Cyprus Mail

Kıbrıs 03.02.2026 13:30

Gold set for biggest daily gain since 2008 after two-session rout

Gold surged over 5 per cent on Tuesday, on track for its biggest daily gain since November 2008, while silver also jumped as precious metals staged a comeback after their steepest two-day drop in decades. Analysts see the bull run continuing and expect the metals to notch fresh record highs later this year. Spot gold climbed […]

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Kıbrıs 03.02.2026 13:16

Kedipes assets rise to more than €5bn

State-owned asset management company Kedipes owned more than €5 billion in assets at the end of last year, chairman of its board Lambros Papadopoulos said on Tuesday. He told a press conference that the company’s regular cash inflows amounted to €209 million during the second half of last year, before outlining the firm’s actions over […]

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Kıbrıs 03.02.2026 12:46

Spain to ban social media access for under-16s

Spain plans to ban access to social media for minors under 16 and platforms will be required to implement age-verification systems, Prime Minister Pedro Sanchez said on Tuesday as he announced several measures to guarantee a safe digital environment. Sanchez’s left-wing coalition government has repeatedly complained about the proliferation of hate speech, pornographic content and […]

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Kıbrıs 03.02.2026 12:30

Global air passenger demand hit record highs in 2025

Global passenger demand reached record highs in 2025, with traffic rising 5.3 per cent compared with the previous year, according to data released by the International Air Transport Association (IATA). Total capacity, measured in available seat kilometres (ASK), increased by 5.2 per cent over the year. As a result, the overall passenger load factor reached […]

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Kıbrıs 03.02.2026 12:19

No funds yet for major water projects in Famagusta

Famagusta district self-government organisation (EOA) is awaiting answers from the government over the construction of two major water-related projects its president Yiannis Karousos told the Cyprus News Agency. The projects concern flood protection in Paralimni and Protaras with a total cost of about €15 million and the replacement of the Kokkinokremmos pipeline at a cost […]

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Kıbrıs 03.02.2026 12:00

Columbia Group appoints Ulla Eithz Nielsen as deputy COO

Cyprus-based Columbia Group has appointed Ulla Eithz Nielsen as deputy Chief Operating Officer (COO), as the group continues to build out its integrated global maritime services platform and reinforce leadership at group level. In that context, Eithz Nielsen joins Columbia after more than six years in senior leadership roles at V.Group, where she held a […]

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Kıbrıs 03.02.2026 12:00

Painting light when you understand darkness

By Philippa Tracy The Artist opens in London, in 1957, with a woman looking at a painting by a well-known fictional artist, Edouard Tartuffe. That painting, The Feast, described by some as “an allegory of the Last Supper,” is the only painting to survive a fire in Tartuffe’s studio in 1920. It is giving nothing […]

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Kıbrıs 03.02.2026 11:57

Disy MP withdraws complaint against Annie Alexui

Disy MP Charalambos Pazaros has formally withdrawn his complaint against social media figure Ioanna Fotiou, known online as Annie Alexui, authorities confirmed on Tuesday. Pazaros said his decision follows his view that “this is not a criminal matter. On the contrary, according to what she herself states, she is a victim of crimes that should […]

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Kıbrıs 03.02.2026 11:00

Iran – pretending to have nukes?

The Iranian regime is brutal, fanatical and corrupt.  It has just committed the mass murder of its own citizens in the city streets and in their own homes. But the story we are told about Iran’s pursuit of nuclear weapons is very misleading. Let’s begin with the two President George Bushes. Just twelve years after […]

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Kıbrıs 03.02.2026 10:55

Two men arrested in burglary and theft cases

Two people have been arrested in Limassol and Nicosia in connection with burglary and theft. The two suspects, aged 38 and 27, have been taken into police custody. One case concerned the burglary of a house in Yermasoyia between October 24 and 25 in which money was stolen. The other was of theft in an […]

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Kıbrıs 03.02.2026 10:43

Arsenal braced for in-form Chelsea in cup clash

A 3-2 advantage going into Tuesday’s League Cup semi-final second leg at home offers no extra comfort to Arsenal manager Mikel Arteta, who expects in-form Chelsea to pose his team a difficult challenge. Liam Rosenior’s Chelsea have won all five matches since losing to Arsenal in the first leg last month, directly qualifying for the […]

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Kıbrıs 03.02.2026 10:37

Sunderland make home a fortress as place in Europe beckons

Sunderland find themselves in exalted company this season, on a list with some of Europe’s top teams, as they chase down a Premier League record and a potential berth in continental football next season. Their 3-0 home win over Burnley on Monday kept up their status as the only side left in the Premier League […]

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Kıbrıs 03.02.2026 10:17

Paphos mayor faces secondary allegations

Investigators at the criminal investigations department (CID) are continuing their inquiries following a complaint filed by a businessman in Paphos against mayor Phedonas Phedonos, authorities confirmed on Tuesday. Police spokesperson Vyron Vyronos said all information is under evaluation and necessary actions will be taken. “We are evaluating all the information concerning the case and investigations […]

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Kıbrıs 03.02.2026 10:02

Trump seeks $1 billion from Harvard as two sides remain far from deal

President Donald Trump said late on Monday his administration is pursuing $1 billion from Harvard to settle federal probes into the university over school policies, with the two sides yet to reach a final deal despite months of talks. The Trump administration has been threatening to withhold federal funds from Harvard and several other universities […]

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Kıbrıs 03.02.2026 10:00

Property transactions climb 11%, led by Paphos

Property sales in Cyprus recorded a double-digit increase at the start of 2026, as transactions rose by 11 per cent year on year in January, according to data released by the department of lands and surveys. In total, 1,411 properties changed hands during the month, compared with 1,275 in January 2025. This followed a stronger […]

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Kıbrıs 03.02.2026 10:00

Cinderella spectacle from Spain in Cyprus for two shows

A spectacular extravaganza from Spain is coming to Cyprus for the first time. The renowned fairy tale of Cinderella is about to land on the island, in a production unlike any other Cyprus has seen before. Presented by La Fiesta Escénica, a company which has been described as halfway between Cirque du Soleil and Disney […]

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Kıbrıs 03.02.2026 09:56

Larnaca municipality demands action on stalled marina project

Larnaca municipality is calling for immediate clarity on timelines regarding the repeated delays of the marina. In its statement released on Tuesday, the development committee criticised the slow delivery of the study by Growthfund and foreign experts, the delay in announcing the architectural competition, and the lack of clear guidance from the transport ministry regarding […]

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Kıbrıs 03.02.2026 09:44

Audit flags millions in overruns at University of Cyprus projects

Major construction projects at the University of Cyprus suffered prolonged delays and significant cost overruns, according to an audit office report released on Tuesday. The report examines the three largest projects on the university campus, the engineering school, the biological sciences building and the medical school. It finds unjustified delays ranging from 11 per cent […]

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Kıbrıs 03.02.2026 09:00

Cyprus’ youthy talk money: Take the Risk!

By: Niki Karayianna, 1st year student in the Department of Accounting and Finance, University of Cyprus Nowadays, when people buy something valuable, they often ignore the possibility that something may happen to their asset. The risk is simply ignored. Many of us are guilty of this. We tend to say: ‘This won’t happen to me’ […]

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Kıbrıs 03.02.2026 08:59

Legal service says Koumas case in final review

Developments are expected soon in the criminal investigation regarding football television rights and the alleged conflicts of interest of former football association president Giorgos Koumas, after the legal service confirmed on Tuesday that its assessment of the case is now in its final stage. A senior official said the file concerns a complex and serious […]

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Kıbrıs 03.02.2026 08:55

US to cut tariffs on India to 18%, India agrees to end Russian oil purchases

President Donald Trump announced a trade deal with India that slashes U.S. tariffs on Indian goods to 18% from 50% in exchange for India halting Russian oil purchases and lowering trade barriers. Trump announced the deal on social media following a call with Indian Prime Minister Narendra Modi, noting that India would now buy oil […]

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Kıbrıs 03.02.2026 08:43

Seven arrested in overnight police operations

Seven people were arrested overnight as police stepped up preventive operations islandwide to curb crime. The targeted checks led to four arrests in Paphos in connection with two cases of  home invasion and theft, one case of domestic violence and one case involving the illegal appropriation of electricity. A further three arrests were made in […]

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Kıbrıs 03.02.2026 08:35

Amargeti attempted murder case opens before criminal court

The trial of a 55-year-old man accused of attempted murder in the village of Amargeti begins on Tuesday before the Paphos criminal court. The defendant has pleaded not guilty to all charges, after previously entering a guilty plea in earlier proceedings. He stands accused of attempting to kill a 41-year-old man from Limassol with a […]

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Kıbrıs 03.02.2026 08:30

Cyprus tops forex recruitment rankings as Dubai hiring cools

Cyprus has retained its position as the leading global hiring hub for online forex brokers despite a broader shift in industry growth towards emerging regions, according to an analysis by marketing and insights hub FYI. “There has been a clear shift in FX over the past few years. The European online trading market is highly […]

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