Kıbrıs Cyprus Mail

UBS highlights deepening wealth inequality since 2020

Personal wealth in 2025 grew at its fastest pace in years, creating ​nearly one million new US dollar ‌millionaires worldwide, Swiss bank UBS said in its annual Global Wealth Report. Total personal wealth globally rose ​by 10.8 per cent last year, up from 4.6 per cent ⁠in 2024 and 4.2 per cent in 2023, as […]

06.07.2026 06:30

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Kıbrıs Cyprus Mail

British house price growth slows to 2.2 per cent in June

British annual house prices rose by less than expected in June, but softening expectations for interest rate hikes ​by the Bank of England are likely to improve affordability, according to mortgage lender ‌Nationwide. House prices rose by an annual 2.2 per cent in June, below a 2.4 per cent rise forecast in a Reuters poll […]

06.07.2026 06:00

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Kıbrıs Cyprus Mail

30 years on, Cyprus journalist’s murder remains unsolved

Exactly 30 years ago on Monday, on July 6, 1996, Turkish Cypriot journalist Kutlu Adali was machine gunned to death outside his home in Nicosia, the first in what was arguably Cyprus’ most violent summer since 1974. Greek Cypriot demonstrators Tassos Isaac and Solomos Solomou, and Turkish soldier Allahverdi Kilic all also met politically charged […]

06.07.2026 04:24

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Kıbrıs Cyprus Mail

Cyprus households face affordability crisis

Impressionistic evidence and recent opinion surveys indicate that the affordability crisis is the most pressing concern for Cyprus households. Indeed, many persons state their inability to cope with daily cost-of-living pressures and doubt that they will be able to maintain their current standard of living once they stop working. Many younger persons say that they […]

06.07.2026 04:20

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Kıbrıs Cyprus Mail

Haaland double as Norway stun Brazil to reach World Cup quarter-finals

Erling Haaland struck two late goals as Norway stunned record five-times champions Brazil 2-1 in the World Cup last 16 on Sunday to send the Scandinavian team into the quarter-finals for the first time. Neymar’s penalty deep into stoppage time was little consolation for Brazil, for whom Bruno Guimaraes missed an early penalty as they failed to […]

06.07.2026 01:43

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Kıbrıs Cyprus Mail

Students bring Fythkiotika tradition to life in Paphos exhibition

Taking inspiration from the traditional weaving designs of Cyprus, the fythkiotika, and combining them with contemporary art expression, the student enterprise of Ayios Neophytos Lyceum celebrates the creative endeavour with an exhibition. Titled Heritage Weave, the exhibition highlights Cyprus’ rich weaving heritage as well as the students’ work and acts as a commercial exhibition of […]

05.07.2026 19:20

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Kıbrıs Cyprus Mail

Leclerc wins British GP, Hamilton third, in great day for Ferrari

Charles Leclerc won the British Grand Prix for Ferrari on Sunday after the safety car led the field to the chequered flag in a race of late drama, with Mercedes’ Formula One leader Kimi Antonelli failing to score. George Russell finished a fortunate second for Mercedes, to slash Antonelli’s advantage to 25 points after nine […]

05.07.2026 18:51

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Kıbrıs Cyprus Mail

Pegula’s experience pays off as she puts out teenager Jovic

Fourth seed Jessica Pegula’s greater experience proved telling as she beat rising fellow American Iva Jovic 4-6 6-3 6-1 to equal her best Wimbledon run by reaching the quarter-finals for the second time on Sunday. Pegula dropped her first set of the tournament in a scrappy opener featuring seven service breaks but she raised her […]

05.07.2026 17:48

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Kıbrıs Cyprus Mail

CySEC is no longer effective in the supervision and promotion of business

Several people who, like me, work in investment firms regulated by CySEC have serious concerns about the current state of the regulatory environment in Cyprus. They feel that the regulator has in recent years lost part of its effectiveness both in terms of supervision and in promoting Cyprus as an international financial centre. As a […]

05.07.2026 17:35

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Kıbrıs Cyprus Mail

F1 drivers amuse British GP crowd with Lego car chaos

Formula One drivers took to the track in cars built of Lego bricks for a British Grand Prix parade lap on Sunday that amused the crowd with predictable scenes of chaos. Several cars were beached in the gravel at the first corner, with Williams driver Carlos Sainz one of them and hitching a ride with […]

05.07.2026 17:32

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Kıbrıs Cyprus Mail

Signs point to a Cyprus problem summer

After almost a decade of dormancy, the Cyprus problem may be beginning to stir. Tuesday will mark the ninth anniversary of the collapse of negotiations in the Swiss ski resort of Crans-Montana, with that particular collapse ushering in an era of nothing much happening by way of talks between the island’s two sides, and confidence-building measures […]

05.07.2026 17:15

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Kıbrıs Cyprus Mail

It’s not the weather: it’s a wandering ‘heat dome’

Last week it was Europe’s turn, with a slow-moving ‘heat dome’ that gave almost everybody from the United Kingdom to Poland three consecutive days of record-breaking temperatures. In Germany it hit 41°Celsius. That’s 106° Fahrenheit, if you live in the one country that still clings to British Imperial measures. (Hint: it’s not Britain.) This week […]

05.07.2026 17:00

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Kıbrıs Cyprus Mail

Horner returns to F1 paddock a year after sacking

Christian Horner stepped back inside the Formula One paddock on Sunday for the first time since he was sacked as Red Bull team boss a year ago and said a full return would depend on whether he could be a winner again. The Briton, who was replaced by Frenchman Laurent Mekies on July 9 last […]

05.07.2026 16:49

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Kıbrıs Cyprus Mail

Four fined over huge duty-free tobacco haul at Paphos airport

Four foreign nationals were fined a total of €14,400 after customs officers at Paphos International Airport discovered large quantities of duty-unpaid tobacco products in their luggage before they boarded a flight to London, the customs department said on Sunday. In total, officers seized 201 cartons of cigarettes, 168 individual packets of cigarettes and 11.75 kilogrammes […]

05.07.2026 16:44

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Kıbrıs Cyprus Mail

Why the UK feels hotter than Cyprus

In Cyprus, we build for survival. For summer. Hands up. Who’s in the UK right now? I bet you’re missing Cyprus! Not for the halloumi or the sea views or the fact that every third person has a lemon tree. But because, over the last week, Britain was actually hotter. And the nation absolutely lost […]

05.07.2026 16:23

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Kıbrıs Cyprus Mail

A future pope will ‘welcome us back’, says priest from excommunicated Catholic sect

A priest from a Catholic splinter sect that was excommunicated earlier this week told worshippers on Sunday that the breakaway group would be welcomed back to the Church under a different pope. The Society of St. Pius X – a rebel group of ultra-conservative Catholics – was excommunicated after four bishops were ordained without Pope […]

05.07.2026 16:02

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Kıbrıs Cyprus Mail

Helicopter crash victims’ memory remains a ‘reference point’ for Cyprus

The memory of the five military officers killed in the 2002 helicopter crash near Kouklia remains a lasting point of reference for both the Republic of Cyprus and the National Guard, Defence Minister Vasilis Palmas said on Sunday. Speaking at the annual memorial service for the victims, Palmas said their deaths served as a reminder […]

05.07.2026 15:53

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Kıbrıs Cyprus Mail

US to create genomic and cellular ‘BioVault’ for endangered species

A biotech company and a US government agency announced on Thursday a plan to create an archive of living cells and genomic material for ​every species protected under the US Endangered Species Act in a project to safeguard roughly 2,300 types of animals and plants deemed threatened or endangered. Texas-based Colossal Biosciences ‌said it reached […]

05.07.2026 15:30

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Kıbrıs Cyprus Mail

A complete guide to your dream home by Bank of Cyprus

Home ownership as a pillar of social stability Owning a home has long been one of the most important elements of economic and social security in Cyprus. For many families, a house is not just a property; it is the foundation of everyday life, a legacy for their children and proof of financial progress. However, […]

05.07.2026 15:15

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Kıbrıs Cyprus Mail

Music takes centre stage at Rialto Theatre in July

With the new month here, it is time to look ahead to a new series of events. This July, Rialto Theatre and its surrounding Limassol streets fill with diverse melodies as the 21st Cyprus Rialto World Music Festival returns, spanning almost the entire month. “At a time when access to culture feels more important than […]

05.07.2026 15:15

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Kıbrıs Cyprus Mail

Cyprus’ Schengen bid: another brick in the wall of partition and escalation

The narrative that presents Cyprus’ bid to join Schengen as merely ‘fulfilling EU obligations’ is a dangerous bureaucratic fantasy. In international politics, Nicosia’s push to bring government-controlled areas into Europe’s top internal security framework is a calculated move to maximise administrative power, set a firm digital defensive line and reshape Cyprus’ structural balance. Only this […]

05.07.2026 14:53

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Kıbrıs Cyprus Mail

Man hospitalised after Napa beating

A 47-year-old man is in a serious but stable condition after allegedly being assaulted by a group of unidentified people in Ayia Napa in the early hours of Sunday, police said. The man was found injured on a street in Ayia Napa at around 6am after police received information about the incident. He was initially […]

05.07.2026 14:51

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Kıbrıs Cyprus Mail

Real Madrid sign Dutch full-back Dumfries from Inter Milan

Real Madrid have signed Netherlands full-back Denzel Dumfries from Inter Milan on a four-year deal, the Spanish club said on Sunday. The clubs did not disclose financial details, but media reports say that Real activated the 30-year-old’s €20 million ($22.9 million) release clause. Dumfries leaves Inter after five seasons, having joined from PSV Eindhoven in […]

05.07.2026 14:27

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Kıbrıs Cyprus Mail

What a changing Nato means for Cyprus and the future of European defence

As Nato prepares for the July 7 Summit in Ankara, with defence industry, investment and support for Ukraine heading the agenda, discussions over burden-sharing between the United States and Europe are likely to accelerate a broader shift in the continent’s security architecture, which could leave Cyprus facing difficult strategic choices over Turkey’s future role in […]

05.07.2026 14:20

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