Turkey’s central bank lifted its key interest rate by 250 basis points to 42.5% on Thursday as expected as it…
Cypriot holiday travel surges; top destinations
Cypriot holidaymakers are embarking on increased journeys this Christmas and New Year, a trend reminiscent of the bustling summer season.…
Cyprus Airways to lease two planes, crew to Aegean
Aegean Airlines and Cyprus Airways have signed a long-term ACMI (wet-lease) deal in which the Cypriot flag carrier will lease…
Automakers oppose US bid to force recall of 52 million air bag inflators
Major automakers including General Motors GM.N, Toyota Motor 7203.T and Volkswagen VOWG_p.DE and two air bag makers said on Tuesday…
Commission opens tender for renewable energy services
In a recent statement, the Management Commission of the Renewable Energy and Energy Efficiency Fund (RE/EEF) declared the initiation of…
Cyprus Stock Exchange privatization bill under negotiation
The Cyprus Stock Exchange informs the public about the initiation of the consultation process for the proposed legislation on the…
AI cannot be patent ‘inventor’, UK Supreme Court rules in landmark case
An American computer scientist on Wednesday lost his bid to register patents over inventions created by his artificial intelligence system,…
Implementation of new unified housing policy begins
In a session held today, the Ministerial Council approved the detailed guides for the “Built to Rent” scheme on private…
Minimum wage rises to €1,000 gross
The Minister of Labour, Yannis Panayiotou on Wednesday announced that the national minimum wage is set to rise to one…
Limassol, Larnaca and Paphos property prices see fall
It appears that the removal of citizenship from the investment program did not affect the real estate market, with property…