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Cyprus Mail

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Cyprus Business Now: tourism prospects, BoC, PwC survey, inflation, labour costs
Kıbrıs 01.04.2026 07:30

Cyprus Business Now: tourism prospects, BoC, PwC survey, inflation, labour costs

Eurostat on Tuesday announced that annual inflation in Cyprus is estimated to have risen to 1.5 per cent in March 2026, reflecting an increase compared to previous months. Speaking to the broader European context, the statistical office said that euro area annual inflation is expected to reach 2.5 per cent in March, up from 1.9 […]

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Debate intensifies over financial commissioner powers and foreclosures
Kıbrıs 01.04.2026 06:40

Debate intensifies over financial commissioner powers and foreclosures

The House finance committee has examined significant legal and substantive changes to a proposed law concerning the financial commissioner and procedures for complaints and foreclosures, with the binding nature of the commissioner’s decisions at the centre of debate. The discussion focused on amendments presented by the Finance Ministry, which stated that most changes involve technical […]

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Cyprus sets zero VAT on selected meat and fish items
Kıbrıs 01.04.2026 06:20

Cyprus sets zero VAT on selected meat and fish items

The Tax Department has announced the implementation of a zero VAT rate on specific categories of meat and fish, following a decision by the Cabinet. The department stated that the measure is based on a decree published in the Official Gazette, which amends the Value Added Tax (VAT) Law to apply a zero rate on […]

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Paphos joins EU project to boost smart tourism
Kıbrıs 01.04.2026 06:00

Paphos joins EU project to boost smart tourism

The Paphos regional tourism board (Etap) has announced that it is participating as a partner in the European Erasmus+ programme I-DEMO, aimed at strengthening the district’s position as a smart tourism destination. Specifically, the board said that it is taking part in an educational meeting held in Breda, Netherlands, coordinated by Breda University, from March […]

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Lab-grown souvlaki set to hit the Cyprus table
Kıbrıs 01.04.2026 04:24

Lab-grown souvlaki set to hit the Cyprus table

With the tragic situation being faced by Cypriot farmers amid the outbreak of foot and mouth disease and the global uncertainty surrounding supply chains due to the Israeli-US war on Iran, one local company is looking to the future with plans to produce lab-grown meat on the island. “It’s not only those two aspects, which […]

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Our View: Further evidence of Christodoulides hyping up a matter of little importance
Kıbrıs 01.04.2026 04:20

Our View: Further evidence of Christodoulides hyping up a matter of little importance

Despite the pomp that accompanied the meeting in Cairo between President Nikos Christodoulides and President Abdel Fattah el-Sisi on Monday there was nothing new to report. The governments of Cyprus and Egypt signed a “framework agreement” that did not differ at all from the one signed last year, according to Energy Minister Michael Damianos, although […]

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American journalist kidnapped in Baghdad, police officials say
Kıbrıs 31.03.2026 23:59

American journalist kidnapped in Baghdad, police officials say

An American journalist was kidnapped in Baghdad on Tuesday and authorities are searching the city for her, two police officials said. The Iraqi interior ministry confirmed the abduction of a female journalist but did not disclose her nationality. The ministry said one suspect was arrested and efforts were ongoing to free the journalist. Police officials […]

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Turkey beat Kosovo to qualify for World Cup for first time in 24 years
Kıbrıs 31.03.2026 23:57

Turkey beat Kosovo to qualify for World Cup for first time in 24 years

Turkey ended a 24-year wait to qualify for the World Cup by beating Kosovo 1-0 in their playoff final on Tuesday, sealing a return to football’s biggest stage for the first time since 2002. Forward Kerem Akturkoglu scored the only goal in the 53rd minute to settle a tense contest in Pristina, where the hosts […]

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Tenacious Japan beat misfiring England 1-0 in Wembley friendly
Kıbrıs 31.03.2026 23:52

Tenacious Japan beat misfiring England 1-0 in Wembley friendly

Japan deservedly beat a lacklustre and Harry Kane-less England 1-0 at Wembley on Tuesday in the hosts’ last friendly before manager Thomas Tuchel announces his World Cup squad in May. Kaoru Mitoma, who plays for Brighton & Hove Albion, scored in the 23rd minute to end goalkeeper Jordan Pickford’s run of clean sheets for England […]

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North ‘foreign ministry’ displeased by latest Egypt gas agreement
Kıbrıs 31.03.2026 23:48

North ‘foreign ministry’ displeased by latest Egypt gas agreement

The Turkish Cypriot ‘foreign ministry’ on Tuesday evening expressed its displeasure at the latest agreement concerning the development of natural gas which was signed by the governments of Cyprus and Egypt on Monday, saying that it was signed “disregarding the inherent rights of the Turkish Cypriot people”. “It is a clear manifestation of the Greek […]

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Mayor highlights cancer risk of antennae at British Akrotiri base
Kıbrıs 31.03.2026 23:29

Mayor highlights cancer risk of antennae at British Akrotiri base

Kourion mayor Pantelis Georgiou on Tuesday stressed what he believes to be an elevated risk of cancer linked to the placement of communications antennae in the British Akrotiri base area, after the United Kingdom had earlier this week announced its intention to install 32 new antennae at the base. “What is being said strongly in […]

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Ustel furious at Erhurman as north’s cost-of-living allowance dispute deepens
Kıbrıs 31.03.2026 22:26

Ustel furious at Erhurman as north’s cost-of-living allowance dispute deepens

The north’s ‘prime minister’ Unal Ustel on Tuesday evening expressed fury at Turkish Cypriot leader Tufan Erhurman, who had himself lambasted Ustel’s ruling coalition’s decision to bypass the Turkish Cypriot legislature and halt payments of the cost-of-living allowance without allowing elected representatives to vote on the matter. “I have followed with regret the unfortunate statements […]

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UN thanks Cyprus for latest Amalthea shipment
Kıbrıs 31.03.2026 21:29

UN thanks Cyprus for latest Amalthea shipment

United Nations office for project service (Unops) executive director Jorge Moreira da Silva on Tuesday thanked Cyprus for providing its latest shipment of humanitarian aid to Gaza as part of its Amalthea plan. He confirmed that a total of 400 tonnes of humanitarian aid had been delivered, and said that “the shipment includes urgently needed […]

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Cyprus signs statement offering support for Lebanese govt amid widening conflict
Kıbrıs 31.03.2026 20:36

Cyprus signs statement offering support for Lebanese govt amid widening conflict

Cypriot Foreign Minister Constantinos Kombos on Tuesday signed a joint declaration of European foreign ministers declaring their “full support for the Lebanese government and people” as the conflict in the Middle East spills across Lebanon’s borders, with Israel advancing its invasion into the south of the country and a million people having been displaced so […]

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First natural gas now estimated to hit market in 2029-30
Kıbrıs 31.03.2026 20:20

First natural gas now estimated to hit market in 2029-30

A final investment decision by the companies holding the Aphrodite gas concession may be taken early next year, with the first natural gas going to market by 2029 or 2030, the energy minister said on Tuesday. Regarding the Aphrodite reservoir – located in Block 12 of the exclusive economic zone – minister Michael Damianos said […]

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Drop in asylum and foreign national cases
Kıbrıs 31.03.2026 20:06

Drop in asylum and foreign national cases

Fewer cases filed by asylum seekers and foreign nationals were recorded in both the Administrative Court of International Protection and the Administrative Court in 2025, the Law Office said on Tuesday. A total of 3,193 cases were filed with the Administrative Court of International Protection, including appeals and detention and deportation orders. This marks a […]

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Diaspora Cypriots demand clarification on UK-Turkey Eurofighter deal
Kıbrıs 31.03.2026 20:02

Diaspora Cypriots demand clarification on UK-Turkey Eurofighter deal

The Federation of Cypriots in the UK urged British defence secretary John Healey on Tuesday to justify a multi-billion-pound contract linked to the sale of Eurofighter Typhoon jets to Turkey. The federation warned that the agreement, signed last week, may breach UK strategic export licence criteria and Britain’s obligations as a guarantor power under the […]

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More refugees set to get title deeds for housing
Kıbrıs 31.03.2026 19:58

More refugees set to get title deeds for housing

Greek Cypriot refugees living on housing estates, and whose homes feature minor irregularities, will be able to acquire a title deed, the interior minister said on Tuesday. Constantinos Ioannou said the relevant legislation would go to the cabinet this Thursday. Once it gets the nod there, it would be tabled to parliament. Ioannou said the […]

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Phedonos case refiled in Paphos court
Kıbrıs 31.03.2026 19:53

Phedonos case refiled in Paphos court

The case against suspended Paphos mayor Phedonas Phedonos – accused of rape – has been re-filed with Paphos district court, it transpired on Tuesday. Phedonos’ attorney Christos Pourgourides confirmed reports about the change in venue. The indictment was initially filed with Limassol district court, with April 2 set as the start date for the hearings. […]

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EU ‘exposed to external price volatility’ in energy
Kıbrıs 31.03.2026 19:48

EU ‘exposed to external price volatility’ in energy

The European Union is “exposed to external price volatility” in terms of its acquisition of energy, Cyprus Energy Minister Michael Damianos said on Tuesday after the bloc’s 27 energy ministers and Energy Commissioner Dan Jorgensen convened to discuss the state of play following the closure of the Strait of Hormuz by Iran. He said that […]

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Electricity prices to fall by 5%
Kıbrıs 31.03.2026 19:12

Electricity prices to fall by 5%

Electricity prices in April are actually expected to be lower than in March, the state-run power utility said on Tuesday, although this benefit will likely be extinguished after April if current global crude oil prices remain high. The House energy committee was discussing the increase in the price of fuels amid the Middle East crisis […]

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Grapes event all about wine culture
Kıbrıs 31.03.2026 19:04

Grapes event all about wine culture

A special evening brings together wine, music and conversation for a multi-sensory and inspiring take on wine culture. The GRAPES / Sips & Scenes on April 5 in Nicosia is organised by Glorious Grapes and granazi and features a curated selection of 34 wines from 11 wineries across Spain, Greece and Cyprus. Held at ARTos […]

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€230m projects to boost Cyprus’ water resilience
Kıbrıs 31.03.2026 18:50

€230m projects to boost Cyprus’ water resilience

€230 million worth of projects are underway on the island to improve sustainable water management and increase the island’s water resilience, the finance ministry announced on Tuesday. The projects focus on investments in infrastructure, technology and the sustainable management of water resources and wastewater, in an effort to safeguard Cyprus’ water future against drought. Co-financed […]

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Bank of Cyprus confirms issued shares and voting rights
Kıbrıs 31.03.2026 18:25

Bank of Cyprus confirms issued shares and voting rights

The Bank of Cyprus Holdings Public Limited Company on Tuesday announced that its total issued share capital stood at 435,772,799 ordinary shares. Each of these shares carries a nominal value of €0.10 and provides one voting right per share. As a result, the company confirmed that the total number of voting rights amounts to 435,772,799. […]

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