Souzana Psara

The global oil and marine fuel market is moving into a more uncertain period, as tensions in the Middle East, restrictions around the Strait of Hormuz and changes in Russian ...

Famagusta is stepping up efforts to strengthen its position in key overseas tourism markets, with a major online campaign for 2026 already under way. The campaign aims to boost the region’...

Cyprus’ short-term economic momentum weakened further in April, as the Composite Leading Economic Index (CCLEI) fell for a second consecutive month, reflecting the impact of geopolitical tensions, external pressures and ...

The blue economy will be central to Europe’s prosperity and resilience in the years ahead, according to Deputy Shipping Minister Marina Hadjimanolis. Speaking at the closing session of European ...

Here are the top business stories in Cyprus from the week starting May 18: The launch of Cyprus’ competitive electricity market represents an important modernisation step, but stronger regulatory safeguards are ...

European air connectivity barely moved in 2025, with the International Air Transport Association (IATA) warning that the continent’s route network grew by just 1 per cent, underscoring the pressure facing airlines ...

The International Air Transport Association (IATA) has developed a new secure digital platform aimed at helping airlines, airports, ground handlers and technology providers modernise baggage handling, while still allowing them ...

Panama Canal traffic has risen sharply since the beginning of the year, as disruption in the Strait of Hormuz pushes more energy cargoes from the US towards Asia and Pacific ...

Google has rejected claims that it is failing to tackle fraudulent advertising on its platforms, after Cyprus and European consumer groups filed a complaint against Meta, TikTok and Google over ...

Hermes Airports CEO Eleni Kaloyirou joined business leaders at the 5th ICPAC Mediterranean Finance Summit, held on 21–22 May in Limassol, taking part in a discussion on the growing importance of ...

Cyprus must look beyond traditional ideas of resilience and treat investment funds as part of its wider economic defence, as regional instability, energy pressures and trade disruption move closer to ...

Cyprus is set to remain among the European Union’s fastest-growing economies in 2026, with unemployment expected to fall to a historic low, President Nikos Christodoulides said. Referring to the European ...

Limassol-based Island Oil (Holdings) Ltd has received the Silver Award in the Social Leader category at the ESG Shipping Awards International 2026, adding another Cyprus-linked distinction to a ceremony that brought ...

Artificial intelligence is no longer only changing the tools people use at work, but it is also reshaping what companies, universities and training centres understand by talent. Indeed, speakers at ...

Rent prices in some of the world’s most expensive neighbourhoods are continuing to climb, turning even the smallest homes into an increasingly costly luxury as the global housing crisis ...

Aleksandra Sulimko, COO of TheSoul Group, said organisations do not get stuck because they lack tools, strategies or technology, but because of how people react when uncertainty becomes uncomfortable. Speaking ...

Eurobank on Thursday opened a representative office in Mumbai, becoming the first bank from southeastern Europe to operate such a service in India. A ceremony was held to mark the ...

UNHCR, the International Maritime Organisation (IMO) and the International Chamber of Shipping (ICS) have released a revised rescue guide aimed at helping governments, shipmasters and maritime operators respond to refugees ...

Cyprus’ growing technology sector may be struggling to find skilled workers, but one of its largest untapped talent pools is already inside the system, speakers said during a panel discussion ...

Keith Witek, Chief Operating Officer of Tenstorrent, said sovereignty in the age of artificial intelligence is no longer only a political or regulatory question, but a practical question of which ...

Europe’s regulatory approach to technology came under scrutiny in Limassol this week, as policymakers and industry figures warned that the bloc risks falling further behind the United States and ...

Cyprus has moved beyond talking about becoming a technology hub, but its next challenge is harder: turning new AI infrastructure, global partnerships and university-led research into companies that can compete ...

KPMG Cyprus partner Christophoros Anayiotos said Cyprus’ technology sector has moved from the margins of the economy to one of its strongest engines of growth, contributing €5.9 billion, 16.2 per cent of ...

TechIsland chairman Valentinos Polykarpou said Cyprus’ transformation into a technology hub is no longer an aspiration but “a fact”, as he called for a broader investment in people to ensure ...