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News: Economy

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

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SME and Clusters Assembly in Dublin calls for less red tape and a more unified European marketEconomy
Economy

SME and Clusters Assembly in Dublin calls for less red tape and a more unified European market

The three-day event in Dublin brought together 559 participants from 40 countries, who called for simpler rules, better access to finance and consistent EU regulation for small businesses.

November 6, 2026
TechIsland Backs Cyprus Overhaul of Registration Rules for Foreign-Interest CompaniesEconomy

TechIsland Backs Cyprus Overhaul of Registration Rules for Foreign-Interest Companies

TechIsland says the revised registration framework approved by the Council of Ministers will help international firms stay and…

November 6, 2026
National Bank of Greece buys back 1.28 million own shares for nearly €19.8 millionEconomy

National Bank of Greece buys back 1.28 million own shares for nearly €19.8 million

National Bank of Greece repurchased 1,282,231 of its own shares on Euronext Athens between October 26 and November…

November 6, 2026
Alpha Bank Sets Five-Year Plan Targeting Over €4 Billion in Distributions by 2030Economy

Alpha Bank Sets Five-Year Plan Targeting Over €4 Billion in Distributions by 2030

Alpha Bank has presented its Alpha Accelerated strategy for 2026-2030, aiming for a RoTE of around 16 per…

November 6, 2026
CISCO Ltd Tops Cyprus Stock Exchange Trading in October With 33.54 Per Cent ShareEconomy

CISCO Ltd Tops Cyprus Stock Exchange Trading in October With 33.54 Per Cent Share

CISCO Ltd was the most active member of the Cyprus Stock Exchange in October, holding 33.54 per cent…

November 6, 2026
Bank of Cyprus nine-month profit rises 9% to €383 million; deputy minister ends Silicon Valley visitEconomy

Bank of Cyprus nine-month profit rises 9% to €383 million; deputy minister ends Silicon Valley visit

Bank of Cyprus raised its full-year RoTE guidance after nine-month profit climbed 9 per cent, while Deputy Minister…

November 6, 2026
Eurostat: EU Foreign Direct Investment Stocks Fall in Both Directions in 2025Economy

Eurostat: EU Foreign Direct Investment Stocks Fall in Both Directions in 2025

Eurostat data show EU-held investment stocks abroad dropped 2.3 per cent and non-EU holdings in the bloc fell…

November 6, 2026
Cyprus Industrial Producer Prices Up 2.6% in September, Level With EU AverageEconomy

Cyprus Industrial Producer Prices Up 2.6% in September, Level With EU Average

Eurostat data show Cyprus industrial producer prices climbed 2.6 per cent in September 2026 from August, equal to…

November 6, 2026
Bank of England raises rates to 4% and flags further hike if Iran conflict persistsEconomy

Bank of England raises rates to 4% and flags further hike if Iran conflict persists

The Bank of England raised its key rate to 4% from 3.75%, its first increase in more than…

November 5, 2026
Cyprus Stock Exchange explains dividend payment rules after surge in Demetra Holdings enquiriesEconomy

Cyprus Stock Exchange explains dividend payment rules after surge in Demetra Holdings enquiries

The Cyprus Stock Exchange set out who is responsible for dividend payments and for securities of deceased shareholders,…

November 5, 2026
Asbis posts record third quarter in 2026 as revenue climbs 135.3 per cent to $2.19 billionEconomy

Asbis posts record third quarter in 2026 as revenue climbs 135.3 per cent to $2.19 billion

Cyprus-based technology distributor Asbis reported record third-quarter revenue and profit for 2026, helped by strong demand for AI…

November 5, 2026