Kıbrıs Cyprus Mail

Cyprus trade deficit widens in first quarter of 2026

Cyprus recorded a wider trade deficit in the first quarter of 2026, as imports increased while exports declined compared with the same period last year. Specifically, the trade deficit reached €2.04 billion in January to March 2026, compared with €1.88 billion during the corresponding period of 2025. According to the Cyprus Statistical Service (Cystat), total […]

11.05.2026 13:05

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Kıbrıs Cyprus Mail

Celestyal executives describe how two cruise ships escaped Strait of Hormuz

Celestyal’s safe extraction of two cruise ships from the Persian Gulf was carried out through a carefully staged operation that began with the removal of passengers, continued with the management of crews under pressure and ended with the passage of the vessels through the Strait of Hormuz, company executives said in an interview published by […]

11.05.2026 13:02

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Kıbrıs Cyprus Mail

BoCCF marks International Museum Day, European Night of Museums 2026

The Bank of Cyprus Cultural Foundation (BoCCF) is opening its spaces, inviting you to discover history, stimulate your imagination and take part in an experience connecting past and present through the following series of events. Wednesday, May 13, 2026 Guided tour with the curators of the Cyprus Insula exhibition, History-Memory-Reality Saturday, May 16, 2026 “Escape […]

11.05.2026 13:01

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Kıbrıs Cyprus Mail

Damianos hails new interim trade agreement with Mexico

Commerce Minister Michael Damianos on Monday hailed the European Union’s imminent signing of a new interim trade agreement with Mexico, describing it and the establishment of a more general strategic partnership with the country an “important milestone”. “By moving forward with these agreements, we are deepening our cooperation with a trusted partner and advancing the […]

11.05.2026 12:59

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Kıbrıs Cyprus Mail

Henry’s by Columbia: a refined business lunch experience in heart of Nicosia

Henry’s by Columbia welcomed journalists and media representatives to a business lunch dedicated to its refreshed midday culinary offering. Located in the heart of Nicosia, the well-known Columbia Restaurants venue presented an experience designed for the needs of today’s professional routine: a well-prepared meal in a stylish and comfortable setting, ideal for business meetings, conversations […]

11.05.2026 12:40

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Kıbrıs Cyprus Mail

Sea central to Cyprus’ future, deputy minister says

The sea is an integral part of Cyprus’ daily life, economy and future, Deputy Minister for Research, Innovation and Digital Policy Nicodemos Damianou said on Monday. Addressing a conference titled “From marine science to policymaking and from ocean research and development to the market” in Ayia Napa, Damianou highlighted the urgency of challenges facing the […]

11.05.2026 12:32

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Kıbrıs Cyprus Mail

Blackstone to buy leading Greek marketplace Skroutz from CVC Capital Partners

Blackstone announced on Monday that funds managed by its private equity business have reached a definitive agreement to acquire a majority stake in Skroutz, Greece’s largest online shopping platform, from CVC Capital Partners Fund VII. The transaction marks a major new chapter for Skroutz, which has grown into the most popular ecommerce platform in Greece, […]

11.05.2026 12:31

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Kıbrıs Cyprus Mail

MONEYGATE: Building financial infrastructure for a digital economy

The financial sector is being redefined in real time. From digital payments and embedded finance to regulatory transformation and intelligent automation, the way businesses manage and move money is undergoing a fundamental shift. At the heart of this transformation lies a simple but powerful reality: businesses are changing faster than the financial systems that support […]

11.05.2026 12:30

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Kıbrıs Cyprus Mail

How to be a mother when society doesn’t help?

Upon leaving the hospital with a newborn, new mothers are often expected to possess immediate knowledge of how to look after a child; a situation often assumed as coming naturally to a woman. For most mothers, the truth is far more complex, as it is influenced not only by compassion and commitment but also by […]

11.05.2026 12:30

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Kıbrıs Cyprus Mail

Raouna hails streamlining of EU biocides rules

European Affairs Deputy Minister Marilena Raouna on Monday hailed the European Union’s new simplified rules regarding the use of biocides in food and feed production, while the Council of the EU stressed that the new rules will “maintain … the EU’s very strict requirements for food and feed safety”. “The law adopted today demonstrates that […]

11.05.2026 12:25

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Kıbrıs Cyprus Mail

Louis Hotels unveils Summer 2026 campaign with 35% off on Cyprus, Greece stays

“Your summer starts here, where you belong.” With this message, Louis Hotels launched its summer campaign during a press conference held at the Hilton Nicosia. Featuring a selection of 25 hotels and villas in Paphos, Protaras and Limassol, as well as destinations across Greece, Louis Hotels creates the ultimate summer setting with accommodation options and […]

11.05.2026 12:25

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Kıbrıs Cyprus Mail

Probe into ‘Sandy’ case at advanced stage, police say

An investigative team has prepared a report on the progress of inquiries so far into the ‘Sandy’ case and submitted it to the chief of police for review, police spokesman Vyron Vyronos said on Monday. Vyronos said the report outlines developments in the ongoing investigation into the ‘Sandy’ case and that the chief of police […]

11.05.2026 12:16

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Kıbrıs Cyprus Mail

Infrastructure must keep pace with real estate growth, warns developers chief

Cyprus has reached an important juncture as international demand undergoes a fundamental shift from pure investment interest toward relocation, lifestyle, and a long-term presence on the island. Speaking after the recent RealtyOn Conference in Limassol, an event he described as the biggest annual conference for real estate professionals in the country, Cyprus Property Developers Association […]

11.05.2026 12:09

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Kıbrıs Cyprus Mail

Big Arch: McDonald’s™ Cyprus adds new menu option for larger appetites

With the central message “Silence your BIG Hunger”, McDonald’s™ Cyprus introduces the Big Arch, the newest permanent addition to its menu, further expanding the variety of choices available to customers. Designed to satisfy even the biggest appetite, the Big Arch enhances the McDonald’s range with a more substantial option for those seeking a larger portion […]

11.05.2026 12:08

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Kıbrıs Cyprus Mail

Body found in Liopetri, burning vehicle investigated

The British Bases police have launched an investigation after a dead body was discovered on Monday morning in an open area near a fish farm in Liopetri. The body was found in the vicinity of the village, prompting an immediate response from the British Bases police, who secured the scene. The British Bases said all […]

11.05.2026 12:06

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Kıbrıs Cyprus Mail

Cyprus stock exchange extends trading suspension for public company

The Cyprus Stock Exchange announced on Monday the continued suspension of trading for shares in Mr Pengu Public Company Ltd, which is listed on the Emerging Companies Market. The CSE confirmed that this decision was taken in accordance with Article 183 of the Cyprus Securities and Stock Exchange Law. The exchange explained that the grounds […]

11.05.2026 12:00

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Kıbrıs Cyprus Mail

Louis Hotels unveils upgraded 5* Premium All-Inclusive Imperial Island Resort in Paphos

A hidden oasis awaits in Paphos, where the blue of the sea meets the sun. The coolness of the grass and palm trees throughout the extensive gardens of the renovated five-star Premium All-Inclusive Imperial Island Resort blends with the coolness of the sea along the coast of the ancient harbour, creating a little paradise. With […]

11.05.2026 11:47

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Kıbrıs Cyprus Mail

Body found in Paphos, police investigating missing person link

The body of a man was found in Paphos on Monday morning, with police investigating whether it belongs to a person reported missing. The police said a vehicle was spotted in the village of Pretori, Paphos, at around 7.30pm on Sunday. The area was cordoned off and investigations began with a drone and thermal imaging.  […]

11.05.2026 11:45

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Kıbrıs Famagusta Gazette

Cyprus Unemployment at 4.2% in February

Cyprus’ unemployment rate stood at 4.2% in February, according to the most recent data released by Eurostat. Eurostat figures show the number of unemployed people in the Republic of Cyprus fell from 23,000 in January 2026 to 22,000 in February. For 2025 as a whole, unemployment averaged 23,000. Across the eurozone, unemployment rose slightly, from […]

11.05.2026 11:45

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Kıbrıs Cyprus Mail

Demetra Holdings board proposes €20 million dividend

Demetra Holdings Plc on Monday announced that its board of directors has proposed a total dividend payment of €20,000,000 for the fiscal year ending December 31, 2025. This strategic financial proposal, which follows a board meeting on May 8, corresponds to a payout of 10 cent per share to the company’s investors. The board also […]

11.05.2026 11:45

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Kıbrıs Cyprus Mail

Geopolitics ending the traditional five-year shipping cycle warns executive

Chartworld Shipping Company managing director Antonis Faraklas has warned that geopolitical instability has made international shipping increasingly difficult to predict, saying fleet diversification has become a key survival strategy for companies exposed to volatile market cycles.  Speaking at the 1st Mare Forum Chios, Faraklas said developments such as the war in Ukraine and tensions in the Middle East were reshaping freight […]

11.05.2026 11:38

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Kıbrıs Cyprus Mail

Cleaning works close Limassol–Paphos motorway

The right lanes on the Limassol–Paphos motorway have been closed in both directions due to cleaning works on the central island, police said on Monday. The closure was implemented at around 10.30am and is affecting traffic heading both towards Paphos and towards Limassol. Police said the works are ongoing and are expected to cause temporary […]

11.05.2026 11:33

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Kıbrıs Cyprus Mail

Fresh doubts over Limassol’s long-awaited affordable housing scheme

Limassol’s ambitious plan to deliver hundreds of affordable rental homes has been cast into fresh uncertainty as a growing rift between the municipality and the Cyprus Land Development Organisation (Koag) threatens to stall the project. According to Politis, both sides remain in favour of continuing the cooperation, recognising the scale of Limassol’s housing problem and […]

11.05.2026 11:33

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Kıbrıs Cyprus Mail

Cyprus hosts multinational Argonaut 2026 civil-military exercise

A multinational civil-military cooperation exercise, Argonaut 2026, is taking place in Cyprus from May 11 to May 15, the defence ministry announced on Monday. According to the ministry, the exercise will test the special national plans ‘Estia’ and ‘Tefkros’, which focus on the reception of civilians from neighbouring conflict zones, as well as the management […]

11.05.2026 11:28

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