Kıbrıs Cyprus Mail

Cyprus tech sector doubles impact to €11.9bn, KPMG says

KPMG Cyprus partner Christophoros Anayiotos said Cyprus’ technology sector has moved from the margins of the economy to one of its strongest engines of growth, contributing €5.9 billion, 16.2 per cent of GDP, in 2025. Speaking during his keynote address at the TechIsland Summit on Thursday, titled ‘The Impact of Tech and Innovation in Cyprus’, […]

21.05.2026 10:53

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Kıbrıs Cyprus Mail

Cyprus’ tech island vision is now a fact, Polykarpou says

TechIsland chairman Valentinos Polykarpou said Cyprus’ transformation into a technology hub is no longer an aspiration but “a fact”, as he called for a broader investment in people to ensure the country does not leave parts of society behind in the AI era. Speaking in his opening address, Polykarpou linked Cyprus’ progress as a tech […]

21.05.2026 10:38

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Kıbrıs Cyprus Mail

Cyprus to open trade centre in Mumbai

Cyprus is to open a trade centre in Mumbai, President Nikos Christodoulides announced on Thursday, with the centre set to open its doors in September. “As part of our ongoing efforts to deepen economic and business ties between Cyprus and India, I am delighted to announced today our decision for the establishment of a Cyprus trade […]

21.05.2026 10:36

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Kıbrıs Cyprus Mail

Anger in Turkey after Freiburg fans pee on Ataturk monument

Turkish social media erupted in anger on Wednesday night after images circulated appearing to show supporters of German football club SC Freiburg urinating near a monument dedicated to Mustafa Kemal Ataturk in Istanbul ahead of the Europa League final. The incident allegedly took place before Freiburg’s Europa League clash against Aston Villa in the Turkish […]

21.05.2026 10:32

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Kıbrıs Cyprus Mail

Southampton lose appeal, Middlesbrough to face Hull in playoff final

Hull City will play Middlesbrough for a place in the Premier League after Southampton failed on Wednesday to overturn their expulsion from the Championship playoff final for spying on opponents. Southampton were thrown out of the final on Tuesday, and handed a four-point deduction for next season, after they had beaten semi-final opponents Middlesbrough. “The […]

21.05.2026 10:24

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Kıbrıs Cyprus Mail

Panos Evripidou Foundation holds 10th annual ride for premature babies

The Panos Evripidou Foundation successfully organised the 10th annual “Cycling for Preemies 2026” ride on May 17, 2026, in collaboration with the Mora Thavmata Association and with the support of the Limassol Municipality Cycling Team, honouring the memory of brothers Panos and Christian Evripidou, who were born prematurely. Held under the inspiring slogan “Every Pedal […]

21.05.2026 10:09

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Kıbrıs Cyprus Mail

Christodoulides praises Mumbai’s ‘remarkable energy’

President Nikos Christodoulides on Thursday praised the “remarkable energy” of Mumbai as he opened the Cyprus-India business forum in the city on the second day of his state visit to India.  “In this city of remarkable energy, that encapsulates the genius of Indian growth, Mumbai is in fact a mirror reflection of the strong ambition and […]

21.05.2026 10:03

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Kıbrıs Cyprus Mail

Cablenet highlights customer-centric digital transformation at Cyprus IBM summit

Cablenet and its Chief Digital Officer, Ingrid Camilleri, were invited to the “IBM Technology Summit Cyprus: Accelerating AI, Hybrid Cloud & Automation Together“, where Camilleri participated in a panel discussion alongside industry leaders and senior executives from various sectors. As part of the panel discussion, CDO Camilleri shared insights into Cablenet’s ongoing digital transformation journey, […]

21.05.2026 09:56

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Kıbrıs Cyprus Mail

Members of farmers association attack TV crew in Pachna

A crew of reporters who had travelled to Pachna to cover the protest of farmers reportedly got attacked by members of the newly formed association of livestock farmers ‘The Voice of Livestock Breeders’ on Thursday. The farmers had staged a protest in Pachna to prevent the culling of further animals amid the most recent outbreak […]

21.05.2026 09:54

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Kıbrıs Cyprus Mail

Bentley marks seventh consecutive year of profitability

Bentley Motors has reported a seventh consecutive year of profitability, demonstrating resilient underlying performance amid a challenging global market environment, while continuing to self-fund significant capital investment at its historic Pyms Lane site in preparation for electrification. While headline financial results were impacted by a number of external and non-recurring factors, Bentley’s core performance remained […]

21.05.2026 09:42

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Kıbrıs Cyprus Mail

Eldyk soldier hospitalised with meningitis

A soldier of the Greek armed forces in Cyprus (Eldyk) has been hospitalised with meningitis at the Nicosia general hospital, where he currently remains intubated in the intensive care unit. According to media reports, another two suspected cases of meningitis were detected in the same unit, with the soldiers currently receiving medical treatment. Meanwhile, the defence ministry […]

21.05.2026 09:17

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Kıbrıs Cyprus Mail

Google Search undergoes biggest reinvention in twenty-five years with AI shift

Alphabet’s Google on Tuesday put AI agents directly into its search box and ​rolled out a faster, cheaper version of its Gemini model, aiming to blunt gains by rivals Anthropic and OpenAI among enterprise customers. Alphabet, which recently came within striking distance of Nvidia (NVDA.O) as the ‌world’s most valuable company, also reinforced its core […]

21.05.2026 09:14

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Kıbrıs Cyprus Mail

India-Cyprus partnership ‘entering most promising chapter’

The partnership of India and Cyprus is “entering its most promising chapter”, Maharashtra state chief minister Devendra Gangadharrao Fadnavis said on Thursday, as he opened the Cyprus-India business forum in the capital city of his state, Mumbai. He said that President Nikos Christodoulides’ state visit to India, which began in India on Wednesday, “carries deep significance” […]

21.05.2026 09:00

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Kıbrıs Cyprus Mail

Christodoulides continues India visit with business contacts in Mumbai

President Nikos Christodoulides Thursday continued his India visit at the Cyprus-India business forum in Mumbai. “At the heart of this strategicpartnership are our respective, and very vibrant, business communities, theones that drive our economies forward,” he said. Following his visit in Mumbai, the president will travel to New Delhi, where he will meet with Indian Prime […]

21.05.2026 08:44

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Kıbrıs Cyprus Mail

Paphos startup eyes European expansion and local impact

Cyprus-based entrepreneur Yannik Schmidt-Grimm, founder of dreamfactory Hospitality and guest automation platform Foyera, has outlined how building from Paphos shaped his company’s strategy, scaling approach and technological focus, as the group expands across Europe. Speaking to the Cyprus Mail, the ambitious founder said that relocating to Paphos provided a rare operating environment that allowed him […]

21.05.2026 08:42

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Kıbrıs Cyprus Mail

Today’s weather: Drop in temperatures, chance of afternoon showers

On Thursday, there will be an increase in local cloud cover, which may result in isolated showers. Rains and storms are expected in the south, east and interior in the afternoon and evening. These will be local and mainly affect mountainous areas. Hail is likely in a storm. Temperatures are expected to rise to around […]

21.05.2026 08:21

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Kıbrıs Cyprus Mail

Half of Cyprus firms adopt e-business tools in 2025

Cyprus recorded a 51 per cent uptake of e-business applications in 2025, placing it close to the European Union average, according to a report from Eurostat. Across the EU, just over half of enterprises, 53 per cent, used specialised e-business software, including enterprise resource planning, customer relationship management and business intelligence tools. The figures highlight […]

21.05.2026 08:14

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Kıbrıs Cyprus Mail

Trump warns Iran of renewed attacks as Tehran reviews US proposal

Iran said on Thursday it was reviewing Washington’s latest position on ending the war after U.S. President Donald Trump suggested he was prepared to wait a few days to “get the right answers” from Tehran but warned of renewed attacks if it did not agree to a deal. “We have received U.S. views and are […]

21.05.2026 07:53

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Kıbrıs Cyprus Mail

Cyprus inflation convergence with EU highlights growing domestic price pressures

Cyprus recorded a year-on-year inflation rate of 3 per cent in April 2026, according to a report from Eurostat, as price pressures accelerated across the euro area and European Union. The figure marks a sharp increase from 1.5 per cent in March 2026 and 1.4 per cent in April 2025, highlighting a clear upward trend […]

21.05.2026 07:40

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Kıbrıs Cyprus Mail

Cyprus Business Now: Aegean, Heroes square, banks, housing, Louis Hotels

Cyprus’ housing market is showing renewed signs of pressure, with house prices and rents rising faster than the EU average, even though households on the island remain less burdened by housing costs than many of their European counterparts, according to Eurostat data. The figures, drawn from Eurostat’s new Housing Dashboard and its Housing in Europe 2025 publication, point to an […]

21.05.2026 07:30

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Kıbrıs Cyprus Mail

Cyprus contributes to rising EU beekeeping activity

Cyprus recorded 33,640 beehives on farms in 2023, as the total number of beehives across the European Union rose sharply, according to a report released by Eurostat to mark World Bee Day. Across the EU, the number of beehives on farms reached 9.4 million in 2023, representing an increase of 1.3 million or 16 per […]

21.05.2026 06:58

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Kıbrıs Cyprus Mail

What’s on this weekend

Rain or shine, a packed events agenda is happening this weekend. Get ready for festivals, artistic interventions, street food and performances. Prepping the ground for a good weekend ahead is another Fork Food Market this Friday at the Nicosia Municipal Gardens. From 7pm, food vendors will turn up the heat with sizzling dishes, refreshing bites […]

21.05.2026 06:40

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Kıbrıs Cyprus Mail

HSBC lifts profit forecasts for systemic Greek lenders on interest rate boom

Global banking conglomerate HSBC this week released an investment report estimating that Greek banks remain among the primary beneficiaries of a more stringent monetary policy framework from the European Central Bank (ECB). According to a report from Greek business outlet Insider, the financial institution has integrated into its macroeconomic models a total of three upcoming […]

21.05.2026 06:30

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Kıbrıs Cyprus Mail

Modernising ground fleets emerges as business imperative amid operational risks

Ground handling is becoming more complex and the margin for error is shrinking, IATA’s Director Ground Operations Monika Mejstrikova said at the 38th IATA Ground Handling Conference in Cairo. She also warned that the sector is facing growing pressure from demand, infrastructure constraints, workforce challenges and geopolitical instability. “Ground handling is not a support function. […]

21.05.2026 06:00

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