Cyprus Mail

Kıbrıs 01.07.2026 10:05

CITEA president says AI is central to future business success

The 5th Digital Cyprus Conference 2026 was successfully held this week in Nicosia, bringing together senior business executives, government representatives, technology professionals and internationally renowned speakers.  Organised by the Cyprus Information Technology Enterprises Association (CITEA) and IMH, this year’s conference focused on the transformation of the modern business environment through artificial intelligence and digital technologies, which are creating new growth opportunities

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Kıbrıs 01.07.2026 09:56

Open-air cinema brings German films to the garden

The Goethe-Institut in Nicosia opens up its garden this summer to present Sommerkino: Between Waves. For the seventh consecutive year, it will screen a selection of films from Germany, between July 6 and 10. Following the introduction of a theme in the previous edition of Sommerkino, this year’s series is dedicated to water. With lounge chairs, […]

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Kıbrıs 01.07.2026 09:33

CSE honours top economics student at University of Cyprus

The Cyprus Stock Exchange (CSE) on Wednesday announced that it recently presented its annual academic excellence award to the top-performing economics student at the University of Cyprus, continuing a long-standing initiative promoting educational achievement and recognising outstanding academic performance. The award was presented as part of the organisation’s broader contribution to society and its corporate […]

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Kıbrıs 01.07.2026 09:03

Turkey’s Fidan, EU commissioners, offer joint support for UN Cyprus initiative

Turkish Foreign Minister Hakan Fidan and three members of the European Union’s college of commissioners late on Wednesday night offered their joint support for the “new initiative” being undertaken by United Nations Secretary-General Antonio Guterres with the aim of bringing about a resumption of talks on the Cyprus problem. The joint statement was signed by […]

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Kıbrıs 01.07.2026 08:39

Between silence and shouts, rescuers dig for Venezuela twin quake survivors

More than 100 people stood silently on Tuesday in the road alongside what used to be the Los Cocos public housing complex in Venezuela’s La Guaira state. For 10 minutes, interrupted only by the occasional cellphone ring or shout from a rescuer, people strained their ears for any sound of survivors of the twin earthquakes […]

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Kıbrıs 01.07.2026 08:35

Man in critical condition after being run over

A 58-year-old man is in a critical condition at the Nicosia district hospital after being run over while walking on a road in the Troodos mountain village of Orounda, the police said on Wednesday. The incident took place at around 9.15pm on Tuesday, with the man being hit by a car which was being driven […]

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Kıbrıs 01.07.2026 08:32

Iran says it won’t meet with U.S. envoys, clouding prospects for peace deal

Iran said it would not meet with top U.S. envoys who flew to the region following an outbreak of hostilities, clouding the prospects for a lasting peace between the two countries. Iranian officials also said the two sides must still sort out the terms of a ceasefire they signed two weeks ago before they could […]

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Kıbrıs 01.07.2026 08:23

Today’s weather: Temperatures still on the up with summer in full swing

Wednesday’s weather is expected to be sunny across the island, with temperatures set to rise to a high of 39 degrees Celsius inland, 29 degrees Celsius on the west coast, 33 degrees Celsius on the rest of the coasts, and 28 degrees Celsius in the mountains. Overnight, the skies will remain largely clear, though light […]

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Kıbrıs 01.07.2026 08:18

Eurobank unveils €1bn plan to reshape digital banking

Eurobank says 96 per cent of transactions are now digital Eurobank this week presented its new Banking Forward strategy in Athens, outlining a €1 billion technology investment programme alongside a broad digital banking transformation centred on artificial intelligence (AI), mobile banking and redesigned customer journeys for both retail and business clients. The event took place […]

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Kıbrıs 01.07.2026 08:07

The evolution of Annabelle Hotel rests on authenticity, heritage and a sense of belonging

An interview with Annabelle Hotel General Manager Razvan Bordea 1. Annabelle has long been considered one of Cyprus’ most iconic hotels, beloved by generations of guests. How do you preserve the timeless character that people associate with Annabelle while continuing to evolve for today’s luxury traveller? For me, preserving Annabelle’s character is not about keeping […]

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Kıbrıs 01.07.2026 08:04

Trump reports $1.4 Billion in crypto income as digital assets become top wealth source

President Donald Trump reported more than $1.4 billion in income from his family’s crypto ventures last year, showing how Trump now derives most of his income from digital assets that have benefited from his policies, according to a review of his latest financial disclosures on Tuesday. The filings, his annual disclosure for 2025 with the […]

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Kıbrıs 01.07.2026 08:00

Loans managed outside Cyprus banking system rise by €256 million

The value of loans managed outside Cyprus’ banking system increased by €256 million during the first quarter of 2026, according to figures released this week by the Central Bank of Cyprus (CBC), with growth driven primarily by higher household and business loan balances. The CBC said the contractual balance of all loans managed by Credit […]

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Kıbrıs 01.07.2026 07:53

Mexico end knockout hoodoo with win over Ecuador to reach World Cup last 16

Mexico ended a 40-year wait for a World Cup knockout victory as first-half goals from Julian Quinones and Raul Jimenez secured a 2-0 win over Ecuador on Tuesday, sending the co-hosts into the last 16 amid euphoric scenes at a rocking Azteca Stadium. The round of 32 victory was Mexico’s first in the knockout stages […]

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Kıbrıs 01.07.2026 07:40

Cyprus industrial output prices climb by 2.5 per cent in May

The Cyprus Statistical Service (Cystat) reported this week that the Index of Industrial Output Prices for May 2026 reached 125.7 units, marking a 3.0 per cent increase compared to April 2026. When measured against the same month of the previous year, the index recorded an annual increase of 2.5 per cent. For the period covering […]

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Kıbrıs 01.07.2026 07:30

Cyprus Business Now: energy, surplus, housing, CSE, tourism, shipping, banking

Cyprus tourism showed signs of stabilisation in official figures for May and June, Deputy Minister of Tourism Kostas Koumis told parliament on Tuesday during a House Trade Committee session examining the impact of Middle East tensions on the sector. The committee discussed the effects of the volatile regional situation on Cyprus’ tourism industry and possible support measures for affected […]

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Kıbrıs 01.07.2026 07:00

Food prices squeeze Cyprus households again

Food prices in Cyprus are once again rising faster than wider inflation, adding fresh pressure to household purchasing power, according to a report by Trojan Economics, a Cyprus-based firm specialising in competition economics. The report, written by the firm’s director Panayiotis Agisilaou and partner Stavros Efthymiou, said that public debate around the cost of living […]

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Kıbrıs 01.07.2026 06:52

Logicom expects stable operating profit despite regional tensions

Logicom Public Ltd announced this week that it expects a marginal reduction in turnover for the first half of 2026 compared to the same period in 2025. The company attributed this decline primarily to the ongoing military conflict in the Gulf region. This geopolitical tension has exerted a negative influence on the broader business environment […]

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Kıbrıs 01.07.2026 06:50

Moody’s says Greek banks can manage costs from new loan legislation

Rating agency Moody’s has estimated that while the impact of recent legislative intervention regarding loans under the Katseli law is not negligible for Greek banks, the associated costs remain manageable due to their robust capital position and significantly improved profitability in recent years. In its report, whose findings were shared by Greek business outlet Newmoney, […]

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Kıbrıs 01.07.2026 06:40

Rodon Hotel operator warns of reduced profits for first half of 2026

Agros Development Company Proodos Public Ltd announced this week that it expects a significant divergence in its financial performance for the first half of the year compared to the same period in 2025. Based on unaudited financial data for the period spanning January 1, 2026, to June 30, 2026, the company anticipates a reduction in […]

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Kıbrıs 01.07.2026 06:30

Private sector deposits in Greece surge during May

Private sector deposits in Greece witnessed a substantial increase of €5.31 billion during May 2026, marking a complete reversal from the €66 million decline recorded in April, according to the latest figures released by the Bank of Greece. This surge in liquidity was accompanied by a rise in the annual growth rate of total financing […]

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Kıbrıs 01.07.2026 06:10

Air cargo demand rises 6 per cent in May despite Middle East disruption

Global air cargo demand rose 6 per cent year-on-year in May, supported by stronger trade and manufacturing activity, although disruption linked to the war in the Middle East continued to weigh heavily on carriers in the region, according to the International Air Transport Association (IATA). Total demand, measured in cargo tonne-kilometres (CTK), increased by 6 per cent compared with […]

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Kıbrıs 01.07.2026 04:24

A vicious cycle: How climate change triggers chain reactions of disasters in the Mediterranean

By Terra Cypria staff The Mediterranean has long been associated with mild winters, dry summers, and landscapes that have learned to coexist with fire. Wildfires are not foreign to Mediterranean ecosystems; on the contrary, they are part of a natural regeneration process to which vegetation has evolved to adapt and recover. Characteristic species such as […]

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Kıbrıs 01.07.2026 04:20

Our View: Farcical Aglandjia by-election a waste of public funds

The election of deputy mayor Aglandjia was the farce everyone expected. It is no wonder that it recorded what is probably the lowest ever turnout for any election at 27.73 per cent. In numbers, of the 15,182 registered voters, only 4,210 showed up to vote, and the newly-elected deputy mayor, Andri Hadjiandreou took 2,309 votes […]

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Kıbrıs 01.07.2026 00:03

Serena’s big comeback fizzles out in first round

Serena Williams’ highly anticipated return to competitive action after a four-year absence fizzled out on Tuesday as the American perished in the Wimbledon first round following a 6-3 6-7(6) 6-3 defeat by little-known Australian Maya Joint. There were high hopes that the 44-year-old wildcard would become the oldest woman to win a singles match at […]

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