Cyprus Business News

The Deputy Ministry of Tourism said that this year’s World Tourism Day’s theme of Tourism for Inclusive growth is fully aligned with Cyprus’ national tourism strategy for 2030. “The ...

Lawmakers on Monday began reviewing the government’s request to spend an additional €91 million, the lion’s share of which will go to continuing support to businesses as well as ...

By Savvakis C Savvides Every capital investment whether deemed to have negative or positive Net Present Value has, like a coin, two sides. One is the return side and the ...

President Nicos Anastasiades praised the resilience of the shipping sector during a dinner hosted by the Cyprus Union Of Shipowners in Athens. Anastasiades underlined shipping’s contribution to the Cypriot ...

Tourist arrivals in Cyprus reached 321,858 in August of this year, reflecting an increase of 208.7 per cent compared to August of the previous (during which 104,261 arrivals were recorded), and a decrease ...

Businesses asking for bank loans will have to show commitment to the green economy and sustainable development in the future a gathering of business leaders was told this week. “According ...

AstroBank appointed two new board members on Friday, September 10. In an announcement released on Thursday, September 16, the bank said that Michalis Sarris and Evi Rossidou have joined the board. Rossidou ...

The mooted deal for Bahrain’s national airline Gulf Air to use Larnaca airport as a hub for a number of international destinations has the potential to open up the ...

Deficit spending will be the norm for the next three years, according to finance minister Constantinos Petrides who presented the state budget for 2022 to the council of ministers as well ...

The cabinet has appointed George Theocharides as the Cyprus Securities and Exchange Commission’s (CySEC) new chairman, promoting him from the post of vice chairman, which he held since July ...

The Cyprus shipping industry met with the International Chamber of Shipping (ICS) on Tuesday, September 14, to discuss the various technical and environmental issues stemming from the implementation of the pertinent ...

Cyprus’ inability to join the group of Schengen countries has adverse effects on its economy, Paphos Chamber of Commerce and Industry (PCCI) chairman George Mais has said. Speaking to the ...

The ninth edition of the Cyprus Energy Symposium will put the spotlight on all energy-related issues pertaining to Cyprus, a statement by its organisers said. The symposium, which will be ...

CyprusInno has launched a new coworking space called The Base in Nicosia’s Ledra Palace buffer zone. The centre will not be limited to coworking elements as it wil also ...

The Cyprus Securities and Exchange Commission (CySEC) has released a policy statement on cryptocurrency assets, calling on service providers to comply with regulations and warning investors of the risks involved. ...

The European Commission has approved a budget of more than €22 million for the creation of a collection of sewage networks in the Kokkinochoria region in Cyprus. The Commission approved the ...

The Maritime Cyprus Conference has been postponed due to logistical issues stemming from the coronavirus pandemic and the related precautions and safety measures currently in place for all physical events. ...

The total value of Assets under Management (AuM) of Collective Investments reached a record €10.7 billion in the first half of 2021, data from the Cyprus Securities and Exchange Commission showed on ...

Attendees at annual tech, business and future casting festival creating a lasting impact in Cyprus Cyprus has been through its share of challenges, as have many other countries throughout the ...

By Costas Stavrinos Outgoing Chairwoman of the Cyprus Securities and Exchange Commission (CySEC) Demetra Kalogirou said that her successor should not forget the Commission’s vision to establish the safest ...

The Ministry of Energy, Commerce and Industry that its recently launched programme to boost Small-to-Medium sized enterprise (SMEs) competitiveness has received 453 applications through the designated system. The number of applications ...

Finance Minister Constantinos Petrides on Friday expressed satisfaction with the “excellent work” that has been done in relation to the absorption of EU funds, putting Cyprus in the first places ...

With Turkish inflation close to 20 per cent, with 27 per cent of the population unable to afford necessities, the central bank has warned that it is planning to reduce interest rates. ...

Transavia, which flies to/from Cyprus from Amsterdam, is planning to boost its flights to twice per week in the winter, and once per day in the summer. This is ...