Kyriacos Nicolaou

Alpha Bank Cyprus on Tuesday announced a new deposit interest rate for private accounts over €50,000 that reaches up to 2.10 per cent. In their official announcement, the bank stated that private ...

The Research and Innovation Foundation’s (IDEK) Central Knowledge Transfer Office (CKTO) this week announced that it has started officially accepting applications from interested parties. “We encourage everyone who has ...

President Nikos Christodoulides on Tuesday addressed the Cyprus Shipping Chamber’s annual general meeting, praising the association for its efforts in boosting the local maritime sector, and consequently elevating the ...

Central Bank of Cyprus governor Constantinos Herodotou on Tuesday addressed the annual Nicosia Economic Congress, providing analysis and commentary on the country’s economy, both for the previous year, as ...

President Nikos Christodoulides on Tuesday delivered the keynote speech at this year’s Nicosia Economic Congress, focusing on his administration’s commitment to economic progress and development, while also acknowledging ...

Sebastian Ebel, the Chief Executive Officer of TUI, a leading tourism company, this week declared that the era of inexpensive flights has come to an end, noting, however, that Cyprus ...

Paphos is set to experience its best flight schedule in 30 years, according to Nasos Hadjigeorgiou, the head of the Paphos Regional Board of Tourism (Etap). In statements made to the ...

Interest rates for housing loans increased by 1.25 per cent in March 2023, compared to February 2023, according to the most recent data published by the Central Bank of Cyprus (CBC). The rise ...

The number of bad checks registered in Cyprus in April 2023 rose to 35, according to an announcement released on Monday by the Central Bank of Cyprus (CBC). The CBC’s data ...

New loans in Cyprus increased in March 2023, reaching a total of €922.5 million, up from €527.5 million in the previous month, according to data released by the Central Bank of Cyprus (CBC). ...

The value of real estate sold in Cyprus during the first quarter of 2023 reached €1.7 billion, according to a report released on Monday by the Department of Land and Surveys. In ...

Here are the top business stories in Cyprus from the week starting May 1: Credit rating agency DBRS Morningstar has acknowledged that the Cyprus government announced that it aims to achieve ...

Deputy Ministry eager to continue green and digital transition efforts, engaged with EU on sanctions With the implementation of the state’s action plan, combined with the quality services and ...

The world’s ecosystems are under threat, and businesses are increasingly recognising that managing nature-related risks is essential for their long-term sustainability. However, understanding and managing these risks can be ...

The number of registered unemployed in Cyprus decreased in April 2023, compared to the same month last year, according to a report released this week by the Cyprus Statistical Service (Cystat). ...

Economic outlook is optimistic, primarily driven by tourism and domestic activity While Cypriot economic growth is expected to remain strong, driven by tourism and domestic investment, the fiscal outlook is ...

Businesses across all industries are being advised to take action to control rising costs in the face of inflation, according to an analysis by PwC Cyprus’ Leonidas Stavropoulos and Nicos ...

The Cypriot government posted a surplus of €324.1 million for the first quarter of 2023, according to the preliminary fiscal results released this week by the Cyprus Statistical Service (Cystat). This figure ...

The performance of the Cypriot economy remains strong, despite a weakening of growth momentum in the last quarter of 2022, according to a report released this week by the Economics Research ...

The Paphos regional board of tourism (Etap) this week announced that it has successfully participated in a European programme for smart small-to-medium enterprises (SMEs), which will help to improve the ...

Greenspan Projects, a creative design and build specialist, on Wednesday, announced that it has been appointed to work on City of Dreams Mediterranean, a major project which will create one ...

AstroBank on Wednesday released its annual results for 2022, reporting strong profitability for the year, with net income reaching €12.2 million, and consequently increasing common shareholders’ equity to €203.7 million. According to ...

National investment promotion agency Invest Cyprus on Wednesday released a statement summarising its activities at the Delphi Economic Forum, where a number of actions and initiatives helped to showcase investment ...

Household assets in financial instruments amounted to €59.7 billion at the end of December 2022, according to an announcement by the Central Bank of Cyprus (CBC) released on Tuesday. According to the ...