Kyriacos Nicolaou

Cyprus’ net Foreign Direct Investment (FDI) position decreased further in 2021, with the dominant partner, both in terms of inward and outward FDI being Russia, according to a report released by ...

The household debt ratio in Cyprus stood at 77 per cent of GDP at the end of the third quarter of 2022, marking a slight decrease compared to the previous quarter, according ...

Deloitte Cyprus on Wednesday announced that it has signed a sponsorship agreement with the Cyprus Olympic Committee (Koe), valid until the end of 2024, the year of the Paris 2024 Olympic Games. ...

The overall solvency ratio of the Cypriot banking sector stood at 21.2 per cent at the end of September 2022, its highest level since the Central Bank of Cyprus (CBC) began collecting ...

Cypriot airline TUS Airways announced on Wednesday a record number of passengers in 2022, with an increase of more than 1,100 per cent across the entire network compared to 2021. In its announcement, ...

Cyprus-based Gear Education, an education technology solutions company, announced on Wednesday that it has entered into an official partnership with software company Alma as a reseller to schools and organisations ...

The Cyprus University of Technology (Tepak) and the Open University of Cyprus on Tuesday announced that they have signed a cooperation agreement for the design and launch of a new ...

The Cyprus Securities and Exchange Commission (CySEC) announced that there was an increase in the number of Management Companies and Undertakings of Collective Investments (UCIs) during the third quarter of 2022, ...

The outgoing government is handing over a healthy and robust economy, with prospects for further growth and development in the current years, Finance Minister Constantinos Petrides said during a presentation ...

Alpha Bank Cyprus on Tuesday announced that its board of directors has decided to appoint Miltos Michaelas as the bank’s new chief executive officer (CEO). The bank explained that ...

Advisory and consulting firm PwC Cyprus on Monday released a report detailing the prevailing trends in terms of mergers and acquisitions across the world throughout the coming year. According to ...

The Council for Registration of Real Estate Agents on Monday that Marinos Kineyirou was re-elected as council president. “I am particularly happy because Cyprus’ real estate community, almost in its ...

Counterfeit euro banknotes withdrawn from circulation in Cyprus reached 451 in 2022, marking an increase of 113.7 per cent compared to the previous year, according to an announcement made by the Central Bank ...

Compliance and data sovereignty are now considered to be strong factors in the way businesses and organisations make decisions about their digital and technology strategies, according to a survey conducted ...

The economic sentiment in Cyprus improved in January 2023, with the Economic Sentiment Index (ESI) increasing by 0.9 points compared to December 2022, according to a report released on Friday by the Centre ...

Petrol station sales in Cyprus marked a decrease of 7.5 per cent in December 2022, compared to the corresponding month of 2021, according to data released on Friday by the Cyprus Statistical Service (...

Deposits in the Cypriot banking system experienced an increase of approximately €590 million in December 2022, with their total balance exceeding €52 billion, according to a report published on Friday by the Central ...

Cyta celebrated the connection of its 100,000 customers to its island-wide Cyta Fibre network by offering 100 months of free internet to Andreas Michael from Geroskipou, the customer with connection number 100,000. Having ...

The Cyprus Securities and Exchange Commission (CySEC) this week released the findings of a study seeking to identify the behaviour and habits of European investors. particularly with the increased use ...

Shipping Deputy Minister Vassilios Demetriades this week provided a summary of the work that has been implemented under his watch, saying that Cyprus’ shipping sector has been making the country ...

Could taxing idle properties be the answer to the market’s inability to meet demand? The city of Limassol could have an additional 8,000 apartments, with many swathes of land currently ...

The Paphos Chamber of Commerce and Industry (Evep) on Wednesday said that foreign investments in the district have exceeded €15 million in total. According to statements made by chamber secretary and ...

Port management company DP World Limassol and the Cyprus University of Technology (Tepak) on Wednesday announced that they signed a cooperation agreement during a special ceremony held at the university’...

The domestic bonds issued by the Republic of Cyprus started 2023 with an increase, reflecting ongoing high inflation and the upward trend of key interest rates that is currently prevailing across ...