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
Working from home? Cyprus employers will pay Teleworkers to get minimum compensation for expenses starting this November. Newsroom 22/09/2025 | BUSINESS
Vassos Eliades launches IWC Schaffhausen pop-up at City of Dreams Mediterranean Swiss watchmaking excellence meets Limassol’s premier luxury destination. Press Release 22/09/2025 | BUSINESS
Consensus on COLA appears out of reach as legal concerns mount Legal opinion clouds government’s ''COLA for all'' plan as unions and employers unite in criticism. Newsroom 21/09/2025 | BUSINESS
Wizz Air Celebrates Huge Milestones of 10 Million Passengers in Cyprus and 5 Years of Operations at its Larnaka base With a Day Full of Surprises! Press Release 19/09/2025 | BUSINESS
Cyprus employers call cost-of-living pay hike unconstitutional Fresh legal opinion deepens rift with unions over ATA, raising fears of court battles after September’s strike. Newsroom 18/09/2025 | BUSINESS
Pentakomo tech park attracts global investors €100–150M project moves forward with consortiums, tax breaks, and infrastructure funding. Newsroom 17/09/2025 | BUSINESS
Race heats up for Cyprus Banking Association’s top job Four seasoned executives, and one early dropout, vie to succeed Michalis Kammas as the industry’s chief voice. Newsroom 17/09/2025 | BUSINESS
Alphamega Hypermarkets to host the 1st Cypriot Tradition Festival ''Cypriot and Authentic'' The Cypriot chain takes children and adults on a journey into the customs and traditions of our country Press Release 16/09/2025 | BUSINESS
Cyprus sees 4.1% rise in hourly labor costs in second quarter Wages and non-wage labor costs both contribute to year-over-year increase. Newsroom 15/09/2025 | BUSINESS
Fight over fair pay for all heats up Government pushes to extend cost-of-living allowance (ATA) to all workers, but unions and employers are digging in their ... Newsroom 15/09/2025 | BUSINESS
ECONOMY
