Economy

Fuel tax cut takes effect today – cheaper meat from Monday

Parliament to decide on fuel tax reduction The fuel tax cut measure in Cyprus is expected to be approved today, as the Plenary of the...

Oil prices rise after alleged Iranian attack in Dubai

Tanker incident sparks market reaction Oil prices surged in early trading hours following an alleged attack by Iran on a Kuwaiti-flagged tanker docked in Dubai,...

WTI over $100, Brent nears $116 amid Middle East tensions

WTI surpasses $100 per barrel Oil prices climbed once again, with the West Texas Intermediate (WTI) breaking the symbolic $100-per-barrel mark and Brent crude approaching...

Non-systemic banks are disappearing in Cyprus

Surprises from systemic banks in Cyprus continue, with the latest development being a small acquisition by the Bank of Cyprus, which purchased a portfolio...

Cyprus construction warning over Iran impact

Industry raises alarm over rising risks A Cyprus construction warning has been issued over the potential impact of the war in Iran, with industry stakeholders...