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
€14 million in unpaid VAT? Gone. A company in Cyprus linked to Russian billionaire Roman Abramovich? Also gone. Newsroom 15/05/2025 | BUSINESS
Indian giants Thomas Cook and LTIMindtree launch operations in Cyprus Tourism, innovation, and AI at the core as Cyprus strengthens business ties with India and opens a gateway to Europe Dorita Yiannakou 15/05/2025 | BUSINESS
Banks, KEDIPES, and Government disagree over proposed law to help trapped property buyers Proposed bill aims to unlock thousands of property titles stalled by legal and development issues. Newsroom 14/05/2025 | BUSINESS
Cyprus borrowers are back as loan demand soars in 2025 Record-breaking lending from Bank of Cyprus and Hellenic Bank signals renewed confidence as falling interest rates spark ... Newsroom 14/05/2025 | BUSINESS
UCy student dorms at Berengaria site moving full speed ahead The 500-room project in Kato Polemidia aims to ease housing pressure as demand from students continues to grow Newsroom 14/05/2025 | BUSINESS
Cyprus meets Cambodia: A bridge to bold business ventures Two small nations, one big opportunity - why Cyprus should look East to unlock growth Newsroom 12/05/2025 | BUSINESS
Apartments take the lead in Cyprus property market boom Sales surged in 2024 as buyers favoured smaller, more affordable homes, while house sales fell and rents stayed high Newsroom 12/05/2025 | BUSINESS
ECONOMY
