Kıbrıs Cyprus Mail

Greek and Cypriot banks valued on growth and capital returns

European investment banking and asset management group Wood & Company this week published an analysis of Greek and Cypriot banks, focusing on valuation, profitability and shareholder distributions. The report, whose findigns were shared by Greek business outlet Newmoney, argued that the market has begun to value Greek banks for their recurring profitability and sustained capital […]

16.05.2026 09:30

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Kıbrıs Cyprus Mail

Paphos farmers call off water protest

Paphos farmers have called off Monday’s planned protest over water shortages following an intervention by Agriculture Minister Maria Panayiotou. According to the organisers of the protest, the minister contacted them personally and arranged a meeting next week to discuss the farmers’ complaints over the quantities of irrigation water they are due to receive this year. […]

16.05.2026 09:21

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Kıbrıs Cyprus Mail

Eurovision Song Contest final takes the stage amid Gaza boycott

The Eurovision Song Contest’s final takes place in Vienna on Saturday, with the organisers hoping the annual show of glitz and Europop will be a success despite five countries’ withdrawal over Israel taking part. The run-up to the event – a kitsch and usually good-natured competition between pop acts from countries across Europe and beyond, […]

16.05.2026 09:03

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Kıbrıs Cyprus Mail

Cyprus Business Now: BoC, XM, property, single market, competitiveness, CySEC

The Bank of Cyprus (BoC) held its annual general meeting on Friday, bringing together shareholders to review a year marked by strong financial performance, rising dividends, and continued strategic investment in digital banking, while also assessing a global environment increasingly shaped by geopolitical instability. Bank of Cyprus shareholders approved all resolutions, re-elected the management team […]

16.05.2026 09:02

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Kıbrıs Cyprus Mail

Trump says Isis second-in-command Abu-Bilal al-Minuki killed by US and Nigerian forces

US President Donald Trump said on Friday that Abu-Bilal al-Minuki, second in command of ISIS globally, was killed in an operation conducted by US and Nigerian forces. “Tonight, at my direction, brave American forces and the Armed Forces of Nigeria flawlessly executed a meticulously planned and very complex mission to eliminate the most active terrorist […]

16.05.2026 08:58

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Kıbrıs Cyprus Mail

Energy and transport sectors drive surge in European carbon output

The European Union recorded an increase in greenhouse gas emissions during the fourth quarter of 2025, with figures reaching 839 million tonnes of CO2-equivalents, according to Eurostat. Specifically, Eurostat reported a 0.9 per cent rise in emissions compared to the third quarter of the same year, when the total stood at 832 million tonnes. This […]

16.05.2026 08:00

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Kıbrıs Cyprus Mail

Cyprus businesses to explore air mobility and drone regulation

The Cyprus Chamber of Commerce and Industry announced this week that it will host a specialised seminar in Nicosia to help local companies unlock business opportunities through the strategic use of drone technologies. Scheduled for May 28, 2026, the event will take place between 10:00 and 13:00 at the chamber’s headquarters on the first floor […]

16.05.2026 07:30

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Kıbrıs Cyprus Mail

Brussels moves to end fragmented booking systems for European rail

The European Commission recently adopted three legislative proposals aimed at creating a seamless travel experience by simplifying the booking process for long-distance and cross-border rail journeys. These measures deliver on the political guidelines set out by Ursula von der Leyen, the President of the European Commission, to address the technical and market barriers that currently […]

16.05.2026 07:00

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Kıbrıs Cyprus Mail

Mandatory AI screening proposed as prerequisite for lucrative US contracts

The Trump administration should screen cutting-edge artificial intelligence models for security threats before they ​are publicly released and withhold lucrative government ‌contracts from those that fail review, an advocacy group told US officials this week. The White House is grappling with the ​implications of Anthropic’s Mythos, which could make complex ​cyberattacks easier and quicker to […]

16.05.2026 06:30

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Kıbrıs Cyprus Mail

Experts warn plastic pollution in Mediterranean is putting sea turtles at risk

Plastic pollution in the Mediterranean is having a severe impact on marine life, with sea turtles frequently ingesting plastic waste, experts have warned on Friday. According to data collected by the CRAM Foundation, a marine conservation organisation based in Barcelona, 98 sea turtles were treated last year, most of which had ingested plastic. Analyses of […]

16.05.2026 04:24

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Kıbrıs Cyprus Mail

Our View: You can’t rebrand away Cyprus’ problems

The government has announced that the cabinet has been briefed on a comprehensive strategic plan designed to strengthen the international image of Cyprus. The initiative is titled ‘Stability with Perspective: A European Base with Global Reach’ and represents a coordinated effort between the government and Invest Cyprus to create a modern and outward-looking national identity. […]

16.05.2026 04:20

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Kıbrıs Cyprus Mail

Customs report up to 300 smuggling violations a month at crossing points

Customs officials reported that around 300 smuggling and illicit trade violations occur each month at crossing points between the government-controlled areas and the north. The figures were outlined on Friday by the customs department spokesperson George Constantinou speaking to Sigma TV, who said the crossings have remained a focal point for enforcement since their opening […]

15.05.2026 22:46

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Kıbrıs Cyprus Mail

Fire brigade responds to apartment blaze in Latsia as residents evacuated

The fire brigade was deployed on Friday evening after a blaze broke out in an apartment in the Latsia area of Nicosia, prompting the evacuation of residents from the building. Members of the fire brigade and police officers were mobilised to the scene following reports of smoke and flames emerging from a residential apartment block. […]

15.05.2026 22:35

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Kıbrıs Cyprus Mail

Zelenskyy vows vengence after Russian strike kills 24 civilians

Ukrainian President Volodymyr Zelenskyy vowed retaliation against Russia on Friday after laying red roses at the ruins of a Kyiv apartment block destroyed in a missile strike that killed 24 people, including three children. The strike, described by Ukrainian officials as part of the heaviest bombardment of the capital this year, hit a residential building […]

15.05.2026 22:23

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Kıbrıs Cyprus Mail

Israel and Lebanon agree to extend ceasefire by 45 days

Israel and Lebanon have agreed to a 45-day extension of a ceasefire that President Donald Trump declared on April 16, the US State Department said on Friday. “The April 16 cessation of hostilities will be extended by 45 days to enable further progress,” State Department spokesman Tommy Piggott said. The State Department cast Israel-Lebanon talks […]

15.05.2026 21:34

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Kıbrıs Cyprus Mail

Police issue wanted appeal for 26-year-old in Famagusta

Famagusta police issued a wanted notice on Friday for a 26-year-old man in connection with an investigation into serious criminal offences allegedly committed over a three-year period. Authorities identified the suspect as Abdalarhman Esaifan, a Palestinian national, who is being sought to assist investigations relating to offences allegedly committed on unspecified dates between 2023 and […]

15.05.2026 21:31

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Kıbrıs Cyprus Mail

Foreign missions in Cyprus warn of global rollback in LGBT rights

Diplomatic missions in Cyprus issued a joint statement on Friday warning of what they described as a global rollback of LGBT rights, while urging Cyprus to move forward with a national equality strategy during its EU council presidency. The statement was released by the Cyprus chapter of Diplomats for Equality ahead of the International Day […]

15.05.2026 21:21

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Kıbrıs Cyprus Mail

Fidias accuses Christodoulides of ‘electoral interference’

Direct Democracy of Cyprus leader Fidias Panayiotou accused President Nikos Christodoulides of indirectly intervening in the parliamentary election campaign through recent public remarks. Panayiotou published a video response on social media on Friday criticising comments made by the president during an interview with Alpha TV regarding the elections and the future composition of the national […]

15.05.2026 21:07

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Kıbrıs Cyprus Mail

Tree planting initiative takes places at Pournara migrant centre

A total of 115 trees were planted on Friday at the Pournara migrant reception centre in a joint environmental initiative led by the deputy migration ministry. The action was carried out in collaboration with the non-profit organisation Reforest Nicosia and involved residents of the centre, staff, and representatives from partner organisations including EUAA, Frontex, UNHCR […]

15.05.2026 20:57

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Kıbrıs Cyprus Mail

Turkey preparing EEZ legislation with direct implications for Cyprus

Reports on Friday affirm that Turkey is preparing legislation that would grant President Recep Tayyip Erdogan authority to declare an exclusive economic zone (EEZ) extending up to 200 nautical miles from the Anatolian coast, including in areas of the Levant disputed by both Cyprus and Greece. According to Bloomberg, the draft bill being prepared by […]

15.05.2026 20:46

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Kıbrıs Cyprus Mail

Serbian police commander arrested over alleged murder coverup

The commander of the Belgrade Police Directorate, Veselin Milic, was arrested on Friday on suspicion of concealing a murder and assisting in the disposal of a victim’s body, according to reports in the Serbian media citing sources within the interior ministry. Authorities also arrested an additional suspect, who is accused of carrying out the killing, […]

15.05.2026 20:26

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Kıbrıs Cyprus Mail

Cypriot navy special forces complete training at Mari ceremony

Defence Minister Vasilis Palmas said Cyprus remains committed to strengthening its role in regional security during a graduation ceremony for members of the national guard’s naval special forces at the Evangelos Florakis naval base in Mari. The ceremony, held on Friday, marked the completion of training for the 86th school of underwater demolition team (Oyk), […]

15.05.2026 20:21

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Kıbrıs Cyprus Mail

Cypriot sailor Lappa heads to Portugal for European Championship

Cypriot sailor Natasa Lappa will compete on Friday in the iQFOiL European Championship in Portimao, Portugal, following the strongest international result of her career earlier this year. The championship, hosted by Clube Naval de Portimao, will feature around 200 athletes from more than 40 countries. Racing is scheduled to begin on Monday and conclude on […]

15.05.2026 20:19

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Kıbrıs Cyprus Mail

Netanyahu says Israel now controls 60 per cent of Gaza Strip

Israeli Prime Minister Benjamin Netanyahu said on Friday that Israeli forces now control 60 per cent of the Gaza Strip, marking the first official confirmation of an expansion in territory held by Israel inside the Palestinian enclave. Speaking during events marking “Jerusalem Day”, Netanyahu said Israel had maintained its military positions despite international pressure during […]

15.05.2026 20:15

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