#CyprusBusinessNow

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 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, ...

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 ...

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), ...

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 ...

The Cyprus Chamber of Commerce and Industry (Keve) on Monday announced that it will be hosting a sustainable tourism conference on Wednesday, July 12, 2023, at 17:00. The event, titled “A Journey towards ...

Here are the top business stories in Cyprus from the week starting July 3: Cyprus’ tourism revenue reached €217.6 million in April 2023, compared to €185.1 million in the same month of the previous ...

President Nikos Christodoulides this week underscored the government’s commitment to the shipping industry and praised the multifaceted work of the Cyprus Shipping Chamber (CSC) during a formal meeting held ...

The number of registered unemployed individuals in Cyprus in June 2023 reached its lowest level in the past 17 months, according to seasonally adjusted data released this week by the state’s ...

International fintech company Admirals, whose Cypriot offices are located in Nicosia and Limassol, recently endorsed the Cyprus Padel League Finals, an event which took place at the Mall of Cyprus ...

The Retail Sales Value Index in Cyprus recorded a year-on-year increase of 8.7 per cent in May 2023, while the Retail Sales Volume Index remained more subdued at 6.1 per cent, reflecting the ...

Startups4Peace recently launched an initiative that seeks to unite the two communities in Cyprus and empower aspiring entrepreneurs to build and expand their businesses. With its mission to bridge ...

Here are the top business stories in Cyprus from the week starting June 26: Bars and restaurants across Cyprus experienced a notable decline in occupancy rates, with the drop in guests ...

The Economic Policy Uncertainty (EPU) Index in Cyprus has returned to more normal levels in spring 2023, indicating a significant decline in uncertainty one year after the start of the Russia-Ukraine ...

Following a decision by the Board of Directors of Alpha Bank Cyprus and the necessary approvals from regulatory authorities, Miltos Michaelas has taken on the role of CEO of Alpha ...

Thanos Michaelides has been elected as the new president of the Cyprus hoteliers association (Pasyxe), following an election that took place this week, according to an official announcement by the ...

Total petroleum product sales in Cyprus reached 122,581 metric tons in May 2023, marking a 1.4 per cent increase compared to May 2022, according to a report released this week by the Cyprus Statistical ...

Here are the top business stories in Cyprus from the week starting June 19: Hellenic Bank on Friday released its financial results for the first quarter of 2023, posting a profit of €69.7 ...

In an encouraging sign for the Cyprus economy, the Wholesale Trade Turnover Index experienced a remarkable 11.1 per cent increase during the first quarter of 2023, according to a recent report released ...

The CFA Society Cyprus, a local chapter of the CFA Institute, on Thursday, presented its priorities regarding developments in the Cypriot economy and its key action pillars through strategic partnerships ...

The net interest income of the Cypriot banking system nearly doubled in the first quarter of 2023 compared to the corresponding period last year, showing an increase of 85.7 per cent or €182.71 ...

The Cyprus Chamber of Commerce and Industry (Keve) this week announced that its business mission, led by Deputy Minister of Tourism Kostas Koumis, departed on Tuesday for the city of ...

Construction material prices in Cyprus remained stable in May, according to a report published by the state’s statistical service on Monday. According to the data cited in the report, ...

Here are the top business stories in Cyprus from the week starting June 12: Cyprus-based investor Alexey Gubarev has recently become the owner of the land where Sodap’s wine factory ...