Kyriacos Nicolaou

Cyprus’ tourism revenue experienced a slight decline in January 2024, when compared to January 2023, while per capita tourist spending saw an increase, according to a report released by the Cyprus Statistical ...

Inflation in Cyprus witnessed a significant deceleration in March 2024, recording the lowest rate of increase in nearly three years, standing at 1.2 per cent year-on-year. This downturn primarily stems from a ...

Cypriot authorities must capitalise on the economy’s robust performance and promote structural changes that will further unlock the country’s potential growth and development outlook, an official of the ...

The Central Bank of Cyprus (CBC) on Thursday reported an increase in bounced cheques during the first quarter of 2024, when compared to the same period of the previous year. According ...

Beneficiaries in the mortgage-to-rent scheme are being extended to further aid the financially vulnerable, cabinet decided on Wednesday. Announcing the decision, Finance Minister Makis Keravnos said the move aims to “...

The Consumer Price Index (CPI) in Cyprus exhibited a yearly growth rate of 1.6 per cent in March, a decline from the 2.1 per cent recorded a month earlier, according to Eurostat’...

The Cyprus Association of Nursing Home Owners has decided to become a member of the Cyprus Chamber of Commerce and Industry (Keve), according to a statement released this week. According ...

The Cyprus Chamber of Commerce and Industry (Keve) in collaboration with the Ministry of Energy, Commerce, and Industry this week announced the start of applications for the latest edition of ...

The Cyprus Borrowers Association (Syprodat) this week released a statement expressing appreciation for the government’s third support package aimed at alleviating the burden on vulnerable groups, while also noting ...

The government is moving towards imposing rents on state-owned properties based on usage rather than market value, in an attempt to resolve any discrepancies observed in industrial areas and zones, ...

Serious concerns were raised on Tuesday over whether the company assigned to take on the expansion and restoration of Larnaca port will be able to complete the works. The company, ...

The Cyprus Statistical Service (Cystat) on Tuesday released a report showing an increase in the average gross monthly earnings of employees during the fourth quarter of 2023, when compared to the ...

Cablenet has broken the 10 per cent market share barrier in mobile contract subscriptions, climbing to third position, according to a report published by the Office of the Commissioner for Electronic ...

Rent control in Cyprus has turned into a cumbersome obstacle, casting a shadow over the local property market and stifling both development and investment opportunities, according to the Cyprus Real ...

Cyprus’ Deputy Ministry of Tourism has announced a scheme to sponsor experiential workshops in traditional crafts, agricultural and livestock product processing, and gastronomy, in order to boost rural tourism. As ...

The Department of Agriculture, under the Ministry of Agriculture, Rural Development, and Environment, has unveiled the 7th Call for Applications from April 2, 2024, to June 14, 2024, for the subsidy scheme aimed at ...

The Cyprus University of Technology (Tepak) and the Famagusta Chamber of Commerce (Evea) jointly organised a lecture on artificial intelligence (AI). According to a statement about the event, which took ...

Capital Intelligence Ratings (CI Ratings) has revised its long-term foreign currency rating (LT FCR) outlook for the Republic of Cyprus from stable to positive, while affirming the country’s LT ...

Cyprus’ main exports for 2023 included minerals, oil, halloumi cheese, and pharmaceutical products, according to a report by the state’s statistical service (Cystat). The report revealed that Cyprus exported domestically ...

The fleet of vessels registered under the Cypriot flag has seen a significant increase of approximately 5.5 per cent, equivalent to about 1.1 million tonnes, over the past six months, according to ...

CBC governor Constantinos Herodotou on Friday addressed the “Digital Financial Literacy: the Way Forward” conference, held by the Central Bank of Cyprus (CBC). The conference aimed to explore the multifaceted ...

The Paphos Regional Tourism Board (Etap) recently completed a survey revealing that the district has a capacity of approximately 20,000 beds, across 6,000 self-catering accommodation units, which includes villas, houses, and apartments. ...

The Central Bank of Cyprus (CBC) has decided to maintain the countercyclical buffer rate at 1 per cent, with effect from June 2, 2024. According to a statement by the CBC, “in accordance ...

The fleet of vessels registered under the Cypriot flag has seen a significant increase of approximately 5.5 per cent, equivalent to about 1.1 million tonnes, over the past six months, according to ...