Kıbrıs Cyprus Mail

Cyprus Business Now: tourism, banks, rising rents, digital euro, wages

The Bank of Cyprus (BoC) was named ‘Best Private Bank Cyprus 2026’ in the Global Banking & Finance Awards, organised by Global Banking & Finance Review, in recognition of its standing in private and affluent banking and its focus on personalised and innovative financial solutions. The award, according to an announcement from the bank, recognises its […]

21.04.2026 07:30

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Kıbrıs Cyprus Mail

Nicosia management seminar targets Cyprus building sector

The Cyprus Chamber of Commerce and Industry (Keve) has announced a two-day training programme for building managers, aimed at strengthening leadership and organisational skills. The programme, titled “Building Managers 360 degrees – comprehensive managerial skills”, will take place on May 20 and May 21, 2026. The sessions will be held at the Keve building in […]

21.04.2026 07:00

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Kıbrıs Cyprus Mail

Greek banks seen as undervalued despite strong profitability

Investment broker Eurobank Equities has said that the Greek banking sector, which includes financial institutions also operating in Cyprus, continues to be undervalued by the market, maintaining a “buy” recommendation for all banks and pointing to further upside potential. The brokerage also announced higher target prices for Greek banks, setting them at 4.50 euros for […]

21.04.2026 06:40

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Kıbrıs Cyprus Mail

UK manufacturers report patchy ability to ramp up industrial output

British manufacturers give a patchy picture of their ability to ramp up output should the government need to ​mobilise key industries, a survey showed on Monday. Britain ‌is redoubling efforts to restore domestic industrial capacity in sectors deemed strategically critical – from defence to energy – as it seeks to reduce dependence ​on foreign supply […]

21.04.2026 06:10

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Kıbrıs Cyprus Mail

Smartphone shipments fall as memory costs surge

Global smartphone shipments declined by 4.1 per cent year-on-year to 289.7 million units in the first quarter of 2026, marking the end of a 10-quarter growth streak, according to a report from the International Data Corporation (IDC). The slowdown comes amid limited memory supply and record-high memory prices, which are increasing pressure on manufacturers and […]

21.04.2026 06:00

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Kıbrıs Cyprus Mail

Excavations for missing persons intensify across Cyprus

Excavation works are underway in Kato Deryneia, Ayios Memnonas, where the committee of missing persons (CMP) is actively searching for the remains of twelve individuals, including women and children. Speaking on Monday, Greek Cypriot CMP representative Leonidas Pantelides confirmed that excavations are also taking place in Karavas, near a former landing point for the Turkish […]

21.04.2026 04:24

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Kıbrıs Cyprus Mail

Our View: Cancelling large projects is costing the tax payer millions

The Christodoulides government has made a habit of pulling the plug on several public projects, regardless of the cost to the taxpayer. The most high profile termination was the Vassiliko LNG import project, which was stopped almost two years ago because the Chinese consortium fell out with the natural gas infrastacture company – Etyfa – […]

21.04.2026 04:20

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Kıbrıs Cyprus Mail

Musician D4vd charged with murder of 14‑year‑old girl in Los Angeles

David Burke, a 21‑year‑old musician known professionally as D4vd, has been charged with first-degree murder in the death of 14‑year‑old Celeste Rivas Hernandez, months after her dismembered body was found inside the trunk of his Tesla, Los Angeles authorities said on Monday. D4VD was scheduled to be arraigned on Monday afternoon on charges including murder […]

20.04.2026 22:41

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Kıbrıs Cyprus Mail

Poor biosafety practices drove FMD spread, says Malas

Poor biosafety practices regarding the movement of animals are behind the spread of foot-and-mouth disease into new areas, special scientific committee head Stavros Malas said on Monday. Attending a meeting of the epidemiological group, Malas said the reasons for the virus reaching the Nicosia district remained unclear but that early indications pointed to negligence in […]

20.04.2026 22:28

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Kıbrıs Cyprus Mail

Gulf worries US-Iran talks may cement Tehran’s grip on Hormuz

A warning by Dmitry Medvedev has heightened concerns among Gulf states that reopening the Strait of Hormuz may be the most negotiations between Iran and the US can achieve, falling short of the broader de-escalation they consider essential. Officials and analysts expect the next round of talks, due in Islamabad, to focus less on Iran’s […]

20.04.2026 21:59

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Kıbrıs Cyprus Mail

Kontides sits 20th after opening day at Grand Slam of Hyeres

Cypriot sailor Pavlos Kontides finished the opening day of competition at the Grand Slam of Hyeres in France in 20th place overall in the ILCA7 class on Monday, with a mixed pair of results pointing to improving form as the week progresses. Kontides placed 18th in the first race of the day before a marked […]

20.04.2026 21:50

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Kıbrıs Cyprus Mail

Israel alleges Cyprus targeted by ‘Iranian covert network’

Israel’s intelligence service Mossad, the IDF, as well as its security agency, Shin Bet, alleged on Monday that Iran’s Islamic Revolutionary Guard Corps (IRGC) smuggled explosive drones from Iran through Turkey and into Cyprus as part of a “covert global terror network that also targeted military bases on the island”. According to a joint statement […]

20.04.2026 21:38

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Kıbrıs Cyprus Mail

Fate of Iran peace talks uncertain as deadline approaches for end of ceasefire

Iran is considering attending peace talks with the United States in Pakistan, a senior Iranian official told Reuters on Monday, following moves by Islamabad to end a US blockade of Iran’s ports, a major obstacle to Tehran rejoining negotiations. However, the official stressed that no final decision has been made. Adding to the uncertainty, a […]

20.04.2026 21:00

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Kıbrıs Cyprus Mail

‘E-kalathi app has failed to see supermarkets drop prices’

Noticeable price increases in products listed on the government’s e-kalathi online price comparison platform have emerged since last recorded, the Consumers Association warned on Monday, also finding limited competitive pressure across most participating supermarkets. The association processed and evaluated prices recorded on Monday, benchmarking them against data from July 2025. Its survey covered 42 randomly […]

20.04.2026 19:58

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Kıbrıs Cyprus Mail

‘Sandy’ affair won’t impact investigation into Drousiotis book

The ‘Sandy affair’ will not impact an ongoing investigation into other claims made by journalist Makarios Drousiotis, the anti-corruption authority said on Monday, as reports surfaced that yet another photograph provided by ‘Sandy’ turned out to be lifted from the internet. Head of the anti-corruption authority Harris Poyadjis said the claims swirling around ‘Sandy’ will […]

20.04.2026 19:55

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Kıbrıs Cyprus Mail

Family concert invites toddlers to the museum

Toddlers, music and museums. Can they come together? Most concerts are addressed to older audiences who sit quietly, with their phones on silent and clap politely when the performance is over. Some of these concerts are family-friendly, yet this upcoming one at the AGLeventis Gallery is specifically designed for infants! Who says toddlers under five […]

20.04.2026 19:52

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Kıbrıs Cyprus Mail

Starmer orders review into security concerns from Mandelson’s time in office

British Prime Minister Keir Starmer on Monday said he had asked the group overseeing security standards across government to examine any security concerns raised during Peter Mandelson’s tenure as ambassador to the United States. Starmer told lawmakers it was staggering that he had not been told that Mandelson had failed his security vetting clearance, even when he ordered […]

20.04.2026 19:24

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Kıbrıs Cyprus Mail

Kombos rebukes Turkish claims that Cyprus is in an ‘anti-Islamic’ axis with Israel

Foreign Minister Constantinos Kombos directly challenged his Turkish counterpart Hakan Fidan’s assertion that Greece, Cyprus and Israel have formed a military alliance against Muslim countries in the region. In a video published on Monday, the foreign ministry showcased Kombos’ diplomatic meetings with Gulf counterparts and featured footage of the minister’s meetings with officials from Egypt, […]

20.04.2026 19:02

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Kıbrıs Cyprus Mail

Dam capacity reaches 38%, up from last year

Reservoirs across the island reached about 38 per cent of capacity on Monday – a marked increase on the same time last year. Overall, the dams are now 37.9 per cent full, corresponding to 110 million cubic metres of water. At the same time last year, the dams held 23.6 per cent of capacity. Water […]

20.04.2026 18:54

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Kıbrıs Cyprus Mail

A new study, not new funding: Govt explains letter to EIB over interconnector

A joint letter sent by the governments of Greece and Cyprus to the European Investment Bank requested a new due diligence study, not extra funding, for the Great Sea Interconnector project, the Cyprus Mail was informed on Monday. Following reports that more funding for the project had been requested, sources close to the matter sought […]

20.04.2026 18:38

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Kıbrıs Cyprus Mail

Welfare officers ‘failed to act’ on child’s suicide warning

A criminal investigator testified on Monday before the Nicosia district court that social welfare officers failed to follow prescribed procedures in the case of 14-year-old Stylianos Constantinou, who died by suicide in September 2019. Appearing as a prosecution witness, Andreas Andreou presented findings from the criminal investigation into the boy’s death, telling the court that entries […]

20.04.2026 18:30

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Kıbrıs Cyprus Mail

North legislature votes unanimously to withdraw controversial welfare bill

The Turkish Cypriot legislature on Monday voted unanimously to withdraw a bill aiming to cut payments of the cost-of-living allowance to public sector workers which had earlier provoked a general strike and seen thousands of protesters descend on the legislature building on four occasions earlier this month. Members of the ruling coalition had met trade […]

20.04.2026 18:03

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Kıbrıs Cyprus Mail

Trump: Israel never talked me into war with Iran

President Donald Trump said on Monday that Israel did not persuade him to attack Iran, after news reports that Israeli leader Benjamin Netanyahu influenced the U.S. president’s decision and criticism from right-wing commentators. “Israel never talked me into the war with Iran, the results of Oct. 7th, added to my lifelong opinion that IRAN CAN […]

20.04.2026 17:50

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Kıbrıs Cyprus Mail

National Bank of Greece distributes shares to staff

The National Bank of Greece recently announced the free distribution of 169,060 ordinary registered voting shares to eligible beneficiaries under the third cycle of its 2023 Stock Awards Programme. The bank said the allocation follows the decision of the annual general meeting of shareholders on July 28, 2023, which established the share-based incentive programme for […]

20.04.2026 17:38

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