Apart from its legislative and administrative functions, Nicosia has established itself as the island's financial capital and its main international business centre. In 2018, Nicosia was the 32nd richest city in the world in relative purchasing power. In the 2022 Globalisation and World Cities (GaWC) ranking, Nicosia was classified as a "Beta -" city .

Names

The earliest known external written reference to the settlement that later became Nicosia,

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