Cyprus Business News

Deputy Minister of Tourism Kostas Koumis is in Riyadh on Wednesday to participate in World Tourism Day events. World Tourism Day has been designated as September 27 by the World Tourism ...

In today’s competitive business landscape, companies in Cyprus are increasingly recognising the benefits of business coaching and training to drive growth and achieve success, with industry experts extolling the ...

The Bank of Cyprus on Tuesday said that a recent meeting with the government allowed for the bank’s initiative aimed at providing assistance to homeowners with loans secured by ...

P. Soseilos: Reflect Festival and PwC bring together visionaries, business leaders, and experts from all over the world PwC Cyprus has always supported initiatives aimed at promoting positive changes in ...

The Cypriot economy has demonstrated exceptional resilience in recent years, according to statements made by Finance Minister Makis Keravnos, while speaking at the 4th Conference on “Banking System: New Challenges ...

TechIsland, the largest technology association in Cyprus, with over 270 members, held its annual TechIsland Summit within the framework of the Reflect Festival on September 20, 2023. According to a statement released on ...

Limassol port manager DP World on Tuesday released a statement saying that as part of the celebrations to mark World Tourism Day, it held a special event for passengers last ...

Cyprus has emerged as the leader in brain business job growth in Europe, with an impressive 62 per cent increase in the share of adults employed in such roles since 2014, according ...

Kition Ocean Holdings has officially declared zero increases in berthing fees for yacht owners in Larnaca Marina for the year 2024, according to a statement released by the company. The statement ...

A delegation from the Municipality of Limassol, led by Mayor Nikos Nicolaides, recently visited Malaga, Spain, to discuss and solidify a Memorandum of Cooperation between the Municipality of Limassol and ...

TechIsland, the largest tech association in Cyprus, announced the launch of version 1.0 of the “CY GUIDE Chatbot” powered by LoqosAI. Aimed at providing smooth transition for individuals relocating to Cyprus, ...

The Central Bank of Cyprus (CBC) on Monday made a slight downward revision to its growth forecasts for 2023 and 2024, according to its latest macroeconomic projections released in September. The CBC ...

Here are the top business stories in Cyprus from the week starting September 18: Tourist arrivals to Cyprus witnessed a significant surge of 60,254 visitors in August 2023, a rise of 13.4 per cent ...

In a collaborative effort to tackle the challenges facing the tourism industry, particularly the shortage of staff, the Pancyprian Association of Owners of Hospitality Centres (Osika) held a meeting earlier ...

The upward trajectory of property prices in Cyprus over recent years, driven notably by the rising cost of construction materials and increased demand, has prompted concerns among experts, including Marinos ...

During a meeting held this week in New York, Cyprus President Nikos Christodoulides engaged in discussions with the leadership of Ernst and Young, headed by Julie Linn Teigland, Managing Partner ...

Cyprus is dedicated to a dual green and digital transformation, with clear objectives aligned with EU priorities, according to a statement released on Thursday by Deputy Minister of Research, Innovation, ...

Invest Cyprus on Friday released a statement outlining the targeted actions that it has taken to attract investments in the tourism and hospitality sector, within the context of its successful ...

Larnaca port is investing in cruise destinations in the Eastern Mediterranean, it announced on Friday with the goal of attracting tourists from new markets and offering them upgraded tourist experiences. ...

The Cypriot banking sector managed to bolster its resilience in 2023, despite recent economic and geopolitical events, according to Constantinos Herodotou, the governor of the Central Bank of Cyprus. Speaking at ...

An initiative by the Bank of Cyprus aimed at bolstering efforts to protect borrowers and first homes was discussed on Monday during a meeting of the bank’s leadership, led ...

Cyprus Finance Minister Makis Keravnos on Thursday outlined three key characteristics of the state budget for 2024, the first under the administration of President Nikos Christodoulides. The budget is expected to ...

In a bid to combat carbon emissions and align with European Union climate targets, DP World Limassol is collaborating with the Cypriot government and local partners to introduce an onshore ...

In a recent analysis by Eurobank Research Economist Michail Vassileiadis, it was revealed that Cyprus’ economy is on track to sustain robust growth in 2023, even in the face of global ...