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31. Shift in global funding led by private capital

Private equity firms now manage commitments of nearly US$3.4t globally, up from less than US$500b in 2000, and in a significant shift new capital from private markets has surpassed for capital raised in public markets for the first time ever...

32. Cyprus taps into Europe’s mountain know-how

Cyprus is hosting a European conference on mountain areas of large Mediterranean islands, hoping to gain valuable information and know-how from countries with a long tradition in managing mountain area policies...

33. Insurers need profound transformation and the right talent

As insurance industry growth remains stagnant for another year due to low interest rates, the shifts in consumer demographics around the world coupled with heightened expectations for digital experiences present insurers with risks and opportunities...

34. EU tells UK it will 'never, never, never' compromise on single market

The European Union will “never, never, never” compromise on the integrity of its single market, its chief Brexit negotiator warned Britain on Monday, saying London must now face reality after underestimating the costs of leaving....

35. Judge approves Alexoui remand

Nicosia businessman Alexis “Alexoui” Mavromichalis was remanded in custody on Tuesday in connection with an attempted murder in 2017, following a long and tough court hearing...

36. Cyprus ratifies Multilateral Instrument

On 22 January 2020, the Instrument of Ratification of the Multilateral Convention to Implement Tax Treaty Related Mattersto Prevent Base Erosion and Profit Shifting(“the Multilateral Convention”) were published in the Official Gazette of the Republic in Greek and English, (“Multilateral Instrument”)...

37. Soaring reviews and high praise for the all new Nissan Juke

With its bold, sporty character and rebellious design, the next generation Nissan Juke Coupe Crossover earned high praise at its official unveiling event, where members of the Media had the exclusive opportunity to experience the latest addition to the Nissan model range ...

38. How Russian uncapitalism works

Like a private equity firm enacting an acquisition-led ‘roll-up’ in a fragmented sector, Putin and Co in Russian have been busy in recent years quietly taking scores of small banks into state ownership...

39. Digital transformation of health services is indispensable

40. GCC achieves high Customer Satisfaction

41. DP World Limassol agrees to revise policy

Transport Minister Yiannis Karousos has been promised a change of policy at DP World Limassol, with the company saying it would service more than two cruise ships in a given day following complaints...

42. Cyprus hopes to join US visa waiver

Cypriot officials say they are setting up a task force aimed at including the country in the US visa waiver programme the soonest possible...

43. Businesses must address digital fatigue and consumer privacy

44. Heavy rains slam all of Cyprus

Local authorities all over the island were busy Wednesday dealing with the aftermath of heavy rains, while road closures were caused by heavy runoff both north and south...

45. PwC Cyprus tax guide 2020 now available

The practical guide provides general information about Cyprus’ tax system as it is based on current Cyprus legislation and practice and includes the most recent changes in our direct and indirect tax laws...

46. Low denies central role in 1MDB scandal

Malaysian fugitive financier Jho Low, whose Cypriot passport came under scrutiny last year, says he was not the mastermind of the 1MDB scandal while confirming rumours he was offered asylum in an unnamed country...

47. Family businesses should trust next generation leaders

48. Baker Tilly Cyprus Release New 2020 Tax Guide

49. Cypriot police zero in on ‘ecstasy warehouse’

Cypriot police were said to be zeroing in on a possible location in Limassol, where 645 kilos of ecstasy are believed to have been stashed inside barbeque grills that were exported and later seized by authorities in Australia...

50. Three locals arrested in spy van case

Cypriot police have arrested three individuals in connection with an investigation into the controversial “spy van” owned by an Israeli company registered on the island...

51. Local teen dies in moped crash

A male teenager was killed in a road accident on Wednesday when his moped collided head on with an oncoming vehicle in Limassol...

52. USA sanctions Cypriot firms for arms deals

Three Cypriot companies linked to a Serbian arms dealer are among foreign entities in the latest sanctions imposed by the US Department of the Treasury...

53. CITR Cyprus calls for modern insolvency rules

54. Uncertainty reigns across international tax landscape

55. K. Treppides & Co Ltd: Family offices and Succession Planning for the Next Generation

The expansion of the family office sector has increased exponentially since the millennium. For most family offices, the greatest challenge to overcome is the successful transfer of the family structure to the next generation....

56. Spy van owner fires back at police

The CEO of WiSpear, the high-tech company caught in a media storm for owning the confiscated “spy van” in Cyprus, says local police have not done much to dispel false rumours...

57. Attorney general weighs in on spy van

The attorney general of the Republic of Cyprus has appointed a special investigator in the “spy van” case, while the Israeli company that sells controversial surveillance vehicles is calling on authorities to investigate what it calls a “false accusations” campaign...

58. Central warns banks ‘not to overdo it’

The Governor of the Central Bank of Cyprus has called on smaller local banks not to get carried away with loaning money, urging them to follow the example of bigger banks and focus on reducing toxic debt...

59. Jho Low movie gaining popularity

A film about Malaysian financier and Cypriot passport holder Jho Low has been steadily gaining popularity, despite legal challenges over copyright infringement and potential defamation lawsuits...

60. WiSpear says it never spied on Cypriots

The company linked to an Israeli spy van in Cyprus has weighed in on media speculation following reports that it was spying illegally all over the island...