News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyChristodoulides says Cypriot defence industry could reach double-digit share of GDP
Nicosia, Cyprus. President Nikos Christodoulides said Cyprus could grow its domestic defence industry to a double-digit share of gross domestic product in the coming years as defence spending continues to rise. President outlines growth…
EconomyCySEC removes VM Vita Markets and HTFX EU from Investors Compensation Fund
Nicosia, Cyprus. The Cyprus Securities and Exchange Commission (CySEC) said it has removed two investment firms from the…
EconomyEurobank S.A. repurchases 1,788,139 shares on Athens Stock Exchange
Athens, Greece. Eurobank S.A. said it repurchased 1,788,139 issued shares between February 9 and February 13, 2026, as…
EconomyCyprus new-build residential market tops €2.5 billion in 2025, led by apartment sales
Nicosia, Cyprus. Cyprus’ newly built residential property market exceeded €2.5 billion in 2025, with apartments accounting for more…
EconomyCyprus Union of Shipowners inaugurates new offices at consecration ceremony
Nicosia, Cyprus. The Cyprus Union of Shipowners (CUS) inaugurated its new offices during a consecration ceremony attended by…
EconomyCyprus enterprises broadly match EU average in paid cloud computing use in 2025, Eurostat says
Nicosia, Cyprus. Enterprises in Cyprus remained close to the European Union average in the use of paid cloud…
EconomyCypriot business bodies mourn entrepreneur Constantinos Shiacolas
Nicosia, Cyprus. Cypriot business organisations expressed sorrow over the death of prominent entrepreneur Constantinos Shiacolas, describing him as…
EconomySociete Generale Bank Cyprus receives payments processing awards from J.P. Morgan and Bank of New York
Nicosia, Cyprus. Societe Generale Bank Cyprus Ltd (SGBCy) has received two awards from major US financial institutions over…
EconomyCyprus posts 5.2% drop in greenhouse gas emissions in Q3 2025, Eurostat says
Nicosia, Cyprus. Cyprus recorded a 5.2% reduction in greenhouse gas emissions in the third quarter of 2025 compared…
EconomyCyprus Chamber of Commerce and Industry to host forum on space technology and AI on June 8, 2026
Nicosia, Cyprus. The Cyprus Chamber of Commerce and Industry (Keve), in partnership with the Eratosthenes Centre of Excellence,…
EconomyCyprus property buyers face persistent title deed delays despite strong 2025 sales figures
Nicosia, Cyprus. Reports of Cyprus’s strongest property sales year since 2007 have coincided with continued buyer complaints over…