Kyriacos Nicolaou

There was a 12.7 per cent decrease in the issuance of new building permits in Cyprus during the first two months of 2023, according to data released by the Cyprus Statistical Service (...

Eurobank Cyprus on Monday announced a reduction of 0.50 per cent in mortgage interest rates with variable interest rates for borrowers who are up-to-date with their loan repayments. The bank stated ...

Below are the top business stories from Cyprus from the week starting May 8: The Deputy Minister of Shipping, Marina Hadjimanoli, emphasised the importance of competitiveness, resilience, and anticipation of new ...

The European University of Cyprus this week announced that it will be hosting a conference on Accessibility and Assistive Technology in Education on May 19, 2023, from 4:30 in the afternoon to 8:30 in ...

The Bank of Cyprus on Friday announced that it is now offering a 25-year fixed interest rate for its mortgage customers. According to the statement, this new option aims to ...

The first quarter of 2023 brought with it a sharp increase in Cyprus’ trade deficit, with imports rising significantly compared to the same period in 2022, according to a report released this ...

The Deputy Minister of Shipping, Marina Hadjimanoli, emphasised the importance of competitiveness, resilience, and anticipation of new trends and challenges in the shipping industry. Hadjimanoli’s comments were made during ...

National flag carrier Cyprus Airways on Friday announced a significant increase in its passenger volume for April 2023, providing further evidence of the travel industry’s ongoing recovery from the dire ...

In times of crisis, identifying and taking advantage of opportunities is crucial for economic growth, the president of the Cyprus Investment Funds Association (CIFA), Andreas Yiasemides, said on Thursday. Yiasemides ...

The governor of the Central Bank of Cyprus, Constantinos Herodotou, expressed optimism that with appropriate actions, prudence, and rationality, the country’s economy and banking system can successfully manage the ...

The Cyprus Statistical Service (Cystat) this week reported a significant increase in the weight of products transported by road within Cyprus, as well as to and from Cyprus, in 2022. The ...

The employees of two Cypriot firms which were recently sanctioned by the UK, on Thursday sent an open letter decrying the effects that the freezing of these companies’ accounts has ...

The International Air Transport Association (IATA) this week reported a significant increase in air travel demand for March 2023, with total traffic rising 52.4 per cent compared to the same month in 2022. ...

PwC Cyprus on Wednesday announced that it once again recognised the excellence of its trainee accountants, rewarding their significant distinctions in international exams by the Association of Chartered Certified Accountants (...

Hellenic Bank on Wednesday released a statement summarising its presence at the annual Nicosia Economic Congress, which took place the day before, including its strategy and plans for the future. ...

Alpha Bank Cyprus on Tuesday announced a new deposit interest rate for private accounts over €50,000 that reaches up to 2.10 per cent. In their official announcement, the bank stated that private ...

The Research and Innovation Foundation’s (IDEK) Central Knowledge Transfer Office (CKTO) this week announced that it has started officially accepting applications from interested parties. “We encourage everyone who has ...

President Nikos Christodoulides on Tuesday addressed the Cyprus Shipping Chamber’s annual general meeting, praising the association for its efforts in boosting the local maritime sector, and consequently elevating the ...

Central Bank of Cyprus governor Constantinos Herodotou on Tuesday addressed the annual Nicosia Economic Congress, providing analysis and commentary on the country’s economy, both for the previous year, as ...

President Nikos Christodoulides on Tuesday delivered the keynote speech at this year’s Nicosia Economic Congress, focusing on his administration’s commitment to economic progress and development, while also acknowledging ...

Sebastian Ebel, the Chief Executive Officer of TUI, a leading tourism company, this week declared that the era of inexpensive flights has come to an end, noting, however, that Cyprus ...

Paphos is set to experience its best flight schedule in 30 years, according to Nasos Hadjigeorgiou, the head of the Paphos Regional Board of Tourism (Etap). In statements made to the ...

Interest rates for housing loans increased by 1.25 per cent in March 2023, compared to February 2023, according to the most recent data published by the Central Bank of Cyprus (CBC). The rise ...

The number of bad checks registered in Cyprus in April 2023 rose to 35, according to an announcement released on Monday by the Central Bank of Cyprus (CBC). The CBC’s data ...