News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyPaphos startup Sainni develops real-time AI assistant for sales teams
Paphos, Cyprus. Cyprus-based startup Sainni has developed an artificial intelligence sales assistant designed to support sales teams from identifying prospective customers to coaching representatives during live calls and completing administrative work after meetings. Founded…
EconomyPHC wins concession for commercial units at redeveloped old GSP
Nicosia, Cyprus. PHC Ltd has been awarded the concession to operate five commercial units at the redeveloped old…
EconomyCyprus accounted for 0.2% of EU economic output in 2025
Nicosia, Cyprus. Cyprus accounted for 0.2 per cent of total European Union gross domestic product in 2025, according…
EconomyCyprus retail trade volume falls 1 per cent in June
Nicosia, Cyprus. Retail trade volume in Cyprus fell by 1 per cent in June 2026 compared with the…
EconomyAsbis reports record $44.3 million quarterly net profit in second quarter of 2026
Limassol, Cyprus. Cyprus-based IT distributor ASBISc Enterprises Plc, commonly known as Asbis, reported its most profitable quarter on…
EconomyDemetra Holdings buys back 3,656 shares at €1.47 each
Nicosia, Cyprus. Demetra Holdings Plc repurchased 3,656 of its own shares on August 5, 2026, at a uniform…
EconomyTrading of May-issued 13-week Treasury bills to end on August 24
Nicosia, Cyprus. The Finance Ministry announced on Thursday that trading in 13-week Treasury bills issued in May under…
EconomyCyprus construction sector records strong growth in early 2026
Nicosia, Cyprus. Cyprus’ construction sector maintained strong growth in the first half of 2026, supported by new projects,…
EconomyMorgan Stanley raises targets for Alpha Bank and National Bank of Greece
Athens, Greece. Morgan Stanley has raised its price targets for Alpha Bank and the National Bank of Greece…
EconomyAlphabet reshapes AI leadership as Demis Hassabis takes group-wide science role
London, United Kingdom. Alphabet has reshaped the leadership of its artificial intelligence operations, appointing Nobel laureate Demis Hassabis…
EconomyCyprus industrial producer prices rise 0.3% in June
Nicosia, Cyprus. Industrial producer prices in Cyprus rose by 0.3 per cent in June 2026, according to Eurostat.…