Cyprus Business News

The Finance Ministry is contemplating a return to financial markets in the near future, aiming to capitalise on the Cypriot economy’s positive momentum, which has been further reinforced by ...

Here are the top business stories in Cyprus from the week starting June 10: President of the Famagusta Hoteliers Association (Pasyxe), Panayiotis Constantinou, remains cautiously optimistic about the future of tourist ...

The occupancy rate of the aircraft arriving in Cyprus last month reached around 85 per cent and is on the rise as peak season approaches, Hermes Airports said on Friday. Director ...

The number of job vacancies in Cyprus rose by 7.3 per cent on an annual basis in the first quarter of the year, with the increase accelerating to 9.9 per cent compared ...

Invest Cyprus, the agency tasked with promoting investments in Cyprus, on Friday announced that it has successfully concluded a three-day programme titled ‘The Marketing and Partnerships Academy’, which was held ...

The East Mediterranean Gas Forum (EMGF), based in Cairo, has announced a recruitment process for two vacant positions, according to an announcement by Cyprus’ Ministry of Energy, Commerce, and Industry. ...

In celebrating Cyprus’ maritime heritage and the bonds forged between education and shipping, the Ship Adoption training programme for the 2023-2024 academic year came to a ceremonious conclusion this week ...

Over the past five years, 275,000 individuals participated in 30,500 training programmes by the Human Resource Development Authority of Cyprus (Anad), with a total expenditure of €102.3 million, according to chairman Demetris Kittenis. ...

Deputy Minister of Tourism Kostas Koumis this week confirmed that there have been no flight cancellations to Cyprus due to the recent fires that ravaged parts of the island, which ...

State-owned asset management company Kedipes on Thursday announced cash inflows of €144 million for the first quarter of 2024, with the company also making a record payment of €140 million to the state, ...

Deputy Minister of Tourism Kostas Koumis on Thursday said that the strengthening of diplomatic relations between Cyprus and Jordan is helping to significantly lift the island’s tourism sector. In ...

The demand for loans in Cyprus saw a further decline in the first quarter of 2024, with banks attributing this decrease to high interest rates, according to a report released on ...

State-owned asset management company Kedipes on Thursday announced cash inflows of €144 million for the first quarter of 2024, with the company also making a record payment of €140 million to the state, ...

PwC Cyprus announced on Thursday that nearly two-thirds (63 per cent) of companies report a very high or extremely high level of confidence in their readiness to comply with the forthcoming ...

The Cyprus Securities and Exchange Commission (CySEC) and the Department of Accounting and Finance at the University of Cyprus (UCY) on Thursday jointly launched an educational initiative aimed at enhancing ...

European low-cost airline Wizz Air on Thursday announced an increase in flight schedules from its bases in Larnaca, Cluj, and Varna. According to the airline’s announcement, this expansion is ...

Panagiotis Polydoros, Country Manager of Mastercard for Greece, Cyprus, and Malta, used a press conference held this week in Nicosia to underscore Mastercard’s confidence in Cyprus and its vision ...

Professional associations, who are members of the Cyprus Federation of Employers and Industrialists (Oev), this week met with the newly elected president of the European Committee for Electrotechnical Standardisation (CENELEC), ...

In the exacting field of life sciences, where precision is paramount, Efevre Tech emerges as a leader in innovation. The brainchild of Dimitris Kyriakou, a seasoned molecular biologist with a ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Wednesday opposed the imposition of a windfall tax, emphasising that such a tax would harm the economy by disrupting the necessary ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Wednesday opposed the imposition of a windfall tax, emphasising that such a tax would harm the economy by disrupting the necessary ...

The Office of the Commissioner for State Aid Control has advocated that Cyprus’ energy isolation and high energy costs, combined with other unique challenges related to the island’s energy ...

The Cyprus Chamber of Commerce and Industry (Keve), in conjunction with the Cyprus-Israel Business Association and the Embassy of Israel, has released a public invitation to a presentation on advanced ...

Eurobank Cyprus on Wednesday announced that it will soon proceed with the culmination of an initiative to support and reward its up-to-date mortgage customers by reducing the final interest rate ...