Economy

Oil price drop after Netanyahu comments

Brent and WTI decline Oil prices fell early Friday in Asian markets following a press conference by Israeli Prime Minister Benjamin Netanyahu, who said Iran...

Electricity prices set to rise in May, says EAC president

Cyprus Electricity Authority (EAC) President Giorgos Petrou expressed uncertainty over electricity cost fluctuations in the coming months. Speaking at a press conference at the...

Gas prices in Europe sees 35% rise

Energy infrastructure under threat European natural gas prices soared up to 35% on Thursday after new attacks targeted energy infrastructure in the Middle East. The...

Apartment demand fuels Cyprus property prices spike

Apartment prices lead market growth The Cyprus property prices index accelerated in the fourth quarter of 2025, according to the Central Bank of Cyprus (CBC)...

Electricity price hikes expected soon after fuel increases

Petrol and diesel spike Fuel prices in Cyprus have risen sharply over the past week due to the ongoing crisis in the Middle East. The...