Kyriacos Nicolaou

People in the European Union took 8.7 billion rail trips throughout the previous year, according to a report from Eurostat. This massive volume of travel amounted to a total of 444.5 billion ...

President challenges foreclosure amendment citing risks to financial stability — borrowers association rejects claims of unconstitutionality Serious constitutional and institutional concerns have been raised over a new foreclosure law, following a ...

Ellinas Finance Public Company Limited on Thursday submitted its annual remuneration report for 2025, outlining total compensation for board members and senior executives. The report was prepared by the company’s ...

The Central Bank of Cyprus (CBC) on Thursday reported that interest rates on new housing loans declined in March, while borrowing costs for businesses remained above the euro area average. ...

The Cyprus Chamber of Commerce and Industry (Keve) and the Cyprus Land Development Organisation (Koag) on Thursday announced the signing of a memorandum of cooperation aimed at strengthening housing and ...

The Cyprus Stock Exchange (CSE) on Thursday released a statement recapping its 30th anniversary event, highlighting its contribution to economic development and outlining future priorities. The exchange celebrated 30 years of ...

Cyprus’ real estate sector saw a sharp rise in building permits issued in January of this year, reflecting a significant expansion in construction activity. According to a report from the ...

The Bank of Cyprus (BoC) on Thursday announced that it successfully launched and priced a €300 million senior preferred notes issuance under its EMTN Programme. According to a filing on the ...

The Association of Cyprus Banks (ACB) has stressed that remaining proactive constitutes the most reliable safeguard against digital crime and financial fraud, urging businesses to strengthen their cybersecurity measures. “Prevention ...

Cyprus recorded a 1.8 per cent year-on-year increase in industrial production in March 2026, according to Eurostat, contrasting with declines across both the euro area and the European Union. The latest figures ...

The Cyprus Chamber of Commerce and Industry (Keve) announced this week that it will host a comprehensive webinar to provide a practical guide for businesses on the EU’s deforestation ...

Budget airline Wizz Air on Wednesday announced it will resume operations to and from Tel Aviv from May 28, 2026, while also confirming the addition of its 200th Airbus A321neo aircraft ...

The Central Bank of Cyprus (CBC) on Wednesday reported that 16 bounced cheques were recorded in April, with a total value of €36,152. The figures showed that 18 cheques were included in the ...

Cyprus-based publisher Digital Vortex Entertainment on Wednesday announced its participation in BitSummit PUNCH, where it will present its upcoming title DREADMOOR alongside developer Dream Dock. The event, described as Japan’...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Wednesday said that the European Central Bank (ECB) is increasingly likely to raise interest rates in June, while stressing that any ...

President Nikos Christodoulides on Wednesday welcomed official estimates showing Cyprus’ GDP grew by 3 per cent year-on-year in the first quarter of 2026, describing it as the highest growth rate in the ...

Cyprus’ GDP grew by 3 per cent year-on-year during the first quarter of 2026, significantly outperforming both the euro area and the European Union. According to figures from both the Cyprus Statistical ...

Demetra Holdings Plc on Wednesday announced that it completed the purchase of 7,050 of its own shares on May 12, acting through its brokerage representative CISCO to execute the latest round of ...

The Cyprus Development Bank Group (CDB) on Wednesday reported total net income of €17.2 million for 2025, marking a 25 per cent decline when compared with the €22.8 million recorded in 2024. The drop in ...

Eurolife on Wednesday announced that it has been recognised as the leading life insurance company in Cyprus, securing the title of Best Life Insurance Company Cyprus 2026 at the Global Banking ...

Independent power transmission operator Admie has received approval to submit a request to the European Investment Bank (EIB) for the funding of a due diligence study on the Greece-Cyprus electricity ...

The Bank of Cyprus maintained its position as one of the strongest banking investment stories in the region during the first quarter of 2026, with both Deutsche Bank and Euroxx Securities ...

TechIsland announced this week that it has completed another phase of its wildfire recovery programme in Souni, as part of a broader initiative launched following the devastating wildfires that struck ...

The anti-money laundering unit (Mokas) and the Cyprus Compliance Association (CCA) recently signed a strategic memorandum of understanding (MoU), aimed at strengthening cooperation and practical engagement in the prevention and ...