Kyriacos Nicolaou

In 2024, European Union countries produced 32.7 billion litres of beer containing more than 0.5 per cent alcohol and an additional 2 billion litres of beer with less than 0.5 per cent alcohol or no ...

Cyprus is steadily emerging as a regional player in digital innovation, technology adoption and artificial intelligence, transforming itself into a competitive hub in the Eastern Mediterranean. At the core of ...

Cyprus recorded a general government budget surplus of €557.6 million (1.6 per cent of GDP) in the period from January to June 2025, according to preliminary figures released by the state statistical service ...

Alpha Bank A.E. and its wholly owned subsidiary Alpha Finance Investment Services S.A. on Monday announced the signing of a definitive share purchase agreement with the shareholders of ...

Pandora Investments Public Company Limited on Monday announced the sale of the Oceanus office tower, a key component of the under-construction Limassol Blu Marine project. The transaction was carried out ...

Cypriot beverage company Keo PLC on Monday announced that it has completed the distribution of its interim dividend to eligible shareholders, in accordance with the announcement issued on June 25, 2025. In ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides said that the country must remain prudent and vigilant in order to navigate the mounting global uncertainty. In an interview with Politis, ...

Spending on telecom and pay TV services in the Middle East and Africa (MEA) region reached $149 billion in 2024, marking a 7.7 per cent year-on-year increase compared with worldwide growth of 2.2 per ...

The global smartphone market experienced a marginal decline in the second quarter of 2025, marking the industry’s first downturn in six consecutive quarters, according to the latest research from Canalys. ...

The global PC market recorded a strong performance in the second quarter of 2025, with total shipments of desktops, notebooks and workstations rising 7.4 per cent year on year to 67.6 million units, ...

Total government budget allocations for research and development (GBARD) across the European Union reached an estimated €127.91 billion, equivalent to 0.71 per cent of gross domestic product (GDP). Eurostat reported that this ...

The imposition of tariffs by the United States strengthens deglobalisation and may lead to short-term increases in the prices of certain goods while uncertainty remains, according to economist Tassos Yiasemides. ...

Cyprus recorded the lowest annual inflation rate among eurozone countries in July 2025, with consumer prices rising by just 0.1 per cent year-on-year, according to preliminary data released by Eurostat. This represents ...

The European Central Bank (ECB) and the European Banking Authority (EBA) on Friday published the results of the 2025 EU-wide stress test, showing that the euro area banking sector is resilient ...

Eurobank has reported adjusted net profits of €711 million for the first half of 2025, marking a decline of 2.9 per cent compared to the same period last year. In addition, the bank’...

The Ministry of Energy, Commerce and Industry, in collaboration with the Cyprus Trade Centre in Beijing, participated with an information kiosk at the 3rd China International Supply Chain Expo (CISCE), ...

The Cyprus Stock Exchange (CSE) has confirmed the continuation of the suspension of trading for the shares of Hangji Global Ltd, which is listed on the Emerging Companies Market. The ...

Eurobank has reported adjusted net profits of €711 million for the first half of 2025, marking a decline of 2.9 per cent compared to the same period last year. In addition, the bank’...

Net new loans in Cyprus recorded a significant increase in June 2025, reaching €642.8 million compared to €297.8 million in May, according to data published this week by the Central Bank of Cyprus (...

The Bank of Cyprus on Friday confirmed that its total issued share capital stood at 435,686,031 ordinary shares as of July 31, 2025, each with a nominal value of €0.10. In a filing to ...

“Luxury is about space, privacy and authenticity” Few destinations embody the quiet elegance and natural beauty of the Mediterranean quite like Anassa, one of Cyprus’ most iconic luxury resorts.  Nestled ...

Interest rates on consumer and housing loans in Cyprus recorded a fresh increase in June 2025, according to figures released this week by the Central Bank of Cyprus (CBC). In contrast, ...

Public Group recorded a strong improvement in its financial performance in 2024, with consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) reaching €22.9 million. This represents an increase of 85.5 per cent ...

The Producer Price Index in Industry for June 2025 remained unchanged, reaching 123.1 points, based on 2021 as the index year, compared to the same month last year. However, the Cyprus Statistical Service ...