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President Nikos Christodoulides on Thursday met with the advisory committee on tax reform, asking that progress on this matter be accelerated, in order to reap any benefits at the earliest ...

Interior Minister Constantinos Ioannou addressed the 18th Real Estate, Land Development, Planning, and Construction Conference on Wednesday, outlining recent developments in the real estate sector, as well as the government’...

The European Commission this week released a report noting that Cyprus’ economy is on a healthy trajectory, expecting both GDP to grow and inflation to decrease. However, it added that ...

Here are the top business stories in Cyprus from the week starting March 18: In response to the growing demand for sustainable and environmentally friendly business practices, the Cyprus Chamber of ...

Deputy Minister of Tourism Kostas Koumis this week said that “a sustainable destination is one that respects both its visitors and its own resources, both natural and human”. Koumis’ comment ...

Minister of Labour Yiannis Panayiotou said this week that proficiency in Greek will play a pivotal role in the approval of renewed work permits and for new foreign applicants. Acknowledging ...

The flow of tourists travelling from Israel to Cyprus is expected to be restored to last year’s levels within the next month, Association of Cyprus Travel Agents (Acta) chairman ...

Kition Ocean Holdings recently held its annual “Kition Volunteer Blood Donation Day” at its facilities located at the Larnaca Port Passenger Terminal. This event marked the second consecutive year of ...

Here are the top business stories in Cyprus from the week starting March 11: REALTYon, the only event in Cyprus dedicated to the entire property industry, is returning for its second ...

The 16th evaluation of Cyprus’ post-memorandum economic situation is set to commence next Tuesday and conclude on Friday, as confirmed by the island’s lenders. The evaluation will encompass an ...

DP World Limassol recently stated that it is making significant strides in championing gender equality and women’s representation in leadership roles in the maritime industry. The company noted that ...

The Council of Ministers has greenlit a forward-thinking budget aimed at facilitating the installation of electric car chargers in businesses. “This initiative is strategically designed to address the burgeoning demand ...

According to the Cyprus Statistical Service (Cystat) report ‘Registration of Motor Vehicles’ for the period January-February 2024, vehicle registrations increased by 45 per cent. Furthermore, the share of electric vehicles has reached 3.1 ...

Eurobank Cyprus on Friday released its financial results for the year 2023, posting an after-tax profit of €199.4 million, reflecting a significant increase of 111 per cent over the previous year. In addition, ...

Cyprus’ Deputy Minister of Tourism Kostas Koumis on Thursday expressed optimism about the German tourist market, despite the ongoing challenges in the aviation sector, and the overall negative economic climate ...

The Cyprus Real Estate Agents Registration Council on Wednesday released an announcement stressing that it has intensified its efforts to combat the issue of illegal real estate brokering, resulting in 167 ...

The year 2023 marked the highest annual inflows since the establishment of the state-owned asset management company Kedipes in 2018, according to statements made on Tuesday by chairman Lambros Papadopoulos. As of ...

International investment company XM this week announced its active involvement in supporting education and skills development through a sponsorship agreement with ARIS (A Really Inspiring Space), allowing the company to ...

The Central Bank of Cyprus (CBC) and the Bank of Greece (BoG) on Friday signed a Memorandum of Cooperation during a ceremony held in Nicosia. The signing ceremony took place ...

Cyprus’ tourism revenue amounted to €74.3 million in December 2023, compared to €57.6m in the corresponding month of the previous year, marking an increase of 29 per cent, according to a report released ...

In a strategic collaboration with the Ministry of Energy, Commerce, and Industry, the Cyprus Chamber of Commerce and Industry (Keve) is set to host a presentation on a funding scheme ...

OPAP Cyprus on Tuesday launched its 2024 social initiatives with a focus on health, a key priority for the organisation. Chief Commercial Officer Alexandros Davos announced the renewed adoption of two ...

Small and Medium-sized Enterprises (SMEs) and start-ups often grapple with a significant hurdle to their growth – the limited availability of finance. In a bid to address this challenge, the Cyprus ...

Here are the top business stories in Cyprus from the week starting February 19: On Monday, the Bank of Cyprus unveiled its financial results for the fiscal year ending December 31, 2023, which ...