Kyriacos Nicolaou

Cyprus’ government deficit fell to €409.1 million or 1.8 per cent of GDP in 2021 in 2021, primarily due to the impressive 16 per cent increase in revenues, according to a preliminary report released by ...

The foldable smartphone market is expected to grow massively in the coming years, exceeding 30 million units by 2024, according to a report released this week by technology analysts Canalys. “The key ...

Non-performing loans (NPLs) remained virtually unchanged in November, reaching € 4.24 billion from € 4.26 billion the previous month, according to a report by the Central Bank of Cyprus released on Friday. In contrast, ...

Targeted actions are being taken to promote Cyprus in the United Arab Emirates, including an event held in collaboration with the Abu Dhabi Chamber of Commerce & Industry, national promotion ...

Cypriot financial technology company WiRE, which specialises in the property market, generating analysis, business insights and data reports, announced on Wednesday the successful completion of its seed funding round. The ...

Port management company DP World on Wednesday hosted Cypriot officials at its flagship terminal Jebel Ali Port in Dubai. Attending the site were Transport Minister Yiannis Karousos and Shipping Deputy ...

This Limassol establishment’s self-appointed cafe moniker is somewhat misleading. While the decor alludes to more casual places, and indeed the overall vibe is relaxed enough to make you feel ...

Real estate agents being granted access to property price data is beneficial to property buyers, Council for Registration of Real Estate Agents president Marinos Kineyirou said on Wednesday. This refers ...

Cyprus’ booth at the Dubai Expo 2020 utilises a hologram of the goddess Aphrodite to greet guests, while special sensors filled the space with scents from the island, including jasmine and ...

The coronavirus pandemic has had less of an adverse on mergers and acquisitions across the world, according to a report on global trends by professional services network Lex Mundi. “The ...

President Nicos Anastasiades will oversee the signing of a number of partnership agreements, in the form of Memoranda of Understanding (MoU), between the Republic of Cyprus and the United Arab ...

The Bank of Cyprus posted an after-tax profit of €30 million and a profit after tax and before non-recurring items of €91 million in its financial results released on Monday. “2021 saw a ...

The government wishes to increase the stature and sales of Cypriot wines, both internationally and domestically, Disy leader Averof Neophytou said on Monday in an address to an event examining ...

The digital transformation of the Housing Finance Corporation, including to its internet banking services, is underway and scheduled to be completed by 2023, acting general manager Vassiliki Vassiliou said on Sunday. ...

The Cyprus Investment Promotion Agency, commonly known as Invest Cyprus, has entered a collaborative initiative with counterparts from 16 other EU member states seeking to attract technology industry employees to their ...

Cyprus’ representation at the Egypt Petroleum Show (EGYPS) in Cairo, which concluded on Wednesday, was a success, national promotion agency Invest Cyprus said on Friday. The agency said that Cyprus’ ...

Revenues from tourism amounted to €1.46 billion in the period between January and November of 2021, a report by the Cyprus Statistical Service (Cystat) released on Friday revealed. The revenue reported reflects ...

Finance Minister Constantinos Petrides on Friday met with the Association of Cyprus Banks, discussing the issue of loans being mislabeled as non-performing, Estia scheme appeals, as well as non-viable borrowers, ...

The budget of the Cyprus Ports Authority for 2022 is projected to have a marginal surplus, the authority said on Thursday. The budgeted revenues of the Authority are expected to reach €30,460,125 ...

The Ministry of Energy, Commerce and Industry on Thursday announced a range of programmes to support households and businesses, worth €158 million in total, scheduled for launch throughout 2022. During a presentation ...

The Cyprus Chamber of Commerce and Industry (Keve) and the Cyprus International Institute of Management (CIIM) on Wednesday signed a Memorandum of Cooperation, seeking to deepen their partnership, promote sustainable ...

The coronavirus pandemic resulted in a nationwide decline in turnover, profits and liquidity of small-to-medium-sized businesses (SMEs), but without a commensurate reduction in employee numbers, according to a collaborative study ...

Despite the recent improvement across a number of economic performance indicators, Association of Large Investment Projects president Andreas Demetriades on Tuesday called for a concerted response and an immediate course ...

The Cyprus Development Bank (CDB) on Monday announced the launch of a new business loan scheme that takes into account environmental aspects for business and other professional facilities. The scheme ...