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
Cyprus ship registry grows amid global tensions Deputy Minister reports vessel increase, highlights industry challenges and government initiatives Newsroom 25/06/2024 | BUSINESS
DSV and UNICEF announce partnership to increase access to essential supplies for children worldwide Press Release 25/06/2024 | BUSINESS
Heatwave halts deliveries, stores see orders plunge by up to 80% How shops coped with delivery ban 25/06/2024 | BUSINESS
Mandatory malpractice insurance now required for all doctors in Cyprus New law requires active insurance contracts for professional negligence coverage Newsroom 21/06/2024 | BUSINESS
Major shareholders of Bank of Cyprus seek to sell 15% stake CarVal Investors and Caius Capital appoint adviser; potential buyer includes Greece's Alpha Bank Panayiotis Rougalas 21/06/2024 | BUSINESS
The $10 billion plan to rebuild Cyprus's ghost town New real estate rules in occupied Cyprus aim to curb foreign property ownership Newsroom 17/06/2024 | BUSINESS
Ministry probes public works tenders from 10 years ago Investigation aims to identify problems and implement reforms for smoother project delivery and to fix flaws in the system ... Newsroom 16/06/2024 | BUSINESS
Cyprus sees surge in air travel as summer season takes off Planes arriving nearly full, with passenger numbers climbing daily, says Hermes Airports official Newsroom 14/06/2024 | BUSINESS
Wizz Air increases number of flights from Larnaca, Cluj and Varna The airline is offering unmatched travel options for summer and fall holidays Press Release 13/06/2024 | BUSINESS