Kyriacos Nicolaou

Cyprus’ Gross Domestic Product (GDP) was revised to €24.01 billion at current prices for 2021 and to €21.89 billion for 2020, according to a report released on Monday by the Cyprus Statistical Service (Cystat). ...

Tourist arrivals in September 2022 increased by 21.9 per cent compared to last year’s corresponding period, with the majority of tourists being from the United Kingdom, according to a report released ...

Cyprus’ Economy and Competitiveness Council on Monday released a report illustrating that the prolonged and pronounced increase in consumer prices and inflation has been ranked by both public and private ...

Limassol port management company DP World on Monday announced that on Thursday last week, October 13, it welcomed Royal Caribbean’s Odyssey of the Seas on her stopover at DP World ...

The University of Cyprus’ Economics Research Centre (CypERC) on Monday released its updated economic outlook report, noting that real GDP growth in 2022 is projected at 4.9 per cent, up by 2 percentage ...

The global market experienced a major downturn during the third quarter of 2022, with demand dropping sharply, according to a report released this week by technology analysts Canalys. According to the ...

Non-performing loans (NPLs) in Cyprus’ banking sector stood at €2.85 billion at the end of July 2022, reflecting a decrease of €69 million compared to the previous month, according to a report published ...

President Nicos Anastasiades on Friday addressed the opening of the Eastern Mediterranean Gas Forum (EMGF) Energy Transition Conference, noting that the conference being held in Cyprus underlines the collaborative relationship ...

Paphos hoteliers association (Pasyxe) president Thanos Michaelides on Thursday spoke on the rise in operating costs in the tourism sector, mainly in terms of energy-related bills and expenses, as well ...

The Cyprus Shipping Chamber (Kne) on Thursday announced that it successfully held a panel discussion focusing on a greener shipping and maritime industry through collaborative practices. The panel discussion was ...

Larnaca-based airline Cyprus Airways on Thursday announced that it is pleased with its September performance, recording a seat load factor (SLF) of approximately 80 per cent during this time. In addition, ...

The Cyprus Securities and Exchange Commission (CySEC) on Wednesday released an investor guide on financial resilience, highlighting ways in which investors can adapt to a sudden change in their income, ...

Cyprus’ trade deficit increased by €1.53 billion during the first eight months of 2022, compared to the corresponding period from last year, exceeding €5 billion in total value, according to a report based ...

Government employment in Cyprus increased by 0.4 per cent year-on-year in September 2022, with the total number now standing at 52,601 members of staff, according to a report released this week by the ...

The Association for the Protection of Borrowers (Syprodat) on Tuesday released a statement in which it requests meetings with House Speaker Annita Demetriou, Central Bank Governor Constantinos Herodotou, as well ...

The upcoming conference of the Eastern Mediterranean Gas Forum (EMGF) in Cyprus on October 14, which Minister of Energy, Commerce and Industry Natasa Pilides is leading as forum president, will centre ...

The Cyprus Shipping Chamber (Kne) this week announced that it supports the joint statement by European shipping industry stakeholders who call for the sequestration of shipping revenues in the Emission ...

The Economic Policy Uncertainty Index (EPU) in Cyprus surpassed all previous records in April 2022, after the Russian attack on Ukraine last February, reaching a value equal to 364.8, according to a ...

Ratings agency Moody’s on Wednesday announced that it has upgraded the Bank of Cyprus and Hellenic Bank’s long-term ratings, including their long-term bank deposit ratings to Ba2, from ...

The majority of Cypriot businesses said that the biggest challenges that they are now facing include the prerequisite development of digital skills of their staff (62 per cent), and the understanding ...

Net new lending in Cyprus fell during August 2022, dropping to €182.3 million, the second month in a row where a decrease was observed, according to a report released on Tuesday by ...

The meeting of the European Central Bank’s (ECB) Governing Council, scheduled to take place in Limassol on Wednesday, is expected to include a discussion on reducing the ECB’s ...

President Nicos Anastasiades on Saturday, on which 62 years of independence was marked, paid his respects to all those who gave their lives fighting for freedom from colonialism. “Thanks to their ...

The Met Office on Saturday issued a yellow weather warning over high temperatures on Sunday, which are expected to hit a peak between 11am and 4pm. According to the warning, ...