Cyprus Mail

Kıbrıs 23.01.2026 08:10

Cyprus-based fintech rides record year for stablecoin adoption

Cyprus-based INXY Payments has reported a sharp global acceleration in stablecoin adoption across multiple industries, as the Limassol-headquartered fintech revealed that it had surpassed $2 billion in annual transaction volume. The company said this milestone represents 500 per cent year-on-year growth, based on internal analytics drawn from its stablecoin-powered financial infrastructure platform for global businesses. […]

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Kıbrıs 23.01.2026 08:04

‘Armada’ heading towards Persian Gulf says President Trump

President Donald Trump said that the United States has an “armada” heading toward Iran but hoped he would not have to use it, as he renewed warnings to Tehran against killing protesters or restarting its nuclear program. U.S. officials, speaking on condition of anonymity, say the aircraft carrier USS Abraham Lincoln and several guided-missile destroyers […]

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Kıbrıs 23.01.2026 08:00

Cyprus bucks EU trend by recording consistent government surplus

Cyprus recorded a provisional general government surplus of 2.4 per cent of its GDP in the third quarter of 2025, according to seasonally adjusted data released by Eurostat this week. This performance stands in sharp contrast to the broader euro area, where the deficit-to-GDP ratio increased to 3.2 per cent during the same period. The […]

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Kıbrıs 23.01.2026 07:55

Trump revokes Canada’s invitation to join Board of Peace

President Donald Trump withdrew an invitation for Canada to join his Board of Peace initiative aimed at resolving global conflicts. Trump’s about face follows Canadian Prime Minister Mark Carney’s speech at the World Economic Forum in Davos, where he openly decried powerful nations using economic integration as weapons and tariffs as leverage. “Please let this […]

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Kıbrıs 23.01.2026 07:50

Women-led startups in Cyprus eligible for European funding programme

The Cyprus Chamber of Commerce and Industry (Keve) has shared details regarding an exciting funding opportunity for women-led deep-tech startups. As the coordinator of the Enterprise Europe Network in Cyprus, the chamber is facilitating the WE-RISE Open Call 2 which focuses on the GreenTech, AgriTech, and ClimateTech sectors. WE-RISE is a Horizon Europe-funded initiative designed […]

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Kıbrıs 23.01.2026 07:40

Greek investors to be briefed on Cyprus tax advantages

The Cyprus Chamber of Commerce and Industry (Keve) announced this week that a presentation of the new tax reform of Cyprus will take place in Athens on March 6, 2026. The event is scheduled to be held at the B&M Theocharakis Foundation Amphitheatre as part of the established series titled ‘Business Presentations of the Cypriot […]

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Kıbrıs 23.01.2026 07:30

Cyprus Business News: Keravnos, hybrid working, shipping, surplus

Cyprus secured record-breaking investor demand when it issued a €1 billion 10-year government bond on January 21, according to Finance Minister Makis Keravnos and detailed data released by the Public Debt Management Office. In statements made on Thursday, the minister described the €16.50 billion in total offers as a historic milestone. “The Republic of Cyprus asked for offers of €1 billion and received […]

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Kıbrıs 23.01.2026 06:00

Airlines face new liability risks from AI and greenwashing, IATA says

The International Air Transport Association (IATA) will hold the 2026 edition of the World Legal Symposium (WLS) from February 17 to 19 in Warsaw, Poland, with the event hosted by LOT Polish Airlines under the theme ‘Liability in a Changing World’. Set against an increasingly complex operating environment, the symposium will focus on both long-standing […]

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Kıbrıs 23.01.2026 04:24

Cypriot MEP calls for Europe to adapt to defend itself against drone warfare

Cypriot member of the European Parliament Costas Mavrides on Thursday called on the European Union to adapt its defence capabilities so as to be able to protect itself against drone warfare. “Geopolitical developments, technology, and the experience of Ukraine make the use of drones the defining tool in the modern warfare of hybrid attacks and […]

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Kıbrıs 23.01.2026 04:20

Our View: Right call to skip Trump’s ‘peace board’

President Nikos Christodoulides made the right decision in staying away from the World Economic Forum in Davos and, most importantly, Thursday’s launch event for President Donald Trump’s ‘board for peace.’ The government was rejoicing on Sunday when it was announced that the Cyprus Republic was one of the 50 countries invited to participate in the […]

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Kıbrıs 22.01.2026 23:01

UN agencies take responsibility for IS camps in Syria after Kurds retreat

The United Nations said on Thursday it was taking management responsibility for vast camps in Syria housing tens of thousands of women and children associated with Islamic State, after the rapid collapse of Kurdish-led forces who guarded them for years. Iraq, which has begun taking in detainees transferred from prisons in Syria as the Kurds […]

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Kıbrıs 22.01.2026 22:52

US military assets heading to Middle East even as Trump backs off toughest Iran rhetoric

A U.S. military aircraft carrier strike group and other assets will arrive in the Middle East region in the coming days, two U.S. officials said on Thursday, even as U.S. President Donald Trump voices hopes of avoiding new military action against Iran. U.S. warships including the aircraft carrier USS Abraham Lincoln, several destroyers and fighter […]

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Kıbrıs 22.01.2026 22:01

Man dead after car accident in Limassol

A 63-year-old driver died on Thursday after colliding with another vehicle in Limassol, with police suspecting the man may have suffered cardiac arrest while behind the wheel. The deceased has been named as Giorgos Michael, from Zakaki village. The accident occurred around 4.30pm. At one point, said police, Michael’s vehicle veered to the right and […]

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Kıbrıs 22.01.2026 21:03

Bronze Age and medieval finds unearthed at Amargeti archaeological site

Archaeologists from the University of Graz have identified evidence of human activity in and around the village of Amargeti in Paphos, spanning from the Bronze Age to the Middle Ages, following a field survey carried out in October of last year. According to the antiquities department, the survey revealed material from multiple periods across several […]

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Kıbrıs 22.01.2026 20:42

Parliament extends deadline for unlicensed hotels with special permit scheme

Hotels and tourist premises operating without a full license got yet another reprieve on Thursday, as parliament voted through a law allowing them to acquire a ‘special operating permit’. The businesses had been granted until November 2025 to get all their paperwork in order – compliance with fire protection as well as sanitary requirements – […]

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Kıbrıs 22.01.2026 20:15

Talk of Trump intervening on Cyprus problem ‘a rumour’, Erhurman says

Talk of United States President Donald Trump intervening on the Cyprus problem is nothing more than “a rumour”, Turkish Cypriot leader Tufan Erhurman said. “We have not received anything officially. I do not think these statements very accurate,” he told television channel Kanal Sim. However, he did note that “in the current conjuncture, it has […]

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Kıbrıs 22.01.2026 19:33

Consumers demand supermarket names in e-Kalathi data

The consumer protection service should name the supermarkets referenced in its e-Kalathi price comparisons, despite repeated calls for greater transparency, the consumers’ association said on Thursday. In a statement, the association said that despite its continued insistence that the consumer protection service’s price observatory disclose the names of supermarkets, this information remains absent. The association […]

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Kıbrıs 22.01.2026 19:28

MPs approve insurance cover for armed forces deaths and disability

The House plenum on Thursday passed legislation providing insurance cover to members of the armed forces in the event of death or permanent total disability. The insurance coverage comes to €115,000 if a member of the military dies or suffers permanent total disability during the discharge of their duties. In the case of disability, the […]

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Kıbrıs 22.01.2026 19:14

​Strong winds divert Ryanair flight from Paphos to Larnaca

Powerful gusts in the Paphos area on Thursday afternoon forced a Ryanair flight to redirect and land at Larnaca airport. Reports said Ryanair flight FR3133, departing Stansted and headed to Paphos airport, requested to land in Larnaca intead. The plane safely touched down at Larnaca airport around 2pm. Arrangements were then made to transport the […]

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Kıbrıs 22.01.2026 19:01

Chef invites food lovers to juicy Troodos BBQ

The mountains are calling! Not simply because Troodos is now snow-covered and the season welcomes cosy cabin stays but because special pop-up BBQ events are coming up, bringing sizzling, smoky aromas. The beloved Brazilian chef Jeffrey Hoffens, who has exploded on social media with his one-off events, has turned open-fire grilling into an experience with […]

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Kıbrıs 22.01.2026 18:30

Unions warn Athalassa hospital buildings are structurally unsound

Unions Pasyno and Pasyki warned on Thursday that the old buildings of Athalassa hospital are ‘structurally unsound, placing patients and staff at immediate and real risk’. In a joint statement, the unions said the findings confirm “documented warnings” repeatedly raised over several years. They accused the state of ignoring interventions, memoranda and public statements, allowing […]

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Kıbrıs 22.01.2026 18:17

Charity donations under scrutiny during tense parliamentary hearing

Parliamentary scrutiny of the social support fund intensified on Thursday as lawmakers pressed for a full list of donors following a video alleging corruption and influence at the presidential palace. The matter is now in the hands of attorney-general Georgios Savvides after statements by state treasurer Andreas Antoniades, and the personal data protection commissioner, Maria […]

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Kıbrıs 22.01.2026 18:10

Cheapest crypto with high 500% potential: analysts highlight this new altcoin for Q1 2026

Crypto markets do not wait for full usage before adjusting value. Prices often move when investors can see utility forming, not when users are already active. This pattern has repeated across previous crypto cycles. Lending platforms, in particular, have a history of gaining attention once core mechanics and timelines are visible. Right now, traders are […]

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Kıbrıs 22.01.2026 18:00

France has ‘many expectations’ for Cyprus’ Council of EU presidency term

France has “many expectations” for Cyprus’ six-month term as the holder of the Council of the European Union’s rotating presidency, the country’s minister delegate for internal affairs Marie-Pierre Vedrenne said on Thursday. Speaking after a meeting with Cypriot Justice Minister Costas Fitiris in Nicosia, she said she was satisfied with the “strengthening of relations” between […]

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