Kyriacos Nicolaou

The Paphos Regional Tourism Board (Etap) this week announced that through its commitment to boost the sector in the district, it has proceeded with an initiative of enhancing the ‘Paphos ...

The Cyprus Statistical Service (Cystat) on Tuesday released a report showing a notable decrease in the number of registered unemployed individuals for the month of August 2023, both on an annual ...

Here are the top business stories in Cyprus from the week starting August 28: Hellenic Bank announced on Wednesday that it posted a profit of €160.2 million during the first half of 2023, ...

International credit rating agency Standard and Poor’s Global Ratings has upgraded the prospects of the Cypriot economy from stable to positive, citing the ongoing macroeconomic stabilisation. At the same ...

An emergency meeting convened by President Nikos Christodoulides on Saturday acknowledged the police’s failure to contain the far-right racist attacks that erupted in Limassol the previous night. In hours ...

The official inauguration of the American University of Beirut (AUB Mediterraneo) in Paphos is set to take place on Wednesday, at the Paphos Innovation Centre. AUB Mediterraneo, a branch of ...

Net new loans in Cyprus showed a modest recovery in July 2023, reaching €300.5 million compared to €240 million in the previous month. For the period from January to July, net new loans ...

Thirteen people have been arrested in connection with the violence that occurred on Friday night in Limassol. Amongst those arrested was the individual believed to be the organiser of the ...

A 19-year-old man was killed early Saturday in a car crash near Larnaca. Christos Soteriou from Tseri was driving. on the Larnaca-Kofinou highway when he lost control of his vehicle ...

Both Akel and the Limassol mayor Nicos Nicolaides have criticised police for their handling of Friday’s racial violence in Limassol when shops were smashed, Molotov cocktails thrown, migrants chased ...

The Paphos Regional Tourism Board (Etap) this week reported that it expects increased flight activity during the winter season of 2023-2024. In an official statement, Etap executive director Nasos Hadjigeorgiou ...

Cyprus’ industrial producer prices saw a 3 per cent decline in July 2023 compared to the same month in 2022, according to data provided by the Cyprus Statistical Service. However, the year-to-date figures ...

Cyprus has witnessed a significant increase in the turnover of services during the second quarter of 2023 when compared to the same period in 2022. This growth has been noted across all ...

Cyprus’ national Fiscal Council this week called for immediate planning to gradually address the government’s debt to the Social Security Fund, amidst ongoing surplus reports in the general government ...

Cyprus experienced a decrease in acceptance deposit rates (for new placements) within its banking system during the month of July, despite consecutive increases in the European Central Bank’s (ECB) ...

The Cypriot economy experienced a notable deceleration in its growth rate during the second quarter of 2023, with GDP growth slowing to 2.1 per cent compared to the same period in 2022. This ...

The local real estate market has also seen a surge in property sales in Larnaca The Cyprus Real Estate Registration Council this week has unveiled a comprehensive analysis of the ...

The Cyprus Borrower Protection Association (Syprodat) on Thursday said that the “serious and vigorous efforts” made by the Minister of Finance to provide relief to borrowers have been warmly welcomed ...

The City of Dreams Mediterranean casino resort is playing host to its inaugural major conference, as the three-day “M&I Europe Summer 2023” forum kicked off in Limassol earlier this ...

Wargaming, a prominent player in the gaming industry, has announced its decision to sell its remaining stake in Hellenic Bank to Eurobank. The deal, valued at €65.9 million, encompasses Wargaming’s 6.8 ...

The Cyprus Tourist Enterprises Association (Stek) on Wednesday issued a warning about the unchecked operation of short-term rentals and the escalating influx of tourists into the occupied areas, highlighting “asymmetric ...

The proposed measures by the government aimed at reducing non-performing loans (NPLs) will not effectively contribute to their reduction, the Association for the Protection of Bank Borrowers (Syprodat) said in ...

The Cyprus Chamber of Commerce and Industry (Keve), a member of the Enterprise Europe Network Cyprus, on Wednesday extended an invitation to an exclusive seminar designed to equip Cypriot companies ...

The spokesperson of the Association of Cyprus Banks Andreas Costouris on Wednesday stated that the association does not agree with how Finance Minister Makis Keravnos is presenting the situation surrounding ...