Souzana Psara

The adoption of generative AI in workplaces has surged worldwide, reaching 75 per cent in 2024, according to EY’s latest global survey. This represents a significant jump from 22 per cent in 2023, ...

Cyprus’ economic climate strengthened in October, driven by a boost in the services sector, according to the University of Cyprus’ Economics Research Centre (CypERC). The centre also reported that economic ...

International trade in electric and hybrid vehicles between the EU and third countries has surged, with Eurostat data revealing that electric and hybrid cars represented 43 per cent of EU car ...

Lieutenant General Osama Rabie, head of the Suez Canal Authority, met Cyprus’ Deputy Shipping Minister, Marina Hadjimanolis, in Ismailia on Tuesday to discuss collaboration on sustainable maritime practices and the ...

The Energy Ministry announced on Wednesday that it led Cyprus’ presence at GITEX Global 2024 in Dubai. Cyprus’ participation at the event, the ministry explained, showcased the country’s advancements in ...

Cyprus tourism saw a solid October with rising hotel occupancy, president of the Cyprus Hoteliers Association (Pasyxe) Thanos Michaelides said on Wednesday. In addition, Michaelides said that November bookings are ...

Empowering businesses in Cyprus with the latest digital marketing trends is no small task, but as the digital landscape evolves, it has become essential for businesses aiming to stay ahead ...

PwC Cyprus celebrated the achievements of its top-performing trainee accountants in the recent ACCA exams at a ceremony on October 23, 2024, at the PwC Experience Centre.  Attended by CEO Philippos Soseilos ...

Limassol led Cyprus’ high-value real estate market in September, driving €29.8 million in top property sales, according to real estate analytics firm Ask Wire. The district accounted for six of the ...

Cyprus Deputy Shipping Minister Marina Hadjimanolis is in Egypt to strengthen maritime cooperation between the two countries. Invited by Egypt’s Minister of Transport, the Cypriot minister will engage in ...

With the EU’s FuelEU Maritime regulation set to take effect in January 2025, Cyprus and Europe’s shipping sector face stringent emissions oversight, aiming to push the industry toward net ...

Financial support and advisory services are essential for Cyprus’ small and medium-sized enterprises (SMEs) to enhance resource efficiency, according to a Eurobarometer survey. The survey, published by the European Commission, ...

Cyprus recorded a 9.83 per cent enterprise birth rate and a 5.8 per cent business closure rate, positioning it moderately among EU countries for business growth and stability, according to a Eurostat ...

Former European Central Bank President Mario Draghi has issued a stark warning that Europe’s competitiveness is slipping amid intensifying economic challenges. In a recent report, Draghi called for urgent ...

Here are the top business stories in Cyprus from the week starting October 21: A significant share of Cypriot wealth continues to languish in low-interest bank deposits, despite alternative investment options, ...

The Cyprus Consumer Protection Service on Friday reported that inflation in September rose by 0.7 per cent year-on-year. Agricultural products saw a month-on-month increase of 3.1 per cent, while a 4.78 per cent ...

Greece’s BBB- economy is set on a positive path, with public debt reduction, banking resilience, and structural reforms driving a forecasted debt-to-GDP decline, according to German-based Scope Ratings. In ...

Cyprus introduced its first zero-emission vessel, Evploia Aphrodite, at Larnaca Marina this week, with the support of Deputy Shipping Minister Marina Hadjimanolis. Evploia Aphrodite, developed by the Cyprus Marine and ...

Ayia Napa Mayor Christos Zannettou on Thursday said that strengthening relations with Polish tourism stakeholders has become a key focus for the Famagusta Regional Tourism Board (Etap). Zannettou’s remarks ...

The Central Bank of Cyprus (CBC) released its latest financial stability report this week, highlighting how banks and insurance companies are shaping their investment strategies in different ways. The report, ...

Invest Cyprus recently hosted a roundtable discussion with Indian business leaders to promote bilateral relations and provide aftercare services to support post-investment activities. The event was held in collaboration with ...

TechIsland, the largest tech association in Cyprus, on Wednesday announced PwC Cyprus as the latest addition to its esteemed group of donors. “This partnership underscores a shared vision of fostering ...

The Paphos Regional Tourism Board (Etap) on Wednesday announced that up to €25,000 in funding is available for small and medium-sized enterprises (SMEs). The funding is being made available in the ...

Cyprus needs bold solutions to address its housing crisis, according to Yiannis Misirlis, president of the Cyprus Land and Building Developers Association (LBDA). Speaking at a conference titled “Housing Policy: ...