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
Audit Office warns of €3.1 billion in delayed tax revenues, warns of non-collection risk Delayed payments surge despite rising collections; €1.4 billion at risk of being uncollected, report finds. Newsroom 29/07/2025 | BUSINESS
Desalination: A costly and controversial answer to global water shortages Rising demand, high energy use, and environmental risks challenge the expanding industry. Newsroom 28/07/2025 | BUSINESS
Skip truck drivers sound the alarm: ''Help us, or everyone pays'' Protest outside Presidential Palace warns of rising waste, higher prices, and an unfair system that threatens jobs and public ... Newsroom 28/07/2025 | BUSINESS
Cyprus consumers more price-savvy than new e-kalathi platform Digital tool faces criticism over limited features, struggles to win consumer trust. Newsroom 24/07/2025 | BUSINESS
Big Greek players move in on Cyprus' signature cheese Foreign investment is booming as halloumi demand soars, but local producers warn that protecting authenticity is key to ... Newsroom 23/07/2025 | BUSINESS
Lidl Cyprus celebrates the first anniversary of its store at Neon Mall of Pafos Promotional Activity 23/07/2025 | BUSINESS
Cyprus airports set for €170M makeover as passenger growth soars Hermes Airports chairman reveals bold expansion plans, says Larnaka and Pafos to become ''world-class travel hubs'' by 2027 ... Shemaine Bushnell Kyriakides 23/07/2025 | BUSINESS
Outdoor heavy work suspended island-wide amid intense heatwave Labour Ministry orders midday halt to protect workers as temperatures soar across the island Newsroom 23/07/2025 | BUSINESS
XM investors await green light to take over Ancoria Bank Two local fintech investors eye 80% stake in Ancoria, promising modern banking for small businesses and everyday customers, ... Newsroom 23/07/2025 | BUSINESS
Cyprus unveils €15 million employment schemes targeting women and over-50s Initiatives aim to create 1,760 jobs and boost workforce participation among underrepresented groups. Newsroom 22/07/2025 | BUSINESS
ECONOMY
