News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyBank of Cyprus approves €0.50 final dividend as Cyprus reports sharp drop in tourist arrivals
Nicosia, Cyprus. Bank of Cyprus shareholders approved a final cash dividend of €0.50 per share for the 2025 financial year, while tourism officials reported continued pressure on arrivals amid a sharp decline in April…
EconomyColumbia Cruise Services opens Shanghai office near Adora Cruises to support fleet operations
Shanghai, China. Columbia Cruise Services (CCS) has expanded its presence in China by opening a new office in…
EconomyJefferies raises National Bank of Greece target price to €18.10, reiterates buy rating
Athens, Greece. Jefferies raised its target price for the National Bank of Greece to €18.10 from €17.00 and…
EconomyMichaelides and Disy MP candidate clash over Vasiliko LNG contract and arbitration fees
Nicosia, Cyprus. Alma party leader Odysseas Michaelides and a Disy MP candidate clashed over the weekend after Michaelides…
EconomyJoker ticket wins €11.6 million jackpot in Cyprus, second-largest payout on record
Pano Deftera, Cyprus. A single Joker ticket won the €11.6 million jackpot, the second-largest lottery win ever recorded…
EconomyFinancial Wellbeing Index 2025 flags gaps in Cyprus women’s emergency savings and retirement planning
Nicosia, Cyprus. Early findings from the Financial Wellbeing Index 2025 show that only four in 10 women in…
EconomyCyprus to host European Banking Federation meetings in Limassol
Limassol, Cyprus. The Association of Cyprus Banks (ACB) said Cyprus will host the European Banking Federation’s (EBF) official…
EconomyBank of Cyprus shareholders approve €0.50 final dividend for 2025 financial year
Nicosia, Cyprus. Bank of Cyprus said on Monday that shareholders approved a final cash dividend of €0.50 per…
EconomyE-kalathi data show consumer goods price rises in early May, Cyprus consumers association says
Nicosia, Cyprus. Consumer goods prices continued to rise on the e-kalathi platform in the first half of May,…
EconomyLarnaca chamber welcomes government decisions on port and marina redevelopment
Larnaca, Cyprus. The Larnaca chamber of commerce and industry (Evel) has welcomed government decisions on the redevelopment of…
EconomyUAMCO receives planning approval for aircraft engine test cell facility in Aradippou industrial zone
Aradippou, Cyprus. United Aerospace Maintenance Company (UAMCO) Ltd has secured planning permission for a specialised aircraft engine test…