Kyriacos Nicolaou

The global smartphone market displayed a glimmer of hope with a slight decline of 1 per cent during the third quarter 2023, according to a recent report by industry analysts Canalys. The ...

Here are the top business stories in Cyprus from the week starting October 23: Cyprus witnessed a significant increase in its government debt-to-GDP ratio at the end of the second quarter ...

Despite numerous challenges stemming primarily from rising loan interest rates, persistent inflation, the repercussions of the war in Ukraine, and the ongoing shockwaves of the coronavirus pandemic, the Cyprus real ...

Cyprus is a treasure trove of historic buildings and cultural landmarks, many of which have been designated as listed properties. These historical gems offer not only a glimpse into the ...

Athens-based cruise line Celestyal Cruises this week showcased its largest fleet addition, the Celestyal Journey, at Limassol port. The vessel is part of the cruise routes initiated last September and ...

The Central Bank of Cyprus (CBC) on Friday announced that it has set the reference interest rate for the October-December 2023 quarter at 11.52 per cent. This decision comes in accordance with ...

Cyprus witnessed a modest annual increase in total petroleum product sales in September, despite the prevailing trend of elevated fuel prices, according to a report released on Friday by the ...

The European Digital Innovation Hub in Cyprus (DiGiNN) was officially inaugurated on Wednesday at The Cyprus Institute’s premises, according to an announcement released on Thursday. Deputy Minister of Research, ...

Cyprus’ real estate market witnessed a record number of sales during the second quarter of 2023, reaching a level not seen in 15 years, according to a report released this week by ...

Lending criteria for both businesses and households in Cyprus remained tight during the second quarter of 2023, reflecting the cautious approach adopted by Cypriot banks, according to a report released this ...

Cypriot lender CDB Bank announced on Thursday that it actively supports Cyprus’ endeavours to attract investment funds, serving as a Silver Sponsor at the 9th International Funds Summit & Expo ...

The 36th annual conference of the International Investment Funds Association (IIFA), hosted in Cyprus from October 23 to 25, 2023, has concluded successfully, the Cyprus Investment Funds Association (CIFA) said on Thursday, noting ...

Invest Cyprus, the national investment promotion agency, played a prominent role in the World Investment Forum (WIF) in Abu Dhabi, an event organised by the United Nations Conference on Trade ...

The International Air Transport Association (IATA) recently released its latest industry report, revealing that the remarkable resurgence in passenger traffic, witnessed post-pandemic, persisted through August. “Demand for air travel performed ...

Cyprus has recorded a fiscal surplus of €676.3 million, representing 2.4 per cent of the Gross Domestic Product (GDP) for the year 2022, according to an announcement by the Cyprus Statistical Service. Additionally, ...

The total value of deposits in Cyprus witnessed a substantial increase of €87.7 million in September 2023, marking a recovery after two consecutive months of decline, according to a report released by ...

The Central Bank of Cyprus on Wednesday announced that Gabriel Makhlouf, the governor of the Central Bank of Ireland, concluded his visit to Cyprus, after an invitation had been extended ...

President Nikos Christodoulides this week underlined the government’s commitment to building a resilient economy, with a focus on modernity, justice, transparency, and the green and digital transition at its ...

The Limassol culinary scene has recently expanded with the addition of two new establishments: Salone, an Italian restaurant specialising in pizzas and pasta dishes, and Shibui, an Asian gourmet restaurant. ...

In a resounding endorsement of Cyprus’ burgeoning investment sector, the 36th Annual International Investment Funds Association (IIFA) Conference kicked off in Limassol on Tuesday, welcoming delegates from major Funds and ...

Central Bank of Ireland governor Gabriel Makhlouf on Tuesday stressed the importance of closely monitoring the ongoing geopolitical crisis in the Middle East due to its potential economic implications. In ...

The Cyprus Securities and Exchange Commission (CySEC) this week issued a warning to board members of Cyprus Investment Firms (CIFs), reminding them of their roles and responsibility to meet all ...

Numerous stakeholders from the investment sector and the local business community this week highlighted Cyprus’ remarkable progress in the field of investment capital during the 9th International Funds Summit and ...

The Cypriot Ministry of Agriculture, Rural Development, and Environment and the Eratosthenes Centre of Excellence at the Cyprus University of Technology (Tepak) have signed a memorandum of cooperation, according to ...