Economy

Cyprus Business Development Organisation heads to Parliament

New financing body under discussion Lawmakers are set to begin debating government legislation to establish the Cyprus Business Development Organisation (CBDO), a new public body...

Gold prices slide after record surge

Gold prices have fallen by 29% from their record high at the end of January, underlining that while the precious metal remains a traditional...

Asian stock markets slide as tech shares tumble

Technology stocks lead regional sell-off Asian stock markets fell sharply on Friday, led by a sell-off in technology firms as investors worried that recent jumps...

Cost of living has created the super rich and a poor middle class

Fuel tax extension offers temporary relief Lower fuel prices and the extension of the reduced fuel excise duty are expected to provide temporary relief for...

Delays in permits stall investments, pressure housing prices

Lengthy licensing procedures are creating obstacles for investors and developers, while limited housing supply continues to fuel pressure in the Cyprus housing market, according...