Souzana Psara

Food prices in Cyprus are once again rising faster than wider inflation, adding fresh pressure to household purchasing power, according to a report by Trojan Economics, a Cyprus-based firm specialising ...

Global air cargo demand rose 6 per cent year-on-year in May, supported by stronger trade and manufacturing activity, although disruption linked to the war in the Middle East continued to weigh ...

AI is no longer simply a productivity tool, but is becoming one of the most important sources of operating leverage for companies that know how to use it, according to ...

The European Union will begin charging a fixed €3 customs duty on small parcels imported from outside the bloc from Wednesday, July 1, in a move aimed at curbing the surge in ...

Hotelier’s association Pasyxe will hold its annual general meeting in Nicosia on Tuesday, July 7, marking both the election of a new leadership and the association’s 90th anniversary. The ...

Global shipping will need almost 114,000 additional officers by 2030, as demand for qualified seafarers continues to outpace supply across the world merchant fleet, according to the new Seafarer Workforce Report 2026.  The ...

Cyprus used its six-month Presidency of the Council of the EU to push forward key European files on digital policy, artificial intelligence, research and innovation, Deputy Minister Nicodemos Damianou said, ...

EU ministers have adopted the bloc’s first Council conclusions dedicated specifically to housing, in what Cyprus described as a new step towards closer European cooperation on one of the ...

Cyprus’ young robotics team Robotheadz is preparing to represent the island in Australia, after winning the national FIRST LEGO League competition with a project linking technology and cultural heritage. The ...

Cyprus recorded 63 occupations with labour shortages and 11 with labour surpluses in 2024, according to the EURES Labour Shortages and Surpluses Report 2025, which persistent gaps across the technology, tourism and healthcare sectors. ...

Fresh fighting in the Middle East has slowed the return of shipping through the Strait of Hormuz to normal levels, keeping war-risk premiums elevated and delaying the full recovery of ...

The European Union is moving to create a new financing framework that could channel public and private money into cleaner ships, smarter ports and maritime technology, as Brussels seeks to ...

Cyprus’ Industrial Production Index rose by 1.4 per cent in April 2026, reaching 113.4 units, according to figures released by the statistical service (Cystat). For the first four months of the year, the ...

Cyprus’ tourism revenue fell by 35.1 per cent year-on-year in April 2026, reaching €197.5 million, according to a report from the statistical service (Cystat).  This compares with €304.2m in April 2025, marking another weak ...

Strengthening the competitiveness of the Cyprus flag and the wider maritime sector remains a key priority for the government, according to Shipping Deputy Minister Marina Hadjimanolis, during a time when ...

Hotel occupancy in Paphos has fallen sharply compared with last year, with the city and district seeing rates around 20 per cent lower than the corresponding period of 2025, according to hoteliers ...

Interior Minister Constantinos Ioannou is in Luxembourg today to chair a meeting of the Employment, Social Policy, Health and Consumer Affairs Council (EPSCO) in its housing configuration, as part of ...

The Cyprus Marine Club drew its largest audience to date, welcoming around 200 members and guests to a landmark gathering that brought together the island’s maritime community for an evening ...

Here are the top business stories in Cyprus from the week starting June 22: Cyprus’ hotel industry is looking to last-minute bookings to soften the impact of a difficult start to ...

Construction material producer Kythreotis Holdings has warned that its results for the first half of 2026 are expected to be significantly lower than those recorded in the same period last year, ...

SquareOne has launched Zoia, a 147-apartment residential project in Kato Polemidia, placing its bet on one of Limassol’s most rapidly changing pockets, where an old military site is being ...

Logicom Public Ltd shareholders have approved the payment of a €0.10 dividend per share during the company’s annual general meeting. The dividend, corresponding to 29.4 per cent of the nominal value ...

Artificial intelligence can write code, create images and suggest solutions, but it cannot dream or replace human judgement, Deputy Minister of Research, Innovation and Digital Policy Nicodemos Damianou told University ...

Andreas Christoforou has been re-elected to the YoungShip International Board and appointed Regional Representative for Southern Europe, in a move that strengthens Cyprus’ presence within the global network for young ...