Kyriacos Nicolaou

Rating agency Standard & Poor’s on Thursday downgraded RCB Bank’s long-term issuer rating from BB- to B+ and placed the bank on negative watch, citing the lack of ...

The discussion between Hellenic Bank and the Cyprus Union of Bank Employees (Etyk) have broken down, resulting in the bank now seeking mediation from the Department of Labour Relations. “It ...

RCB Bank announced on Tuesday that it has donated €50,000 to the Cyprus Red Cross Society (CRCS) in support of the organisation’s relief and humanitarian efforts on the ground for ...

The need to rethink and further strengthen international supply chains was a key message by stakeholders attending the Supply Chain & Logistics Conference & Exhibition recently held in Nicosia. The ...

Cyprus Chamber of Commerce & Industry (Keve) president Christodoulos Angastiniotis on Monday sent an open letter to Eurochambres president Luc Frieden, protesting the latter’s decision to visit Turkey for ...

Privacy has become increasingly crucial for consumers when deciding which manufacturer or brand they will spend their money on, according to a study by market research company International Data Corporation (...

Commissioner for the Citizen Panayiotis Sentonas on Saturday visited Limassol port where the biggest-ever humanitarian drive in Cyprus has collected donations for the war-torn people of Ukraine. The aid collected ...

Credit rating agency Standard and Poor’s affirmed Cyprus’ long-term credit rating at BBB-, while maintaining a positive outlook, stressing that despite the Ukrainian crisis and economic sanctions against Russia, ...

olice handed out fines totalling €500 to a single business for violating health protocols to contain the spread of coronavirus in the 24 hours to 9:26 am Saturday, the Cyprus News Agency reported. ...

Paphos police have arrested a 26-year-old woman who is suspected of burglary, theft and the illegal possession of stolen property. According to a police statement, an 82-year-old Paphos resident reported ...

The vice president of the European Investment Bank (EIB), Liliana Pavlova, visited the University of Cyprus this week in order to review the activities and funded projects of the EIB ...

Minister of Finance Constantinos Petrides met with the vice president of the European Investment Bank (EIB) Liliana Pavlova on Friday, discussing the current state of the economy, as well as ...

Rising fuel costs, electricity, fruit and vegetables have caused inflation to go up by 6.6 per cent in February, according to data published on Thursday by the Cyprus Statistical Service (Cystat). ...

Unemployment fell to 6.3 per cent of the workforce in the fourth quarter of 2021, compared to 8 per cent in the corresponding quarter of 2020. According to a labour force survey conducted by ...

The total number of air passengers is expected to surpass that of 2019, the last pre-pandemic year, in 2024, reaching 4 billion passengers, the International Air Transport Association (IATA) said earlier this week. ...

The vice president of the European Investment Bank (EIB), Liliana Pavlova, who oversees financing operations for Cyprus, among other countries, will pay an official visit to the island on March 3, 2022, ...

Cyprus-based financial technology company SquaredFinancial announced on Tuesday that it will be the first organisation to utilise iQbyQi, an advanced retail trading analytics tool. “SquaredFinancial, the fintech brokerage headquartered in ...

The services sector turnover index increased in 2021, compared to 2020, with particularly strong growth being observed in accommodation and catering services, according to data released this week by the Cyprus Statistical ...

Amazon Web Services, a subsidiary of Amazon providing on-demand cloud computing services, announced on Monday that it will launch an AWS Local Zone in Athens, Greece, The new Local Zone ...

Cyprus’ cash reserves exceed the financing needs for 2022, the Public Debt Management Office said on Monday. In its February bulletin, the office explained that general government debt at the end ...

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 ...