Cyprus Mail

Kıbrıs 08.01.2026 15:35

Sir Stelios increases bi-communal business prize fund to €500,000

Sir Stelios Haji-Ioannou will once again honour bi-communal entrepreneurship in Cyprus this year, increasing the total prize fund of the Stelios Bi-Communal Awards for Business Co-operation to €500,000, as the initiative marks its 16th consecutive year. The founder and owner of the easy family of brands and founder and chairman of the Stelios Philanthropic Foundation […]

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Kıbrıs 08.01.2026 15:30

11,000 vehicles barred from 2026 road tax renewal over faulty airbags

As the online portal has opened for the renewal of 2026 road tax for approximately 750,000 vehicles, around 11,000 will be denied renewal due to pending faulty airbag replacements. Road transport department officer Constantinos Kouppis said that 100,500 vehicles had been called in to replace defective Takata airbags, with several thousand still outstanding and therefore […]

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Kıbrıs 08.01.2026 15:30

TV shows we love: 1670

The Polish Netflix series 1670 is a mockumentary-style satire that follows the feuds and misadventures of a noble family in the 17th-century village of Adamczycha, in what was then the Polish-Lithuanian Commonwealth. The show lampoons Polish nobility of the time while slyly poking at the same anxieties and absurdities that still echo in modern Poland, […]

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Kıbrıs 08.01.2026 15:21

Erhurman bemused as von der Leyen ‘ignores’ Turkish Cypriots

Turkish Cypriot leader Tufan Erhurman reacted with bemusement on Thursday to European Commission president Ursula von der Leyen’s speech at the opening ceremony of Cyprus’ six-month term as the holder of the Council of the European Union’s rotating presidency, saying she “ignored” the Turkish Cypriot community. “We will not ignore being ignored,” he began, saying […]

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Kıbrıs 08.01.2026 15:12

Cyprus has received over €4bn in EU funds since joining the bloc

The next Multiannual Financial Framework (MFF) was on the agenda on Thursday as President Nikos Christodoulides met with the head of the European Court of Auditors (ECA), Tony Murphy, alongside court member Lefteris Christoforou, in Nicosia. Speaking after the meeting, Christodoulides described the proposed EU budget for the 2028-2034 period as one of the most […]

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Kıbrıs 08.01.2026 14:31

Kronos gas field ‘in final stage of development’

The Kronos gas field in Block 6 of Cyprus’ Exclusive Economic Zone (EEZ) is “in the final stage of development” ahead of a potential final investment decision, President Nikos Christodoulides said on Thursday during a meeting with Eni’s chief operating officer of global natural resources, Guido Brusco. “It is very important that we are in […]

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Kıbrıs 08.01.2026 14:03

US Senate to vote on reining in Trump on Venezuela

The U.S. Senate is due to consider a resolution on Thursday that would block President Donald Trump from taking further military action against Venezuela without congressional authorization, and backers said the measure could pass in a close vote. Days after U.S. forces captured Venezuelan President Nicolas Maduro in a dramatic military raid in Caracas, senators […]

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Kıbrıs 08.01.2026 13:59

Bushfires rage in Australia’s southeast, authorities warn of ‘catastrophic’ conditions

Uncontrolled fires burned through bushland in the Australianstate of Victoria on Thursday, forcing communities to evacuate and authorities to warn of a “catastrophic” fire danger rating for Friday. Amid temperatures that exceeded 40 degrees Celsius (104 degrees Fahrenheit) in parts of the state, two large bushfires were raging near the towns of Longwood and Walwa. […]

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Kıbrıs 08.01.2026 13:59

Limassol remains ‘decisive’ hub for multi-million euro property sales

The most expensive property transaction recorded in Cyprus in October 2025 involved a three-floor apartment in Limassol, sold for €15.2 million, reinforcing the city’s continued dominance in the high-end real estate market. In total, the ten highest-value property sales completed during the month amounted to €87.6m, according to an analysis by Ask Wire, the data […]

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Kıbrıs 08.01.2026 13:27

BoC Academy marks two graduation milestones in 2025

The Bank of Cyprus on Thursday announced that the BoC Academy is continuing to run for a third year, reflecting the bank’s ongoing focus on its people and on building skills that respond to future needs. Launched three years ago, the initiative was created to strengthen capabilities and enrich knowledge across the organisation, ensuring employees […]

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Kıbrıs 08.01.2026 13:04

Cyprus records negative inflation in December as energy prices tumble

Cyprus recorded negative domestic inflation in December 2025 as consumer prices edged slightly higher month-on-month but fell on an annual basis, according to figures released by the state statistical service on Thursday. Specifically, the consumer price index (CPI) rose by 0.10 points in December 2025 to 117.67 units, with 2015 acting as the base year […]

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Kıbrıs 08.01.2026 13:04

Lidl Cyprus grants additional €350 benefit for each team member

Another year full of substantial successes has been completed for Lidl Cyprus. At the heart of this journey are its people, who, through their daily efforts, dedication and teamwork, support the company’s growth and progress. As a hands-on recognition of the contribution, in January, the company will pay an additional voucher provision of €350 gross […]

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Kıbrıs 08.01.2026 12:59

Auditor-general intends to freeze party funding in €2.6m dispute

The auditor-general has moved to block the payment of millions of euros in state funding to political parties, escalating a dispute over €2.6 million in public money that was paid illegally and has yet to be recovered. In a letter sent on Wednesday to House speaker Annita Demetriou, auditor-general Andreas Papaconstantinou requested that the accounting […]

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Kıbrıs 08.01.2026 12:56

Cablenet unveils new connectivity, entertainment era in Cyprus

Cablenet has announced the launch of a new-generation product portfolio, marking the beginning of a bold transformation in how connectivity and entertainment are experienced across Cyprus. From Mobile and home Internet, to TV and future digital services, the company is rolling out a fully refreshed ecosystem built around one clear promise: more freedom, more value […]

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Kıbrıs 08.01.2026 12:36

Pasydy backs new prisons plan but warns delays will deepen crisis

Prison staff welcomed government plans to build new prison facilities and recruit additional guards in union statement released on Thursday. The prison branch of Pasydy described announcements by Justice Minister Costas Fitiris on the construction of new prisons on the outskirts of Nicosia and the immediate reinforcement of staffing levels as a critical first step […]

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Kıbrıs 08.01.2026 12:36

Cyprus posts €1.16 billion surplus despite rising expenditure

Cyprus recorded a general government fiscal surplus of €1.16 billion in the period from January to November 2025, with public finances remaining positive despite higher spending driven by wages, social benefits and capital investment. According to preliminary figures published on Thursday by the Cyprus Statistical Service (Cystat), the surplus amounted to 3.2 per cent of […]

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Kıbrıs 08.01.2026 12:24

Cyprus Stock Exchange reveals top brokerage performers for past year

The Cyprus Stock Exchange (CSE) Council has officially released the detailed breakdown of market shares for its member firms for December 2025, providing a comprehensive overview of the trading landscape in Cyprus as the year drew to a close. The announcement encompasses several specific datasets, including member performance both including and excluding the value of […]

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Kıbrıs 08.01.2026 12:16

Demetra Holdings continues share buyback programme

Demetra Holdings PLC has continued its strategic share buyback programme on the Cyprus Stock Exchange by purchasing 5,600 of its own shares during the trading session on January 7, 2026, as part of an ongoing effort to enhance shareholder value. The company announced today that the acquisition was executed through The Cyprus Investment & Securities […]

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Kıbrıs 08.01.2026 12:13

EU donates €2.6m to Committee on Missing Persons

The Committee on Missing Persons (CMP) on Thursday announced that it had received a donation of €2.6 million from the European Union. “The funds will support the committee’s goal of identifying and returning the remains of missing individuals in 2026, bringing to an end the uncertainty which has affected the families for so many years,” […]

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Kıbrıs 08.01.2026 12:08

Paphos marina bids due as project enters decisive phase

Proposals for the forthcoming Paphos marina at Kissonerga are being submitted throughout January, with the deadline set for January 23. Paphos chamber of commerce and industry president (Evep), George Mais, said the process is expected to become clearer within the month. The January deadline follows an extension granted to allow interested parties time to submit […]

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Kıbrıs 08.01.2026 12:06

India and Cyprus strengthen ties through strategic space agreement

The Eratosthenes Centre of Excellence and India-based Pixxelspace India Private Limited (Pixxel) have signed a memorandum of understanding (MoU), according to an official statement released this week. The agreement sets out a framework for strategic collaboration spanning India, the European Union, the Middle East and North Africa, as well as additional international markets. The statement […]

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Kıbrıs 08.01.2026 11:59

Limassol Chamber of Commerce confirms €590,000 Moniatis gastronomy school

Contracts for the completion of the gastronomy school in the mountain community of Moniatis are expected to be signed in the coming days, after the Moniatis community council awarded the project to J. Mantis Construction. Moniatis’ community leader Charalambos Konstantinidis told Entrepreneurial Limassol, the periodical of the Limassol Chamber of Commerce and Industry (Evel), that […]

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Kıbrıs 08.01.2026 11:58

High altitude, new and aged

Kyperounda winery, in the Pitsilia area of Troodos, claims its gravity-fed winery, built on levels in time for the 2003 vintage at an altitude of 1,140m, is one of the highest in Europe. The winery owns a steep four-hectare vineyard around 1,400 to 1,500m above sea level, probably the second highest after a vineyard in […]

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Kıbrıs 08.01.2026 11:58

Nicosia named best European cultural capital for 2026

Nicosia has taken first place as Europe’s Best Cultural Capital for 2026 in the European Best Destinations rankings, the Nicosia tourism board (Etap) announced Thursday. This recognition was based on a multi-level assessment combining quantitative data, the opinions of specialised cultural journalists and travel media, as well as the votes of thousands of travellers from […]

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