Cyprus is dealing with ongoing wildfire flare-ups in the Limassol district following a large blaze that began near the village of Malia on Wednesday afternoon and spread rapidly, challenging early containment efforts.

Several CFD brokers have stepped in to support communities affected by the recent wildfires in Cyprus, providing financial aid and essential supplies to those in need.

XM Allocates €5 Million in Aid

XM has committed €5 million to aid areas and residents impacted by the disaster. The funds will support both immediate frontline needs and long-term recovery, guided by documented assessments in coordination with local authorities to ensure effective and transparent use of resources, the company said on Thursday.

IC Markets EU and Partners Launch Relief Measures

IC Markets EU, in partnership with AEL Limassol, has launched a campaign to collect essential goods for affected families. The broker has also teamed up with Cowin to set up a digital fundraising platform, enabling individuals and organizations across Cyprus to contribute financially.

Tickmill

Tickmill Opens Supply Collection Point

Tickmill has opened a donation drop-off point at its office in Mesa Geitonia, Limassol. The company is collecting food, bottled water, hygiene products, baby supplies, clothing, towels, and first aid items to support those in need.

You may find it interesting at FinanceMagnates.com: California Wildfire Crisis: Fintech Companies Offer Support.

Fatalities, Evacuations, and Ongoing Risk

Two bodies were discovered in a burned vehicle associated with a missing woman; DNA testing is underway. Evacuations took place in Koilani, Omodos, and Troodos campsites, while Mandria remains on alert.

Seven individuals are hospitalized, including burn victims. First aid centers have been established in Erimi and Pachna. The fire has so far affected more than 120 square kilometers, destroying 32 homes and damaging 21 others.

Source: Finance Magnates