News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCyprus says 11 Cyprus-flagged ships in Gulf are safe as it monitors straits closure and regional crisis
Limassol, Cyprus. Deputy Shipping Minister Marina Hadjimanolis said 11 Cyprus-flagged ships in the Gulf are safe as the government monitors a regional crisis and its potential impact on shipping, trade, energy and tourism. Separately,…
EconomyMcKinsey research highlights AI’s growing role in reshaping estate agents’ work
Washington, United States. McKinsey research says estate agents spend most of their time on repetitive, data-heavy tasks that…
EconomyCyprus labour inspection department launches workplace good practices competition for businesses
Nicosia, Cyprus. The Cyprus Chamber of Commerce and Industry (Keve) said the Department of Labour Inspection under the…
EconomyLordos Hotels board to review 2025 audited results and dividend proposal on April 22
Nicosia, Cyprus. The board of directors of Lordos Hotels (Holdings) Public Ltd is scheduled to meet on April…
EconomyBank of England holds rates at 3.75% as officials flag readiness to act on inflation risks
London, United Kingdom. The Bank of England’s rate-setters voted unanimously to keep borrowing costs unchanged and said they…
EconomyEAC warns Cyprus electricity bills could rise up to 20% by August amid fuel price volatility
Nicosia, Cyprus. Cyprus’s Electricity Authority (EAC) said electricity bills could rise by as much as 20% by August…
EconomyECB holds key interest rates as Middle East conflict raises uncertainty
Brussels, Belgium. The European Central Bank Governing Council decided on Thursday to maintain its three key interest rates,…
EconomyGEM Capital says portfolio surpasses five million Steam wishlists
Nicosia, Cyprus. Cyprus-based gaming investor GEM Capital said its portfolio of upcoming titles has surpassed five million combined…
EconomyCyprus becomes associate member of the European Space Agency
Nicosia, Cyprus. Cyprus has become an associate member of the European Space Agency, the agency announced on Thursday.…
EconomyCyprus central bank says credit conditions stable in Q4 2025 as household loan demand rises
Nicosia, Cyprus. The Central Bank of Cyprus said credit conditions for businesses and households remained stable in the…
EconomyParliament to vote on bill extending opening hours and simplifying licensing for venues
Nicosia, Cyprus. Parliament is set to vote on Thursday on proposed reforms for the catering and entertainment sector,…