Cypriot drivers face weeks of climbing fuel costs after crude oil swung from $93 to $117 a barrel in less…
US weighs easing Russian oil sanctions to cool global price surge
President Donald Trump’s administration is considering reducing oil sanctions on Russia to help cool a surge in global energy prices…
Cyprus launches Stranger Things-style campaign to cut water consumption by 10%
Cyprus has launched a countrywide water conservation campaign as dam levels across the island fall to just 21% of capacity,…
The Middle East conflict has swiftly exposed economic vulnerability in the region
At the end of 2025, the Gulf states received high praise for their economic resilience. According to reports by the…
Air links restored at Cyprus airports as major carriers resume flights
Air links between Cyprus and Europe have been restored after several carriers suspended services due to the conflict in the…
Airline shares battered as oil prices spike, Iran war intensifies
Surging oil prices and the escalating U.S.-Israeli war with Iran hammered airline stocks in Asia on Monday, piling pressure on…
Cyprus remains safe as tourism continues despite Middle East conflict, minister says
Cyprus remains a safe tourist destination and tourism activity continues normally despite the conflict in the Middle East, Deputy Minister…
New labour decree widens job market for non-EU students in Cyprus
Labour Minister Marinos Moushouttas has issued a new decree expanding the sectors and professions in which third-country students are permitted…
Iran war: No capital flight from Cyprus as banking sector holds firm following Akrotiri strike
The Cypriot banking sector remains stable with no signs of capital flight or panic withdrawals following the recent drone attack…
Duration of Iran war will determine impact on Cypriot economy, officials say
Economists and state officials in Cyprus are warning that the duration of the war between US-led forces and Iran will…