Cyprus Business News

Cyprus’ Producer Price Index (PPI) in industry recorded a 3.8 per cent decrease in April 2024 compared to the same month in 2023, primarily due to reductions in the electricity supply sector, according ...

Here are the top business stories in Cyprus from the week starting May 27: At a recent Cyprus Sustainable Tourism Initiative (CSTI) event titled ‘Beach without Plastics,’ Deputy Minister of Tourism ...

Cyprus’ general government recorded an increased surplus of €665.2 million during the first four months of 2024, corresponding to 2.1 per cent of GDP, compared to a surplus of €391 million, a share of 1.3 ...

Larnaca on Friday unveiled a new corporate identity, marking a pivotal moment for the city’s tourism, according to Deputy Minister of Tourism Kostas Koumis. He emphasised that the rebranding ...

The Cyprus Chamber of Commerce and Industry (Keve) on Friday announced that it has signed a cooperation agreement with the EU SME Centre to support Cypriot small and medium-sized enterprises (...

Experts gathered in Nicosia this week to discuss strategies for enhancing the economic and digital inclusion of women, in a significant event jointly organised by the Union for the Mediterranean ...

In a decision made by the Cabinet this week, Panikkos Vakkou has been appointed as vice chairman of the Cyprus Securities and Exchange Commission (CySEC. According to the Presidency’s ...

The financial outlook for the global economy and markets amid international challenges, along with the key principles of financial forecasting, were the main topics of discussion at the annual economic ...

The implementation rate of development expenses from the state budget stood at 13 per cent at the end of April, slightly higher than the ten-year average of 12 per cent for the ...

The Cyprus Chamber of Commerce and Industry (Keve) on Friday announced that it has signed a cooperation agreement with the EU SME Centre to support Cypriot small and medium-sized enterprises (...

CDB Bank this week announced the commencement of its partnership with the Bank of New York Mellon as its correspondent bank. According to an official announcement by the Cyprus Development ...

The aim is to support the Cypriot market in achieving its green transition objectives The Cyprus Stock Exchange (CSE) and the Hellenic Energy Exchange (HEnEx) this week signed a Memorandum ...

The Industrial Production Index in Cyprus has seen a year-on-year uplift of 3.4 per cent in March, marking its continued upward trajectory for the eleventh month in a row, according to ...

Juicy Button Games, a new independent games studio based in Cyprus, which was co-founded by the creators of Total Battle, Pixel Gun 3D and Mighty Party, on Thursday announced the ...

The Cyprus Stock Exchange (CSE) has announced the acceptance of the listing of 16,000 13-week Treasury Bills, 3rd issue, Series 2024 (31/05/2024 – 30/08/2024), with a nominal value of €1,000 each, amounting to a total value ...

Royal Jordanian Airlines this week announced that it will operate eight flights per week from Paphos airport to Jordan during the summer season. “From June 13 to September 13, Royal Jordanian will ...

Cypriot real estate firm FOX Estate Agency this week announced its official partnership with IQI Global, a leading real estate network and member of the Juwai IQI group. According to ...

The Cyprus Securities and Exchange Commission (CySEC) this week announced the suspension of the Cyprus Investment Firm (CIF) license of W.G. Wealth Guardian Ltd. This decision, which the commission ...

Juicy Button Games, a new independent games studio based in Cyprus, which was co-founded by the creators of Total Battle, Pixel Gun 3D and Mighty Party, on Thursday announced the ...

Deposits in the Cypriot banking system increased for the third consecutive month in April of this year, while loans recorded a net decrease after two months of growth, according to ...

Cyprus’ economic climate saw an upswing in May, with the Economic Sentiment Index (ESI) increasing by 1.6 points when compared to April 2024. According to the Economics Research Centre (CypERC) of the ...

The International Monetary Fund (IMF) on Wednesday praised Cyprus for its strong economic recovery and fiscal discipline, while also recommending continued efforts to reduce public debt and address long-term needs ...

The IMF also praised Cyprus’ economic resilience, projecting steady growth in the coming years. The International Monetary Fund (IMF) on Wednesday praised Cyprus for its strong economic recovery and fiscal ...

In a significant move to support the extensive professional community of Cypriots in Greece and to further foster synergies between Cypriot and Greek professionals, the Embassy of Cyprus in Athens ...