Kyriacos Nicolaou

Cyprus witnessed a remarkable 58.5 per cent surge in total registrations of motor vehicles in November 2023, compared to the same month of the previous year, while also marking an annual increase ...

The unemployment rate in Cyprus plunged to its lowest level in 53 quarters, settling at 5.8 per cent of the labour force in the third quarter of 2023, marking a significant decline, according ...

The Cyprus Institute of Labour, associated with the Pancyprian Federation of Labour (Peo), released a comprehensive report on Monday, delving into the economic and employment landscape for 2023. The findings of ...

The European Central Bank’s continual balance sheet offloading in its battle against inflation has kept the value of Cypriot bonds held within the Eurosystem at €6.75 billion, according to a ...

The Ministry of Finance on Monday announced that the Republic of Cyprus and France ratified an updated double tax treaty, first announced on Friday, in an effort to eradicate double ...

Here are the top business stories in Cyprus from the week starting December 4: National flag carrier Cyprus Airways on Wednesday announced the launch of direct flights between Larnaca and Brussels ...

Approximately 8 out of 10 businesses in Cyprus (79.9 per cent) with 10 or more employees have embraced social media networks as a part of their operational strategy, according to a report by the ...

Recent developments in the Cyprus real estate market have highlighted a significant shift in buyer interest toward the occupied territories, with pricing identified as a key driver, rather than the ...

The adoption of circular economy practices by Cypriot hotels is essential for bolstering the competitiveness and resilience of Cyprus’ tourism sector, stated Deputy Minister of Tourism Kostas Koumis. Moreover, Koumis ...

The Cyprus Shipping Chamber this week expressed deep concern over recent assaults by paramilitary forces in Yemen on commercial vessels passing through the Red Sea and the Gulf of Aden. ...

Cyprus experienced a significant deceleration in inflation in November 2023, dropping to 1.7 per cent compared to the previous November, marking the lowest rate in the past three months. This decrease was ...

In recent years, Cyprus has emerged as a promising destination for businesses seeking to innovate and thrive within the dynamic landscape of the European Union The island has not only ...

The Cyprus Chamber of Commerce and Industry (Keve), in collaboration with the Ministry of Energy, Commerce, and Industry, and the Cyprus-Austria Business Association, organised a business mission, forum, and networking ...

The Republic of Cyprus and France are set to sign a significant agreement on Monday in Nicosia, in an effort to eradicate double taxation concerns and bolster measures against tax ...

PwC Foundation’s “Volunteering Days” are underway, marking a week dedicated to community engagement and societal contribution, according to an announcement released by the company this week. With 220 PwC volunteers ...

Cyprus Stock Exchange (CSE) president Marinos Christodoulides recently emphasised the growing importance of Sustainable Development, Social Responsibility, and Corporate Governance in the financial sector. Addressing attendees at the ESG Cyprus ...

Central Bank of Cyprus Governor Constantinos Herodotou on Thursday addressed attendees at the 11th Banking Forum & Fintech EXPO, discussing the impact of technology on the financial sector. Held at ...

Cyprus witnessed a contrasting trend in construction permits during the January to September 2023 period, with a reduction in the total number of licenses issued but a significant increase in their ...

The Cyprus Chamber of Commerce and Industry (Keve) on Wednesday announced that the International Matchmaking Event it recently held at a major energy conference was a resounding success. The matchmaking ...

The Cyprus Statistical Service (Cystat) released a report this week revealing a notable upturn of 6.7 per cent in industrial business activities during the first nine months of 2023, compared to the ...

Cypriot firm Ask Wire, a real estate data analytics company, which has provided its services to the Cyprus government, systemic banks, insurance companies and investors, this week announced that it ...

The Cyprus Computer Society (CCS) on Thursday announced that, in collaboration with the Ministry of Education, Sports and Youth, is organising this year’s Cyprus Olympiad in Informatics, for Secondary ...

National flag carrier Cyprus Airways on Wednesday announced the launch of direct flights between Larnaca and Brussels International Airport, in what is being described as a significant move to boost ...

The lending interest rate for home purchases hit 4.91 per cent in October 2023, according to the Central Bank of Cyprus’ (CBC) latest Monetary and Financial Statistics report. At the same time, ...