By winning 14 domestic competitions in the 2000s (5 national championships, 3 Cups, and 6 Super Cups), as well as a European crown (Regional Challenge Cup, South Conference 2003), AEL enjoyed the most successful period in its history and retained its title as the "Queen" of Cyprus basketball [REF].
In October 2014, the club announced the basketball section would be dissolved due to its economical trouble.