Kyriacos Nicolaou

A new legislative proposal seeks to exclude casino transactions from the recently enacted €10,000 cash transaction cap on goods and services purchases. The bill was submitted to the House this week ...

The Central Bank of Cyprus (CBC) has issued a warning about counterfeit $100 US banknotes circulating in the market. In its statement, the central bank urged both the public and businesses ...

The legal merger between Eurobank and Hellenic Bank is expected to be completed within the first quarter of 2025, with the final step, the operational merger, scheduled to take place over ...

Invest Cyprus has welcomed the recent announcements from the government regarding the country’s tax reform, highlighting its potential to further enhance the nation’s attractive tax system. The reform, ...

Eurobank has announced a cash dividend of 10.5 cents per share and a €288 million share buyback programme as part of its financial results for 2024. The bank’s three-year plan aims for ...

The legal merger between Eurobank and Hellenic Bank is expected to be completed within the first quarter of 2025, with the final step, the operational merger, scheduled to take place over ...

The Mall of Cyprus on Friday announced the sale of its Annex 3 office building to Karakyr Properties Ltd, a member of the E-Cars Group, for €4.6 million. It should be noted ...

Total bank deposits in Cyprus recorded a net decrease of €211.3 million in January 2025, following a significant net increase of €977.4 million in December 2024, according to the Central Bank of Cyprus (CBC). ...

A Cypriot fintech company is playing a role in the digital transformation of Greece’s mortgage market through a partnership with Attica Bank. Ask Wire, which specialises in real estate ...

The Industrial Production Index for January–December 2024 increased by 3 per cent, compared to the same period the year before, according to a report from the Cyprus Statistical Service (Cystat). Among ...

Hellenic Bank on Thursday reported a net profit of €383 million for the full year 2024, highlighting its strong financial performance and solid capital position. “2024 was a landmark year for Hellenic Bank ...

Hellenic Bank on Thursday reported a net profit of €383 million for the full year 2024, highlighting its strong financial performance and solid capital position. “2024 was a landmark year for Hellenic Bank ...

Unemployment in Cyprus fell to 4.6 per cent in the fourth quarter of 2024, according to a report published by the Cyprus Statistical Service on Thursday. The number of unemployed people stood ...

The future of Cyprus’ tourism industry depends on sustainable development, according to Association of Cyprus Tourist Enterprises (Stek) president Akis Vavlitis. The Stek president on Thursday explained that “while the ...

The Cyprus Securities and Exchange Commission (CySEC) on Thursday released a practical guide on maintaining effective and efficient sanctions screening systems. The guide incorporates the latest findings from CySEC’s ...

The Environment Department has approved the request by Napa Rock Estates Ltd for modifications and extensions to the existing Tasia Maris Hotel in Ayia Napa, with an estimated cost of €1.2 ...

President Nikos Christodoulides on Tuesday announced his intention to introduce sweeping tax reforms. Speaking at an event held to present the government’s proposals at the presidential palace, he promised ...

Ciner Shipping, the largest Turkish shipping company by fleet size, has decided to relocate its operations from Turkey to Greece to better manage its human resources. The CEO of Ciner ...

President Nikos Christodoulides this week said that Cyprus’ industrial sector’s “vast potential” has yet to be fully exploited. Speaking at the official dinner of the Agios Athanasios Industrialists’ Association ...

Cyprus-based Aloha Browser on Wednesday reported an impressive surge in European downloads, experiencing up to 15-fold growth in the year following the implementation of the EU’s Digital Markets Act (...

The economic climate in Cyprus registered a slight improvement in February 2025, the Economics Research Centre of the University of Cyprus (CypERC) reported this week. Specifically, the Economic Sentiment Indicator (ESI) ...

The Cyprus property market displayed stabilising trends in the fourth quarter of 2024, according to the RICS Cyprus Property Price Index by KPMG Cyprus, which tracks real estate price trends across ...

PwC Cyprus this week released the findings of its 14th Annual CEO Survey, revealing a significant increase in business leaders’ confidence in the local economy. The survey, presented at the ...

The Cyprus Borrowers Association (Syprodat) this week released a statement describing the “immediate and effective implementation of measures to tackle high living costs and secure a better future for young ...