News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyAudit office questions property sale price drop and tax department’s lack of investigation
Nicosia, Cyprus. The audit office released a report questioning the validity of a property sale by an unnamed “well-known businessman” after the agreed value dropped by €8.5 million. The report asked why the tax…
EconomyRussia transfers ownership of Domodedovo airport to company linked to Sheremetyevo operator
Moscow, Russia. Russia has transferred ownership of Moscow’s Domodedovo airport to a company linked to the operator of…
EconomyKoag projects 244 residences by end of 2026 as it outlines three housing pillars and 2026 budget
Nicosia, Cyprus. The Cyprus Land Development Organisation (Koag) expects to deliver 244 residences by the end of 2026,…
EconomyCyprus records EU’s highest annual retail sales growth in December 2025, Eurostat says
Nicosia, Cyprus. Retail sales in Cyprus recorded the strongest annual growth in the European Union in December 2025,…
EconomyZbigniew Juroszek Family Foundation cuts ASBISc Enterprises voting stake below 5%
Nicosia, Cyprus. ASBISc Enterprises Plc said the Zbigniew Juroszek Family Foundation has reduced its voting stake in the…
EconomyHadjimanolis visits Athens and Alexandria; CFA Society Cyprus sets 2026 priorities
Athens, Greece. Shipping Deputy Minister Marina Hadjimanolis visited Athens and Alexandria from February 4 to 9 to support…
EconomyInfrastructure resilience and climate risk reshape property values in Cyprus and abroad
Nicosia, Cyprus. Property market dynamics in Cyprus and internationally are increasingly shaped by infrastructure resilience, climate risk and…
EconomyEAC says new Dhekelia power plant turbines may not arrive until 2030
Nicosia, Cyprus. New turbines ordered for the Dhekelia power plant may not arrive until 2030, officials of the…
EconomyCyprus Trading Corporation and Woolworth Cyprus Properties set February 27, 2026 annual general meetings
Strovolos, Cyprus. Cyprus Trading Corporation and Woolworth Cyprus Properties announced annual general meetings for February 27, 2026 at…
EconomyEurobank repurchases 1.76 million shares on ATHEX for €7.38 million
Athens, Greece. Eurobank said it repurchased 1,761,170 of its own shares on the Athens Stock Exchange between February…
EconomyCFA Society Cyprus sets 2026 priorities on development, ethics and outreach, president says
Nicosia, Cyprus. CFA Society Cyprus will focus on professional development, ethics and outreach in 2026, according to its…