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
US blocks new Chinese-made AI robots The ban goes beyond humanoid robots to include robot dogs and key energy equipment, highlighting how the AI race is becoming ... Newsroom 29/07/2026 | BUSINESS
€1 million boutique tourist development approved for Akamas village Six holiday units with a pool will be built in Inia after receiving the Environmental Authority's approval. Dorita Yiannakou 29/07/2026 | BUSINESS
Lidl Cyprus’ successful summer wellness roadshow, “Lidl Better Living Days,” is coming to a close in Larnaka Following its successful stop in Paralimni, Lidl Cyprus’ summer wellness roadshow will conclude its journey at Lidl Aradippou ... Press Release 29/07/2026 | BUSINESS
A system built to simplify hiring is now raising fears of worker exploitation Cyprus’ online platform for foreign worker applications was meant to bring efficiency and transparency, but industry ... Dorita Yiannakou 29/07/2026 | BUSINESS
Another ECB rate hike is on the horizon The European Central Bank warns it may need to raise interest rates again, putting more pressure on borrowers as the cost ... Newsroom 28/07/2026 | BUSINESS
Cyprus: Exporting potatoes, halloumi… and gas? The project will create new employment opportunities across sectors while supporting long-term economic growth. 28/07/2026 | BUSINESS
Cypriot & Greek stocks now available on the Wealthyhood x BoC app Wealthyhood x BoC brings the Cyprus Stock Exchange and Euronext Athens into a single, seamless mobile app. Users can now ... Press Release 28/07/2026 | BUSINESS
From Chatbots to Co-Workers: Why companies struggle to capture the value Technology delivers only about 20% of the value of an AI initiative; the remaining 80% comes from redesigning the workflow ... Press Release 27/07/2026 | BUSINESS
Timur Turlov announces candidacy for FIDE President Turlov has led the Kazakhstan Chess Federation since 2023, overseeing a wide-ranging modernisation of the country's chess ... Press Release 27/07/2026 | BUSINESS
Bank of Cyprus named Best Sub-Custodian Bank in Cyprus 2026 by Global Finance International recognition for the Bank’s custody, depositary and post-trade services Press Release 27/07/2026 | BUSINESS
ECONOMY
