Passing of Prominent Entrepreneur Nikos Siakolas
July 2, 2026
Nikos Siakolas, one of Cyprus's prominent businessmen, passed away at the age of 98. His life was filled with successes in international trade, shipping, and finance. He founded many companies, with the 'Shacolas Tower' in Nicosia being one of his most iconic projects. He also served as the honorary consul of Mexico in Cyprus and made significant donations to support educational and cultural projects. His business activities were impacted by the Turkish invasion in 1974, but his persistence led to further successes.