#CyprusBusinessNow

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 ...

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 ...

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 ...

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 ...

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 ...

The total sales of petroleum products in Cyprus experienced a small increase of 0.9 per cent year-on-year in September 2022, with sales from gas stations recording a decrease of 6 per cent year-on-year, ...

The total amount of deposits in the Cypriot banking system reached the highest level of the last nine years in September 2022, while loans stood at a five-month low, according to ...

Cyprus’ trade deficit reached €4.4 billion for the period between January and July 2022, compared to €3.2 billion for the corresponding period of 2021, according to the finalised data by the Cyprus Statistical Service (...

There was an increase of more than €19.5 million in the cost of overtime and allowances paid by the Republic of Cyprus in 2021, after the relaxation of restrictive measures that had ...

The Association of Cyprus Tourist Enterprises (Stek) on Friday announced that it participated in a conference focusing on religious and pilgrimage tourism in Cyprus and Greece. The conference, which took ...

Hellenic Bank on Thursday announced a number of changes to its banking services, aiming to empower its meeter greeter service, which in turn will help customers become more comfortable with ...

The harmonised index of consumer prices rose by 8.1 per cent year-on-year in the first nine months of 2022, according to a report released on Wednesday by the Cyprus Statistical Service (Cystat). ...

The number of trips abroad made by residents of Cyprus in September 2022 was almost twice as much as last year, according to a report released this week by the Cyprus ...

Cyprus’ Gross Domestic Product (GDP) was revised to €24.01 billion at current prices for 2021 and to €21.89 billion for 2020, according to a report released on Monday by the Cyprus Statistical Service (Cystat). ...

Non-performing loans (NPLs) in Cyprus’ banking sector stood at €2.85 billion at the end of July 2022, reflecting a decrease of €69 million compared to the previous month, according to a report published ...

The Cyprus Shipping Chamber (Kne) on Thursday announced that it successfully held a panel discussion focusing on a greener shipping and maritime industry through collaborative practices. The panel discussion was ...

Government employment in Cyprus increased by 0.4 per cent year-on-year in September 2022, with the total number now standing at 52,601 members of staff, according to a report released this week by the ...

The Association for the Protection of Borrowers (Syprodat) on Tuesday released a statement in which it requests meetings with House Speaker Annita Demetriou, Central Bank Governor Constantinos Herodotou, as well ...

The Cyprus Shipping Chamber (Kne) this week announced that it supports the joint statement by European shipping industry stakeholders who call for the sequestration of shipping revenues in the Emission ...

Net new lending in Cyprus fell during August 2022, dropping to €182.3 million, the second month in a row where a decrease was observed, according to a report released on Tuesday by ...

The Nicosia Chamber of Commerce and Industry (Evel) this week announced that it successfully held an event on branding and businesses and professionals can create value for enterprises, industries and ...

A Cyprus Chamber of Commerce and Industry (Keve) delegation this week met with the Cyprus-Greece Business Association and the Institute of Certified Public Accountants of Cyprus (Selk) in Athens, where ...

There was a net increase of €173.7 million in total deposits and a net decrease of €100 million in total loans in August 2022, according to a report released on Tuesday by the ...