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-China trade surges 26% to $1.44 billion in 2025 China ranks as Cyprus’s fourth-largest trading partner as both countries seek new investment opportunities. Newsroom 29/10/2026 | BUSINESS
Forward-looking vision model bridges the gap between heritage and future Porsche Mission S: the essence of the sports car reinterpreted Press Release 29/10/2026 | BUSINESS
Cyprus wants companies that bring more than a registered address New reporting rules and closer checks aim to ensure businesses under the foreign-interest scheme contribute to the local ... Newsroom 29/10/2026 | BUSINESS
Marinakis receives two distinctions at the European Property Awards Marigate Larnaca and Sun Valley recognised in two residential development categories at the 2026–2027 awards. Press Release 29/10/2026 | BUSINESS
Is Limassol becoming too expensive for business? Rising costs and a shortage of premises are prompting some companies to consider moving to Nicosia or Larnaca. Dorita Yiannakou 29/10/2026 | BUSINESS
Revolut outage reveals banks’ vulnerability to cloud service failures European regulators push banks to prove they can withstand failures at major technology providers. Newsroom 28/10/2026 | BUSINESS
Bean Bar celebrates 5 years full of flavour and positive vibes! The brand marks its fifth anniversary with special offers from 26 to 30 October and more surprises throughout the month. ... Press Release 27/10/2026 | BUSINESS
GDP Growth Accelerates in Q2 on Strong Consumption and Investment Private consumption has traditionally been a key and stable driver of Cyprus’s economic growth, with the current contribution ... Press Release 27/10/2026 | BUSINESS
Petrolina Racing Team on the Podium at Cyprus Rally 2026 Simos Galatariotis and Antonis Ioannou secure second place overall Press Release 27/10/2026 | BUSINESS
PwC Cyprus strengthens its leadership team with three new Partners They will assume their new roles on 1 January 2027 Press Release 27/10/2026 | BUSINESS
ECONOMY
