20 h. ago Meta reduces stock options for staff despite trading at record highs, FT reports

Meta Platforms has cut back on its yearly distribution of stock options by about 10 per cent for tens of thousands of employees despite the social media giant trading at record highs this month, the Financial Times reported on Thursday. Employees receive equity refreshers every year that make up the majority of their remuneration, alongside […]

Politics

23 h. ago Cyprus Business Now: Eurobank, labour ministry and AI, vehicles first choice in Cyprus

The ‘Money Conference 2025: Investment Outlook Opportunities & the AI Impact’, held in Nicosia this week, explored key investment prospects and the market impact of artificial intelligence. The conference, which was organised for the seventh consecutive year, attracted distinguished speakers from Cyprus and abroad, as well as leading executives from the financial, technology, and business […]

Economics

39 h. ago Fury over school programme sending pupils to occupied territories

Concerns have emerged over reports that schools planned to participate in activities involving trips to the occupied territories, specifically the Kyrenia harbour. The programme, organised by the association for historical dialogue and research, offers workshops, conferences, and educational trips for pupils and teachers. Reactions intensified after reports surfaced that the education ministry had issued a […]

Events

40 h. ago Tourism minister optimistic about Cyprus’ 2025 prospects despite challenges

Deputy Minister of Tourism Kostas Koumis on Friday expressed optimism about Cyprus’ tourism sector in 2025. He pointed out that “strategic planning is essential” as the industry enters a new cycle with fresh challenges and evolving traveller expectations. Koumis’ comments were delivered by tourism ministry general manager Costas Constantinou at at the opening ceremony of […]

Politics

43 h. ago Labour Ministry stresses the importance of AI in employment sector

Labour Minister Yiannis Panayiotou, in his intervention on Thursday at the ministerial conference organised by the Polish presidency of the EU in Gdańsk, addressed the challenges and opportunities presented by the rapid progress of digital technology and its impact on the labour sector. Panayiotou stressed the importance of developing artificial intelligence applications, emphasising the need […]

Politics

44 h. ago Eurobank Cyprus aims for steady and sustainable investment growth

The significant prospects in the investment sector and the impact of Artificial Intelligence (AI) on the market were the focus of the interesting conference ‘Money Conference 2025: Investment Outlook Opportunities & the AI Impact’, which was held in Nicosia this week. The conference, which was organised for the seventh consecutive year, attracted distinguished speakers from […]

Economics

47 h. ago Elon Musk wields the chainsaw as Trump slashes 6,000 IRS jobs

A tearful executive at the US Internal Revenue Service told staffers on Thursday that about 6,000 employees would be fired, a person familiar with the matter said, in a move that would eliminate roughly 6% of the agency’s workforce in the middle of the busy tax-filing season. The cuts are part of President Donald Trump’s […]

Politics

48 h. ago Cyprus Business Now: global digital maturity, employment, uncertainty in shipping raised

The Digital Cooperation Organisation (DCO) on Wednesday successfully concluded its fourth general assembly in Jordan, with the endorsement of a comprehensive 2025-2028 agenda aimed at advancing digital maturity across its member states. The Digital Cooperation Organisation (DCO) is a global multilateral organisation committed to enabling digital prosperity for all by accelerating the inclusive growth of […]

Politics

63 h. ago Greens incensed at Famagusta governor over palm trees’ uprooting

Green party leader Giorgos Perdikis on Thursday sent a strongly worded letter to Famagusta district governor Yiannis Karousos after it was alleged that district government employees uprooted palm trees from a beach in Protaras and erected an “illegal” prefabricated building. Perdikis demanded an “immediate investigation” and the “restoration of legality” over the matter, saying that […]

Politics

66 h. ago Turkish Defense Ministry: Agreement Between Egypt and Southern Cyprus Is Null and Void

Turkish Defense Ministry: Agreement Between Egypt and Southern Cyprus Is Null and Void  Kıbrıs Postası

Events

3 d. ago Cyprus Business Now: more workers needed, remote work, Minimum wages increase

The association of building contractors Oseok has warned that acute labour shortages in sectors like construction, tourism, and retail were stalling economic growth. As the supply of skilled and unskilled workers decreased, the impact on private and public projects was becoming increasingly severe, said Oseok. Although there are full employment conditions, Cyprus’ labour force was […]

Economics

3 d. ago Cyprus in Need of More Foreign Workers in Construction Sector

Cyprus in Need of More Foreign Workers in Construction Sector  Schengen.News

Politics

3 d. ago Minister stresses football clubs must pay social insurance debts

Criminal prosecutions are currently underway for debts owed by football clubs to the social insurance fund, Minister of Labour Yiannis Panayiotou said on Wednesday. Speaking after a cabinet meeting on the matter Panayiotou sought to clarify that procedures for repayment of debts to the social security fund are not the same as those for income […]

Politics

3 d. ago Govt cannot issue decree to outlaw admin charges for airbag replacements

The government cannot issue a decree outlawing the levying of administrative charges by car dealerships to replace faulty airbags, Transport Minister Alexis Vafeades said on Wednesday. Speaking after the day’s cabinet meeting, he said his ministry had examined the possibility of issuing a new decree to stop dealerships charging such fees, but that it had […]

Politics

4 d. ago Loss of lives not to be exploited, transport ministry tells Karousos

The loss of lives is not up for “populism or political exploitation”, the transport ministry said in a statement on Tuesday, in response to remarks by Disy deputy president Yiannis Karousos, who called for the immediate promotion of a bill regarding electrical installations. The transport ministry said the bill Karousos was referring to, “put forward […]

Sport

4 d. ago North says Egypt agreements ‘risk bringing the island to the brink of conflict’

The north’s ‘foreign ministry’ on Tuesday said the agreements signed by the Republic of Cyprus and Egypt concerning the exploitation of natural gas resources under the seabed in the eastern Mediterranean “risk bringing not only our island but also our region to the brink of conflict”. “The Greek Cypriot leadership is continuing to accelerate its […]

Events

4 d. ago Cyprus maritime scholarships to empower women, promote equality

Deputy Minister for Shipping, Marina Hadjimanolis, announced this week that the Deputy Ministry of Shipping has integrated gender equality promotion activities into its operations. This initiative aligns with the United Nations Sustainable Development Goal on gender equality and women’s empowerment. The commitment is further exemplified by the adoption of campaigns designed to inform and encourage […]

Politics

5 d. ago Cyprus Business Now: tech founder, tourism figures, investment trends, Airbnb

Short-term rentals in Cyprus will come under the scrutiny of the House energy, trade, industry and tourism committee this week. The committee is set to discuss a number of issues related to this sector, dominated by platforms such as Airbnb, on Tuesday. Among these issues, the committee is expected to specifically evaluate the effectiveness of […]

Economics

5 d. ago Public warned to properly use electrical devices to prevent fires

All electrical devices in Cyprus should be EU-certified and the public should make sure they are using them correctly, as a number of fires over the past years started from electrical devices, the Electricity Authority (EAC) has stressed. They were speaking on Monday following the tragic death of a family of five in a Limassol […]

Events

6 d. ago Is Cyprus' public sector too large? Hiring freeze lifted amid rising costs.

Is Cyprus' public sector too large? Hiring freeze lifted amid rising costs.  KNEWS - The English Edition of Kathimerini Cyprus

Sport