CyprusBusinessNews
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Lemissoler Navigation’s methanol-fuelled bulk carrier design gets ABS approval in principle
The American Bureau of Shipping (ABS) has issued an approval in principle (AIP) to Lemissoler Navigation – a Limassol-based liner shipping company that provides dry bulk cargo marine...
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German President in Cyprus in February to discuss wind energy production
German President Frank-Walter Steinmeier will be in Cyprus in February to meet with officials and attend an international symposium on wind energy production, according to Deputy Chief of...
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4th Limassol Corporate Blood Donation 2023 - Together We Care
On the 7th and 8th of November 2023, with the initiative of Royal Pine , the 4th Annual Corporate Blood Donation Limassol took place. Colleagues, acquaintances, and members of the...
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Diving into the Depths of Cryptocurrency and Blockchain Technology
Innovations are key in driving progress, as can address well the challenges of society and foster economic growth across various domains like technology, science and of course business....
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Cypriot cheese halitzia Tillirias added to EU’s PGI register
The European Commission has added halitzia Tillirias, the Cypriot soft to semi-hard white cheese, to the register of Protected Geographical Indications (PGI) of the European Union. In a...
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Cyprus-Greece leaders discuss next steps in Cyprus talks
President Nikos Christodoulides and Greek Prime Minister Kyriakos Mitsotakis held a telephone conversation on 7 December, during which they discussed the next steps in efforts to resume...
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Cyprus records slight increase in COVID cases
Cyprus has recorded a slight increase in COVID cases in recent days, according to Dr Christos Charalambous of the Health Ministry’s Epidemiological Surveillance and Control of Infectious...
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Total employment up 1.3% y-o-y in Q3
Total employment in Cyprus showed an annual increase of 1.3% in the third quarter of 2023, Cystat said citing provisional estimates. In numbers, 481,321 persons were employed in Q3, of...
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Reducing administrative burden for renewables is welcomed by Cyprus
Cyprus has welcomed the inclusion of a provision to reduce administrative burdens in relation to auctions for renewable energy projects in the proposed Net Zero Industry Act regulation....
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Cystat: Eight out of 10 enterprises in Cyprus use social media
Almost eight out of 10 enterprises in Cyprus with 10 or more employed persons use social media, according to a survey published by Cystat. More specifically, it said that 79.7% of all...
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Epic offers up to €400 discount on all smartphones
This Christmas, Epic is offering up to €400 discount on all smartphones with a 5G unlimited plan. “Select the smartphone you desire, whether that’s the top-of-the-line iPhone 15 Pro,...
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Bioland Energy Group holds workshop on RES and agrivoltaic systems
An informative workshop on renewable energy sources (RES), focusing on the potential of agrivoltaic systems in Cyprus, was held on 1 December 2023 by Bioland Energy Group, a member of the...
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Papanastasiou: Positive results from Israel-Cyprus-Crete interconnector study
The results of the study on the Israel-Cyprus-Crete electricity interconnection project, formerly known as the EuroAsia Interconnector but now renamed to Great Sea Interconnector, look...
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CSC: Recent attacks in Red Sea on commercial ships a threat to international trade and safety
The Cyprus Shipping Chamber (CSC) has expressed deep concern with regard to the recent attacks, by paramilitary forces in Yemen, on commercial vessels in transit through the Red Sea and...
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Inflation slows to 1.7% in November
Inflation in Cyprus marked a significant deceleration in November, dropping to an annual 1.7% from 3.5% the previous month, mainly driven by reductions in fuel prices. According to...
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30 years of blood donations by the Cyprus Shipping Chamber
The Cyprus Shipping Chamber, with the voluntary participation of the employees of its Shipping Member-companies, sent once again messages of hope through its Annual Blood Donation Drive held...
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Herodotou: A digital euro is necessary to address the digital revoluation
The European Central Bank (ECB) is moving closer to creating a digital euro and considers it necessary to address the challenges brought by the digital revolution, Central Bank of Cyprus...
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Central government debt declines 5.6% to €22.5b in Q3
Cyprus’ central government debt, which makes up 99% of the Republic’s total debt, declined to €22.5 billion in the third quarter of 2023, marking a reduction of €1.33 billion, or 5.6%...
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Ritz-Carlton Residences officially opens its doors in Limassol
The Ritz-Carlton Residences has officially opened its doors in Limassol, with a special event that was held on 1 December. “The highly anticipated event marked the culmination of...
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IATA: Historic 4.7 billion people expected to travel in 2024
Some 4.7 billion people are expected to travel in 2024, an historic high that exceeds the pre-pandemic level of 4.5 billion recorded in 2019, according to the International Air Transport...
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Cyprus delegation participates in 3rd International Defence Exhibition in Egypt
A delegation of the Ministry of Defence and the National Guard General Staff, led by the Ministry's Permanent Secretary Andreas Loukas, is present at the 3rd International Defence...
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Cyprus-Australia mark 50 years of diplomatic ties
Cyprus and Australia have celebrated 50 years since the establishment of their diplomatic relations by issuing a set of commemorative personal stamps. The commemorative stamps were...
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Spokesman: Cyprus - Chevron updating "Aphrodite" plan
The Cyprus Government and Chevron Corporation are in the process of updating the existing development and production plan for "Aphrodite" gas field in Cyprus’ Exclusive Economic Zone...
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US financial crime experts meet with local authorities
The experts who arrived in Cyprus from the US to assist investigations into alleged financial crimes have been meeting with all the local authorities and bodies, according to Government...
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Nicosia consents to appointment of UNSG Cyprus envoy
Nicosia has given its consent to the UN Secretary General to appoint a special envoy for Cyprus, Government Spokesman Konstantinos Letymbiotis has confirmed. Addressing a media...
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