News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCITEA warns of sharp rises in RAM and tech component prices, urges measures to protect projects
Nicosia, Cyprus. The Cyprus Information Technology Enterprises Association (CITEA) on Friday warned of sharp increases in RAM prices and other critical technology components after meeting Deputy Minister Nicodemos Damianou. Market instability and project risk…
EconomyDemetra Holdings reports sharp profit drop in 2025 after one-off gains boosted 2024 result
Nicosia, Cyprus. Demetra Holdings Plc reported a sharp decline in profitability for the year ended December 31, 2025,…
EconomyVassilico Cement Works reports 2025 net profit of €35.52 million as revenues rise 11%
Nicosia, Cyprus. Vassilico Cement Works Public Company Ltd reported higher profit and revenue for 2025, citing stronger domestic…
EconomyShipping leaders meet in Singapore to address geopolitics, regulation and industry transition
Singapore, Singapore. Global shipping leaders gathered in Singapore this week to discuss how geopolitical disruption, regulatory uncertainty, decarbonisation…
EconomyCaptain Iro Gidakou reflects on career from Limassol to leading LNG vessel operations
Limassol, Cyprus. Captain Iro Gidakou has traced a career from her upbringing by the sea to senior roles…
EconomyEurobank to open Mumbai representation office as it advances UPI remittances link to Greece
Mumbai, India. Eurobank will open its representation office in Mumbai next month, according to chief executive Fokion Karavias…
EconomyCyprus slightly above EU average in business use of ICT tools for environmental sustainability
Nicosia, Cyprus. Cyprus is slightly above the EU average in the use of digital tools to support environmental…
EconomyBank of Cyprus sets May 15, 2026 annual general meeting and outlines dividend, buyback and share issuance proposals
Nicosia, Cyprus. The Bank of Cyprus published the notice for its annual general meeting, setting out meeting arrangements…
EconomyCyprus hosts wealth management conference as parliament approves changes on household solar surplus
Limassol, Cyprus. The Cyprus Chamber of Commerce and Industry (Keve) held a conference on private clients and wealth…
EconomyCyprus produced 9,053.9 tonnes of farmed aquatic organisms in 2024 as EU aquaculture declined
Nicosia, Cyprus. Cyprus produced 9,053.9 tonnes of farmed aquatic organisms in 2024, as overall aquaculture output across the…
EconomyKeve hosts private wealth management conference in Limassol on changing global landscape
Limassol, Cyprus. The Cyprus Chamber of Commerce and Industry (Keve) on Thursday held its Private Clients in the…