Energy Projects: Expressions of interest have closed for the stalled Vasiliko LNG terminal, with completion estimated at €180 million and about two years. Separately, Cyprus, Greece and Egypt are advancing a route to liquefy Cypriot gas in Egypt and send it to Europe via Greece, with flows targeted for the first half of 2028. Fuel Costs: Diesel has hit a record €2.126 a litre, adding pressure on households and businesses. Finance Minister Makis Keravnos is urging the EU to allow more flexibility to support businesses and consumers through the energy crisis. Industry and Construction: Cyprus industrial output rose 5 per cent as local demand offset weaker exports, while industrial prices climbed amid higher European energy costs. Property professionals want faster, more predictable building permits to support development and housing supply. Shipping: Italy and Cyprus are seeking new shipping and port partnerships at a Limassol forum, while Safe Bulkers awarded €100,000 in scholarships to support the next generation of maritime professionals. Business Outlook: Cyprus’ short-term outlook improved in September, supported by stronger property activity and retail sales, though rising oil prices remain a risk.