Kyriacos Nicolaou

The Central Bank of Cyprus this week released monetary financial institutions (MFIs) deposit and loan statistics for May 2025, revealing a marked slowdown in deposit growth and a modest rise in ...

The Cyprus Securities and Exchange Commission (CySEC) on Wednesday announced that it has awarded a total of €1,000 to two university students in Cyprus as part of its annual academic prize ...

Cypriot insurance providers CNP Cyprialife and CNP Asfalistiki have officially been renamed ERB Cyprialife and ERB Asfalistiki, according to an official statement released on Wednesday. The two companies said that ...

Rising prices in raw materials, fuel, energy and basic food items are only the beginning of a more difficult economic cycle that lies ahead, according to Costas Melas, president of ...

The Bank of Cyprus has received two major distinctions at the 2024 EMEA Finance Achievement Awards, recognising its €300 million green bond issued in April 2024. According to an announcement by the bank ...

A significant number of Greeks are keeping financial secrets from their partners, according to a new survey conducted by fintech app Plum. The survey explored how Greek couples manage their ...

The Turnover Value Index of Retail Trade in Cyprus increased by 8.4 per cent in May 2025, compared to the corresponding month of the previous year, according to the state statistical service. ...

Cyprus is striving to position itself as a credible, stable, and forward-looking economic partner within the region and the European Union, government officials affirmed at Bloomberg’s ‘Future of Markets’ ...

Eurobank on Tuesday announced the development of a day care centre for people with disabilities over the age of 21, along with two independent living residences for adults with autism. According ...

Tourism revenue in Cyprus experienced a significant rise in April 2025, reaching €304.2 million according to the latest results from the passengers survey conducted by the state statistical service. This represents a 39.9 ...

Cypriot services firm Logicom Public Ltd issued a profit warning on the Cyprus Stock Exchange (CSE) this week, notifying investors that its financial performance for the first half of the ...

The Bank of Cyprus (BoC) on Tuesday announced that, as of June 30, 2025, its total issued share capital stood at 440,828,633 ordinary shares. Of these, 5,142,602 shares are held as treasury shares following ...

PwC Cyprus this week announced the admission of George Constantinides to its partnership, with effect from July 1, 2025. According to an official announcement, the appointment reflects the organisation’s ongoing commitment ...

From its humble beginnings as a guitar tab-sharing site in 1998, the Muse Group has grown into one of the most influential music technology companies in the world, now reaching over 400 ...

The Index of Industrial Output Prices in Cyprus reached 122.9 units in May 2025, based on 2021 as the reference year set at 100 units, according to a report from the state statistical service. ...

The European Commission on Monday endorsed a positive preliminary assessment of Cyprus’ fourth payment request under the Recovery and Resilience Facility (RRF), the central pillar of the European Union’s ...

The Cyprus Stock Exchange (CSE) on Monday released a statement formally welcoming Eurobank Group’s intention to pursue a dual listing of its shares on the CSE. The CSE described ...

Cyprus posted a general government surplus of €551.2 million for the period of January to May 2025, representing 1.6 per cent of GDP, according to preliminary data released by the Statistical Service of ...

Cyprus has been ranked among the 15 European countries most affected by digital payment fraud, despite recording one of the lowest overall loss totals and fraud case counts, according to new ...

Cyprus must urgently decouple renewable energy prices from volatile fossil fuel costs to ensure stability and fairness in its electricity market, according to energy systems expert and former Cyprus Energy ...

Here are the top business stories in Cyprus from the week starting June 23: Paphos has emerged as the strongest performer for high-end houses in Cyprus’ residential property market, according to ...

Eurobank on Friday announced its intention to explore a parallel listing of its shares on the main market of the Cyprus Stock Exchange (CSE), following the successful completion of its ...

Cyprus’ industrial production index rose by 3 per cent year-on-year in April 2025, reaching 110.3 units, according to data released by the state statistical service on Friday. The April performance contributed to a 3.8 ...

Petroleum product sales in Cyprus surged by 9.9 per cent in May 2025, compared to the same month last year, according to a report released on Friday by the state statistical service. ...