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
At Mackenzie Beach, the party never ends and neither does the tax evasion Black cash pouch, missing receipts, and warnings of revenue loss. Newsroom 22/10/2025 | BUSINESS
Lidl Cyprus wins 22 awards at the Cyprus Responsible Business Awards & Cyprus Customer Excellence Awards 2024 The company confirms its commitment to responsible entrepreneurship and excellence in customer experience, receiving a total ... Press Release 21/10/2025 | BUSINESS
Major Mackenzie venues escaped tax scrutiny despite red flags Audit Service report says big clubs and event organizers weren’t properly checked, even with warning signs. Newsroom 21/10/2025 | BUSINESS
‘Cyprus can become a regional AI hub’ says INSEAD professor Businesses urged to act fast and build a national AI strategy Newsroom 21/10/2025 | BUSINESS
Massive cybercrime network exposed after draining hundreds of Greek bank accounts Investigators link more than 1,200 suspects to a €6 million phishing operation spanning Greece. Kathimerini Greece Newsroom 20/10/2025 | BUSINESS
Pollution costs push power prices over €200 million Charges for 2025 already exceed last year’s pace, while renewable energy waste hits record levels. Newsroom 20/10/2025 | BUSINESS
Amazon Web Services outage disrupts major apps and websites Platforms including Robinhood, Snapchat, Perplexity, and Venmo go offline due to AWS issues. Newsroom 20/10/2025 | BUSINESS
Yet another private clinic to open in Cyprus Phoenix Medical Center in Strovolos is set to bring modern healthcare services as demand for private clinics rises in Cyprus. ... Dorita Yiannakou 17/10/2025 | BUSINESS
US tech firm TKI expands to Cyprus through AI merger Invest Cyprus says the move strengthens the island’s role as a regional innovation hub. Newsroom 16/10/2025 | BUSINESS
Four-lane road and green spaces worth €40 million planned for Paphos Tender expected in early 2026 as studies and utility plans near completion. Dorita Yiannakou 15/10/2025 | BUSINESS
ECONOMY
