Cyprus Business Now
DP World Limassol used World Tourism Day to reiterate its commitment to further bolster the country’s cruise industry and turn the Limassol port into a...
Cyprus by the Numbers
Cyprus Business Now
The Bank of Cyprus’ BOC Asset Management (BOCAM) company has been awarded a contract to provide consultancy services to the Cyprus Telecommunications Authority (Cyta), as...
Cyprus Business Now
The Cyprus Shipping Chamber held its annual charity beach volley tournament in Limassol between September 19 and September 26. The tournament included the participation of...
Cyprus Business Now
The European Commission has approved a €2.7 million scheme by Cyprus to support small and medium-sized enterprises (SMEs) active in the agricultural and livestock production,...
Hellenic Bank ‘making solid progress towards strategic goals’, new CEO says
Despite the ongoing effects of the pandemic Hellenic Bank is still on course to meet its long-term objectives, its new CEO Oliver Gatzke said on...
Cyprus will use technology to boost visitor experience at Dubai Expo
Cyprus will be at the EXPO2020 world fair between October 1 2021 and March 31 2022 to share its history and cultural heritage with visitors,...
Cyprus Business Now
Trade union Sek has released a press statement saying that it has been asking for a ‘prudent and comprehensive’ tax reform that will be shaped...
Limassol sewerage board signs first contract for €7 million project
The Sewerage Board of Limassol – Amathus (SBLA) signed a contract on Wednesday for the construction of a sewerage system in Palodia, at an estimated...
Cyprus Business Now
The Research Foundation’s chairman Nikolas Mastroyiannopoulos announced on Wednesday two new security and defence programmes. The programmes are worth a total of €3 million and...
Bank reluctance to lend to businesses jeopardises EU funds
More than €200 million in EU funds has been allocated to improve the competitiveness of Cypriot businesses between 2021 and 2027, but the full absorption...
Cyprus Business Now
71 community councils have been exempted from contributing to the construction cost of various small-scale projects amounting to €5.2 million in total. The councils’ contributions...
Regulatory challenges and solutions for FX Brokers
How RegTech companies can help transform Cyprus into a tech hub For several years, we have been empowering fintech firms with the regulatory technology (RegTech)...
Cypriot industry will be green, digitised and add value, Pilides says
Cyprus is working towards an efficient, greener and value-oriented industry sector, Minister of Energy, Commerce and Industry Natasa Pilides said on Monday. “We are one...
Cyprus Business Now
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...
MPs scrutinising pandemic support budget
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...
President gives shipping his full backing
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...
Cyprus Business Now
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...
Cyprus Business Now
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...
Budget deficit for next three years
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...
New CySEC chairman appointed
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...