Cyprus Business News

Association for the Protection of Borrowers (Syprodat) director Tzeni Papacharalambous on Wednesday met with Hellenic Bank head of retail banking Andreas Assiotis, discussing a range of issues. Points of discussion ...

Property sales in Cyprus reached €1.3 billion during the first quarter of 2022, according to a report by the land registry released on Tuesday. “The land registry data reflects the dynamic momentum ...

KPMG Cyprus on Tuesday announced that it has entered into a strategic partnership with AI specialists EBO. EBO is one of the leading companies in the field of customer engagement ...

Cyprus’ revenues from ship management rose to €516 million during the second half of 2021, corresponding to 4.2 per cent of Cyprus’ GDP in terms of turnover, according to the Central Bank of ...

6 in 10 businesses said that they will partially pass on increased costs to consumers Cypriot businesses are expecting their turnover to suffer from the adverse effects of the war in Ukraine ...

The demand for apartments and houses for rent in Chloraka has increased this year, primarily among Germans and Northern Europeans, Chloraka mayor Nikolas Liasides said on Friday. In statements made ...

The Cypriot economy continues to show signs of growth, improving its performance over the previous year, but external factors are contributing to a loss of momentum, according to a report ...

The prospects of business and trade cooperation between Cambodia and the Larnaca Chamber of Commerce and Industry were discussed at a meeting between the two on Thursday. “The meeting took ...

The Cyprus property market prices recovered during the fourth quarter of the previous year, boosted by high local demand, according to the Central Bank of Cyprus’ residential property price index ...

An estimated 3.6 million unemployed people in the European Union found employment in the fourth quarter of 2021, according to data released on Wednesday by Eurostat, the EU’s statistical service. This ...

Association of Large Developments president and Cyprus Chamber of Commerce (Keve) vice president Andreas Demetriades on Tuesday asked that the government quickly proceeds with the launch of an international tender ...

By Kyriacos Nicolaou and Elias Hazou Inflation is probably here to stay, Finance Minister Constantinos Petrides said on Tuesday, voicing doubts about the planned transition to ‘green energy’. He made ...

By Kiki Kallis The Great Resignation phenomenon is one of the biggest employment challenges of our time. Thousands of workers around the world have left their jobs in pursuit of ...

By Yiannis Seitanides The new sanctions against Russia, which were decided by the European Union member states and came into force on Saturday with their publication in the Official Journal ...

The Cyprus Chamber of Commerce and Industry (Keve) on Monday announced that it successfully held an event on April 5 on nanotechnological solutions in Cypriot companies. The event, which also explored ...

European Investment Bank (EIB) president Werner Hoyer during his visit to Cyprus on Monday confirmed that projects in Cyprus absorbed €303 million during the previous year, with both the private and ...

Hellenic Bank on Monday announced that it has entered into an agreement for both the sale of a non-performing exposures portfolio, as well as the bank’s servicing platform APS ...

Werner Hoyer, the President of the European Investment Bank (EIB), will meet with members of the Cypriot Government on Monday in Nicosia. According to a statement issued by the EIB, ...

The Cyprus Foundation of the Sea (CyFOS) announced on Friday that it successfully held an informational workshop on April 6, exploring blue economy funding opportunities through the European Commission’s research ...

Artemis Banking Information Systems announced on Friday that it has adopted a new name, with the company now being renamed Artemis Credit Bureau Ltd. Artemis is Cyprus’ only credit bureau, ...

Limassol-based regulatory reporting firm Point Nine announced on Thursday that it has agreed to enter a partnership with regulatory specialists Kaizen Reporting. Kaizen Reporting, a London-based firm, have previously combined ...

Inflation jumped to 7.1 per cent, the highest level in 26 years, in March 2022, on an annual basis, according to data released by the Cyprus Statistical Service earlier this week. This is ...

The Paphos regional board of tourism (Etap) this week announced that it participated in the inaugural meeting for the U-Mar Project, in Sicily, as part of the actions of the ...

Revenues from tourism in the first month of 2022 exceeded €28 million, with the rate of decline in revenue compared to the pre-pandemic era, meaning January 2020, remaining lower than the corresponding rate ...