Nicosia expresses condolences to Egypt and Jordan after the accident in Sinai

The Ministry of Foreign Affairs has expressed condolences to Egypt and Jordan for the tragic bus accident in Sinai on Wednesday, conveying its deep sadness in a post on X.

The Ministry extended heartfelt condolences to the families who lost their loved ones, and to the government and people of Egypt. “Our thoughts are also with Jordan and the families of its citizens that are among the victims,” the Ministry added.

“In this moment of profound grief, our thoughts and solidarity are with all those affected,” it concluded.

Cyprus Department of Meteorology – Forecast for the Sea Area of Cyprus (A)

Atmospheric pressure at the time of issue: 1007hPa (hectopascal)

Seasonal low pressure is affecting the area. The weather over the coastal areas will be mainly fine with locally increased low cloud coverage, overnight and during the morning. Local mist and/or fog patches are expected during night and around dawn.

Visibility: Good

Sea surface temperature: 29°C

Warnings: NIL

AREA

PERIOD

WIND

STATE OF SEA

West Coast

Morning

Southwest 3

Smooth to Slight

Afternoon

Southwest to Northwest 3 to 4, at times locally 4

Smooth to Slight

Night

Northwest to North 3, later North to Northeast

Smooth to Slight

South Coast

Morning

East to Southeast 3, gradually South to Southwest

Smooth to Slight

Afternoon

Southwest to West 3 to 4, offshore 4

Smooth to Slight

Night

Southwest to Northwest 3, initially 3 to 4

Smooth to Slight

East Coast

Morning

Northeast to Southeast 3, later Southeast to Southwest

Smooth to Slight

Afternoon

South to Southwest 3 to 4, locally 4

Smooth to Slight

Night

Southwest to Northwest 3, initially 3 to 4

Smooth to Slight

North Coast

Morning

South to Southwest 3

Smooth to Slight

Afternoon

Southwest to Northwest 3 to 4, locally 4

Smooth to Slight

Night

Southwest to Northwest 3, later Variable

Smooth to Slight

Cyprus participates in European environmental protection campaign for fourth year

Cyprus is taking part for the fourth consecutive year in the European #PlantHealth4Life campaign, which concludes this year, aiming to raise public awareness, particularly among younger generations, about environmental protection and plant health, according to a press release issued by the Ministry of Agriculture, Rural Development and Environment and the European Food Safety Authority (EFSA) on Wednesday.

According to the press release, the campaign is a joint initiative of the European Commission, the European Food Safety Authority (EFSA) and 33 countries. It noted that protecting the environment and plant health is one of the most important challenges at European and global level, while highlighting the key role of education in shaping responsible citizens.

Dr. Anthemis Melifronidou-Pantelidou, Senior Product Inspection Officer and the Department of Agriculture’s official responsible for plant health issues, said that ‘educating young people about environmental protection and plant health is an investment in our future. Through knowledge and the cultivation of environmental awareness, we are laying the foundations for a society that respects and protects nature.’

The campaign also features mascot ‘Pesty’, which is used to present challenges related to plant health and nature protection in a more creative way.

Cyprus Stock Exchange

The Cyprus Stock Exchange (CSE) All Share Index closed at today`s stock exchange meeting as follows:

MEETING DATE: 02/09/2026

INDICES BASE VALUES: FTSEMed=5000, OTH

EURO (pound )

TRADED VALUE:

320,416.10

INDEX

VALUE

% DIFF.

VALUE (pound )

FTSE/CySE 20

184.790

-0.520

315,939.550

MAIN MARKET INDEX

245.370

-0.820

286,556.540

INVESTMENT COMPANIES MARKET INDEX

2,758.110

-1.030

17,329.540

CSE GENERAL INDEX

314.550

-0.500

316,051.050

HOTELS INDEX

2,035.720

0.000

431.200

ALTERNATIVE MARKET INDEX

2,159.570

0.440

33,859.560

* The second column presents the percentage variation of the indices as compared to the last meeting.

Over 40% monthly decrease in goats and sheep in May, according to CYSTAT

Both sheep and goats decreased by over 40% in May compared to the previous month, according to data published by the Statistical Service.

It is noted that during this period measures to control foot-and-mouth disease were underway, which included, among other things, the culling of animals.

During the same period, cattle recorded a slight increase of 2.69%.

Specifically, the total number of sheep in May 2026 amounted to 14,642, down from 25,174 in April 2026, marking a decrease of 41%.

Similarly, the number of goats at the end of May was 8,679, down from 15,247 in April, a reduction of 43%.

The cattle count was 1,375, up from 1,339 a month earlier, reflecting an increase of 2.69%.

Additionally, the number of pigs at the end of May stood at 43,066, down from 44,629, showing a decrease of 3.5%, while poultry reached 1,411,776, up from 1,171,116, marking a monthly increase of 20.55%.

On the other hand, compared to May 2025, sheep and goats show a significant increase at the end of May 2026, of 55.4% and 30.5% respectively, while cattle show an annual decrease of 9.9%. A marginal annual decrease of 0.7% is recorded for pigs, while poultry shows an increase of 16.1% in May 2026 compared to May 2025.

President extends condolences to families of those who lost their lives at Cape Greco and Kyrenia

‘The pain is the same,’ President Nikos Christodoulides said on Wednesday, expressing his condolences on behalf of the state to the families of those who lost their lives last week at Cape Greco and in the shipwreck off Kyrenia.

Addressing members of the Council of Ministers at the start of the Cabinet’s meeting at the Presidential Palace, the President of the Republic referred to the weekend’s two ‘tragic incidents’ one in the free Famagusta area, ‘with the tragic loss of one of our compatriots, and in occupied Kyrenia, with the tragedy of the shipwreck, which claimed many lives’.

‘In human tragedies, in the loss of human life,’ President Christodoulides he said, ‘the pain is the same, and I would like today, before we begin, to express, on behalf of the state and the Republic of Cyprus, my heartfelt condolences to the families and loved ones’ of those who lost their lives.

Cyprus has been divided since 1974, when Turkey invaded and occupied its northern third. Repeated rounds of UN-led peace talks have so far failed to yield results. The latest round of negotiations, in July 2017 at the Swiss resort of Crans-Montana ended inconclusively.

Cyprus Department of Meteorology – Forecast for the Sea Area of Cyprus (?)

CYPRUS DEPARTMENT OF METEOROLOGY

FORECAST FOR THE SEA AREA OF CYPRUS (A)

FOR THE PERIOD FROM 0600 02/09/2026 UNTIL 0600 03/09/2026

Area covered is 8 kilometers seawards.

Winds are in BEAUFORT scale. Times are local times.

Atmospheric pressure at the time of issue: 1009hPa (hectopascal)

Seasonal low pressure is affecting the area. The weather will be mainly fine with risk of locally increased low cloud coverage, overnight and during the morning.

Visibility: Good

Sea surface temperature: 29°C

Warnings: NIL

AREA PERIOD WIND STATE OF SEA

West Coast

Morning Southeast to Southwest 3, gradually locally Southwest to West Smooth to Slight

Afternoon Southwest to Northwest 3 to 4, later locally 4 Smooth to Slight

Night Northwest to Northeast 3, locally at first West to Northwest 4 Smooth to Slight

South Coast

Morning Northeast to Southeast 3, later Southeast to Southwest Smooth to Slight

Afternoon Southeast to Southwest 3 to 4, gradually locally South to Southwest 4 Smooth to Slight

Night Southwest to Northwest 3 to 4, gradually Variable 3 Smooth to Slight

East Coast

Morning Northeast to Southeast 3, locally at first Variable Smooth to Slight

Afternoon Southeast to Southwest 3 to 4 Smooth to Slight

Night Southwest 3 to 4, gradually West to Northwest 3 Smooth to Slight

North Coast

Morning Southwest to Northwest 3, gradually locally Northwest to North 3 to 4 Smooth to Slight

Afternoon Southwest to Northwest 3 to 4, locally 4 Smooth to Slight

Night Southeast to Southwest 3, locally offshore Southwest to West 3 to 4 Smooth to Slight

Credit standards for loans unchanged in Q2 2026, with household demand going up

Credit standards for loans to enterprises and to households remained unchanged in the second quarter of 2026, compared to the previous quarter, according to the Bank Lending Survey, issued on Wednesday by the Central Bank of Cyprus. During the same period, demand for loans from households went up.

According to the Survey, on the loan supply side, credit standards for loans to enterprises and for loans to households relating to housing loans as well as consumer credit and other lending, remained unchanged in 2026Q2, compared with the previous quarter.

According to the Survey, all factors relating to credit standards across all loan categories had a neutral impact in the quarter under review. Overall terms and conditions on new loans or credit lines to enterprises and for new housing loans, consumer credit and other lending to households also remained unchanged in 2026Q2 compared with the previous quarter.

As regards new housing loans to households, although overall terms remained unchanged, the Survey indicated an increase in lending rates on these loans, partly reflecting the upward adjustment in the ECB policy rates.

On the loan demand side, net demand for loans by enterprises remained unchanged in 2026Q2, compared with the previous quarter, while net demand by households increased further, both for housing loans as well as for consumer credit and other lending.

Overall net demand for business loans remained unchanged, although lower financing needs for fixed investment by large enterprises, compared with the previous quarter, were reported, mainly in the tourism and energy sectors. According to the CBC, this appears to be partly linked to the continuing uncertainty stemming from the ongoing crisis in the Middle East and to factors affecting the expected return on investment projects involving renewable energy sources.

As regards households, the net increase in demand for housing loans is attributed to improved housing market prospects and the general level of interest rates, while the increase in demand for consumer credit and other lending is attributed to higher household spending on durable consumer goods and higher consumer confidence.

According to banks’ expectations for 2026Q3, credit standards for loans to both enterprises and households, the latter relating to both categories of loans, are expected to remain unchanged.

At the same time, net demand for loans by enterprises is expected to remain stable, while net demand by households, both for housing loans and for consumer credit and other lending, is expected to increase further.

Cyprus stands in solidarity with Germany after Russian drone attack, FM says

Cyprus stands in solidarity with Germany following a Russian drone attack at Leipzig Airport, Foreign Minister Constantinos Kombos said on Wednesday, stressing that threats to critical infrastructure concern Europe as a whole.

In a post on X, Kombos said Cyprus ‘stands in solidarity with Germany following the Russian drone attack at Leipzig Airport’.

‘Threats to critical infrastructure concern us all,’ he said.

He added that European unity, resilience and close coordination were essential in responding to threats and safeguarding common security.

The German government on Tuesday blamed Russia for an attempted attack involving an explosives-laden drone at Leipzig/Halle Airport on August 4. Moscow has denied any involvement.

Cabinet decides to amend legislation on sailing bans and establish committee on anchorages

The Cabinet has decided to implement the amendment of existing legislation concerning the prohibition of vessels from sailing from the territory of the Republic during severe weather conditions, as an interim measure until the establishment of the Coast Guard, Deputy Minister of Shipping Marina Hadjimanolis said on Wednesday.

According to the Deputy Minister, the Cabinet also approved the establishment of a Committee on Anchorages, chaired by the Deputy Ministry of Shipping and comprising all competent government and other services. The Committee will examine, in a comprehensive manner, issues relating to safety, the conditions under which vessels remain at anchor, as well as the collection and proper management of waste, with the aim of ensuring unified coordination among the government services operating at sea and establishing clear responsibilities.

Speaking after the Cabinet meeting at the Presidential Palace, Hadjimanolis referred to the meeting held on Tuesday at the Joint Rescue Coordination Centre (JRCC), attended by herself, the Ministers of Justice and Public Order and Agriculture, Rural Development and Environment, ‘following the recent catastrophic events’ caused by severe weather conditions in various areas of the Republic of Cyprus on 29 August, when a man died and two boats were destroyed after running aground.

She noted that the meeting examined the parameters relating to the prohibition of vessels from sailing in cases of adverse weather conditions.

‘It was pointed out that the matter will be definitively resolved through the legislation currently being prepared for the establishment of the Coastguard Service of the Republic of Cyprus, for which the Cabinet took a relevant decision on 16 March 2026,’ she said.

However, until the relevant legislative framework comes into force, she said, ‘it was considered appropriate, as an immediate transitional measure, to examine in parallel an amendment to existing legislation, or the issuing of regulations under existing legislation, concerning the prohibition of ships and vessels from sailing from the territory of the Republic, as well as their mandatory relocation to a safe shelter or port when adverse weather conditions prevail.’

Accordingly, she said, the Cabinet decided that, until the issue of prohibiting ships and vessels from sailing from the territory of the Republic and/or requiring their relocation to a safe shelter or port in adverse weather conditions is definitively resolved through the legislation being prepared for the establishment of the Republic’s Coastguard Service, the Deputy Ministry of Shipping should prepare, in cooperation with all relevant stakeholders, an amending bill to existing legislation or draft regulations under existing legislation.

It also approved the establishment of a Committee on Anchorages, chaired by the Deputy Ministry of Shipping and comprising all relevant government and other services.

Hadjimanolis said that, until now, the marine weather bulletin had been issued by the Meteorological Service, while Radio Cyprus, which operates under the JRCC, made the relevant announcements. ‘It was the responsibility of the vessel operators themselves, as is the case in other parts of the world, to act accordingly, to take their vessels to a safe shelter and to protect the lives of those on board,’ she said.

Asked about the role of the Committee on Anchorages, the Deputy Minister said they see an increasing number of boat owners mooring their vessels in various locations that are not designated for such purposes. She further noted that mooring is prohibited in areas designated as NATURA sites or otherwise protected areas. ‘However, there is no prohibition notice,’ she said.

Therefore, she explained, through the establishment of the Committee, the competent departments responsible for anchorages – including the Cyprus Ports Authority, together with the Department of Environment and the Department of Fisheries and Marine Research, among others – will be able to coordinate more effectively.

‘The aim is to determine how we can ultimately protect people by ensuring that vessels anchor in designated areas, while also addressing the various environmental impacts, because vessels that moor there in an uncontrolled manner pollute the environment,’ she added.