Kyriacos Nicolaou

The annual inflation rate of the Harmonised Consumer Price Index in Cyprus dropped to 1.6 per cent in March, mainly driven downward by a decrease in energy prices, according to a ...

President of the association of Hotel Professionals of Cyprus (Pasydixe) Christos Angelides has called for more agility in the local tourism sector, saying that any long-term strategy remains vulnerable to ...

The University of Cyprus and Boltzmann Research, a team of scientists seeking to tackle the challenge of predicting financial markets, have signed a Memorandum of Understanding (MoU), according to a ...

AstroBank on Tuesday released its financial results for the year ending December 31, 2023, reporting a profit after tax of €30.4 million, while also marking a Return on Equity (RoE) of 13.9 per cent, ...

The Cyprus Shipping Chamber (CSC) this week joined forces with other international and regional maritime organisations in demanding the immediate release of 25 innocent seafarers. The crew, aboard the Portuguese-flagged container ...

Chief Scientist Demetris Skourides recently concluded a series of meetings in Tokyo, seeking to bolster cooperation between Cyprus and Japan in the fields of research and innovation. According to an ...

AstroBank on Tuesday released its financial results for the year ending December 31, 2023, reporting a profit after tax of €30.4 million, while also marking a Return on Equity (RoE) of 13.9 per cent, ...

President Nikos Christodoulides on Monday travelled to London for a series of contacts with financial parties, entrepreneurs and investors. As part of his visit, the president will participate in a ...

MDigi-I Project receives €2.8 million from Cyprus Research and Innovation Foundation (RIF) to drive digitalisation in shipping industry The Cyprus University of Technology (Tepak) has announced its participation in the Maritime ...

Cyprus witnessed a notable slowdown in property transactions during the first quarter of 2024, reflecting the cumulative challenges faced by the real estate sector, including inflationary pressures and high interest rates, ...

President of the Cyprus Stock Exchange (CSE) Marinos Christodoulides recently released a statement underscoring the significance of developing the bond market within the CSE framework. In addition, Christodoulides highlighted the ...

Have you ever found yourself driving past a restaurant on an almost daily basis and wondering why you’ve never stopped to try it out? This was the case with ...

In a bid to enhance sustainable development practices, banking and financial institutions are gearing up to introduce a groundbreaking tool for assessing companies’ compliance with Environmental, Social, and Governance (ESG) ...

Cyprus witnessed a notable increase in total new loans in February 2024, reaching €575.5 million, compared to €462.7 million in the previous month, according to a report released on Friday. This surge is ...

Cyprus experienced an increase in both production and producer prices in the construction sector during the year 2023, according to a report released on Friday by the Cyprus Statistical Service (Cystat). ...

Cyprus witnessed a notable increase in total new loans in February 2024, reaching €575.5 million, compared to €462.7 million in the previous month, according to a report released on Friday. This surge is ...

Sir Stelios Haji-Ioannou has joined the board of The Hellenic Initiative (THI), an organisation investing in Greece through philanthropic actions and programmes focused on economic recovery, according to an announcement ...

Alpha Bank Cyprus on Friday announced the launch of a new deposit product, offering a fixed deposit rate of 2.50 per cent annually for twelve-month deposits exceeding €70,000. “With a focus on ...

Cyprus experienced a notable surge in consumer prices in March 2024, with olive oil prices skyrocketing by 61.7 per cent, when compared to March 2023, according to a comparison table of consumer price ...

The Public Debt Management Office (PDMO) this week unveiled the interest rates for six-year nominal government bonds for individual investors, effective from the second series (July) of 2024. An announcement released ...

The Central Bank of Cyprus (CBC) this week completed its annual reassessment of the identification of credit institutions falling within the definition of Other Systemically Important Institutions (O-SII) for the ...

The number of registered unemployed individuals in Cyprus at the end of March 2024 saw a significant decrease of 13.5 per cent, compared to March of the previous year, according to a ...

More than €8 billion of major developments have been planned to be carried out in Cyprus, the Association of Large Investment Projects’ chairman Andreas Demetriades said on Thursday. Demetriades was speaking ...

Cyprus’ tourism revenue experienced a slight decline in January 2024, when compared to January 2023, while per capita tourist spending saw an increase, according to a report released by the Cyprus Statistical ...