Souzana Psara

Rising construction costs and their knock-on effect on the housing shortage were at the centre of talks held in Brussels by Stephanos Pierides, secretary general of the Federation of Associations ...

The turnover value index for services and transport in Cyprus recorded mixed results in the second quarter of 2025 compared to the same period of 2024.  According to the state statistical service (...

Alkis H. Hadjikyriacos (Frou-Frou Biscuits) Public Ltd posted a slight rise in first-half profit for 2025, with net earnings reaching €2 million compared with €1.95 million in the same period last year. Turnover ...

Cyprus’ Chief Scientist Demetris Skourides has completed his first official visit to Saudi Arabia, according to a statement released this week. According to the announcement, the mission focused on strengthening ...

The Cyprus International Businesses’ Association (CIBA) on Thursday submitted its positions on the proposed tax reform bills as part of the government’s public consultation process. According to CIBA, its ...

Cyprus saw a continued rise in business activity in 2023, with the number of enterprises climbing by 4.5 per cent to 125,152 compared with 119,816 in 2022, according to the Statistical Service (Cystat). This increase ...

Total government employment in Cyprus reached 52,661 persons in August 2025, marking an increase of 209 individuals or 0.4 per cent compared with August 2024, according to the Statistical Service (Cystat).  Employment in the civil ...

Greece’s maritime employees’ pension fund, (NAT) presented its first study on ‘International good practices for the promotion of women’s maritime employment’ last week during the 89th Thessaloniki International ...

Building applications received by the Larnaca district local government organisation (EOA) increased by 53 per cent in January-July 2025 compared to the same period last year. According to the organisation’s statistics, 1,295 ...

Young entrepreneurs in Cyprus have set a new record this year for the ‘Stelios Awards for Young Entrepreneurs in Cyprus’, with 77 applications submitted, the highest number so far.   At the ...

With a vision for a fairer, more resilient, and united society, the ENA Foundation officially begins its work in Cyprus, ushering in a new era of social contribution and tangible ...

The Labour Ministry recently launched a €4 million scheme to encourage employers in Cyprus to hire inactive women through flexible employment arrangements. The plan, approved by cabinet September 3 and co-funded by ...

Here are the top business stories in Cyprus from the week starting September 1: Chief Scientist Demetris Skourides recently carried out an introductory visit to the SOZO Brain Center in Cyprus, ...

Employment in Cyprus rose by 1.8 per cent in the second quarter of 2025 compared to the same period in 2024.  According to provisional estimates released by the Statistical Service (Cystat) on Friday, ...

Cyview is moving forward with yet another major step in land and real estate development, dynamically expanding its activity in the wider Nicosia area. According to the statement, the company ...

Cyprus’ Shipping Deputy Minister Marina Hadjimanolis paid an official visit to Jeddah on September 3 and 4, at the invitation of Saudi Arabia’s Minister of Transport and Supply Chain, Saleh bin ...

The Cyprus Development Bank (CDB bank) on Thursday issued a clarification regarding media reports suggesting that the company may be the subject of an acquisition. “There is nothing specific to ...

Etek, Cyprus’ scientific and technical chamber is implementing its participatory budget for a fifth consecutive year, allocating €100,000 in the 2025 budget to fund projects and actions proposed by its members. Each ...

Non-profit organisation TechIsland on Thursday announced that it has distributed 615 air purifiers to households in wildfire-hit villages in Cyprus, as part of the collective programme announced in July in response ...

Greek retailer Jumbo posted an 8 per cent year-on-year increase in sales for the January–August 2025 period, as August maintained the group’s upward across all markets despite inflationary pressures, higher ...

Cyprus is on track to surpass last year’s record tourism revenues and arrivals, after posting the strongest growth among its Euro-Mediterranean peers in the first half of 2025. The statistical ...

Nicosia is pressing ahead with two major projects, the future of the old state fair grounds and the Sopaz redevelopment. According to a report from Philenews, the municipality is treating ...

The Cypriot government has approved an additional €12 million for an affordable housing project in Strovolos, the Interior Ministry said this week. The scheme, to be carried out by the Cyprus ...

Bank employees’ union Etyk has issued a circular addressing growing speculation surrounding a potential takeover of the Cyprus Development Bank (CDB bank), stressing that it is monitoring developments closely. Etyk ...