Economy

Fuel prices in Cyprus expected to drop in coming days

Fuel prices in Cyprus are expected to decrease over the next 10 days, following a recent decline in international oil prices, according to the...

Hong Kong wealth management overtakes Switzerland

Hong Kong wealth management has overtaken Switzerland for the first time in terms of cross-border assets under management, according to a new report by...

Oil prices jump 3% after US strike on Iran, Brent hits $97.71

An oil price surge was recorded on Thursday, with crude prices rising by around 3%, as renewed geopolitical tensions in the Middle East rattled...

Tourism faces cost pressures; last-minute bookings bring relief

Cyprus has recorded a significant economic impact following recent geopolitical tensions, with economist Tasos Yasemides highlighting pressure points in tourism, inflation and household purchasing...

Eurostat: Cyprus work week averages 37.7 hours in 2025

Cyprus recorded an average of 37.7 actual weekly working hours in 2025 for employees aged 20 to 64 in both full-time and part-time work,...