Kıbrıs Cyprus Mail

Accountant and clerk arrested in Limassol over embezzlement of €338,000

Limassol police have arrested two individuals in connection with separate cases of alleged theft by an employee, involving a combined amount exceeding €338,000. According to police reports issued on Saturday, the first case concerns a 61-year-old woman employed as an accountant at a private company in Limassol. Following a complaint filed by a company executive, […]

21.02.2026 10:44

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Kıbrıs Cyprus Mail

Police probe gang attack on driver in Erimi

Limassol police are investigating an alleged attack on a 31-year-old driver who reported being targeted by a group in Erimi on Friday night. According to a police statement issued on Saturday, the man alleges the incident occurred after he inadvertently drove into a dead end, where upon he encountered a group of “hooded youths”. He […]

21.02.2026 10:34

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Kıbrıs Cyprus Mail

AI film school trains next generation of Hollywood moviemakers

Laid-off and sidelined by last year’s production slowdown, Hollywood visual‑effects veteran Michael Eng discovered a gap in his resume while perusing job listings in Los Angeles — experience in machine learning. Eng turned to Curious Refuge, an online school teaching filmmaking powered by artificial intelligence, in a bid to reinvent his career amid the industry’s […]

21.02.2026 10:30

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Kıbrıs Cyprus Mail

Seven arrested as police step up overnight operations

Seven individuals were arrested nationwide during overnight police operations aimed at preventing serious crime. According to police statements issued on Saturday, organised patrols were carried out across Nicosia, Limassol and Paphos. The arrests involved a range of offences, including theft, fraud, and driving under the influence of alcohol. As part of the operations, officers stopped […]

21.02.2026 10:25

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Kıbrıs Cyprus Mail

Unsettled weather forecast for Carnival weekend and Green Monday

Weather conditions will be generally fair at first, before turning more unsettled later in the day, according to met office reports issued on Saturday. Skies will be mostly clear in the morning, becoming partly cloudy by midday. Isolated rain is expected during the afternoon, mainly affecting Troodos, and the Kyrenian range. Temperatures will rise to […]

21.02.2026 10:16

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Kıbrıs Cyprus Mail

Get crafty for women’s day

Women’s Day is just around the corner, and the first events dedicated to the international day celebrating womanhood have started to appear. All aim to honour women and girls, worldwide, their work, achievements, rights and creativity. This upcoming event in downtown Nicosia has a community focus and gathers people together for a day of creativity, […]

21.02.2026 10:00

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Kıbrıs Cyprus Mail

Cyprus Business Now: Cyta, CSE bill, Finance Minister, air connectivity, WTO

Cyprus business & economy wrap-up from the day before Cyta chief operating officer Nicos Stylianou on Friday outlined the organisation’s True Value assessment and its broader contribution to the Cypriot economy and society. “With True Value we sought to see this overall picture clearly and to capture with data how our activity translates into real […]

21.02.2026 09:02

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Kıbrıs Cyprus Mail

Safe Bulkers posts $38.6m annual profit despite market volatility

Cyprus-linked shipping company Safe Bulkers reported resilient profitability and stronger liquidity in 2025, navigating a volatile dry bulk market shaped by geopolitical disruption and shifting trade flows. NYSE-listed company, controlled by the interests of Polys Hajioannou, posted net income of $38.6 million for the year, compared with $97.4m in 2024, while maintaining what management described […]

21.02.2026 08:00

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Kıbrıs Cyprus Mail

Trump pivots to new 10% global tariff, new probes after Supreme Court loss

President Donald Trump moved swiftly on Friday to replace tariffs struck down by the Supreme Court with a temporary 10% global import duty for 150 days and ordered new investigations under other laws that could allow him to re-impose the tariffs. Trump signed executive orders late on Friday to impose new tariffs starting on Tuesday […]

21.02.2026 07:33

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Kıbrıs Cyprus Mail

Keve targets business efficiency with upcoming digital office workshop

The Cyprus Chamber of Commerce and Industry (Keve) has announced that it will host a seminar titled Digital tools and office organisation on March 18, 2026, at the chamber’s headquarters in Nicosia. The event will focus on the importance of effective office organisation as a critical factor for business success. Organisers underlined that “proper organisation […]

21.02.2026 07:30

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Kıbrıs Cyprus Mail

Tech giant Microsoft targets ‘AI divide’ with $50bn investment pledge

Microsoft has said that it is on pace to invest $50 billion by the end of the decade to help expand AI to countries across the ‘Global South’. The announcement was made at the AI summit in New Delhi, where top executives from global AI giants meet several world leaders this week. The ‘Global South’ […]

21.02.2026 07:10

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Kıbrıs Cyprus Mail

New banking guidelines ease risk weight rules for smaller firms

The European Banking Authority (EBA) has published its final guidelines on proportionate retail diversification methods under the Capital Requirements Regulation. The guidelines establish a harmonised framework for assessing retail portfolio diversification, while ensuring a proportionate application for smaller institutions. Under the new framework, institutions seeking to benefit from the preferential 75 per cent risk weight […]

21.02.2026 06:30

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Kıbrıs Cyprus Mail

Municipalities pledge tighter oversight of Easter bonfires

With Easter approaching, stricter controls will be imposed on the lighting of lambradjies (Easter bonfires), while the tradition itself will be respected, chairman of the Union of Municipalities Andreas Vyras said on Friday. “We are talking about a phenomenon that in previous years was accompanied by delinquent behaviour that has nothing to do with our […]

21.02.2026 04:24

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Kıbrıs Cyprus Mail

Our View: Gesy’s billions demand real accountability

The budget of the HIO (Health Insurance Organisation), which administers Gesy, will exceed €2 billion this year. It was unanimously approved by the House on Thursday, although it sparked some minor critical comments about the way it was expanding. The HIO budget had more than doubled in the space of about 10 years, said Edek […]

21.02.2026 04:20

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Kıbrıs Cyprus Mail

Iran prepares counterproposal as Trump weighs strikes

Iran’s foreign minister said on Friday he expected to have a draft counterproposal ready within days following nuclear talks with the United States this week, while U.S. President Donald Trump said he was considering limited military strikes. Two U.S. officials told Reuters that U.S. military planning on Iran had reached an advanced stage, with options […]

21.02.2026 01:40

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Kıbrıs Famagusta Gazette

Cyprus President to Meet Trade Unions on Feb. 25

President Nikos Christodoulides will meet with Cyprus’ major trade unions next Wednesday, Feb. 25, after accepting a request submitted by SEK, PEO and DEOK. SEK Secretary‑General Andreas Matsas told CNA that the unions’ letter outlined four issues they want discussed: improving the minimum wage and its hourly calculation, extending collective agreements in line with the […]

20.02.2026 23:45

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Kıbrıs Cyprus Mail

‘Govt’ accused of treating north like ‘spoils of war’ over fibreoptic internet deal

The north’s ruling coalition was accused by opposition political party CTP ‘MP’ Erkut Sahali on Friday of treating the island’s northern third like “the spoils of war” as the debate over a controversial deal which will, if implemented, bring fibreoptic internet to the north, rolls on. “This group which forms the government sees this country […]

20.02.2026 22:38

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Kıbrıs Famagusta Gazette

February Rainfall Reaches 81% of Normal Levels, Meteorology Department Says

Rainfall across Cyprus reached 81% of the normal monthly average for February, according to figures released by the Meteorology Department. In the past 24 hours, Platania recorded 22.4 millimeters of rain, bringing the month’s average total to 65.8 millimeters. Prodromos saw the highest rainfall, with 189.3 millimeters — equal to 130% of the area’s typical […]

20.02.2026 21:00

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Kıbrıs Cyprus Mail

EU economy has ‘lost almost €300bn’ due to lack of Mercosur trade deal

The European Union’s economy has lost hundreds of billions of euros due to the bloc’s failure to ratify a trade deal with South American trade bloc Mercosur, European Trade Commissioner Maros Sefcovic said in Nicosia on Friday. “We have lost almost €300 billion because we do not have an agreement in place with Mercosur,” he […]

20.02.2026 20:03

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Kıbrıs Cyprus Mail

Panayiotou tells schoolchildren of ‘necessity’ of European Green Deal

Agriculture Minister Maria Panayiotou on Friday told schoolchildren of the “necessity” of the European Green Deal, saying during a visit to the Latsia high school in the eponymous Nicosia suburb that the progression of environmental policies is “not just an option”. Her ministry said of the visit that she had “praised the role of education […]

20.02.2026 18:48

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Kıbrıs Famagusta Gazette

Cyprus President Reaffirms Commitment to Restarting Peace Talks

President Nikos Christodoulides reiterated his commitment to creating conditions for the resumption of negotiations on the Cyprus issue, saying he remains focused on the goal and hopes that “through an honest dialogue” the groundwork can be laid for talks to restart. Speaking before an event, Christodoulides was asked to comment on remarks by Turkish Cypriot […]

20.02.2026 18:45

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Kıbrıs Cyprus Mail

New Cuban ambassador praises ‘solidarity and hospitality’ of Cypriots

Cuba’s new ambassador in Nicosia Ruben Pino Martinez on Friday praised the “solidarity and hospitality” shown by Cypriots to his country. “For years, Cuba has known how to appreciate the clear solidarity and hospitality of Cypriots in multiple situations, appreciating this mutual respect and admiration for Cyprus,” he said after presenting his credentials to President […]

20.02.2026 18:40

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Kıbrıs Cyprus Mail

Missed Shiba Inu (SHIB)? Here’s the best crypto to buy before it explodes

If you watched Shiba Inu (SHIB) rally and found yourself wishing you’d gotten in earlier, you’re not alone. Many investors now look for the next opportunity with similar explosive potential but rooted in deeper utility and fundamentals.  Enter Mutuum Finance (MUTM), a rising DeFi project gaining momentum at an early price point. With growing interest […]

20.02.2026 18:10

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Kıbrıs Cyprus Mail

Spain ‘deeply concerned’ about division of Cyprus, new ambassador says

Spain is “deeply concerned” about the ongoing division of Cyprus, the country’s new ambassador in Nicosia Mercedes Alonso Frayle said on Friday. “As a close friend of Cyprus, Spain is deeply concerned about the division of the island since the military intervention of 1974 and the painful consequences of this division for both communities,” she […]

20.02.2026 17:58

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