News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyDemetra Holdings repurchases 4,625 shares on Cyprus Stock Exchange
Demetra Holdings Plc bought back 4,625 shares at €1.37 each on October 7, 2026, under its ongoing share buyback programme.
EconomyVassilico Cement Works seeks shareholder approval for 12-month share buyback
Vassilico Cement Works will hold an extraordinary general meeting on October 29, 2026, to seek approval for a…
EconomyCyprus tourism ministry budget projected to fall by nearly €15 million in 2027
The Deputy Ministry of Tourism’s budget is projected to decline by almost 20 per cent as spending linked…
EconomyHalloumi exports worth €350 million a year, with 45% going to UK
The cheesemakers’ association says the UK remains the largest market for halloumi, while efforts are under way to…
EconomyCyprus to seek fiscal flexibility and energy cost relief at EU finance meetings
Finance Minister Makis Keravnos will attend Eurogroup and Ecofin meetings in Luxembourg as Cyprus seeks greater fiscal flexibility…
EconomyJumbo’s Cyprus sales rise 15% in September
Jumbo reported approximately 15% year-on-year sales growth in Cyprus in September, while group sales rose about 8% across…
EconomyYoda Plc to add 24.675 million shares to Cyprus Stock Exchange market
Trading in Yoda Plc’s 24.675 million additional shares on the Cyprus Stock Exchange’s Emerging Companies Market will begin…
EconomyCyprus treasury bills to mature on October 23, with trading ending October 19
The Ministry of Finance said treasury bills under issue TB13G26, covering July 24 to October 23, 2026, will…
EconomyMedochemie receives top distinction at Cyprus Environmental Awards
Medochemie received the Golden Cedar at the Cyprus Environmental Awards 2025 after achieving the highest overall score among…
EconomyPhilip Morris Cyprus appoints Christos Tsagkalidis as general manager
Philip Morris Cyprus has named Christos Tsagkalidis as its new general manager as the company marks five years…
EconomyKeve hosts European partners for study visit on Cyprus ports and maritime skills
A two-day PortAbility EU study visit in Cyprus examined port operations, sustainability and the skills needed for the…