InCyprus
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EU Hourly Wages & Salaries Increased by 4.4% in 2022

Key Highlights : 1. The average hourly wages and salaries in the whole economy were estimated to be €22.9 in the EU and €25.5 in the euro ...
Business

The UK and US have sanctioned Cypriots who worked as “fixers” for Russian oligarchs.

Key Highlights : 1. The US and the UK announced a fresh package of sanctions against several “financial fixers” – including Cypriots – who...
Business

Countdown begins for the biggest investment ever in Lakatamia

Key Highlights : 1. The countdown for the establishment of Hadassah Cyprus has begun. 2. The transfer of a large area of land in Lakatamia...
Business

Many wealthy foreigners are pricing out Cypriots from the Limassol housing market, making it increasingly difficult for Cy

Key Highlights : 1. The EU is providing a grant of €60 million to help the Cypriot government purchase ammunition for the defence forces. ...
Business

Malco Cyprus has organised tree-planting in wildfire-stricken Eptagonia. The project is aimed at

Key Highlights : 1. Melco Cyprus organised a tree planting activity in wildfire-stricken Eptagonia. 2. The activity follows the donation b...
Business

The Organization of Petroleum Exporting Countries (OPEC) and its allies said on Thursday they would cut oil production by

Key Highlights : 1. OPEC+ announces surprise oil cuts; U.S. calls move inadvisable 2. The cuts will lift oil prices by $10 per barrel 3. T...

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