Cyprus Mail17 Jul 2026

Warning of traffic chaos after cabinet approves new Limassol Mall

The cabinet has approved the development of a Limassol Mall, ending a lengthy process involving competing applications for two shopping centres planned just 300 metres apart and paving the way for a major new retail development in the city.

According to InBusinessNews, the cabinet approved the Limassol Mall proposal while rejecting a rival application for The Mall of Limassol, bringing to a close a battle between the two developments....

This is a summary. Read the full article at Cyprus Mail.

Read full article

More from Cyprus

All news

Cyprus Mail

Global recorded music sales forecast to reach $56.8bn by 2030

Global recorded-music retail sales are expected to reach $48.3 billion in 2026, marking the 12th consecutive year of annual growth for the industry, according to new forecasts from research firm Omdia. The latest projections show the global recorded-music market continuing its...

today

Cyprus Mail

Euro area banks tighten lending standards further

Euro area banks tightened lending standards again in the second quarter of 2026, while business borrowing picked up slightly and household demand for loans weakened, according to the European Central Bank’s (ECB) latest bank lending survey. The ECB said credit standards, which...

today

Cyprus Mail

EU sets October 2027 deadline for single-day trade settlement shift

The European Securities and Markets Authority (ESMA) has urged financial market participants to accelerate preparations for the European Union’s transition to a T+1 settlement cycle, warning that 2026 will be a decisive year ahead of the change scheduled for October 2027. The ...

today

Cyprus Mail

Global AI rules shift from strategy to enforcement

Effective enforcement mechanisms will be crucial to the credibility and success of artificial intelligence regulation, according to a new Omdia analysis examining AI policies and regulatory frameworks across major global markets. The findings were published in Omdia’s report, ...

today