Cyprus Mail

Kıbrıs 07.05.2026 07:49

Trump sees swift end to war as Iran reviews US peace proposal

President Donald Trump predicted a swift end to the war with Iran as Tehran considered a U.S. peace proposal that sources said would formally end the conflict while leaving unresolved key U.S. demands that Iran suspend its nuclear programme and reopen the Strait of Hormuz. An Iranian foreign ministry spokesperson cited by Iran’s ISNA news […]

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Kıbrıs 07.05.2026 07:44

Cyprus industrial producer prices fall as EU sees sharp increase

Industrial producer prices in Cyprus declined in March 2026, according to Eurostat, contrasting with strong increases across the euro area and the European Union. According to the latest figures, industrial producer prices in Cyprus fell by 1.3 per cent in March compared with February 2026, reversing the 0.2 per cent increase recorded in February and […]

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Kıbrıs 07.05.2026 07:30

Cyprus Business Now: air traffic, tourist businesses, unemployment, Oev, Cyta

Hermes Airports on Wednesday reported a decline in passenger traffic alongside a stable level of air connectivity across Cyprus. The company said that April 2026 recorded a 16 per cent decrease compared with April 2025, corresponding to approximately 95,000 fewer arriving passengers. At the same time, aircraft load factors averaged 76 per cent, down from […]

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Kıbrıs 07.05.2026 07:00

BMW shares jump as carmaker maintains 2026 outlook despite profit slide

BMW maintained its ‌2026 financial guidance on Wednesday and signalled it could weather US tariffs and Chinese competition, sending shares up nearly 5 per cent despite first-quarter pretax profit tumbling 25 per cent. The German premium carmaker beat key profit expectations for the quarter even as a narrowing core margin underscored ​the pressure on BMW […]

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Kıbrıs 07.05.2026 06:40

What’s on this weekend – Mar 10

With warmer temperatures this weekend, it is time to take to the streets. Plenty of outdoor events are on, from book bazaars and street food markets, to guided walks and celebrations of spring flowers! Thursday Before the weekend arrives, the exhibition Nina Iacovou: Eyes to See and Hands to Touch opens at the Pierides Museum, […]

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Kıbrıs 07.05.2026 06:00

Bank of England expects £125 billion net loss from QE programme

The Bank of England has estimated that its quantitative ‌easing programme would rack up a net financial loss of ​around 125 billion ​pounds ($169 billion), which will need ⁠to be funded by ​the British government. Under the ​central bank’s QE programme, which first started in 2009 as a ​means to stimulate ​the economy after the […]

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Kıbrıs 07.05.2026 04:25

Events across Cyprus mark Europe Day on May 9

Cyprus will mark Europe Day on May 9 with events across the island aimed at promoting European values and strengthening awareness of the European Union, organisers said on Wednesday. The European Parliament Office in Nicosia said the occasion highlights cooperation and shared identity among EU member states. Events will begin on Friday at 12.30pm with […]

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Kıbrıs 07.05.2026 04:20

Our View: Upcoming parliamentary elections a double-edged sword

The parliamentary elections later this month are offering a record number of choices – around 20 parties and a staggering 753 candidates competing for just 56 seats. Voters will be lost for choice. Seasoned heavyweights Disy and Akel, miles ahead of the third and fourth parties in elections gone by, are now looking at slimmer […]

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Kıbrıs 07.05.2026 00:08

Holders PSG reach Champions League final with 1-1 draw at Bayern

Defending champions Paris St Germain drew 1-1 with hosts Bayern Munich on Wednesday to book their spot in the Champions League final for the second consecutive season with a 6-5 aggregate victory in an enthralling tie. The French side will face Arsenal in the May 30 showcase game in Budapest after the London club’s 1-0 […]

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Kıbrıs 06.05.2026 22:39

UAE tells Iran that its ties and defence partnerships are a ‘sovereign matter’

The United Arab Emirates said on Wednesday that its ties and its international and defence partnerships were a “purely sovereign matter,” rejecting an earlier statement by Iran saying that Abu Dhabi’s cooperation with the US threatened Iran’s security and national interests. The UAE’s foreign ministry said the Gulf country reserves its full sovereign, legal, diplomatic […]

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Kıbrıs 06.05.2026 22:33

Russia warns diplomatic missions to evacuate staff from Kyiv if Moscow launches mass strike

Russia’s Foreign Ministry said on Wednesday that it had warned diplomatic missions to evacuate staff promptly from Kyiv in the event of a mass strike by Moscow in response to any attempt by Ukraine to disrupt Russia’s May 9 Victory Day commemorations. Spokeswoman Maria Zakharova, in a video posted on Telegram, urged diplomats to heed […]

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Kıbrıs 06.05.2026 21:12

Child poverty risk declines in Cyprus, but inequalities persist, EU report finds

The number of children at risk of poverty or social exclusion in Cyprus has fallen in recent years, although key social indicators continue to highlight significant inequalities, according to a European Commission report. Overall, the picture for Cyprus points to progress in some areas, but also persistent weaknesses, particularly in energy poverty, equal access to […]

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Kıbrıs 06.05.2026 20:27

Cyprus pushes for tailored EU strategy for coastal communities

The main directions of the European Union’s upcoming strategy for coastal communities were discussed on Wednesday during a meeting between EU Commissioner for Fisheries and Oceans Costas Kadis and Interior Minister Constantinos Ioannou, according to an official announcement. The strategy forms part of the European Ocean Pact, adopted in June 2025, and aims to support […]

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Kıbrıs 06.05.2026 20:18

Cyprus, Greece, Jordan call for de-escalation in joint declaration

Cyprus, Greece and Jordan on Wednesday reaffirmed their commitment to deepening cooperation and addressing regional challenges, following the conclusion of their fifth trilateral summit in Amman. In a joint declaration issued after the meeting, President Nikos Christodoulides, King Abdullah II and Prime Minister Kyriakos Mitsotakis highlighted the need to strengthen coordination in the face of […]

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Kıbrıs 06.05.2026 19:51

Nostalgic quiz night in English

The 6th Nostalgia Quiz Night fast approaches this week, signalling a weekend of fun. Co-organised by Nostalgia Parties and Antonakis Music Hall, where it takes place, the evening promises a quiz full of pop culture trivia that defined the decades from the 50s to the 00s. This Friday night, the historic Antonakis Music Hall, the […]

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Kıbrıs 06.05.2026 19:25

‘Friends of Akamas’ slam road upgrade plan

Environmental group ‘Friends of Akamas’ has reacted strongly to a recent special ecological assessment report concerning planned improvements to the road linking the Baths of Aphrodite with Kakoskali in the Akamas National Forest Park, calling for the decision to be immediately withdrawn. In a statement issued on Wednesday, the organisation alleged that the report violates […]

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Kıbrıs 06.05.2026 19:12

PayPal, Mastercard, Visa face UK competition probe over digital wallet deals

PayPal, Mastercard and Visa being investigated for alleged anti-competitive conduct linked to the funding and usage of PayPal’s digital wallet, in a rare move by the Financial Conduct Authority. The FCA, which infrequently uses its powers to enforce competition law among financial services firms, said on Wednesday that it had reached no conclusions about whether […]

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Kıbrıs 06.05.2026 19:09

Lebanese PM says premature to talk of any high-level meeting with Israel

Lebanese Prime Minister Nawaf Salam said it is premature to talk of any high-level meeting between Lebanon and Israel, comments underlining the dim chances of one being held soon as hoped for by U.S. President Donald Trump. Salam, in comments reported by Lebanon’s National News Agency (NNA) on Wednesday, said shoring up a ceasefire would […]

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Kıbrıs 06.05.2026 18:58

Elias Neocleous & Co LLC takes lead role at Doers Summit 2026 as Gold Partner

The Doers Summit 2026 returns to Limassol, bringing together founders, investors, technology leaders and entrepreneurs from across Europe, the Middle East and North Africa. As a long-standing supporter of the event, Elias Neocleous & Co LLC is pleased to continue its annual participation, this year as a Gold Partner, reaffirming its support of this unique […]

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Kıbrıs 06.05.2026 18:19

Forestry department not responsible for visitors to closed Avakas gorge

The Avakas gorge trail remains closed to visitors due to safety concerns, the forestry department said on Wednesday. The site has been closed since December 6, 2025, due to extreme weather, increased water flow, slippery ground, falling rocks and landslides. Officials have placed warning signs and a chain at the entrance to block access. However, […]

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Kıbrıs 06.05.2026 18:03

CNN founder Ted Turner dies aged 87

Ted Turner, the brash sportsman and entrepreneur whose ambition and instincts led to a media empire that included groundbreaking news network CNN, has died, CNN reported on Wednesday citing a press release from Turner Enterprises. He was 87. No cause of death was given. In September 2018 Turner revealed that he had Lewy body dementia, […]

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Kıbrıs 06.05.2026 17:54

AMD shares hit all-time high as AI infrastructure demand surges

Advanced Micro Devices’ shares (AMD.O) jumped to an ​all-time high on Wednesday as its strong outlook boosted investor confidence about sustained demand for AI infrastructure, sparking a rally across ‌global semiconductor stocks. AMD jumped 18.9 per cent and was set to add more than $110 billion in market value, if gains hold. Rival Intel (INTC.O) […]

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Kıbrıs 06.05.2026 17:41

Ustel’s former ‘health minister’ defects to Ozersay’s HP

Former Turkish Cypriot ‘health minister’ Izlem Gurcag Altugra on Thursday left the north’s ruling coalition’s largest political party, the UBP, announcing her intention to join centrist, anti-corruption party the HP, which is led by former Turkish Cypriot chief negotiator Kudret Ozersay. “I had long questioned whether the UBP still held any hope regarding its own […]

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Kıbrıs 06.05.2026 16:14

National Bank of Greece reports strong profit growth in Cyprus

The National Bank of Greece (NBG) announced operating profits of €23.6 million in Cyprus for 2025, representing a 39 per cent year-on-year increase. The bank stated that it “records, for yet another year, a strong growth trajectory, confirming the consistent implementation of its strategy and its active role in supporting the economy”. According to the […]

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