Kyriacos Nicolaou

Recent reports in the Daily Express about a supposed “panic” in Cyprus’ tourism industry due to a “huge drop” in bookings have been deemed outdated and sensationalist by local industry ...

The Cyprus Securities and Exchange Commission (CySEC) on Wednesday announced important updates related to its anti-money laundering (AML) exams for certified persons. The exams are designed to confirm that individuals ...

The Bank of Cyprus has received two accolades recognising its corporate responsibility at the Boussias Cyprus Responsible Awards 2023, according to a statement released on Wednesday by the bank. Specifically, the ...

Pedalion Yachting, a luxury yachting company based in Cyprus, on Wednesday announced a new partnership with Italian boatmaker Comitti Yachts. According to the announcement, “this collaboration introduces the elegant and ...

The Cyprus Borrowers Association (Syprodat) this week said that it has initiated discussions with various political parties, aiming to explore the possibility of proposing a law to address the issue ...

Non-performing loans (NPLs) in the Cypriot banking sector remained virtually unchanged in May, totalling €1.77 billion compared to €1.80 billion the previous month, according to a report released this week by the ...

Despite numerous challenges, the Cyprus real estate market has shown resilience in the first half of 2024, with a notable increase in activity, according to the Cyprus Real Estate Agents Registration ...

The annual growth rate of Cyprus’ Composite Leading Economic Index (CCLEI) remained unchanged in June, according to a report released this week by the University of Cyprus’ Economics Research Centre (...

For the second consecutive month, the interest rate on short-term bonds issued by the Republic of Cyprus has declined, with increased demand compressing the offered yields. According to data released ...

The Cyprus Consumers Association (CCA) this week reported a significant increase in consumer complaints during the first half of 2024, particularly in terms of passenger rights and organised travel. Complaints related ...

Despite numerous challenges, the Cyprus real estate market has shown resilience in the first half of 2024, with a notable increase in activity, according to the Cyprus Real Estate Agents Registration ...

The EAC is moving forward with securing large plots of state land for building more photovoltaic (PV) parks, Electricity Authority director George Petrou said on Monday. “People have come forward ...

Investment firm ECM Partners, whose Cypriot presence is based in Nicosia, and private fund manager Metric Capital Partners announced on Monday that they have agreed to sell a majority stake ...

The European Central Bank (ECB) recently kept interest rates at their current levels but indicated that the September meeting is “wide open” as it downgraded its economic outlook for the ...

The Cyprus Mail recently interviewed Roman Gurskiy and Kirill Gurskiy, managing directors of GEM Capital, to explore their journey from EY to GEM Capital, their investment strategies, and why Cyprus ...

The Bank of Cyprus on Monday announced a revision to its privacy statement in alignment with the European Union’s general data protection regulation (GDPR) and relevant national legislation. The ...

The Cyprus Mail recently sat down for an interview with Roman Gurskiy and Kirill Gurskiy, managing directors of GEM Capital, to delve into their transition from EY to GEM Capital, ...

Yiannis Kotzias, general manager of operations of residential rental platform Phaedrus Living, has come to the defence of short-term rental properties, amidst a wave of criticism aimed at the sector. ...

Hellenic Bank’s board of directors on Friday issued a statement regarding the public offer made by Greece’s Eurobank to acquire the entirety of its share capital, deeming the ...

The European Central Bank (ECB) on Friday reported that the value of Cypriot bonds held under its Eurosystem portfolio decreased to €6.46 billion. This reduction primarily stems from bond maturities through ...

The added value of Cyprus’ construction sector at current prices increased by 8.9 per cent in 2022, reaching €1.44 billion, up from €1.32 billion in 2021, according to the findings of the Construction and Land ...

Hellenic Bank’s board of directors on Friday issued a statement regarding the public offer made by Greece’s Eurobank to acquire the entirety of its share capital, deeming the ...

The Cyprus Investment Funds Association (CIFA) on Friday expressed satisfaction with the increase in Assets Under Management (AUM) of Cypriot investment funds. According to the latest data released this week ...

Tourism revenue in recent years, despite its high levels, has decreased compared to previous decades when adjusted for inflation, according to the Association of Cyprus Tourist Enterprises (Stek). During a ...