News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCyprus to open third home energy efficiency plan proposals in September with €20 million budget
Nicosia, Cyprus. The government will accept proposals in September for the third home energy efficiency plan, with a budget of €20 million, the energy ministry announced on Friday. Funding and programme totals Energy Minister…
EconomyChurch denies online reports of Aspelia Hotel sale in Varosha
Nicosia, Cyprus. The Church on Friday denied online reports claiming the historic Aspelia Hotel in Famagusta has been…
EconomyXM Group highlights global trading reach and workplace culture, citing 53 awards and 1,700 employees
Nicosia, Cyprus. XM Group said it has built a leading international position in online trading services over more…
EconomyCyprus road freight transport rises in fourth quarter 2025, Cystat reports
Nicosia, Cyprus. Road freight transport activity in Cyprus rose in both domestic and international movements during the fourth…
Economy€35.6 million compensation package announced for livestock farmers affected by foot and mouth outbreak
Nicosia, Cyprus. More than €35.6 million will be allocated to compensate and support livestock farmers affected by the…
EconomyBank of Cyprus AGM reviews 2025 results, dividend rise and Cyprus economic resilience
Nicosia, Cyprus. The Bank of Cyprus held its annual general meeting on Friday, with shareholders reviewing strong 2025…
EconomyCyprus ports authority to redevelop Larnaca port and marina, minister says
Larnaca, Cyprus. Transport Minister Alexis Vafeades said the ports authority will undertake the redevelopment of Larnaca’s port and…
EconomyKeve and CITEA sign strategic partnership to boost digital development of Cypriot businesses
Nicosia, Cyprus. The Cyprus Chamber of Commerce and Industry (Keve) and the Cyprus Information Technology Enterprises Association (CITEA)…
EconomyCyprus shipping sector introduced to pupils at Germasogeia primary school workshop
Germasogeia, Cyprus. Sixth-grade pupils at the 2nd Primary School of Germasogeia took part in an interactive workshop introducing…
EconomyCyprus high-end property market logs €197.7 million in Q1 2026, led by Limassol and Paphos
Nicosia, Cyprus. Cyprus’ high-end property market recorded €197.7 million in major transactions in the first quarter of 2026,…
EconomyLabour inspectors issue €28,500 in March fines for undeclared work
Nicosia, Cyprus. Labour inspectors issued €28,500 in fines in March after identifying 12 undeclared workers during checks on…