Kyriacos Nicolaou

Leptos Calypso Hotels Public Ltd, a member of the Leptos Group, recorded a significant financial turnaround in 2024. Specifically, the company on Tuesday posted a consolidated net profit of €3.25 million, recovering ...

The number of unemployed persons registered at district labour offices across Cyprus stood at 8,118 at the end of April 2025, according to the latest data released by the Cyprus Statistical Service (...

Credit rating agency Moody’s on Tuesday upgraded the long-term deposit ratings of the Bank of Cyprus to A3 from Baa1, reflecting continued strengthening of the bank’s financial position. ...

The Cyprus Real Estate Agents Registration Council recorded 125 convictions for illegal real estate brokerage in 2024, according to an announcement released on Tuesday. The number of convictions, the council explained, “reinforces ...

Residential properties in Cyprus sold under foreclosure in the final quarter of 2024 lost significant value, with six primary residences auctioned off at an average discount of 26.7 per cent from their ...

The Industrial Turnover Index in Cyprus continued its upward trend in February 2025, reflecting positive momentum across several key sectors of the economy. According to data released, the index reached 130.4 units, ...

The total value of all real estate transactions in Cyprus reached a record-high €5.71 billion in 2024, reflecting a modest one per cent increase compared to 2023, according to a report released on ...

The recent electricity blackout in Spain and Portugal may have been caused by a combination of rare atmospheric vibrations, high renewable energy production, and low system inertia, according to Andreas ...

The National Bank of Greece (Cyprus) posted a net profit after tax of €13.6 million for 2024, marking a 143 per cent increase compared to the previous year. According to the bank’s ...

Sir Stelios Haji-Ioannou, creator and owner of the easy family of brands, has announced the acquisition of 100 per cent of the share capital of easyHotel Ltd by investment funds managed ...

Hellenic Bank on Monday announced that its board of directors will convene on Wednesday, May 7, 2025 to examine, among other things, the financial results of the group for the first quarter ...

Cyprus recorded a general government surplus of €580.6 million in the first quarter of 2025, according to preliminary data published by the Cyprus Statistical Service (Cystat) on Friday. The surplus represents 1.6 per ...

The Cyprus Computer Society (CCS) this week released a statement celebrating a series of outstanding student achievements in April 2025, showcasing Cyprus’ growing presence on the global technology stage through both ...

The Central Bank of Cyprus (CBC) on Friday announced the publication of its 2025 directive on the prevention of money laundering and terrorist financing. The newly adopted directive aims to modernise ...

Cyprus’ retail trade sector saw robust growth in March 2025, with both the value and volume of turnover rising by 5.6 per cent compared to the same month last year. According to ...

Cyprus’ archbishopric this week announced a public tender for the lease and development of two land parcels located in Geroskipou, Paphos. According to the announcement, the tender was officially launched ...

Cyprus recorded €92.7 million in high-value property transactions in March 2025, with Nicosia taking the lead thanks to a single €29.3 million office sale, according to real estate analytics firm Ask Wire. According ...

Cyprus recorded a general government surplus of €580.6 million in the first quarter of 2025, according to preliminary data published by the Cyprus Statistical Service (Cystat) on Friday. The surplus represents 1.6 per ...

The Cyprus Securities and Exchange Commission (CySEC) has reached a €20,000 settlement with ZFN Europe Ltd in relation to a possible violation of the Investment Services and Activities and Regulated Markets ...

Bank of Cyprus Holdings Public Limited Company on Friday announced the repurchase of 295,526 of its own ordinary shares between April 25, 2025, and May 1, 2025. The shares, each with a nominal value of €0.10, ...

The Cyprus Chamber of Commerce and Industry (Keve), in collaboration with the embassy of Hungary in Cyprus, will host a business-to-business (B2B) event highlighting innovative Hungarian technologies in agriculture ...

The Research and Innovation Foundation (RIF) on Friday announced the launch of a public consultation for its upcoming funding programme titled “AI in Gov’t”. According to the announcement, the ...

The digital euro will serve as a complement to cash, not a replacement, and is designed to preserve the stability of the financial system while embracing innovation, said Stelios Georgakis, ...

The Index of Industrial Output Prices in Cyprus rose by 0.2 per cent in March 2025, reaching 121.9 units, based on 2021 as the reference year set at 100 points, according to official data released ...