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 climbs the global competitiveness rankings IMD report shows the country gaining ground thanks to a stronger business climate, though government performance slips. Dorita Yiannakou 30/06/2026 | BUSINESS
The Leptos Group and City Friends Club Limassol Unite in Support of a Cleaner Coastal Environment in Cyprus Demonstrating its ongoing commitment to environmental responsibility and sustainable development Press Release 30/06/2026 | BUSINESS
Electric Street Party for the Official Launch of the New Porsche Cayenne Electric In an evening dedicated to innovation and electric mobility, Porsche Cyprus officially unveiled the new Porsche Cayenne ... Press Release 30/06/2026 | BUSINESS
Turkey plans $100 million digital upgrade in occupied north Investment aims to bring faster internet, fiber optics and 5G to the occupied areas as Ankara pushes ahead with plans for ... Newsroom 30/06/2026 | BUSINESS
Hadassah Medical Center Limassol Announces Mr. George Zachariades as CEO Ahead of Its Opening Significantly strengthening its management team in view of its opening date Press Release 29/06/2026 | BUSINESS
Invel Real Estate closes oversubscribed Eudora Fund 2 at €400M Invel Real Estate (“Invel”), a leading European private equity real estate firm, announces today the final close of Invel ... Press Release 29/06/2026 | BUSINESS
Banks contributed €427 million to Cyprus in 2025 The banking sector's total tax contribution increased by 91% over seven years. Panayiotis Rougalas 28/06/2026 | BUSINESS
Minthis Music Festival 2026 Announces Porsche Cyprus as Main Sponsor in Strategic Lifestyle Partnership A collaboration uniting two brands defined by excellence, design, performance, and elevated experiences Press Release 26/06/2026 | BUSINESS
Apple raises prices on MacBooks and iPads (see prices) Tech giant increases prices by up to 25% due to global chip shortage, but iPhones remain unchanged for now. Newsroom 26/06/2026 | BUSINESS
ECONOMY
