Cyprus posts €538.8m budget surplus in January
Kıbrıs Cyprus Mail

Cyprus posts €538.8m budget surplus in January

Cyprus recorded a general government fiscal surplus of €538.8 million in January 2026, equivalent to 1.5 per cent of gross domestic product, according to the Cyprus Statistical Service (Cystat). The figure represents a slight decline compared with the surplus of €569.3 million, or 1.6 per cent of GDP, recorded in January 2025. According to the […]

13.03.2026 18:19
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Ripple (XRP) leverage drops 78% as Mutuum Finance (MUTM) positions for DeFi market growth
Kıbrıs Cyprus Mail

Ripple (XRP) leverage drops 78% as Mutuum Finance (MUTM) positions for DeFi market growth

Leverage associated with XRP has reportedly dropped by as much as 78%, indicating a significant pullback in speculative trading activity around the token. The steep decline suggests that traders are taking a more cautious stance, scaling back risk amid ongoing uncertainty in the broader cryptocurrency market. At the same time, a new decentralized finance platform, […]

13.03.2026 18:10
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Israel destroys bridge in Lebanon, threatens Gaza-scale destruction
Kıbrıs Cyprus Mail

Israel destroys bridge in Lebanon, threatens Gaza-scale destruction

Israel destroyed a bridge in southern Lebanon on Friday and dropped leaflets in Beirut threatening Gaza-scale devastation as it deployed more troops to fight Iran-backed Hezbollah and warned of more attacks on the country’s infrastructure. As Israeli warplanes pounded Beirut’s suburbs with air strikes, Lebanon’s interior minister said authorities were unable to accommodate the hundreds […]

13.03.2026 17:42
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Finance minister says Invest Cyprus has been decisive for economic growth
Kıbrıs Cyprus Mail

Finance minister says Invest Cyprus has been decisive for economic growth

Finance Minister Makis Keravnos on Friday said the role of Invest Cyprus remains decisive in establishing Cyprus as an attractive, safe and competitive investment destination, during remarks delivered at the organisation’s annual general meeting. Speaking during the event, the minister expressed satisfaction with the work carried out by Invest Cyprus in strengthening the country’s international […]

13.03.2026 17:38
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Informational event at the Chinese Embassy: “Understanding China through the two sessions”
Kıbrıs Cyprus Mail

Informational event at the Chinese Embassy: “Understanding China through the two sessions”

The Embassy of the People’s Republic of China in the Republic of Cyprus, in collaboration with Strategy International, organized an informational event on Friday, March 13, 2026, titled “Understanding China Through the Two Sessions,” at the Embassy’s premises in Nicosia. The keynote speaker at the event was the Chargé d’Affaires of the Chinese Embassy in […]

13.03.2026 17:22
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MPs visit Kaimakli schools over ‘demographic alteration’
Kıbrıs Cyprus Mail

MPs visit Kaimakli schools over ‘demographic alteration’

MPs from the House education committee visited schools in Kaimakli on Friday following a request from parents and students to examine what they described as a “demographic alteration” in the area. MPs Pavlos Mylonas, Demetris Demetriou, Christos Christofides and Chrysis Pantelides, along with Nicosia mayor Charalambos Prountzos and representatives from teachers’ union Poed, the district […]

13.03.2026 17:20
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Cyprus extends residence‑document validity for third‑country nationals stranded abroad amid Middle East disruption

Cyprus extends residence‑document validity for third‑country nationals stranded abroad amid Middle East disruption

Cyprus has introduced temporary measures to assist third‑country nationals who are unable to return to the Republic due to widespread flight disruptions caused by the escalating situation in the Middle East, the Deputy Ministry of Migration and International Protection has confirmed. The ministry said the validity of residence documents for affected individuals abroad will be […]

13.03.2026 17:00
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Cyprus mortgage rates rise but stay below EU average
Kıbrıs Cyprus Mail

Cyprus mortgage rates rise but stay below EU average

Interest rates for new housing loans in Cyprus rose to a peak of 3.41 per cent in January, up from 3.25 per cent during the previous month, though borrowing costs on the island remain lower than the eurozone average. At the same time, the lowest interest rate for household housing loans stood at 2.50 per […]

13.03.2026 16:58
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Akrotiri schools to reopen on Monday
Kıbrıs Cyprus Mail

Akrotiri schools to reopen on Monday

The nursery school and primary school in the village of Akrotiri, as well as the village’s environmental education centre will reopen on Monday, the education ministry confirmed on Friday. All three locations have remained closed since the adjacent British air force base was hit by an Iranian-made drone in the early hours of March 2, […]

13.03.2026 16:40
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US officials flown from Erbil to Cyprus’ Akrotiri base
Kıbrıs Cyprus Mail

US officials flown from Erbil to Cyprus’ Akrotiri base

United States officials were flown from the Harir airbase near the Iraqi city of Erbil to the United Kingdom’s Akrotiri airbase in Cyprus, the Cyprus Mail has been informed, though it is not clear whether they remain there. A spokesperson for the British defence ministry said that the US officials, some of whom were consular […]

13.03.2026 16:36
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European commissioner affirms to president need for FMD protocol
Kıbrıs Cyprus Mail

European commissioner affirms to president need for FMD protocol

President Nikos Christodoulides met European animal health commissioner Oliver Varhelyi at the presidential palace on Friday as authorities pressed for the full implementation of strict containment measures to bring Cyprus’ foot and mouth disease outbreak under control. Following talks with the president, ministers and agricultural stakeholders, the commissioner said strict adherence to EU protocols remained […]

13.03.2026 16:27
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Teen arrested over knife-point robbery in Ayia Napa
Kıbrıs Cyprus Mail

Teen arrested over knife-point robbery in Ayia Napa

A 17-year-old was arrested on Thursday on suspicion of robbery after allegedly stealing a wallet, police said on Friday. According to police, the incident occurred at around 8pm on Wednesday, when the teenager threatened a 20-year-old man sitting on a bench in Ayia Napa with a knife and robbed him of his wallet. Subsequent investigations […]

13.03.2026 16:22
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HIG Capital Unit finances Armira’s acquisition of Dutch senior tour operator Viabus
Kıbrıs Cyprus Mail

HIG Capital Unit finances Armira’s acquisition of Dutch senior tour operator Viabus

H.I.G. WhiteHorse, the credit affiliate of HIG Capital, has provided first-lien, senior-secured financing to back the acquisition of Viabus B.V. by German investment firm Armira, in a deal that underlines sustained private capital interest in Europe’s senior leisure travel market. Announced Feb. 25, 2026, the transaction gives Armira a controlling stake in Viabus, the Netherlands’ […]

13.03.2026 16:15
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EAC employees announce three-hour work stoppage
Kıbrıs Cyprus Mail

EAC employees announce three-hour work stoppage

Employees of the Electricity authority of Cyprus (EAC) have announced a three-hour work stoppage on March 18, from 8am to 11am, to protest what they described as “serious problems” that remain unresolved while the state focuses on “imaginative and unfounded proposals”. In a statement on Friday, their trade unions warned that if solutions were not […]

13.03.2026 16:03
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Top 7 oversized military T-shirts for relaxed fit
Kıbrıs Cyprus Mail

Top 7 oversized military T-shirts for relaxed fit

When your favorite T shirt becomes tight at the shoulders, hard around the neck, or unfit after several hours of action, it is understandably annoying. For this reason, most men desire a loose shirt that is not too loose but rather functional, especially when they are moving, exercising, or have long days in the field. […]

13.03.2026 16:02
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Cyprus tech sector attracts over €2.5 billion in new foreign capital
Kıbrıs Cyprus Mail

Cyprus tech sector attracts over €2.5 billion in new foreign capital

Invest Cyprus on Friday presented the results and actions for 2024 and 2025 during its annual general meeting, highlighting the strengthening of Cyprus’ international investment position and the growing contribution of foreign investors to the national economy. The organisation said the results confirm the significant contribution of foreign direct investment to Cyprus’ economic development and […]

13.03.2026 15:42
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Iran’s new supreme leader wounded, likely disfigured, US says
Kıbrıs Cyprus Mail

Iran’s new supreme leader wounded, likely disfigured, US says

Iran’s new Supreme Leader Mojtaba Khamenei is wounded and likely disfigured, U.S. Defense Secretary Pete Hegseth said on Friday, questioning Khamenei’s ability to govern after nearly two weeks of U.S. and Israeli attacks on Iran. No images have been released of Khamenei since an Israeli strike at the start of the war that killed much […]

13.03.2026 15:33
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Cyprus ‘safe for sports events’
Kıbrıs Cyprus Mail

Cyprus ‘safe for sports events’

Cyprus is “one of the safest countries for sports events”, head of the European Athletics president Dobromir Karamarinov said on Friday, following a meeting in Nicosia with President Nikos Christodoulides. The meeting took place on the occasion of the 25th European Throwing Cup to be held for the second year in succession in Nicosia over […]

13.03.2026 15:32
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UK economy ground to halt even before Iran war energy shock
Kıbrıs Cyprus Mail

UK economy ground to halt even before Iran war energy shock

Britain’s economy stagnated unexpectedly in January after weak growth in the preceding months, according to official data, which showed a loss of momentum even before the war in Iran that is likely to be a further drag. Gross domestic product has been essentially flat since June, the figures from the Office for National Statistics showed […]

13.03.2026 15:29
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Limassol container terminal operator partners with science research centre
Kıbrıs Cyprus Mail

Limassol container terminal operator partners with science research centre

Eurogate Container Terminal Limassol (ECTL) and the Eratosthenes Centre of Excellence of the Cyprus University of Technology have signed a memorandum of cooperation aimed at strengthening collaboration and developing joint initiatives. According to an announcement released on Friday, the agreement was signed as part of the EXCELSIOR Space Industry Day event, organised by the Eratosthenes […]

13.03.2026 15:23
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Civil defence chief left job ‘for administrative reasons’
Kıbrıs Cyprus Mail

Civil defence chief left job ‘for administrative reasons’

The now former civil defence chief Maria Papa left her post and took up a position at the audit office for purely administrative reasons, the Cyprus News Agency quoted sources as having said on Friday. The sources said that her secondment was “not a last-minute development”, but instead, “something which had been underway for days”, […]

13.03.2026 15:20
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Paphos plans public fire safety awareness event for fire safety week
Kıbrıs Cyprus Mail

Paphos plans public fire safety awareness event for fire safety week

Awareness and information activities on fire prevention and safety were discussed during a meeting on Friday between the Paphos municipality and members of the fire brigade in Paphos. The meeting focused on coordinating a public event to be held as part of fire safety week 2026, scheduled for April 20 to 26. Acting Paphos mayor […]

13.03.2026 15:14
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