Kyriacos Nicolaou

Budget airline Wizz Air on Friday announced that it has exceeded 9 million passengers travelling to and from Larnaca international airport. The announcement of the milestone comes as the airline recently ...

The number of building permits issued in Cyprus in September 2024 recorded a year-on-year decline of 30.9 per cent, according to data released this week by the state statistical service. The decrease ...

The Bank of Cyprus this week presented its revamped branch network model, inaugurating its newly renovated branch on Archbishop Makarios III Avenue in Nicosia. Retail Banking Director Theodosis Theodosiou explained ...

Cyprus-based INXY Payments, an EU-authorised payment platform bridging together traditional finance and the crypto economy, has successfully closed a $3 million investment round led by Flashpoint VC with participation from prominent ...

The Bank of Cyprus this week presented its revamped branch network model, inaugurating its newly renovated branch on Archbishop Makarios III Avenue in Nicosia. The event, held on Wednesday afternoon, ...

Eurobank has announced that the India-Greece-Cyprus (IGC) Business & Investment Council was officially launched on Thursday at the Taj Mahal Palace in Mumbai. The announcement mentioned that this marks “a ...

Hellenic Bank has officially announced the complete exit of Demetra Holdings Plc from its shareholder structure, following the completion of the agreement for the sale of its 21.33 per cent stake. “...

Cyprus experienced growth across a number of key economic sectors, according to the state statistical service. In its latest report, which analysed monthly economic developments from January to December 2024, the ...

The total supply and use in Cyprus for 2021 balanced at €77.76 billion at purchaser prices, according to the statistical service. The report, which covers the country’s supply, use, and input-output ...

The environment department has given approval for a €55 million project to convert an existing tourist apartment complex into a 480-bed, 4-star hotel in Polis Chrysochous, it emerged on Wednesday. In ...

The Cyprus Statistical Service (Cystat) has launched a new online tool aimed at modernising public sector operations as part of its digital transformation efforts. The platform allows companies registered in ...

The Cyprus Securities and Exchange Commission (CySEC) on Wednesday released a statement outlining its supervisory priorities for 2025. According to the announcement, the commission is focused on adapting to emerging regulatory ...

The Central Bank of Cyprus (CBC) on Wednesday published the latest figures on deposit and loan interest rates for households and businesses in December 2024. The data reveal fluctuations across financial ...

Project Management Offices (PMOs) are evolving to meet the demands of a rapidly changing business environment, according to Stavros Christoforou, senior manager at PwC Cyprus’ advisory services. Christoforou explained that ...

The European Commission has issued a positive preliminary assessment for Cyprus’ request to receive €76.9 million under the NextGenerationEU programme, which aims to drive Europe’s recovery towards a greener, more ...

The Cyprus Borrowers Association (Syprodat) reported this week that it has observed a significant increase in activity among nearly all banks focusing on up-to-date borrowers. As a reaction, the association ...

Cyprus’ government employment increased by 461 people in January 2025, a rise of 0.8 per cent, compared to January 2024, reaching a total of 55,107 employees. This growth was primarily driven by an increase in ...

Eurobank announced on Tuesday that it has completed the acquisition of an additional 37.5 per cent stake in Hellenic Bank, bringing its total shareholding to 93.47 per cent. The bank has also ...

Cyprus is positioning itself to become a high-quality, year-round tourist destination that balances sustainability, environmental friendliness, and economic growth, according to the president of the Association of Cyprus Tourist Enterprises (...

Cypriot tourism has recovered from the challenges of the previous three years, including the pandemic and the loss of the Russian market, according to president Nikos Christodoulides. Speaking during the ...

The society for the promotion of cooperative banks in Cyprus has expressed its support for the efforts of Finance Minister Makis Keravnos to spark growth in the sector. This is ...

Freedom Holding Corp. (FRHC), the parent company of Freedom24, on Tuesday reported strong third quarter results for the 2025 fiscal year, as well as a record market capitalisation of $9 billion. “These ...

S&P Global Ratings has upgraded the long-term issuer credit rating of Bank of Cyprus Public Co. Ltd. (BoC) to ‘BBB-’ from ‘BB+’, reflecting improvements in the Cypriot banking ...

The Cyprus Institute of Certified Management Consultants (CICMC) and the University of Limassol (UoL) this week announced that they have formalised their collaboration by signing a Memorandum of Understanding (MoU). ...