Cyprus Business News

Invest Cyprus on Friday released a statement outlining the targeted actions that it has taken to attract investments in the tourism and hospitality sector, within the context of its successful ...

Larnaca port is investing in cruise destinations in the Eastern Mediterranean, it announced on Friday with the goal of attracting tourists from new markets and offering them upgraded tourist experiences. ...

The Cypriot banking sector managed to bolster its resilience in 2023, despite recent economic and geopolitical events, according to Constantinos Herodotou, the governor of the Central Bank of Cyprus. Speaking at ...

An initiative by the Bank of Cyprus aimed at bolstering efforts to protect borrowers and first homes was discussed on Monday during a meeting of the bank’s leadership, led ...

Cyprus Finance Minister Makis Keravnos on Thursday outlined three key characteristics of the state budget for 2024, the first under the administration of President Nikos Christodoulides. The budget is expected to ...

In a bid to combat carbon emissions and align with European Union climate targets, DP World Limassol is collaborating with the Cypriot government and local partners to introduce an onshore ...

In a recent analysis by Eurobank Research Economist Michail Vassileiadis, it was revealed that Cyprus’ economy is on track to sustain robust growth in 2023, even in the face of global ...

Cyprus experienced a significant rebound in inflation in August 2023, primarily attributed to the surge in food prices, effectively ending a year-long period of declining prices since its peak in July 2022 ...

Representatives of the world’s major investment funds and managers are expected to convene in Limassol, Cyprus, from October 23 to 25 for the 36th Annual International Investment Funds Association (IIFA) conference. ...

The Cyprus Hoteliers Association (Pasyxe), led by President Thanos Michaelides and General Director Philokypros Rousounides, held discussions with the Greek Minister of Tourism, Olga Kefalogianni, and representatives of the Hellenic ...

In celebration of International Equal Pay Day, the Commissioner for Gender Equality and the Cyprus Chamber of Commerce (Keve) have announced a collaborative effort to advance gender equality in the ...

TechIsland, Cyprus’s leading tech business association, celebrated a significant milestone as it concluded the “Building Tech Islands: A Workshop on Attracting Foreign Tech Companies”. Held as a side event ...

Tourist arrivals to Cyprus witnessed a significant surge of 60,254 visitors in August 2023, a rise of 13.4 per cent compared to August 2022, primarily attributed to a remarkable increase of nearly 33,000 tourist arrivals ...

The head of the Association for the Protection of Bank Borrowers (Syprodat) Costas Melas said on Monday that he requested to meet with finance minister to present him with new ...

The ‘photovoltaics for all’ plan will start operating in two months, Energy Minister George Papanastasiou said on Monday. Speaking to CyBC in the morning, Papanastasiou said that funds from the ...

Transforming the work environment can help improve team productivity and further business success; these were our insights based on the real case study of law firm Enalian Consulting. The discussion ...

President Nikos Christodoulides will participate on Monday, in New York, in the opening segment of the Sustainable Development Goals (SDG) Summit. The political forum on sustainable development takes place on ...

Here are the top business stories in Cyprus from the week starting September 11: President Nikos Christodoulides on Friday deflected media questions about the inflation and higher interest rates saying the ...

The Cypriot startup, innovation and research ecosystem has grown considerably in recent years, according to Theodoros Loukaidis, the Director-General of the Cyprus Research and Innovation Foundation (RIF). During an interview ...

The CYENS Centre of Excellence recently held a meeting with the President of the House Commerce Committee, Kyriakos Hadjiyiannis, regarding the “Update on the issues and prospects of Centres of ...

President Nikos Christodoulides on Friday deflected media questions about the inflation and higher interest rates saying the government had a fiscal responsibility to safeguard the viability of the economy so ...

In a meeting with representatives of the Centres of Excellence, held during a session of the House Committee on Commerce, the Deputy Minister of Innovation, Research, and Digital Policy, Philippos ...

Cyprus is gearing up to host the prestigious EMC 2023 – Eastern Mediterranean Conference & Exhibition on Energy from November 28 to 30, 2023. The event, held under the auspices of the Ministry of Energy, ...

Employment in the broad public sector increased by 894 individuals, a rise of 1.2 per cent, in the second quarter of 2023, compared to the same period in 2022, according to the state’s ...