Sir Stelios keeps his seat in £5.7bn easyJet takeover
Kıbrıs Cyprus Mail

Sir Stelios keeps his seat in £5.7bn easyJet takeover

EasyJet founder Sir Stelios Haji-ioannou and his family will remain significant shareholders in the airline after its proposed £5.7 billion takeover by US investment firm Apollo, bringing an end to a bidding contest for one of Europe’s largest low-cost carriers. The British airline confirmed on Thursday that its board had agreed to the terms of […]

07.08.2026 07:52
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Cyprus Business Now: banks, inflation, real estate, Hassabis, GDP, Sainni
Kıbrıs Cyprus Mail

Cyprus Business Now: banks, inflation, real estate, Hassabis, GDP, Sainni

Cyprus’ construction sector maintained strong growth momentum in the first half of 2026, supported by a robust pipeline of new projects, rising property demand and continued investment activity, according to a report by Eurobank Research. The report said that first quarter data confirmed the sector’s resilience, with building permits, construction output, mortgage lending and business confidence all […]

07.08.2026 07:30
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OceanPal sells remaining vessels to Paliou affiliate in pivot to crypto and AI
Kıbrıs Cyprus Mail

OceanPal sells remaining vessels to Paliou affiliate in pivot to crypto and AI

Greek shipowner Semiramis Paliou has taken back OceanPal’s remaining fleet through an affiliated company, closing the shipping chapter of a business spun off from Diana Shipping less than five years ago.  Nasdaq-listed OceanPal announced that it sold its entire interest in shipowning subsidiary OP Vessel Holdco to Sezali Inc on July 31. Sezali is affiliated with Paliou, OceanPal’s former chairwoman and the current chief executive of Diana Shipping.  However, Diana Shipping itself was not the buy

07.08.2026 06:30
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UK services sector returns to growth as business confidence rebounds
Kıbrıs Cyprus Mail

UK services sector returns to growth as business confidence rebounds

Britain’s dominant services sector returned to growth last month as new orders picked up, according to a survey by ​S&P Global that showed expectations for activity in the ‌next 12 months were the highest since before the start of the Iran war in February. The S&P Global UK Services Purchasing Managers’ Index (PMI), published this […]

07.08.2026 06:00
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Israel scientists target invasive pest devastating Cyprus’ prickly pears
Kıbrıs Cyprus Mail

Israel scientists target invasive pest devastating Cyprus’ prickly pears

Israeli scientists have released around 200 predatory beetles in Cyprus in order to save the island’s prickly pear trees from a destructive invasive species. According to Israeli newspaper Yedioth Ahronoth, Cyprus requested assistance from Israel’s agriculture ministry and the Volcani agricultural research institute to tackle Dactylopius opuntiae, an invasive insect which has destroyed up to […]

07.08.2026 04:25
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Our View: Interior ministry risks credibility by bowing to ID pressure
Kıbrıs Cyprus Mail

Our View: Interior ministry risks credibility by bowing to ID pressure

The debate over whether the names of the father and mother should be included on a person’s ID card was re-kindled last week after the interior ministry announced that the fields of the names of parents had been removed from biometric ID cards issued in July. The decision had been taken by the Civil Registry […]

07.08.2026 04:20
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Famagusta water network to undergo smart management upgrade
Kıbrıs Cyprus Mail

Famagusta water network to undergo smart management upgrade

The Famagusta District Local Government Organisation (EOA) has signed a cooperation agreement with the KIOS Research and Innovation Centre of Excellence to improve the efficiency, reliability and long-term sustainability of the district’s water supply network. The nine-month research project, with a budget of €76,000, will develop hydraulic models, a monitoring and reporting system, and other […]

06.08.2026 21:21
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EasyJet agrees $7.7 billion takeover by Apollo as Castlelake walks away
Kıbrıs Cyprus Mail

EasyJet agrees $7.7 billion takeover by Apollo as Castlelake walks away

Apollo Global has agreed to buy easyJet in a deal that values the European budget airline at about £5.70 billion ($7.7 billion), the companies said on Thursday, as rival suitor Castlelake abandoned its pursuit. The deal ends months of uncertainty surrounding one of Europe’s biggest low-cost airlines as the industry grapples with rising costs from […]

06.08.2026 19:30
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The 44th Lefkara Festival kicks off tomorrow
Kıbrıs Cyprus Mail

The 44th Lefkara Festival kicks off tomorrow

Every season, whether it is Christmas or summer, Lefkara Municipality puts together an exciting agenda of things to do, see, browse and taste. Local artisans, craftspeople, tourists, residents and visitors get together to enjoy its rich programme of cultural events and this August, a packed three-week agenda is on as the 44th Lefkara Festival takes […]

06.08.2026 19:18
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In Ukraine’s Zaporizhzhia, Russia spreads fear with ‘safari’ strikes on civilians
Kıbrıs Cyprus Mail

In Ukraine’s Zaporizhzhia, Russia spreads fear with ‘safari’ strikes on civilians

When two Russian bombs hit Kateryna Lahuta’s seafood business in Ukraine’s southeastern city of Zaporizhzhia last month, they shattered the last semblance of security for the 41-year-old entrepreneur. Since the first weeks of their 2022 invasion, Moscow’s forces have been dug in just south of Zaporizhzhia, a key manufacturing city of around 700,000 people, hammering […]

06.08.2026 19:16
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Uruguay appoint Forlan as head coach after World Cup debacle
Kıbrıs Cyprus Mail

Uruguay appoint Forlan as head coach after World Cup debacle

Diego Forlan has been named head coach of Uruguay’s senior and Under-20s sides, the country’s FA (AUF) announced on Thursday. The 47-year-old former Manchester United, Atletico Madrid and Inter Milan forward succeeds Marcelo Bielsa, who left after a winless group-stage exit in Uruguay’s World Cup campaign. Forlan will begin his tenure immediately with the Under-20 […]

06.08.2026 19:11
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Teenager arrested over suspected arson at former Corner pub building
Kıbrıs Cyprus Mail

Teenager arrested over suspected arson at former Corner pub building

Police have arrested a 16-year-old boy in connection with a suspected arson attack at the abandoned former Corner pub building in Nicosia. The fire broke out at around 4.30pm on Wednesday, prompting a response from both police and the fire service, who brought the blaze under control. Subsequent examinations at the scene concluded that the […]

06.08.2026 18:53
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IKEA’s new limited edition KOMPISHÄNG collection designed for life on the move
Kıbrıs Cyprus Mail

IKEA’s new limited edition KOMPISHÄNG collection designed for life on the move

IKEA has unveiled the new KOMPISHÄNG limited-edition collection, created to complement the way young people live today by offering comfort, flexibility and functionality for a lifestyle that is constantly evolving. Inspired by the lifestyles of young people living in major cities, the KOMPISHÄNG collection has been designed by a new generation of designers who have […]

06.08.2026 18:40
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Proposed Hormuz passage deal not feasible for shipping industry, sources say
Kıbrıs Cyprus Mail

Proposed Hormuz passage deal not feasible for shipping industry, sources say

A proposed deal between Iran and Oman that would give Tehran control over ships entering the Gulf through the Strait of Hormuz is not easily workable due to U.S. sanctions and restrictive insurance clauses on any payments, four industry sources said. Until U.S.-Israeli airstrikes at the end of February unleashed war in Iran, the narrow […]

06.08.2026 18:03
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Real Madrid agree deal to sign Diomande until 2033
Kıbrıs Cyprus Mail

Real Madrid agree deal to sign Diomande until 2033

Real Madrid have reached an agreement with RB Leipzig to sign Ivory Coast winger Yan Diomande, the Spanish club said on Thursday, with media reports saying the transfer could become the most expensive in the club’s history. Financial details were not disclosed, but Spanish newspaper MARCA reported that the deal could be worth up to€125 […]

06.08.2026 18:01
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Larnaca airport road to reopen on Friday
Kıbrıs Cyprus Mail

Larnaca airport road to reopen on Friday

Road access to the arrivals at Larnaca airport will be reopened to the public on Friday, the justice ministry announced on Thursday. The decision was taken on the initiative of Justice Minister Costas Fitiris following a recent meeting held to address congestion at the airport. The ministry described the reopening as a result of a […]

06.08.2026 17:10
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French investor’s entry gives Great Sea Interconnector ‘new momentum’, Damianos says
Kıbrıs Cyprus Mail

French investor’s entry gives Great Sea Interconnector ‘new momentum’, Damianos says

Energy Minister Michael Damianos on Thursday welcomed the entry of French investment group Meridiam as the majority shareholder in the Great Sea Interconnector (GSI), saying the move gives the project “tremendous new momentum” and demonstrates the shared commitment of Cyprus and Greece to delivering the electricity link. Speaking after the first cabinet meeting following the […]

06.08.2026 17:01
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Israel charges settler in Palestinian activist’s killing, in rare indictment
Kıbrıs Cyprus Mail

Israel charges settler in Palestinian activist’s killing, in rare indictment

Israeli prosecutors on Thursday charged a Jewish settler over the killing of a Palestinian community leader last year in the occupied West Bank – the first indictment of a settler in a Palestinian’s death in nearly three years. In an indictment filed by the State Attorney’s office, Yinon Levi is charged with reckless manslaughter in […]

06.08.2026 16:32
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Five face trial over alleged plot targeting Israeli interests
Kıbrıs Cyprus Mail

Five face trial over alleged plot targeting Israeli interests

Five men accused of terrorism offences connected to an alleged plot targeting Israeli interests in Cyprus were committed for trial on Thursday before the Larnaca criminal court, with proceedings set to begin on October 14. The defendants, aged 32, 33, 38, 41 and 54, appeared before the Larnaca district court in a closed hearing, where […]

06.08.2026 16:27
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Limassol launches €9.2m project to replace ageing water network
Kıbrıs Cyprus Mail

Limassol launches €9.2m project to replace ageing water network

Work has begun on a €9.2 million project to replace around 100 kilometres of ageing water pipelines in central Limassol, in a move aimed at improving water quality, reducing leaks and lowering maintenance costs, the Limassol district government (EOA) announced on Thursday. Speaking at the launch ceremony, EOA president Yiannis Tsouloftas said the project, funded […]

06.08.2026 16:23
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Guterres’ roadmap aims for ‘serious process’ on Cyprus problem, Dana says
Kıbrıs Cyprus Mail

Guterres’ roadmap aims for ‘serious process’ on Cyprus problem, Dana says

The roadmap put forward for the next steps on the Cyprus problem by United Nations Secretary-General Antonio Guterres during his visit to the island last week aims to bring about a “serious preparatory process” with the goal of a “productive” enlarged meeting later in the year, Turkish Cypriot leader Tufan Erhurman’s undersecretary Mehmet Dana said […]

06.08.2026 16:15
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