Cyprus’ real estate sector is reinvented by a growing wealth disparity, creating a wider gap among potential buyers for homes and apartments. The trend is set to continue as the economy hits
The economy is still counting its wounds from the war in Ukraine and EU sanctions imposed on Russia, leaving auditors, accountants and real estate agents assessing the extent of the damage. Tougher
With higher prices at supermarkets and petrol pumps, Cypriot consumers are changing their shopping habits, limiting their spending to essential items, say retailers. In May, the Statistical Service said Cyprus saw its
Cyprus could lose its flagship export product, halloumi, as the government turns the heat on dairy producers that do not meet the required EU standards under the cheese’s PDO (Product of Designated
Big tobacco companies chose Cyprus among the first countries to launch their campaigns to reduce the health impact of their business by encouraging smokers to switch to less risky alternatives. As people
Cypriots owning land in non-military areas inside the British Bases can sell or develop their property, following a milestone agreement between Cyprus and the UK. The British Bases are lifting restrictions on
Family businesses must evolve to continue being the backbone of Cyprus’ economy, shake off the coronavirus pandemic and deal with the impact of the war in Ukraine. Family firms in Cyprus, accounting
Recent dust clouds over Cyprus are a sign of climate change, as the phenomenon is becoming more persistent. In April alone, Cypriots had to cope with 20 days when dust levels were
Olivewood, Cyprus’ rebranded audiovisual industry, was cast a vote of confidence from big film studios, attracting major productions with award-winning actors to begin filming this month. Shaking off the nightmare after Hollywood
Car dealers are frustrated with their turnover as they are forced to sit back helpless and watch the market crumble. According to the Cyprus Statistical Services data, passenger saloon cars registered in
