News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomySyprodat welcomes Pancyprian Cooperative Bank share offering
Nicosia, Cyprus. The Cyprus Borrowers Protection Association (Syprodat) has welcomed the launch of the public share offering for the proposed Pancyprian Cooperative Bank, saying its success will depend on transparency, sound corporate governance and…
EconomyCyprus warns of shipping crisis as summer beach and holiday costs rise
Nicosia, Cyprus. Global shipping remains in “crisis mode” as fighting between the United States and Iran disrupts the…
EconomyRightmove reports unusually large fall in British asking prices
London, United Kingdom. Asking prices for newly advertised British houses and apartments fell 1.0 per cent in the…
EconomyAlma questions cabinet approval for proposed Limassol Mall
Limassol, Cyprus. Alma on Monday questioned the cabinet’s approval of a major commercial development in Ayios Athanasios, citing…
EconomyCyprus petrol station owners seek intervention over tanker decree
Nicosia, Cyprus. The Cyprus petrol station owners’ association has called on President Nikos Christodoulides to intervene over a…
EconomyUnited States raises concerns over EU carbon costs for international flights
Washington, United States. The United States said it is deeply concerned about European Union plans to impose carbon…
EconomyConsumer survey finds savings of up to €66.91 on supermarket household baskets
Nicosia, Cyprus. Consumers could save up to €66.91 on a basket of everyday household goods by selecting cheaper…
EconomyESMA review recognises CySEC progress in cross-border supervision
Nicosia, Cyprus. The Cyprus Securities and Exchange Commission said a follow-up review by the European Securities and Markets…
EconomyPetrolina approves interim dividend of €0.01 per share
Larnaca, Cyprus. Petrolina (Holdings) Public Ltd’s board of directors approved an interim dividend of 2.94 per cent, equivalent…
EconomyCyprus construction material prices rise 3.12% year on year in June
Nicosia, Cyprus. Construction material prices in Cyprus rose by 3.12 per cent year on year in June 2026,…
EconomyCyprus firms expanding abroad warned of rising cyber risks
Nicosia, Cyprus. Cyprus-based fintech and iGaming companies expanding internationally may underestimate cybersecurity risks, according to Andrey Leskin, CTO…