Cyprus Business News

The highly anticipated Best Invest Congress is set to take place on May 29-30 at the Parklane Hotel in Limassol, bringing together experts and stakeholders from the local business and ...

European University Cyprus this week announced that in collaboration with the International Union of Tourism Policy and Middlesex University, will be holding an international tourism conference in Cyprus. The conference, ...

The Cyprus Composite Leading Economic Index (CCLEI) maintained a positive growth rate in April 2023, bolstering economic forecasts, according to a report released on Wednesday by the Centre of Economic Research ...

There was an increase of more than half a billion euros in terms of the assets belonging to investment organisations in Cyprus in March 2023, compared to December 2022, according to a ...

Cypriot telecommunications company Cyta this week officially announced its collaboration with ABS, a prominent international satellite provider. According to the announcement, the partnership aims to support ABS’s satellite navigation ...

The Finance Ministry on Wednesday released a statement welcoming the package of measures issued today by the European Commission, regarding the European Semester, which includes decisions related to the process ...

The Cyprus Chamber of Commerce and Industry (Keve) on Wednesday that it participated in a trilateral meeting on May 23, 2023, alongside the Turkish Cypriot Chamber of Commerce (KTTO), and the Special ...

The Cyprus University of Technology (Tepak) and the Chamber of Commerce of Famagusta this week announced that they will collaborate on the launch of a ‘free university’ initiative in Famagusta. ...

The Cyprus Ministry of Agriculture, Rural Development, and Environment is implementing various initiatives to support beekeeping, aiming to improve the general conditions and trade of hive products, according to Minister ...

The Ministry of Energy, Commerce, and Industry on Tuesday announced that, in collaboration with the Cyprus Chamber of Commerce and Industry (Keve) and the state’s Trade Centre in Dubai, ...

The General Secretariat for European Affairs of the Ministry of Foreign Affairs coordinated a study visit of EU officials on Monday, with the aim of enhancing relations between the administrations ...

The Governor of the Central Bank of Cyprus (CBC), Constantinos Herodotou, will participate on Wednesday, May 24 2023, in the European Central Bank (ECB) Governing Council non-monetary policy meeting in Frankfurt. A ...

By George Sklavos The smooth transition to the digital age is one of the toughest challenges facing the banking sector in Cyprus. We are living in a time when everything ...

Property sales rose by 20 per cent between January and the middle of May, compared to the corresponding period of 2022, according to the head of the Department of Lands and Surveys ...

The course and prospects of the Cypriot economy, as well as issues pertaining to EU funds until 2027, took centre stage during a meeting between Finance Minister Makis Keravnos and European ...

Below are the top business stories from Cyprus for the week starting May 15: Tourist arrivals in Cyprus experienced an increase of 18.5 per cent in April 2023, compared to the same period ...

Council for Registration of Real Estate Agents president Marinos Kineyirou this week urged any stakeholders in this space to invest in cybersecurity measures in order to not endanger both their ...

The European Maritime Day in Cyprus commenced with a grand opening ceremony held at Larnaca’s Medieval Castle on Thursday, according to an announcement released yesterday. The event, organised by ...

The Cyprus Association of Research and Innovation Enterprises (KSEEK-CARIE) and the French Maritime Industry Association (GICAN) this week signed a Memorandum of Cooperation, aiming to strengthen defense and industrial cooperation. ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday stated that it has recently detected additional cases of fraudulent impersonation of CySEC officers and representatives, following an earlier warning, issued ...

Cypriot firm Ask Wire on Friday released a report examining the age of buildings in the city and suburbs of Limassol, helping to outline the trajectory of residential development over ...

Europe’s growing dependence on imported critical raw materials (CRMs) should be viewed as a major concern, according to recent comments by Mark Rachovides, chairman of Cyprus mining company Venus ...

The vice-president of the Cyprus Chamber of Commerce and Industry (Keve), Andreas Demetriades, this week highlighted the concerning issue of soaring rental costs, which, in many cases, exceed the means ...

Construction Price Index The Construction Price Index in Cyprus experienced a deceleration for the third consecutive quarter in April, indicating a slight alleviation of inflationary pressures within the sector. The ...