Cyprus Business News

The price of 27 out of 45 products monitored by the Cyprus consumer protection service increased in July, according to the latest price observatory report. According to the service, the biggest rises ...

Hoteliers in Famagusta are optimistic that occupancy levels will be similar to those in 2023, with current rates for July and August standing at 85 to 95 per cent. Panayiotis Constantinou, President of ...

PwC Cyprus partner and telecoms lead Nicos Theodoulou on Thursday highlighted key strategies for telecom leaders to remain competitive amid rapid industry changes in the   “Digital connectivity is more important ...

Neapolis University Pafos (NUP) on Thursday announced the establishment of the Jean Monnet Centre of Excellence AI-2-Trace-Crime, a project supported by the European Union. According to the announcement, this ...

The Cyprus Securities and Exchange Commission (CySEC) on Thursday issued a warning to the public regarding false and misleading posts circulating on social media and other online platforms. These posts, ...

The price of 27 out of 45 products monitored by the Cyprus consumer protection service increased in July, according to the latest price observatory report. According to the service, the biggest rises ...

Cypriot banks have nearly eliminated their borrowing from the Eurosystem through Targeted Longer-Term Refinancing Operations (TLTROs), with the latest data from the Central Bank of Cyprus (CBC) showing repayments totalling €2.6 ...

Research spending in Cyprus as a percentage of domestic GDP remains low compared to the European average, despite an increase in absolute terms. According to a report released on Wednesday ...

There will be a new issue of Cypriot government bills on Monday, August 26, with the bills having a three-month duration, set to mature on November 29, 2024. Sophic, an online platform that ...

Larnaca’s hotels are enjoying robust occupancy rates this summer, ranging from 80 to 85 per cent, according to Marios Polyviou, president of the Larnaca Hoteliers Association (Pasyxe). Speaking to the Cyprus ...

Cypriot banks have nearly eliminated their borrowing from the Eurosystem through Targeted Longer-Term Refinancing Operations (TLTROs), with the latest data from the Central Bank of Cyprus (CBC) showing repayments totalling €2.6 ...

The final discussion on the 2025 state budget is expected to take place in mid-September during a Cabinet meeting, according to Finance Minister Makis Keravnos. Speaking to the Cyprus News Agency (...

The latest State Aid Scoreboard from the European Commission, published by the Centre of International and European Economic Law (CIEEL), shows a significant reduction in state aid expenditures reported by ...

The PwC Foundation on Tuesday detailed the various initiatives under its youth entrepreneurship pillar, aimed at bolstering young entrepreneurial talents and supporting community projects across Cyprus. These efforts include continuing ...

Cyprus experienced a 2.4 per year-on-year cent increase in the Harmonised Index of Consumer Prices (HICP) in July 2024, compared to the same month of the previous year. The HICP, a key ...

The final discussion on the 2025 state budget is expected to take place in mid-September during a Cabinet meeting, according to Finance Minister Makis Keravnos. Speaking to the Cyprus News Agency (...

The Bank of Cyprus on Monday announced that it will hold an extraordinary general meeting (EGM) on September 13 to approve its listing on the Athens Stock Exchange (ASE) and to ...

The Cyprus Stock Exchange (CSE) has announced the suspension of trading for several listed companies on both the Regulated Market and the Emerging Companies Market, due to their failure to ...

A total of 551,229 tourists visited Cyprus in July 2024, marking a rise of 5.3 per cent from the 523,718 visitors recorded in the same month last year, according to a report released on ...

The Frederick Research Center, in collaboration with the Cyprus Energy Regulatory Authority (CERA) and Electi Consulting Ltd, is developing an online platform for managing green energy usage at ports. According ...

The Bank of Cyprus on Monday announced that it will hold an extraordinary general meeting (EGM) on September 13 to approve its listing on the Athens Stock Exchange (ASE) and to ...

Cooperative banks are set to make a comeback, with regional meetings to inform the public scheduled for October, during which people will be able to sign up. Learning from the ...

A total of 6.6 million passengers travelled through Cyprus’ airports between January and July this year, according to airport operator Hermes Airports. In addition, the company said that it expects the ...

Here are the top business stories in Cyprus from the week starting August 12: A recent study by Freedom24 has shed light on the investment preferences of Cypriots, revealing a strong ...