Kyriacos Nicolaou

Deputy Tourism Minister hails Cyprus’ tourism performance Deputy Tourism Minister Kostas Koumis on Tuesday expressed satisfaction with the tourism figures for October, following a surge in arrivals that surpassed the ...

Government spokesman Konstantinos Letymbiotis on Tuesday welcomed the European Commission’s autumn economic forecast for Cyprus, which revised the country’s economic growth for 2025 upwards. “The findings of the European ...

Loan and real estate management company doValue Cyprus on Turesday announced that it has “strengthened its position in the domestic non-performing loan servicing market after taking on a new portfolio ...

The Cyprus Chamber of Commerce and Industry (Keve) recently completed a high-level business mission to Beijing, according to an announcement released on Tuesday. The chamber said that the event highlighted ...

The Central Bank of Cyprus (CBC), part of the Eurosystem, released its summary balance sheet this week, which showed that the institution’s total assets and liabilities stood at €30.49 billion ...

Cyprus Seeds has announced the renewed commitment of The Hellenic Initiative, marking the seventh consecutive year of support from the organisation that helped establish and sustain the programme’s mission. ...

The National Bank of Greece (NBG) in Cyprus announced this week that it is joining forces with the University of Cyprus to support the Cyprus Entrepreneurship Competition (CyEC) 2025 through its ...

Demetra Holdings Plc has repurchased 8,386 of its own shares at an average price of 1.617 cents, the company announced on Monday. The share buyback was carried out on November 14 through CISCO, ...

The Finance Ministry on Monday announced that the TB13H25 series of government bonds will mature on November 28, 2025. They added that the last day for trading these government bonds will ...

Ermes Department Stores Plc recorded a net profit of €15.3 million in the first half of 2025, primarily due to the completion of the disposal of its subsidiary Superhome Center DIY Ltd. ...

Woolworth (Cyprus) Properties Plc reported a sharp swing to profit for the first half of 2025, driven by lower financing costs, reduced administrative expenses and the completion of major debt-related transactions. ...

Cyprus recorded a strong rise in both tourist arrivals and resident returns in October 2025, underscoring a robust rebound in travel activity. According to the Cyprus Statistical Service (Cystat), tourist arrivals ...

The number of building permits issued in Cyprus during the first seven months of the year recorded a notable decline, despite increases in total value and area, according to a ...

The European Union (EU) allocated €1.72 trillion to healthcare in 2023, an amount equal to 10 per cent of the bloc’s gross domestic product, according to Eurostat. Germany recorded the highest level ...

The Cyprus Chamber of Commerce and Industry (Keve) on Monday released a statement summarising the recently-held annual general meeting of the Cyprus association of real estate agents, which forms part ...

Worldwide spending on telecommunication and pay TV services is projected to reach $1.53 trillion in 2025, marking a 1.7 per cent increase year on year, according to the International Data Corporation (IDC). The ...

Worldwide tablet shipments declined 4.4 per cent year over year in the third quarter of 2025, totalling 38 million units, according to data from the International Data Corporation (IDC). Following six consecutive quarters ...

Car demand is expected to experience a sluggish recovery across the eurozone, according to the European Central Bank (ECB), whose latest report was based on it Consumer Expectations Survey (CES). ...

The number of registrations of EU businesses increased by 4.0 per cent during the third quarter of 2025, compared with the second quarter of 2025, according to Eurostat. At the same time, the ...

The euro area recorded a trade in goods surplus of €19.4 billion with the rest of the world in September 2025, compared with €12.9 billion in September 2024. Exports from the euro area rose ...

Cyprus’ economy recorded robust growth in the third quarter of 2025, with new national and European data confirming that the country continues to outperform the wider region. According to a flash ...

The European Securities and Markets Authority (ESMA) recently released its first comprehensive assessment of the total costs borne by investors in UCITS and AIFs. UCITS are EU-regulated retail investment funds ...

Finance and technology announcements at the inaugural TOURISE Summit in Riyadh set out major investment commitments and the launch of a new global digital framework for tourism. TOURISE said it ...

Finance Minister Makis Keravnos welcomed the statistical service’s preliminary estimate showing Cyprus’ economy grew 3.6 per cent in the third quarter of 2025. He also mentioned that growth in the third ...