Cyprus Mail

Kıbrıs 28.07.2026 07:30

Cyprus Business Now: tourism, BoC, theme parks, deposits, CFA, share buybacks

Cyprus’ petroleum product sales fell sharply in June, according to figures by the state statistical service (Cystat), as the island’s fuel market continued to adjust to the lingering effects of higher prices and geopolitical uncertainty following the conflict in the Middle East. The statistical service reported that total petroleum product sales reached 129,479 tonnes in […]

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Kıbrıs 28.07.2026 07:00

Bank of England expected to hold interest rates steady

The Bank of England (BoE) looks set to keep interest rates unchanged at 3.75 per cent on Thursday, ​despite a recent spike in oil prices above $100 a barrel which may test whether it can avoid raising borrowing costs in response to the US-Iran conflict. So far, ‌British inflation has come in below the BoE’s […]

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Kıbrıs 28.07.2026 06:30

High-tech firms and tech giants compete with aerospace for top graduates

For Hassan Butt, a 17-year-old British student volunteering at the Farnborough airshow, there ​was nothing cooler than watching the planes and thinking about the physics that kept them airborne. “Everyone when they’re kids, they ‌look up, they see the planes flying and they think, damn…” he said as he fielded questions from passersby at a […]

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Kıbrıs 28.07.2026 06:00

British business activity bounces back in July amid brief Iran war respite

British firms reported the first rise in activity in three months in July, helped ‌by a brief respite in the Iran war, while consumers grew in confidence and spent more, according to data that may only offer only a short-lived boost to new Prime Minister Andy Burnham. The S&P Global UK Composite Purchasing Managers’ Index, […]

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Kıbrıs 28.07.2026 04:24

Cyens excellence centre shortlisted for EU award

The transformation of Nicosia’s old municipal market into a research and innovation centre, which now hosts the headquarters of the Cyens excellence centre, has been chosen as one of Europe’s top 25 social cohesion projects for 2026. The finance ministry said on Monday that the project, implemented through the Thalia 2021-2027 programme, co-funded by the […]

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Kıbrıs 28.07.2026 04:20

Our View: Is it a good idea to host other countries internal politics?

MEP Fidias Panayiotou has called for a ban on third countries from conducting election campaigns in Cyprus after a billboard promoting Israeli prime ministerial candidate and former IDF chief of staff Gadi Eisenkot was put up in Larnaca. Eisenkot is leader of Israel’s Yashar party and a candidate for prime minister in Israel’s October 27 […]

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Kıbrıs 28.07.2026 00:04

France and Spain race to contain wildfires ahead of fresh heatwave

Firefighters sought on Monday to take advantage of more favourable weather conditions to subdue massive wildfires threatening the French city and tourist region of Bordeaux and a number of sites in neighbouring Spain. They were racing against the clock as another heatwave is expected to hit both countries later this week in what has been […]

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Kıbrıs 27.07.2026 23:51

CHP’s Cyprus branch defects to Ozel’s New Party

The Cyprus branch of Turkish opposition party the CHP has defected to the new party formed by its former leader Ozgur Ozel, which he has named the New Party, following 91 members of parliament and numerous mayors across the country who have joined the party. On Monday, the now former chairman of the CHP’s Cyprus […]

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Kıbrıs 27.07.2026 22:34

Guterres to discuss ‘efforts to advance peace process’ with leaders

United Nations Secretary-General Antonio Guterres will discuss “efforts to advance the peace process and support stability on the island” during his visit to Cyprus, his spokesman Stephane Dujarric said on Monday evening. These efforts to support the peace process, he said, include “the work of the United Nations peacekeeping force in Cyprus”. According to the […]

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Kıbrıs 27.07.2026 22:07

North’s ruling coalition divided over Guterres visit

The north’s three-party ruling coalition found itself divided on Monday over its stance on United Nations Secretary-General Antonio Guterres’ arrival in Cyprus, with one of the parties saying it hopes for “constructive results for the Cyprus negotiation process” and the other briefly calling for a protest against his visit. It was the DP which was […]

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Kıbrıs 27.07.2026 22:00

Over 13,000 banks have already connected to the XRP ecosystem, and EX DeFi generates $3,000 in daily returns for XRP holders.

Recently, discussions surrounding the development of the XRP global payment network have intensified again. SWIFT recently announced that its next-generation blockchain-based ledger system is ready for deployment, sparking widespread market attention on the future development of cross-border payment systems. Meanwhile, market observers believe that Ripple’s network, having established business connections with over 13,000 banks and […]

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Kıbrıs 27.07.2026 21:22

Guterres’ arrival a ‘significant opportunity’, Annita says

The arrival of United Nations Secretary-General Antonio Guterres in Cyprus on Monday night constitutes a “significant opportunity” for Cyprus, House President Annita Demetriou said. She added that this opportunity is one which the island must “seize with seriousness, responsibility, and national unity”. “Disy remains steadfastly by the side of every substantive effort which can lead […]

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Kıbrıs 27.07.2026 21:02

Firefighters to remain near Kalo Chorio overnight to manage flareups

Firefighters will remain in the area surrounding the military firing range near the Larnaca district village of Kalo Chorio overnight on Monday and into the early hours of Tuesday morning to deal with possible flareups, chief fire officer Nikos Longinos said. He said the fire brigade had been on the scene within seven minutes of […]

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Kıbrıs 27.07.2026 19:48

Two farming units ‘may’ have FMD

Authorities on Monday said two more farming units may have been infected with foot and mouth disease(FMD), with confirmation pending. The two suspected farming units are located in Pentakomo, Limassol district, and Avgorou in the Famagusta district. Samples from animals have been taken for testing. “These are two cases under investigation,” said Demetris Epaminondas, a […]

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Kıbrıs 27.07.2026 19:36

Palmas says ‘no active front’ in Kalo Chorio fire, police reopen Psevdas road

Defence Minister Vasilis Palmas said there is currently “no active front” in the fire which broke out at the firing range near the Larnaca district village of Kalo Chorio, while ordering an investigation into the circumstances surrounding how it started, while the police reopened the road linking Kalo Chorio and nearby Psevdas. Shortly before 7.45pm, […]

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Kıbrıs 27.07.2026 19:33

New exhibition in Nicosia

A mid-summer exhibition opens in the final week of July which also marks the beginning of the ‘world-un-making’ programme. The Aggregate exhibition falls within the programme of Sic. Contemporary Culture which explores ways to generate modalities for collective infrastructures. Through a series of collaborations and commissions, it brings together artists, curators and researchers who work […]

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Kıbrıs 27.07.2026 18:28

65% of Turkish Cyprus in favour of Cyprus solution

A large cross-section of Turkish Cypriots are dissatisfied with the current status quo and favour a settlement to the Cyprus issue, a survey in the north found on Monday. Conducted by the Cmirs (Centre for Migration, Identity and Rights Studies) think tank, the rolling poll found that 65 per cent of Turkish Cypriots would like […]

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Kıbrıs 27.07.2026 17:44

‘Clean and inexpensive energy is being thrown away’

Even though battery storage is key to bringing down electricity costs, the state is restricting the utilisation of this technology, a collective of businesses said on Monday. The Electricity Market Association (EMA) said energy poverty remains one of the biggest challenges, with consumers in Cyprus saddled with among the highest electricity bills across the EU. […]

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Kıbrıs 27.07.2026 17:40

Reading the Bitcoin price chart: What on-chain data adds that charts miss

Price charts are the most common tool traders use to analyze Bitcoin. Candlestick patterns, support and resistance levels, moving averages, and volume profiles help identify trends and potential turning points. However, charts only show what has already happened on the surface. They rarely reveal the underlying forces driving those movements. In current market conditions, combining […]

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Kıbrıs 27.07.2026 17:32

CySEC waives takeover bid requirement for Petrolina shares

The Cyprus Securities and Exchange Commission (CySEC) announced on Monday that it has granted Dinos Lefkaritis an exemption from the obligation to submit a mandatory public takeover bid following a planned acquisition of additional shares in Petrolina (Holdings) Public Ltd. The decision was taken by the commission’s board on July 20, 2026, following an application […]

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Kıbrıs 27.07.2026 17:32

Euro area income steady as EU sees slight rise

Household real income per capita remained stable in the euro area during the first quarter of 2026, while recording a slight increase across the European Union, according to a report from Eurostat. The statistical office of the European Union said the figure for the euro area followed a 0.2 per cent rise in the fourth […]

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Kıbrıs 27.07.2026 17:21

Man to stand trial over attempted murder after stabbing

A 22-year-old man was sent to trial by the Larnaca permanent criminal court on Monday over the attempted murder of a 33-year-old man in Aradippou, with the case scheduled to be heard on October 15. The defendant, who has been in custody since his arrest on July 19, remains in custody and faces charges including […]

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Kıbrıs 27.07.2026 17:05

Erhurman pledges to ‘contribute’ to ensure Guterres meetings are ‘fruitful’

Turkish Cypriot leader Tufan Erhurman on Monday promised to “contribute” to ensure that the forthcoming Cyprus problem meetings involving United Nations Secretary-General Antonio Guterres are “fruitful”, after meeting UN envoy Maria Angela Holguin at his official residence. He described Monday’s meeting as “productive”, and said that “we will continue to contribute in good faith to […]

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Kıbrıs 27.07.2026 16:58

Building demolition ceased after hitting asbestos

Authorities on Monday immediately terminated works on a building being demolished in Ayios Andreas, Nicosia, following the discovery of asbestos sheets on the site. The Nicosia district government organisation (EOA) and the labour inspection department ordered that the removal of debris from the worksite cease, following complaints by residents on Saturday that prescribed safety measures […]

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