Kıbrıs Cyprus Mail

KEO board to meet for approval of annual financial statements

The board of directors of Cypriot beverage maker KEO plc will convene on April 29, 2026 to review the audited financial statements of the group and schedule the next annual general meeting. According to an announcement, this formal session is scheduled to begin at 09:30 a.m. on the final Wednesday of the month. The primary […]

15.04.2026 10:43

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Kıbrıs Cyprus Mail

Eurobank raises €400 million in bond issue, continues share buyback

Eurobank S.A. has announced it successfully priced a €400 million senior preferred bond issuance following strong demand from institutional investors. The bank said the Fixed Rate Senior Preferred Notes due July 17, 2029 were placed privately with Morgan Stanley, highlighting robust investor appetite. The bonds carry a yield of 3.50 per cent and include a […]

15.04.2026 10:40

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Kıbrıs Cyprus Mail

Cypriot economist warns of exponential effects if hostilities resume

Developments in the Middle East, particularly in the Persian Gulf, are adding fresh uncertainty to the global economy, with volatility making investors and businesses more hesitant to move ahead, economist Tassos Yiasemides said. Speaking to the Cyprus Agency News (CNA), Yiasemides said that, despite the ceasefire, uncertainty over how talks between the United States and […]

15.04.2026 10:35

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Kıbrıs Cyprus Mail

Investigation into building collapse ‘to be complete within week’

Investigations into a block of flats which collapsed in Limassol’s Yermasoyia, killing two, are expected to be complete within the week, chief of Limassol CID Costas Michael said on Wednesday. He told CyBC radio that once investigations are complete, the police will transfer the case file to the legal service, which will study it and […]

15.04.2026 10:15

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Kıbrıs Famagusta Gazette

Fire Service to Hold High‑Rise Rescue Drill in Larnaca

The Cyprus Fire Service says it will conduct a training exercise in Larnaca on Wednesday as part of its regular readiness program. The drill, titled “Firefighting and Rescue from a Multi‑Story Building,” is scheduled for April 15 between 10 a.m. and noon at the Althea Residents building on Engomis Street. Fire stations from the Larnaca […]

15.04.2026 10:15

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Kıbrıs Cyprus Mail

Cost of Living in Cyprus in 2026

Introduction The cost of living in Cyprus in 2026 is a topic that generates a lot of mixed opinions. Some still see Cyprus as an affordable Mediterranean destination, while others—especially residents—point out that everyday living expenses have risen noticeably in recent years. This guide breaks down realistic living expenses in Cyprus, focusing on what people […]

15.04.2026 10:05

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Kıbrıs Cyprus Mail

Best places to buy property in Cyprus in 2026

Introduction Choosing the best places to buy property in Cyprus in 2026 is less about finding a single “top location” and more about matching the right area to your goals. Buyers today are balancing affordability, lifestyle, rental potential, and long-term value—rather than simply following popularity. This guide breaks down where to buy property in Cyprus […]

15.04.2026 10:05

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Kıbrıs Cyprus Mail

Digital nomads in Cyprus

Introduction Cyprus is increasingly attracting remote workers looking for a mix of EU access, warm climate, and relatively manageable living costs. But for digital nomads, the real question is not whether Cyprus looks appealing—it’s whether it works practically: reliable internet, realistic budgets, visa options, and cities that support remote work. This guide focuses on what […]

15.04.2026 10:04

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Kıbrıs Cyprus Mail

Fork Food Market is back for a brand new season

Nicosia’s popular street food event makes its comeback this spring and kicks off a new 2026 season of foodie gatherings as the evenings are turning warmer. Two Fork Food Markets are coming up soon, first on April 24 and then on May 8, adding some flavour to the city’s Friday nights. The Nicosia Municipal Gardens […]

15.04.2026 10:00

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Kıbrıs Cyprus Mail

European TSO network rejects Turkish Cypriots’ plans for cable to Turkey

The European network of transmission system operators for electricity (Entso-E) has rejected suggestions that it may include plans for a cable to connect Cyprus and Turkey into its continent-wide ten-year development plan. Instead, it said, the Great Sea Interconnector project, which, if completed, will connect the electricity grids of Cyprus, Greece and Turkey, “is the […]

15.04.2026 09:47

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Kıbrıs Cyprus Mail

Hungary: is the tide turning for populists?

Polish Prime Minister Donald Tusk sent a message congratulating Hungary’s newly elected prime minister, Peter Magyar, for having evicted long-serving populist leader Viktor Orban (aka ‘The Viktator’) from power. All the usual welcoming words, but Tusk’s message ended with two slightly mysterious words in Hungarian: “Ruszkik Haza” – Russians Go Home. There are no Russians […]

15.04.2026 09:25

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Kıbrıs Cyprus Mail

Ustel’s close personal associate denies links to ‘cyber-attacks’ on journalists

Turkish Cypriot ‘prime minister’ Unal Ustel’s close personal associate on Wednesday denied that she has any links to a spate of closures of social media accounts and deletions of posts linked to journalists and news outlets in Cyprus. Instead, she told news website Bugun Kibris that claims she had been linked to the closures constituted […]

15.04.2026 09:09

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Kıbrıs Cyprus Mail

Motorcycle fire believed to be arson

A motorcycle burst into flames on Tuesday evening, with the police believing that the fire was set deliberately. The motorcycle had been parked in what the police described as an “open area” in Nicosia, and was owned by a 33-year-old man. It burst into flames at around 6pm on Tuesday. The police’s investigation into the […]

15.04.2026 08:48

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Kıbrıs Cyprus Mail

Trump slams “weak” Pope as dispute over war and morality deepens

U.S. President Donald Trump, whose war and immigration policies have been condemned by Pope Leo, reiterated his criticism of the religious leader on Tuesday night. In a post on Truth Social, Trump urged that “someone please tell Pope Leo” about the killings of protesters by Iran and that “for Iran to have a Nuclear Bomb […]

15.04.2026 08:38

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Kıbrıs Cyprus Mail

EU urged to unlock intellectual property funding potential

The European Union Intellectual Property Office (EUIPO) has published a major report examining the use of intellectual property as a source of financing for innovative businesses across Europe. The report, titled intellectual property-backed financing in Europe, highlights the underutilisation of intellectual property rights in securing funding and outlines measures to strengthen a more effective financing […]

15.04.2026 08:02

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Kıbrıs Famagusta Gazette

Dusty Skies, Warmer Days Before Late‑Week Showers

Cyprus will see mostly fair weather over the next few days, with sunshine, thin cloud and periods of dust in the atmosphere, before local showers arrive toward the end of the week. A weak high‑pressure system is affecting the area, with low pressure expected from Thursday. Dust concentrations may be elevated at times. Today will […]

15.04.2026 08:00

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Kıbrıs Cyprus Mail

US chokes off Iran sea trade, but Trump sees deal within days

The United States said on Wednesday its military had completely halted trade going in and out of Iran by sea, even though President Donald Trump said talks with Tehran on ending the war could resume this week. Trump said negotiations between U.S. and Iranian officials could resume in Pakistan in the next two days and […]

15.04.2026 07:56

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Kıbrıs Cyprus Mail

Supply pressures set to hit PC market in 2026

Global PC shipments of desktops, notebooks and workstations rose by 3.2 per cent year-on-year in the first quarter of 2026, reaching 64.8 million units, according to market intelligence firm Omdia. The company reported that notebooks, including mobile workstations, recorded a modest increase of 2.6 per cent, with shipments totalling 50.8 million units during the quarter. […]

15.04.2026 07:50

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Kıbrıs Cyprus Mail

Cyprus Business Now: steel industry, state employment, Royal Caribbean Group

The Cyprus Presidency of the Council of the EU and the European Parliament reached a provisional agreement on a new regulation aimed at addressing the impact of global steel overcapacity on the European market. The agreement, finalised late on Monday, introduces an updated framework designed to protect the EU steel sector from trade diversion and excess supply, while ensuring compliance with international trade obligations […]

15.04.2026 07:30

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Kıbrıs Cyprus Mail

Cyprus is still Europe’s best-kept secret for international capital — but not for long

By Yiannis Tsoutsoukis Every year, I watch the same thing happen. An entrepreneur or investor spends months evaluating jurisdictions — Malta, Luxembourg, the Netherlands, Ireland — before finally landing on Cyprus. And then they say the same thing: “I wish someone had told me about this sooner.”  I’ve been working in Cyprus’s regulated financial environment for over a […]

15.04.2026 07:00

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Kıbrıs Cyprus Mail

Banks urged to embed dry runs within broader risk management

The European Banking Authority (EBA) has published a report comparing how banks test the implementation of their recovery plans through so-called dry runs, highlighting significant differences in approach and effectiveness across institutions. The report comes at a time of heightened uncertainty and an ongoing need for operational preparedness, concluding that dry runs are a key […]

15.04.2026 06:00

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Kıbrıs Cyprus Mail

Tackling energy poverty requires structural reform

By Myrto Skouroupathi Energy poverty is defined as the inability of a household to access essential energy services, such as heating, cooling and electricity, required for a decent standard of living and health. Three main factors contribute to energy poverty: a high proportion of household expenditure spent on energy, low income, and the poor energy performance […]

15.04.2026 04:24

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Kıbrıs Cyprus Mail

Our View: Cyprus police again going after the messenger

There are times when the decisions and actions of the law enforcement authorities do not stand up to rational scrutiny. The visit, in the early hours of Easter Saturday, by police officers to the home and subsequently the office of lawyer Nikos Clerides, who had in the past represented ‘Sandy’ – the source of the […]

15.04.2026 04:20

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Kıbrıs Cyprus Mail

Atletico survive Barca scare as PSG cruise into Champions League semis

Atletico Madrid and Paris Saint-Germain booked their places in the Champions League semi-finals on Tuesday after two dramatically different nights across Europe — one defined by survival, the other by control. At the Metropolitano, Atletico reached their first semi-final in nine years by edging past Barcelona 3-2 on aggregate, despite suffering a tense 2-1 home […]

15.04.2026 02:42

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