Kyriacos Nicolaou

Cyprus’ wholesale trade sector saw its turnover value rise by 4.9 per cent in the second quarter of 2025 compared to the same period last year, according to the state statistical service. ...

Building permits in Cyprus fell 14.4 per cent in May 2025, according to the Cyprus Statistical Service (Cystat), highlighting a slowdown in construction activity despite rising values and dwelling units. The number ...

Pandora Investments Public Ltd on Monday announced its interim management report for the six months ended June 30, 2025, posting a net profit of €7.23 million compared with a net loss of €1.07 million ...

Logicom Public Ltd announced this week that its board of directors will meet on September 25, 2025. The meeting will examine, among other matters, the interim unaudited financial statements of both the ...

The Cyprus Stock Exchange (CSE) announced this week the suspension of trading for the 13-week Treasury Bills, 6th Issue, Series 2025, with code TB13F25. Trading will be suspended from September 16, 2025, ...

Transport Minister Alexis Vafeades on Monday stressed the need for cooperation among all stakeholders to ensure a strong, fair and sustainable shipping industry. He said that the national shipping strategy ...

The House finance committee on Monday continued its article-by-article discussion of the harmonising bill establishing a national framework for screening foreign direct investments. The Finance Ministry requested more time to ...

Eurobank Limited on Monday hosted a media gathering at its headquarters in Nicosia to provide updates on the recently completed merger between Hellenic Bank and Eurobank Cyprus. Chief executive officer ...

Global semiconductor revenue is forecast to reach 800 billion US dollars in 2025, according to the International Data Corporation’s (IDC) worldwide semiconductor technology and supply chain intelligence service. This would represent ...

Global spending on cloud infrastructure services surged in the second quarter of 2025, driven by booming demand for artificial intelligence workloads, ongoing legacy migrations and cloud-native expansion. According to Canalys, part ...

Cyprus records higher digital literacy in towns than in cities People living in European Union cities tend to have stronger information and data literacy skills than those in towns, suburbs ...

Deputy Minister of Tourism Kostas Koumis this week met with Athina Spakouri, Head of the Greek National Tourism Organisation’s office in Cyprus. The meeting allowed the two officials to ...

Deputy Shipping Minister Marina Hadjimanolis departed for London on Sunday, following an invitation from her British counterpart to attend London International Shipping Week 2025. According to an announcement by the Deputy ...

Enterprise Europe Network Cyprus this week announced the MADtech Brokerage Event 2025, scheduled to take place in Madrid later this year. The event will be held on October 29 and 30, 2025, at the ...

Larnaca is set to maintain a steady flow of tourists during the winter months, according to current bookings and trends. At the same time, the city’s hotels will all ...

The European Investment Bank (EIB) this week announced its commitment to provide €17.5 billion to support energy efficiency improvements across more than 350,000 small and medium-sized enterprises in Europe over the next ...

Business & economy wrap-up from the day before Eurobank Cyprus on Friday confirmed that its merger with Hellenic Bank is now fully underway, marking the creation of the new Eurobank ...

A team from Neapolis University Pafos was recently tanked in 79th place at the ICPC World Finals 2025, held in Baku, and also received the Honours distinction. The ICPC is a ...

Low-cost carrier Wizz Air on Friday announced that it will host two open day events for pilots and aspiring pilots in Larnaca this September. According to the announcement, both sessions ...

Telecommunications provider Cyta on Friday announced the departure of Andreas Neocleous from his role as chief executive officer, effective September 12, 2025. “During his tenure as CEO, Neocleous contributed decisively to Cyta’...

Demetra Holdings Plc on Friday announced the buyback of 6,000 of its own shares, following a string of similar moves in recent weeks. The shares were purchased at a price of 1.68 ...

The European Central Bank (ECB) is under no pressure to cut interest rates further to achieve stable inflation, according to governing council member and Central Bank of Cyprus (CBC) governor ...

The IDEA Innovation Centre, which serves as a startup incubator and entrepreneurship hub, celebrated its tenth anniversary this week. According to an official announcement, the anniversary marks “a decade of ...

Eurobank Cyprus on Friday confirmed that its merger with Hellenic Bank is now fully underway, marking the creation of the new Eurobank Limited. In an official announcement, the new entity ...