Economy

Record €130m Cyprus real estate sale finalised

A landmark Cyprus real estate sale exceeding €130 million has been finalised, marking the largest property transaction ever recorded on the island. The iconic...

Shell-BP takeover rumours rattle global energy markets

Reports of a potential Shell takeover of BP caused brief turmoil on global markets this week, before both companies moved to deny the speculation. On...

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...