Carlos Ezpeleta promoted to deputy CEO of MotoGP Group
Kıbrıs Cyprus Mail

Carlos Ezpeleta promoted to deputy CEO of MotoGP Group

Carlos Ezpeleta has been promoted to deputy CEO of MotoGP Group, the commercial rights holder of the motorcycle racing championships, the organisation said on Tuesday, bringing him into the company’s top leadership team alongside his father, CEO Carmelo Ezpeleta. Ezpeleta, who joined the Madrid-based company as an intern in 2007 and rose through the ranks […]

25.08.2026 15:11
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German tourist dies after drowning in Famagusta swimming pool
Kıbrıs Cyprus Mail

German tourist dies after drowning in Famagusta swimming pool

A 22-year-old German tourist has died after being pulled unconscious from the swimming pool of an apartment complex in the Famagusta district yesterday night. The man was recovered from the pool at around 9.20pm and taken by ambulance to the emergency department of Famagusta general hospital, where he was pronounced dead. An autopsy carried out […]

25.08.2026 15:09
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All-day schools expand as govt increases education budget
Kıbrıs Cyprus Mail

All-day schools expand as govt increases education budget

The number of all-day schools has risen to 381, up from 220 in 2023, Education Minister Athena Michaelidou announced on Tuesday, following a decision by cabinet to expand the scheme ahead of the new school year in September. Speaking at the presidential palace after the cabinet meeting, Michaelidou said the increase came with a corresponding […]

25.08.2026 15:02
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Cyprus Stock Exchange lists €50m in new government bills
Kıbrıs Cyprus Mail

Cyprus Stock Exchange lists €50m in new government bills

The Cyprus Stock Exchange (CSE) has accepted the listing of €50 million worth of new 13-week Republic of Cyprus government bills, with trading due to begin on Friday, August 28, 2026. The CSE said it had accepted the admission of 50,000 government bills from the eighth series of the 2026 issue, each with a nominal […]

25.08.2026 14:49
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Teen remanded over counterfeit €50 notes
Kıbrıs Cyprus Mail

Teen remanded over counterfeit €50 notes

An 18-year-old man has been arrested on suspicion of possessing and circulating counterfeit banknotes, police said on Tuesday. Officers in the Famagusta district acted on a tip-off concerning two €50 notes bearing the same serial number, which they retrieved from an employee of a local business. Police later identified an 18-year-old suspect and found two […]

25.08.2026 14:15
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Nicosia district govt to utilise Thessaloniki’s water technology expertise
Kıbrıs Cyprus Mail

Nicosia district govt to utilise Thessaloniki’s water technology expertise

The Nicosia district government on Tuesday signed a contract with the Thessaloniki water supply and sewerage company (Eyath) to be provided with “expertise” in “the field of geographic information systems”. The contract is worth €257,699 and will be in force for 38 months, while a geographic information system is integrated into computer hardware and software […]

25.08.2026 14:07
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Logicom announces board member appointment, committee restructuring
Kıbrıs Cyprus Mail

Logicom announces board member appointment, committee restructuring

Technology company Logicom Public Limited announced on Tuesday that its board of directors has approved the appointment of Ioannis Kosmas Eirinarchos as a non-independent, non-executive board member, with immediate effect. Following the appointment, the board of directors decided during its meeting on August 25, 2026, to reconstitute its internal committees in accordance with the provisions […]

25.08.2026 13:58
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Alpha Bank completes squeeze-out of Alpha Trust Holdings
Kıbrıs Cyprus Mail

Alpha Bank completes squeeze-out of Alpha Trust Holdings

Alpha Bank has completed the process of acquiring the remaining shares in Alpha Trust Holdings, giving the bank and parties acting alongside it 100 per cent ownership and voting rights in the company. The Greek bank said the procedure, which concluded on August 24, involved the acquisition of 69,324 remaining ordinary shares in Alpha Trust […]

25.08.2026 13:48
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Criminal probe into prison sick leave certificates
Kıbrıs Cyprus Mail

Criminal probe into prison sick leave certificates

A criminal investigation is under way into a general practitioner and an orthopaedic surgeon after the audit office found evidence suggesting collusion between doctors and prison officers over falsifying sick leave certificates. The office referred its findings to the attorney-general’s office, and a departmental official has since given a statement to investigators naming the two […]

25.08.2026 13:45
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An evening of Japanese koto music
Kıbrıs Cyprus Mail

An evening of Japanese koto music

This is a first for Cyprus – a Japanese music recital with a traditional instrument. Koto is a Japanese zither instrument which has a long wooden body and thirteen strings, traditionally played by plucking the strings with finger picks. This September 9, Nicosia audiences will have an opportunity to listen to its sound at the […]

25.08.2026 13:30
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Keo completes €1.69 million dividend payout following earlier software delays
Kıbrıs Cyprus Mail

Keo completes €1.69 million dividend payout following earlier software delays

Cypriot beverage company Keo plc announced on Tuesday that it has completed the payment of its interim dividend to beneficiary shareholders, overcoming previous software issues that threatened to delay the distribution. The completion follows the company’s prior warning on August 7, 2026, when management disclosed that technical issues with dividend calculation software could disrupt the […]

25.08.2026 13:11
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Investment firm repurchases 3,300 own shares
Kıbrıs Cyprus Mail

Investment firm repurchases 3,300 own shares

Demetra Holdings Plc announced on Tuesday that it has repurchased 3,300 of its own shares through investment firm the Cyprus Investment & Securities Corp Ltd (CISCO). According to the announcement, the company executed the transactions on August 24, 2026, acquiring the shares at a uniform price of €1.43 per share. The buyback was carried out […]

25.08.2026 13:03
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Gaza parents urged to stop kids flying kites after Israel warning to Hamas
Kıbrıs Cyprus Mail

Gaza parents urged to stop kids flying kites after Israel warning to Hamas

Gaza parents have been warned to stop their children flying kites in the war-ravaged enclave, after Israel threatened a forceful response if the Hamas militant group revives a tactic of launching incendiary kites over the border. The popular committees, comprising representatives of local non-government organisations and charities that run Gaza displacement camps and shelters, issued […]

25.08.2026 12:58
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Fintech firm payabl. teams up with Visa to help merchants cut chargebacks
Kıbrıs Cyprus Mail

Fintech firm payabl. teams up with Visa to help merchants cut chargebacks

European financial technology provider payabl. has expanded its relationship with Visa to give merchants across the EU and UK access to real-time tools designed to resolve payment disputes and reduce costly chargebacks. The collaboration will see payabl. offer Visa’s Rapid Dispute Resolution (RDR) service, allowing merchants to automatically resolve disputes at the pre-dispute stage and […]

25.08.2026 12:53
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Cyprus payment fraud losses rise to €3.7m
Kıbrıs Cyprus Mail

Cyprus payment fraud losses rise to €3.7m

The value of fraudulent payments in Cyprus rose 16 per cent year on year to almost €3.7 million during the second half of 2025, even as the number of cases fell 5 per cent to around 14,000, according to the Central Bank of Cyprus (CBC). Despite the increase in value, payment fraud remained relatively low both in […]

25.08.2026 12:46
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Chelsea start Alonso era with exciting 3-2 win at neighbours Fulham
Kıbrıs Cyprus Mail

Chelsea start Alonso era with exciting 3-2 win at neighbours Fulham

Chelsea began life under new coach Xabi Alonso with a breathless 3-2 victory at West London neighbours Fulham in the Premier League on Monday as their exciting front three of Joao Pedro, Morgan Rogers and Cole Palmer all found the net. Chelsea got off to a dream start after 31 seconds when Palmer – looking […]

25.08.2026 12:20
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Municipalities threaten to block ‘pay as you throw’ rollout
Kıbrıs Cyprus Mail

Municipalities threaten to block ‘pay as you throw’ rollout

While Cyprus is preparing to introduce its ‘pay as you throw system’, wherein people are forced to pay for special issue rubbish bags to have their rubbish collected, early next year, municipalities are demanding clarity on funding and infrastructure before they commit to a rollout which has already missed two EU deadlines. Under the system, […]

25.08.2026 12:16
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Paphos targets Cyprus residents with extended autumn tourism campaign
Kıbrıs Cyprus Mail

Paphos targets Cyprus residents with extended autumn tourism campaign

Paphos pushes year-round appeal with extended local ad drive The Paphos regional tourism board (Etap Paphos) has extended its domestic tourism campaign until mid-November after promotional activity generated more than 2.6 million impressions and reached over 335,000 potential visitors between May and August. The campaign, which is aimed at Cyprus’ permanent residents, has focused on […]

25.08.2026 12:08
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Talat: Greek Cypriot side has always avoided cooperation
Kıbrıs Cyprus Mail

Talat: Greek Cypriot side has always avoided cooperation

The Greek Cypriot side has “always avoided” cooperating with the Turkish Cypriots, former Turkish Cypriot leader Mehmet Ali Talat said on Tuesday, with his successor Tufan Erhurman and President Nikos Christodoulides set to meet in the buffer zone on Wednesday. “Cooperating with the Greek Cypriot side is not an easy task. They avoid it because […]

25.08.2026 11:46
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Iran vows to retaliate after US widens sanctions
Kıbrıs Cyprus Mail

Iran vows to retaliate after US widens sanctions

Iran promised to retaliate against expanded US sanctions that the Americans said would cut Iran’s economic lifeline, with Tehran expressing confidence that major trading partners would resist Washington’s pressure campaign. US Treasury Secretary Scott Bessent unveiled the measures on Monday but stopped short of the most punishing sanctions, saying countries that continued trading with Iran […]

25.08.2026 11:45
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Cyprus housing crisis fueled by slow building permits
Kıbrıs Cyprus Mail

Cyprus housing crisis fueled by slow building permits

Permit delays drive up Cyprus housing and rental costs Housing affordability in Cyprus is being driven not only by rising property prices, construction costs and interest rates, but also by the time it takes to secure planning and building permits, with delays potentially adding tens of thousands of € to the cost of a new […]

25.08.2026 11:41
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Lego sales rise as World Cup products draw new customers
Kıbrıs Cyprus Mail

Lego sales rise as World Cup products draw new customers

Lego sales jumped 21 per cent in the first half as soccer World Cup and Formula 1 sets attracted new customers, the Danish toy brand said on Tuesday. Lego has won market share as its growth outpaces rival toymakers like Mattel and Hasbro, helped by a strategy of tie-ups with film and entertainment franchises, and […]

25.08.2026 11:39
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