Kyriacos Nicolaou

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 ...

Cypriot investment platform Sophic, backed by Athlos Capital, this week announced the launch of Money Market Funds (MMFs). The company described MMFs as a “new low-risk investment option designed to ...

Logicom Public Ltd has announced that its board of directors will convene on April 24, 2025, to examine the company’s audited consolidated financial statements for the financial year 2024. The meeting will ...

BYD, the world’s leading manufacturer of electric vehicles, has officially appointed Alpan Group as its national dealer partner in Cyprus, marking a major step forward in the country’s ...

The Cyprus Hoteliers Association (Pasyxe) on Monday reported a strong increase in hotel bookings during the current period ahead of Easter, reflecting heightened demand across the island. Speaking to the ...

The Cyprus Statistical Service (Cystat) on Monday reported a significant decline in the number of building permits issued during December 2024. Specifically, a total of 385 permits were authorised during this time, ...

London-based fintech app Plum, which also has offices in Cyprus, announced on Monday that it has secured £15 million in venture debt financing from global financial group BBVA. According to the ...

Hellenic Bank on Monday released a statement reaffirming its leadership in sustainability by becoming the first company in Cyprus to voluntarily adopt the Corporate Sustainability Reporting Directive (CSRD) and the ...

The Girls in STEAM Academy, in collaboration with Cyta, on Monday announced the launch of a new programme titled Etimes (Ready). This new initiative is aimed at supporting young women ...

The Cyprus Securities and Exchange Commission (CySEC) has issued a new circular reminding Cyprus Investment Fund Managers (CyIFMs) of their obligations regarding the compliance of their websites and marketing communications. ...

The Bank of Cyprus, along with its subsidiaries, on Monday announced the signing of a binding agreement to acquire 100 per cent of Ethniki Insurance Cyprus Ltd from Ethniki Hellenic General ...

Despite facing persistent structural challenges, the Cypriot manufacturing industry continues to demonstrate remarkable resilience in the face of international turbulence, according to the Employers and Industrialists Federation (Oev). Moreover, the ...

The Cyprus Investment Funds Association (CIFA) held its Annual General Meeting (AGM) this week, presenting a comprehensive review of the sector’s achievements and outlining strategic priorities for continued growth ...

The Bank of Cyprus (BoC) on Friday announced the repurchase of 520,200 of its own ordinary shares between April 4 and April 10, 2025, as part of its ongoing share buyback programme. The transactions ...

Eurobank on Friday announced the successful completion of its mandatory public offer to acquire Hellenic Bank, increasing its direct ownership stake to 98.46 per cent of the bank’s issued share ...

The Cyprus Investment Funds Association (CIFA) held its Annual General Meeting (AGM) on Thursday, presenting a comprehensive review of the sector’s achievements and outlining strategic priorities for continued growth ...