Kıbrıs Cyprus Mail

AmCham Cyprus to host executive AI forum in Nicosia

The American Chamber of Commerce in Cyprus (AmCham) has announced that its Digital Transformation and Fintech Committee will host a high-level executive forum on artificial intelligence in Nicosia on May 25. The forum will bring together business leaders, policymakers and technology experts to examine how organisations can turn AI compliance into a competitive advantage. The […]

12.05.2026 07:40

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Kıbrıs Famagusta Gazette

EU says airlines must prove fuel shortages to avoid paying compensation for cancellations

Airlines can be exempted from paying compensation for cancelled flights only if they can prove a local fuel shortage caused the disruption, but high fuel prices alone do not qualify as “extraordinary circumstances,” the European Commission has said. The guidance was issued amid fuel‑supply disruptions and route closures linked to the Middle East crisis. The […]

12.05.2026 07:34

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Kıbrıs Famagusta Gazette

Commerzbank to invest in AI, cut up to 3,000 jobs

Commerzbank, Germany’s second‑largest lender, said Friday it will expand its investment in artificial intelligence and cut as many as 3,000 jobs as part of its ongoing restructuring. The bank said in a statement on its first‑quarter results that AI is expected to “free up and partially redeploy around 10 percent” of its workforce capacity, calling […]

12.05.2026 07:33

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Kıbrıs Cyprus Mail

Cyprus Business Now: Bank of Cyprus, shipping, housing, Skroutz, shipping, Cyta

The Bank of Cyprus (BoC) on Monday reported a profit after tax of €121 million for the quarter ended March 31, 2026, supported by strong lending growth, resilient asset quality and robust capital generation. The bank also posted a return on tangible equity (ROTE) of 18.0 per cent during the first quarter of 2026, while basic earnings per share […]

12.05.2026 07:30

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Kıbrıs Cyprus Mail

Oev and Anad discuss skills gap and workforce training

The Education, Training and Young Talent Attraction Committee of the Cyprus Employers and Industrialists Federation (Oev) recently met with the management of the Human Resource Development Authority (Anad) to discuss skills development and labour market competitiveness in Cyprus. According to an announcement released thsi week, the meeting was held on May 5, as part of […]

12.05.2026 07:00

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Kıbrıs Cyprus Mail

Credit expansion signals stronger economic momentum in Greece

Greek banks reported strong credit expansion in the first quarter of 2026, reinforcing expectations that lending growth will support the country’s economic trajectory, according to published banking results and sector forecasts. According to a report from Greek business outlet Newmoney, credit expansion among the three systemic lenders that announced first quarter results reached around €2.9 […]

12.05.2026 06:50

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Kıbrıs Cyprus Mail

Shipowner warns European deindustrialisation is being fueled by expensive LNG

Greek shipowner George Prokopiou has criticised Europe’s energy policy, arguing that political decisions on shipping, natural gas and LNG have left the continent facing higher costs, weaker industry and choices that may prove difficult to reverse.  Speaking at the 1st Mare Forum Chios, Prokopiou delivered a sharp assessment of Europe’s response to the energy crisis, the war in Ukraine and […]

12.05.2026 06:30

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Kıbrıs Cyprus Mail

British jobs market loses momentum as Iran conflict heightens recruiter caution

Britain’s jobs market lost momentum in April after recruiters turned more cautious about hiring as the ​Iran war heightened cost pressures, an industry survey ‌showed on Monday. The monthly Report on Jobs from accountants KPMG and the Recruitment and Employment Confederation, a trade body, showed permanent job ​placements fell at the fastest pace since January, […]

12.05.2026 06:00

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Kıbrıs Cyprus Mail

Late Roman copper slag found in Larnaca Salt Lake area

Copper slag dating to the Late Roman period has been discovered in the Aliki area of Larnaca during archaeological work carried out in 2025, the department of antiquities said on Monday. This discovery was made during the Hala Sultan Tekke Hinterland Project, which ran for three weeks in October and November last year around the […]

12.05.2026 04:24

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Kıbrıs Cyprus Mail

Our View: All the real issues being avoided in Cyprus talks

Negotiations on the Cyprus problem seem to have entered a period that could be described as a lesson in how to maintain the status quo without having a falling out by simply avoiding the real issues. After their meeting on Friday, the leaders came up with several extremely low-level confidence building measures, things they could […]

12.05.2026 04:20

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Kıbrıs Cyprus Mail

US says 18 passengers flown back after hantavirus outbreak on ship

U.S. Department of Health and Human Services officials said on Monday that 18 passengers from the luxury cruise ship hit by a hantavirus outbreak were flown back to the U.S. and quarantined, with the one passenger who tested positive in a Nebraska biocontainment unit. The passengers are currently being monitored for hantavirus at U.S. medical […]

11.05.2026 21:50

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Kıbrıs Cyprus Mail

Ustel handwrites draft bill to cut Turkish Cypriot politicians’ salaries

Turkish Cypriot ‘prime minister’ Unal Ustel on Monday handwrote a draft bill to cut Turkish Cypriot ‘MPs’ salaries by 10 per cent during a session of the Turkish Cypriot legislature. Members had been discussing the north’s rising cost of living and matters related to income equality, with opposition party CTP member Devrim Barcin pointing out that […]

11.05.2026 21:29

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Kıbrıs Cyprus Mail

Fidias accused of fueling antisemitism

MEP Fidias Panayiotou has courted more controversy, this time after his remarks about Israeli nationals buying up property in Cyprus drew condemnation from the Israeli ambassador. The story was picked up by a number of Israeli media outlets, including Ynet, the Jerusalem Post and Maariv. In a recent video, filmed against the backdrop of the […]

11.05.2026 20:49

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Kıbrıs Cyprus Mail

‘Era of revelations’ on UFOs has begun

The release of declassified material on unidentified flying objects marks the start of a new phase of disclosure, head of the Cyprus space exploration organisation (CSEO) George Danos said on Monday. Speaking to Cyprus News Agency, he said the coming period could be key in answering whether humanity is alone in the universe or being […]

11.05.2026 20:47

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Kıbrıs Cyprus Mail

Christodoulides meets EU commissioner for energy

President Nikos Christodoulides on Monday met European Union commissioner for energy and housing Dan Jorgensen in Nicosia. During their meeting, the president emphasised that both housing and energy were matters of high priority for the EU. Jorgensen thanked Christodoulides for his work in the field during Cyprus presidency of the EU council. He stressed that […]

11.05.2026 20:45

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Kıbrıs Cyprus Mail

Michaelides accused of portraying himself as a ‘Messiah’

Opposition Akel on Monday hammered former auditor-general Odysseas Michaelides for insinuating that its leader was implicated in the Vasiliko scandal. Michaelides, who made the comments on CyBC, had first floated the idea last week during a live televised debate featuring party leaders. Hitting back hard on Monday, an outraged Akel accused Michaelides – now the […]

11.05.2026 20:39

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Kıbrıs Cyprus Mail

EU ministers dismiss Putin’s idea of role for Schroeder in future security talks

European governments on Monday rejected asuggestion by Russian President Vladimir Putin that former German chancellor Gerhard Schroeder could represent them in possible future talks with Moscow on the continent’s security. Putin said on Saturday he believed the war in Ukraine was coming to an end and that he would be willing to negotiate new security […]

11.05.2026 20:38

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Kıbrıs Cyprus Mail

Family of Florida mass shooting victim sues OpenAI in US court

The family of a man killed in a 2025 mass shooting at Florida State University has filed a lawsuit against OpenAI in a U.S. court, claiming the shooter was aided by ChatGPT in planning the attack. The family of Tiru Chabba filed the lawsuit on Sunday in Florida federal court against the company and the […]

11.05.2026 20:22

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Kıbrıs Cyprus Mail

Eurovision’s other Israel-related challenge: new voting rules

This week’s Eurovision Song Contest, already stung by boycotts over Israeli participation, is also facing a test of new public-voting rules introduced to address complaints about Israel’s ability to mobilise votes in the last competition. The contest, a celebration of pop music and high camp now in its 70th year, is no stranger to tussles […]

11.05.2026 19:53

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Kıbrıs Cyprus Mail

Trump says Iran ceasefire is ‘on life support’ after he rejects Tehran’s response

President Donald Trumpsaid on Monday that a ceasefire with Iran was “on life support” after he rejected Tehran’s response to a U.S. peace proposal, fuelling concerns of a resumption of hostilities in the 10-week-old conflict that has killed thousands and halted vital energy flows. Days after Washington floated a proposal aimed at reopening negotiations, Iran […]

11.05.2026 19:36

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Kıbrıs Cyprus Mail

‘Where to vote’ website goes live ahead of elections

The chief returning officer for the upcoming elections on Monday announced the website Where Do I Vote website had gone live while a helpline to notify qualifying electors of their voting locations the upcoming elections was also available. Voters can check the polling station they are to vote at by either entering their birth date […]

11.05.2026 19:32

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Kıbrıs Cyprus Mail

Time for kleftiko?

It is almost time for kleftiko to hit the table. As the weather turns hot and the ovens are fired up, one culinary dish of Cyprus makes its comeback, as it does every summer – the slow-roasted lamb kleftiko. Soon, summer festivals will honour the local dish serving big portions and hearty mouthfuls and one […]

11.05.2026 19:01

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Kıbrıs Cyprus Mail

Internal disconnect and fan protests, AC Milan feeling the heat

AC Milan’s season reached a new low on Sunday as a 3-2 home defeat by Atalanta left the seven-time European champions scrambling to secure Champions League qualification and piling pressure on manager Massimiliano Allegri. Milandropped to fourth in Serie A behind Juventus, with in-form AS Roma sitting level on points to further complicate the race […]

11.05.2026 18:46

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Kıbrıs Famagusta Gazette

Cyprus Gears Up for May 24 Parliamentary, Local Elections

Cyprus is preparing for its May 24 parliamentary elections. Authorities estimate about 1,200 polling stations will operate on election day, staffed by roughly 5,300 public employees and 1,200 police officers. Voters will choose mayors, local council members and officials for newly merged municipalities and local authorities on the same day as the parliamentary poll, as […]

11.05.2026 18:45

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