Kıbrıs Cyprus Mail

Christodoulides to take ‘difficult decisions’ on Cyprus problem

An “ongoing” initiative with the UN chief could ultimately lead to a plan for a solution of the Cyprus problem, with the upcoming expanded meeting in the coming months to be part of this process, President Nikos Christodoulides said on Wednesday. UNSG Antonio Guterres, according to the president, launched a new initiative after his meeting […]

13.05.2026 11:23

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Kıbrıs Cyprus Mail

Million-dollar Panama Canal slots expose new pressure on global energy trade

The Panama Canal is facing a renewed rush for priority passage, with shipowners and charterers paying millions of dollars to secure faster transit as disruption around the Strait of Hormuz redirects energy cargoes from the US Gulf towards Asia.  The waterway, one of the world’s most important trade routes, has become increasingly competitive in recent weeks, as […]

13.05.2026 11:17

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Kıbrıs Cyprus Mail

Demetra Holdings acquires 7,050 own shares in latest buyback round

Demetra Holdings Plc on Wednesday announced that it completed the purchase of 7,050 of its own shares on May 12, acting through its brokerage representative CISCO to execute the latest round of its share buyback programme. The company acquired the securities at a uniform price of €1.55 per share across several distinct transactions during the […]

13.05.2026 11:14

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Kıbrıs Cyprus Mail

Christodoulides: Boosting deterrence starts with investing in National Guard personnel

Strengthening Cyprus’ deterrent capability begins with meaningful investment in the human capital of the National Guard, President Nikos Christodoulides said on Wednesday. Speaking on his way into a cabinet meeting at the presidential palace, Christodoulides said national security had been a priority for his government from the outset, adding that enhancing deterrence “concerns the security […]

13.05.2026 11:09

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Kıbrıs Cyprus Mail

Summer 2026: Eurobank, Sky Express to take us to our favourite destinations

This summer, Eurobank Cyprus and SKY express are taking travellers to some of the most popular destinations, thanks to a special offer that delivers genuine value on everyday transactions via the innovative €pistrofi rewards programme. By booking a ticket with SKY express between April 1, 2026 and August 31, 2026, Eurobank Cyprus cardholders can benefit […]

13.05.2026 11:05

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Kıbrıs Cyprus Mail

Limassol man arrested over burglaries

A 45-year-old Limassol man was arrested on Wednesday in connection with four burglary and theft cases committed between October 2021 and August 2024. The suspect was taken into custody under a court warrant to assist investigations into the burglaries targeting shops in Limassol. Property worth more than €31,000 was stolen in the incidents. Police said […]

13.05.2026 10:59

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Kıbrıs Cyprus Mail

Starmer vows to carry on governing, prepares for grand parliamentary ceremony

Prime Minister Keir Starmer, fighting for his political survival after dozens of his lawmakers called for him to quit, promised on Wednesday to press ahead with plans to reform Britain and warned of chaos if he were to be ousted. Starmer has so far defied calls to quit from around 90 Labour lawmakers who blame […]

13.05.2026 10:55

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Kıbrıs Cyprus Mail

Two-day A.F.I.S. Cyprus Ltd conference concludes successfully

The A.F.I.S. Cyprus conference was held successfully over May 8-9, 2026 at the Pendeli Hotel in Platres, with the participation of the organisation’s management and close partners. During the two-day event, Mikellis Christou, Chairman of the Board of Directors of A.F.I.S., presented the organisation’s vision and strategy. The Department of Environment also participated in the […]

13.05.2026 10:51

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Kıbrıs Cyprus Mail

Alphamega, Slimstock join forces to redefine their supply-chain planning

Alphamega Hypermarkets are proud to announce a strategic partnership with Slimstock, a leading provider of supply-chain-planning solutions. This partnership is part of the company’s ongoing growth and investment in advanced technologies designed to enhance operational efficiency and elevate the overall customer experience. Taking into account the highly competitive retail environment and driven by its commitment […]

13.05.2026 10:42

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Kıbrıs Cyprus Mail

CDB bank net income falls to €17.2 million, sees sharp drop in new lending

The Cyprus Development Bank Group (CDB) on Wednesday reported total net income of €17.2 million for 2025, marking a 25 per cent decline when compared with the €22.8 million recorded in 2024. The drop in profitability was primarily driven by a sharp fall in net interest income, reflecting the impact of lower interest rates and […]

13.05.2026 10:41

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Kıbrıs Cyprus Mail

A handy guide to getting your garden ready for spring

Spring doesn’t just arrive. It’s a season you feel. It’s that moment when the sun gets warmer, the afternoons grow longer, and your garden starts to… call out to you. And somewhere along the way, the mood for renewal sets in, along with the need to get ready for more spring-like moments. If you want […]

13.05.2026 10:19

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Kıbrıs Cyprus Mail

Eurolife named top life insurer in Cyprus for sixth year running

Eurolife on Wednesday announced that it has been recognised as the leading life insurance company in Cyprus, securing the title of Best Life Insurance Company Cyprus 2026 at the Global Banking and Finance Awards 2026 for the sixth consecutive year. In addition to the main award, Eurolife also received a second distinction this year for […]

13.05.2026 10:19

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Kıbrıs Cyprus Mail

Greece-Cyprus interconnector study moves forward with EU backing

Independent power transmission operator Admie has received approval to submit a request to the European Investment Bank (EIB) for the funding of a due diligence study on the Greece-Cyprus electricity interconnector (GSI) project, according to a report from the Cyprus News Agency (CNA). The approval allows Admie, as the project promoter, to proceed with clarifying […]

13.05.2026 10:05

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Kıbrıs Cyprus Mail

FMD sees reduction in goat milk in halloumi

The amount of goat milk in halloumi will be reduced from 25 to 15 per cent until the end of the year because of the recent outbreak of foot and mouth disease (FMD), Commerce Minister Michael Damianos said. “The quantities of goat and sheep milk currently available do not allow all halloumi producers to comply […]

13.05.2026 10:02

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Kıbrıs Cyprus Mail

Cyprus museum offers free tour to mark International Museum Day

May has plenty of causes to celebrate. It is the transition between spring and summer, the celebration of international occasions such as World Turtle Day, Labour Day, Bee Day and Biological Diversity, and also an annual reminder of the importance of museums. On May 18, International Museum Day, cultural institutions around the globe offer free […]

13.05.2026 10:00

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Kıbrıs Cyprus Mail

Maritime inclusion and equality take centre stage at Cyprus EU presidency event

Cyprus used two maritime events in Chios and Brussels this week to push its shipping priorities, with Deputy Minister of Shipping Marina Hadjimanolis calling for stronger cooperation, wider inclusion and more opportunities for the next generation of maritime professionals.  Hadjimanolis first travelled to Chios on May 7, where she took part in the 1st Mare Forum Chios and delivered the conference’s […]

13.05.2026 09:36

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Kıbrıs Cyprus Mail

Father reportedly kidnaps child in Limassol

A Turkish Cypriot man has reportedly kidnapped his child from its mother’s home in Limassol after illegally crossing from the north, police said on Wednesday. According to the police, the man crossed from the north and headed to the mother’s residence, where he abducted the child and disappeared to an unknown destination. Investigations into the […]

13.05.2026 09:33

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Kıbrıs Cyprus Mail

Fire in wooden kiosk near Governor’s beach

A fire broke out in a wooden kiosk near Governor’s beach in the Limassol area on Tuesday night, leaving the building completely destroyed. According to the police, the authorities were informed about the incident at around 9pm on Tuesday, when they rushed to the scene to extinguish the fire. Investigations into the cause of the […]

13.05.2026 08:54

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Kıbrıs Cyprus Mail

Woman arrested for car theft in Paphos

A 27-year-old woman was on Wednesday morning arrested over her suspected involvement with a vehicle theft case in Paphos. According to the police, a car that had been reported stolen on 12 May was located by police officers shortly after midnight. The woman was later seen getting into the vehicle. As soon as the police […]

13.05.2026 08:45

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Kıbrıs Cyprus Mail

Today’s weather: Dust in the air, mild conditions

On Wednesday, the weather will be mostly clear with a chance of temporary high clouds. Temperatures will range from around 31 degrees Celsius inland to around 29 degrees on the south and east coasts, around 25 degrees on the west and north coasts and around 22 degrees in the higher mountains. Light to moderate winds […]

13.05.2026 08:34

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Kıbrıs Cyprus Mail

The digital euro: a geopolitical shield and sovereign risk

Scheduled for a 2029 debut, the digital euro is designed to fundamentally redefine European finance as the digital twin of physical cash. Functioning as the third pillar of the European monetary base, this state-backed central bank digital currency (CBDC) will maintain permanent, one-to-one parity with the physical euro. While the European Central Bank (ECB) oversees […]

13.05.2026 08:30

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Kıbrıs Cyprus Mail

Nvidia CEO joins Trump’s mission to ‘open up’ China

President Donald Trump picked up Nvidia CEO Jensen Huang in Alaska en route to a high-stakes Beijing summit with China’s Xi Jinping, while his top trade negotiator Scott Bessent began preparatory talks with Chinese officials in South Korea. With his public approval ratings bruised by the Iran war, Trump embarks on his first visit to […]

13.05.2026 08:19

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Kıbrıs Cyprus Mail

Bank of Cyprus draws strong backing from analysts after first quarter results

The Bank of Cyprus maintained its position as one of the strongest banking investment stories in the region during the first quarter of 2026, with both Deutsche Bank and Euroxx Securities reiterating positive recommendations following the lender’s results. Indeed, the Bank of Cyprus continued to receive strong backing from international analysts, driven by credit expansion, […]

13.05.2026 08:02

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Kıbrıs Cyprus Mail

Trump says he does not need China’s help to end Iran war, Tehran tightens grip on Hormuz

President Donald Trump said he does not think he will need China’s help to end the war with Iran, even as hopes for a lasting peace deal dwindled and Tehran tightened its grip over the Strait of Hormuz. Ahead of a high-stakes summit in Beijing, Trump said he did not think he would need to […]

13.05.2026 07:58

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