Kyriacos Nicolaou

Ermes Department Stores Plc has reached an agreement to transfer the operations of its four ERA department stores to Gencom Ltd, a Nicosia-based company, for a nominal sum of €1. The ...

The Bank of Cyprus Holdings Public Limited Company on Friday announced that it purchased a total of 374,923 of its own ordinary shares between May 2 and May 8, 2025. The shares, each with ...

The Paphos Chamber of Commerce and Industry (Evep) has called for “urgent and coordinated” state support to implement major infrastructure projects and advance the strategic development of the city and ...

The Motor Vehicle Importers and Electric Vehicle Association (Semio) this week issued an urgent appeal to the Transport Ministry, requesting immediate action to resolve the ongoing problems surrounding electric vehicle (...

The Cyprus Securities and Exchange Commission (CySEC) this week announced that The Three Tuns Capital RAIF F.C.I.C. PLC, a Registered Alternative Investment Fund (RAIF), is undergoing a ...

The Cyprus Securities and Exchange Commission (CySEC) on Thursday approved Eurobank’s request to exercise the squeeze-out right to acquire 100 per cent of Hellenic Bank’s shares. The offer price ...

Two-thirds of new hires lack the necessary experience for their roles, according to Deloitte’s 2025 Global Human Capital Trends report. The global survey, shared by Deloitte Cyprus on Thursday, found ...

Hellenic Bank on Thursday reported a profit of €45 million for the first quarter of 2025, with the bank saying that this underscores the strength of its business model. Moreover, the bank ...

The Cyprus Consumers Association has issued a warning about fraudulent investment schemes that promise very high profits in an extremely short period, including claims of significant earnings within a single ...

Cyprus will inaugurate its new business service centre on May 26, a day after the launch of the Brain Gain campaign in London, aimed to attract talented Cypriots back to the ...

The Cyprus Chamber of Commerce and Industry (Keve) has issued an open invitation to all stakeholders to participate in an online focus group discussion centred on the green and sustainable ...

Fintech app Plum, which also has offices in Cyprus, has reported a noticeable shift in the investment behaviour of its Greek users in 2025. According the company, this is the result ...

The Cyprus Economy and Competitiveness Council on Wednesday underscored the urgent need for strict fiscal discipline and targeted strategic investments. It also warned that escalating trade tariffs and geopolitical instability ...

George Pantelides took over as president of the Employers and Industrialists Federation (Oev) on Wednesday, replacing the outgoing Antonis Antoniou, during the organisation’s annual general assembly held in Nicosia. ...

European financial technology provider payabl. on Wednesday announced a new integration with AI-driven fraud platform Sift. The company, which has a precense in Cyprus, said that the new collaboration will ...

The Cyprus Institute of Certified Public Accountants (Selk) has reiterated its stance on the importance of a robust and well-structured tax system that supports sustainable economic growth and secures social ...

The president and CEO of Greece’s Independent Power Transmission Operator (Admie) Manos Manousakis described the recent developments in cross-border energy interconnections as a positive step forward for regional energy ...

Deposit interest rates in Cyprus declined in March 2025 for both households and businesses, reflecting a softening trend in returns on short-term savings, according to the Central Bank of Cyprus (CBC). ...

Leptos Calypso Hotels Public Ltd, a member of the Leptos Group, recorded a significant financial turnaround in 2024. Specifically, the company on Tuesday posted a consolidated net profit of €3.25 million, recovering ...

The number of unemployed persons registered at district labour offices across Cyprus stood at 8,118 at the end of April 2025, according to the latest data released by the Cyprus Statistical Service (...

Credit rating agency Moody’s on Tuesday upgraded the long-term deposit ratings of the Bank of Cyprus to A3 from Baa1, reflecting continued strengthening of the bank’s financial position. ...

The Cyprus Real Estate Agents Registration Council recorded 125 convictions for illegal real estate brokerage in 2024, according to an announcement released on Tuesday. The number of convictions, the council explained, “reinforces ...

Residential properties in Cyprus sold under foreclosure in the final quarter of 2024 lost significant value, with six primary residences auctioned off at an average discount of 26.7 per cent from their ...

The Industrial Turnover Index in Cyprus continued its upward trend in February 2025, reflecting positive momentum across several key sectors of the economy. According to data released, the index reached 130.4 units, ...