Cyprus Mail

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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Kıbrıs 06.05.2026 16:09

Cyprus, Greece, Jordan reaffirm strategic cooperation at Amman summit

Leaders of Cyprus, Greece and Jordan on Wednesday reaffirmed their commitment to deeper regional cooperation and stability, as they wrapped up their fifth trilateral summit in Amman. President Nikos Christodoulides joined Jordan’s King Abdullah II and Greek Prime Minister Kyriakos Mitsotakis for the talks, which took place against the backdrop of heightened geopolitical tensions in […]

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Kıbrıs 06.05.2026 15:53

Cyprus developers call for urgent policies to tackle housing crisis

Cyprus Property Developers Association chairman Yiannis Misirlis stressed the urgent need for policy priorities to address the housing crisis during a press conference held by the association in collaboration with Build Europe. The Brussels-based organisation represents national federations of property developers and homebuilders. The event was organised on Wednesday ahead of the informal ministerial meeting […]

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Kıbrıs 06.05.2026 15:49

New Study Reveals the ‘Time Paradox’: Why Hybrid Work Often Fails to Deliver Gender Equality

Research from the University of Nicosia accepted for publication in the International Journal of Management Reviews (IJMR) identifies four critical paradoxes that prevent hybrid work from being truly sustainable and inclusive. A new study has challenged the widely held belief that hybrid and remote work arrangements are a natural ‘equaliser’ for the modern workforce. The […]

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Kıbrıs 06.05.2026 15:48

Vassilico Cement Works outlines dividend plan from 2024 and 2025 profits

Vassilico Cement Works Public Company Ltd announced on Wednesday that it will convene its annual general meeting on Thursday, May 28, 2026. The assembly is scheduled to take place at the registered offices of the company, located at its Vassilico factory. The meeting will commence at 17:00 to address a comprehensive agenda focused on the […]

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Kıbrıs 06.05.2026 15:30

The only roundtrip cruises from Cyprus are now adults-only, with Marella Discovery sailing weekly from Limassol

Marella Discovery has now completed a full month of successful sailings from Limassol, welcoming thousands of happy passengers on board since her first departure on 1 April. Today marks a new chapter for the ship — from this sailing onwards, Marella Discovery becomes adults-only, offering a quieter, more relaxed atmosphere at sea for those looking […]

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Kıbrıs 06.05.2026 15:00

Major fully funded scholarships in the USA for 2026

Studying in the United States remains a top goal for many ambitious learners worldwide, but the cost of tuition, housing, and living expenses can be overwhelming. Fortunately, fully funded scholarships make it possible to earn a degree without financial strain. These programs typically cover tuition, accommodation, travel costs, and sometimes even provide a monthly stipend. […]

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Kıbrıs 06.05.2026 15:00

TV shows we love: Love Rat

One word that comes to mind when I think of Love Rat is magnificent. This drama blends romance with deception, pulling you into a story that feels light at first, but quickly turns tense and unpredictable. Set in Cyprus, the show plays with contrast. The island feels like paradise, calm and beautiful, but underneath it […]

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Kıbrıs 06.05.2026 14:54

Musk wanted $80 billion to colonise Mars

OpenAI’s president testified on Tuesday that Elon Musk supported transforming the artificial intelligence startup into a for-profit company, but wanted full control in part to help him raise $80 billion to colonize Mars. The testimony by Greg Brockman came in the second week of a trial in California that could determine the future of OpenAI, […]

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Kıbrıs 06.05.2026 14:50

Firefighters rescue dog from eight-metre pit in Nicosia

Firefighters rescued a dog from an eight-metre deep water pit in Ergates, Nicosia on Wednesday. The fire service said they used specialised equipment, including a tripod and rescue gear, to reach and lift the animal safely. The dog was delivered alive to its owner after the successful rescue operation.

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Kıbrıs 06.05.2026 14:43

Compensation plan for livestock farmers’ post-FMD to go to cabinet

A compensation package for livestock farmers resuming operations after foot-and-mouth disease outbreaks has been agreed and will be submitted to the Council of Ministers for approval, the head of the Pan-Agricultural Association, Kyriakos Kailas, said on Wednesday. The agreement sets out financial support for farmers restarting their units and follows earlier compensation measures linked to […]

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Kıbrıs 06.05.2026 14:40

Zelenskiy accuses Russia of spurning ceasefire proposed by Kyiv

Ukraine accused Russia of flouting a Kyiv-proposed ceasefire on Wednesday by carrying out dozens of battlefield assaults, air strikes and drone attacks in what President Volodymyr Zelenskiy described as Moscow’s “obvious spurning” of peace. Zelenskiy had floated the cessation, starting on May 6, in response to Russian leader Vladimir Putin’s own proposed ceasefire from May […]

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Kıbrıs 06.05.2026 14:36

Police and HIO warn of SMS Gesy scams

The health insurance organisation (HIO) and the police, issued a joint warning on Wednesday about fake SMS messages impersonating the general health system (Gesy). These messages are part of a new wave of online fraud aimed at tricking the public into revealing bank details and transferring money. Police noted that the scam messages often mimic […]

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Kıbrıs 06.05.2026 14:31

US and Iran closing in on memorandum to end war, Pakistani source says

The United States and Iran are closing in on an agreement on a one-page memorandum to end the war in the Gulf, a source from mediator Pakistan familiar with the negotiations said. The Pakistani source said a report earlier by the U.S. media outlet Axios on the proposed memorandum was accurate. The Axios report had […]

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Kıbrıs 06.05.2026 14:17

Cyprus livestock and meat traders form association under chamber of commerce

The Pancyprian Association of Animal and Meat Trade Representatives held its founding assembly at the Cyprus Chamber of Commerce and Industry (Keve) building in Nicosia on April 30, marking a significant development for the sector. According to an announcement released on Wednesday, the newly established body also confirmed its official integration into Keve, a move […]

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Kıbrıs 06.05.2026 14:12

Cyta opens new flagship store in Larnaca city centre

Telecommunications provider Cyta on Wednesday announced the opening of a new retail store in central Larnaca, marking its return to the city centre with a focus on enhancing customer experience. The company stated that “the new modern store in Larnaca has been designed to provide an upgraded service environment for both residents and visitors in […]

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Kıbrıs 06.05.2026 14:05

89-year-old to stand as election candidate in Limassol

Eighty-nine-year-old Christakis Rotsides will be the oldest candidate at the forthcoming parliamentary elections, having registered as an independent candidate in the Limassol district on Wednesday. A retired musician, Rotsides said that “I want to be elected with my own strength and not with foreign support”. “As far as the Cyprus problem is concerned, it is […]

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Kıbrıs 06.05.2026 14:03

Cyprus registered unemployment rises 10.4 per cent in April

Cyprus recorded a notable rise in its jobless figures in April, with registered unemployment rising by 10.4 per cent compared to the same month last year. According to a report from the Cyprus Statistical Service (Cystat), the number of people officially listed as unemployed at District Labour Offices reached 8,962 persons by the final day […]

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Kıbrıs 06.05.2026 13:54

Is your degree worth it? New US rules to penalize colleges with low-earning grads

Choosing a degree has always been a major financial and life decision – but in 2026, it’s becoming a measurable one. New federal accountability rules in the United States are shifting the focus from what you study to what you earn after graduation. Colleges whose graduates consistently earn low wages relative to their debt may […]

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Kıbrıs 06.05.2026 13:41

Innovative European LIFE Pharma-Detox project, coordinated by Medochemie, under way

With steady progress and growing international recognition, the European project LIFE Pharma-Detox continues to advance under the coordination of Medochemie, setting a new benchmark for pharmaceutical waste management. As part of the project’s development, a partners’ meeting was held in Catania, hosted by the University of Catania. During the meeting, technical progress was evaluated, ongoing […]

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Kıbrıs 06.05.2026 13:22

More than 750 candidates register for parliamentary elections

Exactly 753 people filed candidacies for the forthcoming parliamentary elections on Wednesday, as official registrations for those vying to win one of the 56 seats in the House took place. Of those candidates, 261 were registered in the Nicosia district, belonging to a total of 18 parties. A total of 180 candidates in Nicosia are […]

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Kıbrıs 06.05.2026 13:15

SOFTSWISS bringing AI leadership to Doers Summit Limassol 2026

SOFTSWISS is taking part in Doers Summit Limassol for the second year in a row. The company’s participation reflects its focus on engaging with the European tech community and sharing its experience in building and operating high-load, data-driven systems. SOFTSWISS develops and operates software for more than 1,400 iGaming brands worldwide. Across its product portfolio, […]

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