Kıbrıs Cyprus Mail

Iraqi oil loadings briefly suspended after drone hits tanker at Basra, sources say

Iraq briefly suspended oil loadings on Thursday before resuming them after a drone hit an oil tanker at its Basra terminal, four Iraqi oil and security sources told Reuters. The drone did not cause damage or fire and it was not immediately clear who launched it, the sources added. The incident was not a direct […]

16.07.2026 15:00

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Kıbrıs Cyprus Mail

Cyprus workers among those with the longest careers in the EU

Men in Cyprus expected to work over 5 years longer than women Cyprus recorded one of the European Union’s longest expected working lives in 2025, with people aged 15 and over projected to spend an average of 39.5 years in employment, according to figures released on Thursday by Eurostat. The latest data place Cyprus above […]

16.07.2026 14:54

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Kıbrıs Cyprus Mail

Dismissal of Ukraine’s defence chief sparks political crisis

Rare protests erupted in Ukraine on Thursday over the dismissal of defence minister Mykhailo Fedorov as a dispute between the reformer and Kyiv’s top general spilled into the open during the president’s second overhaul of his wartime cabinet in a year. Volodymyr Zelenskiy’s reshuffle has fuelled public anger over his exclusion of Fedorov, a 35-year-old […]

16.07.2026 14:47

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Kıbrıs Cyprus Mail

Porsche Advanced Package: the perfect enhancement for Macan Electric

Porsche Cyprus is pleased to announce the availability of the new Macan Advanced Package, offering customers an enhanced combination of luxury, comfort and technology. Carefully curated to elevate the driving experience, the package brings together some of the Macan’s most sought-after features in one comprehensive offering. The Macan Advanced Package includes a free choice from […]

16.07.2026 14:35

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Kıbrıs Cyprus Mail

Lakatamia opens cooling centres for heatwaves

Lakatamia municipality announced on Thursday that it will open three cooling centres during heatwaves to help residents cope with extreme temperatures. The centres are intended to “address the effects of the heatwave, to assist and protect the public”, the municipality said. They are located at the Lakatamia multipurpose centre, the Tseri multipurpose senior services centre […]

16.07.2026 14:31

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Kıbrıs Cyprus Mail

Vance says some in Israeli government sought to sway US on Iran deal

US Vice President JD Vance said some members of the Israeli government had tried to influence US public opinion to oppose a deal by the US to end the war with Iran, in a podcast episode with host Joe Rogan posted on Wednesday. The comments echoed earlier criticism of Israeli government policy by Vance, whom […]

16.07.2026 14:29

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Kıbrıs Cyprus Mail

Cyprus banking system sees decline in total non-performing loans

Non-performing loans (NPLs) in Cyprus’ banking sector fell slightly to €830 million at the end of April 2026, while the overall NPL ratio remained unchanged, according to figures released on Thursday by the Central Bank of Cyprus (CBC). Specifically, the latest figures showed that total non-performing loans (NPLs) declined from €835 million in March to […]

16.07.2026 14:23

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Kıbrıs Cyprus Mail

Cypriots bet big as market reaches €360m

Cyprus’ betting market continued to expand during the first quarter of 2026, with total gross revenue from Class A and Class B operators rising by 12 per cent year-on-year to €360.1 million, according to figures released by the National Betting Authority (NBA).  The figure compares with €320.9m in the corresponding period of 2025, reflecting the continued […]

16.07.2026 14:17

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Kıbrıs Cyprus Mail

Italy’s parliament backs Meloni’s contested electoral reform

Italy’s lower house of parliament on Thursday approved a highly contested government plan to overhaul the electoral law, a move opponents denounced as an attempt to help Prime Minister Giorgia Meloni retain power in the next election due in 2027. The proposal by the ruling right-wing coalition, comprising Meloni’s Brothers of Italy, the League and […]

16.07.2026 14:11

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Kıbrıs Cyprus Mail

Russia and Ukraine strike vessels in Black Sea, wheat prices jump

Ukraine and Russia launched missile and drone attacks on Thursday on vessels in the Black Sea and the Sea of Azov, stepping up hostilities in a zone vital for grain exports that have triggered a rise in global wheat prices. Ukraine’s military said it struck six Russian tankers and two tugboats, while Russia’s defence ministry […]

16.07.2026 14:10

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Kıbrıs Cyprus Mail

AI already reshaping how we work and live, says CITEA director

Artificial intelligence is no longer a technological trend observed from a distance, but a reality already transforming the way people work, do business, create and make decisions, according to Matina Zisiadou, director of the Cyprus Information Technology Enterprises Association (CITEA).  Reflecting on the recent CITEA Digital Cyprus Conference, Zisiadou said discussions involving representatives from the technology community, the business […]

16.07.2026 13:54

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Kıbrıs Cyprus Mail

Geroskipou Blue Flag beaches receive excellent water quality rating

Sea water at Geroskipou’s Blue Flag beaches has been classified as being of excellent quality, the municipality announced on Thursday. The announcement followed laboratory testing carried out by the Cyprus Marine Environment Protection Association (CYMEPA). The municipality said CYMEPA conducted laboratory analyses of sea water at Geroskipou’s three Blue Flag beaches, namely the Municipal Beach, […]

16.07.2026 13:43

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Kıbrıs Cyprus Mail

XM Group funding four major projects in fire-affected Limassol communities

Following the announcement of a €5 million contribution towards the recovery of the fire-affected communities of Limassol, XM Group is now proceeding with the funding of four major infrastructure projects that are expected to revitalise communities across the region. Vouni community park Specifically, in the village of Vouni, XM Group will fund the creation of […]

16.07.2026 13:38

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Kıbrıs Cyprus Mail

Jumbo to return €161 million to shareholders throughout 2026

Greek retail group Jumbo maintained its outlook for 2026 this week, forecasting sales growth of around 5 per cent and net profit of between €310 million and €320 million, after sales recovered following the temporary ceasefire in the Iran conflict.  The guidance was reiterated during the group’s annual general meeting on July 15, which recorded shareholder […]

16.07.2026 13:34

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Kıbrıs Cyprus Mail

EU sanctions on Russia meet resistance from Greek shipping sector

The European Union’s attempt to tighten restrictions on Russian LNG shipping has run into resistance from Greece, opening a new dispute over whether sanctions are weakening Moscow or simply driving valuable vessels and maritime business beyond European control.  Athens is withholding its support for the bloc’s 21st sanctions package against Russia, with the Financial Times reporting that Greece raised […]

16.07.2026 13:25

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Kıbrıs Cyprus Mail

Magnitude 6.3 earthquake strikes near tourist hotspot in New Zealand’s South Island

An earthquake of magnitude 6.3 struck near the town of Te Anau in New Zealand’s South Island, prompting the authorities to issue a tsunami warning. The epicenter of the earthquake was about 40 km (24.85 miles) north of Te Anau, which is the gateway to the tourist hotspot of Fiordland, according to the New Zealand […]

16.07.2026 13:14

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Kıbrıs Cyprus Mail

IOC defends Russian Olympic Committee reinstatement after EU countries call for funding cuts

The International Olympic Committee (IOC) defended its decision to provisionally lift the suspension of the Russian Olympic Committee (ROC) after nine European Union member states called on Brussels to stop funding sports bodies that have re-admitted Russian and Belarusian athletes. In a letter to European sports commissioner Glenn Micallef, the countries urged the European Union […]

16.07.2026 13:04

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Kıbrıs Cyprus Mail

Father accused over deaths of two children seeks permission to attend funeral in Bulgaria

The father accused of causing the deaths of his two young children after they were left in a vehicle in Xylofagou is seeking permission to travel to Bulgaria to attend their funeral, with the Sovereign Base Areas court due to consider the request later this month. During a hearing on Thursday, defence lawyer Michael Theodoulou […]

16.07.2026 12:46

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Kıbrıs Cyprus Mail

Reputation Exchange shares removed from CSE index

The Cyprus Stock Exchange (CSE) announced on Thursday a forthcoming change to the composition of the Emerging Companies Market Index, which serves as a benchmark for the market. Specifically, the stock exchange informed investors that the shares of the Reputation Exchange PLC are being removed from the index. According to the exchange, this decision was […]

16.07.2026 12:33

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Kıbrıs Cyprus Mail

Cyprus pensions remain at the lower end of the European scale

Retirement in Europe comes with no common safety net. A pensioner in one member state may be expected to live on little more than €250 a month, while in Luxembourg somebody with a full insurance record is protected at more than €2,400.  Between those two figures lies a complicated collection of national systems, each with its own […]

16.07.2026 12:25

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Kıbrıs Cyprus Mail

Limassol port operator supports Tepak excellence awards

DP World Limassol, the operator of the Limassol port’s general cargo and cruise terminal, has donated €1,000 to support the Cyprus University of Technology (Tepak) Excellence Awards, strengthening a long-term partnership aimed at developing the next generation of logistics professionals. The company said the donation forms part of its broader sustainability strategy, which places particular […]

16.07.2026 12:19

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Kıbrıs Cyprus Mail

Paphos plans harbour upgrades with cruise pier and environmental improvements

The Paphos municipality and the Cyprus Ports Authority held a meeting this week to discuss improvements at Kato Paphos harbour, focusing on infrastructure, tourism development, and preserving the area’s historic character. Among the issues discussed was the extension of the harbour entrance and the expansion of the breakwater behind the Mediaeval castle. Authorities said the […]

16.07.2026 12:13

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Kıbrıs Cyprus Mail

How AI assistants are quietly taking over corporate travel

Talk to anyone running corporate travel this year and the same complaints come up. Too many approvals. Systems that don’t talk to each other. An expense report that should take 10 minutes and somehow consumes 45. What’s changed is who does the work. AI assistants have quietly taken over a chunk of the travel management […]

16.07.2026 12:02

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Kıbrıs Cyprus Mail

Frederick University: Education that creates Impact

Frederick University: Education that creates Impact University continues to evolve, investing in academic excellence, research, internationalisation and sustainable development. Offering more than 80 academic programmes of study, supported by a strong research ecosystem, a comprehensive student support framework and state-of-the-art facilities, Frederick University has established itself as one of the largest, most prominent and most […]

16.07.2026 12:00

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