Kyriacos Nicolaou

Cyprus’ retail sector continued its strong performance in June 2026, with both the value and volume of sales rising compared with a year earlier, according to figures released on Monday by ...

Greek lender Eurobank S.A. executed a €2.46 million share buyback between July 27, 2026 and July 31, 2026 as part of its ongoing capital management programme, the Greek lender announced on August 3, 2026. The transaction ...

A Cyprus Chamber of Commerce and Industry (Keve) member association representing property valuers has warned that online property valuation tools and automated valuation systems should only be treated as indicative ...

Artificial intelligence is not only replacing routine work but also creating a major new demand for verifying its outputs, a trend largely overlooked in industry debate, according to a recent ...

Euro area firms rapidly expanded their use of artificial intelligence in 2025, with around 70 per cent reporting some level of adoption, according to a new European Central Bank (ECB) study based ...

Cyprus’ economic sentiment continued to improve in July 2026, supported by stronger confidence among businesses in the services and retail trade sectors, according to the latest business and consumer surveys published ...

The European Union’s electric vehicle market rebounded strongly in 2025, while Cyprus continued its gradual shift towards electrified transport with hybrid cars accounting for more than half of new passenger ...

Global large-area OLED display shipments are projected to surge by 18.8 per cent year-on-year to 38.8 million units in 2026, according to new data released by Omdia. The firm’s latest market tracker ...

Euro area net saving stood broadly unchanged at €902 billion during the four quarters to the first quarter of 2026, according to the European Central Bank’s (ECB) latest quarterly report. This ...

The Cyprus Chamber of Commerce and Industry (Keve) has announced that the Confederation of Indian Industry, in association with the Indian Space Research Organisation, IN-SPACe, and NewSpace India Limited, is ...

The European Central Bank (ECB) this week unveiled the accessibility features planned for the digital euro app, saying the platform will exceed European Union accessibility standards ahead of pilot testing ...

Here are the top business stories in Cyprus from the week starting July 27: Cyprus’ petroleum product sales fell sharply in June, according to figures by the state statistical service (Cystat), ...

The Central Bank of Cyprus (CBC) has set the reference interest rate at 11.32 per cent under Article 314A of the Criminal Code Law (Cap. 154). The central bank said the reference ...

The Central Bank of Cyprus (CBC) on Friday published a new Economic Brief examining how the European Central Bank’s (ECB) recent monetary policy cycle reshaped the composition of bank ...

Freight transport on European Union inland waterways reached 118.0 billion tonne-kilometres in 2025, marking a three per cent decrease equivalent to minus 3.7 billion tonne-kilometres compared with 2024, according to Eurostat. Between 2015 and 2017, freight ...

Total road freight transport across the European Union reached 1,886 billion tonne-kilometres in 2025, marking an increase of 0.9 per cent compared with the previous year, according to a report from Eurostat. In ...

Eurobank on Friday reported €738 million in net profit for the first half of 2026, with its Cyprus operations contributing €231 million as the group raised its full-year outlook following stronger-than-expected performance. Adjusted ...

The Central Bank of Cyprus (CBC) on Friday highlighted the results of the European Central Bank’s (ECB) thematic reverse stress test on geopolitical risks, which assessed how 110 euro area ...

Annual consumer inflation in Cyprus stood at an estimated 4 per cent in July 2026, according to preliminary data released by Eurostat on Friday. This headline figure reflects a slight cooling from ...

The Cyprus Statistical Service (Cystat) on Friday reported that the Index of Industrial Output Prices recorded an annual increase of 2.3 per cent in June 2026. The index reached 125.8 units during the ...

Household financial assets reach €65.30bn, central bank reports The Central Bank of Cyprus (CBC) on Friday published its Quarterly Financial Accounts for the reporting period ending in March 2026, providing an ...

Cyprus fiscal surplus reaches 1.1 per cent of GDP Cyprus recorded a general government fiscal surplus of €420.30 million in the first six months of 2026, equivalent to 1.1 per cent of GDP, according ...

The total number of automated teller machines (ATMs) across Cyprus fell slightly from 398 at the end of the second half of 2024 to 396 at the end of the second half of 2025, ...

Vassiliko Cement Works Public Company Ltd on Friday reported a first-half profit of €23.23 million, up from €19.51 million a year earlier, as stronger domestic cement sales and improved clinker export prices ...