Rape case file against Phedonos handed over to legal service
Kıbrıs Cyprus Mail

Rape case file against Phedonos handed over to legal service

The case file regarding allegations of rape against suspended Paphos mayor Phedonas Phedonos was on Thursday handed over to the legal service. The receipt of the file was confirmed to the Cyprus Mail by the legal service, while television channel Omega had reported on Thursday afternoon that the file includes recommendations offered by the case’s […]

26.02.2026 13:58
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Cyprus industry ends 2025 on a high as production climbs
Kıbrıs Cyprus Mail

Cyprus industry ends 2025 on a high as production climbs

The Cyprus Industrial Production Index rose to 113.0 units in December 2025, marking a 3.5 per cent increase compared with the same month a year earlier, according to the Cyprus Statistical Service (Cystat). The index is based on 2021 as the reference year, set at 100 units, the service explained. For the full year, covering […]

26.02.2026 13:38
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Piraeus Bank posts €1.1 billion profit for 2025
Kıbrıs Cyprus Mail

Piraeus Bank posts €1.1 billion profit for 2025

Piraeus Bank on Thursday announced strong profitability of €1.1 billion for 2025, corresponding to a 16 per cent return on tangible equity, adjusted for extraordinary items. At the same time, net profit amounted to €250 million in the fourth quarter of 2025. Net interest income reached €477 million in the fourth quarter of 2025, marking […]

26.02.2026 13:33
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Cyprus media sector set for shake-up as investment firm eyes TV stake
Kıbrıs Cyprus Mail

Cyprus media sector set for shake-up as investment firm eyes TV stake

GlobalWealth Group PLC on Thursday announced to the Cyprus Stock Exchange that it has signed an agreement for the potential acquisition of a stake in Vergina Kypros TV Ltd as part of its strategy to expand its investment portfolio. The company stated that the agreement was concluded with Vergina Kypros TV Ltd and its existing […]

26.02.2026 13:28
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UK work visas drop as tighter immigration rules take effect
Kıbrıs Cyprus Mail

UK work visas drop as tighter immigration rules take effect

The number of work visas issued by Britain in the year to December 2025 fell by 19 per cent from the previous year, government data showed on Thursday, reflecting the ongoing impact of tighter visa rules. Successive governments have sought to introduce tighter controls on visas to limit legal migration, and to take action to […]

26.02.2026 13:21
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BoC supports local authorities in battling Larnaca FMD crisis
Kıbrıs Cyprus Mail

BoC supports local authorities in battling Larnaca FMD crisis

Recognising the seriousness of the public health crisis arising from confirmed cases of Foot-and-Mouth Disease (FMD) in the Larnaca district, Bank of Cyprus (BoC) has proceeded with the immediate provision of protective and medical equipment to the affected municipalities and competent authorities. Protective suits, along with specialised pharmaceutical and disinfectant products approved for use in […]

26.02.2026 13:15
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Attorney-general could authorise phone taps without court order under proposed bill
Kıbrıs Cyprus Mail

Attorney-general could authorise phone taps without court order under proposed bill

The government has amended its proposed phone-tapping legislation, with the latest amendment set would allow the attorney-general of the day to order the interception of telecommunications without prior court approval, under narrowly defined “exceptional circumstances” linked to state security. The bill, recently approved by cabinet, was presented in a closed session of the House legal […]

26.02.2026 13:14
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AI automation not yet causing eurozone layoffs, says ECB chief
Kıbrıs Cyprus Mail

AI automation not yet causing eurozone layoffs, says ECB chief

Artificial intelligence is boosting productivity in the eurozone but it is not yet causing a wave of layoffs due to greater automation of labour, European Central Bank President Christine Lagarde said on Thursday. “What we are seeing for the moment is that it’s increasing productivity,” Lagarde told a committee of the European Parliament. “But we […]

26.02.2026 13:08
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Police investigate Limassol car arson
Kıbrıs Cyprus Mail

Police investigate Limassol car arson

The police on Thursday said they are investigating a case of arson after a car in Limassol was set ablaze on Wednesday night. The car had been parked outside the home of a 45-year-old woman, and was being regularly used by her 21-year-old son. Fire brigade spokesman Andreas Kettis said the fire brigade was informed […]

26.02.2026 12:40
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UNIC recognised among PRME Champions Cohort for 2026-2027
Kıbrıs Cyprus Mail

UNIC recognised among PRME Champions Cohort for 2026-2027

The University of Nicosia (UNIC) is proud to announce its selection as a PRME Champion for the 2026-2027 cohort, joining a distinguished global group of 50 PRME Signatory Members recognised for exemplary commitment to advancing responsible management education and accelerating institutional transformation aligned with the Seven Principles of PRME. The recognition is awarded by the […]

26.02.2026 12:37
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KT DeFi’s new yield strategy delivers exceptional returns: New York investor earns over $100,000
Kıbrıs Cyprus Mail

KT DeFi’s new yield strategy delivers exceptional returns: New York investor earns over $100,000

New York, February 2026 – KT DeFi’s latest yield strategy has captured global attention after a New York investor reported earnings exceeding $100,000 in a short period. Amid ongoing cryptocurrency market volatility, this success underscores the rising appeal of structured digital asset strategies. Innovative, Strategy-Driven Approach KT DeFi’s new yield strategy combines automated smart contracts […]

26.02.2026 12:28
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Cyprus Begins First Cattle Vaccinations to Contain Foot‑and‑Mouth Outbreak

Cyprus Begins First Cattle Vaccinations to Contain Foot‑and‑Mouth Outbreak

Cyprus has begun administering the first vaccinations to cattle as part of efforts to contain the spread of foot‑and‑mouth disease, authorities said Thursday. The initial phase uses 10,000 vaccine doses delivered from the island’s northern areas. A further 529,000 doses supplied by the European Commission are expected to arrive in the coming days. Priority is […]

26.02.2026 12:15
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Alpha Bank Cyprus strengthens island’s Family Office ecosystem
Kıbrıs Cyprus Mail

Alpha Bank Cyprus strengthens island’s Family Office ecosystem

Alpha Bank Cyprus participated as Platinum Sponsor at the Members’ Meeting of F.O.C. Family Office Connect Cyprus Ltd, held in the context of the New Year’s Members’ Dinner. The event brought together distinguished members of the Family Office community and senior executives from the financial sector for a substantive dialogue on developments within the international […]

26.02.2026 12:14
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Anti-corruption authority concedes delay in Mafia State probe
Kıbrıs Cyprus Mail

Anti-corruption authority concedes delay in Mafia State probe

The anti-corruption authority on Thursday acknowledged delays in completing its investigation into the book Mafia State, insisting the probe remains on course and insulated from political pressure before parliamentary elections in May. In a detailed statement, the authority said the postponement of its final report was due to “objective difficulties” and not the substance of […]

26.02.2026 12:01
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Maritime cyberattacks doubled in 2025, report finds
Kıbrıs Cyprus Mail

Maritime cyberattacks doubled in 2025, report finds

Cyberattacks targeting the global maritime industry surged 103 per cent in 2025, rising from 408 incidents in 2024 to 828 incidents last year, as threat actors moved beyond data breaches and began targeting the core operational systems of vessels, according to the 2026 Maritime Cyber Threat White Paper published in February, by CYTUR Inc. The […]

26.02.2026 12:01
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Coral Cyprus (Shell licensee) certified as Great Place To Work®
Kıbrıs Cyprus Mail

Coral Cyprus (Shell licensee) certified as Great Place To Work®

Coral Cyprus (Shell Licensee), a leader in the energy and fuel sector in Cyprus, is proud to announce its official certification as a Great Place To Work®. This distinction marks a significant milestone, confirming the company’s steadfast commitment to fostering a people-centric, supportive and fair working environment. The certification is based solely on the feedback […]

26.02.2026 12:00
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Resort celebrates partners at carnival themed evening
Kıbrıs Cyprus Mail

Resort celebrates partners at carnival themed evening

City of Dreams Mediterranean on February 18 hosted an exclusive Partner Appreciation Evening to honour its associates for their contribution to positioning the resort as a leading regional luxury destination. The event welcomed around 200 local and international partners, stakeholders and distinguished guests for a carnival themed night featuring fine dining and top class entertainment. […]

26.02.2026 11:58
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Nespresso: 40 years of innovation, expertise, aesthetics in art of coffee
Kıbrıs Cyprus Mail

Nespresso: 40 years of innovation, expertise, aesthetics in art of coffee

This year, Nespresso celebrates 40 years of innovation in the art of coffee. From 1986 to the present day, it has evolved into a symbol of quality, creating unique taste experiences that reflect a passion for perfection. As part of the celebrations in Cyprus, Nespresso and Vassos Eliades Ltd, the brand’s official importer and representative […]

26.02.2026 11:52
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Man fined after untaxed tobacco seizure
Kıbrıs Cyprus Mail

Man fined after untaxed tobacco seizure

A large quantity of untaxed tobacco products was seized from a vehicle by police on Wednesday afternoon in the Dali area, with the vehicle’s 75-year-old owner being arrested and later fined. Police officers stopped the man at around 4.20pm on Wednesday while he was driving on a road leading from the north. They found 203 […]

26.02.2026 11:50
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Former CFA chief Koumas released on €100k bail
Kıbrıs Cyprus Mail

Former CFA chief Koumas released on €100k bail

Former Cyprus Football Association chairman Giorgos Koumas was on Thursday released on a bail worth €100,000 at the end of the first hearing of a criminal case filed against him in relation to alleged money laundering and conflicts of interest while he was in office. The case’s next hearing will take place on May 6, […]

26.02.2026 11:40
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ERB Cyprialife honours insurance leaders at legends awards
Kıbrıs Cyprus Mail

ERB Cyprialife honours insurance leaders at legends awards

Cypriot insurance provider ERB Cyprialife held its “Legends Awards 2026” at ParkLane hotel in Limassol on February 20, honouring insurance advisers and executives who are shaping the future of the insurance market in Cyprus. “More than 300 members of the company’s network attended an evening dedicated to recognition, progress and continuous growth,” the company said […]

26.02.2026 11:27
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Cyprus economic sentiment dips as services sector wavers
Kıbrıs Cyprus Mail

Cyprus economic sentiment dips as services sector wavers

Cyprus’ economic climate weakened in February, as a downturn in the services sector weighed on overall sentiment, while economic uncertainty rose among consumers and most businesses, according to the University of Cyprus’ Economic Research Centre (CypCER). The Economic Sentiment Indicator fell by 1.3 points compared with January, mainly due to a decline in services and, […]

26.02.2026 11:15
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Audit report exposes private enterprise’s monopoly on solar power
Kıbrıs Cyprus Mail

Audit report exposes private enterprise’s monopoly on solar power

A report released on Thursday by the audit office examined the rapid expansion of solar power grids and its inability to reduce electricity bills, instead consolidating profits in the hands of a small group of private companies while consumers absorbed rising costs. The report examined the conduct of the electricity authority (EAC), the energy regulatory […]

26.02.2026 11:08
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