Kyriacos Nicolaou

Total new loans in Cyprus decreased to €473.9 million in April 2023, compared to €922.5 million in the previous month, according to a report released on Tuesday to the Central Bank of Cyprus (...

The economy of Cyprus is expected to experience a slowdown, with growth projected to reach approximately 2.5 per cent in 2023, according to a report released on Tuesday by the International Monetary ...

Here are the top business stories in Cyprus from the week starting May 29: A new plan is expected in the coming days to protect the primary home of people belonging ...

‘We have the right to develop at the same pace as other districts’ By Kyriacos Nicolaou The state should provide the necessary incentives so that the Famagusta district is able ...

Paphos regional board of tourism (Etap) representatives, along with a group of Cypriot hoteliers from the district, visited various Baltic countries this week, in order to participate in regional workshops ...

Deputy Minister of Tourism Kostas Koumis this week announced that the Cabinet of Ministers has decided to establish a new tourism promotion agency, with the goal of boosting Cyprus’ tourism ...

Students from the University of Pittsburgh had the opportunity to tour the facilities of Eurogate Container Terminal Limassol Ltd during a visit to Cyprus this week. According to a statement ...

In a recent working meeting between Cyprus and India held during the Best Invest Congress in Limassol, Marina Hadjimanoli, Deputy Minister of Shipping, emphasised the invaluable asset that shipping represents ...

Cyprus’ tourism revenue experienced a remarkable increase of 41.5 per cent in March 2023, according to a report released on Friday by the state’s statistical service. According to the report, Cyprus’ ...

Cyprus’ general government generated a surplus of €291.9 million in the first quarter of 2023, equivalent to 1 per cent of GDP, according to a report released this week by the Cyprus Statistical ...

Cyprus’ annual inflation rate in May decreased to 3.01 per cent, continuing its downward trend for the seventh consecutive month, mainly driven by a deceleration in the prices of petroleum products. ...

Cyprus’ Gross Domestic Product (GDP) for the first quarter of the year amounted to €6.2 billion, marking a 3.4 per cent increase on an annual basis when measured in volume and adjusted ...

Eurobank Cyprus this week said that its five-year support programme for non-profit organisation Cyprus Seeds, which aims to bolster the island’s entrepreneurial and innovation ecosystem, has borne fruit, with ...

Port management company DP World Limassol on Thursday released a statement announcing that Simon Pitout has been appointed as the company’s new chief executive officer, effective from June 1, 2023. The ...

CFA Society Cyprus and Central Bank Governor Constantinos Herodotou placed the issue of financial literacy at the centre of their discussion during a meeting held on Wednesday. According to a ...

A total of 1,929 apartments and 864 houses were sold during the previous year Cypriot firm Ask Wire on Wednesday released a report detailing real estate sales, including houses and apartments, in ...

National flag carrier Cyprus Airways this week announced the launch of a new route between Larnaca and Preveza, which is set to begin on June 29 with two weekly flights. The ...

The Turkish economy is in a difficult situation, with record levels of foreign currency sales to support the Turkish lira, which no longer accurately reflects the economy, according to professor ...

The Central Bank of Cyprus (CBC) on Tuesday reported that total deposits in April 2023 recorded a net decrease of €173.3 million, compared to a net increase of €59.8 million in March 2023. The ...

European University Cyprus on Tuesday announced that its school of medicine has joined the VERDI project, a “Horizon Europe” project that prioritises vulnerable populations, including pregnant women, children and other ...

Akel general secretary Stefanos Stefanou on Tuesday addressed the pressing issue of housing affordability in Limassol, noting that the city’s homeownership and rental costs are much more pronounced compared ...

Syprodat said that borrowers are willing to renegotiate their loans but are finding it difficult The Association for the Protection of Borrowers (Syprodat) this week said that the key to ...

Here are the top business stories in Cyprus from the week starting May 22: Talks between the government and US energy giant Chevron appeared to move in a positive direction on ...

Under the slogan ‘Together we Thrive’, the Cyprus Pride Parade was underway in Nicosia on Saturday evening as part of the Cyprus Pride Festival 2023 organised by Accept-LGBTI Cyprus. (Photo: Hanna ...