Housing prices in upward trend

The Cyprus real estate market remains robust, as it witnessed a remarkable surge in housing prices in the third quarter of 2023, driven by demand from both domestic and international buyers. According

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Consumers in for another bumpy ride

Consumers in Cyprus will be called to dig even deeper into their pockets as inflation is set to take off once again, following commercial disruption caused by the attacks of the Yemen-based

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President scorned as new ministers sworn in

Cyprus President Nikos Christodoulides swore in new members of his cabinet on Wednesday, amid criticism from outgoing ministers, as well as one of his key coalition partners. Welcoming the nine new ministers,

Speaker welcomes Cypriot Moonquake mappers

A NASA awarded team of student scientists, dubbed the #BruteForce group, received a warm welcome from House Speaker Annita Demetriou on Tuesday. The team of young scientists were amongst the top ten

Sunil Kapoor joins OL Shipping as COO

Sunil Kapoor, a 40-year veteran in the international maritime industry, has joined Oesterreichischer Lloyd Shipping Group as partner and Chief Operating Officer. The Limassol-based shipping company said Sunil will spearhead business development

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‘PV for all’ to start early February

Energy Minister George Papanastasiou said that the revised ‘Photovoltaics for All’ scheme, encouraging homeowners to install solar systems on their roofs, will be up and running from the beginning of next month.

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Car sales at four-year high

Sales of saloon cars reached their highest level since 2019, signalling a rebound of the car market after four years of declining trends. By engine type, electric vehicles (EV) and hybrids saw

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‘Unpleasant surprises’ ahead in 2024

The Fiscal Council, a government financial watchdog, is optimistic over the island’s short-term economic outlook, but expressed concerns about potential risks as ‘unpleasant surprises’ may be in the cards for 2024. Michalis

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