Kyriacos Nicolaou

Earlier this year, MUFG Investor Services, the asset servicing arm of one of the largest global banks in terms of assets, announced its intention of setting up a new operational ...

The Association of Large Developments (Sma) on Friday said that Cyprus should strive to become an international development and business centre, noting that large projects have been the cornerstone of ...

The Cyprus Statistical Service (Cystat) on Friday released its latest tourism report showing that 315,018 tourists arrived in Cyprus in May 2022, a 212.3 per cent year-on-year increase. The number of arrivals stood ...

The Institute of Certified Public Accountants (Selk) on Thursday submitted a six-part plan to further develop the Cypriot economy and businesses. “Maintaining the strength of our economy does not depend ...

Finance Minister Constantinos Petrides told attendees at a SEK trade union conference that Cyprus is entering a new era “where the only certainty is uncertainty”. During his speech, the Finance ...

The Cyprus economy and competitiveness council on Wednesday recommended the establishment of a new deputy ministry for the environment and sustainability. The recommendation for the creation of a new deputy ...

The cabinet of ministers this week approved a bill amending the income tax law so that the existing tax exemption for the amount of investment in an approved small-to-medium innovative ...

The Cyprus Ports Authority (Alk) on Wednesday said that the commercialisation of the Larnaca port has been one of the most important events that took place in the Cyprus maritime ...

The International Air Transport Association (IATA) on Tuesday said that the aviation industry’s sustainability efforts need to be further supported through extensive incentive schemes. The incentives, the association explained, ...

Zavos Group chief executive Michalis Zavos this week said that Limassol is experiencing a surging demand in rental properties, with office space being particularly sought after. “The problem lies in ...

State-owned asset management company Kedipes announced on Monday that it repaid €100 million in state aid during the second quarter of the current year. Following the latest tranche, Kedipes’ state aid ...

RCB Bank on Monday announced that the sale of Tranche B of its performing loan portfolio to Hellenic Bank has been successfully completed. This follows the original statement released on ...

The Cyprus Chamber of Commerce and Industry on Monday announced that the UCLan Cyprus University has signed a Memorandum of Understanding (MoU) with the Cyprus Commercial Representatives Association (CCRA). The ...

The Cyprus Computer Society earlier this week announced that it will hold the fifth iteration of its Robotex Pancyprian Robotics Competition. The competition will take place on the weekend of ...

Limassol Chamber of Commerce and Industry (Evel) president Andreas Tsouloftas on Thursday expressed optimism about Limassol’s prospects, despite the challenges posed by high inflation and the war in Ukraine. ...

Alphamega Hypermarkets CEO George Theodotou earlier this week told attendees at the Cyprus Grocery Retail conference that the sector is currently facing unprecedented challenges. The executive explained that soaring inflation, ...

Cypriot company Tototheo Maritime, a leading maritime technology integrator and provider, announced on Thursday recently inaugurated its new office in Bremen, Germany. Headquartered in Cyprus, Tototheo Maritime has been offering ...

Though there is a misperception that negative criticism implies honesty, I am delighted when things align in such a way that an experience is overwhelmingly positive. Our visit to French ...

Minister of Energy, Commerce and Industry Natasa Pilides on Wednesday said that Cyprus is in favour of exploiting regional gas reserves in a sensible, effective and legal way. “As we ...

The Cyprus Statistical Service (Cystat) on Wednesday reported that there was an increase in job vacancies during the first quarter of 2022 when compared to the corresponding period of 2021. According to ...

Transport Minister Yiannis Karousos on Tuesday told attendees at the Flight Safety Foundation conference that Cyprus’ first quarter international arrivals almost reached 80 per cent of those in 2019. The conference examined ...

Limassol port management company DP World Limassol on Tuesday said that its aim is to re-establish Cyprus as a key cruise hub in the Eastern Mediterranean. Speaking at the 2nd ...

Cyprus has moved to deepen its business and research ties with Saudi Arabia through the visit of an official delegation to the Kingdom between June 5 and June 8. The delegation involved ...

The National Guard on Saturday announced that the Nikitis-Dimitra 2022 military exercise was successfully concluded. The exercise was large-scale and was conducted on land, sea and air. Government agencies and services ...