Cyprus Business News

Cypriot company receives major investment to develop microRNA therapeutics

Panis Pier...April 10, 2023

ASBIS and Lanitis Group will invest €1.2 million to help fuel cancer biotech Theramir’s growth and expand its portfolio of stem cell and microRNA-based technologies Cypriot biotech company Theramir, which…

Cyprus Business Now weekly wrapup

Kyriacos N...April 9, 2023

Here’s a summary of the top business news stories from the week starting April 3 in Cyprus: Eurobank Cyprus was awarded the “Best Private Banking Boutique in Cyprus” award by…

Cyprus deficit grew to 246 billion in 2022 ties with Russia still strong

Kyriacos N...April 8, 2023

The Central Bank of Cyprus (CBC) this week released a report stating that the country’s current account deficit reached €2.46 billion in 2022, equivalent to 9.1 per cent of the…

Cyprus Business Now

Kyriacos N...April 8, 2023

The Cyprus Chamber of Commerce and Industry (Keve) on Friday announced that it offering grants between €2,000 and €5,000 for the development of the domestic Bee Economy, through a new…

Cyprus construction sector activity declines as costs continue to rise

Kyriacos N...April 7, 2023

The Cyprus Statistical Service (Cystat) on Thursday reported a year-on-year drop in construction production during the fourth quarter of 2022, while producer prices in construction saw a significant annual increase…