Kıbrıs Cyprus Mail

Consumers association questions justification behind Cyprus fuel price rises

The cost of filling a 1,000-litre heating oil tank in Cyprus has risen by almost €500 since March, prompting fresh questions over whether retail fuel prices are being properly monitored.  The consumers association stated that it accepts that turmoil in the Middle East has pushed international energy costs higher. Its concern, it explained, is whether those […]

13.08.2026 13:25

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Kıbrıs Cyprus Mail

Cyprus bank asset quality outperforms EU average as NPL ratio holds steady

Cyprus banks’ non-performing loan ratio remained at 1.6 per cent at the end of May 2026, according to the Central Bank of Cyprus (CBC), leaving the sector’s asset quality significantly better than the EU-wide average recorded two months earlier. The CBC reported that its updated aggregate banking sector data showed the NPL ratio was unchanged […]

13.08.2026 13:21

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Kıbrıs Cyprus Mail

Akamas to sink artificial reef off Coral Bay to mitigate erosion

Akamas municipality is preparing to install an artificial reef off Coral Bay in an effort to reduce coastal erosion, with work on the €280,000 pilot project expected to begin following a tender process announced on Thursday. The project will involve placing some 220 concrete structures on the seabed 130 metres from the shore. The reef […]

13.08.2026 13:00

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Kıbrıs Cyprus Mail

Cyprus industrial production contracts as EU registers modest growth

Cyprus recorded a 1.3 per cent drop in industrial output in June 2026, contrasting with stable production across the broader euro area, according to a report from Eurostat. The statistical office of the European Union reported that seasonally adjusted industrial output remained flat across the eurozone while edging up by 0.2 per cent across the […]

13.08.2026 13:00

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Kıbrıs Cyprus Mail

Media website challenges Isotita to prove ‘paid publication’ accusations

Media website ink.com has called on police union Isotita to explain who exactly has been “paying” the site to post information as the trade union had claimed, otherwise the case will take its legal course. Isotita had said an “anonymous article” had appeared on Ink under the title “Isotita trade union and Caesar’s wife” and […]

13.08.2026 12:49

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Kıbrıs Cyprus Mail

Cyprus Cycling Federation head meets with Italy Ambassador to discuss closer sports ties

The President of the Cyprus Cycling Federation (KOPO) Giorgos Georgiou met recently with Italian Ambassador to Cyprus Antonella Cavallari at the Italian Embassy’s offices. The meeting took place in a particularly warm and constructive atmosphere, with both sides exchanging views and ideas on the potential for further developing relations between Cyprus and Italy, with sport […]

13.08.2026 12:27

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Kıbrıs Cyprus Mail

Griffon vultures return to breed in Limnatis valley after 16 years

A second griffon vulture chick born in Cyprus this year has been fitted with a GPS tracker, allowing conservation teams to monitor its movements after it leaves its nest. The chick hatched in mid-May in the Limnatis valley special protection area and was tagged last Monday by the game and fauna service in cooperation with […]

13.08.2026 12:22

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Kıbrıs Cyprus Mail

Pergamos seizures account for thousands in British bases’ customs fines

Two of the biggest customs seizures recorded at the British bases’ crossing point of Pergamos this summer resulted in almost €8,000 in fines, as officers stepped up inspections during the busy holiday period, issuing in total close to €11,000 in fines since July 1.  The largest seizure took place on July 4, when officers stopped […]

13.08.2026 12:15

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Kıbrıs Famagusta Gazette

Too hot to think? Why extreme heat can affect how well our brain works

Dan Baumgardt, University of Bristol Ever feel that the arrival of summer sun makes you feel a bit dopey?…

13.08.2026 12:00

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Kıbrıs Cyprus Mail

Larnaca municipality to spend over €2.3m on road upgrades

Larnaca municipality will invest more than €2.3 million in road maintenance and upgrade projects during 2026, it announced on Thursday. The municipality has signed a €758,566 contract with Iacovou Construction Ltd for asphalt paving works on roads in Larnaca. The work forms part of a wider programme covering the municipal districts of Larnaca, Livadia and […]

13.08.2026 11:46

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Kıbrıs Cyprus Mail

Cabinet decisions on two Limassol malls to go to parliament

Cabinet decisions on two proposed shopping centres in eastern Limassol will be sent to parliament, Interior Minister Constantinos Ioannou said on Thursday. Ioannou was responding to a parliamentary question by Limassol MP Marina Nikolaou in a reply dated August 3. The two planning applications concern developments in the municipal districts of Mesa Yitonia and Ayios […]

13.08.2026 11:42

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Kıbrıs Cyprus Mail

Central Bank of Cyprus extends deadline for collector coin tender

The Central Bank of Cyprus (CBC) has extended the deadline for companies seeking to mint, package and deliver Cyprus euro silver and gold collector coins, giving potential bidders until September 25, 2026 to submit their tenders. The extension moves the deadline from the previously announced September 4, 2026, to the date mentioned above. The procurement […]

13.08.2026 11:07

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Kıbrıs Cyprus Mail

Iran says no progress on US deal as Gulf shipping attacks mount

Iran and the United States remain at loggerheads over efforts to agree a permanent end to the war in the Gulf, according to a senior Iranian source, who said there had been no progress in talks to revive the interim deal agreed in June and define a time frame to implement it. The comments came […]

13.08.2026 11:06

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Kıbrıs Cyprus Mail

Cyprus investment firm continues buyback programme with fresh purchases

Demetra Holdings Plc repurchased 3,660 of its own shares on August 12, 2026, as part of an ongoing share buyback scheme, according to an official corporate filing released on Thursday. The transactions were executed through the Cyprus Investment & Securities Corporation Ltd, known as CISCO, at a single purchase price of €1.465 per share. The […]

13.08.2026 10:59

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Kıbrıs Cyprus Mail

Cyprus Stock Exchange extends suspension of Reputation Exchange shares

The Cyprus Stock Exchange (CSE) on Thursday announced that it had extended the suspension of trading in the shares of the Reputation Exchange Plc on its Emerging Companies Market (ECM) for a further two months, until October 19, 2026. The CSE said the suspension would remain in place because the company does not have an […]

13.08.2026 10:55

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Kıbrıs Cyprus Mail

Green light for Paralimni town centre makeover

Paralimni’s central core is a step closer to a major overhaul after the municipality secured planning permission for a redevelopment designed to reshape the heart of the town and support local commercial activity.  The Paralimni-Deryneia municipality said on Thursday that it had received the permit on Monday, August 10, clearing an important hurdle in its wider development programme.  The work will […]

13.08.2026 10:52

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Kıbrıs Cyprus Mail

Fenerbahce sign striker Lukaku from Napoli

Romelu Lukaku has swapped the Italian Serie A for the Turkish Super Lig after Fenerbahce announced the signing of the Belgian striker on Wednesday. Financial details were not disclosed but Italian media reported Fenerbahce agreed a €6 million fee plus performance-related bonuses for the former Chelsea, Manchester United and Inter Milan striker. “It’s an honour […]

13.08.2026 10:48

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Kıbrıs Cyprus Mail

Great Sea Interconnector moves ahead with Cyprus-Israel investment request

The Great Sea Interconnector (GSI) project took another step forward on Thursday after Greece’s Independent Power Transmission Operator (Admie), the project promoter, submitted an investment request for the Cyprus-Israel electricity interconnection to the energy regulators of both countries. The application marks the next stage in the implementation of the project under the European Union’s Trans-European […]

13.08.2026 10:47

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Kıbrıs Cyprus Mail

Xavi becomes first non-Dutch Netherlands coach since 1978

Former Barcelona star player and coach Xavi Hernandez has been hired to coach the Netherlands national team through the 2030 World Cup. He received a four-year contract to take over a team that lost to Morocco on penalty kicks in the round of 32 at the 2026 World Cup. It was the Netherlands’ worst finish […]

13.08.2026 10:42

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Kıbrıs Cyprus Mail

Israelis caught with tobacco may be involved in ‘ant smuggling’

An Israeli caught on Wednesday with duty free tobacco crossing into the south at Dherynia in a Turkish Cypriot taxi is the latest incident in what the customs department described on Thursday as possibly part of an ‘ant smuggling’ ring. “There is a worrying upward trend over the past two months with Israeli nationals transporting […]

13.08.2026 10:15

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Kıbrıs Famagusta Gazette

DHL: Group revenue soared by 13 percent to 22.4 billion euros

Logistics giant DHL Group has reported a sharp rise in profit in the second quarter thanks to solid express demand.…

13.08.2026 10:00

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Kıbrıs Cyprus Mail

Kamares anti-flood works ahead of schedule

Larnaca is continuing its anti-flood works, with the project in the area of Kamares now ahead of schedule, the city’s district self-government organisation (EOA) said on Thursday. Works on the Kamares project are continuing full speed and the projected completion date is now before the July 2027 deadline. Larnaca’s EOA said the main purpose of […]

13.08.2026 09:54

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Kıbrıs Cyprus Mail

Cyprus tax reform 2026: what companies still get wrong

The tax package that parliament passed on 22 December 2025 took effect on 1 January 2026, and half a year later the most common mistake is not a filing error. It is arithmetic based on the old rules. Advisers abroad, comparison articles and even some internal budgets are still built on the figures that stopped […]

13.08.2026 09:52

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Kıbrıs Cyprus Mail

Forestry dept on fire alert for mid-August holidays

The forestry department renewed calls on Thursday ahead of the mid-August holiday for extreme caution due to the high risk of fires. As people in Cyprus usually take their summer holiday around the August 15 religious day of the Assumption of the Virgin Mary, the forestry department is on high alert for forest fires caused […]

13.08.2026 09:49

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