Kyriacos Nicolaou

The value of bounced cheques in Cyprus saw a significant decline in 2024, dropping by €1.15 billion to €617,873. This compares to €1.77 million in 2023, according to figures released on Friday by the Central ...

Hermes Airports CEO Eleni Kaloyirou on Friday said that Cyprus needs to adapt to evolving travel trends and transportation demands, particularly as climate change and shifting traveller preferences reshape the ...

Demetra Holdings shareholders have approved a resolution to sell the company’s shares in Hellenic Bank to Eurobank, according to an official statement released on Friday. The statement, which was ...

Cyprus recorded the highest monthly increase in retail turnover among EU member states in November 2024, according to preliminary data released on Thursday by Eurostat. Retail turnover in Cyprus grew by 2.3 ...

Cyprus’s trade deficit fell by €769 million in the first 11 months of 2024, reaching €7.14 billion compared to €7.91 billion in the same period of 2023, according to preliminary data from the statistical service. ...

The Central Bank of Cyprus (CBC) announced this week that it has started to accept instant payments on behalf of itself and its clients, including certain government departments and state ...

Limassol’s mayors and business leaders convened this week to discuss their demands for increased state funding and a “sharper strategic focus” from the government. They argued that Limassol, a ...

Beer deliveries in Cyprus grew by 1.8 per cent in 2024, reaching a total of 42.9 million litres, according to figures released on Thursday by the Cyprus Statistical Service (Cystat). Domestic beer deliveries ...

The Cyprus Securities and Exchange Commission (CySEC) this week issued a warning to investors regarding ten websites that are not authorised to provide investment services or perform investment activities. The ...

Hellenic Bank on Thursday announced that its annual HB EmPOWERment Talks initiative successfully concluded for the second consecutive year. The bank explained that this series of talks aims to support ...

Cyprus posted a historically high surplus of €1.42 billion between January and November 2024, equivalent to 4.2 per cent of GDP, according to preliminary data from the Cyprus Statistical Service (Cystat). This marks ...

Cyprus posted a historically high surplus of €1.42 billion between January and November 2024, equivalent to 4.2 per cent of GDP, according to preliminary data from the Cyprus Statistical Service (Cystat). This marks ...

The Central Bank of Cyprus (CBC) reported on Tuesday a decline in most deposit and lending rates in November, except for loans to non-financial corporations exceeding €1 million, which recorded an ...

The Economic Sentiment Index (ESI) in Cyprus recorded a modest improvement in December 2024, rising by one point compared to November, according to the Economics Research Centre of the University of ...

The Economic Sentiment Index (ESI) in Cyprus recorded a modest improvement in December 2024, rising by one point compared to November, according to the Economics Research Centre of the University of ...

Cyprus’ international investment position (IIP) showed slight improvement during the third quarter of 2024, according to a report released this week by the Central Bank of Cyprus (CBC). The IIP recorded ...

Cypriot retailers are gearing up for a wave of winter sales starting this week, following a robust holiday shopping season. While there is no formal or set sales period, it ...

The Cyprus Productivity Centre (CPC) announced on Tuesday that it is organising a series of free digital skills training programmes. The programmes, which are open to everyone, will run from ...

The Cypriot property market fared well in 2024 despite challenges, which are expected to continue into 2025, according to Cyprus Real Estate Agents Registration Council president Marinos Kineyirou. Speaking to local outlet ...

The Association of Cyprus Banks on Monday announced that interbank and cross-border transactions will soon be completed in just 10 seconds, with the service being available round-the-clock. The new service will ...

The cybersecurity sector is poised for a shift in perception regarding artificial intelligence (AI) in 2025, according to Andrey Leskin, CTO of Qrator Labs. “Over the past two years, there have ...

Cyprus’ ten most expensive property sales during November reached a total value of €24 million, according to real estate analytics firm Ask Wire. The highest-value sale occurred in Limassol, involving offices ...

Industrial turnover in Cyprus increased by 1 per cent in October 2024 compared to the same month in 2023, according to the Cyprus Statistical Service (Cystat). In its latest industrial turnover report, released ...

Cyprus’ ten most expensive property sales during November reached a total value of €24 million, according to real estate analytics firm Ask Wire. The highest-value sale occurred in Limassol, involving offices ...