Cyprus Business News

The Deputy Ministry of Tourism announced on Wednesday that the license renewal process for self-catering accommodation units, including villas, houses, and apartments, has started. This process will solely be conducted ...

The GB-CY International Investment Conference 2024, which took place on May 9, was a resounding success, according to an announcement released by the organisers on Wednesday. Hosted by the Great Britain-Cyprus Business ...

President of the Cyprus Hotel Association (Pasyxe) Thanos Michaelides this week raised concerns about a slowdown in summer bookings, indicating that 2024 may see a downturn compared to previous years. Michaelides ...

The Cyprus Property Developers Association (LBDA) marked its 40th anniversary this week, stating that during this time it has emerged as a “dynamic advocate and representative of the land and ...

The value of bounced cheques recorded in Cyprus reached €252,988 during the first four months of 2024, according to a report released this week by the Central Bank of Cyprus (CBC). These ...

Cyprus’ construction sector has shown significant growth, as evidenced by the increase in building permits issued by the municipal authorities and the district administration offices in the early months of 2024. ...

The upward trend in housing prices, primarily driven by increases in apartment prices, persisted during the fourth quarter of 2023, according to a report published by the Central Bank of Cyprus ...

Deputy Tourism Minister Kostas Koumis on Tuesday said that the total seat capacity airlines expect to offer for trips to Cyprus in the coming months will be similar to last ...

Cyprus’ construction sector has shown significant growth, as evidenced by the increase in building permits issued by the municipal authorities and the district administration offices in the early months of 2024. ...

Global Finance, one of the leading international publications focused on banking and finance, has named Bank of Cyprus the Best Bank and the Best Investment Bank in Cyprus in its 2024 ...

The Cyprus Chamber of Commerce and Industry (Keve), in its role as the Coordinator of Enterprise Europe Network (EEN) Cyprus, alongside the Ministry of Energy, Commerce, and Industry and the ...

Shipping Deputy Minister Marina Hadjimanolis is making an official visit to London to participate in the International Maritime Organisation’s (IMO) celebrations for the International Day for Women in Maritime, ...

The Cyprus Mail recently had a chat with Ilya Karpinskiy, a seasoned veteran in the gaming industry, both as a game creator and investor. During the interview, we discussed his ...

TechIsland, the foremost tech association in Cyprus, is gearing up for the much-anticipated fourth edition of its annual TechIsland Summit, according to an announcement released on Monday. Scheduled for May 30, ...

National investment promotion agency Invest Cyprus recently showcased the country’s business and investment credentials in the Middle East, while also highlighting that Cyprus can act as a gateway to ...

TechIsland, the foremost tech association in Cyprus, is gearing up for the much-anticipated fourth edition of its annual TechIsland Summit, according to an announcement released on Monday. Scheduled for May 30, ...

The total number of registered vehicles in Cyprus surged by 33.5 per cent during the period of January to April 2024, reaching 17,589, compared to 13,180 during the same period in 2023, according to a ...

Employment in the Cypriot government has seen a rise of 5.2 per cent, totalling 2,697 individuals, for the period of January to April 2024, when compared to the same period in 2023, averaging at 54,837 ...

Deputy Minister of Tourism Kostas Koumis has extolled the value of sports tourism, saying that it can have a multiplier effect on the local economy, after having noted the segment’...

German credit rating agency Scope has completed its periodic review of the Cypriot economy, opting not to issue a rating action, citing no significant changes that would impact the assessment ...

Here are the top business stories in Cyprus from the week starting May 6: The Easter holiday season saw a 50 per cent decline in business activity for restaurants, bars, and other ...

Cyprus’ tourism revenue surged by 15 per cent year-on-year in February 2024, marking a significant recovery following a slight 0.9 per cent dip in the first month of the year, according to a ...

The future of the maritime industry is set to be a focal point at the Poseidonia 2024 World Expo, where a wide range of critical industry issues will be analysed by ...

Cyprus’ trade deficit narrowed sharply in the first quarter of this year annually, mainly reflecting the deceleration in prices and inflation, according to a report by the Cyprus Statistical Service (...