Kyriacos Nicolaou

Companies that can control the rapidly rising cost of artificial intelligence could gain a competitive advantage as AI models become increasingly commoditised, according to PwC. The professional services firm said ...

Global shipments of extended reality (XR) headwear fell 38.7 per cent year-on-year to 1.9 million units in the first half of 2026, as growing demand for XR glasses failed to offset a steep ...

Services production across the euro area fell in June as the sector’s recovery from the previous month’s growth lost momentum, while data from Cyprus showed a more mixed ...

Cyprus maintained one of the EU’s highest employment rates among people aged 20 to 64 in the second quarter of 2026, even as the overall EU rate edged up only slightly, according ...

The Digital Cooperation Organisation (DCO) has launched an international artificial intelligence challenge aimed at finding practical solutions to water-sector problems, with innovators from Cyprus among those eligible to apply. Cyprus ...

Business & economy wrap-up from the day before Cypriot economists have warned that the European Central Bank (ECB) could raise interest rates further if the war in the Middle East ...

The number of bounced cheques fell by 20.5 per cent in the first eight months of 2026 compared with the same period a year earlier, while their total value also declined, according ...

The European Central Bank (ECB) has found that synthetic securitisation provides only a marginal boost to corporate lending, raising questions about how far the growing market can contribute to European ...

EU countries issued 3.9 million first residence permits to non-EU citizens in 2025, an increase of 10.1 per cent from the previous year, as employment remained the main reason for people being granted ...

Rising DRAM and NAND memory component costs helped drive a 12 per cent year-on-year decline in Latin America’s smartphone market in the second quarter of 2026, with cheaper devices bearing the ...

The Cyprus Stock Exchange (CSE) announced on Friday that trading in 13-week treasury bills of the 6th issue, series 2026, will be suspended from September 15, 2026 to September 17, 2026 inclusive. The temporary suspension ...

Eurobank on Friday said it is investing about €1 billion between 2025 and 2028 in what it described as the largest technology investment programme in the banking group’s history, as it seeks ...

Cypriot economists have warned that the European Central Bank (ECB) could raise interest rates further if the war in the Middle East continues to worsen, as higher oil prices threaten ...

The Cyprus Stock Exchange (CSE) will remove ProsperTree PLC from the emerging companies market (ECM) from September 14, 2026, following the suspension of trading in the company’s shares. The CSE announced ...

Eurobank has emerged as the preferred pick among Greece’s four systemic banks after Euroxx upgraded its estimates and price targets for the sector, citing strong second-quarter results, improved earnings ...

Athens International Airport is reshaping its major expansion programme after passenger traffic rose 4.5 per cent in the first half of 2026, with the airport now planning a more phased approach that ...

Borrowers with floating-rate loans will see their repayments rise following the European Central Bank’s (ECB) latest interest rate increase, although the impact will not be immediate, the Association of ...

Cyprus’ business competitiveness hinges on green and digital shift, says minister Cyprus’ business competitiveness increasingly depends on the green and digital transition, Commerce Minister Michael Damianos said on Thursday, noting ...

The European Central Bank (ECB) raised its three key interest rates by 25 basis points on Thursday, citing continued inflationary pressures from the conflict in the Middle East and warning that ...

Cyprus technology sector leads decades-long surge in productivity Productivity growth in Cyprus remained concentrated in a small number of sectors over the past three decades, with information and communications technology (...

Cyprus recorded a 3.5 per cent year-on-year increase in agricultural output prices in the second quarter of 2026, making it the third-highest increase in the European Union, according to Eurostat data published ...

George Karatzias was appointed chairman of the Cyprus Securities and Exchange Commission (CySEC) on Thursday, returning to the regulator just over two years after leaving to become an executive director ...

The Finance Ministry announced on Thursday that the final trading date for the 13-week Treasury bills 6th edition, Series 2026, will be September 14, 2026. The government securities, which are traded under the ...

Cyprus and Bahrain step up efforts to expand trade and investment ties Cyprus and Bahrain are seeking to deepen business and maritime cooperation, with Cyprus Chamber of Commerce and Industry (...