Souzana Psara

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. ...

Greek retail group Jumbo reported a 9 per cent year-on-year increase in sales in July 2025 across all markets, with Cyprus and Greece driving growth. Over the first seven months of the ...

Limassol continued to dominate Cyprus’ high-end property market in the first half of 2025, accounting for six of the ten most expensive transactions nationwide, with a combined value of €105.7 million, according ...

Global catering management provider MCTC, with offices in Cyprus, Greece, and Saudi Arabia, among other places, has launched two new tools aimed at enhancing nutritional oversight and environmental transparency onboard ...

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. ...

In just four years, TechIsland has firmly established itself as a driving force behind Cyprus’ transformation into a regional technology hub. Since its launch in 2021, the organisation has been working ...

The Bank of Cyprus on Tuesday released its results for the second quarter, reporting post-tax profits of €118 million, maintaining the same level as the previous quarter. For the first half ...

The number of registered unemployed persons in Cyprus stood at 11,088 at the end of July 2025, according to data released on Tuesday by the Statistical Service (Cystat).  On a seasonally adjusted ...

It’s not every day you meet someone blending neuroscience, AI, and empathy into a tool designed to change women’s lives, not just their routines. That’s the calm, ...

At SPORTSOFT, speed isn’t just a nice-to-have.  It’s a necessity.  In just a few years, the Cyprus-based tech company has grown into a strategic partner for organisations navigating ...

The Cyprus Investment Funds Association (CIFA) on Tuesday issued a statement welcoming the latest data published by the Cyprus Securities and Exchange Commission (CySEC), which reflect the sustained momentum of ...

Passenger traffic at Cyprus’ airports is expected to hit a new record this August, as Hermes Airports braces for the summer peak and urges travellers to arrive early and plan ...

Non-profit organisation Cyprus Seeds has announced that it recently hosted a high-profile technology transfer event. The event, held in collaboration with the EU-funded DiGiNN initiative, aimed at strengthening Cyprus’ innovation ...

Cyprus recorded a general government budget surplus of €557.6 million (1.6 per cent of GDP) in the period from January to June 2025, according to preliminary figures released by the state statistical service ...