Cyprus Business News

Government employment in Cyprus recorded a 3.9 per cent increase in the first eight months of this year compared to the same period in 2023, according to a report released this week ...

Hellenic Bank successfully completed a €100 million Senior Preferred bond issuance under its €1.5 billion Euro Medium-Term Note (EMTN) programme, according to an announcement released on Wednesday by the bank. The bond ...

Chief Scientist Demetris Skourides recently visited India to participate in an event organised by Invest Cyprus, according to an announcement released this week. The event, which took place on September 5, ...

The Cyprus Shipping Chamber (CSC) leadership represented the Cypriot shipping industry at a recent meeting of the International Chamber of Shipping (ICS) in London. The event involved discussions on numerous ...

Renovation work is currently in full swing at the historic Berengaria Hotel in Prodromos, one of Cyprus’ most historic mountain resorts. The well-known residential and commercial developer BBF is spearheading ...

The Paphos Regional Tourism Board (Etap) this week said that preparations are in full swing in the village of Panagia as it gears up to host this year’s grape ...

The Central Bank of Cyprus (CBC) this week released detailed interest rate data for deposits and loans from individual credit institutions. This marks the first instance of this report being ...

The European Researchers’ Night will return to the State Fair in Nicosia on Friday, September 27, with the agenda of the day including live experiments, science competitions, and interactive games. The ...

PwC Cyprus’ Michael Solon Kassinis has outlined the critical importance of the European Union’s updated Network and Information Security Directive (NIS2), set to take effect on October 17, 2024. Kassinis, who ...

The Bank of Cyprus on Tuesday announced that it has begun informing 20,000 eligible borrowers about its latest loyalty reward scheme. According to the announcement, the Bank of Cyprus’ new Pronomia ...

Leading European financial services provider payabl. announced on Tuesday the launch of its innovative payment accounts solution. This cloud-based, API-first solution is designed to help businesses of all sizes manage ...

Chairman of Agros Development Company Antonis Pissarides has highlighted the urgent need for support and compensation for mountain hotels, saying that they are at risk of permanent closure. Pissarides warned ...

The Bank of Cyprus on Tuesday announced that it has begun informing 20,000 eligible borrowers about its latest loyalty reward scheme. According to the announcement, the Bank of Cyprus’ new Pronomia ...

The value of bounced cheques recorded in Cyprus reached €57,129 in August 2024, according to a report released this week by the Central Bank of Cyprus (CBC). This figure comes from a ...

Cypriot lawmakers this week called for major revisions or the withdrawal of a bill proposing to raise the current 1.5 per cent allocation of sports betting profits to football clubs to 3 ...

Cyprus’ trade deficit narrowed in the first seven months of 2024, reaching €4.31 billion compared to €5.19 billion during the same period in 2023, according to a report by the Cyprus Statistical Service (Cystat). ...

Cyprus’ trade deficit narrowed in the first seven months of 2024, reaching €4.31 billion compared to €5.19 billion during the same period in 2023, according to a report by the Cyprus Statistical Service (Cystat). ...

Cyprus saw an increase of 15.9 per cent in the total number of motor vehicle registrations during the first eight months of the year, totalling 34,391, up from 29,673 in the same period ...

Director General of the Research and Innovation Foundation (RIF) Theodoros Loukaidis recently met with Henrietta Egerth, who leads Austria’s national R&D funding agency, FFG. According to an ...

Women in Tech Cyprus and TechIsland are joining forces to host the first-ever Women in STEM Cyprus Forum, set for October 8, 2024, at the Kolla Culture Factory in Limassol.   The event, ...

Artificial intelligence is pushing companies towards flatter hierarchies, allowing them to focus on advanced education and skills, according to Fivos Tsountas, Principal at KPMG Cyprus. “Artificial intelligence (AI) technologies are ...

Influencers in Cyprus face increased scrutiny as authorities step up checks on tax compliance and transparency in advertising. This move, aimed at protecting consumers, follows new EU regulations requiring influencers ...

Cyprus has recorded the third highest annual growth rate within the European Union and the second highest in the Eurozone during the second quarter of 2024, according to data released by ...

Here are the top business stories in Cyprus from the week starting September 2: On the topic of international cooperation, Saudi Arabian Transport Minister, Saleh Bin Nasser Al-Jasser, visited DP World ...