Family businesses see highest growth in 15 years

Family businesses with a company purpose connected to the United Nations’ Sustainable Development Goals (SDGs) are performing better than their peers across multiple financial and social metrics, according to PwC’s Global Family

Sir Stelios awards 10 bicommunal businesses

Philanthropist Sir Stelios Haji-Ioannou awarded 10 bicommunal teams, consisting of Greek and Turkish Cypriots, who stood out in business cooperation. Each team member wins a cash prize of €10,000. At the online award

Local businesses online sales growing

For 20.1% of Cyprus enterprises (19.7% in the EU), e-commerce sales reached at least 1% of their total turnover, which was 3 percentage points higher (+0.7 pp EU) than the previous year. According to


46% of businesses suffer cyberattacks

Nearly half of Cyprus businesses have experienced some kind of cyberattack in the past 12 months, according to surveys on cyber security. The surveys showed that 46% of businesses were attacked or suffered

Labour, energy costs stifling businesses

High labour costs, plus access to energy and raw materials, are the main challenges expected to be faced by Cypriot businesses in 2023, based on the Eurochambres Εconomic Survey. The Cyprus Chamber

SDGs and hidden costs for businesses 

Recently the European Commission published the progress indicators concerning the implementation of the 17 Sustainable Development Goals of the United Nations as identified and defined in the Agenda 2030. In seeking Sustainable

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