TOURISM File photo of Larnaca airport arrivals area Cyprus kicks off 2025 with tourism boom as revenues jump 53% in January Newsroom Tourism in Cyprus is off to a flying start in 2025, with January’s revenue soaring to €69.2 million, a 53.1% jump compared to the same month last year, according to the latest figures from the Statistical Service’s Traveler Survey. READ MORE
Fired Paphos-Polis road contractor wants €35 million payout Government and Greek contractor Intrakat clash over project delays, funding disputes, and multi-million-euro compensation ... Newsroom 13/11/2024 | BUSINESS
Yet another contractor gets axed over major project delays Latest termination involves Liopetri fishing shelter project after prolonged setbacks and unmet deadlines Newsroom 12/11/2024 | BUSINESS
Sklavenitis expands in Cyprus, shaking up the supermarket scene With Papantoniou now under its wing, Sklavenitis sets off a fresh wave of competition as supermarkets scramble to meet Cypriot ... Newsroom 12/11/2024 | BUSINESS
Cyprus cracks down on prolonged standing in workplaces Nationwide inspections focus on retail and hospitality sectors to ensure compliance with new labor regulations Newsroom 11/11/2024 | BUSINESS
Cyprus GDP and living standards improve, but challenges remain GDP per capita reaches 95% of EU average, while inflation and income inequality remain concerns for the island nation Newsroom 11/11/2024 | BUSINESS
Cyprus trade deficit drops by €1.18 billion as imports and exports decline Lower gap offers potential economic benefits but raises concerns over export slowdown Newsroom 11/11/2024 | BUSINESS
Hellenic Bank and employer's union settle long-running dispute Deal unifies workforce and paves the way for future negotiations, ending months of tension Newsroom 11/11/2024 | BUSINESS
Cyprus fires contractor on stalled Pafos-Polis motorway project Public works department to re-tender contract after delays, disputes over project quality and timeline Newsroom 11/11/2024 | BUSINESS
Coffee Island enters India, sets sights on multinational growth Greek coffee chain expands into India and Egypt, with plans for global growth and new production facilities. Newsroom 07/11/2024 | BUSINESS
