News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyBank of Cyprus forecasts steady loan growth and considers targeted acquisitions under 2026-2028 plan
Nicosia, Cyprus. The Bank of Cyprus expects steady loan growth and remains open to targeted acquisitions under its 2026-2028 business plan, according to chief executive officer Panicos Nicolaou. He said the bank aims to…
EconomyCyprus braced for fuel price hikes as global oil markets react to conflict and Strait of Hormuz risks
Nicosia, Cyprus. Fuel prices in Cyprus are expected to rise significantly in the coming days, with authorities warning…
EconomyCyprus property sales rise 12% in February 2026, led by Limassol growth
Nicosia, Cyprus. Property sales in Cyprus rose 12% year on year in February 2026, with 1,537 transactions recorded,…
EconomyCyprus posts EU’s largest monthly fall in industrial producer prices in January 2026, Eurostat says
Nicosia, Cyprus. Cyprus recorded the largest monthly decline in industrial producer prices in the European Union in January…
EconomyCyta wins five Ookla awards as Cyprus hoteliers report cancellations after US travel advisory
Nicosia, Cyprus. Cyta said it secured five major distinctions from Ookla for the second half of 2025, maintaining…
EconomyOev and Keve exchange letters after “truly independent” remark raises concerns
Nicosia, Cyprus. A public statement describing the Federation of Employers and Industrialists (Oev) as the country’s largest and…
EconomyPentagon asks mining firms to boost U.S. supplies of 13 critical minerals
Washington, United States. The U.S. military has asked mining companies to help increase domestic supplies of 13 critical…
EconomyEAC cites ageing generators and rising competition as Cyprus power demand surges
Nicosia, Cyprus. Cyprus’ electricity authority (EAC) is facing challenges linked to ageing power stations, inaccurate generators and increased…
EconomyCSE discloses member market shares for February 2026 trading period
Nicosia, Cyprus. The Cyprus Stock Exchange (CSE) council on Wednesday announced the market shares held by its members…
EconomyDemetra Holdings repurchases 7,990 shares under capital management strategy
Nicosia, Cyprus. Demetra Holdings Plc said it repurchased 7,990 of its own shares on March 3 as part…
EconomyMiddle East conflict escalation disrupts tanker traffic in Strait of Hormuz, Morningstar DBRS says
Nicosia, Cyprus. Morningstar DBRS said escalating conflict in the Middle East is expected to raise volatility in global…