The contractor on the Larnaca–Dhekelia road project has requested yet another extension, pushing the works into a fourth year and…
Zero-export switch offers legal workaround for solar cut-offs, but savings are slim
Households and small commercial solar users in Cyprus can legally avoid periodic cut-offs by switching their systems to a zero-export…
ExxonMobil and QatarEnergy declare Glaucus and Pegasus gas fields commercially viable
The ExxonMobil–QatarEnergy consortium officially declared the “Glaucus” and “Pegasus” natural gas fields in Block 10 commercially viable on 30 March…
Cyprus fuel prices fall as emergency tax cut takes effect
Cyprus motorists saw the first significant relief at the pumps from midnight as an emergency reduction in consumption tax took…
Parliament set to vote on sweeping foreclosure reforms amid constitutional concerns
The parliament will vote Monday on 21 pieces of legislation overhauling the legal framework for foreclosures, guarantors, the Financial Ombudsman…
Hotel wage subsidy scheme still not in hoteliers’ hands as tourist season opens amid uncertainty
The government’s scheme to subsidise hotel workers’ wages has still not been communicated to hotels and unions as the tourist…
Foreign investors in Cyprus must now notify ministry before completing investments as new law takes effect
Foreign investors in Cyprus are now legally required to notify the Ministry of Finance and obtain screening approval before completing…
Cyprus leads the future: Youth Tech Fest Cyprus crowned world’s best again
Youth Tech Fest Cyprus powered by Freedom24 has won the prestigious Non-Profit Organisation Awards and has been named the Best…
Fuel tax cut to be swallowed by continuous price rises
A cut of 8.33 cents per litre in Cyprus’s fuel excise duty takes effect on Saturday — but with petrol…
Summer tourism in trouble as cancellations mount and bookings slump, industry chief warns
Summer bookings for Cyprus are running at very low levels and travel packages are already being cancelled, the president of…