News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCyprus construction materials price index rises in April 2026, Cystat reports
Nicosia, Cyprus. Cyprus’s construction materials price index rose modestly in April 2026, according to the Cyprus Statistical Service (Cystat). The index increased both month-on-month and year-on-year, indicating contained cost growth. April 2026 index level…
EconomyCySEC warns investors about unauthorised investment service websites
Nicosia, Cyprus. The Cyprus Securities and Exchange Commission (CySEC) warned investors about several websites operating without authorisation to…
EconomyCySEC approves CTC public offer document for proposed acquisition of Ermes Department Stores
Nicosia, Cyprus. The Cyprus Trading Corporation Plc (CTC) said CySEC has approved the public offer document for its…
EconomyDemetra Holdings completes buyback of 6,880 shares at €1.545 each
Nicosia, Cyprus. Demetra Holdings Plc said it completed the repurchase of 6,880 of its own shares through the…
EconomyGenikes Insurance wins two Global Banking and Finance Awards 2026 titles in Cyprus
Nicosia, Cyprus. Genikes Insurance said it was named Best General Insurance Company in Cyprus at the Global Banking…
EconomyCyprus electricity market launch seen as progress, but expert calls for stronger safeguards
Nicosia, Cyprus. The launch of Cyprus’ competitive electricity market is an important modernisation step, but stronger regulatory safeguards…
EconomyEU housing crisis deepens as prices outpace wages, Tutto says
Brussels, Belgium. Europe’s housing crisis is emerging as one of the European Union’s most pressing social and political…
EconomyGovernment reviews potential expansion of Pyrga quarry as residents raise environmental concerns
Nicosia, Cyprus. Government plans to examine an expansion of quarrying activity in the Pyrga area have raised concerns…
EconomyWood & Company analysis highlights diverging outlooks for Greek and Cypriot banks
Athens, Greece. Wood & Company published an analysis of Greek and Cypriot banks, focusing on valuation, profitability and…
EconomyBank of Cyprus AGM approves resolutions as Cyprus highlights Single Market focus ahead of EU Presidency
Nicosia, Cyprus. The Bank of Cyprus held its annual general meeting on Friday, with shareholders approving all resolutions…
EconomyCyprus Chamber of Commerce and Industry to host drone technology seminar in Nicosia on May 28
Nicosia, Cyprus. The Cyprus Chamber of Commerce and Industry announced it will host a specialised seminar in Nicosia…