Cyprus Business News

The Association for the Protection of Borrowers (Syprodat) on Tuesday released a statement in which it requests meetings with House Speaker Annita Demetriou, Central Bank Governor Constantinos Herodotou, as well ...

The upcoming conference of the Eastern Mediterranean Gas Forum (EMGF) in Cyprus on October 14, which Minister of Energy, Commerce and Industry Natasa Pilides is leading as forum president, will centre ...

The Cyprus Shipping Chamber (Kne) this week announced that it supports the joint statement by European shipping industry stakeholders who call for the sequestration of shipping revenues in the Emission ...

The Economic Policy Uncertainty Index (EPU) in Cyprus surpassed all previous records in April 2022, after the Russian attack on Ukraine last February, reaching a value equal to 364.8, according to a ...

The number of registered unemployed in September 2022 increased compared to September last year, according to both actual and seasonally adjusted data, released on Wednesday by the Cyprus Statistical Service (Cystat). ...

Cash inflow in state-owned asset manager, Kedipes amounted to 115.2 million in the second quarter of 2022, down by 0.9 per cent compared with the first quarter of 2022, marking an increase of 20.9 per ...

Ratings agency Moody’s on Wednesday announced that it has upgraded the Bank of Cyprus and Hellenic Bank’s long-term ratings, including their long-term bank deposit ratings to Ba2, from ...

The majority of Cypriot businesses said that the biggest challenges that they are now facing include the prerequisite development of digital skills of their staff (62 per cent), and the understanding ...

Net new lending in Cyprus fell during August 2022, dropping to €182.3 million, the second month in a row where a decrease was observed, according to a report released on Tuesday by ...

The meeting of the European Central Bank’s (ECB) Governing Council, scheduled to take place in Limassol on Wednesday, is expected to include a discussion on reducing the ECB’s ...

Vibrant Limassol event plays host to business and technology stakeholders from Cyprus and abroad By Kyriacos Nicolaou Startup founders, entrepreneurs, media personalities, technology sector stakeholders and creatives all got together ...

Ariana Resources, the AIM-listed mineral exploration and development company with gold mining interests in Cyprus and elsewhere in Europe, on Friday announced its unaudited interim results for the six months ...

The Nicosia Chamber of Commerce and Industry (Evel) this week announced that it successfully held an event on branding and businesses and professionals can create value for enterprises, industries and ...

Finance Minister Constantinos Petrides on Friday announced that the state budget for 2023 has been approved by the Cabinet of Ministers, noting that it is the most growth-oriented and green budget ...

Major software company JetBrains on Friday announced that it relocated to Cyprus, further showcasing the growth that the island’s information technology ecosystem has experienced in recent years. JetBrains, a ...

Cyprus based Global Maritime Fund (GMF) this week announced that it has been endorsed by International Maritime Industries (IMI), the largest shipyard in the Middle East and North Africa region (...

The Cyprus Investment Funds Association (CIFA) on Wednesday held an event focusing on the latest developments in Cyprus’ investment funds sector, spearheaded by the association’s president and board of ...

The president of the national investment promotion agency Invest Cyprus Evgenios Evgeniou on Wednesday said Cyprus’ policy of granting tax incentives to foreign technology companies has been effective, resulting in 7,000 ...

A Cyprus Chamber of Commerce and Industry (Keve) delegation this week met with the Cyprus-Greece Business Association and the Institute of Certified Public Accountants of Cyprus (Selk) in Athens, where ...

Hellenic Bank CEO Oliver Gatzke on Wednesday said that since first being appointed to the role 15 months ago, the bank has evolved into an organisation with a leaner management structure, ...

One in ten Cypriot businesses said that they consider the government’s support measures to have helped, while two in ten businesses consider that they have helped to an adequate ...

There was a net increase of €173.7 million in total deposits and a net decrease of €100 million in total loans in August 2022, according to a report released on Tuesday by the ...

Private equity firm Lone Star, in a statement issued on Tuesday to the London Stock Exchange, said that it is not intending to submit a revised offer for the acquisition ...

The Association of Cyprus Tourist Enterprises (Stek) on Monday said that ‘rethinking tourism’, the key theme of this year’s World Tourism Day, highlights the importance of the continuous improvement ...