Business Magnate Nikos Shacolas Dead - Tribute to an Entrepreneurial Pioneer
Cypriot business magnate Nikos Shacolas has died at the age of 98 following health problems. Shacolas was a pioneer of the Cypriot economy with activities in international trade, shipping, accounting, and finance. His most notable project was the Shacolas Tower, Cyprus's tallest building. President Nikos Christodoulides paid tribute to his legacy as an indelible mark on Cyprus's economic history.