Economy

Israeli tourists fill gap in arrivals, but not overnight stays

A sharp increase in tourism from Israel provided a significant boost to Cyprus' visitor arrivals in June, helping offset declines from the island's traditional...

Oil prices top $90 a barrel amid rising Middle East tensions

Oil prices rose above $90 a barrel during Asian trading on Monday, reaching their highest level since June as the escalating conflict in the...

EU aviation fuel concerns: How Cyprus could be affected

Europe has less than one month's worth of aviation fuel reserves, as renewed tensions in the Middle East and uncertainty surrounding the Strait of...

Truth Social API to offer instant post access for Wall Street firms

Paid service targets financial firms Trump Media & Technology Group, which owns Truth Social, is launching a paid service to give Wall Street firms high-speed...

Rising oil prices pose wider economic risks

Rising Middle East oil prices are expected to have consequences far beyond higher fuel costs, with an economist warning of mounting inflationary pressures, possible interest rate...