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…
Iran war, jet fuel concerns cloud airlines’ summer holiday plans
European airlines are facing their biggest challenge since the COVID-19 pandemic as the Iran war pushes up jet fuel prices…
Michalis Mathioulakis: Fears of jet fuel shortages are overblown
The escalating tensions in the Middle East have brought energy security sharply back into focus, raising urgent questions about the…
Greece expected to top Cypriot holiday destinations again in 2026
Around 600,000 Cypriots visited Greece in 2025 for holidays or other purposes, Greek Ambassador Konstantinos Kollias said on Monday, as…
Polish depositor loses €430,000 Laiki Bank haircut claim at Supreme Court
Cyprus’s Supreme Court has unanimously rejected a Polish depositor’s claim for approximately 430,071 euros in compensation over the 2013 Laiki…