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Economy

NICOSIA - Cyprus’ continued lure to ex-patriates and digital nomads who can work from anywhere, and demand for property has seen real estate prices rising 12.

NICOSIA - Following Greece’s agreement with Egypt to take in as many as 10,000 seasonal workers for agricultural jobs, Cyprus will be getting 1000 after a deal was worked out at the International Labor Conference (ILC) held in Geneva.

NICOSIA - Following Greece’s agreement with Egypt to take in as many as 10,000 seasonal workers for agricultural jobs, Cyprus will be getting 1000 after a deal was worked out at the International Labor Conference (ILC) held in Geneva.

NICOSIA — The Fitch agency said Saturday it has raised Cyprus’ credit rating by a notch to BBB+.

NICOSIA — The Fitch agency said Saturday it has raised Cyprus’ credit rating by a notch to BBB+.

NICOSIA - Qatar, which has backed Cyprus being used as part of a maritime corridor to bring humanitarian aid to Palestinians trapped in the Gaza Strip during Israel’s war there in a hunt for Hamas terrorists, is also mulling investments on the island.

NICOSIA - Qatar, which has backed Cyprus being used as part of a maritime corridor to bring humanitarian aid to Palestinians trapped in the Gaza Strip during Israel’s war there in a hunt for Hamas terrorists, is also mulling investments on the island.

LATEST

Legal Battle Halts 1.2 Billion Euro Development of Cyprus’ Larnaca Port

NICOSIA - The failure of a development company to renew a letter of guarantee has halted a planned €1.

NICOSIA - The failure of a development company to renew a letter of guarantee has halted a planned €1.

Greek Shipping Oligarchs Rely on Greek, Cypriot Banks for Funding

ATHENS - Greece’s shipowners, who still rule the world’s waves but are facing challenges from China and Japan, get almost a third of their loans from Greek or Cypriot banks but buy ships made in other countries.

ATHENS - Greece’s shipowners, who still rule the world’s waves but are facing challenges from China and Japan, get almost a third of their loans from Greek or Cypriot banks but buy ships made in other countries.

Soaring Produce Prices Hit Cypriots Hard

NICOSIA  - Cypriots are facing steep price hikes for fruits and vegetables, with some items seeing a staggering 100% increase in just one year at retail outlets.

NICOSIA  - Cypriots are facing steep price hikes for fruits and vegetables, with some items seeing a staggering 100% increase in just one year at retail outlets.

Cyprus Gives Chevron Another 6 Months to Come Up with a Timetable on a Natural Gas Field Development

NICOSIA — The Cyprus government has given Chevron another six months to come up with a revised plan to develop a sizeable natural gas deposit off the island nation’s southern coastline after an earlier plan proposed by the U.

NICOSIA — The Cyprus government has given Chevron another six months to come up with a revised plan to develop a sizeable natural gas deposit off the island nation’s southern coastline after an earlier plan proposed by the U.

Cyprus-Based Thanos Hotels and Resorts Announces New Investment in Greek Luxury Hospitality Market

NIKOSIA - Leading Cyprus group Thanos Hotels and Resorts announced on Wednesday it is entering the Greek luxury hospitality market with a three-year investment plan aimed at opening 10 new hotels.

NIKOSIA - Leading Cyprus group Thanos Hotels and Resorts announced on Wednesday it is entering the Greek luxury hospitality market with a three-year investment plan aimed at opening 10 new hotels.

Cyprus Moves to Reduce Soaring Fuel, Food Price Hikes for Consumers

NICOSIA - The government of Cyprus has announced measures to address price increases that have impacted household budgets, including those for fuel, electricity, and food, as consumers increasingly turn to generic and store brands.

NICOSIA - The government of Cyprus has announced measures to address price increases that have impacted household budgets, including those for fuel, electricity, and food, as consumers increasingly turn to generic and store brands.

Riding High Again, Cyprus’ Banks Show Deposits, Loans Increasing

NICOSIA - After being permitted by the government in 2013 to confiscate 47.

NICOSIA - After being permitted by the government in 2013 to confiscate 47.

Cyprus Moves to Reduce Soaring Fuel, Food Price Hikes for Consumers

NICOSIA - Cyprus’ government has announced measures to deal with price hikes that have cut into household budgets, including for fuel, electricity, and for food as buyers are shifting more toward generic and store brands.

NICOSIA - Cyprus’ government has announced measures to deal with price hikes that have cut into household budgets, including for fuel, electricity, and for food as buyers are shifting more toward generic and store brands.

Cyprus, Israel Agree to Push Underwater Electric Cable Connection

NICOSIA - A meeting between the ministers of energy for Cyprus and Israel - George Papanastasiou and Eli Cohen - led to an agreement that the countries would make an underwater electric cable link a top priority, linking them to Europe.

NICOSIA - A meeting between the ministers of energy for Cyprus and Israel - George Papanastasiou and Eli Cohen - led to an agreement that the countries would make an underwater electric cable link a top priority, linking them to Europe.

Cyprus Sees Finish Building Vasilikos LNG Terminal By End of Year

NICOSIA - An LNG (Liquified Natural Gas) terminal in Vasilikos should be constructed by the end of 2024 as part of the European Union's Projects of Common Interest (PCI) scheme, with €101 million ($109.

NICOSIA - An LNG (Liquified Natural Gas) terminal in Vasilikos should be constructed by the end of 2024 as part of the European Union's Projects of Common Interest (PCI) scheme, with €101 million ($109.

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