Aviation & Energy Costs: Wizz Air swung to an operating loss of €183m in April-June, blaming “extremely volatile” conditions after the Middle East conflict pushed jet fuel costs sharply higher. Middle East Risk to Property: Escalating conflict is adding uncertainty to Cyprus’ property outlook, with buyers and investors watching how regional tensions could affect demand. Construction Momentum: Eurobank Research says Cyprus’ construction sector kept growing in early 2026, with building permits and approved dwellings up strongly year-on-year, though it flags the need to see how the latest regional escalation feeds through. Government & Social Policy: Christodoulides praised the new cabinet and outgoing ministers at the swearing-in of replacements, while a €31m reform is set to modernise Cyprus’ Social Welfare Services and speed up support for vulnerable groups. Housing Relief: The mortgage-to-rent scheme has passed 4,200 applications after a deadline extension to Sept. 30, with over 1,200 homes already approved. Energy Link Deal: Meridiam is set to take a majority stake in the Greece-Cyprus Great Sea Interconnector, but key deal terms and timelines remain undisclosed. Tech & AI: Google has elevated Greek Cypriot Demis Hassabis to lead its global AI science role, as Alphabet reshuffles DeepMind leadership. Economy Watch: Cyprus industrial producer prices edged up 0.3% in June, while Eurostat data shows broader euro area price softness. Crime & Drugs: Cyprus police have seized more cocaine than in all of 2025 already this year, alongside a surge in hashish and a new poppy-stalk opioid trend. Public Finance Transparency: A Treasury list shows the biggest 2025 payments, led by health-related spending including the HIO’s €897.2m contribution to Gesy.