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
RICS Cyprus Property Price Index with KPMG in Cyprus announces results of 2026Q2 The Cypriot economy continues to demonstrate considerable resilience in the face of the ongoing geopolitical challenges. ... Press Release 24/08/2026 | BUSINESS
Call Centre Cyprus, a subsidiary of Infocredit Group & EPS Group, Announce Strategic Partnership to Advance Customer Experience Across Cyprus and Greece The collaboration combines the expertise, industry experience and technological capabilities of both organizations, creating ... Press Release 21/08/2026 | BUSINESS
From Le Café crowds to empty storefronts: Can Makarios Avenue come back? Once the beating heart of shopping and social life in Nicosia, the famous avenue is searching for its next chapter as businesses ... Newsroom 20/08/2026 | BUSINESS
City of Dreams Mediterranean awards more than €15,5 million in jackpots in July Throughout July, players celebrated numerous jackpot wins on the casino floor, highlighting the appeal of the resort's ... Press Release 20/08/2026 | BUSINESS
”THE ROTATION” - PARKSIDE celebrates next mega stunt and new Guinness World Record The DIY and home improvement brand PARKSIDE, known for high-performance products at the best price-performance ratio, has ... Press Release 19/08/2026 | BUSINESS
Goodbye, IBAN: Cyprus prepares to send money by phone number A new instant-payment system modelled on Greece’s IRIS could allow customers of different Cypriot banks to transfer money ... Panayiotis Rougalas 19/08/2026 | BUSINESS
Cyprus gaming revenue is closing in on tourism...who knew? A first national report puts video game revenue at €3.2 billion in 2025, compared with tourism’s €3.7 billion, all from ... Newsroom 18/08/2026 | BUSINESS
Lidl sets new standards in advertising children’s products PAW Patrol® partnership exclusively for own-brand products aligned to WHO nutritional value criteria Press Release 17/08/2026 | BUSINESS
Cyprus economy grows more than three times faster than eurozone Cyprus recorded 3.3% real GDP growth in the second quarter of 2026, compared with 1% growth across the eurozone. Newsroom 17/08/2026 | BUSINESS
Paphos airport passenger traffic rebounds despite difficult tourism season July traffic rose 7% year on year as Cyprus saw stronger demand from key European markets. Newsroom 12/08/2026 | BUSINESS
ECONOMY
