News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCyprus launches €3 million grants to help hotels install private desalination units
Nicosia, Cyprus. Cyprus’ agriculture ministry on Tuesday announced an initiative to help hotels install private desalination units to enhance water security as dam levels continue to decline. Grant scheme and licensing changes Agriculture Minister…
EconomyTransport minister to brief Larnaca committee on port and marina study findings
Larnaca, Cyprus. Transport minister Alexis Vafeades will brief Larnaca’s development committee on Friday on the findings of a…
EconomyDemetra Holdings repurchases 6,100 shares via CISCO under AGM authorisation
Nicosia, Cyprus. Demetra Holdings Plc said it repurchased 6,100 of its own shares on February 16, 2026, through…
EconomyCyprus reports broad-based economic growth in 2025, led by tourism and construction
Nicosia, Cyprus. Cyprus recorded broad-based economic growth in 2025, with strong gains in tourism, construction, trade and manufacturing,…
EconomyCyprus expects Kronos gas field decision by end-March, first gas to Egypt planned for 2028
Nicosia, Cyprus. Cyprus expects a final investment decision on managing the Kronos gas field by the end of…
EconomyCyprus shipping sector grows registry tonnage and shipmanagement activity amid global uncertainty
Limassol, Cyprus. Cyprus’ shipping sector is strengthening its international position despite geopolitical tensions, Shipping Deputy Minister Marina Hadjimanolis…
EconomySelk tax conference focuses on Cyprus tax overhaul and implementation of new framework
Nicosia, Cyprus. The Institute of Certified Public Accountants of Cyprus (Selk) convened professionals and policymakers for its fifth…
EconomyECB says high electricity prices are hindering EU electrification drive toward net-zero
Brussels, Belgium. The European Central Bank said persistently high electricity prices are undermining the European Union’s strategy to…
EconomyEllinas Finance admitted as affiliate member of FCI to expand cross-border trade finance
Nicosia, Cyprus. Ellinas Finance Public Company Ltd announced on Tuesday that it has been admitted as an affiliate…
EconomyCyprus real estate developers pledge support for EU-level push on affordable housing
Nicosia, Cyprus. Cyprus’ Real Estate Development Association pledged support for efforts to promote affordable housing at EU level…
EconomyMediterranean EU shipping states coordinate stance ahead of IMO maritime decarbonisation talks
Athens, Greece. Greece and Cyprus are forming a Mediterranean alignment ahead of talks on maritime decarbonisation at the…