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October 17, 2026

Cyprus: Four businessmen and a €115m iPhone scam — FrontPages.eu, October 17, 2026

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Saturday, October 17, 2026

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A reported decision to triple transit fees for the Aphrodite gas field has created a rift between the government and its commercial partners. The dispute arrives at an awkward moment for a project already facing a long wait for a final investment decision, which is not expected until 2027. The European Public Prosecutor’s Office has uncovered four local businessmen as the alleged masterminds of a €115 million fraud scheme involving iPhones operating from offices on the island. Back on the road, an 18-year-old motorcyclist is in serious condition after a collision with a bus that sent him into a house wall. Diplomacy remains focused on the sea as the European Council offered its formal backing to the Amalthea corridor, the maritime route intended to move aid to Gaza. While Brussels has given its approval, the project still requires Israel to grant unimpeded access.

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A reported threefold increase in transit fees for the 'Aphrodite' pipeline has led to a dispute between Cyprus and its partners. This development raises concerns regarding the project's profitability and the ability to reach a final investment decision by 2027.

Politis: Clouds Over 'Aphrodite': Rift Between Cyprus and Its Partners

A reported threefold increase in transit fees through the pipeline has caused a rift between Cyprus and its partners, raising questions about the project's revenue and the path to an investment decision in 2027, according to a specialized energy outlet.

Four Cypriot individuals are allegedly the orchestrators of a massive €115 million fraud scheme involving iPhones, operating from offices within Cyprus, according to court documents and reports by the European Public Prosecutor's Office.

Politis: 'Cyprus Boys': Four Cypriots Allegedly Masterminds of €115 Million iPhone Scam

Four Cypriots are allegedly the masterminds behind a €115 million iPhone scam, operating from offices in Cyprus, according to court documents.

Sigmalive: Four Cypriots masterminds behind €115 million iPhone scam

Four Cypriot individuals have been identified as the masterminds behind a €115 million fraud scheme involving iPhones.

Philenews: Four Cypriot businessmen masterminds of €115 million iPhone fraud

Four Cypriot businessmen are identified as the masterminds behind a €115 million fraud scheme involving iPhones, which was uncovered by the European Public Prosecutor's Office.

An 18-year-old motorcyclist has been hospitalized in serious condition following a collision with a bus and subsequently hitting a house wall in the Ammóchostos district.

Philenews: Serious Condition: 18-year-old motorcyclist crashes into bus, hits wall

An 18-year-old motorcyclist is in serious condition after colliding with a bus and then hitting a house wall.

Sigmalive: 18-year-old motorcyclist seriously injured in collision with bus

An 18-year-old motorcyclist has been hospitalized with serious injuries following a collision with a bus in the Ammóchostos district.

A student with disabilities has brought attention to problems within university dormitories through a letter, prompting a response from the University of Cyprus regarding the issues raised.

Sigmalive: Student with disabilities highlights dorm problem; university responds

A student with disabilities has written a letter detailing problems with university dormitories, and the University of Cyprus has responded to the issues raised.

María Ángela Holguín, the UN Secretary-General's Personal Envoy on Cyprus, has conveyed a message through Politis urging leaders to begin cooperating, emphasizing that without it, negotiations will remain an elusive goal.

Politis: 'Start Cooperating, Otherwise Talks Will Remain an Elusive Goal': Olgin's…

An article-message from Olgin to leaders via Politis urges them to begin cooperating, stating that otherwise, negotiations will remain an elusive goal.

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