The essential ingredients for Cyprus’ future as an international business and financial hub

The essential ingredients for Cyprus’ future as an international business and financial hub

Against a backdrop of shifting global business dynamics and the pressing need to adapt to international economic developments, the 15th Nicosia Economic Congress hosted a high-level discussion last week on Cyprus’ future as an international business and financial centre. The conversation highlighted critical issues — from the need for swift delivery of justice, to the […]

Read More
Cyprus Business Now: maritime events, Paphos tourism, Schengen benefits

Cyprus Business Now: maritime events, Paphos tourism, Schengen benefits

The Paphos regional tourism board (Etap) this week said that its digital tourism campaign is exceeding expectations, with the organisation reporting that its goals have already been significantly surpassed. According to an official announcement, “since the launch of the campaign in mid-February, more than five million promotional messages have been distributed across various communication channels”. […]

Read More
BuySell is winning on every front of the real estate market

BuySell is winning on every front of the real estate market

With impressive growth in traffic, number of listings, and technological innovation, the BuySell platform is outperforming every other real estate website and app in Cyprus — and the numbers prove it. 1. The Most Popular Real Estate Website in Cyprus In March 2025, the website BuySellCyprus.com surpassed two million visitors, marking a historic record for the Cypriot property market. […]

Read More
Cyprus Business Now: weekly wrap-up

Cyprus Business Now: weekly wrap-up

Here are the top business stories in Cyprus from the week starting April 14: Despite facing persistent structural challenges, the Cypriot manufacturing industry continues to demonstrate remarkable resilience in the face of international turbulence, according to the Employers and Industrialists Federation (Oev). Moreover, the organisation has stressed that bolstering the sector’s competitiveness through controlling production […]

Read More
Paphos targets UK, EU and Israel in digital tourism drive

Paphos targets UK, EU and Israel in digital tourism drive

The Paphos regional tourism board (Etap) this week said that its digital tourism campaign is exceeding expectations, with the organisation reporting that its goals have already been significantly surpassed. According to an official announcement, “since the launch of the campaign in mid-February, more than five million promotional messages have been distributed across various communication channels”. In addition, it stated that […]

Read More
Updated Cyprus constitution now in English

Updated Cyprus constitution now in English

The governmental press office on Wednesday announced the official translation and unification of the Republic’s updated constitution into English. The publication will include “a comprehensive, consolidated text of the constitution” including its provisions since it came into operation in 1960 to its most recent 19th amendment, the new constitutional right to a safe, clean, healthy […]

Read More
Invest Cyprus joined President Christodoulides on roadshow to strengthen US–Cyprus strategic ties

Invest Cyprus joined President Christodoulides on roadshow to strengthen US–Cyprus strategic ties

In an era defined by rapid transformation and geopolitical complexity, Cyprus is stepping forward with clarity and purpose to reinforce its position on the global investment map, Invest Cyprus has underlined. In a relevant announcement, Invest Cyprus noted that, “From 3 to 9 April, President Nikos Christodoulides visited New York, Houston, and San Francisco, leading […]

Read More
Cyprus hotels see stronger early bookings for 2025

Cyprus hotels see stronger early bookings for 2025

Easter occupancy hits 75 per cent The outlook for Cyprus’ tourism sector appears slightly brighter this year, with early bookings for the first half of 2025 showing a better trend than the same period in 2024, according to president of the Cyprus Hoteliers Association (Pasyxe) Thanos Michaelides Speaking to the Cyprus News Agency (CNA), Michaelides said the flow of […]

Read More
Demetra reports €132m profit, driven by Hellenic stake and equity gains

Demetra reports €132m profit, driven by Hellenic stake and equity gains

Demetra Holdings on Thursday reported robust financial results for the year ending December 31, 2024, with net profit for the group reaching €132.46 million, corresponding to 66.23 cents per share. This marks a substantial increase from €86.23 million (43.12 cents per share) in 2023. The company attributed this performance largely to gains from its investment in Hellenic Bank […]

Read More