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
Fuel subsidy falls short at the pump, consumer group says Monitoring shows many stations did not apply the full 8.33 cent per liter reduction. Newsroom 06/04/2026 | BUSINESS
Inflation picks up in March as price pressures intensify Annual rate reaches 1.2% as Middle East tensions continue to impact costs. Newsroom 03/04/2026 | BUSINESS
Investors face new approval process under Cyprus FDI law Government oversight introduced for select foreign deals starting April 2. Newsroom 31/03/2026 | BUSINESS
Excellence in Tourism: Cap St Georges Hotel & Resort Honored with the British Airways Holidays Customer Excellence Award 2025 Guests evaluated their stays across key criteria including location, service, cleanliness, and sleep quality, providing ... Press Release 31/03/2026 | BUSINESS
Middle East conflict threatens Cyprus tourism, ports, and banks, says DBRS With its economy heavily reliant on tourism and shipping, Cyprus faces rising costs, flight cancellations, and port disruptions ... Newsroom 30/03/2026 | BUSINESS
foodhaus goes nationwide with first Paralimni store The 11th location completes the chain’s presence across Cyprus, offering fresh, frozen, and international foods for locals ... Press Release 27/03/2026 | BUSINESS
Cap St Georges Hotel & Resort is Hiring — Join Our Team! Exciting opportunities for pastry chefs, hospitality staff, and technical professionals at one of Cyprus’ premier luxury ... Press Release 27/03/2026 | BUSINESS
EU-Australia trade deal could mean cheaper imports and new export opportunities for Cyprus Landmark agreement removes most tariffs, lowers prices on European goods and opens wider markets, while farmers on both ... Newsroom 24/03/2026 | BUSINESS
Trump tweet sparks $580 million oil frenzy Traders made massive oil bets minutes before Trump hinted at talks with Iran, raising questions about whether the move was ... Newsroom 24/03/2026 | BUSINESS
ECONOMY
