News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyBanks hold early lead over fintech as Cyprus urged to accelerate digital finance reforms
Speakers at a Limassol summit said banks had adapted to fintech competition, while Cyprus needed faster regulation, less bureaucracy and more skilled workers.
EconomyCyprus startups secure €112.8m in 2026, nearing last year’s funding total
Analysis by Dionysis Partsinevelos puts Cyprus startup funding at €112.8m across 28 rounds in 2026, close to the…
EconomyCyprus shipping minister to visit Japan, China and South Korea on 16-day business mission
Marina Hadjimanolis will visit three major Asian shipping markets from October 14 to 29 to promote the Cyprus…
EconomyFarm groups seek extension of Larnaca port grain storage licence
Five agricultural organisations have urged ministers and the Cyprus Ports Authority to extend a grain storage licence at…
EconomyHybrids take 53 per cent of Cyprus passenger car registrations in January–September 2026
Cystat figures show hybrids increased their share of Cyprus passenger car registrations, while fully electric cars lost ground…
EconomyDemetra Holdings buys back 4,341 shares at average price of €1.371
Demetra Holdings Plc announced four share repurchases on October 12, 2026, through CISCO, under authorisation from its annual…
EconomyCyprus Shipping Association highlights expanding security duties for shipping agents
At FONASBA’s 2026 annual meeting in Tokyo, the Cyprus Shipping Association outlined growing responsibilities for agents and urged…
EconomyChristodoulides says Cyprus is considering further support measures
President Nikos Christodoulides said the government is considering additional support, with some measures requiring European Commission approval.
EconomyLimassol to host first Forbes Cyprus banking and fintech summit with more than 250 participants
The first Forbes Cyprus Next Generation Banking & Fintech Summit on Tuesday will explore financial sector competitiveness, AI,…
EconomyAmCham Cyprus welcomes Complytek AI as a business member
Cyprus-based Complytek AI has joined AmCham Cyprus, expanding the chamber’s network in technology, compliance and financial crime prevention.
EconomyCyprus housing supply outpaces local affordability as minister forecasts economic growth
Ask Wire CEO Pavlos Loizou warns that new developments may not meet Cypriots’ needs, while the finance minister…