Kyriacos Nicolaou

State-owned asset management company Kedipes announced on Friday that a €60 million cash payment was made on June 26, as previously mentioned in the company’s most recent operational management progress report ...

Industrial production in Cyprus recorded an 8.2 per cent increase year-on-year during April 2024, according to a report released this week by the Cyprus Statistical Service (Cystat). The Industrial Production Index for ...

The economic climate in Cyprus improved slightly in June, with the Economic Sentiment Indicator (ESI) rising by 0.6 points compared to May 2024, according to a report released this week by the ...

With third country nationals receiving their work permits earlier through expedited procedures, the tourism industry is fully staffed and ready for the summer wave of tourists. Labour Minister Yiannis Panayiotou ...

Demetra Holdings’ annual general meeting on Thursday saw chairman George Kourris reaffirming the company’s significant position in Hellenic Bank, describing it as a strategic choice amidst ongoing financial successes. ...

Deposits and loans in the Cypriot financial system both experienced an increase in May of this year, according to a report released this week by the Central Bank of Cyprus (...

Total oil product sales in Cyprus saw a marginal year-on-year decrease of 0.2 per cent in May, while sales during the first months of the year are up compared to 2023, according ...

Workers are increasingly embracing artificial intelligence (AI) and prioritising skills growth amidst rising workloads and an accelerating pace of change, according to the results of a survey shared by consulting ...

June saw a muted start for the hotel industry in the Paphos district but has shown some improvement as the month progressed, according to the president of the Paphos Hoteliers ...

The Cyprus Securities and Exchange Commission (CySEC) on June 25 approved the publication of the Public Offer Document for the acquisition of up to 100 per cent of Hellenic Bank’s issued ...

The Cyprus Securities and Exchange Commission (CySEC) on Wednesday released a consultation paper (CP-01-2024) inviting stakeholders to provide feedback on proposed fees and information requirements for entities falling under ...

The challenges and trends of the primary sector, which concerns activities that typically provide raw materials for further processing, were discussed at the 7th Pan-Cyprian Dairy, Agriculture, and Livestock Conference, ...

AstroBank has been named the Best Private Bank in Cyprus for 2024 at the Global Private Banking Innovation Awards, according to an announcement by the bank released on Wednesday. The announcement ...

June saw a muted start for the hotel industry in the Paphos district but has shown some improvement as the month progressed, according to the president of the Paphos Hoteliers ...

The Bank of Cyprus has been awarded the prestigious “Best Financial Institution Bond in Southeast Europe” by the business periodical EMEA Finance, for its highly successful issuance of Additional Tier 1 (...

Deputy Minister of Shipping Marina Hadjimanolis announced at the Cyprus International Business Association (CIBA) forum on Tuesday that the fleet of Cypriot-flagged ocean-going vessels has grown for the first time ...

The potential sale of a substantial stake in the Bank of Cyprus’ equity, along with geopolitical developments, took centre stage at the Cyprus International Business Association (CIBA) forum, which took ...

Ariana Resources, which owns 61 per cent of UK-registered Venus Minerals, which focuses on copper-gold assets in Cyprus, has announced its final audited results for the year ended December 31, 2023. The AIM-listed ...

The University of Cyprus (UCY) will host its first Twin4Merit summer school from September 2-10, 2024, in Nicosia, according to an official announcement released on Tuesday. The event, part of ...

Cyprus has demonstrated flexibility in choosing its timing to enter the markets for the issuance of a 7-year bond, which sought to raise €1 billion, according to investment firm Athlos Capital. ...

Alpha Services and Holdings S.A. (Alpha Holdings) has denied recent media reports claiming that the company is in negotiations to acquire a stake in the Bank of Cyprus Holdings ...

The Finance Ministry has been spurned into action by the news reported by Bloomberg that AB CarVal Investors and Caius Capital are interested in selling their shares in the Bank ...

The Cyprus Composite Leading Economic Index (CCLEI), constructed and estimated by the Economics Research Centre of the University of Cyprus (CypERC), saw a marginal increase of 0.1 per cent in May 2024. ...

Hotel occupancy rates in the Famagusta district during the Kataklysmos holiday weekend are expected to be at satisfactory levels, ranging between 80 to 90 per cent, according to Famagusta Hoteliers Association president (...