Kyriacos Nicolaou

Spending on telecom and pay TV services in the Middle East and Africa (MEA) region reached $149 billion in 2024, marking a 7.7 per cent year-on-year increase compared with worldwide growth of 2.2 per ...

The global smartphone market experienced a marginal decline in the second quarter of 2025, marking the industry’s first downturn in six consecutive quarters, according to the latest research from Canalys. ...

The global PC market recorded a strong performance in the second quarter of 2025, with total shipments of desktops, notebooks and workstations rising 7.4 per cent year on year to 67.6 million units, ...

Total government budget allocations for research and development (GBARD) across the European Union reached an estimated €127.91 billion, equivalent to 0.71 per cent of gross domestic product (GDP). Eurostat reported that this ...

The imposition of tariffs by the United States strengthens deglobalisation and may lead to short-term increases in the prices of certain goods while uncertainty remains, according to economist Tassos Yiasemides. ...

Cyprus recorded the lowest annual inflation rate among eurozone countries in July 2025, with consumer prices rising by just 0.1 per cent year-on-year, according to preliminary data released by Eurostat. This represents ...

The European Central Bank (ECB) and the European Banking Authority (EBA) on Friday published the results of the 2025 EU-wide stress test, showing that the euro area banking sector is resilient ...

Eurobank has reported adjusted net profits of €711 million for the first half of 2025, marking a decline of 2.9 per cent compared to the same period last year. In addition, the bank’...

The Ministry of Energy, Commerce and Industry, in collaboration with the Cyprus Trade Centre in Beijing, participated with an information kiosk at the 3rd China International Supply Chain Expo (CISCE), ...

The Cyprus Stock Exchange (CSE) has confirmed the continuation of the suspension of trading for the shares of Hangji Global Ltd, which is listed on the Emerging Companies Market. The ...

Eurobank has reported adjusted net profits of €711 million for the first half of 2025, marking a decline of 2.9 per cent compared to the same period last year. In addition, the bank’...

Net new loans in Cyprus recorded a significant increase in June 2025, reaching €642.8 million compared to €297.8 million in May, according to data published this week by the Central Bank of Cyprus (...

The Bank of Cyprus on Friday confirmed that its total issued share capital stood at 435,686,031 ordinary shares as of July 31, 2025, each with a nominal value of €0.10. In a filing to ...

“Luxury is about space, privacy and authenticity” Few destinations embody the quiet elegance and natural beauty of the Mediterranean quite like Anassa, one of Cyprus’ most iconic luxury resorts.  Nestled ...

Interest rates on consumer and housing loans in Cyprus recorded a fresh increase in June 2025, according to figures released this week by the Central Bank of Cyprus (CBC). In contrast, ...

Public Group recorded a strong improvement in its financial performance in 2024, with consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) reaching €22.9 million. This represents an increase of 85.5 per cent ...

The Producer Price Index in Industry for June 2025 remained unchanged, reaching 123.1 points, based on 2021 as the index year, compared to the same month last year. However, the Cyprus Statistical Service ...

The Institute of Certified Public Accountants of Cyprus (Selk) this week announced the signing of a memorandum of understanding (MoU) with the Cyprus International Businesses Association (CIBA). Selk said the ...

A new online platform has been launched in Cyprus to help the public report fires in real time, following the devastating wildfires that swept across the island on July 23. The ...

The Central Bank of Cyprus (CBC) on Thursday published its latest quarterly financial accounts for the quarter ending March 2025, showing continued growth in financial assets, a reduction in household and ...

The Cyprus Stock Exchange (CSE) on Thursday announced the continuation of the suspension of trading for the shares of Toxotis Investments Public Ltd, A. Tsokkos Hotels Public Ltd, and Dome ...

The Cyprus Securities and Exchange Commission (CySEC) on Thursday reported that the total assets under management (AUM) of Collective Investments in Cyprus reached €10.7 billion during the first quarter of 2025. According ...

Seasonally adjusted gross domestic product (GDP) in the euro area increased by 0.1 per cent during the second quarter of 2025, compared with the previous quarter, according to a preliminary flash estimate ...

Seasonally adjusted unemployment rate in Cyprus stood at 3.8 per cent in June of this year, stable compared to May, and down from 4.9 per cent in June 2024 according to Eurostat, the ...