Cyprus Business News

Hellenic Bank and bank workers’ union (Etyk) clinched a deal over collective agreements on Friday, after a government-supported mediation process. Labour Minister Yiannis Panayiotou heralded the development “after a long ...

Hellenic Bank and bank workers’ union (Etyk) clinched a deal over collective agreements on Friday, after a government-supported mediation process. Labour Minister Yiannis Panayiotou heralded the development “after a long ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday announced a decision to impose fines amounting to €360,000 on the Cyprus Investment Firm (CIF) MCA Intelifunds. “The Board of CySEC reached ...

The Commonwealth and the Republic of Cyprus have taken a significant step forward by signing a three-year Memorandum of Understanding (MoU) for the establishment of a Commonwealth Blue Charter Centre ...

Deputy Minister of Research Nicodemos Damianou on Friday stated that the public can expect to see concrete progress in the digital transition within the year, referring to specific timelines for ...

The Cyprus Chamber of Commerce & Industry (Keve), in collaboration with the Ministry of Energy, Commerce, and Industry, has announced a call for proposals for the EENergy project, offering grants ...

The Cyprus Chamber of Commerce & Industry (Keve), in conjunction with the Ministry of Energy, Commerce, and Industry and the Cyprus Youth Organisation (Onek), this week announced the second call ...

Finance Minister Makis Keravnos welcomed the release of the International Monetary Fund’s (IMF) Fiscal Monitor, which expects that Cyprus’ public debt ratio will decline to the Maastricht Treaty limit (60 ...

Finance Minister Makis Keravnos welcomed the release of the International Monetary Fund’s (IMF) Fiscal Monitor, which expects that Cyprus’ public debt ratio will decline to the Maastricht Treaty limit (60 ...

The price index of construction materials in Cyprus reached 117.19 units in March, with 2021 serving as the base year with a default value of 100 units, marking a slight increase of 0.21 per ...

Developments in the Middle East are indeed worrying, however, for the time being, they do not appear to have had any significant impact on tourist arrivals in Cyprus, with the ...

The Finance Ministry, in collaboration with SIX, a financial market infrastructure company, and the Cyprus Stock Exchange (CSE), on Thursday announced the successful activation, referred to as going live, of ...

President of the association of Hotel Professionals of Cyprus (Pasydixe) Christos Angelides has called for more agility in the local tourism sector, saying that any long-term strategy remains vulnerable to ...

In the ever-evolving landscape of the tech industry, prioritising employee well-being has emerged as a strategic imperative. To address this pressing need, a local series of the Women in Tech ...

The Mediterranean Shipping Company (MSC), a global shipping giant with offices in Limassol, on Wednesday issued an update regarding the seizure of the MSC Aries in the Strait of Hormuz ...

The annual inflation rate of the Harmonised Consumer Price Index in Cyprus dropped to 1.6 per cent in March, mainly driven downward by a decrease in energy prices, according to a ...

Cyprus tourism experienced growth during the first quarter of 2024, marking a recovery after a previous period of decline, according to the Cyprus Statistical Service (Cystat), which released the relevant report ...

President of the association of Hotel Professionals of Cyprus (Pasydixe) Christos Angelides has called for more agility in the local tourism sector, saying that any long-term strategy remains vulnerable to ...

The University of Cyprus and Boltzmann Research, a team of scientists seeking to tackle the challenge of predicting financial markets, have signed a Memorandum of Understanding (MoU), according to a ...

Agrotourism in Cyprus is on the rise, according to statements made by Deputy Minister of Tourism Kostas Koumis at the 18th Annual General Assembly of the Cyprus Agrotourism Society held ...

AstroBank on Tuesday released its financial results for the year ending December 31, 2023, reporting a profit after tax of €30.4 million, while also marking a Return on Equity (RoE) of 13.9 per cent, ...

The Cyprus Shipping Chamber (CSC) this week joined forces with other international and regional maritime organisations in demanding the immediate release of 25 innocent seafarers. The crew, aboard the Portuguese-flagged container ...

Deputy Minister of Tourism Kostas Koumis and Ambassador Khaled Yusuf Ahmed Al Jalahma from the Kingdom of Bahrain, who is based in Tel Aviv, held a meeting on Tuesday in ...

Chief Scientist Demetris Skourides recently concluded a series of meetings in Tokyo, seeking to bolster cooperation between Cyprus and Japan in the fields of research and innovation. According to an ...