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Cyprus Business Now: landmark events, petroleum, banks, construction, tourism
Kıbrıs Cyprus Mail

Cyprus Business Now: landmark events, petroleum, banks, construction, tourism

The Cypriot economy maintained a robust trajectory through December 29, 2025, as the government successfully navigated a complex landscape of global trade tensions and regional instability to implement landmark domestic reforms. Globally, uncertainty sharpened early in the year as renewed trade tensions emerged following tariff measures announced by US President Donald Trump, reviving fears of […]

31.12.2025 07:30
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Majority of EU funds drop ESG names to meet new regulatory standards
Kıbrıs Cyprus Mail

Majority of EU funds drop ESG names to meet new regulatory standards

The European Securities and Markets Authority (ESMA) published research findings recently, evaluating how its fund naming guidelines have influenced the use of ESG and sustainability-related terms to better protect investors and align investment strategies. The study found that the guidelines have improved consistency in the use of environmental, social, and governance terms by increasing the […]

31.12.2025 06:30
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New Year’s feast prices hold at Christmas levels, consumer association says
Kıbrıs Cyprus Mail

New Year’s feast prices hold at Christmas levels, consumer association says

New Year’s feast costs mirror Christmas, with only negligible price drops for a few vegetables, the Cyprus Consumers Association said on Tuesday. Its president Marios Drousiotis said that only tomato and cucumber prices have declined, but the reduction is negligible and does not significantly lower the total cost. Drousiotis said he has asked the Consumer […]

31.12.2025 04:24
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Disney agrees to $10 mln penalty and injunction for alleged violations of children’s privacy laws
Kıbrıs Cyprus Mail

Disney agrees to $10 mln penalty and injunction for alleged violations of children’s privacy laws

The Walt Disney Company has agreed to pay a $10 million civil penalty as part of a settlement to resolve allegations it violated children’s privacy laws, the Justice Department said on Tuesday. “The Justice Department is firmly devoted to ensuring parents have a say in how their children’s information is collected and used,” Assistant Attorney […]

30.12.2025 23:17
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Shots fired at Paralimni house, police launch investigation
Kıbrıs Cyprus Mail

Shots fired at Paralimni house, police launch investigation

Police in Paralimni have launched an investigation after gunshots were fired at a house, an incident that only came to light hours later. Officers took action on Tuesday afternoon after receiving information that shots had been fired at a property in the area. The spokesman for the Famagusta police department, Andreas Konstantinou, said police were […]

30.12.2025 21:57
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Bishop of Karpasia to cooperate with police over funds allegation
Kıbrıs Cyprus Mail

Bishop of Karpasia to cooperate with police over funds allegation

The bishop of Karpasia said on Tuesday he will fully cooperate with police as they investigate allegations that he misappropriated funds from a club he used to be president of. In a statement issued through his attorneys, Bishop Christoforos said he was making himself “available” to authorities as they investigate events allegedly taking place in […]

30.12.2025 21:37
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Student numbers rise as education spending increase
Kıbrıs Cyprus Mail

Student numbers rise as education spending increase

The total number of students in Cyprus increased to 218,129 in the 2023/2024 school year, up 4.7 per cent from 208,374 in 2022/2023, the statistical service announced on Tuesday. The number of schools and other educational institutions also grew, rising to 1,368 from 1,351 the previous year.  The total number of teachers increased to 17,298, […]

30.12.2025 20:28
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Cyprus ‘ready to take on EU Council Presidency’
Kıbrıs Cyprus Mail

Cyprus ‘ready to take on EU Council Presidency’

Cyprus is fully prepared to assume the Presidency of the Council of the European Union from January 1, President Nikos Christodoulides said on Tuesday. He made the remarks following a visit to the newly upgraded facilities of the Cyprus conference centre, which will host most events and activities during the six-month presidency. He said the […]

30.12.2025 19:23
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Last day to apply for solar panel subsidy
Kıbrıs Cyprus Mail

Last day to apply for solar panel subsidy

The deadline for applying for a solar panel based on net metering expires on Wednesday, the last day of the year, after which the system will switch to net billing. Using net billing homeowners are paid a wholesale rate – lower than retail – for excess solar electricity they feed into the grid. In contrast […]

30.12.2025 18:34
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Best crypto to buy with $1,000 today? Analysts compare Ripple (XRP) and this $0.04 new altcoin
Kıbrıs Cyprus Mail

Best crypto to buy with $1,000 today? Analysts compare Ripple (XRP) and this $0.04 new altcoin

When investors ask what crypto to buy with a fixed amount like $1,000, the real question is not about popularity. It is about positioning. Late-stage assets behave very differently from early-stage ones, even if both look strong on the surface. Analysts often compare established cryptocurrencies with newer projects to understand where upside may still exist. […]

30.12.2025 18:10
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Teen arrested over brutal robbery, beating of elderly man
Kıbrıs Cyprus Mail

Teen arrested over brutal robbery, beating of elderly man

A 19-year-old has been arrested in connection with a violent robbery and attempted murder involving an 85-year-old man in the Nicosia district, police said on Tuesday. The attack took place on December 20 when an unknown individual broke into the victim’s home during the early evening. According to the complaint, the suspect assaulted the elderly […]

30.12.2025 18:04
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Policing plan sets security framework for EU presidency
Kıbrıs Cyprus Mail

Policing plan sets security framework for EU presidency

Security, smooth operations and readiness of services were essential for the successful policing during the island’s presidency of the EU Council of January 1, Justice Minister Costas Fitiris said on Tuesday. Speaking at a presentation in Nicosia, he said Cyprus faced a major national challenge but had the capacity to meet it, as it prepared […]

30.12.2025 18:01
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Man arrested for attempted arson after found injured
Kıbrıs Cyprus Mail

Man arrested for attempted arson after found injured

A 44-year-old man was found injured in the early hours of Tuesday following an attempt to set fire to a property in Limassol, police said. After receiving information about attempted arson around 4.30am, officers rushed to the scene and spotted the man injured near the property. They also discovered a motorcycle without a registration plate, […]

30.12.2025 17:57
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Police unions object to new working hours
Kıbrıs Cyprus Mail

Police unions object to new working hours

Police unions on Tuesday reacted strongly to announcements made by the police chief on changes to working conditions. In a joint statement, Pasydy and the police association said they felt “discomfort and indignation” over what they described as the chief’s insistence on publicly announcing changes to police working hours and annual leave. The unions said […]

30.12.2025 17:54
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Half of Israel’s tech multinationals see rise in relocation requests
Kıbrıs Cyprus Mail

Half of Israel’s tech multinationals see rise in relocation requests

Requests to relocate abroad by Israelis working at multinational companies operating in Israel rose in the past year in reaction to Israel’s two-year war against Palestinian militant group Hamas, a report has shown. The Israel Advanced Technology Industries Association (IATI) found that 53 per cent of companies reported an increase in relocation requests from Israeli […]

30.12.2025 17:36
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Khaleda Zia, Bangladesh’s first female prime minister, dies at 80
Kıbrıs Cyprus Mail

Khaleda Zia, Bangladesh’s first female prime minister, dies at 80

The Honorary Consulate General of the People’s Republic of Bangladesh in Cyprus has expressed its deep condolences on the passing of Begum Khaleda Zia, the former Prime Minister of Bangladesh and a central figure in the country’s modern political history. Begum Khaleda Zia was the first woman to serve as Prime Minister of Bangladesh and […]

30.12.2025 17:35
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Deportations of foreign nationals planned to ease prison overcrowding
Kıbrıs Cyprus Mail

Deportations of foreign nationals planned to ease prison overcrowding

Inmates of the central prison who have committed minor crimes could be released before serving their full sentence due to the facility’s overcrowding crisis, the government said on Tuesday. “All foreign nationals who are in central Prisons and whose conviction does not concern serious crimes will be deported or returned to their countries of origin, […]

30.12.2025 17:25
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Peru shamans foretell illness for Trump, Maduro’s exile in 2026
Kıbrıs Cyprus Mail

Peru shamans foretell illness for Trump, Maduro’s exile in 2026

Shamans in Peru gathered for an annual New Year’s ritual this week where they made predictions for the year to come, including illness for U.S. President Donald Trump and the downfall of Venezuelan counterpart Nicolas Maduro. “The United States should prepare itself because Donald Trump will fall seriously ill,” Juan de Dios Garcia proclaimed as […]

30.12.2025 17:23
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