#CyprusBusinessNow

The Deputy Ministry of Shipping will participate in the ‘Sea Japan’ international shipping exhibition in Tokyo, from April 10 to 12. In an announcement, it stated that ‘Sea Japan’, an international maritime ...

The profitability of the Cyprus banking sector remarkably spiked by an annual 644 per cent in 2023, reaching €1.27 billion. This significant increase was fueled by the high-interest environment, according to data released ...

Intership Navigation will be investing in digital ship management solutions following a management buyout which led to a strategic partnership with MariApps Marine Solutions Through this partnership, Limassol-based Internship, which ...

The enrichment of Cyprus’ economic model is of vital importance, said the finance minister, Makis Keravnos, stressing that “the bet is to maintain the investment level” which was objective of ...

The Cyprus Statistical Service (Cystat) on Tuesday released a report showing the total imports and exports of goods in January-February 2024. In February the import was €841.1 million, representing an increase of 9.2 ...

The Cyprus Statistical Service (Cystat) has released a report ‘Registration of Motor Vehicles’ for January-March 2024, highlighting a market where electric and hybrid cars, along with motor coaches, buses, and cargo-carrying ...

Minister of Agriculture, Maria Panayiotou, praised the economic value of the wine industry and revealed plans for global promotion through international events and financial support. She highlighted the government’s ...

Minister of Agriculture, Maria Panayiotou praised the economic value of the wine industry and revealed plans for global promotion through international events and financial support. “The determination of the government ...

The fiscal surplus of the General Government significantly exceeded half a billion in the first two months of this year, demonstrating an increase of 34 per cent annually and reaching 1.7 per ...

Here are the top business stories in Cyprus from the week starting April 1: In a notable development in Cyprus, two brothers, George Geratziotis and Dr. Alexandros Geratziotis, have spearheaded an ...

In a bid to enhance sustainable development practices, banking and financial institutions are gearing up to introduce a groundbreaking tool for assessing companies’ compliance with Environmental, Social, and Governance (ESG) ...

Cyprus witnessed a notable increase in total new loans in February 2024, reaching €575.5 million, compared to €462.7 million in the previous month, according to a report released on Friday. This surge is ...

More than €8 billion of major developments have been planned to be carried out in Cyprus, the Association of Large Investment Projects’ chairman Andreas Demetriades said on Thursday. Demetriades was speaking ...

BBF is widely recognised as a leader among the top three development companies in Cyprus, specialising in high-end residential and commercial developments. Headquartered in Limassol, Cyprus, with additional branches in ...

Beneficiaries in the mortgage-to-rent scheme are being extended to further aid the financially vulnerable, cabinet decided on Wednesday. Announcing the decision, Finance Minister Makis Keravnos said the move aims to “...

The Neocleous Tower, an office building located in the centre of Limassol, will set new standards for environment-focused, commercial real estate in Cyprus. ‘Our idea to develop a ‘green’ sustainable ...

“At Freedom Finance Europe, we’re not just driven by ESG principles; we’re motivated by a profound respect for Cyprus and its people. Our commitment to promoting Cyprus’ sports, ...

Serious concerns were raised on Tuesday over whether the company assigned to take on the expansion and restoration of Larnaca port will be able to complete the works. The company, ...

XM, a multi-regulated global broker in Europe and globally, prioritises impact by continuously giving back to the community In today’s world, Environmental, Social, and Governance (ESG) strategies are crucial ...

By Nicolas Christodoulides, Senior ESG Analyst BOC is focusing its efforts on fighting climate change, which is the biggest challenge that humanity faces Stainability is often defined as meeting the ...

A multilayered matrix of goals and actions gives Hellenic Bank the lead in ESG strategy Committed as it is to promoting environmental sustainability and social resilience, Hellenic Bank has taken ...

Our commitment is our adherence to the UN’s Principles of Responsible Banking, a unique framework for sustainable banking developed through a collaboration between banks worldwide and the United Nations ...

Here are the top business stories in Cyprus from the week starting March 25: The European Commission recently released a report highlighting Cyprus’ economy as on a positive trajectory, forecasting growth ...

The fleet of vessels registered under the Cypriot flag has seen a significant increase of approximately 5.5 per cent, equivalent to about 1.1 million tonnes, over the past six months, according to ...