ECONOMY Construction needs 5,000 more workers. Who gets to hire them? Dorita Yiannakou The labor shortage in Cyprus’ construction industry is getting worse. Building activity is picking up, new projects are getting underway, and employers are struggling to fill skilled jobs. READ MORE
SKLAVENITIS Cyprus completes agreement with PAPANTONIOU Supermarkets Press Release 07/11/2024 | BUSINESS
TechIsland, Invest Cyprus team up to attract global tech investment New partnership aims to boost Cyprus’s economy by creating a thriving tech ecosystem that draws foreign companies and talent ... Shemaine Bushnell Kyriakides 06/11/2024 | BUSINESS
Hellenic Bank reports €284.4M profit for 2024 Net interest income soars 20% for Hellenic Bank amid ECB rate hikes Newsroom 06/11/2024 | BUSINESS
Cyprus joins World Travel Market in London with 55 exhibitors Cyprus brings 55 exhibitors to World Travel Market, seeking new tourism partnerships Newsroom / CNA 06/11/2024 | BUSINESS
BoC Fintech Hackathon 5.0: Fintech Ideas that can change the world! BoC Fintech Hackathon 5.0 was successfully held at the IDEA Innovation Centre on 18th — 20th October 2024. Press Release 05/11/2024 | BUSINESS
TGI Fridays files for bankruptcy to keep brand afloat Pandemic setbacks and inflation drive iconic restaurant chain to restructure; international franchisees remain unaffected ... Newsroom 03/11/2024 | BUSINESS
Cyprus government revisits foreign investment control amid hospital takeovers New bill seeks to safeguard critical sectors as private equity firms target healthcare, reshaping the island's investment ... Newsroom 03/11/2024 | BUSINESS
EU investigates TEMU over unsafe products and addictive tactics European Commission opens probe into Temu’s practices, questioning safety of products, possible addictiveness of app features, ... Newsroom 01/11/2024 | BUSINESS
Cyprus plans €10,000 cash limit to fight money laundering New law aims to curb large cash transactions, tighten oversight, and align Cyprus with EU anti-money laundering standards, ... Newsroom 30/10/2024 | BUSINESS
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