Kyriacos Nicolaou

The average gross monthly earnings of employees in Cyprus rose by 5.1 per cent in 2024, reaching €2,483, according to a report released on Tuesday by the state statistical service (Cystat). The median ...

The Cyprus Stock Exchange (CSE) on Tuesday announced a series of regulatory actions against several companies listed on its New Market for failing to comply with financial reporting obligations. According ...

The Cyprus Chamber of Commerce and Industry (Keve) has launched a public tender for the provision of services to assess needs, draft technical specifications, and supervise the implementation of its ...

The European Union’s business economy comprised around 33.1 million enterprises in 2023, employing 162.2 million people, according to Eurostat a report released this week. These enterprises generated a net turnover exceeding €38.5 trillion, ...

Cyprus recorded an employment rate of 79.8 per cent in 2024, surpassing the European Union’s 78 per cent target set under the European Pillar of Social Rights Action Plan for 2030. Eurostat reported ...

The Cyprus Securities and Exchange Commission (CySEC) has released a new educational video on crypto-assets as part of a joint campaign with other European supervisory authorities. The move comes in ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Monday presented a new governance model for the bank to the House finance committee. According to an announcement by the CBC, ...

The Bank of Cyprus Holdings Plc on Monday announced that its board of directors will meet on Tuesday, November 11, 2025, to review the financial results of the Bank of Cyprus Group ...

Fairfax Financial Holdings has signed a term sheet with Eurobank Ergasias Services and Holdings for the sale of its 80 per cent stake in Eurolife FFH’s life insurance operations for €813 ...

23-year-old George Chrysostomides, founder of Shrine Solutions Ltd (shrine.io), has announced that he will donate the entire €100,000 awarded to him by Sir Stelios Haji-Ioannou to support young entrepreneurs and ...

Low-cost carrier Wizz Air on Monday announced that it has partnered with Telethon Cyprus as the official airline for the charity trip “On the Wings of Hope”, which will take ...

Allwyn International AG and OPAP S.A. on Monday announced that their boards of directors have approved a merger through an all-share transaction valued at €16 billion, creating the world’s ...

The Bank of Cyprus on Monday announced the launch of the IBU India Hub, a new strategic initiative designed to enhance its service offering and specialisation for businesses and individuals ...

The European Banking Authority (EBA) has published a report taking stock of actions by all competent authorities to address its findings and recommendations. This follows in-depth reviews carried out by ...

2025 expected to mark a breakthrough year for 5G Standalone (SA) network deployments and RedCap device adoption, paving the way for widespread Internet of Things (IoT) innovation across multiple industries, according ...

Enterprise software sales through hyperscaler cloud marketplaces led by Amazon Web Services (AWS), Microsoft Azure, and Google Cloud are forecast to surge from $30 billion in 2024 to $163 billion by 2030, according to ...

Nearly three in five Brits, or 57 per cent, would consider going on a multi-generation cruise holiday, according to a new survey by Marella Cruises. The survey also revealed that 32 per ...

The global wearable band market reached a record 50.2 million devices shipped in the second quarter of 2025, representing a 13 per cent increase compared with the same period last year, according to ...

Eurobank Limited on Friday announced the completion of the merger of its Cypriot insurance subsidiaries, marking a significant development in the consolidation of its insurance operations in Cyprus. The merger, ...

The Finance Ministry’s debt management office will hold a public auction of €25 million in treasury bills on October 20, 2025. The auction will cover bills with a 13-week maturity and will ...

Cyprus participated in the international exhibition World Food India 2025, which took place in New Delhi from September 25 to September 28, 2025, through the Cyprus Trade Centre in New Delhi under the Energy ...

Eurobank Limited on Friday announced the completion of the merger of its Cypriot insurance subsidiaries, marking a significant development in the consolidation of its insurance operations in Cyprus. The merger, ...

One of the central themes of the recently-concluded Cyprus–Greece Business and Investment Forum was that the two countries should pursue stronger collaborations, partnerships, and joint ventures to bolster their ...

Cyprus recorded a trade deficit of €5.15 billion in the period from January to August 2025, compared to €4.15 billion during the same period in 2024, according to the state statistical service (Cystat). Total ...