Category: Cyprus News Agency

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

MEETING DATE: 06/10/2025

INDICES BASE VALUES: FTSEMed=5000, OTHERS = 1000

CYPRUS DEPARTMENT OF METEOROLOGY

FORECAST FOR THE SEA AREA OF CYPRUS (B)

FOR THE PERIOD FROM 1200 06/10/2025 UNTIL 1200 07/10/2025

Area covered is 8 kilometers seawards.

Winds are in BEAUFORT scale. Times are local times.

Atmospheric pressure at the time of issue: 1014hPa (hectopascal)

Weak low pressure is affecting the area. The weather will be mainly fine with locally increased cloud coverage at times. Tomorrow the weather will be partly cloudy and at times mainly cloudy with risk of light isolated showers, mainly over the western and northern coastal areas.

Visibility: Good

Sea surface temperature: 26°C

Warnings: NIL

CYPRUS DEPARTMENT OF METEOROLOGY

FORECAST FOR THE SEA AREA OF CYPRUS (A)

FOR THE PERIOD FROM 0600 06/10/2025 UNTIL 0600 07/10/2025

Area covered is 8 kilometers seawards.

Winds are in BEAUFORT scale. Times are local times.

Atmospheric pressure at the time of issue: 1013hPa (hectopascal)

Weak low pressure is affecting the area. The weather will be mainly fine with locally increased cloud coverage at times.

Visibility: Good

Sea surface temperature: 26°C

Warnings: NIL

Deputy Minister for European Affairs Marilena Raouna will travel to Strasbourg Tuesday for a two-day working visit in preparation for the assumption of the Cyprus Presidency of the Council of the European Union, the first half of 2026.

The visit, which takes place on the occasion of the plenary session of the European Parliament between 6-9 October, is part of the Deputy Minister’s series of contacts with representatives of the EP.

The aim is to strengthen relations and cooperation with the European Parliament, which as a co-legislator plays a decisive role in a successful Presidency of the Council of the EU, a statement issued by the Cyprus EU Secretariat.

Raouna will have meetings with Committee Chairs, focusing on providing information on the priorities of the Cyprus Presidency and exchanging views on important legislative files and initiatives that will concern the Union in the near future. This is taking place in view of the representation of the Council by the Deputy Minister at the Plenary Sessions of the European Parliament, as well as her presence before the Conference of Committee Chairs, during the Cyprus Presidency, the announcement by the Secretariat reads.

In addition, during the six-month period, both the Deputy Minister for European Affairs and the other competent Ministers will appear before the EP Committees, within the framework of the institutional role of the Presidency.

During her stay in Strasbourg, the Deputy Minister will also meet with Cypriot MEPs.

Shipping, and safeguarding the EU’s maritime transport competitiveness in the global market will be amongst the priorities of the Cyprus Presidency of the Council of the EU that will begin in January, President of the Republic Nikos Christodoulides said Monday, in his opening address at the ‘Maritime Cyprus 2025’ Conference that began in Limassol.

“Shipping, and safeguarding the EU’s maritime transport competitiveness in the global market is an indispensable component of our efforts to strengthen the Union’s competitiveness and will be amongst the priorities of our Presidency” the President stressed.

He noted that this year’s theme of Maritime Cyprus 2025 is ‘Unlocking the Future of Shipping’, and “captures the moment we are in – one of complex challenges. And yet, it also aptly captures this resilient industry’s constant, timeless drive to transform the moment into opportunity. You have all proven, time and again, that no matter how daunting the task, you can rise to the task – you adapt, you create, you thrive”.

Referring to Cyprus, he said that it has one of the largest fleets in the world and a dynamic maritime cluster, hosting hundreds of companies, engaging in the full range of maritime and maritime-related activities.

Over the last two years, he noted, the exposure of Cyprus shipping, has grown impressively, the Cyprus Ship Registry, has increased by 20% in terms of gross tonnage, reaching the highest point of the last 20 years, the number of companies registered in the Cyprus Tonnage Tax System has increased by 15%, and the ship management sector’s contribution to the GDP of Cyprus, increased by 27% from 2023 to 2024.

He noted that it is a priority for the Government to further enhance the competitiveness of Cyprus shipping.

“We are fully committed to continue upgrading and strengthening the framework that governs the services provided by the Shipping Ministry. In this context and within the framework of our commitment to digital transition, the digitalization of the services of the Shipping Deputy Ministry is constantly progressing” the President said.

He announced that “we are ready to launch the first services next week”.

Additionally, he said that the Government, recognizing the great potential and promising future of the cruise sector, has taken decisive measures by approving the National Strategy for Cruise Tourism last October. The first stage of the implementation of the strategy, he continued, has been completed and soon a targeted Action Plan will be developed. Our goal is to boost Cyprus’s footprint as an attractive and competitive cruise destination.

The number of unemployed persons, registered at the District Labour Offices on the last day of September 2025, reached 7,624, down by 6.4% compared to September 2024, the Statistical Service said in a statement today.

Based on the seasonally adjusted data which reflect the trend of unemployment, the number of registered unemployed for September 2025 decreased to 9,711 persons, in comparison to 10,053 in the previous month.

It is added that in comparison with September 2024, a decrease of 518 persons or 6.4% was recorded, a decrease mainly attributed to the sectors of trade, construction, financial and insurance activities, manufacturing, as well as to the decrease recorded for newcomers in the labour market.

The Cyprus Shipping Industry remains a cornerstone of our economy, President of the Cyprus Shipping Chamber Andreas Neophytou, has said.

In his address at a Reception hosted by the Chamber on Sunday evening in Limassol ahead of the ‘Maritime Cyprus 2025’ Conference, he said that despite global challenges, it continues to thrive.

A press release by the Chamber says that the reception attracted a remarkable turnout of over 800 distinguished representatives. The event, it adds, brought together Ministers, Members of Parliament, Diplomats, State Officials, representatives of professional organisations, as well as senior executives from the Cyprus and Global Shipping Industry, highlighting the respect and prestige the Chamber enjoys both locally and abroad.

In his address, Neophytou, welcomed the attendees and emphasised the pivotal role of Cyprus Shipping in the national economy and global trade and said that ‘the Cyprus Shipping Industry remains a cornerstone of our economy, driving trade, supporting other sectors, and ensuring the continuous flow of essential goods globally”.

“Despite global challenges, it continues to thrive, with a strong merchant fleet and a reputation for excellence in shipowning, ship management and shipping related services. Cyprus has become a trusted international Shipping hub, as reflected in the more than 200 shipowning, shipmanagement, and shipping-related companies operating from Cyprus, managing and providing services to over 2,800 ships with approximately 80,000 seafarers onboard at any given time” he pointed out.

The prestige and international recognition enjoyed by the Maritime Cyprus Conference are tangible proof of this trust and success, he concluded.

The press release says that since the very first edition of the Maritime Cyprus Conference in 1989, the same year the Chamber was established, the Cyprus Shipping Chamber has consistently supported this important forum, contributing substantially to its success and international reputation.

“The highly successful Reception served as a prelude to a week of meaningful dialogue, collaboration and exchange of ideas in the framework of the ‘Maritime Cyprus’ Conference, which once again brings together leading global shipping executives and stakeholders, continuing to highlight Cyprus’ strategic importance on the global maritime map,” the press release concludes.

Department of Meteorology

Today’s weather and temperatures for Cyprus according to the Department of Meteorology

Date 06/10/2025

The strengthening of the primary sector is of paramount importance, not only because we owe it to our rural world and countryside, but also in order to address the consequences of climate change, President of the Republic, Nikos Christodoulides said on Saturday, noting that the issue of the Common Agricultural Policy and the funds to be allocated by the EU will be among the top priorities of the forthcoming Cyprus Presidency of the EU.

Speaking on Saturday evening at the 9th Rural Culture Festival of the Cyprus Agricultural Payments Organization in the fire-stricken community of Lofou, President Christodoulides, said that so far the government has provided around 80 million euros for the properties destroyed in the July 23rd fire, assuring that ‘the State is here and will respond.’

‘The strength, resilience, and determination of the residents of the community are a tangible and exemplary demonstration that in the countryside one encounters the dynamism that characterizes the Cypriot farmer and rural woman, who fight to keep our land alive,’ he added.

He also pointed out that the practical and substantial support of the agricultural community is not a matter of choice or political priority, but ‘a minimum obligation of the state, which must ensure a secure future without dependencies on external factors.’

‘We see what is happening with the war in Ukraine and the dependencies it creates. We see what is happening internationally with the issue of protectionism and the taxes that some governments choose to adopt, resulting in some countries becoming dependent on or deprived of basic products because they failed to give the necessary importance to the primary sector,’ the President said.

At the same time, he noted that it is regrettable that the primary sector currently represents only 1.7% of the country’s GDP, whereas it once had a double-digit percentage. He stressed that ‘strengthening the primary sector is of primary importance, not only because we owe it to our farmers and countryside, but also to tackle the consequences of climate change.’

FOR THE PERIOD FROM 0600 05/10/2025 UNTIL 0600 06/10/2025

Atmospheric pressure at the time of issue: 1016hPa (hectopascal)

Weak low pressure is affecting the area. The weather will be mainly fine with locally increased cloud coverage at times.

Visibility: Good

Sea surface temperature: 26°C

Warnings: NIL