High construction costs, borrowing rates and tighter VAT rules on primary residences have pushed buyers in Cyprus toward smaller properties.…
Rogue property managers pocket millions as building safety bill stalls
A fatal building collapse in Limassol has thrown a spotlight on unregulated property management companies alleged to be collecting tens…
Banks demand answers over revoked planning permits
The Cyprus Banks Association has written to the directors general of the five District Local Government Organisations (DLGOs/EOAs) demanding explanations…
EAC’s smart meters coming to thousands of homes this May
The Electricity Authority of Cyprus (EAC) has announced that its smart meter installation programme is continuing throughout May, covering areas…
Bird Aviation and KM Malta Airlines sign three-year heavy maintenance agreement
Bird Aviation has signed a three-year agreement with KM Malta Airlines for the provision of heavy maintenance services, further building…
What is OPEC and how does it shape global oil markets?
By Tina Soliman-Hunter, Professor of Energy and Natural Resources Law, Macquarie University Oil is once again making headlines. This week,…
Rising fares and flight cancellations threaten Cyprus summer season
Cyprus summer pre-bookings have fallen more than 30% compared with the same period last year, hotel industry unions and associations…
Cyprus deposits hit record high as loans grow at twice the economic rate
Cyprus bank deposits reached a record high in March 2026, rising by €426.8 million on the month to a total…
Banks demand answers as Cyprus building permit crisis leaves lenders exposed
The Cyprus Banks Association has written to District Local Government Organisations (DLGOs) demanding information on the growing crisis surrounding building…
Big Chinese tech firms scramble to secure Huawei AI chips after DeepSeek V4 launch
Demand for Huawei’s Ascend 950 AI chips has surged following the release of DeepSeek’s V4 artificial intelligence model that runs…