Kıbrıs Cyprus Mail

FDI: new rules for foreign investment

By Theodora Alexandrou, Maria Vyronos and Alexandra De Gouveia Cross-border investment has long been one of the most powerful engines of economic integration, shaping markets, supply chains and corporate strategies across jurisdictions. In an increasingly interconnected world, capital no longer flows merely to seek returns, but to secure access to technology, resources, infrastructure, and strategic […]

18.02.2026 10:30

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Kıbrıs Cyprus Mail

Kombos heads to Washington for Board of Peace council

Foreign Minister Constantinos Kombos will travel to Washington DC on Wednesday to represent Cyprus at Thursday’s meeting of the Gaza Board of Peace with observer status. The meeting will focus on the next steps for implementing the Sharm el-Sheikh peace agreement and President Donald Trump’s own peace plan, which was endorsed by the UN Security […]

18.02.2026 10:03

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Kıbrıs Cyprus Mail

Painting, sculpture and mosaic exhibition in Nicosia

A painting, sculpture and mosaic exhibition opens at Gloria Gallery this February, presenting the works of the distinguished Cypriot artist George Kotsonis. The opening on Friday will be held inaugurated by former Disy president Averof Neophytou. “George Kotsonis is considered one of the most important and widely recognised Cypriot artists of his generation,” comments Gloria […]

18.02.2026 09:55

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Kıbrıs Cyprus Mail

Nato 1.0 is dead. Long live Nato 2.0

Every year at this time the North Atlantic Treaty Organisation (Nato), the world’s most powerful alliance for the past 77 years, holds a conference in Munich to examine its state of health. The one just past was really a wake, but it played out more like the immortal Dead Parrot sketch from Monty Python, in […]

18.02.2026 09:53

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Kıbrıs Cyprus Mail

Trump Hails Greek-American Ties as ‘Stronger Than Ever’

President Donald Trump said relations between the United States and Greece are “stronger than ever” during the presentation of credentials by Greece’s new ambassador to Washington, Antonis Alexandrides. Speaking at the White House, Trump described the relationship as “strong and historic”, grounded in “a shared democratic and spiritual heritage”, and said he looked forward to […]

18.02.2026 09:41

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Kıbrıs Cyprus Mail

Early-morning fire damages cars and apartment block in Nicosia

A car owned by a 54-year-old man was extensively damaged by fire in the early hours of Wednesday in Nicosia, with a second vehicle and parts of a residential building also affected. The fire broke out at around 3.00am in the Lykavitos area of Strovolos, where the vehicle was parked in a ground-floor parking area […]

18.02.2026 09:35

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Kıbrıs Famagusta Gazette

Cyprus prison overcrowding forces detainees into police cells, reports say

Severe overcrowding at the Central Prison in Nicosia has led to convicted inmates being held in police detention cells, according to reports in the Greek Cypriot press. The situation has become so strained that some police stations are said to be unable to take new detainees because their holding areas are already full. Fileleftheros, which […]

18.02.2026 09:15

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Kıbrıs Cyprus Mail

Former Israeli PM claims Turkey now rivals Iran as greatest security threat

Former Israeli prime minister Naftali Bennett warned on Tuesday that Recep Tayyip Erdogan is positioning Turkey as a major strategic threat to Israel, describing Ankara as “the new Iran”. Speaking at the Conference of major American Jewish organisations in Jerusalem, Bennett said Turkey under Erdogan is “a sophisticated and dangerous adversary who wants to encircle […]

18.02.2026 08:58

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Kıbrıs Cyprus Mail

Three arrested in overnight police operations as road checks ramped up

Three individuals were arrested during coordinated police operations carried out nationwide overnight and into Wednesday. According to police, the arrests concerned offences including threats, assault and illegal residency. Furthermore, during the night, police carried out 473 checks of drivers and passengers, alongside 23 inspections of premises. Traffic patrols resulted in 143 complaints for road violations, […]

18.02.2026 08:49

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Kıbrıs Cyprus Mail

19-year-old-woman killed in car crash at Sotira

Police have confirmed a 19-year-old woman was killed and three other young people were injured following a car crash in the early hours of Wednesday in the Limassol village of Sotira. The crash occurred at around 1.30am on Ayia Thekla avenue. The victim was identified as a resident of Sotira. According to police, the vehicle […]

18.02.2026 08:38

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Kıbrıs Cyprus Mail

Yellow weather warning ahead with rain, dust and gale-force winds

Wednesday brings unsettled and potentially dangerous weather across Cyprus, with strong winds, rain, isolated thunderstorms and elevated dust levels across much of the island. A yellow warning for winds remains in force until 4pm, as gusts are expected to reach 75 to 100 kilometres per hour. According to the met office, the atmosphere shall remain […]

18.02.2026 08:27

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Kıbrıs Cyprus Mail

Vinicius earns Real 1-0 win at Benfica in match marred by racism row

Vinicius Jr scored a sublime second-half winner as Real Madrid beat Benfica 1-0 in their Champions League playoff first leg on Tuesday, a night overshadowed by the Brazilian accusing Benfica’s Gianluca Prestianni of directing a racist slur at him. The alleged incident occurred moments after Vinicius had curled Real ahead five minutes into the second […]

18.02.2026 08:14

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Kıbrıs Cyprus Mail

Ukraine says it won’t cede more Donbas territory despite US pressure

Ukrainian President Volodymyr Zelenskiy said U.S. President Donald Trump was exerting undue pressure on Kyiv to move quickly toward a resolution of the nearly four-year war with Moscow, as Ukrainian and Russian negotiators wrapped up the first of two days of U.S.-mediated peace talks in Geneva on Tuesday. In an interview with Axios published the […]

18.02.2026 08:08

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Kıbrıs Cyprus Mail

Concentrated bank exposures raise stability concerns

The European Central Bank and the European Systemic Risk Board have published a joint report warning that growing links between banks and the non-bank financial intermediation sector create vulnerabilities that could amplify stress in adverse market conditions. The report, entitled “Financial stability risks from linkages between banks and the non-bank financial intermediation sector”, finds that […]

18.02.2026 08:00

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Kıbrıs Cyprus Mail

Cyprus Business Now: shipping, banks, taxes, electricity, forex, digital services, developers

Cyprus’ Real Estate Development Association pledged support for efforts to promote affordable housing at EU level during a meeting this week with Interior Minister Constantinos Ioannou. According to the association’s announcement, the discussion focused on housing, particularly affordability, which was described as one of the most pressing challenges facing European societies. Association president Yiannis Misirlis […]

18.02.2026 07:30

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Kıbrıs Famagusta Gazette

Cyprus–Israel Talks on Aphrodite Gas Field Ongoing, Minister Says

Negotiations between Cyprus and Israel over the Aphrodite gas field — which borders Israel’s Ishai field — are ongoing, the Cypriot energy minister said Wednesday. The goal, he noted, is to reach a conclusion within the next one to two months. Energy Minister Michalis Damianou told parliament’s Energy Committee that a final investment decision on […]

18.02.2026 06:48

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Kıbrıs Famagusta Gazette

Dust, Rain and Strong Winds Expected Across Cyprus

A low‑pressure system over the Black Sea is moving northeast and will briefly affect the region Wednesday, with dense dust in the atmosphere expected until midday. Skies will be mostly cloudy with scattered showers, isolated thunderstorms and snow over the highest peaks. Conditions will ease later in the afternoon. Winds will blow mainly from the […]

18.02.2026 06:41

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Kıbrıs Famagusta Gazette

Yellow Warning Issued for Gale‑Force Winds

Cyprus’ Meteorological Department issued a yellow warning Wednesday for very strong to near‑gale winds reaching 6–7 on the Beaufort scale, with gusts up to force 9 or 10. The warning is in effect from 5 a.m. to 4 p.m.

18.02.2026 06:38

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Kıbrıs Cyprus Mail

Investors warn of overinvestment as market sentiment stays bullish

Global investors are increasingly worried that companies are overinvesting, just as market sentiment remains “uber bullish” and further asset gains look harder to achieve, Bank of America’s monthly fund manager survey showed this week. The poll of 162 managers overseeing $440 billion found cash balances rose to 3.4 per cent from January’s record low 3.2 per […]

18.02.2026 06:30

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Kıbrıs Cyprus Mail

CSM Energy takes delivery of new platform supply vessel

CSM Energy announced the successful delivery and takeover of the management of a newbuild Platform Supply Vessel (PSV), marking a significant milestone in the company’s fleet expansion programme. The vessel is the first large PSV from the SPEC SPP40 series, constructed at a shipyard in China and delivered following the successful completion of sea trials […]

18.02.2026 06:00

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Kıbrıs Cyprus Mail

Carnival looks fun. But look closer

Every year, the Limassol Carnival fills the streets with colour, music and thousands of people celebrating together. What we don’t see as clearly is what is left behind. Large public events like parades and street parties during carnival generate more than 45 tons of waste in just a few hours, from spray cans, glass bottles, […]

18.02.2026 04:24

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Kıbrıs Cyprus Mail

Our View: No exaggeration to say Christodoulides’ hopes for defence are wildly high

Over the coming years, Cyprus’ defence industry will reach double digits in relation to the country’s GDP, President Nikos Chrisotodoulides said on Monday as he welcomed the members of the Cyprus Defence Industry Council to the presidential palace. This body was set up a year ago by the president and he called the meeting to […]

18.02.2026 04:00

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Kıbrıs Cyprus Mail

Allegations of corruption engulf north’s ‘prime minister’

Serious allegations of corruption and money laundering involving the north’s ‘prime minister’ Unal Ustel and his son surfaced on Tuesday, placing renewed pressure on an administration already facing multiple criminal investigations. According to testimony cited by Turkish Cypriot media sources, a key witness with links to the late businessman Halil Falyalli alleged that large sums […]

17.02.2026 22:35

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Kıbrıs Cyprus Mail

Russia’s Petrosian stuns in Olympic figure skating debut

Russian teenager Adeliia Petrosian heads into her Olympic debut on Tuesday as an untested but technically loaded Olympic wild card, with former skaters saying her quad jumps and triple Axel firepower could put her on the podium if she delivers. She is largely untested on the global stage due to the International Skating Union’s ban […]

17.02.2026 22:12

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