Kyriacos Nicolaou

Tourism revenue in Cyprus reached €399.7 million in August 2022, compared to €272.5 million recorded in August 2021, marking an increase of 46.7 per cent, according to a report released this week by the Cyprus ...

Minister of Energy, Commerce and Industry Natasa Pilides this week said that Cyprus’ business community continues to carry on unabated, displaying great resilience, despite the numerous exogenous challenges it faces. ...

The Central Bank of Cyprus (CBC) on Monday released a report on household debt in Cyprus, with the current figure standing at €20.1 billion at the end of June 2022, with the ...

The Association of Cyprus Tourist Enterprises (Stek) on Monday warned that soaring energy costs will have an extremely negative impact on the Cypriot tourist industry, stressing that it will severely ...

Companies and organisations are expected to invest a total of $3.4 trillion to fund their digital transformation strategies by 2026, according to a report released this week by market research company International ...

Government strategy to attract foreign talent and digital nomads viewed as a success The Civil Registry and Migration Department this week said that it has received 9,090 applications for relocation from ...

The total sales of petroleum products in Cyprus experienced a small increase of 0.9 per cent year-on-year in September 2022, with sales from gas stations recording a decrease of 6 per cent year-on-year, ...

The economic sentiment in Cyprus improved slightly in October 2022, with the Economic Sentiment Index (ESI) increasing by 0.4 points compared to September 2022. According to a statement released this week by the ...

The Cyprus Hotels Association (Pasyxe) on Thursday welcomed the cabinet’s decision to approve a €165 million incentive plan for airlines for the period 2023-2027, whose primary objective is to bring ...

PwC Cyprus CEO Philippos Soseilos this week explained that the correct application of environmental, social and governance (ESG) criteria in the shipping industry requires a holistic approach by the companies ...

The total amount of deposits in the Cypriot banking system reached the highest level of the last nine years in September 2022, while loans stood at a five-month low, according to ...

Council for Registration of Real Estate Agents president Marinos Kineyirou this week said that the domestic property market continues to exhibit great resilience, although he conceded that the various concurrent ...

Cyprus’ trade deficit reached €4.4 billion for the period between January and July 2022, compared to €3.2 billion for the corresponding period of 2021, according to the finalised data by the Cyprus Statistical Service (...

Finance Minister Constantinos Petrides on Wednesday said the decision on a possible foreclosure suspension now lies with the House, warning, however, that amidst rising rates, there is a danger that ...

Cypriot mining company Venus Minerals on Tuesday released a statement explaining that Cyprus can help the European Union achieve its raw material strategic objectives by providing it with copper. “The ...

There was an increase of more than €19.5 million in the cost of overtime and allowances paid by the Republic of Cyprus in 2021, after the relaxation of restrictive measures that had ...

In 2021, a total of 282 social care programmes by NGOs received more than €12.7 million in government support, helping them to partially cover their operating costs, Deputy Minister of Social Welfare Anastasia ...

Turkish President Tayyip Erdogan has called on Islamic leaders to unite in the face of attacks against the Muslim population in Cyprus. Speaking at the Islamic conference of information ministers ...

A week-long informational and policing campaign focusing on trucks and buses, held between October 10 and 16 saw more than 200 fines being handed out, police said on Saturday. The campaign, which was ...

Police have reportedly proceeded with charging the owner of the crossbreed Savannah cat that died in August of this year after undergoing surgery while in the care of authorities over ...

Vaccines are one of humanity’s most effective weapons against a rising number of illnesses, helping to safeguard public health, director general of the health ministry Christina Yiannaki said on ...

The acts of violence that have recently been recorded at a Limassol high school were on Saturday condemned by the Pancyprian Federation of Parents’ Associations, which said they tarnish the ...

International rating agency Capital Intelligence on Saturday announced that it has upgraded the long-term rating of Cyprus in foreign currency to “BBB-“, from “BB+”. At the same time, the agency ...

A campaign to promote breastfeeding in Cyprus was launched by the health ministry on Saturday. The campaign aims to inform about the benefits of breastfeeding for both the mother and ...