Cyprus Mail

Kıbrıs 12.06.2026 15:44

Cyprus banks see profits fall by €62 million in early in 2026

The profitability of Cyprus’ banking sector fell by 23.6 per cent during the first quarter of 2026, according to updated aggregate figures by the Central Bank of Cyprus (CBC). The Central Bank of Cyprus (CBC) published updated aggregate data for the Cypriot banking sector on Friday, covering profitability, balance sheets and capital adequacy, with a […]

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Kıbrıs 12.06.2026 15:39

Cyprus pension system faces demographic pressures, says CBC

Cyprus ranks third in eurozone for pension fund numbers Cyprus retained the third-highest number of pension funds in the eurozone despite a decline of more than 30 per cent over the past five years, according to figures by the Central Bank of Cyprus (CBC). The Central Bank of Cyprus (CBC) released its first statistical report […]

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Kıbrıs 12.06.2026 15:30

We went looking for a traditional Cypriot meal – and found it in Larnaca

Some meals are planned weeks in advance. Others arrive courtesy of visiting friends. When our guests from abroad announced that they wanted “somewhere traditional”, the challenge began. Not because Cyprus lacks traditional tavernas, but because everyone has a different idea of what traditional means. As it happened, there was already somewhere on my list that […]

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Kıbrıs 12.06.2026 15:15

Argentina bump France from top spot in rankings ahead of title defence

Argentina returned to the top of the world rankings right in time for their World Cup title defence as France dropped two spots to third. Argentina, who kick off their World Cup campaign against Algeria on Tuesday in Kansas City, have not led the ranking since July 2025 but moved up two spots after victories […]

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Kıbrıs 12.06.2026 15:13

Fire near Paphos village brought under control after burning three hectares

A wildfire that broke out near the village of Neo Chorio on Friday morning was brought fully under control within just over an hour, after burning around three hectares of land planted with olive and carob trees. According to the forestry department, the fire started at 11.13am and was fully contained by 12.30pm. A total […]

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Kıbrıs 12.06.2026 14:50

Cyprus non-performing loan ratio remains stable

The non-performing loan ratio within Cyprus’ domestic banking sector remained unchanged at 1.6 per cent during March 2026, when compared with the figures from December 2025. According to official data from the Central Bank of Cyprus (CBC), total non-performing loans stood at €835 million at the end of March, against a total loan portfolio of […]

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Kıbrıs 12.06.2026 14:34

Benefits of riding a moped

Mopeds have become an increasingly popular mode of transport across the UK, offering a practical and affordable alternative to cars and public transport. Whether you are commuting to work, travelling to college, or simply looking for a convenient way to get around, riding a moped provides a range of benefits that make it an attractive […]

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Kıbrıs 12.06.2026 14:20

Ukraine’s defence AI chief predicts ‘new paradigm’ of warfare

Warfare in Ukraine and beyond faces a paradigm shift in coming years as artificial intelligence is integrated into weapons networks and accelerates decision-making on the battlefield, a senior Ukrainian military official said. Ukraine, in the fifth year of fighting a full-scale Russian invasion, is already using AI for a plethora of battlefield functions, from flying […]

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Kıbrıs 12.06.2026 14:14

SpaceX IPO makes Elon Musk the world’s first trillionaire

By Manya Saini and Niket Nishant June 12 (Reuters) – Few business leaders have been as deeply embedded in popular culture as Elon Musk, the ambitious entrepreneur who has become a central figure in internet culture and amassed a fortune that has made him the world’s first trillionaire. At a time when concerns about inequality […]

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Kıbrıs 12.06.2026 14:13

Probationary officer dismissed over anabolic drugs

A probationary police officer was dismissed on Friday by police chief Themistos Arnaoutis following his arrest earlier this month over the discovery of 69 vials containing anabolic substances. The officer was arrested on June 4 and dismissed with the approval of Justice Minister Costas Fitiris. “Phenomena of corruption, delinquent behaviour or abuse of power have […]

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Kıbrıs 12.06.2026 14:08

Cyprus among top EU performers for employment growth

Cyprus is punching above its weight in the European labour market as the latest Eurostat figures reveal a significant surge in the number of people finding work during the opening months of 2026. Indeed, Cyprus was highlighted as one of the standout performers across the bloc, recording an increase in the employment rate of 0.4 […]

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Kıbrıs 12.06.2026 14:06

Legendary British artist David Hockney dies aged 88

As a child growing up in gloomy northern England, David Hockney noticed the sharply defined shadows in the Hollywood films of comedy duo Laurel and Hardy. “Strong shadows meant a lot of sun,” the painter recalled to BBC television in 2009. “So I thought, well, wherever that is, it’s always sunny.” Two decades later, Hockney […]

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Kıbrıs 12.06.2026 14:03

CySEC issues warning regarding unauthorised investment platform

The Cyprus Securities and Exchange Commission (CySEC) on Friday issued a public warning regarding an online entity operating without the requisite regulatory approval. The regulator stated that the website j2t.tech does not belong to an entity that has been granted authorisation for the provision of investment services or the performance of investment activities. The commission, […]

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Kıbrıs 12.06.2026 14:00

Freedom24 names Abdykerov to board

Freedom24 has announced the appointment of Yerzhan Abdykerov as a member of the company’s Board of Directors, following approval from the Cyprus Securities and Exchange Commission (CySEC).  According to its statement, Abdykerov will contribute to the company’s strategic development in his new role, while continuing to oversee Freedom24’s retail business.  His responsibilities include the development of the company’s European offices, […]

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Kıbrıs 12.06.2026 13:56

Christodoulides hails Cyprus’ EU budget proposal, Europe still split

President Nikos Christodoulides on Friday hailed Cyprus’ submission of a proposal for the European Union’s next multiannual financial framework – the bloc’s budget for the period covering the years between 2028 and 2034 – saying the submission marks a “significant milestone” in negotiations. He pointed out that the proposal, known as a “negotiating box”, contained […]

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Kıbrıs 12.06.2026 13:43

Cyprus construction pipeline expands as permits rise

Cyprus’ real estate sector continued to expand sharply in February, with building permits recording strong growth across most categories and pointing to a broader pipeline of residential development.  According to a report from the Cyprus Statistical Service (Cystat), a total of 711 building permits were authorised during the month.  The total value of these permits reached €379.9 million, while the total covered area amounted to 314,697 […]

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Kıbrıs 12.06.2026 13:42

Elam takes three House committees, including defence

Elam has taken the chairmanship of three of the 16 parliamentary standing committees, including the House defence committee, with the committees’ chairmanships having been allocated on Friday. Alongside defence, the party will now have the right to choose the chairman of the transport and environment committees, with the parties which held the rights to all […]

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Kıbrıs 12.06.2026 13:20

A queer open mic night is coming to Yfantourgeio

‘Queer Open Mic: Fruity Edition’ – that is the official title of the upcoming event in Nicosia that invites performers, artists, and audiences to a fun night out. “What would summer be without juicy cherries, grape memories, and peachy vibes?” ask the organisers, Gins and Bells. “On June 16, we are feeling fruity together in […]

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Kıbrıs 12.06.2026 13:14

Cyprus promotes tech credentials at Dublin summit

Cyprus sought to strengthen its profile as a destination for technology companies, start-ups and investors during the Dublin Tech Summit 2026, held end of May at the RDS Dublin in Ireland.  The country was represented through an information stand by the Ministry of Energy, the Cyprus Trade Centre in London and Invest Cyprus, as part of efforts to promote Cyprus’ business environment […]

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Kıbrıs 12.06.2026 12:27

Xeros and Diarizos valleys move closer to Unesco biosphere reserve status

The Xeros and Diarizos river valleys are set to become Cyprus’ first Unesco biosphere reserve areas to promote environmental protection, sustainable development and cultural preservation, the environment commissioner announced on Friday. The proposed reserve area covers a large area in the Paphos district and includes 32 communities. Preparations are currently underway for the submission of […]

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Kıbrıs 12.06.2026 12:10

Snakes spotted at Protaras beach

Two black snakes were spotted at a beach in Protaras, with a video of them circulating on social media on Friday. The snakes were seen moving around in the sand next to rocks in an approximate 5 metre distance from beachgoers. “If you see one, don’t panic,” one commenter on visitcyprus said on Facebook. Snakes […]

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Kıbrıs 12.06.2026 11:56

Parents, students to protest cancelled English School graduation

Final year students and parents of the English School in Nicosia will hold a protest on Friday outside the school and the nearby Presidential Palace over the cancelled graduation ceremony. The traditional ceremony was canceled in May after the annual overnight celebration to mark the end of school organised by the graduating class resulted in […]

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Kıbrıs 12.06.2026 11:42

The real estate market in Cyprus for new Investors

Consider focusing on the burgeoning residential segment in the Mediterranean isle, which has witnessed a remarkable surge in demand among both locals and expatriates. Recent data indicates a steady increase in property transactions, driven by factors such as attractive prices and favorable financing conditions. This trend presents a compelling case for those looking to enter […]

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Kıbrıs 12.06.2026 11:33

‘A very important day for everyone in Europe’

The EU Pact on Migration and Asylum will provide an effective and coherent framework for managing migration across the European Union, Deputy Migration Minister Nicholas Ioannides said on Friday. Speaking on arrival at the informal ministerial meeting on the pact, at the Filoxenia Conference Centre in Nicosia, Ioannides described June 12 as “a very important […]

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