Kyriacos Nicolaou

The Central Bank of Cyprus (CBC) on Tuesday announced that it has recorded a tightening of lending criteria, combined with a decline in net demand for loans, during the second ...

A bill to regulate matters concerning start-ups and their investments is expected to be submitted to the House of Representatives within this year, according to an update received on Tuesday ...

Transport Minister Yiannis Karousos on Saturday visited the Daytona karting track in Nicosia, where he participated in motorcycle training seminars organised by the Nicosia Motorcycle Club, under the auspices of ...

Finance Minister Constantinos Petrides on Saturday welcomed Cyprus’ upgrading by American credit rating agency S&P, which has revised the country’s credit rating from BBB-/A3 to BBB/...

The Paphos tourism board (Etap) is satisfied with the town’s air connectivity for the coming winter period, it said. Etap managing director Nasos Hadjigeorgiou said that despite the fact ...

Police on Saturday said that yet another person, a 48-year-old man from Limassol, has fallen victim to an online crypto scam, losing €33,000 in the process. According to the police, the ...

Economists have come out in support of the recently agreed upon minimum wage, saying that this will benefit both low-paid workers, as well as the economy. Businesses on the other ...

There was an increase in lending rates and a decrease in new loans in July 2022, according to a report released this week by the Central Bank of Cyprus. According to ...

Architect and founder of the eponymous firm Yiannis Armeftis on Thursday said that environmental policies and the various measures that facilitate them could help mitigate the severe energy crisis currently ...

The Retail Trade Turnover Value Index increased by 11.4 per cent in July 2022, compared to the corresponding month of the previous year, while the Retail Trade Turnover Volume Index increased by 1.5 ...

The accommodation and catering services sector showed the largest annual increase in the turnover index during the second quarter of 2022, reflecting the recovery of the tourism industry, according to a ...

Deputy minister for shipping Vassilis Demetriades on Wednesday travelled to the Netherlands to support and promote Cypriot shipping through a number of meetings with Dutch shipping companies. According to an ...

The Bank of Cyprus on Wednesday released its financial results for the first half of 2022, posting a profit after tax of €50 million, marking a significant improvement over the €1 million loss ...

During the previous week, Deputy Minister of Tourism Savvas Perdios spoke on two government schemes that seek to bolster Cyprus’ tourism product, with particular focus on the healthcare and wellness ...

Total petroleum product sales in Cyprus experienced a slight drop in July, with sales from gas station pumps falling for the second month in a row, according to a report ...

A number of loopholes and weaknesses in how rules are enforced have resulted in the delay of millions of euros in taxes being collected, according to a report released this ...

CarVal, an established global alternative investment manager, on Monday, increased its stake in the Bank of Cyprus to 9.07 per cent, up from the previous percentage of 8.57 per cent, through the ...

Tourism revenue reached €835.7 million in the first half of 2022, reflecting a significant increase compared to the corresponding period of 2021, according to a report released on Monday by the Cyprus Statistical ...

Pioneering innovators tend to share one common trait. They have a strong drive that pushes them towards seeing the state of things as they are in the present and how ...

Computer shipments experienced a decline for the second quarter in a row at the end of the first half of the year, hindered by issues on both the demand and ...

Cyprus has always exhibited tremendous resilience throughout its short history as an independent country to bounce back from catastrophic events and external shocks. To achieve this feat, it has had ...

The pandemic brought to light a great deal of financial, economic and operational weakness across the world. This prompted organisations across all industries to double down on business reliance planning, ...

The balance of deposits in Cyprus amounted to €51.2 billion, while the balance of loans to €28.6 billion in July 2022, registering a net decrease compared to June, according to a report published ...

Cyprus Securities and Exchange Commission (CySEC) chairman George Theocharides on Thursday said that the commission is closely monitoring the non-binding takeover offers submitted by private equity firm Lone Star for ...