Economy

How Strait of Hormuz reopening could affect oil and food prices

Deal aims to end months of disruption More than three months after the US and Israel first began their war with Iran, the White House...

Cyprus’ first St. Regis Residences by Marfields Group

Marfields Group brings Cyprus’ 1st St. Regis Residences in collaboration with Marriott International The announcement follows the successful sell-out of The Ritz-Carlton Residences, Limassol and...

Air travellers to enjoy free cabin luggage and keep delay compensation

The European Council and the European Parliament have reached an agreement on updated air passenger rights rules, confirming that travellers will continue to receive...

Nearly 14,000 job vacancies in Cyprus

Job vacancies in Cyprus totalled 13,905 during the first quarter of 2026, according to figures released by the Statistical Service of Cyprus. The vacancy rate...

Cyprus banks cut 4,634 jobs and close 370 branches in ten years

Bank branches in Cyprus have declined significantly over the past decade, with banks closing 370 branches and reducing their workforce by 4,634 employees between...