Cyprus Business News

Gross betting revenue in Cyprus reached €287.8 million during the second quarter of 2024, according to the National Betting Authority. The authority clarified that this figure refers to both in-shop betting (Class ...

Deputy Minister of Shipping Marina Hadjimanolis recently highlighted the importance of maritime education while speaking at the ceremony of the Merchant Marine Academy of Chios. During her speech, which took ...

Larnaca Marina’s berthing fees are “considered very competitive” compared to other commercial marinas on the island, according to the transport ministry. The ministry made the statement as part of ...

Magify, a Cyprus-based business intelligence and LiveOps platform for game developers, has raised €1 million in funding from Steam Power Investments, founded by former executives of Melsoft. According to an official ...

The Cyprus Chamber of Commerce and Industry (Keve) this week announced the establishment of the Cyprus-Baltic States Business Association. According to an announcement from the chamber, this initiative was implemented “...

Visitor numbers at restaurants, cafes and bars in Cyprus reached 90 per cent of their total capacity in August, according to Neophytos Thrasyvoulou, president of the Federation of Leisure Centre Owners (...

Approximately one in four employees, estimated to number 122,315 people, are expected to work in sectors contributing to the green economy, according to Cyprus’ Human Resource Development Authority (HRDA). The European ...

Eurobank Cyprus on Thursday announced that it explored the deepening of business relations with India through its participation in the India Mediterranean Business Conclave. The forum, which was held by ...

Approximately one in four employees, estimated to number 122,315 people, are expected to work in sectors contributing to the green economy, according to Cyprus’ Human Resource Development Authority (HRDA). The European ...

Chief scientist Demetris Skourides recently made an appearance at the Chief Science Advisors Roundtable (CSAR 2024), marking the first time Cyprus was represented at the event. Organised by UNESCO and the ...

The fourth iteration of Tech Talks, inspired by a similar initiative by Google, is scheduled to take place on Monday, October 7, 2024, at the premises of Deloitte Cyprus in Nicosia. The ...

Deputy Minister of Shipping Marina Hadjimanolis announced this week the results of the recent elections for two key advisory committees, which aim to enhance the competitiveness and quality of Cyprus’ ...

High Commissioner of India to Cyprus Shri Manish visited the Cyprus Ports Authority (CPA) headquarters in Nicosia this week. The visit, which took place on Wednesday, sought to explore investment ...

Hellenic Bank successfully completed a €100 million Senior Preferred bond issuance under its €1.5 billion Euro Medium-Term Note (EMTN) programme, according to an announcement released on Wednesday by the bank. The bond ...

Government employment in Cyprus recorded a 3.9 per cent increase in the first eight months of this year compared to the same period in 2023, according to a report released this week ...

Hellenic Bank successfully completed a €100 million Senior Preferred bond issuance under its €1.5 billion Euro Medium-Term Note (EMTN) programme, according to an announcement released on Wednesday by the bank. The bond ...

Chief Scientist Demetris Skourides recently visited India to participate in an event organised by Invest Cyprus, according to an announcement released this week. The event, which took place on September 5, ...

The Cyprus Shipping Chamber (CSC) leadership represented the Cypriot shipping industry at a recent meeting of the International Chamber of Shipping (ICS) in London. The event involved discussions on numerous ...

Renovation work is currently in full swing at the historic Berengaria Hotel in Prodromos, one of Cyprus’ most historic mountain resorts. The well-known residential and commercial developer BBF is spearheading ...

The Paphos Regional Tourism Board (Etap) this week said that preparations are in full swing in the village of Panagia as it gears up to host this year’s grape ...

The Central Bank of Cyprus (CBC) this week released detailed interest rate data for deposits and loans from individual credit institutions. This marks the first instance of this report being ...

The European Researchers’ Night will return to the State Fair in Nicosia on Friday, September 27, with the agenda of the day including live experiments, science competitions, and interactive games. The ...

PwC Cyprus’ Michael Solon Kassinis has outlined the critical importance of the European Union’s updated Network and Information Security Directive (NIS2), set to take effect on October 17, 2024. Kassinis, who ...

The Bank of Cyprus on Tuesday announced that it has begun informing 20,000 eligible borrowers about its latest loyalty reward scheme. According to the announcement, the Bank of Cyprus’ new Pronomia ...