News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCyprus banking sector keeps non-performing loans at 1.6% in February 2026, CBC says
Nicosia, Cyprus. Cyprus’ banking sector maintained a historically low level of non-performing loans in February 2026, according to updated figures published by the Central Bank of Cyprus. The non-performing loans ratio remained stable at…
EconomyDemetra Holdings Plc buys back 6,500 shares at €1.465 each
Nicosia, Cyprus. Demetra Holdings Plc repurchased 6,500 of its own shares on May 7, 2026 through the Cyprus…
EconomyAmCham Cyprus joins UCLan Cyprus event on AI opportunities, risks, and ethics
Nicosia, Cyprus. The American Chamber of Commerce in Cyprus (AmCham Cyprus) said it participated in a UCLan Cyprus…
EconomyICPAC meets Cyprus energy minister to discuss transparency in hydrocarbons sector
Nicosia, Cyprus. The Institute of Certified Public Accountants of Cyprus (ICPAC) leadership met Energy Minister Michael Damianos on…
EconomyCySEC marks 30th anniversary with Nicosia conference on future of financial supervision
Nicosia, Cyprus. The Cyprus Securities and Exchange Commission (CySEC) marked its 30th anniversary with a conference in Nicosia…
EconomyCyprus promotes fresh produce exports at Freskon 2026 exhibition in Thessaloniki
Thessaloniki, Greece. Cyprus promoted its fresh fruit and vegetable exports at the international exhibition Freskon 2026 as part…
EconomyTechIsland and CIBA sign memorandum to boost cooperation in Cyprus technology and business sectors
Nicosia, Cyprus. TechIsland has signed a memorandum of understanding with the Cyprus International Businesses Association (CIBA) to strengthen…
EconomyCyprus energy markets association criticises delays in energy storage projects
Nicosia, Cyprus. Cyprus’ energy markets association on Friday expressed concern over delays in developing energy storage capacity, warning…
EconomyInvest Cyprus hosts Washington roundtable to promote Cyprus as tech and investment destination for US firms
Washington, United States. Invest Cyprus said it hosted a closed-door roundtable on May 4 with fDi Intelligence and…
EconomyCyta appoints George Metzakis as new CEO with immediate effect
Nicosia, Cyprus. Telecommunications provider Cyta on Friday announced the appointment of George Metzakis as the organisation’s new chief…
EconomyCyprus ranks second-highest in EU business electricity prices in H2 2025, Eurostat data show
Nicosia, Cyprus. Cyprus recorded the second-highest electricity prices for non-household consumers in the European Union during the second…