Kyriacos Nicolaou

DCO Secretary-General Deemah AlYahya has been appointed to a United Nations high-level panel examining freedom of transit for landlocked developing countries, the UN has announced. UN Secretary-General António Guterres ...

Cyprus house prices rose 7.9 per cent year-on-year in the second quarter of 2026, significantly faster than the EU average, according to both Eurostat and Cyprus Statistical Service (Cystat) data, reflecting renewed ...

Cyprus company develops software layer for Europe’s quantum ambitions Superpositions Studio is building a quantum computing software platform from Limassol, aiming to help businesses determine whether the rapidly developing ...

Cyprus recorded 9,152 new enterprises in 2024, while 5,566 businesses closed, according to Eurostat data showing that new business creation outpaced enterprise deaths on the island during the year. The figures gave Cyprus ...

Cyprus’ unemployment rate rose to 4.1 per cent in August 2026, according to Eurostat data, as the jobless rate across both the European Union and euro area remained broadly stable. The Cyprus ...

Investment bank UBS has maintained a positive stance on European banks, identifying Greece as its preferred market amongst nations with heavy exposure to floating interest rates. Although global investors already ...

The European Commission on Thursday disbursed nearly €120 million to Cyprus under the Recovery and Resilience Facility after the country satisfactorily completed a series of agreed reforms and investment targets. The ...

The European Banking Authority (EBA) has issued new guidelines on third-party arrangements supporting critical or important functions, as part of efforts to simplify the EU banking sector’s regulatory framework. ...

The value of European Union petroleum oil imports rose sharply by 55.8 per cent in the second quarter of 2026, according to Eurostat. Despite the steep rise in total cost, the volume ...

Global display panel manufacturers are expected to reduce production in October as weaker television and IT demand puts pressure on inventories, according to marekt intelligence firm Omdia. The average utilisation ...

Cyprus resale property market hits €727 million in first half of 2026 Cyprus’ resale property market was worth €727.2 million from 3,202 transactions in the first half of 2026, with substantial differences between districts in ...

Cyprus and northern Greece will explore opportunities for cross-border investment and business cooperation at the third Cyprus-Greece Business Meetings Summit, which will take place in Thessaloniki on October 5. The event ...

Moody’s Ratings has raised the outlook on the National Bank of Greece’s long-term deposits to positive from stable, while confirming the lender’s long-term deposit and senior unsecured ...

Tech founders build AI platform for Cyprus in just three months The AI Cyprus Expo will return to Limassol in April of next year, with its organisers aiming to turn ...

Cyprus Securities and Exchange Commission (CySEC) chairman George Karatzias and vice chairman Loukas Lagoudis signed their contracts with Finance Minister Makis Keravnos on Tuesday, formally confirming their assumption of the ...

Cyprus had around 4,400 people employed in the sport sector in 2025, including 1,400 aged between 15 and 29 and 3,000 aged between 30 and 64, according to Eurostat data. The figures form part of a wider Eurostat ...

Cyprus recorded one of the EU’s sharpest monthly increases in petrol prices in August, while fuel costs across the bloc continued to climb sharply on an annual basis, according ...

Moody’s confirmed Eurobank’s Baa1 long-term deposit and senior unsecured debt ratings this week, while raising the outlook on its deposit ratings to positive from stable. In its latest ...

Demetra Holdings Plc acquired 3,970 of its own shares on the Cyprus Stock Exchange (CSE) for €1.39 per share on September 21, 2026, the company announced on Tuesday. The transactions were executed through the ...

Foreclosures remain a last resort, CBC analysis finds Cyprus’ foreclosure framework has helped produce a significant number of consensual settlements while keeping repossession of primary homes relatively limited, according to ...

The American Chamber of Commerce in Cyprus (AmCham Cyprus) will bring together officials and business leaders in Nicosia on November 6 for its annual conference, focusing on transatlantic cooperation, energy security ...

DCO to support startups explore European expansion Cyprus is being positioned as a potential gateway to the European market for businesses from Digital Cooperation Organisation (DCO) member states, with the ...

Eurobank repurchased 1,313,681 of its own shares for €6.14 million on Euronext Athens between September 14 and September 18, 2026, as part of its ongoing share buyback programme. The bank said the shares were bought ...

The net loss of Louis plc widened to €18.70 million in the first half of 2026, as the hotel and tourism group attributed weaker financial performance to a decline in tourist traffic ...