Kıbrıs Cyprus Mail

Demetra Holdings completes latest own share purchase

Demetra Holdings Plc on Monday announced that it had successfully repurchased 16,900 of its own shares during a trading session held on June 19, 2026. The company executed the purchase through its broker, the Cyprus Investment & Securities Corporation Ltd (CISCO). Across several transactions during the session, the shares were acquired at an average price […]

22.06.2026 17:32

12 0

Kıbrıs Cyprus Mail

Cooperation with Europe to combat crime ‘not merely political’

European cooperation in combating crime is not merely a political objective, it also produces tangible results, Justice Minister Costas Fytiris said on Monday addressing a meeting of the Europol Management Board held in Nicosia. The 148th meeting of the Europol Management Board (MB) took place at the Filoxenia conference centre as part of Cyprus’ rotating […]

22.06.2026 17:30

12 0

Kıbrıs Cyprus Mail

Foreign Ministry sends pharmaceutical supplies to Burkina Faso

Pharmaceutical supplies to address urgent needs in Burkina Faso were sent by the foreign ministry on Monday, reaffirminigits commitment to humanitarian assistance. The ministry said that this aid, which includes chemotherapy and vaccines for children with cancer, was coordinated with CyprusAid and the Hope Foundation for Children with Cancer and Leukaemia. The ministry expressed gratitude […]

22.06.2026 17:21

12 0

Kıbrıs Cyprus Mail

Ukraine to decide who represents Europe in Russia talks, Zelenskiy says

Ukraine will decide who represents Europe in any negotiations with Russia, President Volodymyr Zelenskiy said in an interview with Ukrainian media published late on Sunday. Ukraine has been trying to reinvigorate the diplomatic push to end Russia’s more than four-year-old war by including Europeans, as U.S.-backed negotiations stalled amid the Iran war and Ukraine refused […]

22.06.2026 17:16

13 0

Kıbrıs Cyprus Mail

Alan Greenspan, US Fed ‘maestro’ through years of boom and bust, dies at 100

Alan Greenspan, hailed as the greatest Federal Reserve chairman when he retired in 2006 but derided for a severe financial crisis that followed barely two years later, died on Monday aged 100, his wife said. Greenspan, who exerted a powerful influence on the U.S. economy during his tenure at the helm of the Fed from […]

22.06.2026 16:59

14 0

Kıbrıs Cyprus Mail

Logicom announces proxy voting rights for general meeting

Technology distributor Logicom Public Limited on Monday announced that it had received notification regarding the exercise of voting rights at its upcoming annual general meeting. The meeting is scheduled to take place on June 25, 2026, at the Olympic House in Nicosia. Under the terms of a proxy granted by Demetra Holdings Plc, chairman of […]

22.06.2026 16:44

13 0

Kıbrıs Cyprus Mail

Government moves to tackle perennial sick leave abuse by civil servants

The government is preparing structural changes to address the abuse of sick leave across the public sector after concerns were raised over employees remaining absent from work for years while continuing to receive pay, Labour Minister Marinos Mousiottas said on Monday. Speaking after meeting Justice Minister Costas Fitiris, Finance Minister Makis Keravnos and Health Minister […]

22.06.2026 16:23

14 0

Kıbrıs Famagusta Gazette

Three years in prison for intent to supply cannabis

A 28‑year‑old Greek Cypriot man was sentenced to nearly three years in prison on June 17 after being arrested last December with 23 kilograms of cannabis. He was detained in his car in Trachoni during a joint afternoon operation by the Sovereign Base Areas Police and the Cyprus Police Drugs Unit. He was later found […]

22.06.2026 16:05

13 0

Kıbrıs Cyprus Mail

Cabinet recommends new suspension for former prison director

The cabinet on Monday recommended that former prisons director Anna Aristotelous be placed on suspension once again. The decision was taken during an extraordinary cabinet meeting, with ministers agreeing to submit a recommendation to the Public Service Commission (PSC) that Aristotelous be placed back on leave. The move comes days after the Administrative Court annulled […]

22.06.2026 16:03

14 0

Kıbrıs Cyprus Mail

Four in ten Cypriots face financial vulnerability

The Financial Wellbeing Institute on Monday released its Financial Wellbeing Index report for 2025, which showed a modest improvement in the financial health of the population while revealing that many households remain under pressure. The index reached 54.6 points this year, marking an increase of approximately four points compared to the findings in 2024. Despite […]

22.06.2026 15:58

15 0

Kıbrıs Cyprus Mail

Annita says EU can ‘act as lever of pressure’ in Cyprus problem talks

House President Annita Demetriou on Monday said that the European Union can “act as a lever of pressure” on Turkey as efforts continue to bring about a resumption of negotiations in earnest to solve the Cyprus problem. “Turkey’s aspirations in relation to the European Union are creating a situation which can act as a lever […]

22.06.2026 15:57

14 0

Kıbrıs Cyprus Mail

Cyprus tax revenues drive rise in state income to €3.8 billion

The Treasury on Monday released data showing that the implementation of the state budget up to the end of May 2026 reached 35 per cent for revenue and 32 per cent for expenditure. Specifically, revenue totalled €3.8 billion at the end of May 2026, matching the 35 per cent mark recorded during the same period […]

22.06.2026 15:52

13 0

Kıbrıs Cyprus Mail

Forestry department urges public to camp responsibly

The forestry department called on the public on Monday to help protect Cyprus’ forests by camping only in approved and organised camping areas. The department said illegal camping tends to increase during the summer months, particularly in environmentally sensitive areas such as the Akamas national forest park. Uncontrolled human activity, littering and other interventions place […]

22.06.2026 15:41

14 0

Kıbrıs Cyprus Mail

Murdered Bangladeshi student lured with job offer

A 22-year-old Bangladeshi man was remanded in custody for eight days on Monday after confessing to the murder of fellow Bangladeshi student Shahruar Ahmed Emon and staging his kidnapping to demand money from the victim’s family. The case emerged after the victim, also aged 22, was reported missing on June 12. Investigators later discovered his […]

22.06.2026 15:37

9 0

Kıbrıs Cyprus Mail

Cyprus-based firm eyes gains from African gold mine

Cyprus-based Mithril Royalties announced on Monday that it has strengthened its exposure to one of Africa’s most closely watched gold developments after a major new construction milestone at the Tulu Kapi project in Ethiopia, where KEFI Gold and Copper has signed a mining services contract worth more than $400 million. The agreement, announced on June […]

22.06.2026 15:36

9 0

Kıbrıs Cyprus Mail

Germany defender Schlotterbeck out of World Cup with ankle injury

Germany central defender Nico Schlotterbeck will miss the rest of the World Cup and will be sidelined for several months after picking up an ankle ligament injury in their 2-1 Group E victory over Ivory Coast on Saturday, the team said on Monday. Schlotterbeck, a starting centre-back, was injured early in the game and was […]

22.06.2026 15:32

13 0

Kıbrıs Cyprus Mail

Why Cyprus’ extreme heat is more dangerous than you think

Most people recognise the warning signs of heatstroke. But what about headaches that last for days, trouble sleeping, feeling foggy in the afternoon, or the tiredness that often comes with the hottest part of summer? In Cyprus, where summer temperatures often rise above 40C, and heatwaves become a regular part of life, many people see […]

22.06.2026 15:30

13 0

Kıbrıs Cyprus Mail

Enlarged meeting ‘not an end in itself’, Letymbiotis says

Government spokesman Konstantinos Letymbiotis on Monday stressed that the convening of an enlarged meeting on the Cyprus problem must take place with a view to resuming negotiations in earnest to solve it, after the conclusion of the National Council meeting. “In no case could the convening of an enlarged meeting simply for the sake of […]

22.06.2026 15:23

13 0

Kıbrıs Cyprus Mail

Eurobank buys back 1.74 million shares for €7.42m

Eurobank S.A. on Monday provided a market update regarding the progress of its share buyback programme, confirming the repurchase of more than 1.7 million shares during the previous week. The transactions took place between June 15, 2026, and June 19, 2026, on the Euronext Athens exchange. During this five-day period, the bank successfully acquired a […]

22.06.2026 15:17

13 0

Kıbrıs Cyprus Mail

Cyprus-based Asbis monthly revenue exceeds $600 million

The board of directors of ASBISc Enterprises Plc on Monday published the company’s estimated monthly consolidated revenues for May 2026. Specifically, the Cyprus-based IT distributor, commonly known as Asbis, announced that its estimated consolidated revenues for the month amounted to approximately $604 million. This performance represents an increase of approximately 89 per cent compared to […]

22.06.2026 14:55

12 0

Kıbrıs Cyprus Mail

US and Iran make ‘encouraging progress’ at talks although tension remains

The United States and Iran made “encouraging progress” at the first round of talks aimed at reaching a final peace deal, mediators said on Monday, although tension persisted over Lebanon and the Strait of Hormuz. The two sides agreed to a roadmap towards a lasting deal to end their war within 60 days at the […]

22.06.2026 14:55

13 0

Kıbrıs Cyprus Mail

Man remanded over 10kg opiate haul

A 35-year-old man was remanded in custody for eight days on Monday after 10kg of opiate drugs were found at his home in Nicosia. The detention order was issued by the Nicosia district court following the man’s arrest after a police search of the property. Officers from the drug squad found 54 airtight packages containing […]

22.06.2026 14:53

13 0

Kıbrıs Cyprus Mail

Cyprus makes strides in connectivity but lags in AI adoption

Cyprus has made progress in digital public services, connectivity and business digitalisation, but still needs to make online state services easier, more inclusive and better connected, according to the European Commission’s 2026 state of the digital decade report.  The Commission’s latest report on Cyprus, published in June, presents a mixed picture: an island with a strong digital base and improving public services, but one still […]

22.06.2026 14:47

14 0

Kıbrıs Cyprus Mail

Migration pact and return rules mark key step for Cyprus

The significance of the EU’s Pact on Migration and Asylum and the new Return Regulation for both the EU and Cyprus was highlighted by deputy minister for migration Nicholas Ioannides on Monday. He noted that the migration pact, effective from June 12, establishes clearer rules, quicker procedures, stricter border controls and solidarity mechanisms among member […]

22.06.2026 14:46

12 0