Category: Cyprus News Agency

CYPRUS DEPARTMENT OF METEOROLOGY

FORECAST FOR THE SEA AREA OF CYPRUS (B)

FOR THE PERIOD FROM 1200 10/09/2026 UNTIL 1200 11/09/2026

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, but overnight and in the morning locally increased low cloud coverage will be present at times, with risk of local mist and/or fog patches mainly over the southern and eastern coastal areas.

Visibility: Good, but moderate to poor in mist and very poor in fog

Sea surface temperature: 29°C

Warnings: NIL

AREA PERIOD WIND STATE OF SEA

West Coast

Afternoon West to Northwest 3 to 4, locally 4 to 5 Slight

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

Morning Southwest 3 Smooth to Slight

South Coast

Afternoon Southwest 3 to 4, locally 4 to 5 Slight

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

Morning Northwest to Northeast 3, gradually East to Southeast Smooth to Slight

East Coast

Afternoon Southwest 3 to 4 Slight

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

Morning Variable 3, later Northeast to Southeast Smooth to Slight

North Coast

Afternoon West to Northwest 3 to 4, locally 4 Slight

Night Southeast to Southwest 3 Smooth to Slight

Morning Southwest 3 Smooth to Slight

The Cabinet approved on Thursday the appointment of the first Board of Directors of the National Cancer Institute, Health Minister Neofytos Charalambides said following the meeting, at the Presidential Palace.

‘Following the establishment of the National Cancer Institute, we are now moving to the next stage, namely its operation and the practical implementation of the important responsibilities assigned to it,’ Charalambides said.

He added the National Cancer Institute ‘represents a major reform in the way our country organises, coordinates and implements its policy for tackling cancer.’

The Health Minister stressed that ‘prevention and early diagnosis, equal access for patients to quality health services, improved care, and the utilisation of research and innovation are key priorities in this direction.’

Oncologist Dr Pavlos Dragos was appointed President of the first Board of Directors of the National Cancer Institute.

The Board of Directors also includes eight members, including representatives of the Ministry of Health and the Ministry of Finance, the Cyprus Medical Association (PIS) and the Cyprus Patients Associations Federation (OSAK).

Cyprus President Nikos Christodoulides expressed hope that there will be political will from everyone in the upcoming meetings in New York, during the UN General Assembly week, so that the UN Secretary-General Antonio Guterres could call for a broader format meeting on the Cyprus issue.

President Christodoulides, who was arriving at an event in Athienou, Larnaca, on Thursday evening was asked if the Greek Cypriot side was informed by the UN about the phone communication between the Secretary-General’s personal envoy and Antonio Guterres. He replied that “we have not been informed and that we knew from the Secretary-General himself that there would be a telephone conversation, because it was not possible for Maria Angela Holguin to travel to New York.”

“We will certainly be informed in the next twenty-four hours,” he said. At the same time, he added, “the European Union has also begun preparatory work so that the conditions for the resumption of talks are created, taking into account the very important role it can play.”

President Christodoulides described the week in New York as critical and decisive. “I hope that there will be political will from everyone, that there will be a response, so that the Secretary General can move forward with an expanded meeting’, he noted.

He was also asked about the wish expressed by the President of Israel, Isaac Herzog, with whom he met today in Nicosia, for Cyprus to host a Cyprus-Israel-Lebanon trilateral meeting, the President said that this is indicative of how neighbouring states view our role.

‘We are the [EU] member state of the region, which speaks with all neighbouring states, we have excellent relations with all neighbouring states and I am glad that they recognise this role of ours,’ he pointed out.

He also noted that we will do whatever we can to create conditions of security, cooperation and stability in our region.

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 due to Turkish intransigence. The latest round of negotiations, in July 2017 at the Swiss resort of Crans-Montana ended inconclusively.

UN Secretary-General Antonio Guterres, whose term nears its end, announced he would convene another meeting in broader format, after adequate preparation, but gave no timeline. He secured to that end the consensus of both sides and of the guarantor powers. María Angela Holguín, Guterres’ Personal Envoy on Cyprus, is tasked to engage with the parties. Executive Vice-President Raffaele Fitto acts as the European Commission’s Special Representative for Cyprus, succeeding EU special envoy Johannes Hahn.

Port and Maritime Police and the Navy of Cyprus and Egypt took part in an international training in the field of port and maritime security. The training, which was completed at CYCLOPS, the Cyprus Centre for Land, Open Seas and Port Security, in Larnaka, focused on maritime search and detention operations and on handling threats from chemical, biological and radioactive materials.

A press release says that the training took place between August 31-September 9 and focused on conducting VBSS/CBRN operations (Visit, Board, Search and Seizure/Chemical, Biological, Radiological and Nuclear), policing operations at sea, in relation to threats of chemical, biological and radioactive materials.

According to the press release, instructors from the Port and Maritime Police contributed to the training program, along with personnel from the Underwater Demolition Unit and the Commando Unit of the National Guard, officers from the Deputy Ministry of Shipping, and personnel from the Ambulance Service and the Port and Maritime Police.

The closing ceremony of the training program, at CYCLOPS was attended by the Admiral of the Northern Fleet of the Egyptian Navy, representatives of the Embassy of Egypt in Cyprus, representatives of the Ministry of Foreign Affairs, Officers of the Naval Command, as well as Officers from the Cyprus Police.

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

Seasonal low pressure is affecting the area. The weather will be mainly fine, but tonight and in the morning locally increased low cloud coverage will be present at times, with risk of local mist and/or fog patches mainly over the southern and eastern coastal areas.

Visibility: Good, but moderate to poor in mist and very poor in fog

Sea surface temperature: 29°C

Warnings: NIL

AREA

PERIOD

WIND

STATE OF SEA

West Coast

Night

Northwest to Northeast 3, locally at first West to Northwest 4

Smooth to Slight, locally at first Slight

Morning

Southwest 3

Smooth to Slight

Afternoon

West to Northwest 3 to 4, locally 4 to 5

Slight

South Coast

Night

Southwest to Northwest 3 to 4, later Variable 3

Smooth to Slight

Morning

Northwest to Northeast 3, gradually East to Southeast

Smooth to Slight

Afternoon

Southwest 3 to 4, locally 4 to 5

Slight

East Coast

Night

Southwest 3 to 4, gradually West to Northwest 3

Smooth to Slight

Morning

Variable 3, later Northeast to Southeast

Smooth to Slight

Afternoon

Southwest 3 to 4

Slight

North Coast

Night

Southeast to Southwest 3

Smooth to Slight

Morning

Southwest 3

Smooth to Slight

Afternoon

West to Northwest 3 to 4, locally 4

Slight

Greek and allied forces taking part in the multinational air and naval exercise ‘Medusa’ are in full deployment, with preparatory activities beginning on Thursday southeast of Crete.

Forces from Greece, Egypt, France, Italy and Cyprus are taking part in the exercise, with warships and fighter aircraft conducting a series of complex operational activities in the area.

The location of the exercise is considered particularly significant, as it lies within a maritime area covered by Turkish claims based on the Turkey-Libya memorandum. Greece has issued a NAVTEX reserving an area in the southeastern Cretan Sea, where the first stages of the exercise are taking place.

The exercise comes just days after remarks by Greek Prime Minister Kyriakos Mitsotakis in El Alamein, where the trilateral summit between Greece, Cyprus and Egypt was held.

This year’s ‘Medusa’ exercise is being held within the framework of the longstanding defence cooperation between Greece and Egypt, with the participation of the Republic of Cyprus and European countries.

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

MEETING DATE: 10/09/2026

INDICES BASE VALUES: FTSEMed=5000, OTHERS = 1000

EURO (pound )

TRADED VALUE 83.666,89

INDEX

VALUE

%DIFF.

VALUE

FTSE/CySE 20

186,750

-0,230

82.392,630

MAIN MARKET INDEX

249,380

-0,050

57.628,750

INVESTMENT COMPANIES MARKET INDEX

2.744,910

-0,350

20.733,040

CSE GENERAL INDEX

317,830

-0,220

82.541,430

HOTELS INDEX

2.065,200

0,000

998,800

ALTERNATIVE MARKET INDEX

2.138,820

-0,680

25.911,480

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

CNA/ME/EPH/2026S, CYPRUS NEWS AGENCY

Communication Office, Promotion and Development Sector

10 September 2026

Telephone: 22894304

Email: prinfo@ucy.ac.cy

Website: www.ucy.ac.cy/pr

Author:

University of Cyprus Associate Professor Thomas Papadopoulos was Awarded Jean Monnet Chair

This Chair was awarded by the European Commission and will promote teaching and research in European Business Law.

The European Commission has awarded a Jean Monnet Chair to Thomas Papadopoulos, Associate Professor of Business Law at the Department of Law.

The 3-year Jean Monnet Chair with the title ‘New Dimensions on EU Business Law: companies and markets in the process of integration’ (EUCompAkt) focuses on European company law, European capital markets law and European competition law. The activities of the Jean Monnet Chair, which include courses, seminars, research, publications, conferences and events, will be implemented at the Department of Law, but will also be available to academics and students of other Departments of the University of Cyprus. These activities are based on the imperative need to understand and address the contemporary challenges facing European Business Law. Companies and markets are the foundations of the European economy and have a significant impact on the lives of European citizens. This impact requires that certain human and social values be considered in the functioning of companies and markets.

As the EU economy continues to evolve, specialised teaching and research in EU company law, capital markets law and competition law are increasingly important. These fields are central to the ongoing integration of the internal market, making a comprehensive understanding of their complex dynamics and emerging challenges essential.

Funded by the Erasmus+ programme, Jean Monnet Chairs support specialised teaching and research in European Union studies. They aim to strengthen the study of European subjects within higher education curricula, respond to emerging labour market needs and promote accessible educational resources. The Chairs are awarded through a highly competitive selection process based on strict criteria and rigorous peer review.

Labour productivity in Cyprus increased by an average annual rate of 1.70% in the period 2022-2025, while real labour compensation rose by 1.30% based on sectoral output prices and by 1.95% based on the Consumer Price Index (CPI), according to a new Bulletin by the University of Cyprus Centre for Economic Research (CER).

Particularly strong performance was recorded in the Information and Communication sector, which includes ICT, where labour productivity increased by an average annual rate of 6.51% in 2022-2025. Over the same period, real labour compensation in the sector rose by 10.37% based on sectoral output prices and by 9.93% based on the CPI.

By contrast, Agriculture recorded an average annual decline of 4.06% in labour productivity, while real labour compensation fell by 1.83% based on sectoral output prices and by 0.74% based on the CPI.

Over the full 1996-2025 period, labour productivity in Cyprus increased by an average annual rate of 1.44%, with significant differences across economic sectors.

The Information and Communication sector recorded the strongest performance, with average annual labour productivity growth of 5.27%, followed by Financial and Insurance Activities at 2.33% and Wholesale and Retail Trade at 1.61%.

Negative productivity growth rates were recorded in Agriculture, Forestry and Fishing (-0.90%), Real Estate Activities (-0.84%), Arts and Other Services (-0.82%) and Construction (-0.10%).

A similar picture emerges from estimates of Total Factor Productivity (TFP) through 2024. TFP across the economy as a whole increased by an average annual rate of 0.99%, while in Information and Communication the corresponding rate was 4.38%. Negative rates were recorded in Agriculture, Construction, Manufacturing, and Arts and Other Services.

The analysis also examines developments in labour compensation relative to labour productivity. Over 1996-2025, real labour compensation increased by an average annual rate of 1.10% when measured against sectoral output prices and by 1.12% when adjusted using the CPI, compared with labour productivity growth of 1.44%.

According to the CER, ‘productivity improvements have been concentrated in a relatively small number of sectors,’ while ‘the relationship between productivity and labour compensation varies significantly across economic sectors.’

The CER also notes that ‘sustained productivity growth is a key prerequisite for strengthening Cyprus’ competitiveness, achieving long-term increases in labour income and improving living standards.’

The findings, according to the centre, suggest that horizontal policy measures may not be sufficient, making interventions that take into account the characteristics and performance of each sector necessary.

Israeli President Isaac Herzog is visiting Cyprus today at the invitation of President Nikos Christodoulides.

Herzog will be received at the Presidential Palace by President Christodoulides, with the two Presidents holding a one-on-one meeting to discuss ways to further deepen cooperation and strengthen Cyprus-Israel relations.

According to a statement by the Israeli Presidency, the visit is part of the ongoing cooperation and regular contacts between the two Presidents, aimed at further developing Cyprus-Israel relations.

Meanwhile, police have announced increased security measures due to the Israeli President’s visit to Cyprus.

According to a statement, there will be brief, intermittent road closures from 09:00 to 16:00 on Thursday in Larnaca district, along the Larnaca-Nicosia motorway and in Nicosia district.

In addition, a protest against the Israeli President’s visit is scheduled for 18:30 outside the Presidential Palace, organised by the Pancyprian Peace Council together with other anti-war activist groups.