Kyriacos Nicolaou

The euro area recorded a trade in goods surplus of €18.40 billion with the rest of the world in October 2025, according to Eurostat. This is significantly higher than the €7.10 billion surplus ...

Alpha Bank S.A. announced on Friday that it has agreed key commercial and legal terms for a strategic combination of insurance activities in Cyprus, aiming to create one of ...

S&P Global Ratings on Thursday revised the outlook of the Bank of Cyprus to positive from stable in Cyprus, citing lower economic risk for banks operating in the ...

The Central Bank of Cyprus (CBC) has announced that all banks across the country will close on specific public holidays to mark the Christmas and New Year period. The announcement ...

Cyprus passport shines for mobility, tax and personal freedoms, outperforming the UK and US The Cyprus passport has been ranked fifth worldwide in the Nomad Passport Index 2026, highlighting the island’...

The Cyprus Securities and Exchange Commission (CySEC) on Friday launched a public consultation on a new directive setting out how crypto-asset service providers must submit prudential supervisory information. The aim ...

Alpha Bank S.A. announced on Friday that it has agreed key commercial and legal terms for a strategic combination of insurance activities in Cyprus, aiming to create one of ...

The state statistical service (Cystat) has announced a revision of Cyprus’ quarterly house price index to improve accuracy and better reflect real estate market trends, releasing an accompanying analytical report ...

Frederick University and Electi Consulting Ltd have successfully completed the technical implementation of the DYNAMO research project, a decentralised energy management platform designed to allow smart communities in Cyprus to ...

Construction material prices showed a modest year-on-year increase in November, according to a report by the Cyprus Statistical Service (Cystat). The Price Index of Construction Materials reached 118.63 units in November 2025, ...

The Enterprise Europe Network (EEN) Cyprus has launched a comprehensive survey to evaluate the satisfaction of small and medium-sized enterprises and to measure the positive impact of its support services ...

Innovate UK, in collaboration with the Enterprise Europe Network (EEN), is organising business-to-business (B2B) meetings during the Futurebuild 2026 Construction Sector Exhibition in London from March 3 to March 5, 2026. According to ...

Eurobank on Thursday announced that its newly issued shares will begin trading on the Cyprus Stock Exchange (CSE) on December 19, 2025, marking a further step in the bank’s post-merger integration ...

Genikes Insurance was named the best general sector insurance company in Cyprus for the fifth consecutive year in 2025, after being recognised by two international awards bodies for its performance, customer ...

Cypriots top EU workers in average earnings Cypriot citizens earned more on average than EU nationals working on the island during 2022, according to an earning report released on Thursday by ...

Cyprus and the United States have strengthened cooperation on the oversight of the auditing profession, according to an announcement released on Thursday. This involves the signing of a protocol and ...

OPAP Cyprus on Thursday announced that it will rebrand as Allwyn from January 2026, a move aimed at strengthening its connection with customers and aligning the company more closely with its ...

The Cyprus Borrower Protection Association (Syprodat) this week announced that a new European Commission initiative on affordable housing highlights the urgent need for substantive housing policies in Cyprus. Syprodat explained ...

Cyprus recorded the lowest annual inflation rate in the European Union in November 2025, according to figures published by Eurostat, highlighting easing price pressures on the island at a time when ...

Cyprus saw hourly wage costs rise by 3.5 per cent in the third quarter of 2025, according to Eurostat figures, reflecting continued labour cost pressures in line with broader trends across the ...

The Insurance Association of Cyprus (Saek) has officially joined the Global Federation of Insurance Associations (GFIA), the world’s pre-eminent federation for insurance trade bodies, in a move designed to ...

They say that repeating the same thing over and over again and expecting different results is the definition of stupidity. In the context of visiting the same restaurant multiple times ...

Cyprus’ economy showed broad-based growth across industry, construction, trade and tourism in the first ten months of 2025, according to the statistical service (Cystat), reflecting continued economic momentum amid external uncertainty. ...

UK, Poland and Israel drive surge in November tourist arrivals Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength ...