Cyprus Business News

The adoption of circular economy practices by Cypriot hotels is essential for bolstering the competitiveness and resilience of Cyprus’ tourism sector, stated Deputy Minister of Tourism Kostas Koumis. Moreover, Koumis ...

The Cyprus Shipping Chamber this week expressed deep concern over recent assaults by paramilitary forces in Yemen on commercial vessels passing through the Red Sea and the Gulf of Aden. ...

Cyprus experienced a significant deceleration in inflation in November 2023, dropping to 1.7 per cent compared to the previous November, marking the lowest rate in the past three months. This decrease was ...

In recent years, Cyprus has emerged as a promising destination for businesses seeking to innovate and thrive within the dynamic landscape of the European Union The island has not only ...

The Cyprus Chamber of Commerce and Industry (Keve), in collaboration with the Ministry of Energy, Commerce, and Industry, and the Cyprus-Austria Business Association, organised a business mission, forum, and networking ...

The Republic of Cyprus and France are set to sign a significant agreement on Monday in Nicosia, in an effort to eradicate double taxation concerns and bolster measures against tax ...

Since 2020, Ugne Buraciene has been the Group CEO at payabl., one of the leading PayTechs with roots in Cyprus and offices across Europe payabl.’s mission is to become the ...

Binance has withdrawn an application for an Abu Dhabi licence, the latest sign that the giant crypto exchange is reassessing its global structure as regulatory pressures mount. The Binance unit, ...

PwC Foundation’s “Volunteering Days” are underway, marking a week dedicated to community engagement and societal contribution, according to an announcement released by the company this week. With 220 PwC volunteers ...

Palta is a co-founding company, which invests in health-focused startups With a core mission of delivering meaningful contributions to people’s lives, Palta has several successful projects, among them are ...

Cyprus Stock Exchange (CSE) president Marinos Christodoulides recently emphasised the growing importance of Sustainable Development, Social Responsibility, and Corporate Governance in the financial sector. Addressing attendees at the ESG Cyprus ...

Central Bank of Cyprus Governor Constantinos Herodotou on Thursday addressed attendees at the 11th Banking Forum & Fintech EXPO, discussing the impact of technology on the financial sector. Held at ...

Wargaming is an international video game developer and publisher founded in 1998 and headquartered in Nicosia “We are a team of 3500+ talented professionals working from 16 different offices including Chicago, Prague, Shanghai, ...

Cyprus witnessed a contrasting trend in construction permits during the January to September 2023 period, with a reduction in the total number of licenses issued but a significant increase in their ...

The Cyprus Chamber of Commerce and Industry (Keve) on Wednesday announced that the International Matchmaking Event it recently held at a major energy conference was a resounding success. The matchmaking ...

The Cyprus Statistical Service (Cystat) released a report this week revealing a notable upturn of 6.7 per cent in industrial business activities during the first nine months of 2023, compared to the ...

In the rapidly evolving landscape of technology and business, women are increasingly making their mark, breaking through barriers, and rising to leadership positions. Drawing on the insights of accomplished female ...

Founded in 2021, TechIsland has grown to be Cyprus’ largest tech association, now comprising over 270 member companies The organisation’s core mission is to transform Cyprus into a leading tech hub. “...

The Cyprus Committee of Financial Literacy and Education convened for the first time at the Central Bank of Cyprus (CBC) on Tuesday, December 5, according to a statement released on Wednesday. ...

Cypriot firm Ask Wire, a real estate data analytics company, which has provided its services to the Cyprus government, systemic banks, insurance companies and investors, this week announced that it ...

National flag carrier Cyprus Airways on Wednesday announced the launch of direct flights between Larnaca and Brussels International Airport, in what is being described as a significant move to boost ...

The lending interest rate for home purchases hit 4.91 per cent in October 2023, according to the Central Bank of Cyprus’ (CBC) latest Monetary and Financial Statistics report. At the same time, ...

The Bank of Cyprus has clinched the coveted title of “Bank of the Year” in Cyprus for 2023, bestowed by The Banker, a prominent global publication specialising in the banking and ...

Cyprus’ dynamic research and innovation scene had a strong showing at this year’s SLUSH 2023, an innovation-driven startup event held in the heart of Helsinki every year. The event attracted ...