XM, IC Markets, Tickmill: CFD Brokers Step Up Support Amid Cyprus Wildfires

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 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.

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 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.

This post is originally published on FINANCEMAGNATES.

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