Cyprus Business News

The European Central Bank (ECB) is not expected to raise interest rates at its upcoming session, as recent economic data indicates that its benchmark rates have reached levels conducive to ...

Bank of Cyprus CEO Panicos Nicolaou this week revealed a vision for Cyprus as a thriving business hub in the region, noting that the island has the potential for further ...

National flag carrier Cyprus Airways on Wednesday unveiled plans to extend its schedule with new flights to the city of Nice, France, starting from December 12, 2023, with the airline set to ...

The University of Cyprus on Tuesday announced that the Jean Monnet Centre of Excellence DIGIU, which is dedicated to the study of the European institutional framework concerning digital and online ...

Two weeks after the Cyprus Mail sat down for an interview with Timur Turlov, CEO of Freedom Holding Corp., his company was investigated by US regulators. This comes two months ...

The priorities of the government are intertwined with the commitment to incorporate technology and digitisation into its policies, stated Undersecretary to the President, Irene Piki, on Tuesday, a sentiment echoed ...

Hermes Airports, the company managing both of Cyprus’ international airports, on Tuesday announced that Larnaca Airport claimed the top spot in the highly competitive category for airports with 5-10 million ...

The Finance Ministry is preparing a study to revise the laws surrounding the annual corporate levy, said a spokesperson for the Ministry of Finance in the parliamentary Trade Committee, with ...

WomenTech Network, in partnership with Adsterra and TechIsland, will host the Women in Tech Limassol Meetup on October 19, 2023, at 6.30 pm at Lellos Art Point (str. Agiou Andreou 213), according to an ...

The government should be looking into ways of tackling the longstanding issue of seasonality in the tourism industry, as well as improving connectivity to the island, according to a survey ...

The 7th International Scientific Conference on Renewable Energy and Energy Efficiency has drawn to a triumphant close, attracting professionals, scientists, and enthusiasts from both Cyprus and abroad within the business ...

Cyprus witnessed a historic record in the value of investment funds funnelled into the local economy at the end of June, reaching an astounding €2.9 billion, out of a total of €10.7 ...

Praxis Tech has announced the launch of ‘Abandoned Transaction Events,’ a new feature that supports merchants to boost their conversion and retention rates by alerting them to interrupted transactions, enhancing ...

By Souzana Psara Cloud computing is more than just a passing buzzword, it is a transformative force driving the digital revolution in Cyprus, entrepreneur driving technological innovation on the island ...

In the aftermath of Russia’s invasion of Ukraine global energy geopolitics and trade flows have undergone massive realignments. With the Western embargo on Russian oil and gas, Europe has ...

With three gold and two silver medals, Cyprus ranked third in The Economist’s economic pentathlon which calculated how the 27 EU member states perform on the five major challenges facing ...

Here are the top business stories in Cyprus from the week starting October 9: President Nikos Christodoulides highlighted the significant role of the shipping industry in Cyprus’ economy during his address ...

In a rapidly evolving global financial landscape, the role of financial institutions and fintech companies is more crucial than ever. One such company making waves in the industry is Admiral ...

The Cyprus Securities and Exchange Commission (CySEC) this week reported that the assets under management (AUM) for Management Companies and Undertakings of Collective Investments (UCIs) in the second quarter of 2023 ...

Cyprus has reported a substantial 22.1 per cent increase in the number of commercial flights during September 2023, when compared to the same month from the previous year. This report was created ...

The Business Leaders Summit, a prominent gathering of business leaders in Cyprus, is back to shed light on the major issues and challenges modern business leaders face. Organised by the ...

Cyprus and Egypt are currently experiencing more immediate credit risks compared to other nations due to the Israel-Hamas conflict, according to a report by Germany-based ratings agency Scope Ratings. In ...

Cyprus-based Yotam Werzansky-Orland, Esq., CEO of KWO Strategy Ltd., has earned his place among the world’s top 300 innovation and intellectual property (IP) strategists, as recognised by the prestigious annual ...

Cyprus’ trade deficit for the period of January to August 2023 reached €5.8 billion, compared to €5.2 billion during the same period in 2022, according to a report released this week by the state’...