Kyriacos Nicolaou

The Bank of Cyprus has announced a new share buyback transaction as part of its ongoing repurchase programme. According to a statement issued on Friday, the bank acquired a total ...

The Cyprus Stock Exchange (CSE) council has officially ratified the decision to suspend trading of shares belonging to Salamis Tours (Holdings) Public Ltd. This decision, taken under Article 184 of the ...

The Cypriot government on Thursday announced new measures aimed at increasing housing availability and stabilising property prices. Specifically, Interior Minister Konstantinos Ioannou outlined a series of policy changes during this ...

The Cyprus Association of Research and Innovation Enterprises (CARIE) has put forward a number of proposals for enhanced tax incentives and relief measures for innovative businesses. These proposals were submitted ...

The Cyprus Employers and Industrialists Federation (Oev) this week participated in a tripartite social summit for growth and employment in Brussels. The Oev delegation was led by its president Antonis ...

The Cyprus Securities and Exchange Commission (CySEC) on Thursday highlighted that the rapid evolution of technology has transformed the financial sector, reshaping how investors and consumers manage their money. Specifically, ...

Hellenic Bank is advancing on two major integration fronts, preparing for a dual merger process that will consolidate both its banking and insurance operations. The bank’s banking sector is ...

Cyprus’ Harmonised Consumer Price Index (HCPI) increased by 2.3 per cent year-on-year in February 2025, according to the state statistical service. In addition, the index rose rose by 0.3 per cent when compared ...

Credit rating agency Moody’s on Wednesday upgraded the baseline credit assessment (BCA) and adjusted BCA of Hellenic Bank, shifting its outlook from stable to positive. Specifically, the agency raised ...

It was unplanned, but I dined at Limassol restaurant Embers twice in seven days. But doing so gave a more representative impression than perhaps going once only would have. I ...

The Cyprus University of Technology (Tepak), the Association of Chartered Certified Accountants (ACCA), and Ernst & Young (EY) Cyprus on Wednesday announced a strategic collaboration to introduce the Accelerated Internship ...

The Association of Cyprus International Financial Firms (ACIFF) used its annual general meeting to focus on the evolving regulatory landscape, financial resilience, and anti-money laundering (AML) compliance. According to an ...

The hourly labour cost in Cyprus increased by 5.6 per cent in the fourth quarter of 2024, according to preliminary data published this week by the Cyprus Statistical Service (Cystat). This rise ...

Greek airline Aegean on Tuesday announced its financial and operational results for 2024, reporting record-high revenues and passenger numbers despite significant challenges. The airline recorded consolidated revenue of €1.78 billion, marking a 5 ...

Alpha Bank Cyprus this week presented its future strategy during a corporate event held at at the Four Seasons Hotel in Limassol. According to an announcement released on Tuesday, the ...

Fitch Ratings has upgraded the Long-Term Issuer Default Rating (IDR) of the Bank of Cyprus (BoC) to BBB- from BB+, assigning a positive outlook. This marks a significant milestone for ...

Moody’s has upgraded the credit ratings of three Greek banks—Eurobank, National Bank of Greece (NBG), and Attica Bank—following its recent upgrade of Greece’s sovereign credit rating ...

Tourist arrivals in Cyprus recorded a year-on-year increase of 7 per cent in February 2025, with an additional 32,865 visitors arriving on the island during the first two months of the year. This ...

Employment in the broader public sector in Cyprus increased by 1,476 individuals, a rise of 2 per cent, in the fourth quarter of 2024, when compared to the same period in 2023. According to ...

A Cyprus-Greece business forum, which took place in Nicosia this week, focused on the importance of enhancing trade and investment relations between the two countries. According to a statement by ...

Cyprus’ GDP is expected to grow by 3.2 per cent in 2025, slightly lower than the figure of 3.4 per cent reported for 2024, according to the Central Bank of Cyprus (CBC). This figure ...

A Troika delegation, consisting of representatives from the European Commission, the International Monetary Fund (IMF), and the European Central Bank (ECB), has arrived in Cyprus for a series of meetings ...

The Bank of Cyprus (BoC) on Monday announced that it has received the title of ‘Best Private Bank Cyprus 2025‘ by Global Banking & Finance Review magazine. The bank said that ...

The Cyprus International Businesses Association (CIBA) has sent a letter to Finance Minister Makis Keravnos, raising a series of questions regarding the proposed tax reform and its impact on foreign ...