Kyriacos Nicolaou

Demetra Holdings Plc on Monday announced the repurchase of 6,000 of its own shares, through a series of transactions executed on September 5, continuing its programme of share buybacks. The company said ...

The Bank of Cyprus (BoC) on Monday announced that investment firm Wellington Management Group LLP has crossed the 5 per cent threshold in voting rights, according to a TR-1 notification of ...

Cyprus recorded the third largest annual increase in gross domestic product during the second quarter of 2025, according to figures published by Eurostat. The country’s GDP rose by 3.3 per cent, ...

Year-over-year spending on artificial intelligence between 2025 and 2029 is set to grow by 31.9 per cent, according to data from the International Data Corporation (IDC). This investment, driven by the growth of ...

Smartphone shipments into Europe, excluding Russia, fell by 9 per cent to 28.7 million units in the second quarter of 2025, according to industry analysts Canalys. A restrained consumer and economic outlook is ...

The Ministry of Energy, Commerce and Industry has announced that in 2026 it will organise national pavilions at three major international exhibitions in technology, innovation and shipping, with the aim of ...

Wrap-up of business & economy stories from the day before Hellenic Bank and Eurobank Cyprus this week announced that a unified schedule of rights and charges will take effect in ...

Cyprus will host the Junior Balkan Olympiad in Informatics (jBOI) 2025, the Cyprus Computer Society (CCS) announced this week. According to the announcement, the event will take place from October 24 to ...

The council of ministers this week approved a proposal by the interior minister to grant funding of €2.1 million to community clusters across Cyprus for urgent works to clear abandoned agricultural ...

Industrial turnover in Cyprus rose by 4.5 per cent in the first half of 2025 compared with the same period in 2024, according to the Cyprus Statistical Service (Cystat). In June 2025, the industrial ...

Passenger traffic at Athens International Airport in August 2025 reached 3.88 million, marking an increase of 6.7 per cent compared with August 2024. Both domestic and international passenger traffic rose during the month. Domestic ...

Budget carrier Wizz Air on Friday announced that it will resume flights from Larnaca to Abu Dhabi starting November 15, 2025. “We are delighted to bring our flights back to Abu Dhabi,” ...

The insurance association of Cyprus (Saek) has pledged to contribute constructively to the public dialogue on the country’s forthcoming tax reform. The association also focused on the specific characteristics ...

Accountant general Andreas Antoniades told the House public expenditure committee this week that the treasury plans to introduce accrual accounting for revenues and expenses, on an unofficial basis, for the ...

The Cyprus Securities and Exchange Commission (CySEC) this week announced the withdrawal of a Cyprus Investment Firm licence, as well as the termination of membership in the Investors Compensation Fund (...

The Bank of Cyprus (BoC) has not yet made a decision on whether to establish a representative office in Greece, it emerged on Friday. According to a report by Philenews, ...

Demetra Holdings Plc on Friday announced that it completed yet another repurchase of its own shares. According to the announcement, the transaction was in line with the relevant regulations of ...

Hellenic Bank and Eurobank Cyprus this week announced that a unified schedule of rights and charges will take effect in Cyprus from November 3, 2025, as part of their ongoing merger, aiming ...

Industrial producer prices in Cyprus fell by 0.2 per cent in July 2025 compared with June 2025, according to figures released by Eurostat. On an annual basis, Cyprus recorded a decrease of 1.2 per ...

The Cyprus Securities and Exchange Commission (CySEC) this week announced a new policy statement setting out the fees that financial entities must pay under the European Union’s Digital Operational ...

Most Greeks struggle to build financial resilience, with more than half regularly running out of money before the end of the month, according to a new survey by fintech app ...

The statistical service has released the latest figures for road freight transport in Cyprus for the first quarter of 2025. During the period January to March 2025, the total weight of goods ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Thursday welcomed the introduction of financial literacy in primary and secondary schools, calling it an essential step for the country’s ...

The Cyprus Development Bank (CDB bank) on Thursday issued a clarification regarding media reports suggesting that the company may be the subject of an acquisition. “There is nothing specific to ...