Kyriacos Nicolaou

The government of Cyprus does not wish to stand in the way but rather be part of the journey of innovation and technology, according to president Nikos Christodoulides. The president ...

Studio 42, a Cyprus-based mobile game development studio founded by veterans of the global casual games industry, has announced that it has secured $3.6 million in seed funding. According to an announcement ...

Cyprus’ economic growth accelerated to 3 per cent in the first quarter of 2025, outperforming both the eurozone and EU averages, according to a preliminary estimate by the state statistical service. In ...

The only way for the tourism sector to continue its upward trajectory and its significant contribution to the Cypriot economy is through collective effort, according to Deputy Minister of Tourism ...

Cyprus has once again been recognised as the fastest-growing startup ecosystem in the European Union, following the release of the 2025 StartupBlink Global Startup Ecosystem Index. According to a report published ...

Cruise company Celestyal has further reinforced its collaboration with Qatar Tourism, Visit Qatar and Mwani Qatar. The agreement was announced during the Arabian Travel Market exhibition, which took place from ...

Greece had the longest average weekly working hours in the European Union in 2024, according to data published this week by Eurostat. Greek workers spent an average of 39.8 hours per week ...

Cyprus has emerged as one of the standout performers in European tourism at the start of 2025, recording a 15.4 per cent increase in international arrivals compared to the same period last ...

The Cyprus Securities and Exchange Commission (CySEC) this week issued two separate announcements relating to regulatory action and fund liquidation. In a decision made during its meeting on February 2025, the ...

The Cyprus Investment Funds Association (CIFA) on Wednesday welcomed the latest results from the Cyprus Securities and Exchange Commission’s (CySEC) quarterly bulletin for the country’s funds sector for ...

Transport Minister Alexis Vafeades on Wednesday said that the evaluation of bids for the deepening of the Larnaca marina is currently under way, with work expected to begin soon. He ...

The Nicosia tourism board (Etap) on Wednesday announced its participation in the IndusTour project under the Interreg Europe programme, a new European initiative aimed at promoting industrial tourism across six ...

Ermes Department Stores Plc on Wednesday provided additional details regarding its strategic direction and ongoing operations, following the transfer of its ERA department store activity to Gencom Ltd. The company’...

Hellenic Bank on Wednesday announced a reduction in its base interest rate by 0.33 percentage points, from 1.75 per cent to 1.42 per cent, effective from May 16, 2025. “This move will benefit the majority ...

The Central Bank of Cyprus (CBC) has announced that it is accepting applications for the permanent posts of Officer Second Class. The vacancies are available in the Information Technology Department, ...

Global AI chipmaker Tenstorrent took its first concrete step toward establishing a presence in Cyprus during a strategic visit hosted by the office of the Chief Scientist for Research, Innovation ...

The Cyprus Borrowers Association (Syprodat) has expressed concern over ongoing discussions in the House Internal Affairs Committee regarding the long-standing issue of trapped property buyers. In a statement released this ...

Companies in the ready-mix concrete sector in Cyprus met on Saturday, May 10, to formally re-register and relaunch its industry association. According to an announcement released this week by the Cyprus ...

Cyprus is projected to become one of the first countries in the world to go fully cashless, according to a new global study by Merchant Machine. In addition, the study ...

Hellenic Bank has received dual environmental certifications this year, according to an official announcemnet released this week. The announcement noted that this “affirms its ongoing commitment to environmental protection and ...

European financial technology provider payabl. on Monday announced that it will return as a Platinum Partner at Reflect Festival 2025, Cyprus’ largest and most influential event focused on technology and entrepreneurship. ...

The highest average interest rate on new floating-rate housing loans reached 5.24 per cent in March, according to a report published on Monday by the Central Bank of Cyprus (CBC). This ...

Total government employment in Cyprus increased by 237 persons, a rise of 0.4 per cent, in April, compared to the same month in 2024, reaching a total of 55,490 employees, according to the state ...

Cyprus recorded a trade deficit of €1.85 billion in the period from January to March 2025, marking a rise from the €1.71 billion deficit registered during the same period in 2024. Total imports of ...