Souzana Psara

Limassol businesses are finding it increasingly difficult to operate as labour shortages, administrative bottlenecks and mounting payment delays begin to reinforce one another, according to the Limassol Chamber of Commerce ...

Cyprus’ Commission for the Protection of Competition (CPC) has unanimously approved, subject to binding conditions, the acquisition of ExxonMobil Cyprus Limited by Petrolina (Holdings) Public Limited through Med Energywise Ltd, ...

Electricity tariffs remain a growing concern across Europe, with the European Commission now outlining seven targeted actions aimed at easing costs for households and businesses while strengthening the competitiveness of ...

Cyprus needs stronger coordination and closer, continuous monitoring of public projects to avoid delays and cost overruns by 2028, Fiscal Council president Michalis Persianis has warned, pointing to structural weaknesses in ...

The dry bulk freight market in 2025 delivered steadier, more restrained performance rather than the sharp peaks seen in previous cycles, reflecting a year of moderation rather than exuberance. Average daily ...

Research and innovation are now central to Cyprus’ economic model, with the country’s ecosystem markedly strengthened over the past two years, according to the Chief Scientist and chairman of ...

Cyprus needs stronger coordination and closer, continuous monitoring of public projects to avoid delays and cost overruns by 2028, Fiscal Council president Michalis Persianis has warned, pointing to structural weaknesses in ...

Deputy Minister of Tourism Kostas Koumis and Nicosia mayor Charalambos Prountzos met at the premises of the Nicosia municipality to discuss an action plan aimed at promoting the capital as ...

The Alfa Reisen travel agent network recently held a tourism conference in Cyprus, drawing strong participation from the German tourism industry and reinforcing the island’s efforts to deepen its ...

Lordos Hotels expects an improvement in its financial performance in 2025 compared with the previous year, according to the Cyprus stock exchange (CSE) announcement on Thursday. The group reported profit attributable ...

It is with great sadness that the Schulte Group announced the death of Hamburg shipowner and entrepreneur Heinrich Schulte, its long-standing chairman and shareholder, who died this week in Hamburg, ...

Final decisions on two proposed shopping centre developments in eastern Limassol are expected to be taken early in the new year, once the Council for Deviation Studies (SYMEPA) completes its ...

The Bank of Cyprus (BoC) has signed a strategic partnership with Avenga for the co-development of a new digital platform leveraging Agentic AI and the full suite of Microsoft Azure ...

Inflation in Cyprus remained low in November, with the Harmonised Index of Consumer Prices rising by just 0.1 per cent year-on-year, according to data released by the Statistical Service (Cystat) on ...

Mikki Koskinen from Finland has been elected the next president of the European Community Shipowners’ Associations (ECSA). His term will start on January 1, 2026, and will last for two years. Nikolas ...

Cyprus has moved to streamline the way businesses interact with the state through the operation of a new Business Support Centre (BSC), a one-stop shop designed to serve both local ...

The Bank of Cyprus (BoC) has signed a strategic partnership with Avenga for the co-development of a new digital platform leveraging Agentic AI and the full suite of Microsoft Azure ...

Cyprus’ shipping community has increasingly been drawn into global efforts to tackle harassment at sea, as the island’s maritime cluster aligns with international campaigns, regulatory changes and growing expectations ...

The Cyprus Chamber of Commerce and Industry (Keve) on Tuesday welcomed the signing of a new strategic agreement between Cyprus and France. In its announcement, the chamber said that the ...

Cyprus has renewed its collective agreement covering seafarers employed on Cyprus-flagged ships, with employers and unions signing a new three-year deal that aligns local maritime labour standards with international frameworks. ...

Cyprus stepped onto one of the world’s largest maritime stages this month, making its debut with a national pavilion at MARINTEC China 2025, as the government stepped up efforts to ...

I went to Andreas Vrontis’ studio in Limassol for an interview, but it didn’t really feel like one. I was expecting the typical quiet, intense artist, maybe a bit ...

Hourly labour costs in Cyprus rose by 3.5 per cent in the third quarter of 2025, compared with the corresponding quarter of the previous year, according to provisional data released by the ...

Cypriots made more than 237,000 trips abroad for business purposes in 2024, while Cyprus itself recorded close to 279,000 business-related arrivals by foreign visitors over the same period, according to the Cyprus Statistical ...