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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Kıbrıs Cyprus Mail

Alexandros Panayiotou sworn in as Supreme Court judge

Alexandros Panayiotou was sworn in as a Supreme Court judge on Monday, and spoke at his swearing-in ceremony of the difficult times ahead for the rule of law, both domestically and internationally. “In the difficult times in which we are living today, where a dangerous environment of questioning international law is taking shape at the […]

11.05.2026 11:23

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Kıbrıs Cyprus Mail

Bank of Cyprus posts €121m profit, reports strong lending growth

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 […]

11.05.2026 11:11

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Kıbrıs Cyprus Mail

Visa selects seven startups from Cyprus, Greece, and Malta for innovation hub

Visa has selected seven fintechs from Greece, Cyprus and Malta for the 2026 cycle of the Visa Innovation Programme Europe, as applications from the three markets rose by around 50 per cent year-on-year, pointing to growing momentum across the regional fintech ecosystem. Now in its eighth cycle, the programme is designed to support fintech growth, strengthen […]

11.05.2026 11:00

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Kıbrıs Cyprus Mail

Treasury office launches interactive digital tool to track state budget

The treasury office has launched a new digital tool allowing citizens to monitor the implementation of the state budget through open, interactive data, accountant general Andreas Antoniades said. Speaking to the Cyprus News Agency (CNA), Antoniades said that the platform, based on Microsoft Power BI, forms part of the wider digital transformation of fiscal management […]

11.05.2026 10:58

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Kıbrıs Cyprus Mail

More than 568,500 voters registered for May 24 elections

A total of 568,587 voters are registered for the parliamentary elections on May 24, the chief returning officer announced on Monday. The officer also confirmed that 1,217 polling stations will operate across Cyprus and abroad for the parliamentary elections and the election of the representative of the Maronite religious group. Nicosia has the largest number […]

11.05.2026 10:49

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Kıbrıs Cyprus Mail

Historic milestone: Paphos team awarded at world robotics championship in Texas

Team 22222 Robobober from Lumio Private School has achieved a historic milestone, securing third place in the Sustain Award category at the FIRST Tech Challenge World Championship, held in Houston, Texas from 29 April to 2 May 2026. The FIRST Championship is one of the world’s largest robotics events, featuring 20,000 participants from more than […]

11.05.2026 10:27

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