Kyriacos Nicolaou

The cabinet has decided to increase the government subsidy for the ferry connection between Cyprus and Greece by €500,000 due to the rise in fuel prices. The increase brings the total ...

The Bank of Cyprus announced on Monday that it had successfully completed the sale of a non-performing loans (NPLs) portfolio with a gross book value of €577 million, bringing its NPL ...

Cypriot students excelled at the Robotex International robotics festival in Estonia earlier this month, placing high in a number of categories. “We proudly followed on social networks the young roboticists ...

The Cyprus Employers and Industries Federation (OEB) has released the results of a study revealing the true labour needs of Cypriot businesses. The study takes into account data collected between ...

The recovery of the Cypriot economy remains on an upward trajectory, with most indicators boding well for future growth, according to a report by the University of Cyprus Economic Research ...

My Mall Limassol, Cyprus’ third-largest shopping centre, will see Israeli involvement in its ownership structure, with 46 per cent of its shares due to be sold to two Israeli companies. This ...

The Cyprus University of Technology (Tepak) has signed an agreement for the opening of a satellite school in Paphos. Specifically, the university will run a tourism, hospitality and entrepreneurship school ...

The LNG import terminal project would be transformational for Cyprus said Symeon Kassianides, the chairman of the Natural Gas Public Company (DEFA), said on Thursday at the Eastern Mediterranean Energy ...

Perhaps the very first sign should be enough to influence your expectations. Upon calling to make a reservation at café, bar and diner Uncle Sam’s in Limassol, I was ...

Cyprus must move quickly to implement the projects necessary to meet the objectives mandated by the EU’s Green Deal and simultaneously lower electricity prices, Energy Minister Natasa Pilides said ...

Cyprus’ trade deficit recorded an annual increase of €715.1 million during the first nine months of 2021 according to the Cyprus Statistical Service (Cystat). Based on Cystat’s report, the trade deficit ...

Businesses in Cyprus are more reserved about their prospects for the coming year than their European counterparts, according to research published on Tuesday by the Cyprus Chamber of Commerce and ...

Hellenic Bank reiterated its support towards businesses operating in the energy industry, with particular emphasis given to organisations involved with the production of renewable energy. “Last year, we supported Renewable ...

Kyndryl, a managed infrastructure services company, completed its separation from American technology giant IBM on November 3, beginning trading on the New York Stock Exchange the day after. “We are thrilled ...

The Cyprus Union of Bank Employees (ETYK) has renewed its collective agreement with card payments and processing company JCC until 2022. The trade union explained that since the Bank of Cyprus ...

US technology company Microsoft has acquired content moderation platform and profanity filter Two Hat. Two Hat’s content moderation platform utilises artificial intelligence (AI) to classify, filter and escalate human ...

President Nicos Anastasiades on Friday outlined the government’s Action Plan, aimed at establishing Cyprus as “a prosperous, reliable and competitive business hub.” “We are keen on providing the conditions ...

Taking place over November 10-12 at the Cyprus International Fair in Nicosia, the Eastern Mediterranean Energy Conference and Exhibition (EMC) will focus on a wide range of crucial issues related ...

Cyprus Deputy Minister of Shipping Vasilis Demetriades travelled to Glasgow on Friday to take part in the shipping industry’s official COP 26 sideline event, entitled ‘Shaping the Future of Shipping’, ...

Royal Caribbean International is expected to continue using Limassol as a home port for some of its cruises in 2022, port management company DP World Limassol said on Thursday. DP World ...

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 ...