Cyprus Business Now: tourism, public debt, shipping, inflation, real estate
Kıbrıs Cyprus Mail

Cyprus Business Now: tourism, public debt, shipping, inflation, real estate

Trade Minister Michael Damianos on Thursday said that Cyprus is open for business as a stable, predictable and secure investment destination. Addressing the audience at the opening of the international investment conference of the Great Britain Cyprus Business Association (GBCY) in Limassol, he stated that their presence represented “a clear vote of confidence in Cyprus as a reliable, […]

17.04.2026 07:30
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EU commission allocates €399 million for advanced research talent
Kıbrıs Cyprus Mail

EU commission allocates €399 million for advanced research talent

The European Commission this week announced the opening of the 2026 call for Marie Skłodowska-Curie Actions Postdoctoral Fellowships, with a budget of €399.05 million aimed at supporting researchers across Europe and beyond. The fellowships are designed to support PhD holders in conducting research abroad, enabling them to develop new skills across disciplines and sectors. Participants […]

17.04.2026 07:00
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Limassol tourism board calls for targeted sector support
Kıbrıs Cyprus Mail

Limassol tourism board calls for targeted sector support

Limassol regional tourism board (Etap) prsident Andreas Tsouloftas has highlighted the need for targeted interventions to strengthen the tourism sector and support the local economy. In meetings with hoteliers and industry representatives in Limassol that took place this week, he stressed that tourism remains a key pillar of development for Limassol, underlining its central role […]

17.04.2026 06:40
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Freedom Holding acquires ChessBase in AI-driven strategy
Kıbrıs Cyprus Mail

Freedom Holding acquires ChessBase in AI-driven strategy

Freedom Holding Corp. has announced the acquisition of ChessBase, a global leader in chess software, data and analytics, as part of its strategy to expand its technology-driven ecosystem. The deal will see the company invest approximately €5 million in the platform’s development, with a focus on artificial intelligence integration and digital expansion. ChessBase is considered […]

17.04.2026 06:30
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Russia considers early return to forex market as rouble rallies
Kıbrıs Cyprus Mail

Russia considers early return to forex market as rouble rallies

The Russian government is considering ​an early return to the foreign currency market after the rouble rallied this month thanks to higher oil prices, ‌Finance Minister Anton Siluanov said on Thursday, in a move welcomed by businesses and markets. Faced with falling oil revenues at the start of the year that threatened to deplete its […]

17.04.2026 06:00
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Cyprus among highest plastic bottle users in EU
Kıbrıs Cyprus Mail

Cyprus among highest plastic bottle users in EU

At 16.6 bottles per capita, Cyprus is among the European Union countries with the highest use of plastic bottles in the EU, data published on Thursday. The European Commission’s first report on the implementation of the single-use plastics directive (SUPD) based on data from 2022 found that the number of per capita single-use plastic bottles […]

17.04.2026 04:24
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US officials tell European countries to expect weapons delivery delays, sources say
Kıbrıs Cyprus Mail

US officials tell European countries to expect weapons delivery delays, sources say

U.S. officials have informed European counterparts that some previously contracted weapons deliveries are likely to be delayed as the Iran war continues to draw on weapons stocks, three sources familiar with the matter said. The sources, who spoke on condition of anonymity as the communications were not public, said several European countries will be affected, […]

16.04.2026 23:54
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Mandelson failed security vetting; Starmer unaware advice was overruled, government says
Kıbrıs Cyprus Mail

Mandelson failed security vetting; Starmer unaware advice was overruled, government says

Britain’s former U.S. ambassador Peter Mandelson failed his security vetting before taking up the role, but Prime Minister Keir Starmer was unaware officials had overruled the recommendation, the government said on Thursday. “Neither the Prime Minister, nor any government minister, was aware that Peter Mandelson was granted developed vetting against the advice of UK Security […]

16.04.2026 23:48
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Questions raised over Drousiotis photos
Kıbrıs Cyprus Mail

Questions raised over Drousiotis photos

A photograph shared by researcher Makarios Drousiotis on Thursday, purporting to depict an injury on the arm of the woman nicknamed ‘Sandy’, appears to have been uploaded to the Internet years ago. Earlier in the day, Droushiotis published more content from his archive, consisting of text messages and also a photograph showing a gash on […]

16.04.2026 23:07
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Parliament green-lights extension for reduced VAT on first homes
Kıbrıs Cyprus Mail

Parliament green-lights extension for reduced VAT on first homes

The House on Thursday passed legislation extending the time period during which people applying for a permit for their first home may benefit from discounted VAT. Three years ago, regulations were passed that allowed people who applied for the permit between June and end of October 2023, to qualify for the 5 per cent VAT, […]

16.04.2026 21:21
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Ustel expresses ‘surprise and regret’ at EU’s Turkey report
Kıbrıs Cyprus Mail

Ustel expresses ‘surprise and regret’ at EU’s Turkey report

Turkish Cypriot ‘prime minister’ Unal Ustel on Thursday expressed “surprise and regret” at references to Cyprus in the European Parliament’s latest annual report on Turkey, which had called on the country to give the Turkish Cypriot community the necessary space” to chart its own political course. “This statement contains a clear implication that Turkey is […]

16.04.2026 21:15
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Two suspects held in connection to spate of arson attacks in Paphos
Kıbrıs Cyprus Mail

Two suspects held in connection to spate of arson attacks in Paphos

Two persons were remanded in police custody on Thursday on suspicion of involvement in a string of recent arson and attempted arson incidents. Paphos district court ordered the two held in police custody for eight days. The suspects are a 19-year-old man and a 41-year-old woman. They are suspected of multiple offences, including conspiracy to […]

16.04.2026 20:05
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Illegally operating hotels given further grace
Kıbrıs Cyprus Mail

Illegally operating hotels given further grace

MPs on Thursday grudgingly voted to grant yet another extension to hotels and tourist accommodation premises currently operating without a full permit, allowing these businesses to set their paperwork in order by end of 2028. The government bill passed with 25 votes for, one against, and 15 abstentions. Disy MP Kyriacos Hadjiyianni, who abstained from […]

16.04.2026 19:23
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Concerns raised over Akamas military exercise
Kıbrıs Cyprus Mail

Concerns raised over Akamas military exercise

Opposition party Akel on Thursday condemned the holding of a military exercise by the National Guard during the same day. “Akamas is one of the most important natural heritage areas of Cyprus, integrated into a nature protection zone, with unique biodiversity, sensitive ecosystems and invaluable environmental value,” Akel said. It emphasised that conducting military exercises […]

16.04.2026 19:17
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Daughter of SBA commander jailed over glass attack
Kıbrıs Cyprus Mail

Daughter of SBA commander jailed over glass attack

The daughter of an RAF commander who slashed another young woman’s face with a wine glass during a drunken altercation in the Akrotiri base area has been jailed for 14 months, a court has ruled. The case, heard at the Resident Judge’s Court of the Sovereign Base Areas in Episkopi, centred on an attack which […]

16.04.2026 19:12
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Back-to-back street food parties in the city
Kıbrıs Cyprus Mail

Back-to-back street food parties in the city

If you are hungry and out and about in the capital this weekend, you can enjoy dishes from around the world on Saturday at the AKORA Street Food Party in Old Nicosia. From 7pm to midnight, municipality square in front of the new Nicosia Town Hall will transform into an open-air kitchen serving all kinds […]

16.04.2026 19:00
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Erhurman meets Erdogan in Ankara
Kıbrıs Cyprus Mail

Erhurman meets Erdogan in Ankara

Turkish Cypriot leader Tufan Erhurman met Turkish President Recep Tayyip Erdogan in Ankara on Thursday, having travelled to Turkey to attend this weekend’s Antalya diplomacy forum. The meeting is Erhurman’s second visit to Ankara since being elected Turkish Cypriot leader last October, with no public statements having been made by either leader after its conclusion. […]

16.04.2026 18:38
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Cyprus open for business as a stable investment destination, says minister
Kıbrıs Cyprus Mail

Cyprus open for business as a stable investment destination, says minister

Trade Minister Michael Damianos on Thursday said that Cyprus is open for business as a stable, predictable and secure investment destination. Addressing the Great Britain Cyprus Business Association (GBCY) investment conference in Limassol, he described the delegates’ presence as a “clear vote of confidence” in the island’s standing as a resilient and competitive international business […]

16.04.2026 18:07
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Queer Collective condemns lambradjia incidents as cultural homophobia
Kıbrıs Cyprus Mail

Queer Collective condemns lambradjia incidents as cultural homophobia

Following recent incidents involving rainbow flags placed on Easter bonfires, the Queer Collective on Thursday said the acts reflect broader social and institutional failures. For the second consecutive year, rainbow flags were placed on lambradjies and burned during Holy Saturday celebrations, with incidents reported in multiple areas across Cyprus. The group said public debate has […]

16.04.2026 17:58
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Remand following attempted murder of teen
Kıbrıs Cyprus Mail

Remand following attempted murder of teen

A 24-year-old man was remanded for seven days by the Larnaca district court on Thursday for the attempted murder of 19-year-old Greek Cypriot. Police are investigating offences including attempted murder, grievous bodily harm, assault causing serious injury and stabbing against him. The incident occurred at a costal nightclub in Larnaca last Sunday. An accidental contact […]

16.04.2026 17:53
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Candidates standing for MP to be submitted on May 6
Kıbrıs Cyprus Mail

Candidates standing for MP to be submitted on May 6

Formal submissions of candidacy for the upcoming parliamentary elections will take place on May 6, while the House will dissolve on April 23, officials announced on Thursday. The details were made known after a meeting between representatives of political parties and the permanent secretary of the interior ministry, also the chief returning officer. Based on […]

16.04.2026 17:52
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