Cyprus Business News

The Cyprus Shipping Chamber (Kne) this week released a statement in which it welcomes the publication of a review of Cyprus’ economic policy by the Centre for Economic Research of ...

The Cyprus Securities and Exchange Commission (“CySEC”) has warned investors about incidents of impersonation of its officers and representatives and of fake websites. According to a CySEC press release, it ...

Events and conference management firm the Emanuel Group on Tuesday announced that it will be hosting an event in Israel aiming to showcase Cyprus properties to the country’s domestic ...

The Cyprus Consumers’ Association on Monday released a statement on the upcoming Black Friday sale, calling on consumers to conduct thorough market research ahead of any purchases of potentially discounted ...

Limassol port management company DP World Limassol on Monday said that as part of its active support towards the month-long Movember Cyprus campaign a number of its male employees have ...

Cyprus’ trade deficit stood at €5.12 billion at the end of the period between January and August 2022, compared to €3.63 billion in the corresponding period of 2021, according to a report published on ...

Cyprus-based airline TUS Airways on Monday said that it completed the first direct flight between Israel and Qatar, a historic milestone in the relationship between the two countries. “This is ...

High labour costs and unhindered access to energy and raw materials are the main challenges expected to be faced by Cypriot businesses in 2023, based on the 30th annual edition of ...

One of the most promising biotech companies in Cyprus currently is Promed Bioscience. They produce collagen-based biomaterials including highly purified medical-grade atelocollagen among others. They have announced the closing of €800...

The law passed last week by the House set to freeze foreclosures until the end of January 2023 has a slew of interpretive issues, financial ombudsman Pavlos Ioannou said on Monday. ...

The world is moving towards renewable energy, such as PV, in an effort to limit climate change and offset dwindling and progressively more expensive and difficult to extract conventional (coal, ...

By Antonis Loizou FRICS Our protests about the non-functional common expenses law and other related legal disputes are well known. While the issue is very serious and its results are ...

Reflect Festival, the largest technology and entrepreneurial event of its kind in Cyprus, wrapped up on Friday evening, October 21, welcoming approximately 5,000 attendees in the process, who flocked to Limassol’s ...

National investment agency Invest Cyprus on Friday announced that through a mission in Kuwait made a series of contacts and presented to local government officials and investors Cyprus’ business and ...

The Cyprus Investment Funds Association (CIFA) this week announced that Cyprus has been chosen to host the 36th iteration of the International Investment Funds Association (IIFA) conference, something which the ...

Cyprus-based education technology company Gear Education on Friday announced that it has entered into an official partnership agreement with software company Jamf. The primary aim of the collaboration is to ...

The Association of Cyprus Tourist Enterprises (Stek) on Thursday issued a warning against the dangers posed by short-term rentals, saying that the rapid expansion of such practices in Cyprus needs ...

Unemployment in Cyprus rose by 1.9 per cent year-on-year in October, according to a report released on Thursday by the Cyprus Statistical Service (Cystat). According to the report, based on the ...

Non-performing loans (NPLs) in Cyprus fell by a total of €30 million in August, with the percentage of NPLs against total loans standing at 10.9 per cent, down from 11 per cent during ...

Cyprus’ recorded a general government surplus of €587 million, 2.2 per cent of GDP, during the first nine months of 2022, compared to a deficit of €453.3 million, 1.9 per cent of GDP, in the ...

Tourism revenue in Cyprus reached €399.7 million in August 2022, compared to €272.5 million recorded in August 2021, marking an increase of 46.7 per cent, according to a report released this week by the Cyprus ...

Minister of Energy, Commerce and Industry Natasa Pilides this week said that Cyprus’ business community continues to carry on unabated, displaying great resilience, despite the numerous exogenous challenges it faces. ...

Cyprus Mail reporter PANIS PIERI is attending the Web Summit tech conference in Lisbon, the biggest festival in the world about startups, technology and innovation. The Cyprus Mail is in ...

The Central Bank of Cyprus (CBC) on Monday released a report on household debt in Cyprus, with the current figure standing at €20.1 billion at the end of June 2022, with the ...