The labour market is at a critical turning point, with rapid changes reshaping how businesses operate and how workers view…
Fuel stations and retailers come under inflation strain
Inflation is starting to tighten its grip on European economies and on the budgets of millions of consumers, including in…
Michalis Michail: The war in the Middle East is putting Cyprus’s economy to the test
Three weeks into the US-Israel war with Iran, the true cost of the conflict is no longer confined to the…
LEON MFO Investments Wins “Cyprus’s Best Chief Investment Office” at the Euromoney Private Banking Awards 2026
LEON MFO Investments is proud to announce that it has been awarded “Cyprus’s Best Chief Investment Office” at the Euromoney…
S&P holds Cyprus at A- with positive outlook despite Middle East economic turbulence
Credit rating agency S&P has reaffirmed Cyprus’s sovereign rating at A- with a positive outlook, the Finance Ministry announced on…
Cyprus fuel prices surge as Iran conflict sends oil costs soaring
Fuel prices in Cyprus have surged to near-record levels since the outbreak of the military conflict in Iran, with further…
Iraq declares force majeure on foreign-operated oilfields over Hormuz disruption
Iraq has declared force majeure on all oilfields developed by foreign oil companies after military operations in the region disrupted…
Wolt delivery riders in Limassol take industrial action over falling pay rates, safety issues
Wolt delivery riders in Limassol launched industrial action on Friday over what they describe as continuously falling pay rates, with…
Iran war will hit Cyprus’s economy, Fiscal Council warns
Cyprus’s Fiscal Council has warned that the war in Iran will place significant pressure across the entire economy. The Council’s…
Cyprus fuel prices set to rise further, petrol station chief warns
Fuel prices in Cyprus are set to rise further in the coming weeks, the head of the island’s petrol station…