#CyprusBusinessNow

Limassol-based GP General Procurement Compan Limited (GenPro), a maritime and commercial procurement company, held its first annual Blue Day Sustainability Seminar in September. The seminar focused on the company’s ...

The Cyprus Shipping Chamber travelled to Brussels this week to participate in a conference hosted by the European Community Shipowner’s Association (ECSA). The Cypriot delegation was composed of the ...

Non-performing loans (NPLs) decreased by €142 million in June 2021, according to data released by the Central Bank of Cyprus. This decrease reflects a 2.8 per cent aggregate drop compared to the previous ...

71 community councils have been exempted from contributing to the construction cost of various small-scale projects amounting to €5.2 million in total. The councils’ contributions will instead be sourced from savings made ...

The Deputy Ministry of Tourism said that this year’s World Tourism Day’s theme of Tourism for Inclusive growth is fully aligned with Cyprus’ national tourism strategy for 2030. “The ...

Tourist arrivals in Cyprus reached 321,858 in August of this year, reflecting an increase of 208.7 per cent compared to August of the previous (during which 104,261 arrivals were recorded), and a decrease ...

AstroBank appointed two new board members on Friday, September 10. In an announcement released on Thursday, September 16, the bank said that Michalis Sarris and Evi Rossidou have joined the board. Rossidou ...

CyprusInno has launched a new coworking space called The Base in Nicosia’s Ledra Palace buffer zone. The centre will not be limited to coworking elements as it wil also ...

The Maritime Cyprus Conference has been postponed due to logistical issues stemming from the coronavirus pandemic and the related precautions and safety measures currently in place for all physical events. ...

The Ministry of Energy, Commerce and Industry that its recently launched programme to boost Small-to-Medium sized enterprise (SMEs) competitiveness has received 453 applications through the designated system. The number of applications ...

Transport Minister Yiannis Karousos expressed ‘total satisfaction’ with the progress of the Larnaca port and marina redevelopment project after visiting the site on Thursday, September 9. Karousos met with people from ...

The Cyprus-Greece Business Association will take part at the Thessaloniki International Fair which will take place between September 11 and September 19 of this year. The association’s president Iosif Iosif has ...

The Cyprus Statistical Service has released a report showing that the first six months of the year saw a total of 3,990 building permits being issued by the relevant municipal authorities, ...

Cyprus Shipping Deputy Minister Vassilios Demetriades met with his Egyptian counterpart Transport Minister Kamel al-Wazir on Saturday, September 4, as part of the wider intergovernmental conference between the two governments. The ...

European Union and International Monetary Fund (IMF) representatives will begin their post-memorandum inspection of the Cypriot economy on September 13 and conclude the process on September 22. The inspection, which will include ...

Venus Minerals Managing Director Peter van der Borgh said that Cyprus has a ‘significant average gold content in a copper-rich area’ in Troodos. “The results of the sampling from the ...

The public deficit has fallen by 0.2 per cent in the first seven months of the year, with preliminary fiscal results by the Cyprus statistical service showing a General Government deficit ...

Minister of Energy, Commerce and Industry Natasa Pilides has reiterated that the only way to improve the competitiveness of the Cypriot economy is through the liberalisation of the energy market ...

Tourism generated a total revenue of €135.8 million for Cyprus during June of 2021, a number achieved in spite of a number of travel restrictions still in place during that period. While ...

Pegeia mayor Marinos Lambrou is pushing forward with development projects worth a total of €7 million. According to statements made to the Cyprus News Agency (CNA), Lambrou said the first project ...

The total number of government-employed people increased during July, with 92 additional people joining the public sector, the Cyprus Statistical Service said in a report. This represents a 0.2 per cent year-on-year ...

Beer deliveries in Cyprus have increased year-on-year during the first seven months of the year, a report by the Cyprus Statistical Service has shown. According to the service, 19.49 million litres ...

The Cyprus statistical service has released data showing that the trade deficit increased during the first half of the current year. The trade deficit for Cyprus increased by €573.6 million during ...

The Cyprus Hoteliers Association has presented a plan detailing how the sector can recover in Cyprus. “Hoteliers remain focused on achieving the ambitious objectives that have been set despite the ...