Souzana Psara

Greek retail chain Jumbo Group this week reported a significant increase in store sales across Cyprus and Greece for April 2025, continuing the upward trend seen earlier this year. Specifically, sales ...

Cyprus is doubling down on its commitment to a greener, more competitive maritime sector, with a renewed push to enhance the Cyprus flag’s standing on the international stage, Shipping ...

Real estate sales in Cyprus rose by 12 per cent in the first four months of 2025 compared with the same period last year. In addition, figures for the month of April ...

Applications are now open for the 2025 the 8th annual ‘Young Entrepreneurship Awards’, organised by Cyprus Chamber of Commerce and Industry (Keve)  announced. The chamber also noted that the event will ...

Credit rating agency Moody’s on Tuesday upgraded the long-term deposit ratings of the Bank of Cyprus to A3 from Baa1, reflecting continued strengthening of the bank’s financial position. ...

Cyprus recorded over 1.15 million passengers at its two airports in April 2025, crossing the one million threshold for the first time in a single month, the Transport Ministry said on Tuesday. ...

Commissioner for Gender Equality Josie Christodoulou said this week that substantial equality between men and women in all areas of work is not only fair, but also necessary. During a ...

Limassol businesses are still grappling with staffing shortages, rising costs and red tape, according to the latest business barometer published this week by the Limassol Chamber of Commerce and Industry (...

Work on the second phase of development at Larnaca and Paphos airports is officially underway, with the projects expected to boost the combined annual capacity of the two hubs to ...

Cyprus’ banking sector has undergone a profound transformation since the 2013 financial crisis, marked by sweeping consolidation, branch closures, and a rapid shift towards digital banking. Since 2013, several key players have ...

The Research and Innovation Foundation (RIF) has appointed Theodoros Loukaidis as its director general for a second five-year term, following an open selection process, the board of directors announced on ...

Limassol businesses are still grappling with staffing shortages, rising costs and red tape, according to the latest business barometer published this week by the Limassol Chamber of Commerce and Industry (...

Nearly 40 per cent of Cypriots see opportunities to start a business, a new national report by the University of Cyprus has found. The 2023–2024 Entrepreneurship Report also revealed that 60.5 per cent ...

The Deputy Ministry of Tourism reminded property owners that anyone operating short-term rentals without a registration permit is committing an offence and, if convicted, faces a fine of up to €5,000 ...

Tourism revenues in Cyprus reached €79.7 million in February 2025, marking an increase of 22.4 per cent compared with the same month last year (€65.1 million), according to an announcement issued by the statistical ...

Cyprus is playing a central role in shaping Europe’s future tax landscape, with MEP Michalis Hadjipantela being appointed rapporteur of a key European Parliament report aimed at simplifying tax ...

Foreign investors have officially notified Cypriot authorities this week of plans to establish a new coastal ferry link between Cyprus and Lebanon, according to the announcement. The proposal, confirmed by ...

Nuclear energy continues to play a critical role in the European Union’s energy mix, covering approximately 22.8 per cent of total electricity generation, according to former chairman of the Cyprus ...

TechIsland, Cyprus’ largest tech association, will host the fifth edition of its flagship event, the TechIsland Summit 2025, according to an announcement released on Monday. The annual full-day conference will take ...

Artificial Intelligence is no longer a distant concept but a powerful reality shaping every sector of the global economy, including shipping, according to Christina Orphanidou, director of AI and data ...

Here are the top business stories in Cyprus from the week starting April 21: Workplace equality, support for vulnerable groups, and social enterprises are becoming key priorities under ESG’s social ...

As global aviation sails past its pre-pandemic levels, with over 5.2 billion passengers expected to fly by the end of 2025, the industry’s climate pledges are fast being grounded by reality. ...

A global greenhouse gas pricing mechanism, approved at MEPC 83 this week, marks a turning point for international shipping. For the first time, emissions will come at a cost, starting at $100 ...

Larnaca has been ranked the number one European destination for baby boomers, according to a new survey released this week by global travel operator TUI. In addition, two Greek islands ...