Souzana Psara

Five cruise ships stranded in Gulf ports since the outbreak of the Iran conflict have now cleared the Strait of Hormuz, taking advantage of a brief reopening of the waterway ...

Finding a home at a reasonable price in Cyprus is becoming increasingly difficult, with rents continuing to absorb a growing share of household income, especially for low-income earners. According to ...

Cyprus was among the countries that posted solid gains in real minimum wages in 2026, even as inflation continued to erode purchasing power across much of Europe, according to an analysis ...

Cyprus tourism is showing the first signs of recovery after the geopolitical crisis battered bookings and fuelled misleading impressions abroad that the island was directly involved in the war, with ...

The Bank of Cyprus (BoC) was named ‘Best Private Bank Cyprus 2026’ in the Global Banking & Finance Awards, organised by Global Banking & Finance Review, in recognition of its standing ...

The Cyprus Ports Authority (CPA) has launched a tender for the granting of a licence to use and operate premises at the Old Port of Limassol, with an estimated value ...

Here are the top business stories in Cyprus from the week starting April 14: Cyprus remains the top global location for hiring in the online trading sector during the second quarter ...

Safe Bulkers has expanded its board to 11 members from nine, appointing Jeffrey Bunzel and Vasilis Hajioannou with immediate effect, as the New York-listed dry bulk shipowner moves to strengthen both ...

EU tourism ministers gathered in Nicosia on Friday for an informal meeting under the Cyprus Presidency of the Council of the EU, with talks focusing on the bloc’s first ...

Tourist arrivals to Cyprus fell to 139,198 in March 2026, down 30.7 per cent from 200,736 in the same month last year, according to the state statistical service (Cystat). For the first three months ...

Hybrid cars made up more than half of Cyprus’ passenger saloon car market in the first quarter of 2026, tightening their lead as petrol cars continued to lose ground, while electric ...

Pressures facing the transport sector, particularly rising costs linked to the crisis in the Middle East, require a coordinated response at EU level, according to Transport Minister Alexis Vafeades. Welcoming ...

Mark O’Neil has left his role as president and chief executive of Cyprus-headquartered Columbia Group with immediate effect, according to a report by TradeWinds, with no reason given for ...

Trade Minister Michael Damianos on Thursday said that Cyprus is open for business as a stable, predictable and secure investment destination. Addressing the audience at the opening of the international ...

Transport Minister Alexis Vafeades said on Thursday that Cyprus remains committed to supporting a fair European transport policy and helping shape a strong and safe maritime policy that reflects the ...

The Cyprus real estate market eclipsed previous ceilings in 2025, with record-high transaction activity propelling the sector to an unprecedented total value of €6.5 billion, according to a report released on Thursday ...

Cyprus hosted its first Market Access Day on Thursday, bringing together businesses, trade officials and EU representatives in Limassol to emphasise the tools available to companies seeking to expand into ...

Cyprus’ tourism industry is clinging to hopes that US President Donald Trump’s assurances on ending the war in Iran will soon be borne out, giving the island at least ...

The Employers and Industrialists Federation (Oev) issued additional guidance this week on how businesses can join the special employment support scheme in the hotel sector, following the government’s announcement ...

The Paphos Chamber of Commerce and Industry (Evep) took part in a three-day meeting in Bastia, Corsica, under the Olive Oil Med Net project, in a move aimed at strengthening ...

UN Secretary-General Antonio Guterres said this week that the resumption of talks between Washington and Tehran was “highly probable”, as he urged that the ceasefire persist and warned that respect ...

Kinisis Ventures portfolio companies opened 2026 with stronger sales, product rollouts and market expansion across both KVF I and KVF II, as several startups moved from development into commercial execution during ...

Developments in the Middle East, particularly in the Persian Gulf, are adding fresh uncertainty to the global economy, with volatility making investors and businesses more hesitant to move ahead, economist ...

All newly available maritime artificial intelligence services and products will be presented at Posidonia, as the industry slowly incorporates their potential into everyday operations. Indeed, the maritime industry, traditionally measured ...