News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCyprus casino regulator flags revenue rise and new competition as MPs review 2026 budget
Nicosia, Cyprus. MPs reviewing the Cyprus Gaming and Casino Supervision Commission’s 2026 budget were told casino revenues are rising, while competitive pressures are expected to increase from Greece, the Middle East, and the occupied…
EconomyConsumers’ association warns e-kalathi pricing may mislead shoppers
Nicosia, Cyprus. The consumers’ association raised concerns on Monday that pricing shown on e-kalathi may mislead shoppers and…
EconomyCyprus card payments reach 75% of total volume, Central Bank data shows
Nicosia, Cyprus. Card transactions now account for 75 per cent of total payment volume in Cyprus, the second-highest…
EconomyNeophytou warns Cyprus state payroll surge is unsustainable, cites missed chance for 15,000 affordable homes
Nicosia, Cyprus. Former Disy leader Averof Neophytou said Cyprus’ economy is being undermined by an unsustainable surge in…
EconomyPetrolina completes acquisition of ExxonMobil Cyprus Limited for €45.1 million
Nicosia, Cyprus. Petrolina (Holdings) Public Limited said it has completed the acquisition of ExxonMobil Cyprus Limited, with the…
EconomyCySEC highlights AI questionnaire for Cypriot SMEs under EU co-funded Data ProTech project
Nicosia, Cyprus. The Cyprus Securities and Exchange Commission (CySEC) highlighted an invitation for Cypriot small and medium-sized enterprises…
EconomyCySEC announces settlements with Zorivo Limited and fines KDM Shipping over transparency breaches
Nicosia, Cyprus. The Cyprus Securities and Exchange Commission (CySEC) announced settlements and administrative fines against regulated and listed…
EconomyKeravnos urges weighing all data in debate on Cyprus tax reform and bank taxation proposals
Nicosia, Cyprus. Finance Minister Makis Keravnos on Sunday called on those commenting on the government’s tax reform policy…
EconomyCyprus records EU’s highest non-performing loans in 2024, Eurostat data show
Nicosia, Cyprus. Cyprus recorded the highest level of non-performing loans in the European Union in 2024, highlighting a…
EconomyPrecious metals sell-off wipes $7.4 trillion from global market values
Washington, United States. A sharp sell-off in precious metals erased $7.4 trillion from global market values, with gold…
EconomyIsraeli envoy signals possible March deal on Cyprus-Israel Aphrodite-Yishai gas dispute
Nicosia, Cyprus. Israeli Ambassador to Nicosia Oren Anolik said a breakthrough may be near in the Cyprus-Israel dispute…