Cyprus Business News

The association of large investment projects (SMA) this week welcomed the decision by the cabinet of ministers to approve the creation of a marina in Paphos, a major project for ...

TUS Airways on Thursday announced the launch of seven weekly direct flights between Larnaca and two large Slovak cities as of this summer. Flights will start to Bratislava and Kosice ...

The Famagusta branch of the hotels’ association Pasyxe on Wednesday expressed concern ahead of the upcoming summer tourist season, noting that labour shortages remain an ongoing issue, despite the positive ...

The Association for the Protection of Borrowers (Syprodat) this week said that the new government should engage in dialogue with Cypriot banks in order to resolve the issue of non-performing ...

The Bank of Cyprus on Wednesday announced that it recently received the Quality Recognition Award from global finance giant JP Morgan Chase Bank, in recognition of the bank’s excellence ...

Increased property availability could help to stimy soaring rental prices The city of Nicosia could have an additional 10,180 apartments, which could alleviate rising rental costs and soaring real estate prices, ...

International hydrocarbon exploration and production company Energean on Tuesday announced that Israel has now officially entered the oil exporters club, after hydrocarbon liquids were transported from Karish. “Energean is delighted ...

i-BrainTech’s decision is seen as a vote of confidence in Cyprus Israeli sports technology company i-BrainTech, a pioneer in athletic brain training, on Tuesday announced its plan to expand ...

Artificial intelligence will play a vital role in the future of the energy sector, especially as it continues to become more digital and decentralised, according to Cyprus Energy Regulatory Authority (...

The Cyprus-Greece Business Association on Monday released a statement congratulating newly elected president Nicos Christodoulides and wishing him “all the best with his challenging task”. In its statement, the association ...

The European Union’s economy will avoid recession but headwinds continue to be an issue, according to the European Commission’s interim winter economic forecasts for 2023, presented by Economy Commissioner ...

The four-day workweek has numerous benefits for the organisations that implement them, both in terms of employee satisfaction, but also to their customers, according to a piece of analysis released ...

The presidents of the Institute of Chartered Accountants in England and Wales (ICAEW) and The Institute of Certified Public Accountants of Cyprus (ICPAC) on Friday announced that they have signed ...

By Charles Ellinas The Economist Intelligence Unit (EIU), a sister organization of The Economist, published the 2022 edition of its annual ‘Democracy Index’ in the first week of February. Another respected ...

The Cyprus Mail recently spoke to Andrew Williams, the Global Head of Human Resources at LImassol-based Libertex Group. The interview covered a number of areas, including what the company does ...

The Cyprus real estate market enjoyed a strong second half of the year, pushing the total value of all property sales to €5.8 billion for 2022, according to a report released this ...

The University of Cyprus this week announced that five positions have been made available at the KIOS Research and Innovation Centre of Excellence, as part of an undergraduate research opportunities ...

Cyprus and India can mutually benefit through a deeper and broader economic and business collaborative relationship, according to an analysis released this week by two executives from consulting and advisory ...

Port management company DP World Limassol on Wednesday announced that it had one of its best years since taking over as operator in 2017, recording an impressive performance in 2022, with Limassol ...

The Association of Cyprus Tourist Enterprises (Stek) on Wednesday announced that a range of free seminars will soon become available to tourism sector professionals. “The Association of Cyprus Tourist Enterprises, ...

The total number of loan restructurings in Cyprus appears to have decelerated in 2022, after their sudden and sharp increase in 2021 due to the adverse economic effects of the coronavirus pandemic, ...

APS Group, one of the leading alternative asset management companies in Central, Eastern, and South-eastern Europe, on Tuesday announced that it has acquired a corporate and SME secured loan portfolio ...

House prices in Cyprus continued to rise during the third quarter of 2022, primarily due to elevated construction costs and increased demand from both foreign and local buyers, according to a ...

Deputy Minister of Shipping Vassilis Demetriades met with Japanese ambassador Yoshio Yamawaki on Monday, where both sides reiterated that Cyprus and Japan continue to strengthen their bilateral cooperation, particularly in ...