CLOSE

Loading...

12° Nicosia,
04 July, 2026

Renowned for his extensive philanthropy, Shacolas funded major medical, educational, and cultural projects across Cyprus. Photo credit: @CyprusAeropolis Facebook

CYPRUS

Renowned for his extensive philanthropy, Shacolas funded major medical, educational, and cultural projects across Cyprus. Photo credit: @CyprusAeropolis Facebook

Cypriot business pioneer Nikos Shacolas passes away at 98

Newsroom

Nikos K. Shacolas, one of the most prominent and visionary figures in the Cypriot business community, has passed away at the age of 98. His death was announced on Thursday morning by the CTC Group, the conglomerate he founded and led for decades.

READ MORE

Cyprus and Kazakhstan sign double taxation avoidance agreement

Cyprus and Kazakhstan sign double taxation avoidance agreement

The treaty is based on the OECD’s Model Convention for the Avoidance of Double Taxation on Income and on Capital

Newsroom / CNA

16/05/2019 | BUSINESS

K. Treppides & Co Ltd: Income Tax Law Amendments

K. Treppides & Co Ltd: Income Tax Law Amendments

16/05/2019 | BUSINESS

Radisson to expand footprint into Nicosia

Hotel chain established in Larnaca throws hat in the ring as capital’s hotel industry is reshaped

Newsroom

15/05/2019 | BUSINESS

Russian House in Cyprus marks its 5 year anniversary

Russian World Foundation honors Andreas Neocleous

Lawyer Andreas Neocleous honored at ceremony at the Russian House in Limassol

Newsroom

15/05/2019 | BUSINESS

Bank of Cyprus posts profit amid CEO departure

Bank of Cyprus posts profit amid CEO departure

Management actively exploring strategies to further accelerate de-risking said Hourican

Newsroom

14/05/2019 | BUSINESS

New CEO for Bank of Cyprus

New CEO for Bank of Cyprus

Insider Panicos Nicolaou will replace John Patrick Hourican as Chief Executive Officer

Newsroom

13/05/2019 | BUSINESS

Revenue from ship management climbs

Revenue from ship management climbs

Revenue from the Cypriot ship management industry climbed to €528 million in the second half of 2018

Source: CNA

08/05/2019 | BUSINESS

Andreas Ekström and Nikolaos Mavridis to speak at Digital Agenda 19 Summit

Andreas Ekström and Nikolaos Mavridis to speak at Digital Agenda 19 Summit

The conference will take place on the 15 and 16 of October 2019 at the Filoxenia Conference Center

Newsroom

07/05/2019 | BUSINESS

Cyprus fiscal debt at 102,5% of GDP

Cyprus fiscal debt at 102,5% of GDP

CYSTAT publishes preliminary fiscal results for 2018

Newsroom

19/04/2019 | BUSINESS

US Treasury official: Cyprus has made huge progress in combating money laundering

US Treasury official: Cyprus has made huge progress in combating money laundering

Marshall Billingslea was speaking after a meeting with Finance Minister Haris Georgiades

Newsroom / CNA

19/04/2019 | BUSINESS

267 268 269 270 271 272 273 274 275 276

Senior staff had warned the suspect days before the attack regarding large loans taken from colleagues. File photo

NEWS

Video of tragic Limassol shooting shared online as police officer’s gambling debts surface

Previous Topic

An exhibition at the European Economic and Social Committee explored Commandaria's journey from ancient Nama to one of Cyprus' most treasured cultural symbols. Photo credit: www.visitcyprus.com

LIFE

A taste of history: Commandaria's journey from ancient Cyprus to Brussels

Next Topic

The assault occurred during a public disturbance intervention, with prosecutors fast-tracking the case to court today. Photo credit: Unsplash

NEWS

Drunk man assaults officer during midnight weapon arrest in Ayia Napa

Αlso read

X