News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyDemetra Holdings completes share buyback of 6,200 shares on February 17
Nicosia, Cyprus. Demetra Holdings Plc said on Wednesday it completed a buyback of its own shares on February 17 as part of its capital management strategy. The company said the transactions were carried out…
EconomyKeve urges Cypriot family businesses to join KPMG Global Family Business Survey 2026
Nicosia, Cyprus. The Cyprus Chamber of Commerce and Industry (Keve) said KPMG International is conducting the Global Family…
EconomyCyprus shipping forum hears shipowners warn of geopolitical risk, regulation pressure and fuel uncertainty
Limassol, Cyprus. Shipowners at the 9th Annual Capital Link Cyprus Shipping Forum said the shipping sector is entering…
EconomyCyprus updates housing policy with student accommodation plan and higher support thresholds
Nicosia, Cyprus. The interior ministry on Wednesday unveiled updates to the government’s housing policy, including a plan to…
EconomyCyprus banking sector NPL ratio falls below EU average for first time since 2014, CBC says
Nicosia, Cyprus. The Central Bank of Cyprus said the country’s banking sector non-performing loans ratio fell below the…
EconomyPetrolina and eWise Cyprus outline vision for ESSO service station network in Limassol
Limassol, Cyprus. Petrolina Holdings Public Limited and its subsidiary eWise Cyprus Ltd on Tuesday outlined their vision for…
EconomyLaiko Group to dissolve Laiko Holdings and absorb it into Laiko Kafekopteio under restructuring plan
Nicosia, Cyprus. Cypriot business conglomerate Laiko Group will proceed with a corporate restructuring to dissolve Laiko Holdings Public…
EconomyBank of Cyprus reports €481 million profit after tax for 2025 and record €3 billion new lending
Nicosia, Cyprus. Bank of Cyprus (BoC) on Wednesday released its financial results for 2025, reporting a profit after…
EconomyCyprus real estate and government officials highlight affordable housing, shipping and digitalisation priorities
Nicosia, Cyprus. Cyprus’ Real Estate Development Association pledged support for efforts to promote affordable housing at EU level…
EconomyCSM Energy takes over management of newbuild SPEC SPP40 platform supply vessel
Beijing, China. CSM Energy announced the successful delivery of a newbuild Platform Supply Vessel and said it has…
EconomyParliament hears data on rising interest in solar parks and storage as bill targets farmland permits
Nicosia, Cyprus. Data heard in parliament on Tuesday showed strong interest from businesses and individuals in solar parks…