Cyprus Business News

The Bank of Cyprus’ compliance team has received significant recognition from the Association of Compliance Officers in Greece, according to an announcement released this week. The Compliance Awards ceremony took ...

Cyprus introduced its first zero-emission vessel, Evploia Aphrodite, at Larnaca Marina this week, with the support of Deputy Shipping Minister Marina Hadjimanolis. Evploia Aphrodite, developed by the Cyprus Marine and ...

The Interior Ministry this week highlighted a rising demand for apartments, linking this trend with the number of people who have utilised housing assistance provided by revised support schemes. This ...

Cypriot firm Embio Diagnostics on Friday announced that it recently represented the country at GITEX Global 2024, one of the world’s most prestigious technology and startup expos. According to the ...

The Cyprus Securities and Exchange Commission (CySEC) announced on Friday that it regards its active participation in this year’s World Investor Week (WIW) 2024 as a “complete success.”This global ...

Cyprus investment promotion agency, commonly referred to as Invest Cyprus, on Thursday announced the signing of a memorandum of understanding (MoU) with Invest Paraná, the investment promotion agency of the ...

Cyprus investment promotion agency, commonly referred to as Invest Cyprus, on Thursday announced the signing of a memorandum of understanding (MoU) with Invest Paraná, the investment promotion agency of the ...

The Cyprus Union of Shipowners (CUS) has taken a prominent role in recent years in promoting and strengthening the country’s shipping sector, according to union vice president Polys Hajioannou. ...

Ayia Napa Mayor Christos Zannettou on Thursday said that strengthening relations with Polish tourism stakeholders has become a key focus for the Famagusta Regional Tourism Board (Etap). Zannettou’s remarks ...

CySEC officer Elena Karkoti this week released an article highlighting the importance of financial education from an early age, as part of the Cyprus Securities and Exchange Commission’s (CySEC) ...

The Central Bank of Cyprus (CBC) released its latest financial stability report this week, highlighting how banks and insurance companies are shaping their investment strategies in different ways. The report, ...

The Cyprus Investment Funds Association (CIFA) held its Athens roadshow this week, with primary focus revolving around the prospects Cyprus offers in the field of investment funds. The event was ...

Invest Cyprus recently hosted a roundtable discussion with Indian business leaders to promote bilateral relations and provide aftercare services to support post-investment activities. The event was held in collaboration with ...

The European Central Bank (ECB) has scope to further cut its key interest rates as inflation moves closer to its target, but it should remain vigilant about potential upside risks, ...

The European Central Bank (ECB) has scope to further cut its key interest rates as inflation moves closer to its target, but it should remain vigilant about potential upside risks, ...

TechIsland, the largest tech association in Cyprus, on Wednesday announced PwC Cyprus as the latest addition to its esteemed group of donors. “This partnership underscores a shared vision of fostering ...

The Paphos Regional Tourism Board (Etap) on Wednesday announced that up to €25,000 in funding is available for small and medium-sized enterprises (SMEs). The funding is being made available in the ...

Cyprus’ fiscal balance has made a remarkable recovery from recent shocks, with current fiscal surpluses exceeding pre-pandemic levels, according to rating agency Morningstar DBRS. The agency attributed this improvement to ...

Cyprus needs bold solutions to address its housing crisis, according to Yiannis Misirlis, president of the Cyprus Land and Building Developers Association (LBDA). Speaking at a conference titled “Housing Policy: ...

Cyprus recorded a fiscal surplus of €631.80 million in 2023, corresponding to 2 per cent of its GDP, according to a report from the state’s statistical service. Meanwhile, the public debt for ...

Cyprus recorded a fiscal surplus of €631.80 million in 2023, corresponding to 2 per cent of its GDP, according to a report from the state’s statistical service. Meanwhile, the public debt for ...

The ongoing conflict in the Red Sea, marked by frequent Houthi rebel attacks, poses a grave threat to global shipping and international trade, according to the Cyprus Shipping Chamber. In ...

Cyprus’ gross government debt-to-GDP ratio stood at 70.5 per cent at the end of the second quarter, reflecting a drop both on an annual and quarterly basis. In contrast, the eurozone’...

Energy regulators in the EU have raised concerns that the slow rollout of smart meters is hindering the electricity system’s flexibility, according to Andreas Poullikas, chairman of the Cyprus ...