Cyprus recorded shortages in 63 professions and surpluses in 11 in 2024, according to a European EURES report published on…
Cyprus tourism revenues plunge 35% as Iran war drives away visitors
Cyprus tourism revenues fell 35.1% year-on-year in April 2026, dropping to €197.5 million from €304.2 million in April 2025, as…
ASSERTUS: Paphos’ economic transformation is creating new opportunities for investors and businesses
Paphos has emerged in recent years as one of Cyprus’ most dynamic investment and business destinations. The growing presence of…
Apartments outpace houses as Cyprus property prices reach record highs
Apartment prices in Cyprus hit a record high in the first quarter of 2026, surpassing the peak recorded during the…
Care allowances frozen for seven years as cost-of-living crisis hits disabled Cypriots hard
The Cyprus Paraplegic Organisation is calling for an immediate increase of at least 30% in care allowances for people with…
IMF warns Cyprus of pension spending surge as reform talks advance
The IMF has warned that ageing-related spending pressures will push Cyprus’s pension and health costs well above 4% of GDP…
Minthis Music Festival 2026 announces Porsche Cyprus as main Sponsor in strategic lifestyle partnership
A collaboration uniting two brands defined by excellence, design, performance, and elevated experiences. Minthis Music Festival 2026 is proud to…
Tax Department to begin business closures over unpaid debts and missing receipts
Tax inspectors will begin surprise checks on businesses in tourist areas within days, using new powers to suspend operations for…
Cyprus solar households face major shift as net billing replaces net metering
Christakis Hadjilaou, electrical engineer with many years of experience in the operation of the power system The operation of residential…
Neon Mall: A new hub of development, commerce and entertainment in Paphos
In recent years, Paphos has recorded significant growth in retail, tourism and services, attracting substantial local and international investment. Within…