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Cyprus Mail

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Safe Bulkers expands orderbook with new capesize vessel
Kıbrıs 09.06.2026 09:02

Safe Bulkers expands orderbook with new capesize vessel

Safe Bulkers has signed a definitive agreement for the construction and acquisition, through financial leasing, of a newbuild capesize vessel with a capacity of 182,000 deadweight tonnes, the company announced. The transaction, which was first outlined through a framework agreement in May and has now been completed, forms part of the company’s broader fleet renewal […]

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Trump greeted with boos at NBA Finals in Madison Square Garden
Kıbrıs 09.06.2026 08:51

Trump greeted with boos at NBA Finals in Madison Square Garden

Basketball fans greeted U.S. President Donald Trump with a chorus of loud boos on Monday, as the Republican became the first sitting U.S. president to attend the NBA Finals at Game 3 of the championship series between the New York Knicks and San Antonio Spurs. Attending as a guest of Knicks president James Dolan, Trump […]

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Sunshine dominates, but afternoon showers remain on the cards
Kıbrıs 09.06.2026 08:42

Sunshine dominates, but afternoon showers remain on the cards

It looks set to be another largely pleasant summer day across Cyprus, with plenty of sunshine expected after a misty start in some areas. A weak low-pressure system is affecting the region, bringing mostly clear skies on Tuesday. Early in the morning, patches of low cloud and light mist may linger locally, but these are […]

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Party leaders to hold first meeting of new parliament
Kıbrıs 09.06.2026 08:23

Party leaders to hold first meeting of new parliament

The first meeting of party leaders and representatives in the newly elected House of Representatives is set to take place at noon on Tuesday under the chairmanship of House President Annita Demetriou. The meeting marks the beginning of arrangements for the new parliamentary term, just days after the formation of the new legislature and Demetriou’s […]

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Iran and Israel say they have halted strikes on each other for now
Kıbrıs 09.06.2026 08:13

Iran and Israel say they have halted strikes on each other for now

Iran and Israel said they had halted attacks on each other after an appeal from U.S. President Donald Trump, though Tehran warned it would resume hostilities if Israel continued to hit Hezbollah in Lebanon. The most direct confrontation between the two countries since April threatened to wreck Washington’s efforts to reach an agreement with Tehran […]

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Four-vehicle collision causes disruption on Limassol-Nicosia motorway
Kıbrıs 09.06.2026 08:12

Four-vehicle collision causes disruption on Limassol-Nicosia motorway

A traffic collision involving four vehicles occurred on Tuesday morning on the Limassol-Nicosia motorway near Dali, police said. According to police, the accident resulted in the closure of the motorway’s right-hand lane, causing traffic disruptions in the area. Efforts are currently underway to remove the vehicles involved from the road and restore normal traffic flow […]

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Credit expansion underpins bullish outlook for Greek banks
Kıbrıs 09.06.2026 08:00

Credit expansion underpins bullish outlook for Greek banks

The resilience of the Greek economy remains a key pillar of the positive investment narrative for Greek banks, according to a new report by Jefferies, which maintains a buy recommendation for Alpha Bank, Eurobank, National Bank of Greece and Piraeus Bank. The investment bank said Greek banks operate in one of the most attractive macroeconomic […]

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Cyprus Business Now: Sir Stelios, shipping, government debt, Jumbo
Kıbrıs 09.06.2026 07:30

Cyprus Business Now: Sir Stelios, shipping, government debt, Jumbo

Nine bi-communal business partnerships received a total of €500,000 in Nicosia on Monday, at an awards ceremony that placed cooperation between Greek Cypriot and Turkish Cypriot entrepreneurs at the centre of the island’s wider conversation on trust, coexistence and reunification.  The Stelios Bi-communal Business Partnership Awards were held at the offices of the Stelios Philanthropic Foundation, in the presence of President Nikos Christodoulides, the UN envoy, […]

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Eurobank plans over €1.3bn lending boost in Crete by 2028
Kıbrıs 09.06.2026 07:00

Eurobank plans over €1.3bn lending boost in Crete by 2028

Eurobank has projected that its total financing in Crete between 2023 and 2028 will exceed €1.3bn, underlining what it describes as a long-term commitment to supporting the island’s development trajectory and local business ecosystem. The funding is directed towards investments across key sectors of the Cretan economy, including tourism and hospitality, energy and infrastructure, construction […]

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Airlines face sharp profit squeeze as Middle East war and fuel costs bite
Kıbrıs 09.06.2026 06:30

Airlines face sharp profit squeeze as Middle East war and fuel costs bite

Global airlines are heading into a tougher 2026, with industry profits expected to halve as war-related disruption in the Middle East and a sharp rise in fuel prices weigh heavily on carriers, according to the International Air Transport Association (IATA).  IATA said airlines are now expected to make a combined net profit of $23 billion this year, […]

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Cyprus Cement completes small-scale share buyback
Kıbrıs 09.06.2026 06:00

Cyprus Cement completes small-scale share buyback

The Cyprus Cement Public Company Ltd announced this week that it has proceeded with a share buyback transaction, purchasing its own shares in line with a prior shareholder decision and applicable corporate legislation. The company said the transaction was carried out in accordance with the relevant Cyprus Stock Exchange regulations and Cyprus Securities and Exchange […]

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Cyprus setting up food safety authority to promote data-based solutions
Kıbrıs 09.06.2026 04:24

Cyprus setting up food safety authority to promote data-based solutions

The government is promoting a National Food Safety Authority, which will be tasked with coordinating and supervising official controls by services and laboratories, and drafting a unified national strategy for food safety and hygiene throughout the food chain, Health Minister Neophytos Charalambides said on Monday. Marking World Food Safety Day, celebrated on June 7, Charalambides […]

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Our View: Increasing pay for contract soldiers can’t be back door to civil service
Kıbrıs 09.06.2026 04:20

Our View: Increasing pay for contract soldiers can’t be back door to civil service

Boosted pay and service benefits will be offered by the defence ministry to make the job of national guard private more attractive, according to press reports. The national guard is finding it difficult to sign up men on contracts to cover its operational needs. According to a report in Phileleftheros, the government decided that the […]

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Decomposed body found in Larnaca
Kıbrıs 08.06.2026 21:47

Decomposed body found in Larnaca

A body in advanced decomposed state was found in an apartment in A body that had been in an advanced state of decomposition was discovered in a flat in Larnaca on Monday. “All appropriate actions are being taken based on relevant protocol and examinations to identify the body,” said Larnaca police spokesperson Spyros Chrysostomou. According […]

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Installation of emergency openings to affect traffic in Nicosia, Larnaca and Paralimni
Kıbrıs 08.06.2026 21:44

Installation of emergency openings to affect traffic in Nicosia, Larnaca and Paralimni

Works to install emergency openings on the highway between Larnaca airport and Paralimni, as well as Larnaca and Nicosia will affect traffic on the highway between June 9 and June 28. The works will be carried out daily, except on Fridays and at weekends. A section of each lane of the highway will be closed […]

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Animal rescue groups suspend neutering programs for stray cats
Kıbrıs 08.06.2026 21:18

Animal rescue groups suspend neutering programs for stray cats

Animal rescue groups organised under the Cyprus Voice for Animals (CVA) said on Monday they would pause all trap-neuter-and-release (TNR) programmes for stray cats until further notice in protest over the lack of security measures. “We need authorisation cards from the agriculture ministry that make clear that we can continue to neuter animals,” the CVA’s […]

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Israeli military kills six in Gaza and expands control zone
Kıbrıs 08.06.2026 21:04

Israeli military kills six in Gaza and expands control zone

Israeli strikes killed six Palestinians, including a child, in the Gaza Strip on Monday, health officials there said, as Israel’s military expanded the area under its control, according to residents. The reports came as mediators in Cairo said they were pressing on with efforts to salvage a fragile U.S.-brokered ceasefire deal that has ended major […]

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Fire in paint shop in Kokkinotrimithia under control
Kıbrıs 08.06.2026 20:42

Fire in paint shop in Kokkinotrimithia under control

A fire that broke out at a vehicle paint shop in Kokkinotrimithia in Nicosia was brought under full control by the fire service on Monday evening. According to fire service spokesman Andreas Kettis, vehicles inside the shop were burned, as well as equipment. Investigations into the incident are ongoing.

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Turkey merges state Islamic banks in financial sector overhaul
Kıbrıs 08.06.2026 20:32

Turkey merges state Islamic banks in financial sector overhaul

Turkish president Recep Tayyip Erdogan last week announced the merger of three state-owned Islamic banks, unveiling a restructuring plan aimed at expanding the role of participation banking within the country’s financial system. The consolidation will bring together Ziraat Katilim, Vakif Katilim and Halk Katilim, a move Erdogan said would give “a different dynamic to the […]

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Albania’s Rama vows to push on with Kushner-linked luxury resort despite protests
Kıbrıs 08.06.2026 20:22

Albania’s Rama vows to push on with Kushner-linked luxury resort despite protests

Albania will plough on with a luxury resort planned by Donald Trump’s son-in-law Jared Kushner on a remote stretch of Balkan coast despite persistent protests over its environmental impact, Prime Minister Edi Rama told Reuters on Monday. Thousands of people have taken to the streets of the capital Tirana and on the southern coast where […]

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Teenager never given protection he needed, court hears
Kıbrıs 08.06.2026 20:22

Teenager never given protection he needed, court hears

Social welfare services should have taken custody, at least temporarily, of a teenager who ended up taking his own life in 2019, a witness told Nicosia district court on Monday. Independent criminal investigator Andreou Andreou was testifying in the case concerning the suicide of 14-year-old Stylianos Constantinou. The case relates to alleged ongoing domestic violence […]

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Germany and France drop joint fighter jet project
Kıbrıs 08.06.2026 19:57

Germany and France drop joint fighter jet project

The leaders of France and Germany have agreed to scrap a landmark project to develop and build a new-generation fighter jet, two German officials said on Monday, ending one of Europe’s most ambitious defence programmes. German Chancellor Friedrich Merz and French President Emmanuel Macron discussed the troubled project on the sidelines of the EU-Western Balkans […]

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Fidias explains why party backed Annita, and gets rebuked
Kıbrıs 08.06.2026 19:42

Fidias explains why party backed Annita, and gets rebuked

Fidias Panayiotou, leader of Direct Democracy, explained in his own straightforward way over the weekend why his party backed Disy’s Annita Demetriou for House president, arguing that Demetriou would have won anyway. At times using crude language, the 26-year-old TikToker gave an inside look at the horse-trading preceding the vote for the House president. “Annita would […]

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