Cyprus Mail

Kıbrıs 23.12.2025 15:09

Cyprus banks post lowest non-performing loan ratio since 2014

The Central Bank of Cyprus (CBC) announced on Turesday that the Cyprus banking sector remained strongly capitalised, highly liquid and continued to improve its asset quality in the third quarter of 2025, according to newly published financial soundness indicators. The central bank said that as of the third quarter of 2025, Cyprus credit institutions continued […]

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Kıbrıs 23.12.2025 15:08

Lidl Christmas Days at Lidl Food Academy

Lidl Cyprus supported for the coordinated actions of the Stasikratous Store Managers Association for yet another year, creating a highly festive, two-day experience for the general public. With a festive mood, warm hospitality and a strong Christmas aroma, the Lidl Christmas Days, which took place on December 20 and 21 at the Lidl Food Academy, […]

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Kıbrıs 23.12.2025 15:03

Justice minister renounces ministerial pension

Justice Minister Costas Fitiris has formally renounced his lifelong ministerial pension, as well as the planned lump sum, saying on Tuesday that he did not wish to enjoy any privilege deriving from his ministerial status. “To avoid the spread of inaccurate comments regarding the renunciation of my pension, I would like to publicly state that […]

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Kıbrıs 23.12.2025 14:54

Kineyirou wins second term as real estate council head amid sector tensions

Marinos Kineyirou has been re-elected president of the Cyprus Real Estate Agents Registration Council, after securing a substantial majority of the vote in an election seen as crucial for the future direction of the profession. The election, held to choose the council’s president and board members for the next three-year term, recorded a turnout of […]

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Kıbrıs 23.12.2025 14:48

Best 8 cloud mining platforms to mine Bitcoin in 2026

Bitcoin mining in 2026 looks very different from what it was a few years ago. Rising mining difficulty, expensive ASIC machines, and high electricity costs have pushed most individual investors away from traditional home mining. Instead, many now rely on bitcoin cloud mining, a model that allows people to earn mining rewards without owning or […]

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Kıbrıs 23.12.2025 14:47

Cooperation called for after teacher evaluation bill passes

Renewed calls for cooperation over teacher evaluations were made on Tuesday a day after the House ended nearly a year of political deadlock by approving a new system as teachers unions said it was not workable. House education committee chairman Pavlos Mylonas said the passage of the legislation marked a decisive moment for public education […]

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Kıbrıs 23.12.2025 14:34

A season of giving: Andrey & Julia Dashin’s Foundation bring Christmas joy to children

Heartfelt initiatives, dozens of smiles and moments of warmth and care This Christmas season, Andrey & Julia Dashin’s Foundation once again launched a series of meaningful initiatives in Limassol to spread joy and hope, reaffirming its commitment to inclusion, compassion, and community support. Between 17 and 22 December, the Foundation organised and supported four festive […]

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Kıbrıs 23.12.2025 14:09

Law office sends corruption findings to police

The Law Office has handled three cases referred to it by the authority against corruption and, apart from the latest on the Trimiklini fish farm, there was nothing else pending, attorney-general Giorgos Savvides said on Tuesday. Meanwhile, head of the anti-corruption authority Charis Poyiadjis said rulings on two cases, namely the Mafia State book that […]

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Kıbrıs 23.12.2025 14:07

US seeks to cancel thousands of asylum cases

The Trump administration launched a nationwide campaign to void asylum claims of thousands of people with active cases in immigration courts by arguing that they can be deported to countries that are not their own, CBS News reported. Reuters could not immediately confirm the report. The White House, U.S. Immigration and Customs Enforcement (ICE) and […]

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Kıbrıs 23.12.2025 14:01

Wegovy weight-loss pill to test demand from consumers with cash

Novo Nordisk’s newly approved weight-loss pill version of Wegovy will be a test case for the fast-growing cash-paying consumer market, with plans for the first highly effective oral treatment to go straight to U.S. self-pay channels in early January. The pill was granted U.S. Food and Drug Administration approval on Monday, a boost for Danish […]

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Kıbrıs 23.12.2025 13:59

‘Turkey’s fault it is absent from regional collaboration’

Turkey has itself to blame for the fact that it is not invited to participate in regional collaborations, President Nikos Christodoulides said on Tuesday, citing the country’s lack of respect towards other states by trying to impose itself on them. “I returned from Israel last night, from a successful trilateral summit [Cyprus-Greece-Israel], the tenth in […]

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Kıbrıs 23.12.2025 13:50

England to probe reports of excessive drinking during Ashes break

England team director Rob Key said they would look into reports that players drank excessively during a break between the second and third Ashes tests this month. Australia wrapped up an 82-run win on day five of the third test in Adelaide on Sunday to take an unassailable 3-0 lead in the series and retain […]

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Kıbrıs 23.12.2025 13:46

Kapparis puts on its own Christmas Fair

From December 26 to 30, Kapparis in the Paralimni–Deryneia Municipality is dressing up in full festive gear as it presents its Christmas Fair 2025. For five consecutive days, a big parking area on Kapparis Avenue will fill with twinkle lights, Christmas trees and holiday cheer as it transforms into a Christmas Street Food Market. The […]

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Kıbrıs 23.12.2025 13:45

Cyprus financial regulator seeks views on fees for collective investment firms

The Cyprus Securities and Exchange Commission (CySEC) on Tuesday published a formal Consultation Paper to gather views from industry stakeholders on the implementation of a new law governing the establishment and operation of local companies responsible for the administration of undertakings for collective investments. The document focuses on the practical application of Law 101(I)/2025, specifically […]

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Kıbrıs 23.12.2025 13:03

XRP and SOL reach milestone agreement: How CreditBlockchain Cloud Mining can seize emerging opportunities

The cryptocurrency market is experiencing another exciting moment with the announcement of a significant strategic agreement between Ripple (XRP) and Solana (SOL). This not only signals a new breakthrough in cross-chain interoperability but also opens up new earning opportunities for investors. CreditBlockchain, as a leading cryptocurrency cloud mining platform, is committed to providing users with […]

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Kıbrıs 23.12.2025 12:59

€3.6m contract signed to resume Liopetri estuary works

Contracts were signed on Tuesday to resume works at the Liopetri estuary, with €3.6 million allocated over a 12-month period. The contract provides for the continuation and completion of works on the jetties, as part of a broader EU-funded project implemented by the town planning department to remodel the estuary. So far, the contract covering […]

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Kıbrıs 23.12.2025 12:50

Larnaca unveils Tsakkilerou multifunctional park

Larnaca municipality unveiled the Tsiakkilero multifunctional park on Monday, a €2.5 million project that marks the largest investment in infrastructure in a refugee housing area in recent years. The municipality describes it as a key city project, ‘a modern, open and inclusive public space, designed for all without discrimination’, that substantially upgrades daily life for […]

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Kıbrıs 23.12.2025 12:32

Cyprus to complete its longest coastal walkway by 2026

Work on what will become the largest coastal pedestrian walkway in Cyprus is moving into its final stages in the Peyia-Kissonerga area of the Akamas municipality, with the project already reshaping the area’s tourism profile well before its full completion. The seafront route, according to a report in Philenews, has begun appearing in promotional material […]

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Kıbrıs 23.12.2025 12:27

Wawrinka to retire in 2026 after 24-year pro career

Stanislas Wawrinka will hang up his racquet at the end of 2026, the three-times Grand Slam champion announced on Friday, bringing down the curtain on a 24-year professional career that saw him gatecrash tennis’s elite during the sport’s golden era. Switzerland’s Wawrinka, who turned professional in 2002, will turn 41 in March, capping a journey […]

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Kıbrıs 23.12.2025 12:01

Classical fortifications unearthed at ancient Palaepaphos

Archaeologists announced on Tuesday the discovery of extensive fortifications at ancient Palaepaphos. Researchers uncovered a series of large stone towers forming part of a massive fortification wall that once encircled the acropolis of ancient Paphos. Built with stone blocks, the wall and its towers represent a major defensive project. One newly excavated tower at Laona […]

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Kıbrıs 23.12.2025 12:00

Why Cyprus tech needs more women CEOs and board members

Eurostat data shows Cyprus has seen rapid growth in ICT employment over the past decade, with the strongest gains among women. A Cyprus Mail report, citing Eurostat, puts average annual ICT employment growth at 9.2 per cent from 2014 to 2024, with women’s ICT employment growing 13.7 per cent a year. Now compare that momentum […]

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Kıbrıs 23.12.2025 12:00

Book review: The dying art of humans putting the world to rights

I look forward to my annual Jack Reacher novel, especially as they always come out around the time of year that back in the cultural golden age of the nineties and noughties, we would see proper action films being released at the cinemas. Action films in which a lone human who is actually entirely human […]

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Kıbrıs 23.12.2025 11:50

Cyprus employers welcome tax reform approval

The employers and industrialists federation (Oev) this week welcomed the timely passage of tax bills by the House of Representatives, saying their approval before year-end reflects effective coordination and institutional maturity. In a statement, Oev thanked the legislature and, in particular, the House finance committee, noting that the bills “were processed at speed without compromising […]

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Kıbrıs 23.12.2025 11:39

Roman copper industry and settlement uncovered in Peristerona

Archaeologists announced on Tuesday the completion of excavations in the Peristerona River valley, uncovering new evidence of ritualistic activity and water management linked to copper production under Roman rule in Cyprus. The campaign was led by the Universities of Copenhagen and Uppsala with the approval of the antiquities department and deputy cultural ministry. The project […]

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