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Eurobank spends over €2.4m on share buyback programme
Kıbrıs Cyprus Mail

Eurobank spends over €2.4m on share buyback programme

Greek lender Eurobank S.A. executed a €2.46 million share buyback between July 27, 2026 and July 31, 2026 as part of its ongoing capital management programme, the Greek lender announced on August 3, 2026. The transaction saw the financial institution repurchase a total of 556,717 own shares traded on the Euronext Athens exchange over the […]

03.08.2026 10:34
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Cyprus property valuation association warns against relying on online estimates
Kıbrıs Cyprus Mail

Cyprus property valuation association warns against relying on online estimates

A Cyprus Chamber of Commerce and Industry (Keve) member association representing property valuers has warned that online property valuation tools and automated valuation systems should only be treated as indicative estimates and cannot replace assessments carried out by qualified professionals. Specifically, the property valuers’ association, responding to the growing use of digital platforms and automated […]

03.08.2026 10:26
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Erhurman renews call for weekly meetings with Christodoulides
Kıbrıs Cyprus Mail

Erhurman renews call for weekly meetings with Christodoulides

Turkish Cypriot leader Tufan Erhurman on Monday renewed his call upon President Nikos Christodoulides to meet him once a week so as to complete what he described as the “homework” set by United Nations Secretary-General Antonio Guterres during his visit to the island last week. He said that Guterres’ statements at the end of last […]

03.08.2026 10:13
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Local govt reform will ultimately be judged by quality of services
Kıbrıs Cyprus Mail

Local govt reform will ultimately be judged by quality of services

July marked two years since the implementation of Cyprus’ local government reform, one of the most significant institutional reforms undertaken by the Republic of Cyprus since its accession to the European Union. The amalgamation of municipalities, the establishment of the District Government Organisations and the transfer of substantial powers from the central government represent a […]

03.08.2026 09:32
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Man arrested for growing cannabis in house
Kıbrıs Cyprus Mail

Man arrested for growing cannabis in house

A 35-year-old man has been arrested after the police discovered that he was growing cannabis using specially designed facilities inside a house in the Nicosia district, the police said on Monday. The police found two cannabis grow tents inside one of the house’s bedrooms, alongside a total of nine cannabis plants, which ranged in height […]

03.08.2026 09:14
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The productions of the upcoming Cyprus Choreography Showcase
Kıbrıs Cyprus Mail

The productions of the upcoming Cyprus Choreography Showcase

Eight productions have been selected to be part of the 4th Cyprus Choreography Showcase, which will take place from 18-20 September, 2026 at Rialto Theatre in Limassol. Organised by the Department of Contemporary Culture of the Deputy Ministry of Culture and the Rialto Theatre, the showcase is going to fill the city with dance works […]

03.08.2026 09:14
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Cypriot govt sends €200k worth of humanitarian aid to Lebanon
Kıbrıs Cyprus Mail

Cypriot govt sends €200k worth of humanitarian aid to Lebanon

The Cypriot government has shipped around €200,000 worth of humanitarian aid to Lebanon, the foreign ministry said on Monday. The shipment comprised a total of 31 containers, which the foreign ministry said contained “pharmaceuticals and consumables”, and departed from the port of Limassol last week. With the ship having “already” arrived at the port of […]

03.08.2026 08:54
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€600 to record everything. What could go wrong?
Kıbrıs Cyprus Mail

€600 to record everything. What could go wrong?

Adonis Georgiadis used a debate in the Greek parliament at the end of July to explain why he had bought Ray-Ban Meta glasses. “Whoever wants to insult me, spit at me or hit me, I will have it on camera,” the Greek health minister said, adding that “I’ll press the little button and record everything.” […]

03.08.2026 08:51
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Why AI automation needs human judgement in cybersecurity
Kıbrıs Cyprus Mail

Why AI automation needs human judgement in cybersecurity

Artificial intelligence is not only replacing routine work but also creating a major new demand for verifying its outputs, a trend largely overlooked in industry debate, according to a recent piece of analysis by Shilpi Handa, associate research director at market intelligence firm IDC. Every discussion about AI has focused on the risk that it […]

03.08.2026 08:50
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Lemissoler launches first methanol-ready bulkers
Kıbrıs Cyprus Mail

Lemissoler launches first methanol-ready bulkers

Limassol-based Lemissoler Navigation has named MV Lem Azalea and MV Lem Plumeria, the first two vessels in its four-ship dual-fuel methanol newbuilding programme. The naming ceremony took place end of July. The two 65,000-dwt carriers were built by CSSC Huangpu Wenchong Shipbuilding in cooperation with China Shipbuilding Trading Co. Both vessels will operate under charter […]

03.08.2026 08:38
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Yellow weather warning in place for high temperatures
Kıbrıs Cyprus Mail

Yellow weather warning in place for high temperatures

The met office on Monday issued a yellow weather warning for high temperatures, which will be in force for three hours during the afternoon. The warning will be in place between 2pm and 5pm, with inland temperatures set to reach 40 degrees Celsius inland. Elsewhere, temperatures are set to reach maximums of 31 degrees Celsius […]

03.08.2026 08:30
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Euro area firms embrace AI but deep adoption still limited
Kıbrıs Cyprus Mail

Euro area firms embrace AI but deep adoption still limited

Euro area firms rapidly expanded their use of artificial intelligence in 2025, with around 70 per cent reporting some level of adoption, according to a new European Central Bank (ECB) study based on surveys conducted in June and December 2025. An ECB occasional paper by Annalisa Ferrando, Sara Lamboglia, Judit Rariga and Maurice Schmidt drew […]

03.08.2026 08:30
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Today’s weather: Hot, sunny, 40 degrees again
Kıbrıs Cyprus Mail

Today’s weather: Hot, sunny, 40 degrees again

Monday’s weather will be mostly hot and sunny across most of the island, with temperatures set to rise to 40 degrees Celsius inland, 31 degrees Celsius on the west coast, 34 degrees Celsius on the rest of the coasts, and 30 degrees Celsius in the mountains. Overnight, the skies will remain largely clear, though tempered […]

03.08.2026 08:23
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Rising costs and tensions hit global display demand outlook
Kıbrıs Cyprus Mail

Rising costs and tensions hit global display demand outlook

Global large-area OLED display shipments are projected to surge by 18.8 per cent year-on-year to 38.8 million units in 2026, according to new data released by Omdia. The firm’s latest market tracker indicates that growth will be driven primarily by OLED displays used in monitors and notebook computers, segments where Korean manufacturers continue to dominate. […]

03.08.2026 08:00
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EU electric car registrations surge with Cyprus following the same trend
Kıbrıs Cyprus Mail

EU electric car registrations surge with Cyprus following the same trend

The European Union’s electric vehicle market rebounded strongly in 2025, while Cyprus continued its gradual shift towards electrified transport with hybrid cars accounting for more than half of new passenger saloon car registrations during the first half of 2026. Eurostat figures showed that 1.89 million new battery-only electric passenger cars were registered across the EU […]

03.08.2026 07:30
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Cyprus economic outlook brightens as business confidence strengthens
Kıbrıs Cyprus Mail

Cyprus economic outlook brightens as business confidence strengthens

Cyprus’ economic sentiment continued to improve in July 2026, supported by stronger confidence among businesses in the services and retail trade sectors, according to the latest business and consumer surveys published by the Economics Research Centre of the University of Cyprus (CypERC). The centre said the Economic Sentiment Indicator (ESI-CypERC) increased by 0.7 points compared […]

03.08.2026 07:10
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What happens when holidays plan themselves?
Kıbrıs Cyprus Mail

What happens when holidays plan themselves?

Organising a holiday is one of the few ways I can turn five days of rest into a part-time administrative position.  I open seventeen browser tabs, compare the same flight six times and eventually return to the first one after its price has risen. There will be an airline tab, a hotel tab and several restaurants I save with […]

03.08.2026 07:00
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