Kyriacos Nicolaou

Pegeia mayor Marinos Lambrou is pushing forward with development projects worth a total of €7 million. According to statements made to the Cyprus News Agency (CNA), Lambrou said the first project ...

The total number of government-employed people increased during July, with 92 additional people joining the public sector, the Cyprus Statistical Service said in a report. This represents a 0.2 per cent year-on-year ...

Beer deliveries in Cyprus have increased year-on-year during the first seven months of the year, a report by the Cyprus Statistical Service has shown. According to the service, 19.49 million litres ...

The Covid-19 pandemic has accelerated the move to cashless payments, a study shows. “Between 2009 and 2014 the total value of cash-free transactions worldwide increased by almost half, from £269 billion to £389.7 billion,” ...

US technology company Microsoft and the National Institutes of Health (NIH) have joined up to boost biomedical research efforts. Specifically, Microsoft’s Azure cloud services will help the NIH’s ...

The Cyprus statistical service has released data showing that the trade deficit increased during the first half of the current year. The trade deficit for Cyprus increased by €573.6 million during ...

Due to years of fiscal mishandling and skyrocketing operational costs, Lionel Messi, arguably the greatest player of all time has left Barcelona – the club he called home for 21 years. “We ...

Hellenic Bank has accumulated a property portfolio worth €300 million and is now looking to sell it. The properties were the result of borrower debt and related debt restructuring initiatives and ...

Business in Limassol is better this year by Kyriacos Nicolaou and Andrew Rosenbaum Business in Limassol is “not as gloomy” this year as it was in 2020, according to a survey ...

The University of Nicosia is collecting supplies for municipalities in fire-stricken regions in Greece which will then distribute them to the people affected by the catastrophic blaze. “The University of ...

ASBIS, an information and communications technology distribution company based in Limassol, has announced that it has made a property acquisition to the tune of €6.2 million. The recently acquired 5,735 square metre ...

The Cyprus Hoteliers Association has presented a plan detailing how the sector can recover in Cyprus. “Hoteliers remain focused on achieving the ambitious objectives that have been set despite the ...

Cyprus-based Vioiatriki Laboratories are offering a cellular immunity test for Covid-19, according to a statement. “Cellular immunity begins almost simultaneously with the production of antibodies to the virus after disease ...

The redevelopment of the Larnaca port and marina is expected to generate billions in revenue, Kition Ocean Holdings CEO Panos Alexandrou said in a press release on Wednesday. Moreover, the ...

Cyta’s new chairman of the board Michael Ioannides has officially assumed his duties, releasing an introductory statement about his new role. “The challenge, both for me and for all ...

The Central Bank of Cyprus has released its Quarterly Financial Accounts (QFA) publication, providing aggregated data on the financial assets and liabilities in the financial sector. The latest results, which ...

Hideo Kojima’s Death Stranding action game has sold more than five million copies worldwide across all of its available platforms, its production company has confirmed. Kojima Productions has confirmed ...

The Electricity Authority of Cyprus (EAC) has confirmed that the Cyprus Energy Regulatory Authority has approved the EAC’s new fuel rates and basic prices for energy produced from renewable ...

The Ministry of Finance has released the provisional results of its Estia housing loan subsidy scheme. From the 4,374 completed applications received, the ministry has approved 802, roughly 18 per cent of the ...

The Ministry of Energy, Commerce and Industry has released a statement on companies in Cyprus and the energy efficiency regulations affecting them. The ministry specifies that companies that do not ...

The Cypriot used car market has experienced a severe decline over the past 12 years, with 70 per cent fewer sales since that time, according to Andreas Shikkis, president of the Pancyprian ...

Limassol mayor Nicos Nicolaides spoke exclusively to the Cyprus Mail about the city’s businesses, how they have been affected by the pandemic and what the municipality is doing to ...

Households and business owners in Cyprus are less optimistic about the economy when compared with a month ago, a report by the University of Cyprus Economics Research Centre shows. The ...

Property prices dropped in the second quarter of 2021 according to real estate data experts WiRE FS. On a quarterly basis, prices for apartments fell by 0.14 per cent, for houses by 0.36 ...