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News: Economy

Cyprus news in the “Economy” category — updated throughout the day.

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cruisePAL restructures leadership, appoints Jimmy Lopez as CEOEconomy
Economy

cruisePAL restructures leadership, appoints Jimmy Lopez as CEO

Limassol, Cyprus. Cruise technology provider cruisePAL has restructured its senior leadership team, separating long-term strategy from daily management and technology development as it expands internationally. Sankar Ragavan has moved from president and chief executive…

July 14, 2026Cyprus
Cyprus permitting delays add about €60,000 to new apartment prices, CPDA chairman saysEconomy

Cyprus permitting delays add about €60,000 to new apartment prices, CPDA chairman says

Nicosia, Cyprus. Planning and permitting delays can add around €60,000 to the average price of a new apartment…

July 14, 2026 · Cyprus
Cyprus-flagged ship disabled off Oman as Keo and Demetra Holdings report developmentsEconomy

Cyprus-flagged ship disabled off Oman as Keo and Demetra Holdings report developments

Musandam, Oman. A Cyprus-flagged container ship remained disabled off Oman after a reported Iranian strike caused an engine-room…

July 14, 2026 · Cyprus
Anad pays €11.7 million to Limassol businesses through training and employment schemesEconomy

Anad pays €11.7 million to Limassol businesses through training and employment schemes

Limassol, Cyprus. The Human Resource Development Authority of Cyprus (Anad) paid €11.7 million to businesses in Limassol from…

July 14, 2026 · Cyprus
Limassol chamber says wastewater tanker strike could have been avoidedEconomy

Limassol chamber says wastewater tanker strike could have been avoided

Limassol, Cyprus. The Limassol Chamber of Commerce and Industry (Evel) said the wastewater disruption that prompted an indefinite…

July 14, 2026 · Cyprus
Evel and equality commissioner discuss women’s participation in businessEconomy

Evel and equality commissioner discuss women’s participation in business

Larnaca, Cyprus. The Larnaca Chamber of Commerce and Industry (Evel) and Gender Equality Commissioner Josie Christodoulou discussed measures…

July 13, 2026 · Cyprus
Keo awaits final approvals for €50 million Limassol bottling and distribution centreEconomy

Keo awaits final approvals for €50 million Limassol bottling and distribution centre

Limassol, Cyprus. Cypriot beverage maker Keo is awaiting final government approvals for a €50 million investment in a…

July 13, 2026 · Cyprus
Evel highlights EU presidency events on competitiveness and blue economyEconomy

Evel highlights EU presidency events on competitiveness and blue economy

Limassol, Cyprus. The Limassol Chamber of Commerce and Industry (Evel) said it organised two flagship events during Cyprus’…

July 13, 2026 · Cyprus
Andreas Charalambous appointed head of Fiscal CouncilEconomy

Andreas Charalambous appointed head of Fiscal Council

Nicosia, Cyprus. The government on Monday appointed Andreas Charalambous as the new head of the Fiscal Council, replacing…

July 13, 2026 · Cyprus
Treasury Bills Under TB13D26 Series to Mature on July 24, 2026Economy

Treasury Bills Under TB13D26 Series to Mature on July 24, 2026

Nicosia, Cyprus. The Finance Ministry said the 13-week Treasury Bills under its TB13D26 series will reach final maturity…

July 13, 2026 · Cyprus
Cyprus state workforce rises to 55,162 in June 2026Economy

Cyprus state workforce rises to 55,162 in June 2026

Nicosia, Cyprus. The number of state employees in Cyprus reached 55,162 in June 2026, up 333 people, or…

July 13, 2026 · Cyprus