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Mega-deals drive global dealmaking to all-time record highs
Kıbrıs Cyprus Mail

Mega-deals drive global dealmaking to all-time record highs

Global M&A hits record $2.8 trillion in first half of 2026 A surge in $10-billion-plus “mega-deals” drove global M&A to record levels in the first half of 2026, LSEG data shows, as some companies took advantage of an easier regulatory backdrop to pursue ​what advisers said are their dream deals. The total value of announced […]

05.07.2026 09:30
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We need bases in Cyprus not their sovereignty
Kıbrıs Cyprus Mail

We need bases in Cyprus not their sovereignty

The legal status of the British military bases in Cyprus came under the spotlight again this week at a conference organised by the Cyprus Bar Association during which their legal status came under scrutiny. Two legal questions arise independently of their political complexities that are too long to grapple with in the space available. The […]

05.07.2026 09:00
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Cyprus Business Now: weekly wrap-up
Kıbrıs Cyprus Mail

Cyprus Business Now: weekly wrap-up

Here are the top business stories in Cyprus from the week starting June 29: Hotel occupancy in Paphos has fallen sharply compared with last year, with the city and district seeing rates around 20 per cent lower than the corresponding period of 2025, according to hoteliers association (Pasyxe) president Thanos Michaelides. Speaking to the Cyprus […]

05.07.2026 09:00
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Our View: Time for government to put politics aside and ensure energy supply
Kıbrıs Cyprus Mail

Our View: Time for government to put politics aside and ensure energy supply

Top executives of ExxonMobil and QatarEnergy were at the presidential palace on Tuesday for the signing of a joint declaration with the government that gave the status of ‘marketable’ to two gas fields in Cyprus’ EEZ. Although this does not mean the gas fields would ever be developed, President Nikos Christodoulides put the obligatory positive […]

05.07.2026 08:00
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Security and privacy identified as the top concerns for AI buyers
Kıbrıs Cyprus Mail

Security and privacy identified as the top concerns for AI buyers

AI platforms must move beyond generic market data and provide insights that are specifically tailored to an organisation’s unique internal context, according to technology intelligence firm IDC. While current artificial intelligence platforms can rapidly process broad information regarding market trends and vendor landscapes, they often struggle when faced with specific queries about a company’s internal […]

05.07.2026 08:00
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Tech giants shift focus from VR to AI smart glasses
Kıbrıs Cyprus Mail

Tech giants shift focus from VR to AI smart glasses

The near-eye display market is on track for a recovery in 2026, with revenue projected to climb to $675 million, representing a 12 per cent year-on-year increase following a sharp contraction during the previous year. According to the latest analysis from Omdia published on July 1, 2026, shipments are expected to reach 14.53 million units, […]

05.07.2026 07:30
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EU energy mix shifts as natural gas and renewables show growth
Kıbrıs Cyprus Mail

EU energy mix shifts as natural gas and renewables show growth

The supply of natural gas and renewable energy across the European Union grew during 2025, while the use of coal and petroleum products saw a continued decline, according to preliminary data released by Eurostat this week. The supply of natural gas increased by 2.3 per cent compared with 2024, amounting to approximately 13.1 million terajoules, […]

05.07.2026 07:00
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Foreign takeover offers for UK companies hit $231 billion in 2026
Kıbrıs Cyprus Mail

Foreign takeover offers for UK companies hit $231 billion in 2026

A rush of foreign bids for UK companies has put Britain on track to outstrip all previous records for dealmaking in 2026, with the total ​value of offers for the country’s companies rising 210 per cent from this time last year to more than $231 ‌billion so far. Bids for Britain’s Intertek (ITRK.L), Schroders (SDR.L) […]

05.07.2026 06:00
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Cyprus wants 85,000 electric vehicles by 2030, but how?
Kıbrıs Cyprus Mail

Cyprus wants 85,000 electric vehicles by 2030, but how?

A small island nation that takes merely a couple hours to drive across, Cyprus has consistently had one of the lowest electric vehicle adoption rates in Europe but recent data is looking increasingly positive. It is Cyprus’ goal, according to Transport Minister Alexis Vafeades, to have 85,000 electric vehicles on the roads by 2030. Vafeades […]

05.07.2026 04:24
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Kylian Mbappe’s penalty lifts France past Paraguay into quarterfinals
Kıbrıs Cyprus Mail

Kylian Mbappe’s penalty lifts France past Paraguay into quarterfinals

France knew what they were up against with a Paraguay side that would do everything in their power to rattle the two-time World Champions. And eventually, they overcame it. Kylian Mbappe converted from the spot in the 70th minute for his 19th career World Cup goal and seventh of this tournament as France outlasted Paraguay […]

05.07.2026 04:00
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Morocco reach quarter-finals as co-hosts Canada knocked out
Kıbrıs Cyprus Mail

Morocco reach quarter-finals as co-hosts Canada knocked out

Azzedine Ounahi’s second-half brace helped Morocco overcome a tepid start for a 3-0 victory over Canada in Houston on Saturday to advance to the quarterfinals for a second straight World Cup. Morocco, unbeaten in 34 matches, plays June 9 in Boston against the winner of the France-Paraguay match from later Saturday. Ounahi gave Morocco the […]

04.07.2026 22:14
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Doubles players angry at proposed ATP cuts
Kıbrıs Cyprus Mail

Doubles players angry at proposed ATP cuts

Doubles players have reacted angrily to suggestions that the ATP Tour plans to reduce the size of draws and prize money at tournaments with British player Julian Cash accusing the organisation of trying to kill off part of the sport. Under plans discussed this week, doubles draws at ATP 1000 events would be halved to […]

04.07.2026 19:14
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Argentina’s hard-fought win over Cape Verde raises questions
Kıbrıs Cyprus Mail

Argentina’s hard-fought win over Cape Verde raises questions

Argentina advanced to the World Cup last 16 with a 3-2 extra-time victory over Cape Verde, but the reigning champions left the match with new doubts after being pushed to the brink by the tournament debutants. Cape Verde twice came from behind and exposed vulnerabilities in the South American team before defender Cristian Romero’s header, […]

04.07.2026 19:04
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Rising star Eala topples holder Swiatek to reach Wimbledon last 16
Kıbrıs Cyprus Mail

Rising star Eala topples holder Swiatek to reach Wimbledon last 16

Iga Swiatek’s Wimbledon title defence went up in smoke as the Polish third seed fell 7‑6(9) 6-2 to rising Filipina Alexandra Eala in the third round after a fierce gladiatorial battle at the All England Club on Saturday. Last year’s triumph ended years of questions about Swiatek’s ability to master the sport’s fastest surface, yet […]

04.07.2026 18:15
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Williams sisters pull out of Wimbledon doubles after Serena injury
Kıbrıs Cyprus Mail

Williams sisters pull out of Wimbledon doubles after Serena injury

Serena Williams pulled out of her Wimbledon doubles campaign alongside sister Venus after sustaining a knee injury during her opening-round singles defeat, stripping the Saturday draw of a major headline act on American Independence Day. Serena announced the news on social media alongside a video of herself limping with strapping on her right leg, and […]

04.07.2026 18:14
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Ake leaves Man City after six seasons to join Fenerbahce
Kıbrıs Cyprus Mail

Ake leaves Man City after six seasons to join Fenerbahce

Nathan Ake has joined Turkish side Fenerbahce, subject to international clearance, bringing an end to a highly successful six-year spell at Manchester City, the Premier League club said on Saturday. “It’s been a privilege to represent Manchester City over the past six years and I’m so grateful to have been part of a special team,” […]

04.07.2026 17:56
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Earthquake felt in Limassol
Kıbrıs Cyprus Mail

Earthquake felt in Limassol

An earthquake measuring 2.2 on the Richter scale occurred in Limassol on Saturday afternoon. According to the European-Mediterranean Seismological Centre, the earthquake occurred at a depth of 8.4 kilometres at around 3.20pm local time. Locals reported light trembling.

04.07.2026 17:46
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India’s 15-year-old batting sensation Sooryavanshi makes senior debut against England
Kıbrıs Cyprus Mail

India’s 15-year-old batting sensation Sooryavanshi makes senior debut against England

India batting prodigy Vaibhav Sooryavanshi became the youngest player to represent the country after receiving his maiden international cap ahead of Saturday’s Twenty20 International against England in Manchester, surpassing Sachin Tendulkar’s long-standing record. The left-hander was presented his cap by teammate Tilak Varma before the start of the match, becoming India’s 122nd men’s T20 international […]

04.07.2026 17:45
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Iranians flock to week-long funeral rites for Khamenei
Kıbrıs Cyprus Mail

Iranians flock to week-long funeral rites for Khamenei

Mourners thronged a vast prayer complex in Tehran on Saturday as the week-long funeral ceremonies of Iranian Supreme Leader Ayatollah Ali Khamenei began with the national anthem, religious eulogies and readings from the Koran. Iran is staging mass funeral processions for Khamenei – whose 37-year reign was brought to an end in February by the […]

04.07.2026 17:26
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Property issue can only be solved through ‘sincerity’
Kıbrıs Cyprus Mail

Property issue can only be solved through ‘sincerity’

The Greek Cypriot leadership continues efforts to instrumentalise the law for political purposes in matters relating to property, Turkish Cypriot leader Tufan Erhurman said on Saturday. “The property issue is not only a problem for Greek Cypriots, but also for Turkish Cypriots – and the solution is through sincerity,” he said. Erhurman said that the […]

04.07.2026 17:23
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Brazil face Haaland and Norway hoodoo in World Cup last 16
Kıbrıs Cyprus Mail

Brazil face Haaland and Norway hoodoo in World Cup last 16

Brazil have spent decades collecting World Cup wins like precious stones but on Sunday in New Jersey they run into opponents who stubbornly refuse to join the pile – Norway. The record five-times champions, chasing a sixth title, face Erling Haaland, Martin Odegaard and a Norwegian side who are the only team Brazil have played […]

04.07.2026 17:09
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