Cyprus Business News

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 ...

Cyprus experienced a significant rebound in inflation in August 2023, primarily attributed to the surge in food prices, effectively ending a year-long period of declining prices since its peak in July 2022 ...

Representatives of the world’s major investment funds and managers are expected to convene in Limassol, Cyprus, from October 23 to 25 for the 36th Annual International Investment Funds Association (IIFA) conference. ...

The Cyprus Hoteliers Association (Pasyxe), led by President Thanos Michaelides and General Director Philokypros Rousounides, held discussions with the Greek Minister of Tourism, Olga Kefalogianni, and representatives of the Hellenic ...

In celebration of International Equal Pay Day, the Commissioner for Gender Equality and the Cyprus Chamber of Commerce (Keve) have announced a collaborative effort to advance gender equality in the ...

TechIsland, Cyprus’s leading tech business association, celebrated a significant milestone as it concluded the “Building Tech Islands: A Workshop on Attracting Foreign Tech Companies”. Held as a side event ...

Tourist arrivals to Cyprus witnessed a significant surge of 60,254 visitors in August 2023, a rise of 13.4 per cent compared to August 2022, primarily attributed to a remarkable increase of nearly 33,000 tourist arrivals ...

The head of the Association for the Protection of Bank Borrowers (Syprodat) Costas Melas said on Monday that he requested to meet with finance minister to present him with new ...