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
BoC eyes bigger role in your financial future As interest rates fall and savings earn less, the bank plans new investment services and insurance offerings to better meet ... Panayiotis Rougalas 11/06/2025 | BUSINESS
Texas-based AI powerhouse Tenstorrent expands to Cyprus U.S. firm to tap local talent and boost innovation in shipping, healthcare, and gaming as Cyprus positions itself on the ... Newsroom 10/06/2025 | BUSINESS
AEGEAN Launches New Round of Scholarships for Future Aircraft Engineers Young talent offered hands-on training, tuition support, and a fast track to a career in aviation—applications open until ... Press Release 10/06/2025 | BUSINESS
Long-term government bonds face growing investor pushback Rising yields and weak demand signal end of cheap government financing. Newsroom 07/06/2025 | BUSINESS
New EU rules mean less compensation for travelers Summer holidaymakers, take note: EU trims airline payouts for late arrivals, Cyprus included. Newsroom 07/06/2025 | BUSINESS
New café to open inside closed Famagusta, sparks debate Beaches from Klapsides to Varosha now open, stirring tensions in divided Cyprus. Newsroom 06/06/2025 | BUSINESS
Thousands see cheaper monthly payments as BOC lowers loan rates Interest rate drop means real relief for borrowers as ECB cuts begin to kick in. Newsroom 06/06/2025 | BUSINESS
Alpha Bank sets sights on Cyprus insurer Altius in expansion push Deal would deepen Alpha’s presence in Cyprus and mark a return to insurance, nearly a decade after exiting the sector. Newsroom 05/06/2025 | BUSINESS
Lidl Cyprus takes responsibility for the environment On the occasion of World Environment Day, Lidl Cyprus reaffirms its commitment to environmental protection by presenting ... Press Release 05/06/2025 | BUSINESS
Good news for borrowers as ECB to cut interest rates Lower rates to ease loan costs for households and businesses, boost lending activity in Cyprus. Newsroom 05/06/2025 | BUSINESS
ECONOMY
