News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyLimassol remains Cyprus’ most expensive rental market despite stabilisation
Limassol, Cyprus. Limassol remains Cyprus’ most expensive city for renters, although rental price increases have largely stalled in 2026, according to Real Estate Registration Council President Marinos Kynigeirou. Kynigeirou said high rents across the…
EconomyLudus: Merge Arena surpasses $50 million in net revenue
Limassol, Cyprus. Top App Games Ltd said its strategy RPG Ludus: Merge Arena has surpassed $50 million in…
EconomyECB holds key interest rates amid Middle East energy price uncertainty
Brussels, Belgium. The European Central Bank kept its three key interest rates unchanged on Thursday, citing uncertainty over…
EconomyCyprus trails EU average for renewable energy use in 2025
Nicosia, Cyprus. Renewable energy accounted for 21.5 per cent of Cyprus’ gross final energy consumption in 2025, placing…
EconomyCyprus leads euro area in card payments as non-cash transactions rise
Nicosia, Cyprus. Non-cash payment transactions increased across the euro area in the second half of 2025, while Cyprus…
EconomyUnigrowth Investments warns of lower first-half profit
Nicosia, Cyprus. Unigrowth Investments Public Ltd issued a profit warning on Thursday, stating that its unaudited profit for…
EconomyBurnham announces 20% business rates cut for pubs, clubs and music venues
London, United Kingdom. Prime Minister Andy Burnham said on Thursday that business rates for pubs, clubs and live…
EconomyVassiliko Cement Works forecasts improved first-half 2026 results
Nicosia, Cyprus. Vassiliko Cement Works Public Company Ltd said its financial results for the first half of 2026…
EconomyMorgan Stanley sees stronger earnings outlook for Greek banks
Athens, Greece. Morgan Stanley expects the Greek banking sector to enter the earnings season with higher profit forecasts,…
EconomyCyprus advances Aphrodite gas sales deal as digital payments rise
Nicosia, Cyprus. All signatures have been obtained for a memorandum of understanding covering the sale of all recoverable…
EconomyCyprus records euro area’s highest share of card payments in late 2025
Nicosia, Cyprus. Cyprus recorded the euro area’s highest proportion of card payments among non-cash transactions in the second…