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Motorcycle learners face new restrictions
Kıbrıs Cyprus Mail

Motorcycle learners face new restrictions

The road transport department has announced that changes to learner motorcycle licensing will take effect from the first of next month, introducing stricter rules requiring learner riders to be shadowed on public roads during training. Under the new framework, learner riders will only be permitted to operate motorcycles on public roads for training purposes and […]

19.06.2026 16:05
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EU banking assets grow while profitability remains steady
Kıbrıs Cyprus Mail

EU banking assets grow while profitability remains steady

The European Central Bank (ECB) released its consolidated banking data on Friday, revealing that total assets held by EU-headquartered credit institutions rose by 1.6 per cent to reach €33.50 trillion by the end of December 2025. During this same period, the aggregate non-performing loans ratio for the EU banking system remained stable at 1.97 per […]

19.06.2026 16:02
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Iran to lodge FIFA complaint over World Cup travel restrictions
Kıbrıs Cyprus Mail

Iran to lodge FIFA complaint over World Cup travel restrictions

Iran plans to lodge a complaint with football’s world governing body FIFA over travel restrictions its team is facing in the U.S. at the World Cup. Due to uncertainty over visas and the conflict with the U.S., the Iranian team are commuting from their tournament base in co-host Mexico for their three group games in […]

19.06.2026 15:53
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Limassol institution that still gets the basics right
Kıbrıs Cyprus Mail

Limassol institution that still gets the basics right

When I booked a table at Ship Inn for a Monday evening, I expected a relatively quiet outing on what is usually one of the least busy nights of the week, particularly after the regular football season has wrapped up and the 2026 World Cup hasn’t started yet. Yet the renowned Limassol pub was buzzing […]

19.06.2026 15:30
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Rialto World Music Festival pumps up the volume
Kıbrıs Cyprus Mail

Rialto World Music Festival pumps up the volume

Summer in Cyprus is about to get busier as more annual events make their comeback. In Limassol, the Rialto Theatre is working towards the realisation of a long-standing cultural institution – the Cyprus Rialto World Music Festival. Back this July 8 to 21 for its 21st edition, the festival will fill summer evenings with musical […]

19.06.2026 15:29
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Fuel prices expected to fall further
Kıbrıs Cyprus Mail

Fuel prices expected to fall further

The preliminary agreement between the United States and Iran is expected to lead to further reductions in fuel prices, the energy ministry said on Monday. “There was a de-escalation in both crude oil prices and refinery prices,” consumer protection service director Constantinos Karagiorgis said. According to ministry data, the average price of unleaded 95 petrol […]

19.06.2026 15:28
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Middle East conflict hits Cyprus economic outlook
Kıbrıs Cyprus Mail

Middle East conflict hits Cyprus economic outlook

The Central Bank of Cyprus (CBC) on Friday revised down its forecasts for economic growth in 2026 and 2027, citing the continuing war in the Middle East and warning that risks remain skewed towards weaker growth and higher inflation. Under its June 2026 projections, the central bank lowered its forecast for gross domestic product (GDP) […]

19.06.2026 15:25
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African lawmakers back push for tougher anti-LGBT laws after Ghana conference
Kıbrıs Cyprus Mail

African lawmakers back push for tougher anti-LGBT laws after Ghana conference

Lawmakers from more than a dozen African countries have pledged to push new bills restricting LGBT rights, after a conference in Ghana that brought together self-described “pro-family” activists from across Africa and Europe, participants said. The African Inter-Parliamentary Conference on Family Values and Sovereignty took place in Accra on June 3–6, a week after Ghana’s […]

19.06.2026 14:38
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EU leaders set to clash over bloc’s next seven-year budget
Kıbrıs Cyprus Mail

EU leaders set to clash over bloc’s next seven-year budget

European Union leaders headed for a clash over the bloc’s budget on Friday after both net contributors and beneficiaries criticised an initial proposal on what the EU should pay for from 2028 to 2034 – and where the money should come from. The EU budget is how the 27-member bloc finances all of its policies […]

19.06.2026 14:34
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In Cyprus first, gymnast has new move named after her
Kıbrıs Cyprus Mail

In Cyprus first, gymnast has new move named after her

Cyprus rhythmic gymnast Vera Tugolukova has had a new element, called the Tugolukovas Pivot, named after her by World Gymnastics (FIG), the governing body for gymnastics, the Cyprus Athletics Organisation said on Friday. “The Tugolukovas Pivot will now be part of the sport’s global history, and Vera’s name will remain recorded in the FIG Code […]

19.06.2026 14:08
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As the Crypto bear market deepens, SaintQuant points to quantitative strategies built for falling markets
Kıbrıs Cyprus Mail

As the Crypto bear market deepens, SaintQuant points to quantitative strategies built for falling markets

With Bitcoin down roughly 45% from its October 2025 highs, SaintQuant describes how market-neutral, AI-driven strategies are designed to pursue stable returns regardless of price direction. CAIRNS, Queensland — June 18, 2026 — The cryptocurrency market is in the grip of a prolonged downturn. Bitcoin, which traded above $120,000 last October, has fallen into the […]

19.06.2026 13:56
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“THE CHRISTMAS CAROLS” WINS 3 IRIS AWARDS 2026
Kıbrıs Cyprus Mail

“THE CHRISTMAS CAROLS” WINS 3 IRIS AWARDS 2026

The successful Greek production won three awards at the Iris Awards of the Greek Academy of Cinema. June 2026 – “The Christmas Carols” has turned its Iris Award nominations into wins. The local box office success, directed by Christos Kanakis, has taken home 3 Iris Awards 2026 for Best Production Design, Best Costume Design, and […]

19.06.2026 13:43
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Shipping cautiously returns to Strait of Hormuz
Kıbrıs Cyprus Mail

Shipping cautiously returns to Strait of Hormuz

Strait of Hormuz traffic rises, but security risks continue to slow full return to normality  Ships have begun leaving the Persian Gulf after the US and Iran agreed to ease restrictions around the Strait of Hormuz, allowing traffic through one of the world’s most important energy routes to gradually resume.  Tankers, liquefied natural gas carriers and vehicle carriers are […]

19.06.2026 13:38
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Digital payments move from convenience layer to financial infrastructure as Europe’s regulatory landscape shifts
Kıbrıs Cyprus Mail

Digital payments move from convenience layer to financial infrastructure as Europe’s regulatory landscape shifts

For much of the past decade, digital payments were discussed primarily in terms of convenience – faster checkout, simpler transfers, less paperwork. That framing is now outdated. Digital payments have become part of the core infrastructure of the European financial system, and the regulatory response reflects that shift. The European Central Bank’s most recent payments […]

19.06.2026 13:37
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Nicosia aims to become a premier destination for accessible sports tourism
Kıbrıs Cyprus Mail

Nicosia aims to become a premier destination for accessible sports tourism

Strovolos and the wider Nicosia area are set to be promoted as a model accessible sports and tourism destination through the implementation of the European project SPORTS4ALL. The 24-month project, which is being carried out under the Interreg VI-A Greece-Cyprus Cooperation Programme, will run from December 2025 until December 2027. The partnership behind the initiative […]

19.06.2026 13:05
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Startups need customers before investors, says seasoned entrepreneur
Kıbrıs Cyprus Mail

Startups need customers before investors, says seasoned entrepreneur

‘Europe needs ecosystems, not just capital’ Europe’s long-term competitiveness will depend less on the amount of money available to startups and more on the strength of the ecosystems supporting them, according to seasoned entrepreneur, policy advisor and angel investor Ana Barjasic. Speaking to the Cyprus Mail on the sidelines of the 2026 European Innovation Council […]

19.06.2026 13:02
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Cyprus stock exchange extends suspension for four firms
Kıbrıs Cyprus Mail

Cyprus stock exchange extends suspension for four firms

The Cyprus Stock Exchange (CSE) announced on Friday that it has extended the suspension of trading for shares of four companies listed on its Emerging Companies Market for an additional two months. This decision, effective until August 24, 2026, affects Rianeson Investments Plc, G.A.P. Vassilopoulos Public Ltd, A.J. Green Shell Plc, and K. Kouimtzis S.A. […]

19.06.2026 12:31
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Investigations into disappearance of Bangladeshi student continue
Kıbrıs Cyprus Mail

Investigations into disappearance of Bangladeshi student continue

Larnaca police on Friday said investigations into the 22-year-old Bangladeshi student missing from his home in Oroklini since last week are continuing. “As part of the examinations, all technological tools are being utilised to locate the 22-year-old and/or the places he was or visited from the moment he left his place of residence,” police said. […]

19.06.2026 12:17
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Logicom sales decline amid weaker activity in key markets
Kıbrıs Cyprus Mail

Logicom sales decline amid weaker activity in key markets

Logicom Public Ltd reported a sharp drop in profit attributable to shareholders for the first quarter of 2026, falling by 55.2 per cent to €10.7m, compared with €23.9m in the same period last year, according to the company’s interim management report.  The decline was mainly attributed to the lower write-off of negative goodwill from the acquisition of investments, as well as reduced turnover, gross profit and other income.  […]

19.06.2026 12:15
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