Souzana Psara

MHA, a professional services provider of audit, tax, accountancy and advisory services, has completed the acquisition of Baker Tilly South-East Europe (BTSEE) in a deal valued at up to €24 million, ...

Maritime company Safe Bulkers Inc., led by Cypriot shipowner Polys Hajioannou, listed on the New York Stock Exchange, has agreed to sell the MV Pedhoulas Merchant, with a Cypriot flag, ...

Headquartered in Cyprus, Nexters is best known for Hero Wars, the popular RPG launched in 2016 that has enjoyed steady growth and a remarkable run in the charts. Since 2019, the title ...

The European Banking Authority (EBA) this week reported that the EU and EEA banking sector remained robust in the first quarter of 2025, despite higher costs of risk. Publishing its quarterly ...

Cyprus hotels will be at their busiest from the following weekend until August 18, with occupancy rates between 90 and 95 per cent, according to Thanos Michaelides, president of the hoteliers association (Pasyxe). ...

The Chief Scientist, Demetris Skourides has launched a new podcast series aimed at putting people, purpose and innovation at the heart of the artificial intelligence (AI) debate. Fearless Future, produced ...

Limassol-based BrainRocket is expected to relocate the majority of its operations to Spain, moving almost 1,000 employees, according to both Cypriot daily Politis and information received by the Cyprus Mail. The ...

The Cyprus Stock Exchange (CSE) Council on Monday expressed “deep concern and disappointment” over what it deems to be “the exclusion of meaningful incentives for the capital market” in the ...

The highest construction costs in Cyprus’ private sector last year were recorded in hotels, followed by clinics and medical offices, with tourist apartments in third place, according to the Cyprus ...

Cyprus is losing millions in unpaid taxes after thousands of cases fell outside the legal deadline for assessment, the audit service has warned. In its latest report on the tax ...

VAT revenues from the EU’s e-commerce systems brought €257.9 million into Cyprus’ coffers in 2024, according to tax commissioner Sotiris Markides. Through the One Stop Shop (OSS) and Import One Stop ...

The Bank of Cyprus is doubling down on its innovation drive this October, launching its sixth fintech hackathon while also joining TechIsland’s donor network to help strengthen the island’...

The International Maritime Organisation’s (IMO) Maritime Safety Committee (MSC) has called for a comprehensive overhaul of the International Safety Management (ISM) Code, warning that the rules no longer reflect ...

Here are the top business stories in Cyprus from the week starting August 4: Cyprus recorded the lowest annual inflation rate among eurozone countries in July 2025, with consumer prices rising by ...

Star Bulk Carriers, with ship management offices in Limassol, Cyprus, has reported its 20th consecutive profitable quarter, posting second-quarter 2025 net income of US$0.04 million, EBITDA of US$55.9 million and a ...

Ship management firm Columbia is calling for urgent reforms in Greece’s maritime education to address a shortage of qualified seafarers. The company, headquartered in Limassol but with 33 management offices ...

The Association of Cyprus Banks and the Union of Arab Banks have agreed to set up a new platform to strengthen cooperation between the two banking systems, following the signing ...

Cyprus recorded an increase in motor vehicle registrations in July 2025, with total registrations rising by 13.7 per cent to 5,246, compared with 4,614 in July 2024, according to data from the Statistical Service (Cystat) ...

The Cyprus statistical service (Cystat) on Friday reported a 13.8 per cent drop in the number of building permits issued in April, when compared with the same month last year.  According ...

The Deputy Shipping Ministry on Friday issued a statement summarising Deputy Minister Marina Hadjimanolis’ participation at the 3rd UN Conference on Landlocked Developing Countries (LLDC3). The conference, held in Awaza, ...

Paphos is facing the same problems as Cyprus’ wider tourism sector, including seasonality, infrastructure gaps and water shortages, according to Nasos Hadjigeorgiou, executive director of the Paphos regional tourism board (...

The Cyprus Stock Exchange (CSE) on Thursday announced the listing of additional shares for Bank of Cyprus Holdings Public Limited Company Plc on its Main Market. According to the CSE, ...

Cyprus’ Harmonised Index of Consumer Prices (HICP) fell by 0.9 per cent year-on-year in July 2025, according to data released by the statistical service (Cystat) on Thursday. Compared with the previous month, ...

Cyprus airports reached an all-time record in July, with a total of 1,653,880 passengers passing through Larnaca and Paphos airports, surpassing even last year’s August peak, according to Hermes Airports. ...