Kyriacos Nicolaou

Bank deposits and lending in Cyprus both recorded stronger monthly increases in June, according to figures published by the Central Bank of Cyprus (CBC), reflecting continued growth in household and ...

Tourism and business officials examine role of theme parks in Cyprus Cyprus’ efforts to expand its theme park sector could help transform the island into a more diversified, year-round tourism ...

Cyprus Cement Public Company Ltd and K+G Complex Public Company Ltd have announced the distribution of dividends to their entitled shareholders. Both companies confirmed that dividend cheques have been ...

Cyprus’ petroleum product sales fell sharply in June, according to figures by the state statistical service (Cystat), as the island’s fuel market continued to adjust to the lingering effects ...

The Bank of Cyprus (BoC) on Monday announced that it was named Best Sub-Custodian Bank in Cyprus for 2026 by international financial publication Global Finance, recognising the bank’s performance in ...

Investment firm Demetra Holdings Plc announced on Monday the repurchase of its own shares in line with regulatory requirements of the Cyprus Stock Exchange (CSE) and the Cyprus Securities and ...

Andreas Spyrides takes helm of CFA Society Cyprus CFA Society Cyprus announced on Monday the election of a new board of directors, marking a new phase for the organisation following ...

Eurobank announced on Monday that it repurchased 1,464,364 shares on the Euronext Athens for a total cost of €6,119,952.33 between July 20, 2026 and July 24, 2026, as part of its ongoing share buyback programme. The ...

The Cyprus Trading Corporation (CTC) announced on Monday the completion of its mandatory takeover bid for Ermes Department Stores Plc. The company said the process related to the acquisition of ...

The European Central Bank (ECB) said banks across the euro area tightened lending conditions in 2025 as trade tensions, particularly those linked to exports to the United States, increased risks for ...

Global recorded-music retail sales are expected to reach $48.3 billion in 2026, marking the 12th consecutive year of annual growth for the industry, according to new forecasts from research firm Omdia. The ...

Euro area banks tightened lending standards again in the second quarter of 2026, while business borrowing picked up slightly and household demand for loans weakened, according to the European Central Bank’...

The European Securities and Markets Authority (ESMA) has urged financial market participants to accelerate preparations for the European Union’s transition to a T+1 settlement cycle, warning that 2026 will be ...

Effective enforcement mechanisms will be crucial to the credibility and success of artificial intelligence regulation, according to a new Omdia analysis examining AI policies and regulatory frameworks across major global ...

The International Monetary Fund (IMF) has warned that the rapid development of tokenised finance could either strengthen the global financial system or create new sources of instability, depending on the ...

Construction output across the euro area and the European Union saw a modest rise during May 2026, according to the latest figures released by Eurostat. Seasonally adjusted production grew by 0.4 per ...

The European Commission this week published new guidelines to help artificial intelligence (AI) providers and users comply with transparency requirements under the EU’s AI Act, with the rules set ...

A Cyprus-based venture capital firm is positioning itself ahead of anticipated landmark IPOs in the artificial intelligence sector, with its leadership arguing that the flotations could reshape global valuation benchmarks. ...

31.6 million people were employed in the EU during 2024 to satisfy the final demand for goods and services from non-EU economies, according to a report from Eurostat. This figure accounts for 14.4 ...

Businesses across Europe are reworking IT budgets as they look to cut operating costs and get more from the software they already pay for, according to a new study by ...

Air transport prices in Cyprus fell in June while average air fares across the European Union continued to rise, according to figures released by Eurostat this week. The EU statistical ...

The euro area’s private sector improved far more than expected in July, with activity returning to pre-escalation levels after the conflict with Iran, even as the latest flare-up threatens ...

The European Central Bank (ECB) left its key interest rates unchanged earlier this week, with Central Bank of Cyprus (CBC) governor Christodoulos Patsalides warning on Friday that the broader effects ...

The Central Bank of Cyprus (CBC) on Friday called on citizens to take part in a Europe-wide survey launched by the European Central Bank (ECB), inviting the public to help ...