Cyprus will raise its corporate tax rate to 15% from 12.5% under a landmark reform package parliament is expected to…
DIKO leader blasts government inertia over Great Sea Interconnector
A deepening rift has opened between President Nikos Christodoulides and his key coalition partner, DIKO leader Nicolas Papadopoulos. The friction…
Chevron’s long game: Why the US oil giant stays in Venezuela
For nearly twenty years, Chevron’s stubborn refusal to leave Venezuela looked like a multibillion-dollar blunder. As Caracas and Washington traded…
Alpha bank merger reshapes Cyprus insurance sector
The banking and insurance sectors in Cyprus have largely shifted to the control of Greek groups, intensifying competition among them,…
Tomatoes down, beef up as Christmas food prices ‘mixed bag’ for shoppers
Consumers in Cyprus face a varied outlook for their festive budgets as the Consumer Protection Service released its annual Christmas…
Jet2 announces new London Gatwick to Paphos route for 2026
The Deputy Ministry of Tourism has confirmed that Jet2 will launch a new flight route connecting London Gatwick and Paphos…
DIKO leader demands clarity from Christodoulides as cabinet rift deepens over energy link
The President of DIKO, Nikolas Papadopoulos, launched a scathing attack on Finance Minister Makis Keravnos on Friday, accusing him of…
Kato Pyrgos pushes ahead with Cyprus’s first climate-neutral community vision
A year after the president announced plans to revitalise the remote Tillyria region, Kato Pyrgos has moved to the centre…
Alpha Bank to create Cyprus insurance heavyweight through double acquisition
Alpha Bank has struck a deal to create one of Cyprus’s three largest insurance groups through parallel acquisitions that will…
Cyprus Post’s 50-man staff shortage triggers month-long delivery delays of holiday parcels
Thousands of Cypriot consumers face a frustrating holiday wait as “problematic” parcels from non-EU countries remain trapped in a month-long…