Kyriacos Nicolaou

The Ministry of Finance said that the recently released data on unemployment ‘confirms that the Cypriot economy has entered a growth phase’. The total number of unemployed people fell sharply ...

The Cyprus Securities and Exchange Commission (CySEC) released a statement this week refuting any suggestions that the investment sector is experiencing an employee number contraction. This relates to publications in ...

Cyprus Investment Funds Association (CIFA) and Invest Cyprus’ seventh iteration of the International Funds Summit drew international attention to the island’s progress and potential as a fund management and ...

Alpha Bank Cyprus has announced the appointment of Michael Colakides as its new chairman of the board of directors. “The choice of Michael Colakides, who has served successfully in leadership ...

The Cyprus property market is suffering from a misalignment between what is primarily available and what is being sought after by property seekers, a report from independent real estate asset ...

Retail trade experienced a boom in Cyprus during August, both in terms of value and volume. According to data released by the Cyprus Statistical Service (Cystat), the Turnover Value Index ...

The government’s policy priorities remain the same despite the adverse effects of the coronavirus pandemic, Minister of Finance Constantinos Petrides said at the 7th International Funds Summit on Monday. “...

The Human Resources Development Authority (HRDA) of Cyprus has appointed a new director general, with Yiannis Mourouzides having taken over the position on November 1. The appointment was confirmed following a ...

The Pancyprian Robotex Robotics Competition made its return earlier this month following two years of cancellations due to the pandemic and its resulting restrictions. Organised by the Cyprus Computer Society (...

The Cypriot economy is expected to grow more than previously expected according to a report by the University of Cyprus Economic Research Centre. According to the report, Cyprus’ real GDP ...

The Beau Rivage Hotel in Larnaca has begun to be demolished, a process estimated to take somewhere between two and three months to be completed. As confirmed by NCH Managing ...

The International Civil Aviation Organization’s (ICAO) high-level conference on Covid-19 took place earlier this month, with the conference exploring the issues around the aviation industry’s recovery, as well ...

According to the Cyprus Statistical Service (Cystat), industrial production marked a year-on-year increase of 9.3 per cent in the period of January – August 2021. According to the Cystat data, the Industrial Production ...

Quant Insight (Qi), a new quantitative financial market analytics and trading insights provider, announced on Wednesday that it has opened its new headquarters in Limassol. The company also has offices ...

The total amount of non-performing loans (NPLs) decreased by approximately €8 million in July over the previous month. This has resulted in a reduction of the NPLs index to 17.4 per cent ...

Cyprus Chamber of Commerce and Industry president Christodoulos Angastiniotis has accused labour unions of making demands that are both unrealistic and unfeasible for businesses. “Unions must realise the severity of ...

Hellenic Bank has released new eco-friendly credit and debit cards made out of biodegradable material. Available since Monday, October 25, in Mastercard form, the new cards require 82 per cent less PVC (...

Approximately one in five (21 per cent) people in Britain have a foreign holiday booked at the moment, easyJet’s ‘Taking The Temperature’ report has revealed. Moreover, roughly a quarter of ...

The government of Egypt has confirmed the double tax treaty with the Republic of Cyprus. The confirmation came through Egyptian president Abdel Fattah Al-Sisi who ratified the agreement. The double ...

The second quarter of the year saw a massive 49 per cent increase in Android banking malware according to Slovak internet security company Eset. Eset releases a quarterly threat report containing ...

Finance Minister Constantinos Petrides said on Friday that the green transition will not be a painless process, highlighting the financial burdens it will likely incur on some sections of the ...

The Governor of the Central Bank of Cyprus Constantinos Herodotou said that financial literacy is a key element for a well-functioning economic system and thus a minimum requirement for sustainable ...

Cyprus and India reaffirmed the potential for further development and increased cooperation during the ninth Cyprus-India Intergovernmental Meeting on economic, scientific, technical and industrial partnerships held on October 21. The sectors ...

According to the Cyprus Statistical Service (CyStat), Cyprus’ trade deficit rose to €3.165.7 million for the period between January and July 2021, marking an increase of 23.3 per cent year-on-year. The total imports ...