News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyEconomist warns Middle East turmoil could hit Cyprus tourism, energy prices and inflation
Nicosia, Cyprus. Economist Tassos Yiasemides said turmoil in the Middle East is expected to affect tourism, shipping, investment, energy, inflation and household purchasing power in Cyprus, depending on the intensity and duration of the…
EconomyCyprus unemployment holds at 4.2% in January 2026, below euro area and EU averages
Nicosia, Cyprus. Cyprus’ seasonally adjusted unemployment rate stood at 4.2% in January 2026, remaining below both the euro…
EconomyCyta wins five Ookla awards, named Cyprus fastest mobile network for fifth straight year
Nicosia, Cyprus. Telecoms provider Cyta said it secured five distinctions from Ookla for the second half of 2025,…
EconomyCapital Group cuts indirect Eurobank voting rights stake below 5%
Athens, Greece. Eurobank S.A. said The Capital Group Companies, Inc. reduced its indirect holding in the bank to…
EconomyLimassol real estate outlook to be discussed at March 17 conference in Nicosia
Nicosia, Cyprus. Industry leaders, policymakers and investors will gather on March 17 at a conference in Nicosia to…
EconomyCyprus reports 17.1% rise in counterfeit euro banknotes withdrawn in 2025
Nicosia, Cyprus. The Central Bank of Cyprus said 670 counterfeit euro banknotes of various denominations were withdrawn from…
EconomyWoolworth (Cyprus) Properties and Ermes Department Stores set annual general meetings in Nicosia
Nicosia, Cyprus. Woolworth (Cyprus) Properties Plc and Ermes Department Stores Plc announced they will hold their annual general…
EconomyCyprus services and transport sectors post broad-based growth in fourth quarter of 2025
Nicosia, Cyprus. Cyprus statistical service Cystat reported broad-based growth in the island’s services and transport sectors during the…
EconomyCyprus says 19 Cyprus-flagged ships in Persian Gulf remain safe as investment talks continue in Nicosia
Nicosia, Cyprus. Cyprus’ Deputy Ministry of Shipping said 19 ships under the Cypriot flag are operating in the…
Economy€22 million mixed-use tower in Limassol’s Neapolis wins environmental approval
Limassol, Cyprus. A €22 million mixed-use office and commercial tower is planned for Limassol’s Neapolis area after receiving…
EconomyNoatum CSM signs strategic procurement collaboration agreement with GenPro
Dubai, United Arab Emirates. Noatum CSM has signed a strategic collaboration agreement with GP General Procurement Company Limited,…