Kyriacos Nicolaou

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 ...

The assets of investment funds in Cyprus recorded a 16 per cent increase in September 2025, compared with the same month in 2024, the Central Bank of Cyprus (CBC) said on Friday. The ...

Demetra Holdings Plc on Friday announced that it completed a buyback of its own shares in accordance with regulatory approvals and its annual general meeting authorisation. “At the session of ...

Logicom Public Ltd on Friday announced that the total voting rights held by a major shareholder have increased following recent acquisitions of company shares. “Total percentage of voting rights incorporated ...

Astrobank Public Company Limited will see its bonds delisted from the Cyprus Stock Exchange (CSE) following early redemption, the company and the exchange announced on Friday. The delisting affects bonds ...

Logicom Public Ltd has announced that its board of directors will meet on November 27, 2025, to review the company’s latest financial updates. The board will examine, among other matters, the ...

Petrolina (Holdings) Public Ltd announced new leadership appointments and a second interim dividend during its board of directors meeting on Friday, November 14. The board convened at 10:30 a.m. at the ...

The European Union’s greenhouse gas emissions fell slightly in the second quarter of 2025, with Cyprus among the few countries achieving a combination of lower emissions and economic growth. Specifically, ...

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 ...

Cyprus is uniquely positioned to develop a strong and competitive capital market, provided that the country approaches the privatisation of the Cyprus Stock Exchange (CSE) in a strategic and inclusive ...