Kyriacos Nicolaou

The Bank of Cyprus on Thursday announced a reduction in its reference lending rate by 0.25 percentage points, responding directly to the European Central Bank’s latest rate cut. As of ...

Cyprus recorded a slight drop in tourist arrivals in March 2025, while maintaining a strong overall increase for the first quarter of the year, according to a report released on Thursday ...

Demetra Holdings on Thursday reported robust financial results for the year ending December 31, 2024, with net profit for the group reaching €132.46 million, corresponding to 66.23 cents per share. This marks a substantial ...

The Bank of Cyprus announced on Thursday that it repurchased a total of 281,147 of its ordinary shares between April 11 and April 16, 2025, as part of its ongoing €30 million share buyback programme. ...

The Cyprus Securities and Exchange Commission (CySEC) has announced regulatory action against members of the board of Itrade Global (Cy) Ltd, following findings of non-compliance with the Investment Services and ...

The Association of Large Investment Projects recently held a meeting with the Honorary Consul of Cambodia in Cyprus Salah Essa. According to an announcement released on Thursday, the meeting formed ...

The Cyprus Securities and Exchange Commission (CySEC) this week issued a strong warning to investors regarding a number of unauthorised websites that are not licensed to offer investment services or ...

The Institute of Certified Public Accountants of Cyprus (ICPAC) took an active role in supporting Global Money Week (GMW), an annual initiative promoting financial literacy among young people across the ...

CNP Cyprus on Wednesday announced the completion of the agreement between CNP Assurances and Hellenic Bank for the acquisition of the CNP Cyprus Group and its companies, CNP Cyprialife, CNP ...

GDEV, a global gaming and entertainment group headquartered in Cyprus, on Wednesday announced its expansion into AI-powered storytelling with the launch of Shortly, an innovative content platform developed by its ...

State-owned asset management company Kedipes recorded net cash inflows of €114.3 million in the fourth quarter of 2024, chairman Lambros Papadopoulos announced on Wednesday. He also described the preliminary agreement with Hellenic ...

To call the Rio Bravo Saloon a Limassol staple would be an injustice. Although it first opened in 1998, it feels like it has been around for much longer, considering how ...

The Cyprus–Germany Business Association (CGBA) held a networking event in Nicosia recently, gathering professionals from a wide array of industries. According to an announcement released on Wednesday, the event ...

Senior executives from Amazon have arrived in Cyprus as of Tuesday, marking a significant step in follow-up discussions stemming from recent high-level meetings between the Cypriot government and major US ...

Cyprus recorded a 2.1 per cent year-on-year increase in the Harmonised Index of Consumer Prices (HICP) in March, when compared with March 2024, according to official figures released on Thursday. Moreover, on ...

State-owned Cyprus Asset Management Company (Kedipes) has reached a preliminary agreement with Hellenic Bank to terminate the Loan Guarantee Scheme (LGS) and repurchase a portfolio of non-performing loans (NPLs). The ...

Invest Cyprus on Wednesday issued a statement highlighting the success of its recent participation in a high-level roadshow to the United States alongside president Nikos Christodoulides. The mission, which took ...

AstroBank on Wednesday posted an after-tax profit of €41.8 million for the year ending December 31, 2024, along with a capital adequacy ratio of 31.1 per cent, its highest ever. AstroBank Chief Executive Officer ...

The 15th Nicosia Economic Congress spotlighted Cyprus’ emerging generation of business leaders, highlighting a clear shift toward innovation, digital transformation, and socially conscious entrepreneurship. Supported by Hellenic Bank, this year’...

Interior Minister Constantinos Ioannou on Tuesday said that the government is moving ahead with a series of draft laws which aim to improve land development and construction processes in Cyprus. ...

Cyprus continues to attract strong interest from Polish travellers, with 2024 marking an all-time record for arrivals from Poland, according to Deputy Tourism Minister Kostas Koumis. Speaking during promotional events held ...

The Cyprus Statistical Service released its bimonthly economic development bulletin on Tuesday, covering activity across a number of sectors for January and February 2025. Specifically, the report offers detailed updates on ...

The Cyprus Securities and Exchange Commission (CySEC) on Tuesday reported that assets under management (AUM) by Collective Investments surged to €10.1 billion in the fourth quarter of 2024. This represents a quarter-on-quarter ...

Cyprus-headquartered ASBIS Enterprises has published its remuneration report for the 2024 and 2023 financial years, offering a detailed view into the company’s executive pay practices, business strategy, and financial performance. The ...