Economy

Airfares surge as airlines pass higher fuel costs to passengers

Air ticket prices have risen sharply in recent months as airlines test how far they can raise fares without significantly reducing demand, according to...

Video games industry contributes €3.2bn to economy

Cyprus is ranked first globally per capita for the number of video game companies, industry revenues and mobile game installations, according to the Cyprus...

Online fraud rises as Cyprus crime shifts digital

Online fraud in Cyprus is emerging as one of the most significant challenges facing law enforcement, as the growing use of digital services and...

The supermarket battle goes digital: From leaflets to apps

From price increases of more than 20% and market concentration to e-kalathi, digital transition and consumers now visiting three different supermarkets a month, Economy...

Cyprus revises multinational minimum tax rules

Cyprus is preparing changes to its multinational minimum tax legislation less than two years after adopting the EU framework imposing a 15% minimum effective...