Kyriacos Nicolaou

Non-performing exposures (NPEs) within the Cypriot banking sector dropped to €1.70 billion at the end of June, down from €1.80 billion in March, according to the Central Bank of Cyprus (CBC). According ...

Chief Scientist Demetris Skourides participated in the inaugural AI and Web Festival Summit held in Dubai on September 11-12, according to an announcement released on Friday. This leading global event ...

The Cyprus Securities and Exchange Commission (CySEC) is participating in World Investor Week, scheduled for October 7-14, with a strong focus on financial literacy. “Financial literacy empowers citizens to manage ...

President Nikos Christodoulides expressed satisfaction with the appointment of Apostolos Tzitzikostas as the European Union’s new transport commissioner, the top EU post overseeing shipping, as well as the appointment ...

The number of building permits issued in Cyprus experienced a significant surge in June 2024 as local authorities worked to process a backlog of delayed applications. The rush to clear the ...

Deputy Minister of Tourism Kostas Koumis on Thursday said that Cyprus is likely to set a new record for tourist arrivals from France. Speaking during a series of meetings in ...

Deputy Minister of Tourism Kostas Koumis on Thursday said that Cyprus is likely to set a new record for tourist arrivals from France. Speaking during a series of meetings in ...

National investment promotion agency, known as Invest Cyprus, on Thursday announced that it recently participated in the India Mediterranean Business Conclave 2024. The event, held on September 6 in New Delhi, was ...

City of Dreams Mediterranean on Wednesday evening celebrated the official opening of the Marcos Baghdatis Tennis Academy. The resort described the event as the mark of “the beginning of a ...

Eurobank Cyprus on Thursday announced the appointment of Andreas Petsas as its new Chief Executive Officer (CEO), following a decision by the bank’s board of directors. According to the ...

Hellenic Bank provided an update on the bank’s achievements and developments since early 2024 during its annual general meeting on Wednesday. In a statement, the bank said that the meeting “...

Melco Resorts & Entertainment, developer and operator of City of Dreams Mediterranean, on Tuesday evening hosted an event to promote Macao’s status as a travel, leisure, and business destination. ...

Hellenic Bank provided an update on the bank’s achievements and developments since early 2024 during its annual general meeting on Wednesday. In a statement, the bank said that the meeting “...

Inflation in Cyprus, as measured by the Harmonised Index of Consumer Prices (HICP), rose by 2.2 per cent year-on-year in August 2024, according to a report from the Cyprus Statistical Service (Cystat) ...

The necessary conditions for the listing of Bank of Cyprus shares on the Athens Stock Exchange have been met, according to an announcement from the relevant listing and market operations ...

Interview with Oleg Silakov and Phillip Gladkov, co-founders of Gameram In this exclusive interview, Oleg Silakov and Philipp Gladkov, co-founders of the social gaming network Gameram, share insights into their ...

Tourist arrivals to Cyprus reached 554,923 people in August 2024, an 8.5 per cent increase compared to 511,387 in August 2023, according to a report released on Tuesday from the Cyprus Statistical Service (Cystat). From ...

The Cyprus Borrowers Association (Syprodat) and Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Tuesday discussed the need for sustainable loan restructurings, as well as the issue of lending ...

Tourist arrivals to Cyprus reached 554,923 people in August 2024, an 8.5 per cent increase compared to 511,387 in August 2023, according to a report released on Tuesday from the Cyprus Statistical Service (Cystat). From ...

Eurobank’s recent acquisition of a majority stake in Hellenic Bank, Cyprus is set to enhance its credit profile and geographic diversification, according to a statement by credit rating agency ...

Research Deputy Ministry official Georgios Komodromos on Tuesday said that digital transformation is crucial in improving the country’s competitiveness and economic growth. In a statement, Komodromos outlined the government’...

The Cyprus Borrowers Association (Syprodat) this week expressed “disappointment, discouragement, and a sense of failure” among trapped buyers, who are effectively paying off the debts of property developers from whom ...

Cyprus experienced a 4.8 per cent increase in hourly labour costs during the second quarter of 2024 when compared to the same period from last year. According to a report from the ...

Cyprus’ competition watchdog has ruled that competition in the country’s banking market remains healthy, approving Eurobank’s acquisition of a 26.1 per cent stake in Hellenic Bank. With the transaction, ...