Kıbrıs Cyprus Mail

Cabinet delayed a day after Papadopoulos ‘demands meeting’ over possible reshuffle

A letter sent by Diko leader Nicholas Papadopoulos to President Nikos Christodoulides demanding a meeting over the prospect of a forthcoming cabinet reshuffle was the reason behind the government’s decision to postpone Wednesday’s cabinet meeting by a day, according to reports. The government had announced on Tuesday afternoon that instead of its regularly scheduled Wednesday […]

01.07.2026 10:17

19 0

Kıbrıs Cyprus Mail

CITEA president says AI is central to future business success

The 5th Digital Cyprus Conference 2026 was successfully held this week in Nicosia, bringing together senior business executives, government representatives, technology professionals and internationally renowned speakers.  Organised by the Cyprus Information Technology Enterprises Association (CITEA) and IMH, this year’s conference focused on the transformation of the modern business environment through artificial intelligence and digital technologies, which are creating new growth opportunities

01.07.2026 10:05

22 0

Kıbrıs Cyprus Mail

Open-air cinema brings German films to the garden

The Goethe-Institut in Nicosia opens up its garden this summer to present Sommerkino: Between Waves. For the seventh consecutive year, it will screen a selection of films from Germany, between July 6 and 10. Following the introduction of a theme in the previous edition of Sommerkino, this year’s series is dedicated to water. With lounge chairs, […]

01.07.2026 09:56

18 0

Kıbrıs Cyprus Mail

CSE honours top economics student at University of Cyprus

The Cyprus Stock Exchange (CSE) on Wednesday announced that it recently presented its annual academic excellence award to the top-performing economics student at the University of Cyprus, continuing a long-standing initiative promoting educational achievement and recognising outstanding academic performance. The award was presented as part of the organisation’s broader contribution to society and its corporate […]

01.07.2026 09:33

10 0

Kıbrıs Cyprus Mail

Turkey’s Fidan, EU commissioners, offer joint support for UN Cyprus initiative

Turkish Foreign Minister Hakan Fidan and three members of the European Union’s college of commissioners late on Wednesday night offered their joint support for the “new initiative” being undertaken by United Nations Secretary-General Antonio Guterres with the aim of bringing about a resumption of talks on the Cyprus problem. The joint statement was signed by […]

01.07.2026 09:03

10 0

Kıbrıs Cyprus Mail

Between silence and shouts, rescuers dig for Venezuela twin quake survivors

More than 100 people stood silently on Tuesday in the road alongside what used to be the Los Cocos public housing complex in Venezuela’s La Guaira state. For 10 minutes, interrupted only by the occasional cellphone ring or shout from a rescuer, people strained their ears for any sound of survivors of the twin earthquakes […]

01.07.2026 08:39

9 0

Kıbrıs Cyprus Mail

Man in critical condition after being run over

A 58-year-old man is in a critical condition at the Nicosia district hospital after being run over while walking on a road in the Troodos mountain village of Orounda, the police said on Wednesday. The incident took place at around 9.15pm on Tuesday, with the man being hit by a car which was being driven […]

01.07.2026 08:35

9 0

Kıbrıs Cyprus Mail

Iran says it won’t meet with U.S. envoys, clouding prospects for peace deal

Iran said it would not meet with top U.S. envoys who flew to the region following an outbreak of hostilities, clouding the prospects for a lasting peace between the two countries. Iranian officials also said the two sides must still sort out the terms of a ceasefire they signed two weeks ago before they could […]

01.07.2026 08:32

10 0

Kıbrıs Cyprus Mail

Today’s weather: Temperatures still on the up with summer in full swing

Wednesday’s weather is expected to be sunny across the island, with temperatures set to rise to a high of 39 degrees Celsius inland, 29 degrees Celsius on the west coast, 33 degrees Celsius on the rest of the coasts, and 28 degrees Celsius in the mountains. Overnight, the skies will remain largely clear, though light […]

01.07.2026 08:23

9 0

Kıbrıs Cyprus Mail

Eurobank unveils €1bn plan to reshape digital banking

Eurobank says 96 per cent of transactions are now digital Eurobank this week presented its new Banking Forward strategy in Athens, outlining a €1 billion technology investment programme alongside a broad digital banking transformation centred on artificial intelligence (AI), mobile banking and redesigned customer journeys for both retail and business clients. The event took place […]

01.07.2026 08:18

9 0

Kıbrıs Cyprus Mail

The evolution of Annabelle Hotel rests on authenticity, heritage and a sense of belonging

An interview with Annabelle Hotel General Manager Razvan Bordea 1. Annabelle has long been considered one of Cyprus’ most iconic hotels, beloved by generations of guests. How do you preserve the timeless character that people associate with Annabelle while continuing to evolve for today’s luxury traveller? For me, preserving Annabelle’s character is not about keeping […]

01.07.2026 08:07

9 0

Kıbrıs Cyprus Mail

Trump reports $1.4 Billion in crypto income as digital assets become top wealth source

President Donald Trump reported more than $1.4 billion in income from his family’s crypto ventures last year, showing how Trump now derives most of his income from digital assets that have benefited from his policies, according to a review of his latest financial disclosures on Tuesday. The filings, his annual disclosure for 2025 with the […]

01.07.2026 08:04

10 0

Kıbrıs Cyprus Mail

Loans managed outside Cyprus banking system rise by €256 million

The value of loans managed outside Cyprus’ banking system increased by €256 million during the first quarter of 2026, according to figures released this week by the Central Bank of Cyprus (CBC), with growth driven primarily by higher household and business loan balances. The CBC said the contractual balance of all loans managed by Credit […]

01.07.2026 08:00

8 0

Kıbrıs Cyprus Mail

Mexico end knockout hoodoo with win over Ecuador to reach World Cup last 16

Mexico ended a 40-year wait for a World Cup knockout victory as first-half goals from Julian Quinones and Raul Jimenez secured a 2-0 win over Ecuador on Tuesday, sending the co-hosts into the last 16 amid euphoric scenes at a rocking Azteca Stadium. The round of 32 victory was Mexico’s first in the knockout stages […]

01.07.2026 07:53

10 0

Kıbrıs Cyprus Mail

Cyprus industrial output prices climb by 2.5 per cent in May

The Cyprus Statistical Service (Cystat) reported this week that the Index of Industrial Output Prices for May 2026 reached 125.7 units, marking a 3.0 per cent increase compared to April 2026. When measured against the same month of the previous year, the index recorded an annual increase of 2.5 per cent. For the period covering […]

01.07.2026 07:40

11 0

Kıbrıs Cyprus Mail

Cyprus Business Now: energy, surplus, housing, CSE, tourism, shipping, banking

Cyprus tourism showed signs of stabilisation in official figures for May and June, Deputy Minister of Tourism Kostas Koumis told parliament on Tuesday during a House Trade Committee session examining the impact of Middle East tensions on the sector. The committee discussed the effects of the volatile regional situation on Cyprus’ tourism industry and possible support measures for affected […]

01.07.2026 07:30

9 0

Kıbrıs Cyprus Mail

Food prices squeeze Cyprus households again

Food prices in Cyprus are once again rising faster than wider inflation, adding fresh pressure to household purchasing power, according to a report by Trojan Economics, a Cyprus-based firm specialising in competition economics. The report, written by the firm’s director Panayiotis Agisilaou and partner Stavros Efthymiou, said that public debate around the cost of living […]

01.07.2026 07:00

12 0

Kıbrıs Cyprus Mail

Logicom expects stable operating profit despite regional tensions

Logicom Public Ltd announced this week that it expects a marginal reduction in turnover for the first half of 2026 compared to the same period in 2025. The company attributed this decline primarily to the ongoing military conflict in the Gulf region. This geopolitical tension has exerted a negative influence on the broader business environment […]

01.07.2026 06:52

9 0

Kıbrıs Cyprus Mail

Moody’s says Greek banks can manage costs from new loan legislation

Rating agency Moody’s has estimated that while the impact of recent legislative intervention regarding loans under the Katseli law is not negligible for Greek banks, the associated costs remain manageable due to their robust capital position and significantly improved profitability in recent years. In its report, whose findings were shared by Greek business outlet Newmoney, […]

01.07.2026 06:50

10 0

Kıbrıs Cyprus Mail

Rodon Hotel operator warns of reduced profits for first half of 2026

Agros Development Company Proodos Public Ltd announced this week that it expects a significant divergence in its financial performance for the first half of the year compared to the same period in 2025. Based on unaudited financial data for the period spanning January 1, 2026, to June 30, 2026, the company anticipates a reduction in […]

01.07.2026 06:40

10 0

Kıbrıs Cyprus Mail

Private sector deposits in Greece surge during May

Private sector deposits in Greece witnessed a substantial increase of €5.31 billion during May 2026, marking a complete reversal from the €66 million decline recorded in April, according to the latest figures released by the Bank of Greece. This surge in liquidity was accompanied by a rise in the annual growth rate of total financing […]

01.07.2026 06:30

9 0

Kıbrıs Cyprus Mail

Air cargo demand rises 6 per cent in May despite Middle East disruption

Global air cargo demand rose 6 per cent year-on-year in May, supported by stronger trade and manufacturing activity, although disruption linked to the war in the Middle East continued to weigh heavily on carriers in the region, according to the International Air Transport Association (IATA). Total demand, measured in cargo tonne-kilometres (CTK), increased by 6 per cent compared with […]

01.07.2026 06:10

10 0

Kıbrıs Cyprus Mail

A vicious cycle: How climate change triggers chain reactions of disasters in the Mediterranean

By Terra Cypria staff The Mediterranean has long been associated with mild winters, dry summers, and landscapes that have learned to coexist with fire. Wildfires are not foreign to Mediterranean ecosystems; on the contrary, they are part of a natural regeneration process to which vegetation has evolved to adapt and recover. Characteristic species such as […]

01.07.2026 04:24

11 0

Kıbrıs Cyprus Mail

Our View: Farcical Aglandjia by-election a waste of public funds

The election of deputy mayor Aglandjia was the farce everyone expected. It is no wonder that it recorded what is probably the lowest ever turnout for any election at 27.73 per cent. In numbers, of the 15,182 registered voters, only 4,210 showed up to vote, and the newly-elected deputy mayor, Andri Hadjiandreou took 2,309 votes […]

01.07.2026 04:20

12 0