Cyprus Business News

Paphos Chamber of Commerce and Industry (Evep) president George Mais on Tuesday said that the allocation of €245 million to local businesses, along with other developments, can offer significant benefits to ...

The Cyprus real estate market performed well in 2023, with property transfers totalling €1.9 billion and sales documents amounting to €4.2 billion, the Real Estate Agents Registration Council said on Tuesday. Marinos Kineyirou, ...

The Cyprus Securities and Exchange Commission (CySEC) has announced that it has reached a settlement agreement, worth a total of €200,000, with Fintailor Investments Ltd, a Cyprus Investment Firm (CIF). The ...

Levantina Fish managing director Antonis Kimonides said that the fish farming sector is very competitive, necessitating unique, innovative approaches from businesses operating in the industry. The company recently received a ...

President Nikos Christodoulides is set to attend the administrative board meeting of the Cyprus Chamber of Commerce and Industry (Keve) today, Tuesday, February 13, at 17:00 local time. According to an announcement ...

Paphos hotels are reporting a drop in occupancy rates during the first quarter of 2024, when compared to the same period of the previous year, according to Evelyn Komodromou, deputy president ...

The Cyprus Chamber of Commerce and Industry (Keve) has announced that its member organisation, the Cyprus E-Mobility Association, welcomes the announcement of the electric mobility promotion plan by the Ministry ...

Hermes Airports on Monday announced the launch of a new, online publication, dedicated to the travel and aviation industry. The publication, titled Flight Mode, will be released on a monthly ...

The Central Bank of Cyprus (CBC) on Monday released an announcement addressing recent media reports, concerning the European Banking Authority’s (EBA) peer review report on the supervision of creditors’ ...

Andreas Michael, the owner and managing director of CyView Developers, recently shared insights into the economic outlook and prospects for the construction sector in Cyprus for 2024, including how the country ...

Cyprus’ Research and Innovation Foundation on Monday announced that it is joining forces with Israel’s Ministry of Science and Technology, in order to boost collaboration and cross-border relations in ...

The Cyprus Chamber of Commerce and Industry (Keve) on Monday announced that, in the context of economic diplomacy, president Stavros Stavrou and members of the executive committee will host an ...

Cypriot real estate analytics startup Ask Wire is aiming to create a comprehensive real estate database for the Balkans, as it is now in talks with Romanian companies to showcase ...

Here are the top business stories in Cyprus from the week starting February 5: Recently, the Cyprus Securities and Exchange Commission (CySEC) reached settlement agreements with two Cypriot companies, namely the ...

The total volume of beer deliveries in Cyprus during the period of January to August 2023 experienced a slight increase, while exports witnessed an impressive 18 per cent surge during the same ...

The Cyprus Mail attended this week an exclusive networking event hosted by bbf: at Limassol’s Sky Tower, where a diverse panel of speakers shared their insights on “Trends in ...

The strengthening of innovative local businesses is a top priority for the government, stated Finance Minister Makis Keravnos during his visit to SignalGeneriX, a company specialising in the design and ...

The Research & Innovation Foundation (RIF) on Friday hosted its ‘Partner Day’ conference at the Hilton Hotel in Nicosia, in an effort to further foster collaboration between Cyprus’ research and ...

Cyprus’ trade deficit reached €8.57 billion in 2023, marking an 18 per cent year-on-year increase, according to a report released on Friday by the Cyprus Statistical Service (Cystat), The report, which utilised preliminary ...

National investment promotion agency Invest Cyprus on Friday expressed satisfaction with the meeting held on February 8 at the Presidential Palace, which aimed to provide support to foreign investors in Cyprus, ...

Government spokesperson Konstantinos Letymbiotis on Friday stated that nearly 2,000 companies had registered with the Company Facilitation Unit since 2022, employing 19,000 skilled workers. Letymbiotis, who was speaking at a press conference, added ...

President Nikos Christodoulides on Thursday updated foreign investors on the progress of Cyprus’ Strategy for Attracting Investment and Talent, in effect since 2022. Speaking at an event at the Presidential Palace ...

Cyprus and Egypt have a bilateral strategic relationship that contributes positively to the security and stability of the Eastern Mediterranean, the foreign ministers of both countries said on Thursday, after ...

President Nikos Christodoulides on Thursday presented the progress of implementing Cyprus’ Strategy for Attracting Investment and Talent, which has been in effect since 2022, along with the new actions designed to ...