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News: Economy

Cyprus news in the “Economy” category — updated throughout the day.

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Former Cyta CEO Andreas Neocleous to join PwC Cyprus as Chief Consulting OfficerEconomy
Economy

Former Cyta CEO Andreas Neocleous to join PwC Cyprus as Chief Consulting Officer

Andreas Neocleous will join PwC Cyprus on October 16, bringing more than 25 years of experience in strategy, transformation and innovation.

October 8, 2026
Foreign-controlled enterprises accounted for 10% of Cyprus jobs in 2024Economy

Foreign-controlled enterprises accounted for 10% of Cyprus jobs in 2024

Cyprus had 681 foreign-controlled enterprises employing 40,187 people and generating €4.76 billion in value added in 2024, according…

October 8, 2026
Cyprus housing pressures concentrate in growing cities as rental demand risesEconomy

Cyprus housing pressures concentrate in growing cities as rental demand rises

The European Commission’s 2026 report links rising rents in Cyprus to strong housing demand and limited long-term rental…

October 8, 2026
AmCham Cyprus calls for stronger US ties through visa-free travel, tax treaty and direct flightsEconomy

AmCham Cyprus calls for stronger US ties through visa-free travel, tax treaty and direct flights

AmCham Cyprus has proposed five measures to strengthen Cyprus-US relations, including visa-free travel, a modernised tax treaty and…

October 8, 2026
Teroxx expands Cyprus presence with new headquarters in NicosiaEconomy

Teroxx expands Cyprus presence with new headquarters in Nicosia

Invest Cyprus welcomed Teroxx’s new Nicosia headquarters, describing the expansion as evidence of Cyprus’ appeal to international financial…

October 8, 2026
Eurobank backs ninth annual youth entrepreneurship awards in CyprusEconomy

Eurobank backs ninth annual youth entrepreneurship awards in Cyprus

Eurobank renewed its support for Keve’s annual awards recognising entrepreneurs under 40 and their contribution to the Cypriot…

October 8, 2026
Italy and Cyprus to explore maritime cooperation at Limassol business forumEconomy

Italy and Cyprus to explore maritime cooperation at Limassol business forum

A maritime business forum in Limassol on Friday, October 9, will bring Italian and Cypriot officials and industry…

October 8, 2026
Keve honours young entrepreneurs at ninth annual awards ceremonyEconomy

Keve honours young entrepreneurs at ninth annual awards ceremony

Keve recognised young entrepreneurs across several sectors, extending its annual awards for the first time to Cypriots living…

October 8, 2026
Cyprus promotes food and drink exports at London festivalEconomy

Cyprus promotes food and drink exports at London festival

Cyprus showcased traditional and contemporary food and drink products at the London Food & Drink Festival 2026 to…

October 8, 2026
Elias Neocleous & Co LLC wins Cyprus Tax Firm of the Year for fifth consecutive yearEconomy

Elias Neocleous & Co LLC wins Cyprus Tax Firm of the Year for fifth consecutive year

Elias Neocleous & Co LLC received the Cyprus Tax Firm of the Year award at the 2026 International…

October 8, 2026
Cyprus records EU’s second-highest annual retail trade volume growth in AugustEconomy

Cyprus records EU’s second-highest annual retail trade volume growth in August

Cyprus’ retail trade volume rose by 7.5 per cent year-on-year in August 2026, second only to Sweden in…

October 8, 2026