Souzana Psara

Cyprus is recording one of the strongest growth rates in Europe, driven by the resilience and initiatives of its business community, according to Energy Minister George Papanastasiou. Addressing the annual ...

Cruise ship arrivals at Limassol port have dropped sharply, with 2024 bookings falling from 200 to just 90 due to the conflict in Israel and instability in the Eastern Mediterranean. To address the ...

Cyprus property investors are enjoying better returns from rental income than bank deposits, with yields of up to 6 per cent far outpacing the modest 1.98 per cent average return on household ...

Here are the top business stories in Cyprus from the week starting November 11: Two in three Cypriots place a high priority on adapting to climate change, according to the European ...

Fintech and trading platform Capital.com on Friday announced that it has introduced a regional leadership model to bolster growth and innovation in its regulated markets. According to the announcement, ...

Aegean Airlines on Friday posted €1.38 billion in revenue for the first nine months of 2024, according to an official announcement. Increased passenger numbers and strategic investments supported this performance, though external ...

AstroBank has appointed Natasa Pilides, former Minister of Energy, Commerce, and Industry, as an independent member of its board of directors. According to an announcement released on Friday, the appointment ...

EMBIO Diagnostics, a Cypriot startup based in Nicosia and specialising in rapid diagnostic technologies for food safety and air quality, has secured €2.5 million in funding to drive international growth and ...

Cyprus aims to build closer ties with Bahrain in aviation, security, and crisis management by making its first appearance at the Bahrain International Airshow 2024. This new chapter in bilateral relations ...

Cyprus’ economy grew steadily in the third quarter of 2024, with GDP rising by 3.9 per cent year-on-year, according to a flash estimate released on Thursday by the state’s statistical service. ...

The Research and Innovation Foundation (RIF) has announced a new funding cycle under its PhD in Industry programme. According to an official announcement released on Thursday, the new programme will ...

Salamis Tours shares soared on the Cyprus Stock Exchange (CSE) on Wednesday after its main shareholder, E.V.H. Investments, announced a mandatory public offer to acquire up to 100 per ...

Diners in Cyprus are paying more but often getting less when visiting restaurants, according to a survey conducted by the Cyprus Consumers Association. The association, which conducted the survey with ...

“Cyprus has gone from zero to over 330 licensed investment entities managing €9 billion in assets in just a decade,” according to Maria Panayiotou, president of the Cyprus Investment Fund Association (CIFA). ...

Cyprus is gaining momentum as a filming destination, supported by strategic efforts from Invest Cyprus to draw high-profile productions to the island. According to the investment promotion agency, the are 13 ...

Cyprus’ trade deficit narrowed to €5.6 billion for the first nine months of 2024, down from €6.78 billion in the same period of 2023, according to a report from the Cyprus Statistical Service (Cystat). ...

There is a disconnect between the perceived and actual cyber readiness among global enterprises, according to a survey by IT services firm Kyndryl. The survey, titled ‘Cyber Gauge 2024: Navigating the ...

Here are the top business stories in Cyprus from the week starting November 4: Cyprus and Egypt are set to deepen maritime collaboration through a joint commission established during Deputy Shipping ...

The International Propeller Club of the United States has recognised Cyprus-based shipping companies for their participation in the US Coast Guard’s Automated Mutual-Assistance Vessel Rescue (AMVER) programme. The ceremony, ...

Better regulations and improved transparency are necessary for the development of the fixed-income market, according to Societe Generale’s Elina Asimakopoulou. Asimakopoulou, who works as a senior cross asset execution ...

Inflation in Cyprus dropped to a three-year low of 0.6 per cent in October, mainly due to falling petroleum prices, according to a report from the Cyprus Statistical Service (Cystat). Still, ...

Passenger traffic at Cyprus’ Larnaca and Paphos airports increased by 7.14 per cent in October 2024 compared to October 2023, according to the Transport Ministry. The ministry said this resulted in record traffic ...

Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis on Thursday. Tannousis addressed an international audience at the 10th ...

Greek retail chain Jumbo Group reported robust sales growth for the first ten months of 2024 at its recent shareholder briefing. This was driven by strong demand in key markets and ...