Cyprus Mail

Kıbrıs 21.02.2026 12:00

The sale of Russell & Bromley is a symbol of the challenges facing independent heritage brands

By Naomi Braithwaite UK heritage shoemaker Russell & Bromley has been bought by high-street clothing giant Next. Despite the brand’s rescue from administration, dozens of jobs will be lost in initial redundancies, and there are rumours that more than 30 shops could close. As one of the few independently-owned footwear brands left in the UK, […]

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Kıbrıs 21.02.2026 11:40

Radar data reveals cavernous underground lava tube on Venus

A fresh examination of radar data for Venus obtained by NASA’s Magellan spacecraft in the 1990s indicates the presence of a large underground cavity created by a lava flow, the first subsurface feature ever detected on Earth’s planetary neighbor. Researchers said the radar data was consistent with a geological feature called a lava tube that […]

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Kıbrıs 21.02.2026 10:59

Foot-and-mouth outbreak triggers quarantine and mass culling in Larnaca

Authorities have placed large swathes of the Larnaca district under strict quarantine after veterinary services confirmed that the epicentre of a foot-and-mouth disease outbreak lies in Oroklini, with linked infections in nearby Livadia. Laboratory results confirmed that two large sheep and goat units in Oroklini are at the centre of the outbreak, prompting the immediate […]

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Kıbrıs 21.02.2026 10:44

Accountant and clerk arrested in Limassol over embezzlement of €338,000

Limassol police have arrested two individuals in connection with separate cases of alleged theft by an employee, involving a combined amount exceeding €338,000. According to police reports issued on Saturday, the first case concerns a 61-year-old woman employed as an accountant at a private company in Limassol. Following a complaint filed by a company executive, […]

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Kıbrıs 21.02.2026 10:34

Police probe gang attack on driver in Erimi

Limassol police are investigating an alleged attack on a 31-year-old driver who reported being targeted by a group in Erimi on Friday night. According to a police statement issued on Saturday, the man alleges the incident occurred after he inadvertently drove into a dead end, where upon he encountered a group of “hooded youths”. He […]

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Kıbrıs 21.02.2026 10:30

AI film school trains next generation of Hollywood moviemakers

Laid-off and sidelined by last year’s production slowdown, Hollywood visual‑effects veteran Michael Eng discovered a gap in his resume while perusing job listings in Los Angeles — experience in machine learning. Eng turned to Curious Refuge, an online school teaching filmmaking powered by artificial intelligence, in a bid to reinvent his career amid the industry’s […]

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Kıbrıs 21.02.2026 10:25

Seven arrested as police step up overnight operations

Seven individuals were arrested nationwide during overnight police operations aimed at preventing serious crime. According to police statements issued on Saturday, organised patrols were carried out across Nicosia, Limassol and Paphos. The arrests involved a range of offences, including theft, fraud, and driving under the influence of alcohol. As part of the operations, officers stopped […]

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Kıbrıs 21.02.2026 10:16

Unsettled weather forecast for Carnival weekend and Green Monday

Weather conditions will be generally fair at first, before turning more unsettled later in the day, according to met office reports issued on Saturday. Skies will be mostly clear in the morning, becoming partly cloudy by midday. Isolated rain is expected during the afternoon, mainly affecting Troodos, and the Kyrenian range. Temperatures will rise to […]

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Kıbrıs 21.02.2026 10:00

Get crafty for women’s day

Women’s Day is just around the corner, and the first events dedicated to the international day celebrating womanhood have started to appear. All aim to honour women and girls, worldwide, their work, achievements, rights and creativity. This upcoming event in downtown Nicosia has a community focus and gathers people together for a day of creativity, […]

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Kıbrıs 21.02.2026 09:02

Cyprus Business Now: Cyta, CSE bill, Finance Minister, air connectivity, WTO

Cyprus business & economy wrap-up from the day before Cyta chief operating officer Nicos Stylianou on Friday outlined the organisation’s True Value assessment and its broader contribution to the Cypriot economy and society. “With True Value we sought to see this overall picture clearly and to capture with data how our activity translates into real […]

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Kıbrıs 21.02.2026 08:00

Safe Bulkers posts $38.6m annual profit despite market volatility

Cyprus-linked shipping company Safe Bulkers reported resilient profitability and stronger liquidity in 2025, navigating a volatile dry bulk market shaped by geopolitical disruption and shifting trade flows. NYSE-listed company, controlled by the interests of Polys Hajioannou, posted net income of $38.6 million for the year, compared with $97.4m in 2024, while maintaining what management described […]

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Kıbrıs 21.02.2026 07:33

Trump pivots to new 10% global tariff, new probes after Supreme Court loss

President Donald Trump moved swiftly on Friday to replace tariffs struck down by the Supreme Court with a temporary 10% global import duty for 150 days and ordered new investigations under other laws that could allow him to re-impose the tariffs. Trump signed executive orders late on Friday to impose new tariffs starting on Tuesday […]

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Kıbrıs 21.02.2026 07:30

Keve targets business efficiency with upcoming digital office workshop

The Cyprus Chamber of Commerce and Industry (Keve) has announced that it will host a seminar titled Digital tools and office organisation on March 18, 2026, at the chamber’s headquarters in Nicosia. The event will focus on the importance of effective office organisation as a critical factor for business success. Organisers underlined that “proper organisation […]

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Kıbrıs 21.02.2026 07:10

Tech giant Microsoft targets ‘AI divide’ with $50bn investment pledge

Microsoft has said that it is on pace to invest $50 billion by the end of the decade to help expand AI to countries across the ‘Global South’. The announcement was made at the AI summit in New Delhi, where top executives from global AI giants meet several world leaders this week. The ‘Global South’ […]

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Kıbrıs 21.02.2026 06:30

New banking guidelines ease risk weight rules for smaller firms

The European Banking Authority (EBA) has published its final guidelines on proportionate retail diversification methods under the Capital Requirements Regulation. The guidelines establish a harmonised framework for assessing retail portfolio diversification, while ensuring a proportionate application for smaller institutions. Under the new framework, institutions seeking to benefit from the preferential 75 per cent risk weight […]

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Kıbrıs 21.02.2026 04:24

Municipalities pledge tighter oversight of Easter bonfires

With Easter approaching, stricter controls will be imposed on the lighting of lambradjies (Easter bonfires), while the tradition itself will be respected, chairman of the Union of Municipalities Andreas Vyras said on Friday. “We are talking about a phenomenon that in previous years was accompanied by delinquent behaviour that has nothing to do with our […]

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Kıbrıs 21.02.2026 04:20

Our View: Gesy’s billions demand real accountability

The budget of the HIO (Health Insurance Organisation), which administers Gesy, will exceed €2 billion this year. It was unanimously approved by the House on Thursday, although it sparked some minor critical comments about the way it was expanding. The HIO budget had more than doubled in the space of about 10 years, said Edek […]

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Kıbrıs 21.02.2026 01:40

Iran prepares counterproposal as Trump weighs strikes

Iran’s foreign minister said on Friday he expected to have a draft counterproposal ready within days following nuclear talks with the United States this week, while U.S. President Donald Trump said he was considering limited military strikes. Two U.S. officials told Reuters that U.S. military planning on Iran had reached an advanced stage, with options […]

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Kıbrıs 20.02.2026 22:38

‘Govt’ accused of treating north like ‘spoils of war’ over fibreoptic internet deal

The north’s ruling coalition was accused by opposition political party CTP ‘MP’ Erkut Sahali on Friday of treating the island’s northern third like “the spoils of war” as the debate over a controversial deal which will, if implemented, bring fibreoptic internet to the north, rolls on. “This group which forms the government sees this country […]

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Kıbrıs 20.02.2026 20:03

EU economy has ‘lost almost €300bn’ due to lack of Mercosur trade deal

The European Union’s economy has lost hundreds of billions of euros due to the bloc’s failure to ratify a trade deal with South American trade bloc Mercosur, European Trade Commissioner Maros Sefcovic said in Nicosia on Friday. “We have lost almost €300 billion because we do not have an agreement in place with Mercosur,” he […]

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Kıbrıs 20.02.2026 18:48

Panayiotou tells schoolchildren of ‘necessity’ of European Green Deal

Agriculture Minister Maria Panayiotou on Friday told schoolchildren of the “necessity” of the European Green Deal, saying during a visit to the Latsia high school in the eponymous Nicosia suburb that the progression of environmental policies is “not just an option”. Her ministry said of the visit that she had “praised the role of education […]

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Kıbrıs 20.02.2026 18:40

New Cuban ambassador praises ‘solidarity and hospitality’ of Cypriots

Cuba’s new ambassador in Nicosia Ruben Pino Martinez on Friday praised the “solidarity and hospitality” shown by Cypriots to his country. “For years, Cuba has known how to appreciate the clear solidarity and hospitality of Cypriots in multiple situations, appreciating this mutual respect and admiration for Cyprus,” he said after presenting his credentials to President […]

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Kıbrıs 20.02.2026 18:10

Missed Shiba Inu (SHIB)? Here’s the best crypto to buy before it explodes

If you watched Shiba Inu (SHIB) rally and found yourself wishing you’d gotten in earlier, you’re not alone. Many investors now look for the next opportunity with similar explosive potential but rooted in deeper utility and fundamentals.  Enter Mutuum Finance (MUTM), a rising DeFi project gaining momentum at an early price point. With growing interest […]

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Kıbrıs 20.02.2026 17:58

Spain ‘deeply concerned’ about division of Cyprus, new ambassador says

Spain is “deeply concerned” about the ongoing division of Cyprus, the country’s new ambassador in Nicosia Mercedes Alonso Frayle said on Friday. “As a close friend of Cyprus, Spain is deeply concerned about the division of the island since the military intervention of 1974 and the painful consequences of this division for both communities,” she […]

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