Cyprus Business News

The Cyprus Securities and Exchange Commission (CySEC) on Monday announced that in recognition of the importance of financial education and academic excellence, it recently handed out awards to two exceptional ...

Tourist arrivals in Cyprus experienced a significant increase of 22.7 per cent in June 2023 compared to the same period last year, although they remained 10.6 per cent lower than the record-breaking arrivals ...

New York City played host to the Economist’s annual Eastern Mediterranean Business Summit on July 10, with PwC Cyprus serving as the platinum sponsor, according to an announcement released by ...

Here are the top business stories in Cyprus from the week starting July 10: Invest Cyprus, the national investment promotion agency, on Friday released a statement expressing its support for a ...

The Paphos real estate market experienced a slight decline of 17 per cent in the value of property transactions during the second quarter of 2023, according to George Mais, the president of ...

The Cyprus Chamber of Commerce on Friday announced that it successfully held its Journey Towards Sustainable Tourism conference, detailing grants, support schemes and best practices in this space. The conference, ...

The Vice President of International Relations at the Limassol Chamber of Commerce and Industry, Heros Miltiadous, met with the Vice President of the Bulgarian Chamber of Commerce and Industry, Todor ...

By Charles Ellinas To many, it may not sound surprising, but it is a sad reflection of the last ten years. Cyprus continues its freefall global rankings, in a number ...

Invest Cyprus, the national investment promotion agency, on Friday released a statement expressing its support for a recent decision to fast-track strategic investments on the island. On Thursday, the House ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday announced that it has reached a settlement with a licensed broker for market abuse violations. The commission explained that it has ...

Energy, Commerce and Industry Minister George Papanastasiou has announced the government’s intentions to push ahead with developing Cyprus as a key regional energy hub, inviting global energy professionals to ...

Issues concerning Famagusta residents, local authorities and entrepreneurs, were discussed at a meeting between Disy head Annita Demetriou and the board of the district’s tourism, commerce and entrepreneurial company (...

Cypriot startup Revolutionary Labs recently held a special ceremony to commemorate the successful conclusion of the mediSKIN entrepreneurship innovation project. According to an announcement, the event, which was held at ...

During his speech at The Economist business conference on the Eastern Mediterranean held in New York this week, Constantinos Herodotou, the Governor of the Central Bank of Cyprus (CBC), emphasised ...

National investment promotion agency, commonly known as Invest Cyprus, on Thursday, announced that its vice chairman Spyros Vassiliou presented Cyprus’ investment attraction strategy at The Economist conference in New York. ...

The value of properties sold in Cyprus during the second quarter of 2023 reached €1.52 billion, with the market showing signs of being impacted by the increase in interest rates, soaring inflation, ...

Employment in the government decreased by 2 per cent in June, mainly driven by the transfer of hourly-paid personnel from the Ministry of Health to the State Health Services Organisation (OKYPY), ...

The Cyprus Shipping Chamber (CSC) this week released a statement welcoming the decisions taken at the 80th meeting of the Marine Environment Protection Committee (MEPC80) regarding the revised Greenhouse Gas ...

Cyprus’ trade deficit grew by €824 million in the first half of 2023, compared to the same period last year, reaching €3.73 billion, primarily due to a significant increase of 19.8 per cent in ...

Headlined ‘The day after is already here’, the 15th Conference on Corporate Sustainability & Responsibility that took place featured Hellenic Bank, which remains committed to its goal of leading the ...

Total beer deliveries in Cyprus experienced a significant decline of 16.9 per cent in June 2023, compared to June 2022, according to data released by the Statistical Service on Wednesday. However, the increase ...

Kinx Gaming, an esports organisation headquartered in Nicosia, Cyprus, played a significant role in the successful launch of the AAA first-person shooter game, Atomic Heart. The game was developed by ...

Vehicle registrations in Cyprus experienced a substantial increase of 24.4 per cent during the first half of 2023, compared to the corresponding period in 2022. Additionally, registrations rose by 22.4 per cent in June 2023 ...

City of Dreams Mediterranean, Europe’s first integrated casino resort, officially opened its doors this week, with high hopes that it would usher in a new era for tourism. The ...