{"id":2209132,"date":"2026-10-20T08:29:26","date_gmt":"2026-10-20T05:29:26","guid":{"rendered":"https:\/\/analyse.optim.biz\/?p=2209132"},"modified":"2026-10-20T08:29:26","modified_gmt":"2026-10-20T05:29:26","slug":"israeli-financial-news-outlet-reveals-e150-million-warship-deal-with-cyprus","status":"publish","type":"post","link":"https:\/\/analyse.optim.biz\/?p=2209132","title":{"rendered":"Israeli financial news outlet reveals \u20ac150 million warship deal with Cyprus"},"content":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/images.euronews.com\/articles\/stories\/09\/95\/96\/05\/1200x675_cmsv2_6eb89607-06fa-536e-bdd3-e310d3eefccf-9959605.jpg&#8221;]<\/p>\n<article id=\"abe-2935325-pos1-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1\" data-nid=\"2935325\" data-cid=\"9960731\" data-part-label=\"Partner content\">\n<figure id=\"abe-2935325-label-pos1-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/96\/06\/16\/189x106_cmsv2_1ce505b6-36cb-576d-9706-97210dfab26c-9960616.jpg\" loading=\"lazy\" alt=\"Flooding in Ghisonaccia, Haute-Corse department, France, Tuesday 20 October 2026.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Floods in southern France cause havoc, kill at least one\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2935349-pos2-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1\" data-nid=\"2935349\" data-cid=\"9960738\" data-part-label=\"Partner content\">\n<figure id=\"abe-2935349-label-pos2-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" 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src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/96\/01\/85\/189x106_cmsv2_34e21617-0332-555e-b672-5689953fd965-9960185.jpg\" loading=\"lazy\" alt=\"Photo\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    No Comment<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Spain: Guardia Civil rescues family and dogs from rising floodwaters in Oliva\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2935335-pos4-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1\" data-nid=\"2935335\" data-cid=\"9960712\" data-part-label=\"Partner content\">\n<figure id=\"abe-2935335-label-pos4-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/96\/07\/12\/189x106_cmsv2_cb9c38a3-679c-5498-a254-49e65fb5ef72-9960712.jpg\" loading=\"lazy\" alt=\"A British soldier walks by a Typhoon aircraft before take off for a mission in Iraq, at RAF Akrotiri, near the southern coastal city of Limassol, Cyprus, Sept. 22, 2016.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    UK fighter jets to fly &#8216;defensive&#8217; missions to help protect Saudi\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article class=\"helper-site-row o-article-newsy\">\n<div class=\"helper-site-container o-article-newsy__container\">\n<div class=\"o-article-newsy__main\">\n<header class=\"h-grid o-article-newsy__main__header\">\n<nav aria-label=\"Breadcrumbs\" class=\"c-article-breadcrumbs\">\n<div id=\"adb-article-breadcrumb\" class=\"c-article-breadcrumbs__list\">\n<p>                          News<\/p>\n<p>                          Europe<\/p><\/div>\n<\/nav>\n<h1 class=\"c-article-redesign-title\">\n                            Israeli financial news outlet reveals \u20ac150 million warship deal with Cyprus<\/h1>\n<div class=\"c-article-image-video u-position-relative \">\n<div class=\"js-superdiv u-aspect-ratio-16x9 u-position-relative \" data-controller=\"video-player\" data-sponsored=\"Partner content\"><img fetchpriority=\"high\" decoding=\"async\" class=\"js-poster-img c-article-media__img\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/95\/96\/05\/1536x864_cmsv2_6eb89607-06fa-536e-bdd3-e310d3eefccf-9959605.jpg\" width=\"1536\" height=\"864\" loading=\"eager\" alt=\"File photo\"><\/div>\n<div class=\"c-article-caption u-position-absolute\"><i id=\"article-caption-content\" class=\"c-article-caption__content\"><span class=\"c-article-caption__text\"><br \/>\n              File photo<br \/>\n                    <span class=\"u-color-white\">&#8211;\u00a0<\/span><span class=\"c-article-caption__copyright\">Copyright\u00a0<\/span><span class=\"c-article-caption__credit\">AP Photo\/Petros Karadjias<\/span><\/span><\/i><\/div>\n<div class=\"c-article-image-copyright c-article-image-copyright--novideo\">\n      Copyright\u00a0AP Photo\/Petros Karadjias\n  <\/div>\n<\/div>\n<\/header>\n<div class=\"h-grid o-article-newsy__main__body u-article-content\">\n<div class=\"o-article-newsy__contributors-publication-date\">\n<div class=\"c-article-contributors\">\n  By&amp;nbspIoannis Karagiorgas\n<\/div>\n<div class=\"c-article-publication-date\" data-timestamp=\"1792484966\">\n         Published on<br \/>\n            <time datetime=\"2026-10-20 10:29:26 +02:00\">20\/10\/2026 &#8211; 10:29 GMT+2<\/time><\/div>\n<\/div>\n<div class=\"c-article-share-comment u-align-items-center u-display-flex\"><span class=\"c-article-share-comment__links u-align-items-center u-display-flex u-justify-content-center js-c-article-share-comment-share\"><span class=\"c-article-share-comment__label\">Share<\/span><\/span><span class=\"c-article-share-comment__label\">Comments<\/span><span class=\"c-article-share-comment__label 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loading=\"lazy\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2 class=\"c-article-summary\">\n        According to the Israeli financial newspaper Calcalist, an agreement is expected to be signed in the coming weeks, once the terms are finalised between the defence ministries of Israel and Cyprus.<br \/>\n    <\/h2>\n<div class=\"c-article-content js-article-content\">\n<p>Negotiations are at an advanced stage on a deal worth around \u20ac150 million between Israeli defence companies Israel Shipyards and Rafael and the Republic of Cyprus, for the supply of naval vessels equipped with advanced weapons systems, according to a report in the Israeli financial newspaper Calcalist. <\/p>\n<div>\n<div class=\"c-ad u-show-for-mobile-only\">\n<div class=\"c-ad__placeholder\"><img decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt loading=\"lazy\"><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<div class=\"c-ad u-show-for-desktop\">\n<div class=\"c-ad__placeholder\"><img decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt loading=\"lazy\"><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<p>The agreement is expected to be signed in the coming weeks, once the terms have been finalised between the defence ministries of Israel and Cyprus.<\/p>\n<p>The agreement currently taking shape is expected to give a substantial boost to defence cooperation between Israel and Cyprus, while at the same time expanding the capabilities of the Cypriot National Guard at sea. <\/p>\n<p>It also highlights the two countries&#8217; determination to deepen their strategic relationship at a time when security and stability in the Eastern Mediterranean are gaining increased importance.<\/p>\n<h2>Cooperation with strategic depth<\/h2>\n<p>Under the planned programme, Israel Shipyards will be responsible for supplying the naval vessels, which will be fitted with weapons systems made by Rafael. <\/p>\n<p>The agreement is being promoted through a Government-to-Government (G2G) cooperation framework, giving the initiative a broader institutional and strategic dimension.<\/p>\n<p>Cooperation between the two Israeli companies and Cyprus does not start from scratch. Less than a decade ago, Israel Shipyards supplied the Republic of Cyprus with a patrol vessel to protect its Exclusive Economic Zone (EEZ). <\/p>\n<p>The vessel is equipped with radar, command-and-control systems and two Typhoon naval weapon stations.<\/p>\n<p>At the same time, Israel Shipyards and Rafael have worked together on other defence programmes, including agreements involving Azerbaijan and the Philippines. The possible new deal with Cyprus would therefore build on the existing know-how and cooperation within Israel&#8217;s defence industry.<\/p>\n<h2>Cyprus at the heart of Israel&#8217;s defence cooperation<\/h2>\n<p>The naval agreement under negotiation is part of a broader framework for strengthening defence and diplomatic ties between Israel and Cyprus. The presence of Israeli systems within Cyprus&#8217;s defence architecture is also indicative of this trend.<\/p>\n<p>According to the report, Israel Aerospace Industries (IAI) has supplied Cyprus with the Barak MX air and missile defence system. The system was shown publicly at a military parade in Nicosia in early October, during events marking the 66th anniversary of the independence of the Republic of Cyprus. <\/p>\n<p>Although Israel has not officially confirmed the agreement, the public display of the system highlighted the breadth of the technological and defence links between the two countries.<\/p>\n<p>Strengthening these ties takes on particular significance against the backdrop of regional rivalries and tensions with Turkey, as well as the wider repercussions of the protracted conflict in the Middle East.<\/p>\n<h2>The Israel-Cyprus-Greece axis<\/h2>\n<p>The defence rapprochement between Israel and Cyprus is linked to Israel&#8217;s wider strategic cooperation with Greece, creating a network of relations that carries particular weight for security in the Eastern Mediterranean.<\/p>\n<p>In August, Israel and Greece signed a 3 billion euro agreement for the &#8220;Achilles Shield&#8221; programme, aimed at creating a multi-layered Greek air defence network using systems from Rafael and Israel Aerospace Industries.<\/p>\n<p>These parallel initiatives reflect the growing importance of defence cooperation between the three countries, both in terms of armaments programmes and in terms of strategic coordination. <\/p>\n<p>For Cyprus in particular, the deepening of relations with Israel opens up prospects for upgrading its operational capabilities and strengthening cooperation in areas of advanced defence technology.<\/p>\n<h2>Prospects for further cooperation<\/h2>\n<p>Beyond the supply of naval vessels and weapons systems, Israeli defence sources quoted by Calcalist believe the agreement could open the way to further commercial partnerships, including in the field of defence industrial production.<\/p>\n<p>Such a development could give the Israel-Cyprus partnership a long-term character, going beyond a one-off arms procurement and creating additional opportunities for the transfer of know-how and the development of joint activities.<\/p>\n<p>Rafael and Israel Shipyards have not commented on the report or on the agreement that is currently being drawn up.<\/p>\n<\/div>\n<footer class=\"perf-cv-auto c-article-contributors c-article-contributors-supplementary u-margin-top-2 u-padding-top-2\">\n<p>Additional sources<strong> \u2022 www.calcalistech.com<\/strong><\/p>\n<\/footer>\n<p>                                  Go to accessibility shortcuts<\/p>\n<div class=\"c-article-share-comment u-align-items-center u-display-flex\"><span class=\"c-article-share-comment__links u-align-items-center u-display-flex u-justify-content-center js-c-article-share-comment-share\"><span class=\"c-article-share-comment__label\">Share<\/span><\/span><span class=\"c-article-share-comment__label\">Comments<\/span><span class=\"c-article-share-comment__label c-article-share-comment__label--always\">Add Euronews on Google<\/span><\/div>\n<div id=\"adb-article-you-might-also-like\" class=\"perf-cv-auto c-article-you-might-also-like\">\n<h2 class=\"c-article-you-might-also-like__title\">\n        Read more<br \/>\n      <\/h2>\n<div class=\"c-article-you-might-also-like__item\">\n<h3>\n<p>                  EU\u2013Turkey summit in October aims to restart Cyprus talks<\/p>\n<\/h3>\n<\/div>\n<div class=\"c-article-you-might-also-like__item\">\n<h3>\n<p>                  Occupied territory or colonial remnant? 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class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 the-media-object--has-video the-media-object--no-label\" data-nid=\"2935268\" data-cid=\"9960339\" data-part-label=\"Partner content\">\n<figure id=\"abe-2935268-label-pos4-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/96\/03\/39\/320x180_cmsv2_a685cd1d-9610-5369-bedc-fd30112084e1-9960339.jpg\" loading=\"lazy\" alt=\"Qatar&apos;s Defence Minister Sheikh Saoud bin Abdulrahman Al Thani welcomes French President Emmanuel Macron in Doha, 20 October 2026.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    France&#8217;s Macron begins state visit to Qatar as part of wider Gulf tour<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2935318-pos5-top-stories\" class=\"the-media-object 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data-part-label=\"Partner content\">\n<figure id=\"abe-2935290-label-pos6-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/96\/04\/85\/320x180_cmsv2_6d477888-7f8f-5165-be94-103f715c297c-9960485.jpg\" loading=\"lazy\" alt=\"The regulation was adopted with 652 votes in favour\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    EU Parliament approves new passenger rights<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<div class=\"perf-cv-auto c-ad-wrapper o-article-newsy__aside__content-2\" data-ad-name=\"adzone-halfpage\">\n<div class=\"c-ad c-ad-halfpage u-show-for-desktop\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<div class=\"c-ad u-show-for-mobile-only\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<div class=\"perf-cv-auto c-most-viewed\">\n<h2 class=\"c-most-viewed__title qa-section-title\">Most read<\/h2>\n<div class=\"c-most-viewed__list\">\n<div class=\"c-most-viewed__item\"><span class=\"c-most-viewed__item__number\">1<\/span><\/p>\n<article id=\"abe-2935053-pos1-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 the-media-object--has-video the-media-object--no-label\" data-nid=\"2935053\" data-cid=\"9959167\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Video: Priest dies after cross falls on him during Mass in Ecuador<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-most-viewed__item\"><span class=\"c-most-viewed__item__number\">2<\/span><\/p>\n<article id=\"abe-2935132-pos2-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 the-media-object--has-video the-media-object--no-label\" data-nid=\"2935132\" data-cid=\"9959579\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Ryanair CEO calls Ursula von der Leyen &#8216;useless&#8217;<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-most-viewed__item\"><span class=\"c-most-viewed__item__number\">3<\/span><\/p>\n<article id=\"abe-2935121-pos3-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 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id=\"abe-2935109-pos5-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 the-media-object--has-video the-media-object--no-label\" data-nid=\"2935109\" data-cid=\"9959740\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    At least five killed as Storm Adam batters eastern Spain<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"perf-cv-auto c-ad-wrapper o-article-newsy__aside__content-3\" data-ad-name=\"adzone-halfpage\">\n<div class=\"c-ad c-ad-halfpage u-show-for-desktop\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<div class=\"c-ad u-show-for-mobile-only\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<\/aside>\n<\/div>\n<\/article>\n<article id=\"abe-2935349-pos2-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 the-media-object--no-label\" data-nid=\"2935349\" data-cid=\"9960738\" data-part-label=\"Partner content\">\n<figure id=\"abe-2935349-label-pos2-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/96\/07\/38\/320x180_cmsv2_07592fd2-4450-5c81-bced-58ef5dc684f2-9960738.jpg\" loading=\"lazy\" alt=\"President Donald Trump speaks in the Oval Office of the White House, Tuesday, Oct. 20, 2026, in Washington.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    &#8216;Time to make a deal,&#8217; Trump tells Zelenskyy<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2935280-pos3-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 the-media-object--no-label\" data-nid=\"2935280\" data-cid=\"9960472\" data-part-label=\"Partner content\">\n<figure id=\"abe-2935280-label-pos3-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/96\/04\/72\/320x180_cmsv2_b3e97121-cd70-5cd7-9ba1-cf9583047c6c-9960472.jpg\" loading=\"lazy\" alt=\"Interior Minister Laurent Nunez (left) and Prime Minister S\u00e9bastien Lecornu (right), Monday 19 October 2026.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    France vows major security operation involving military this weekend<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2935268-pos4-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 the-media-object--has-video the-media-object--no-label\" data-nid=\"2935268\" data-cid=\"9960339\" data-part-label=\"Partner content\">\n<figure id=\"abe-2935268-label-pos4-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/96\/03\/39\/320x180_cmsv2_a685cd1d-9610-5369-bedc-fd30112084e1-9960339.jpg\" loading=\"lazy\" alt=\"Qatar&apos;s Defence Minister Sheikh Saoud bin Abdulrahman Al Thani welcomes French President Emmanuel Macron in Doha, 20 October 2026.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    France&#8217;s Macron begins state visit to Qatar as part of wider Gulf tour<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2935318-pos5-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 the-media-object--no-label\" data-nid=\"2935318\" data-cid=\"9960699\" data-part-label=\"Partner content\">\n<figure id=\"abe-2935318-label-pos5-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/96\/05\/73\/320x180_cmsv2_20306938-1103-59a8-8b02-1b7f40ac116f-9960573.jpg\" loading=\"lazy\" alt=\"Chancellor Friedrich Merz and Nvidia boss Jensen Huang at the Invest in Germany summit in Berlin\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Investment summit: German government strikes AI deal with Nvidia<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2935290-pos6-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 the-media-object--no-label\" data-nid=\"2935290\" data-cid=\"9960485\" data-part-label=\"Partner content\">\n<figure id=\"abe-2935290-label-pos6-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/96\/04\/85\/320x180_cmsv2_6d477888-7f8f-5165-be94-103f715c297c-9960485.jpg\" loading=\"lazy\" alt=\"The regulation was adopted with 652 votes in favour\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    EU Parliament approves new passenger rights<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2935053-pos1-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 the-media-object--has-video the-media-object--no-label\" data-nid=\"2935053\" data-cid=\"9959167\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Video: Priest dies after cross falls on him during Mass in Ecuador<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2935132-pos2-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 the-media-object--has-video the-media-object--no-label\" data-nid=\"2935132\" data-cid=\"9959579\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Ryanair CEO calls Ursula von der Leyen &#8216;useless&#8217;<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2935121-pos3-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 the-media-object--has-video the-media-object--no-label\" data-nid=\"2935121\" data-cid=\"9959520\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    \u2018Albertans chose Canada\u2019: Carney hails vote against separation<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2935162-pos4-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 the-media-object--has-video the-media-object--no-label\" data-nid=\"2935162\" data-cid=\"9959880\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Digital bank Revolut suffers worldwide outage: what you need to know<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2935109-pos5-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 the-media-object--has-video the-media-object--no-label\" data-nid=\"2935109\" data-cid=\"9959740\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    At least five killed as Storm Adam batters eastern Spain<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<div class=\"articleBody\" data-key=\"articleBody\">Negotiations are at an advanced stage on a deal worth around \u20ac150 million between Israeli defence companies Israel Shipyards and Rafael and the Republic of Cyprus, for the supply of naval vessels equipped with advanced weapons systems, according to a report in the Israeli financial newspaper Calcalist.The agreement is expected to be signed in the coming weeks, once the terms have been finalised between the defence ministries of Israel and Cyprus.The agreement currently taking shape is expected to give a substantial boost to defence cooperation between Israel and Cyprus, while at the same time expanding the capabilities of the Cypriot National Guard at sea.It also highlights the two countries&#8217; determination to deepen their strategic relationship at a time when security and stability in the Eastern Mediterranean are gaining increased importance.Cooperation with strategic depthUnder the planned programme, Israel Shipyards will be responsible for supplying the naval vessels, which will be fitted with weapons systems made by Rafael.The agreement is being promoted through a Government-to-Government (G2G) cooperation framework, giving the initiative a broader institutional and strategic dimension.Cooperation between the two Israeli companies and Cyprus does not start from scratch. Less than a decade ago, Israel Shipyards supplied the Republic of Cyprus with a patrol vessel to protect its Exclusive Economic Zone (EEZ).The vessel is equipped with radar, command-and-control systems and two Typhoon naval weapon stations.At the same time, Israel Shipyards and Rafael have worked together on other defence programmes, including agreements involving Azerbaijan and the Philippines. The possible new deal with Cyprus would therefore build on the existing know-how and cooperation within Israel&#8217;s defence industry.Cyprus at the heart of Israel&#8217;s defence cooperationThe naval agreement under negotiation is part of a broader framework for strengthening defence and diplomatic ties between Israel and Cyprus. The presence of Israeli systems within Cyprus&#8217;s defence architecture is also indicative of this trend.According to the report, Israel Aerospace Industries (IAI) has supplied Cyprus with the Barak MX air and missile defence system. The system was shown publicly at a military parade in Nicosia in early October, during events marking the 66th anniversary of the independence of the Republic of Cyprus.Although Israel has not officially confirmed the agreement, the public display of the system highlighted the breadth of the technological and defence links between the two countries.Strengthening these ties takes on particular significance against the backdrop of regional rivalries and tensions with Turkey, as well as the wider repercussions of the protracted conflict in the Middle East.The Israel-Cyprus-Greece axisThe defence rapprochement between Israel and Cyprus is linked to Israel&#8217;s wider strategic cooperation with Greece, creating a network of relations that carries particular weight for security in the Eastern Mediterranean.In August, Israel and Greece signed a 3 billion euro agreement for the &#8220;Achilles Shield&#8221; programme, aimed at creating a multi-layered Greek air defence network using systems from Rafael and Israel Aerospace Industries.These parallel initiatives reflect the growing importance of defence cooperation between the three countries, both in terms of armaments programmes and in terms of strategic coordination.For Cyprus in particular, the deepening of relations with Israel opens up prospects for upgrading its operational capabilities and strengthening cooperation in areas of advanced defence technology.Prospects for further cooperationBeyond the supply of naval vessels and weapons systems, Israeli defence sources quoted by Calcalist believe the agreement could open the way to further commercial partnerships, including in the field of defence industrial production.Such a development could give the Israel-Cyprus partnership a long-term character, going beyond a one-off arms procurement and creating additional opportunities for the transfer of know-how and the development of joint activities.Rafael and Israel Shipyards have not commented on the report or on the agreement that is currently being drawn up.<\/div>\n<p>[analyse_source url=&#8221;https:\/\/www.euronews.com\/2026\/10\/20\/israeli-financial-news-outlet-reveals-150-million-warship-deal-with-cyprus&#8221;]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/images.euronews.com\/articles\/stories\/09\/95\/96\/05\/1200x675_cmsv2_6eb89607-06fa-536e-bdd3-e310d3eefccf-9959605.jpg&#8221;] Europe News Floods in southern France cause havoc, kill at least one USA &#8216;Time to make a deal,&#8217; Trump tells Zelenskyy No Comment Spain: Guardia Civil rescues family and dogs from rising floodwaters in Oliva Europe News UK fighter jets to fly &#8216;defensive&#8217; missions to help protect Saudi News Europe Israeli financial [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[90],"tags":[226,36],"class_list":["post-2209132","post","type-post","status-publish","format-standard","hentry","category-international","tag-crawlmanager","tag-euronews-com"],"_links":{"self":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2209132","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2209132"}],"version-history":[{"count":0,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2209132\/revisions"}],"wp:attachment":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2209132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2209132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2209132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}