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12° Nicosia,
08 July, 2026
 

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Cyta to build Cyprus' largest privately owned data center after RedMax acquisition

Cyta to build Cyprus' largest privately owned data center after RedMax acquisition

Cyta is expanding its digital infrastructure with the acquisition of the RedMax data center in the Latsia Industrial Area, a project that will significantly increase its ability to deliver Cloud computing and equipment colocation services to customers in Cyprus and overseas....

 |  BUSINESS
Finance Ministry rejects staffing claims as school psychologists increase by 69%

Finance Ministry rejects staffing claims as school psychologists increase by 69%

The Ministry of Finance has dismissed reports claiming it refused a request to fund additional educational psychologists in next year's state budget, saying discussions on the Ministry of Education's 2027 spending plans are still underway....

 |  NEWS
Average speed cameras being considered for motorways

Average speed cameras being considered for motorways

The Ministry of Transport and the Traffic Police are considering a pilot installation of average speed cameras on a section of motorway to monitor speeding. If the trial proves effective, the system will be expanded across the motorway network....

 |  NEWS
Golden defence deals and tough messages to Putin and Iran

Golden defence deals and tough messages to Putin and Iran

The 32 leaders sent a message of unity and a firm response to longstanding American pressure for greater European participation in collective defense through the joint declaration they adopted at the NATO Summit in Ankara. ...

 |  NEWS
Residents and businesses reject Nicosia's €10.8m historic centre redevelopment plan

Residents and businesses reject Nicosia's €10.8m historic centre redevelopment plan

Business owners and residents in Nicosia's historic centre have rejected the municipality's proposed redevelopment plans, arguing that the project falls well short of what the area requires and calling for a substantially larger investment....

 |  NEWS
The black van and the black snake that will devour us

The black van and the black snake that will devour us

Major twists and turns in the black van affair. Not my black van, of course, which, as everyone knows, is blessed and only keeps tabs on stories of social commentary. Some malicious souls call it nosiness or gossip. I'm talking about the real one, the original black van....

 |  OPINION
Alpha Bank Cyprus is strengthening its customer-centric model through a new strategic investment in digital transformation

Alpha Bank Cyprus is strengthening its customer-centric model through a new strategic investment in digital transformation

Alpha Bank Cyprus is taking another significant step in its digital transformation journey, further strengthening its customer-centric operating model through a new strategic investment that upgrades the way it serves, communicates with, and responds to the needs of its Customers....

 |  BUSINESS
Cypriot cabinet approves €6.35 million in new aid to clear foot-and-mouth compensation claims

Cypriot cabinet approves €6.35 million in new aid to clear foot-and-mouth compensation claims

The Cypriot government has finalized two new financial relief packages totaling €6.35 million to support livestock farmers recovering from a major foot-and-mouth disease crisis that began on February 20, 2026. This newly approved funding increases total state support for the sector to €39 million....

 |  NEWS
Health officials warn of higher Legionella risk during summer heat

Health officials warn of higher Legionella risk during summer heat

The Department of Labour Inspection has called for stricter monitoring and maintenance of water systems as high summer temperatures increase the likelihood of Legionella bacteria developing in certain installations....

 |  NEWS
Former transport minister among 10 facing corruption and money laundering charges

Former transport minister among 10 facing corruption and money laundering charges

Ten defendants, including former transport minister Mario Demetriades, are facing an extensive list of criminal charges linked to Cyprus' citizenship-by-investment programme, with the case expected to begin later this year....

 |  NEWS
Coral Cyprus (Shell Licensee) strengthens the Shell service station network with a new strategic location in Aradippou

Coral Cyprus (Shell Licensee) strengthens the Shell service station network with a new strategic location in Aradippou

Coral Cyprus (Shell Licensee), which holds the licence to use the Shell trademark in Cyprus, has proceeded with the acquisition of a new service point in Aradippou, further strengthening the network of service stations bearing the Shell brand and its presence in the Larnaca district....

 |  BUSINESS
Gevorest ''Stops Time'' at Shopping Malls

Gevorest ''Stops Time'' at Shopping Malls

Gevorest, faithful to its commitment to promoting sleep quality since 1967, announces the launch of its new event series, "The Ypnos Gold Challenge." On the occasion of the new campaign for the iconic Ypnos Gold mattress, Gevorest invites the public to disconnect from the intensity of everyday life and discover the importance of quality sleep through a unique, multi-sensory experience....

 |  BUSINESS
European Parliament backs Cyprus with fresh report on Turkey and reunification

European Parliament backs Cyprus with fresh report on Turkey and reunification

Just three weeks after its report on Turkey sent a strong message on the framework for resolving the Cyprus issue and rejected Ankara's "two-state" narrative, the European Parliament has adopted another report that reinforces Nicosia's positions....

 |  NEWS
ESM report says Cyprus and Greece are the only eurozone countries expected to reduce debt through 2035

ESM report says Cyprus and Greece are the only eurozone countries expected to reduce debt through 2035

About half of the euro area countries, including the five member states that received assistance from the European Stability Mechanism (ESM), among them Cyprus, succeeded in reducing public debt and cutting deficits after the pandemic, thanks to the steady economic recovery and growing tax revenues....

 |  BUSINESS
Wednesday forecast: Keeping it steady midweek

Wednesday forecast: Keeping it steady midweek

The seasonal low pressure is still lingering around, but the weather is playing it safe over the next forty-eight hours. Temperatures are sitting exactly where they should be for this time of year, making for a very steady and predictable July routine....

 |  NEWS
PASYKAF launches major wellness campaign for women

PASYKAF launches major wellness campaign for women

A local health organization has introduced a major campaign targeting the well-being of women across Cyprus, emphasizing the critical role of regular medical checkups....

 |  NEWS
EU approves emergency fertilizer support for farmers

EU approves emergency fertilizer support for farmers

Farmers across the European Union are set to receive financial assistance after the European Parliament approved emergency measures aimed at easing the burden of soaring fertilizer costs before the next planting season....

 |  NEWS
Race against time for Cyprus missing as witnesses age and archives remain closed

Race against time for Cyprus missing as witnesses age and archives remain closed

Efforts to locate and identify individuals who vanished during past intercommunal violence and the 1974 invasion face an increasingly difficult timeline. Officials reported this week that vital eyewitness testimonies are rapidly disappearing as elderly sources pass away....

 |  NEWS
Erdoğan's sponsors are giving him every reason to hold the line

Erdoğan's sponsors are giving him every reason to hold the line

Who are the sponsors behind Erdoğan's confidence? Who has made him feel comfortable enough to dictate terms and conditions without regard for anyone or anything? The primary sponsor is the European Union. ...

 |  OPINION
Cyprus faces severe 2030 electricity shortage without Vassilikos gas terminal

Cyprus faces severe 2030 electricity shortage without Vassilikos gas terminal

Cyprus faces a severe electricity deficit by 2030 unless the delayed natural gas terminal at Vassilikos is completed, Energy Minister Michalis Damianos told MPs on Tuesday....

 |  NEWS
Landmark pension reform eyes January 2027 rollout with hikes up to 55%

Landmark pension reform eyes January 2027 rollout with hikes up to 55%

A major overhaul of the Cypriot pension system is moving into its final legislative phases, promising tiered increases for all retirees when it takes effect on January 1, 2027....

 |  BUSINESS
UN chief urges Cypriot leaders to seize fading window of opportunity for peace

UN chief urges Cypriot leaders to seize fading window of opportunity for peace

United Nations Secretary-General António Guterres has delivered a direct message to the leaders of the Greek Cypriot and Turkish Cypriot communities, warning that the current momentum toward a political settlement is fragile and cannot be taken for granted....

 |  NEWS
Lidl Better Living Days concluded with great enthusiasm in Paphos, moving on to two stops in Limassol

Lidl Better Living Days concluded with great enthusiasm in Paphos, moving on to two stops in Limassol

After the Lidl Agios Pavlos store, Lidl Cyprus' summer wellness journey will travel to Lidl Agia Fylaxeos store on July 10 and 11 as well as to the Lidl Ypsonas store on July 17 and 18....

 |  BUSINESS
Prison officers warn Cyprus jail system is nearing collapse in plea to President

Prison officers warn Cyprus jail system is nearing collapse in plea to President

Prison officers have appealed directly to President Nikos Christodoulides, warning that Cyprus' prison system is nearing breaking point and claiming staff safety is being placed at unacceptable risk because of overcrowding and severe staff shortages....

 |  NEWS
Cyprus records strongest retail sales growth in the EU

Cyprus records strongest retail sales growth in the EU

Cyprus recorded the strongest retail sales performance in the European Union in May, posting the fastest monthly and annual growth among member states, according to the latest figures released by Eurostat....

 |  BUSINESS
Cape Town to Host First African Stage of the World Schools Team Championship with Freedom Holding Corp. as General Partner

Cape Town to Host First African Stage of the World Schools Team Championship with Freedom Holding Corp. as General Partner

he African Continental Stage of the FIDE ISCF World Schools Team Championship 2026 (WSTC 2026) will take place from 6 to 11 July at Stellenbosch University, in Cape Town, South Africa. The event is organised by the International Chess Federation (FIDE) and the International School Chess Federation (ISCF) with the support of general partner Freedom Holding Corp., the parent company of Freedom24...

 |  BUSINESS
Bank of Cyprus revises its Privacy Statement

Bank of Cyprus revises its Privacy Statement

Bank of Cyprus, as part of its strategy to comprehensively protect and respect personal data, and responding to the requirements of Regulation (EU) 2016/679 of the European Parliament and of the Council on data protection and privacy (GDPR) and the Law providing for the Protection of Natural Persons with regard to the Processing of Personal Data and for the free movement of such data [Law 125(I) of 2018]...

 |  BUSINESS
Hooded youths set tyres on fire on Limassol road

Hooded youths set tyres on fire on Limassol road

Police are investigating after a group of hooded youths set fire to tyres on a road in the Linopetra area of Limassol on Monday night before running away as officers arrived....

 |  NEWS
Trump expected to back Turkey's return to F-35 programme

Trump expected to back Turkey's return to F-35 programme

US President Donald Trump is expected to tell Turkish President Recep Tayyip Erdogan that he is prepared to support Turkey's return to the F-35 fighter jet programme, reversing a decision taken during his first term in office that excluded Ankara over security concerns....

 |  NEWS
Tuesday weather outlook: The July storms refuse to quit

Tuesday weather outlook: The July storms refuse to quit

That rare cocktail of seasonal low pressure and stubborn atmospheric instability is still firmly in charge. We are looking at a classic summer-winter hybrid day: plenty of bright sunshine to start, followed by a sudden rush for cover by midday....

 |  NEWS
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New facility is expected to strengthen Cyprus' digital infrastructure and support regional and international data hosting services. File photo
BUSINESS

Cyta to build Cyprus' largest privately owned data center after RedMax acquisition

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New facility is expected to strengthen Cyprus' digital infrastructure and support regional and international data hosting services. File photo
BUSINESS

Cyta to build Cyprus' largest privately owned data center after RedMax acquisition

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