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Cyprus stock exchange extends trading suspension for public company
Kıbrıs Cyprus Mail

Cyprus stock exchange extends trading suspension for public company

The Cyprus Stock Exchange announced on Monday the continued suspension of trading for shares in Mr Pengu Public Company Ltd, which is listed on the Emerging Companies Market. The CSE confirmed that this decision was taken in accordance with Article 183 of the Cyprus Securities and Stock Exchange Law. The exchange explained that the grounds […]

11.05.2026 12:00
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Body found in Paphos, police investigating missing person link
Kıbrıs Cyprus Mail

Body found in Paphos, police investigating missing person link

The body of a man was found in Paphos on Monday morning, with police investigating whether it belongs to a person reported missing. The police said a vehicle was spotted in the village of Pretori, Paphos, at around 7.30pm on Sunday. The area was cordoned off and investigations began with a drone and thermal imaging.  […]

11.05.2026 11:45
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Cyprus Unemployment at 4.2% in February
Kıbrıs Famagusta Gazette

Cyprus Unemployment at 4.2% in February

Cyprus’ unemployment rate stood at 4.2% in February, according to the most recent data released by Eurostat. Eurostat figures show the number of unemployed people in the Republic of Cyprus fell from 23,000 in January 2026 to 22,000 in February. For 2025 as a whole, unemployment averaged 23,000. Across the eurozone, unemployment rose slightly, from […]

11.05.2026 11:45
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Demetra Holdings board proposes €20 million dividend
Kıbrıs Cyprus Mail

Demetra Holdings board proposes €20 million dividend

Demetra Holdings Plc on Monday announced that its board of directors has proposed a total dividend payment of €20,000,000 for the fiscal year ending December 31, 2025. This strategic financial proposal, which follows a board meeting on May 8, corresponds to a payout of 10 cent per share to the company’s investors. The board also […]

11.05.2026 11:45
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Geopolitics ending the traditional five-year shipping cycle warns executive
Kıbrıs Cyprus Mail

Geopolitics ending the traditional five-year shipping cycle warns executive

Chartworld Shipping Company managing director Antonis Faraklas has warned that geopolitical instability has made international shipping increasingly difficult to predict, saying fleet diversification has become a key survival strategy for companies exposed to volatile market cycles.  Speaking at the 1st Mare Forum Chios, Faraklas said developments such as the war in Ukraine and tensions in the Middle East were reshaping freight […]

11.05.2026 11:38
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Cleaning works close Limassol–Paphos motorway
Kıbrıs Cyprus Mail

Cleaning works close Limassol–Paphos motorway

The right lanes on the Limassol–Paphos motorway have been closed in both directions due to cleaning works on the central island, police said on Monday. The closure was implemented at around 10.30am and is affecting traffic heading both towards Paphos and towards Limassol. Police said the works are ongoing and are expected to cause temporary […]

11.05.2026 11:33
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Fresh doubts over Limassol’s long-awaited affordable housing scheme
Kıbrıs Cyprus Mail

Fresh doubts over Limassol’s long-awaited affordable housing scheme

Limassol’s ambitious plan to deliver hundreds of affordable rental homes has been cast into fresh uncertainty as a growing rift between the municipality and the Cyprus Land Development Organisation (Koag) threatens to stall the project. According to Politis, both sides remain in favour of continuing the cooperation, recognising the scale of Limassol’s housing problem and […]

11.05.2026 11:33
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Cyprus hosts multinational Argonaut 2026 civil-military exercise
Kıbrıs Cyprus Mail

Cyprus hosts multinational Argonaut 2026 civil-military exercise

A multinational civil-military cooperation exercise, Argonaut 2026, is taking place in Cyprus from May 11 to May 15, the defence ministry announced on Monday. According to the ministry, the exercise will test the special national plans ‘Estia’ and ‘Tefkros’, which focus on the reception of civilians from neighbouring conflict zones, as well as the management […]

11.05.2026 11:28
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Alexandros Panayiotou sworn in as Supreme Court judge
Kıbrıs Cyprus Mail

Alexandros Panayiotou sworn in as Supreme Court judge

Alexandros Panayiotou was sworn in as a Supreme Court judge on Monday, and spoke at his swearing-in ceremony of the difficult times ahead for the rule of law, both domestically and internationally. “In the difficult times in which we are living today, where a dangerous environment of questioning international law is taking shape at the […]

11.05.2026 11:23
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Bank of Cyprus posts €121m profit, reports strong lending growth
Kıbrıs Cyprus Mail

Bank of Cyprus posts €121m profit, reports strong lending growth

The Bank of Cyprus (BoC) on Monday reported a profit after tax of €121 million for the quarter ended March 31, 2026, supported by strong lending growth, resilient asset quality and robust capital generation. The bank also posted a return on tangible equity (ROTE) of 18.0 per cent during the first quarter of 2026, while […]

11.05.2026 11:11
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Visa selects seven startups from Cyprus, Greece, and Malta for innovation hub
Kıbrıs Cyprus Mail

Visa selects seven startups from Cyprus, Greece, and Malta for innovation hub

Visa has selected seven fintechs from Greece, Cyprus and Malta for the 2026 cycle of the Visa Innovation Programme Europe, as applications from the three markets rose by around 50 per cent year-on-year, pointing to growing momentum across the regional fintech ecosystem. Now in its eighth cycle, the programme is designed to support fintech growth, strengthen […]

11.05.2026 11:00
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Treasury office launches interactive digital tool to track state budget
Kıbrıs Cyprus Mail

Treasury office launches interactive digital tool to track state budget

The treasury office has launched a new digital tool allowing citizens to monitor the implementation of the state budget through open, interactive data, accountant general Andreas Antoniades said. Speaking to the Cyprus News Agency (CNA), Antoniades said that the platform, based on Microsoft Power BI, forms part of the wider digital transformation of fiscal management […]

11.05.2026 10:58
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More than 568,500 voters registered for May 24 elections
Kıbrıs Cyprus Mail

More than 568,500 voters registered for May 24 elections

A total of 568,587 voters are registered for the parliamentary elections on May 24, the chief returning officer announced on Monday. The officer also confirmed that 1,217 polling stations will operate across Cyprus and abroad for the parliamentary elections and the election of the representative of the Maronite religious group. Nicosia has the largest number […]

11.05.2026 10:49
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Historic milestone: Paphos team awarded at world robotics championship in Texas
Kıbrıs Cyprus Mail

Historic milestone: Paphos team awarded at world robotics championship in Texas

Team 22222 Robobober from Lumio Private School has achieved a historic milestone, securing third place in the Sustain Award category at the FIRST Tech Challenge World Championship, held in Houston, Texas from 29 April to 2 May 2026. The FIRST Championship is one of the world’s largest robotics events, featuring 20,000 participants from more than […]

11.05.2026 10:27
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Alphamega announces route for 10th ‘I Cycle for One Euro’ charity drive
Kıbrıs Cyprus Mail

Alphamega announces route for 10th ‘I Cycle for One Euro’ charity drive

At a press conference held on May 6, 2026, ALPHAMEGA Hypermarkets presented the 10th anniversary cycling route of Marina Theodorou, “I Cycle for One Euro”, which, since 2021 has been held as part of the extensive Corporate Social Responsibility programme “Child – Nutrition and Health” by ALPHAMEGA Hypermarkets. The initiative aims to promote balanced nutrition […]

11.05.2026 10:11
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Today’s reality seen through the lens of dance
Kıbrıs Cyprus Mail

Today’s reality seen through the lens of dance

Coming up soon is the On Bodies Festival 2026 celebrating dance and performance and in recent years it focuses on dance’s relation with today’s reality. Between May 15 and 17, Dance House Lefkosia will present a rich programme of choreographic works, improvisations, performance lectures, parties and much more! Building on last year’s theme of healing […]

11.05.2026 09:55
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Two food delivery drivers attacked twice in one night
Kıbrıs Cyprus Mail

Two food delivery drivers attacked twice in one night

Two food delivery drivers aged 22 and 21 told the police they had been assaulted by a group of masked people in Paphos. The police said on Monday the two drivers said they had been attacked on Saturday between 9pm and 9.30pm while they were driving in Paphos. The group of people hurled stones, sticks […]

11.05.2026 09:30
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Winding up of companies and the limits of the creditor
Kıbrıs Cyprus Mail

Winding up of companies and the limits of the creditor

The procedure for winding up a company on the grounds of inability to pay its debts constitutes a powerful, yet highly regulated tool for creditors. It is not a simple debt collection mechanism, but a measure with serious consequences for the very existence of the company. For this reason, both legislation and case law have […]

11.05.2026 09:26
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Four suspects sent to criminal court trial over 1kg cocaine
Kıbrıs Cyprus Mail

Four suspects sent to criminal court trial over 1kg cocaine

Four people arrested with over 1kg of cocaine were on Monday referred to the criminal court in Paphos and will remain in custody until their trial begins on June 15. The suspects, two aged 32, one aged 28 and one 18, and are charged inter alia with conspiracy to commit a crime, illegal possession of […]

11.05.2026 09:20
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Police identify hit-and-run driver who fled with man on bonnet
Kıbrıs Cyprus Mail

Police identify hit-and-run driver who fled with man on bonnet

The police have identified the driver who hit a 65-year-old on the motorway from Rizoelia to Kalo Chorio, in Larnaca, last week and drove a distance with the victim hanging onto his bonnet. Police spokesman Vyron Vyronos told state TV that the driver was identified and an arrest warrant has been issued. The vehicle appearing […]

11.05.2026 08:52
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Three arrested for assault in Limassol, victim in hospital
Kıbrıs Cyprus Mail

Three arrested for assault in Limassol, victim in hospital

Three people were arrested on Sunday in connection with conspiracy to commit a crime, possession of an assault weapon and causing injury. The police said that at around 5am on Sunday, a 20-year-old reported that while he was walking in Limassol at approximately 1am, a car stopped next to him, three unknown people got out […]

11.05.2026 08:39
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Supply relief for global chip market unlikely before 2027, analysts warn
Kıbrıs Cyprus Mail

Supply relief for global chip market unlikely before 2027, analysts warn

Market intelligence firm Omdia has significantly increased its semiconductor revenue forecast for 2026 to 62.7 per cent, pointing to unprecedented growth in DRAM and NAND markets driven by sustained demand and ongoing supply shortages. The revised outlook reflects continued constraints in memory supply, which are expected to persist throughout the year and underpin strong pricing […]

11.05.2026 08:30
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