Kyriacos Nicolaou

Cyprus witnessed record-breaking tourism revenue in August 2023, marking a substantial annual increase of 20.8 per cent, according to a report by the state’s statistical service. In addition, these extraordinary figures ...

Eurobank Cyprus on Monday announced that the bank recently received an award by the University of Cyprus’ Career Office, on account of its significant contribution to a project connecting universities ...

The number of registered unemployed individuals in Cyprus decreased by 17.4 per cent in October 2023, reflecting a drop of 1,951 people, compared to October 2022. According to a report released by the Cyprus ...

The total value of non-performing loans (NPLs) in the Cypriot banking system at the end of August 2023 saw a decrease of €16 million, dropping to €2.08 billion from €2.10 billion at the end ...

The European Institute of Management and Finance (EIMF) on Monday hosted a roundtable discussion featuring representatives from key market and economic entities under the title, “Investing in Professional Skills as ...

Here are the top business stories in Cyprus from the week starting October 30: The Cyprus Economic Sentiment Index (ESI) saw a minor decline in October, primarily influenced by the weakening ...

A recent survey conducted on behalf of the Association of British Travel Agents (ABTA) has shed light on new travel trends among British tourists, with Cyprus making it to the ...

New loans in Cyprus reached €578 million in September 2023, indicating a €52.3 million increase compared to the previous month when they stood at €525.7 million, according to a report released this week by ...

The Retail Trade Turnover Index in Cyprus increased by 8.6 per cent compared to the same month the previous year, according to a report released this week by the Cyprus Statistical ...

The Paphos Regional Tourism Board (Etap) is continuing its efforts to promote the district’s rural areas, aiming to increase the number of visitors to local communities, according to a ...

The 2023 Startups4Peace (Su4P) programme, the EU Innovative Entrepreneurship project, funded by the European Union, in collaboration with the Embassy of Finland, this week revealed the names of the ...

Limassol’s real estate market saw a total of 1,235 properties being sold during the third quarter of 2023, with a combined value of €310 million, according to Cypriot fintech Ask Wire. The ...

The University of Cyprus’s Economics Research Centre (CypERC) this week revised its projections for the country’s real GDP growth downward for 2023, citing various challenges and uncertainties. The centre’...

The City of Dreams Mediterranean has been honoured with the title of the world’s best new luxury resort-casino at the Seven Stars Luxury Hospitality and Lifestyle Awards 2023 (SSLHLA). In ...

After two consecutive months of inflationary increases, October has brought signs of moderation in Cyprus’ inflation rate, according to the latest report by the Cyprus Statistical Service (Cystat). According to ...

The Cypriot government has reported a surplus of €931.6 million for the period spanning January to September 2023, according to a preliminary estimate released this week by the state’s statistical service. ...

Hellenic Bank on Wednesday released a statement underlining that it is spearheading the green transition with innovative, specialised products, something which was further stressed during a recent energy conference. The 11...

Despite the accumulated challenges it faces, the real estate sector in Cyprus continued to display its resilience during the third quarter of 2023, the Real Estate Agents Registration Council said on ...

HELLENiQ ENERGY, formerly known as Hellenic Petroleum, on Tuesday announced the acquisition of six solar parks in Cyprus with a total capacity of 26 MW. According to the announcement, this strategic ...

Cyprus has been selected to host the International Conference and General Assembly of the Women’s International Shipping and Trading Association (WISTA International) in 2024, with the event set to take ...

The president of the Paphos Chamber of Commerce and Industry (Evep) George Mais this week emphasised the necessity of accelerating actions and efforts related to the digital transformation and other ...

Household debt in Cyprus has fallen to 69 per cent of the Gross Domestic Product (GDP), according to a report released on Tuesday by the Central Bank of Cyprus (CBC), for ...

The European Central Bank (ECB) kept interest rates unchanged last week, breaking a remarkable trend of ten successive rate hikes. The ECB remained resolute in its stance that the increasing ...

The Cyprus Economic Sentiment Index (ESI) saw a minor decline in October, primarily influenced by the weakening business climate in the services sector, according to a report by the University ...