Fiscal Council: ‘next state budget should focus on building resilience’
The Cyprus Fiscal Council on Wednesday said the 2023 state budget should be designed in such a way that it bolsters the Cypriot economy’s presently-satisfactory...
Cyprus Business News
Cyprus Business Now
There was an increase of 16.69 per cent in the Construction Materials Price Index in August 2022, compared to the corresponding period in 2021, according...
Hellenic Bank posts €55.4 mln half-year profit, new lending surpasses €500 mln
Hellenic Bank on Tuesday released its financial results for the first half of 2022, posting a profit of €55.4 million, compared to a profit of...
Cyprus hotels demand labour shortage solution after worker exodus
The Cyprus hoteliers’ association (Pasyxe) on Monday announced that it plans to meet with Labour Minister Kyriacos Koushos in order to discuss the ongoing labour...
Cyprus Business Now
Fidera Limited and its operating partner Elements Capital Management on Monday unveiled the exterior design of Londa Residences, a high-end residential development in Limassol. The...
Major technology firm sets up shop in Nicosia
DataArt, a global software engineering firm, this week announced the opening of a new office in Cyprus. The company, which has received support from Invest...
PwC Cyprus bolsters ESG division with new addition
PwC Cyprus this week announced that it has bolstered its environmental, social and governance (ESG) consulting division through the addition of Chris Angelides, who will...
Evel president: ‘new mall a catalyst for business modernisation in Larnaca’
President of the Larnaca Chamber of Commerce (Evel) Stavros Stavrou on Friday attended the opening of the Metropolis Mall in Larnaca, where he delivered an...
Cypriot company invests in pet animal startup
Cyprus company Gain Venture Studios (GAIN) this week announced the increase of its participation in Cypriot startup 11Pets Ltd, resulting in the company becoming a...
Cyprus Business Now
Harmonized inflation in Cyprus continued to rise in August 2022, albeit at a slower pace than the previous month, registering a 9.6 per cent year-on-year...
