Cyprus Business News

Andreas Michael, the owner and managing director of CyView Developers, recently shared insights into the economic outlook and prospects for the construction sector in Cyprus for 2024, including how the country ...

Cyprus’ Research and Innovation Foundation on Monday announced that it is joining forces with Israel’s Ministry of Science and Technology, in order to boost collaboration and cross-border relations in ...

The Cyprus Chamber of Commerce and Industry (Keve) on Monday announced that, in the context of economic diplomacy, president Stavros Stavrou and members of the executive committee will host an ...

Cypriot real estate analytics startup Ask Wire is aiming to create a comprehensive real estate database for the Balkans, as it is now in talks with Romanian companies to showcase ...

Here are the top business stories in Cyprus from the week starting February 5: Recently, the Cyprus Securities and Exchange Commission (CySEC) reached settlement agreements with two Cypriot companies, namely the ...

The total volume of beer deliveries in Cyprus during the period of January to August 2023 experienced a slight increase, while exports witnessed an impressive 18 per cent surge during the same ...

The Cyprus Mail attended this week an exclusive networking event hosted by bbf: at Limassol’s Sky Tower, where a diverse panel of speakers shared their insights on “Trends in ...

The strengthening of innovative local businesses is a top priority for the government, stated Finance Minister Makis Keravnos during his visit to SignalGeneriX, a company specialising in the design and ...

The Research & Innovation Foundation (RIF) on Friday hosted its ‘Partner Day’ conference at the Hilton Hotel in Nicosia, in an effort to further foster collaboration between Cyprus’ research and ...

Cyprus’ trade deficit reached €8.57 billion in 2023, marking an 18 per cent year-on-year increase, according to a report released on Friday by the Cyprus Statistical Service (Cystat), The report, which utilised preliminary ...

National investment promotion agency Invest Cyprus on Friday expressed satisfaction with the meeting held on February 8 at the Presidential Palace, which aimed to provide support to foreign investors in Cyprus, ...

Government spokesperson Konstantinos Letymbiotis on Friday stated that nearly 2,000 companies had registered with the Company Facilitation Unit since 2022, employing 19,000 skilled workers. Letymbiotis, who was speaking at a press conference, added ...

President Nikos Christodoulides on Thursday updated foreign investors on the progress of Cyprus’ Strategy for Attracting Investment and Talent, in effect since 2022. Speaking at an event at the Presidential Palace ...

Cyprus and Egypt have a bilateral strategic relationship that contributes positively to the security and stability of the Eastern Mediterranean, the foreign ministers of both countries said on Thursday, after ...

President Nikos Christodoulides on Thursday presented the progress of implementing Cyprus’ Strategy for Attracting Investment and Talent, which has been in effect since 2022, along with the new actions designed to ...

Registrations of saloon vehicles showed a double-digit increase in January 2024, according to a report by the Cyprus Statistical Service (Cystat). Specifically, the report showed that registrations of passenger saloon cars ...

Cypriot real estate analytics firm Ask Wire on Thursday released a report outlining the performance of the local property market for the fourth quarter of 2023, including property sales and rental ...

The Central Bank of Cyprus (CBC) this week released a statement highlighting the importance of the visit by Pablo Hernandez de Cos, the governor of the Central Bank of Spain, ...

Vice President and Senior Analyst at Moody’s risk assessment group Haiko Peters this week praised the Cypriot’s economy steady improvement, referencing both its growth and ability to weather ...

The Cabinet of Ministers, led by Deputy Minister of Shipping Marina Hadjimanoli, this week approved updated green incentives for the Cypriot shipping sector in 2024, in line with the European Green ...

The Cyprus Employers & Industrialists Federation (Oev) this week expressed its satisfaction with the approval of the Grants Scheme for Energy Upgrade and Competitiveness Enhancement for Large Enterprises. The proposal, ...

Finance Minister Makis Keravnos on Wednesday announced that the Cabinet has approved the revision of the strategic plan aimed at attracting foreign businesses to Cyprus. The revised strategy, according to ...

Cruise industry giant Royal Caribbean Group announced on Wednesday that it is now hiring members of staff based in Cyprus for its cruise ships, with a diverse set of roles ...

The Association of Large Investment Projects on Wednesday released a statement saying that large-scale projects, with a total value exceeding €8 billion, will take centre stage in Cyprus’ economic development journey ...