Kyriacos Nicolaou

New loans in Cyprus increased in March 2023, reaching a total of €922.5 million, up from €527.5 million in the previous month, according to data released by the Central Bank of Cyprus (CBC). ...

The value of real estate sold in Cyprus during the first quarter of 2023 reached €1.7 billion, according to a report released on Monday by the Department of Land and Surveys. In ...

Here are the top business stories in Cyprus from the week starting May 1: Credit rating agency DBRS Morningstar has acknowledged that the Cyprus government announced that it aims to achieve ...

Deputy Ministry eager to continue green and digital transition efforts, engaged with EU on sanctions With the implementation of the state’s action plan, combined with the quality services and ...

The world’s ecosystems are under threat, and businesses are increasingly recognising that managing nature-related risks is essential for their long-term sustainability. However, understanding and managing these risks can be ...

The number of registered unemployed in Cyprus decreased in April 2023, compared to the same month last year, according to a report released this week by the Cyprus Statistical Service (Cystat). ...

Economic outlook is optimistic, primarily driven by tourism and domestic activity While Cypriot economic growth is expected to remain strong, driven by tourism and domestic investment, the fiscal outlook is ...

Businesses across all industries are being advised to take action to control rising costs in the face of inflation, according to an analysis by PwC Cyprus’ Leonidas Stavropoulos and Nicos ...

The Cypriot government posted a surplus of €324.1 million for the first quarter of 2023, according to the preliminary fiscal results released this week by the Cyprus Statistical Service (Cystat). This figure ...

The performance of the Cypriot economy remains strong, despite a weakening of growth momentum in the last quarter of 2022, according to a report released this week by the Economics Research ...

The Paphos regional board of tourism (Etap) this week announced that it has successfully participated in a European programme for smart small-to-medium enterprises (SMEs), which will help to improve the ...

Greenspan Projects, a creative design and build specialist, on Wednesday, announced that it has been appointed to work on City of Dreams Mediterranean, a major project which will create one ...

AstroBank on Wednesday released its annual results for 2022, reporting strong profitability for the year, with net income reaching €12.2 million, and consequently increasing common shareholders’ equity to €203.7 million. According to ...

National investment promotion agency Invest Cyprus on Wednesday released a statement summarising its activities at the Delphi Economic Forum, where a number of actions and initiatives helped to showcase investment ...

Household assets in financial instruments amounted to €59.7 billion at the end of December 2022, according to an announcement by the Central Bank of Cyprus (CBC) released on Tuesday. According to the ...

The Cyprus Chamber of Commerce and Industry on Tuesday announced that Winecore, a group of 15 Cypriot wineries, held its first wine dinner on April 26 at the Dionysus Mansion restaurant in ...

The balance of deposits in Cyprus reached €51.9 billion in March 2023, while the balance of total loans amounted to €25.1 billion, according to a report published on Tuesday by the Central Bank ...

Hermes Airports, the consortium that manages and controls the island’s two International Airports, on Tuesday released a statement welcoming Jazeera Airways to Cyprus. Jazeera Airways, a low-cost carrier based ...

Cyprus has been identified as a “potential rising star” for the rise of its credit rating in the investment category, according to a report released on Monday by global rating ...

Here are the top business stories in Cyprus from the week starting April 24: Cyprus’ shipping industry will continue to improve, according to the country’s Deputy Minister of Shipping, as ...

Calls for government intervention to support affected buyers and the real estate sector With property prices and rents continuing to spiral during the first quarter of the year, calls have ...

Former president Nicos Anastasiades used his speech at the Disy annual party conference, which took place on Saturday, to deny any allegations that he worked behind the scenes to undermine ...

Exante, a global investment company with a presence in Cyprus, this week held an event in Limassol which sought to provide insights on current economic trends and what might be ...

Disy leader and House Speaker Annita Demetriou on Saturday called on the party faithful to let go of toxic attitudes, whispers and rhetoric that instead of healing recent rifts, only ...