Economy

Jeff Bezos wedding in Venice sparks backlash

Jeff Bezos, founder of Amazon and one of the world’s richest men, is marrying Lauren Sánchez in a lavish three-day celebration in Venice, but...

Eratosthenes & Skytrek join forces for space innovation

The Eratosthenes Centre of Excellence of the Cyprus University of Technology and Skytrek Ltd have signed a Memorandum of Understanding (MoU) to enhance collaboration...

Cyprus facing labour shortages, turns to third countries

Cyprus is experiencing a serious labour shortage, with the domestic workforce no longer able to meet the needs of a growing economy. As unemployment...

Minister: No justification for higher fuel prices in Cyprus

There is currently no justification for raising fuel prices in Cyprus, even amid ongoing geopolitical turbulence, Energy Minister Giorgos Papastasiou said on Tuesday. Speaking...

Middle East escalation impact on Cyprus raises concern

The economic fallout from the Israel–Iran conflict could pose serious challenges for Cyprus, according to economist Tasos Yasemides. Speaking on Tomes sta Gegonota, he...