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
Leptos Estates is certified as a Great Place to Work This significant achievement is a testament to the company’s commitment towards creating a working environment based on ... Press Release 01/09/2026 | BUSINESS
Cyprus economy grows 3.3%, but is it reaching your pocket? Trade, construction, technology and hospitality drove growth well above the eurozone average, while household spending also ... Newsroom 01/09/2026 | BUSINESS
Cyprus records EU’s steepest fall in tourist stays Overnight stays dropped 7.7% in the first half of 2026, an early warning for an economy that depends heavily on foreign ... Newsroom 01/09/2026 | BUSINESS
Cyprus records €770.6 million fiscal surplus in first seven months Social Insurance Fund accounts for most of the surplus. Newsroom 31/08/2026 | BUSINESS
Why AI could mean more days at the office Consulting firms say young staff still need to learn people skills face to face, a debate that could soon reach Cyprus. Newsroom 28/08/2026 | BUSINESS
CBC to decide on ECM Partners’ €100m-plus payabl. deal in October ECM Partners will buy half of payabl., while CEO Ugne Buraciene will own the other half and remain in charge. Panayiotis Rougalas 26/08/2026 | BUSINESS
Cyprus awaits its September report card, but will households feel it? Three rating agencies will judge the island’s financial health, with the results potentially affecting state borrowing costs ... Newsroom 26/08/2026 | BUSINESS
Marking a new chapter: EY Cyprus moves to Landmark Office Tower A modern workplace designed to foster collaboration, innovation, sustainability and a connected employee experience Press Release 26/08/2026 | BUSINESS
payabl. teams up with Visa to help merchants quickly resolve disputes and prevent costly chargebacks The collaboration strengthens payabl.’s commitment to providing greater control and visibility across the entire payments ... Press Release 25/08/2026 | BUSINESS
Back to School with Lidl Plus competition! For Lidl Cyprus, providing added value is a continuous corporate commitment that governs its entire operation. Press Release 24/08/2026 | BUSINESS
ECONOMY
