Kyriacos Nicolaou

The European Commission on Monday fined e-commerce platform AliExpress €550 million after finding that it failed to properly assess and reduce risks linked to illegal, unsafe and counterfeit products sold through ...

The Cyprus Securities and Exchange Commission (CySEC) has welcomed a follow-up review by the European Securities and Markets Authority (ESMA) that recognised significant improvements in the supervision of cross-border activities ...

The board of directors of Petrolina (Holdings) Public Ltd met on Monday at the company offices in Larnaca to decide on the distribution of an interim dividend for the current ...

Cyprus-based fintech and iGaming companies expanding abroad are underestimating cyber risks, according to Andrey Leskin, CTO at Qrator Labs, who warned that firms entering high-growth regions may face targeted digital ...

Cyprus’ pledge to deliver 10,000 new homes marks an important step towards tackling the country’s housing challenges, but meaningful progress will ultimately depend on whether the country can create the ...

Mitsides Public Company Limited has approved a final dividend of €0.05 per share, totalling €410,000 from the profits of the 2023 financial year, during the eighteenth annual general meeting held on July 17, 2026. According ...

Demetra Holdings announced on Monday that it repurchased 4,960 of its own shares following a board session held on July 17, 2026. The company executed this buyback at a price of €1.53 per share. ...

Eurobank announced on Monday that it has repurchased a total of 2,907,000 shares between July 13, 2026, and July 17, 2026, as part of its ongoing share buyback programme. The bank carried out these transactions ...

The Housing Finance Corporation (HFC) has launched a tender for external advisory services to support the sale of a non-performing loan (NPL) portfolio estimated at around €135 million, a move its ...

The University of Cyprus and the Association of Cyprus Banks (ACB) recently signed a memorandum of understanding establishing a structured framework for cooperation in education, research, innovation and stronger links ...

Large technology firms are increasingly encroaching on traditional banking, prompting the International Monetary Fund (IMF) to demand a comprehensive overhaul of how these conglomerates are policed to ensure global financial ...

Global shipments of desktops, notebooks and workstations declined by 3.6 per cent year on year in the second quarter of 2026 as rising memory and storage costs disrupted the PC market, according ...

Global smartphone shipments fell by 4 per cent year-on-year in the second quarter of 2026 as an ongoing memory crisis disrupted supply chains and pushed up component costs, according to the latest ...

Tourist arrivals to Cyprus fell by 1.7 per cent in June, according to figures released by the Cyprus Statistical Service (Cystat) on Friday, although the monthly decline was markedly smaller than ...

The European Commission and the High Representative for the Common Foreign and Security Policy published a joint report this week, detailing the implementation of the Generalised Scheme of Preferences (GSP), ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday announced that it had granted an exemption from mandatory takeover offer requirements linked to a planned share buyback programme by the ...

Business leaders, policymakers and other stakeholders met on Friday at a roundtable organised by the American Chamber of Commerce in Cyprus (AmCham Cyprus) to discuss the country’s national artificial ...

Food trucks in Cyprus used to be linked with one item: sandwiches. In fact, even the term ‘food truck’, which now finds itself inserted seamlessly in spoken Greek, is a ...

Cyprus’ tourism sector has returned to a stable trajectory despite June tourist arrivals declining by 1.7 per cent, Deputy Minister of Tourism Kostas Koumis said on Friday, following the release of ...

Eurobank announced on Friday that it has been named Cyprus’ best bank for 2026 by international financial publication Euromoney, while also receiving the award for best bank for large corporates at ...

Tourist arrivals to Cyprus fell by 1.7 per cent in June, according to figures released by the Cyprus Statistical Service (Cystat) on Friday, although the monthly decline was markedly smaller than ...

Cyprus’ annual inflation rate accelerated to 4.1 per cent in June 2026, significantly outpacing both the euro area and European Union averages, according to figures released on Friday by the Cyprus Statistical ...

The European Commission issued two sets of binding specification measures to Google this week, under the Digital Markets Act, in order to foster greater competition in the digital sector. These ...

Preventing homelessness and improving access to affordable housing took centre stage in Brussels this week, as the European Parliament’s Employment and Social Affairs Committee (EMPL) examined new European Union ...