Cyprus Business News

Cyprus is facing a critical situation when it comes to being able to access housing, with numerous indicators painting a grim picture that demands immediate attention, according to Marinos Kineyirou, ...

Cyprus’ Composite Leading Economic Indicator (CCLEI), compiled by the University of Cyprus’s Economic Research Centre (CypERC), displayed a 2.6 per cent annual increase in September 2023, a reflection of positive trends ...

Finance Minister Makis Keravnos this week reiterated the government’s commitment to bolstering the administrative services sector in Cyprus. The minister’s comments were delivered during his address at the 11...

The Construction Material Price Index in Cyprus experienced a slight annual decline in September, marking its first yearly decrease in nearly three years, particularly since November 2020. According to data from ...

President Nikos Christodoulides announced several multi-million-euro projects in the municipalities and communities of the Famagusta district, highlighting the government’s commitment to the area’s development, during a gathering at ...

National flag carrier Cyprus Airways on Friday released a report revealing its traffic results for the month of September 2023, with the airline having transported a total of 48,560 passengers during this ...

The path to sustainable tourism involves the fusion of technology and the preservation of cultural heritage, stated Deputy Minister of Tourism Kostas Koumis, during his speech at the 16th International ...

In a bid to enhance their existing collaboration, the Department of Computer Science at the University of Cyprus and Wargaming Group Limited this week announced the signing of a Memorandum ...

The Central Bank of Cyprus (CBC) on Thursday announced that it has officially launched a project aimed at implementing remote customer identity verification, known as digital onboarding, in collaboration with ...

The Bank of Cyprus on Thursday announced the launch of two new deposit products, known as “Step-Up,” designed to offer clients the opportunity to earn increased interest rates over an 18...

The Harmonised Index of Consumer Prices (HICP) in Cyprus increased by 4.3 per cent in September 2023, compared to the same month in 2022, according to the Cyprus Statistical Service. This rise in ...

Hellenic Bank on Wednesday released a statement explaining that in an increasingly volatile economic environment, Cypriot businesses require a stable and reliable partner, noting that with a customer-centric approach, in ...

World Investor Week 2023 (WIW2023) has concluded successfully with a significant level of participation, according to a statement by the Cyprus Securities and Exchange Commission (CySEC), which collaborated with global supervisory ...

The European Central Bank (ECB) is not expected to raise interest rates at its upcoming session, as recent economic data indicates that its benchmark rates have reached levels conducive to ...

Bank of Cyprus CEO Panicos Nicolaou this week revealed a vision for Cyprus as a thriving business hub in the region, noting that the island has the potential for further ...

National flag carrier Cyprus Airways on Wednesday unveiled plans to extend its schedule with new flights to the city of Nice, France, starting from December 12, 2023, with the airline set to ...

The University of Cyprus on Tuesday announced that the Jean Monnet Centre of Excellence DIGIU, which is dedicated to the study of the European institutional framework concerning digital and online ...

Two weeks after the Cyprus Mail sat down for an interview with Timur Turlov, CEO of Freedom Holding Corp., his company was investigated by US regulators. This comes two months ...

The priorities of the government are intertwined with the commitment to incorporate technology and digitisation into its policies, stated Undersecretary to the President, Irene Piki, on Tuesday, a sentiment echoed ...

Hermes Airports, the company managing both of Cyprus’ international airports, on Tuesday announced that Larnaca Airport claimed the top spot in the highly competitive category for airports with 5-10 million ...

The Finance Ministry is preparing a study to revise the laws surrounding the annual corporate levy, said a spokesperson for the Ministry of Finance in the parliamentary Trade Committee, with ...

WomenTech Network, in partnership with Adsterra and TechIsland, will host the Women in Tech Limassol Meetup on October 19, 2023, at 6.30 pm at Lellos Art Point (str. Agiou Andreou 213), according to an ...

The government should be looking into ways of tackling the longstanding issue of seasonality in the tourism industry, as well as improving connectivity to the island, according to a survey ...

The 7th International Scientific Conference on Renewable Energy and Energy Efficiency has drawn to a triumphant close, attracting professionals, scientists, and enthusiasts from both Cyprus and abroad within the business ...