ECONOMY €1,088 minimum wage, and everyone’s furious Dorita Yiannakou After intense behind-the-scenes talks that stretched right up to the holidays, the government has locked in Cyprus’ new national minimum wage at €1,088 a month, a decision that settles one debate but opens several others. READ MORE
Innovative high-voltage system in the Cayenne Electric: performance meets efficiency Press Release 12/11/2025 | BUSINESS
Meet Famagusta’s new tour guide, and it’s powered by AI The coastal district becomes Cyprus’ first destination with a smart digital assistant for tourists. Newsroom 12/11/2025 | BUSINESS
Cyprus restaurants cleaner and friendlier, but prices all over the map Water costs up to €4.50, salads hit €15, and lamb tops at €30 as consumer watchdog calls for better training and transparency. ... Newsroom 11/11/2025 | BUSINESS
Bank of Cyprus posts €353 million profit in 2025 despite lower interest income Lender keeps strong capital and rising deposits as bad loans hit record low. Newsroom 11/11/2025 | BUSINESS
Low demand and lack of storage forcing Cyprus to cut solar power output Energy storage projects expected to ease curtailments once implemented next year. Newsroom 10/11/2025 | BUSINESS
Jumbo buys out shopping mall from Eurobank in €10.8M deal Toy giant takes full ownership of VESO MARE center from Eurobank, a strategic move with both upsides and risks. Newsroom 10/11/2025 | BUSINESS
OpenAI and Freedom Holding Corp. to Advance Digital Education In Kazakhstan Press Release 10/11/2025 | BUSINESS
A new era for Miles+Bonus 12 month transition period for all members and new rules Press Release 10/11/2025 | BUSINESS
Leadership Change at Lidl Hellas and Lidl Cyprus Martin Brandenburger to move to Lidl Italy and Malta; Miltos Forozidis steps in as CEO Press Release 10/11/2025 | BUSINESS
Strategic link to Brussels: Aegean cleared for takeoff New €4.7 million contract strengthens air connectivity ahead of Cyprus’s EU Council Presidency. Dorita Yiannakou 09/11/2025 | BUSINESS
ECONOMY
