News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyAphrodite gas sale MoU signed with Egypt’s EGAS
Nicosia, Cyprus. All signatures have been obtained for a memorandum of understanding covering the sale of all recoverable natural gas from Cyprus’ Aphrodite field to the Egyptian Natural Gas Holding Company (EGAS), NewMed Energy…
EconomyCyprus Stock Exchange approves listing of €50 million Treasury Bills
Nicosia, Cyprus. The Cyprus Stock Exchange on Wednesday announced it had accepted the listing of 50,000 13-week Treasury…
EconomyLogicom and K. Kythreotis dispatch shareholder dividends
Nicosia, Cyprus. Logicom Public Ltd and K. Kythreotis Holdings Public Ltd announced on Wednesday that dividend payments to…
EconomyCyprus approves research funding mechanism for 2027
Nicosia, Cyprus. The cabinet on Wednesday approved a new funding mechanism for publicly funded research organisations, which is…
EconomyCyprus records one of EU’s highest annual fuel price rises in June
Nicosia, Cyprus. Cyprus recorded one of the European Union’s highest annual increases in fuel prices in June 2026,…
EconomyEU environmental tax revenue rises 6.1% in 2024 as Cyprus collects €718.72m
Nicosia, Cyprus. Environmental tax revenue in the European Union increased by 6.1 per cent in 2024, while Cyprus…
EconomyGreece seeks softer EU restrictions on Russian LNG transport
Athens, Greece. Greece has emerged as the main obstacle to the European Union’s latest sanctions package against Russia,…
EconomyCyprus approves €1.65 million compensation package for pig farmers
Nicosia, Cyprus. The government on Wednesday approved €1.65 million in funding for pig farmers whose animals were culled…
EconomyCyprus construction sector posts strong growth in 2024
Nicosia, Cyprus. Cyprus’ construction sector expanded in 2024, with production value rising by 7.4 per cent to €6.70…
EconomyCyprus Cement acquires 1,800 treasury shares for €2,340
Nicosia, Cyprus. Cyprus Cement Public Company Ltd announced on Wednesday that it purchased 1,800 of its own shares…
EconomyEurobank to release second-quarter 2026 results on July 30
Nicosia, Cyprus. Eurobank will release its financial results for the second quarter of 2026 on Thursday, July 30,…