10 h. ago Cyprus construction material prices ease from last month but rise annually

Construction material prices showed a modest year-on-year increase in November, according to a report by the Cyprus Statistical Service (Cystat). The Price Index of Construction Materials reached 118.63 units in November 2025, using 2021 as the base year set at 100 units. This represented a monthly decrease of 0.34 per cent compared with October 2025, […]

Politics

51 h. ago Cyprus economy continues to grow — tourism and construction key contributors

Cyprus’ economy showed broad-based growth across industry, construction, trade and tourism in the first ten months of 2025, according to the statistical service (Cystat), reflecting continued economic momentum amid external uncertainty. The statistical service on Wednesday released its bimonthly Monthly Economic Developments bulletin, covering the period from January to October 2025, with the aim of […]

Politics

3 d. ago Waste illegally dumped during construction of police station

Construction waste was illegally dumped while a police station in the Troodos mountain village of Evrychou was being built, according to a report released by the audit office on Tuesday. The report stated that the company contracted to construct the police station had an “initial obligation” to transport most of the waste to a “licenced […]

Events

4 d. ago Cyprus building permits fall in 2025 despite rise in construction value

Cyprus’ statistical service (Cystat) on Monday reported a decline in the number of building permits issued between January and August 2025, reflecting a slowdown in authorisations even as the overall value and scale of construction activity increased. The statistical service said that 647 building permits were authorised in August 2025, covering projects with a total […]

Politics

7 d. ago ‘Massive upgrade’ underway at British High Commission in Cyprus

‘Massive upgrade’ underway at British High Commission in Cyprus  Global Construction Review

Events

1 week ago Construction begins on new British High Commission in Nicosia

Construction has officially started on a new British High Commission in Nicosia, located on the site of the former central prisons compound, it announced on Tuesday. The €40 million-plus project, the largest currently underway on the UK’s diplomatic estate, will include a new office building, a security facility and a residence for the British High […]

Events

3 w. ago Cyprus moves to 5 per cent VAT for school construction under new cabinet proposal

Cyprus approved a legal amendment this week to cut VAT on the construction and renovation of buildings used for exempt educational services, reducing the rate to 5 per cent from 19 per cent. Finance Minister Makis Keravnos said after the cabinet meeting that the proposal amends the VAT Law of 2000–2025 and introduces a reduced […]

Politics

3 w. ago Hong Kong police arrest construction firm bosses over fire; death toll hits 83 with scores missing

Hong Kong police arrested the bosses of a construction company on suspicion of manslaughter on Thursday over the city’s worst fire in nearly 80 years, which killed at least 83 people with scores more listed as missing. By the early hours of Friday, firefighters had mostly contained the blaze raging for more than 24 hours, […]

Events

3 w. ago Green light for Green Dot and its modern, privately owned sorting plant in Tseri

Building permit issued – Operations expected to begin in 2027 Green Dot Cyprus announces that it has secured the building permit for the construction of its privately owned, state-of-the-art packaging waste management facility. This development marks the beginning of the project’s construction phase, which is expected to significantly upgrade the country’s recycling infrastructure. The plant […]

Politics

3 w. ago Euro area construction output falls 0.5 per cent in September

Seasonally adjusted production in construction decreased by 0.5 per cent in the euro area in September 2025 compared with August 2025, while it remained stable in the EU, according to Eurostat. In the preceding month, August 2025, production in construction had fallen by 0.2 per cent in the euro area and by 0.8 per cent […]

Politics