https://knews.kathimerini.com.cy/en/news/cyprus-rcb-bank-and-its-kremlin-ties
On March 24, Cyprus’s fourth-largest bank announced it would wind down its banking operations in the wake of the “volatile geopolitical situation” caused by Russia’s invasion of Ukraine a month earlier....
https://knews.kathimerini.com.cy/en/news/kyriakides-one-step-closer-to-a-european-health-union
The foundations and backbone of the European Health Union are being laid today, Kyriakides tells CNA...
https://knews.kathimerini.com.cy/en/news/ukraine-war-us-involvement-is-payback-for-2016-us-elections
Fox News host Tucker Carlson suggested this week that the US government's involvement in Ukraine is aimed at deposing Russian leader Vladimir Putin and is meant as "payback for the 2016 election."...
https://knews.kathimerini.com.cy/en/news/greece-sets-price-ceiling-on-electricity
The government is to introduce a price ceiling on the wholesale electricity market as the request for coordinated measures at the European level, which was reformulated on Monday at the Extraordinary Council of Energy Ministers by Energy Minister Kostas Skrekas, did not appear to gain traction....
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-pillar-two-on-a-global-minimum-taxation
On 22 December 2021, the European Commission proposed a Directive on the introduction of a minimum effective corporate tax rate of 15% on large multinational enterprise (MNE) groups operating in the European Union (EU)....
https://knews.kathimerini.com.cy/en/news/cyprus-struggles-to-find-anti-corruption-auditors
Efforts to assign members to a transparency commission are said to be stalling in the Republic of Cyprus, with politicians from the opposition crying foul over connections between some candidates and the country’s disgraced golden passports program...
https://knews.kathimerini.com.cy/en/business/cyprus-is-the-1st-country-in-the-eu-with-100-5g-coverage
Cyta has announced the completion of the pan-Cypriot 5G mobile network that offers state-of-the-art telecommunications services throughout the country, even in its most remote areas. This makes Cyprus the 1st country in the EU with 100% population coverage....
https://knews.kathimerini.com.cy/en/news/cyprus-and-eu-economies-facing-a-twin-problem-following-the-war-in-ukraine
The EU and Cyprus economies are facing a “twin problem” of rising commodity and energy prices and heightened uncertainty following the invasion of Russia in Ukraine, according to discussions held by the Nicosia Chamber of Commerce and Industry and the European Investment Bank (EIB)....
https://knews.kathimerini.com.cy/en/news/at-least-five-russian-businessmen-have-died-by-apparent-suicide-in-just-three-months
At least five prominent Russian businessmen have reportedly died by suicide since late January, with three of them allegedly killing members of their families before taking their own lives....
https://knews.kathimerini.com.cy/en/news/‘i-will-visit-athens-when-we-win-the-war-ukraine-s-president-tells-kathimerini
Volodymyr Zelenskyy looked worn, he was probably sleepless, but he spoke passionately in his signature husky, nasal voice, stopping often to take a sip of coffee from the cup next to him....
https://knews.kathimerini.com.cy/en/news/turkey-expands-usage-of-mir-to-circumvent-payment-problems-for-russian-tourists
Turkey is trying to attract more Russian tourists by expanding the usage of the Russian Mir payment system in Turkey as it seeks to bypass the payment bottleneck created by Western sanctions....
https://knews.kathimerini.com.cy/en/business/facebook-google-stripe-shopify-investing-a-billion-dollars-in-pre-orders-for-captured-carbon
Four gargantuan tech companies have put together a $1.2 billion fund to pull carbon out of the atmosphere with a unique model that could go a long way to preventing 1.5°C of warming....
https://knews.kathimerini.com.cy/en/business/ey-survey-growing-sustainability-risks-put-pressure-on-law-departments
Law departments around the world are facing a rising tide of risks relating to sustainability, but they do not feel that business leadership fully understands the implications, and they require additional resources to manage them effectively, according to a new study from EY Law and the Harvard Law School Center on the Legal Profession....
https://knews.kathimerini.com.cy/en/news/boris-becker-faces-jail-term-for-failing-to-declare-his-millions
Three-time Wimbledon champion Boris Becker could be sent to jail today as he faces a sentence for flouting the terms of his 2017 bankruptcy....
https://knews.kathimerini.com.cy/en/business/consulco-s-london-credit-fund-q1-2022-results
Consulco achieved a remarkable first quarter of 2022, during which our London Credit Fund achieved a dividend of £ 13.07 per unit of its Class A shares, $ 11.14 per unit for its Class C shares and € 9.00 per unit for its Class E shares. ...
https://knews.kathimerini.com.cy/en/news/more-‘golden-passports-revoked
The Council of Ministers decided last week to revoke the citizenship of four more Russians, including their family members, who obtained ‘Golden Passports’ under the island’s disgraced Citizenship by Investment scheme that was brought to an abrupt end in November 2020....
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-letting-your-property-in-cyprus-through-online-platforms-e-g-airbnb
The economy of Cyprus is largely dependent on tourism, and this is evident from the fact that government revenues from tourism accounted for over 12% of Cyprus GDP in year 2019 (in accordance with publicly available statistics extracted pre Covid-19 pandemic). ...
https://knews.kathimerini.com.cy/en/news/sba-land-run-rules-in-foreign-investors
More opportunities and fewer restrictions for land development on SBA land went into effect on Monday in Cyprus, where foreign nationals will be allowed to invest along with locals who now have to review details and move quickly with any possible objections...
https://knews.kathimerini.com.cy/en/business/kpmg-in-cyprus-supports-the-pancyprian-volunteerism-coordinative-council-s-campaign-adopt-a-family-for-easter
For yet another year, KPMG in Cyprus has embraced the 8th campaign ''Adopt a family for Easter''....
https://knews.kathimerini.com.cy/en/business/ey-report-a-resilient-grid-supported-by-digital-solutions-will-underpin-a-successful-transition-to-emobility
Adoption of eMobility is not just an economic or environmental phenomenon, but a psychological one that hinges on widespread customer acceptance. The current pace of EV adoption is swift, with one- in- five vehicles sold in Europe during 2021 being electric. ...
https://knews.kathimerini.com.cy/en/business/the-msci-2021-results-are-in-consulco-outperforms-the-market
The MSCI results are now available, and Consulco’s London commercial real estate portfolio has outperformed the Greater London Retail property market in all time frames over 3, 5 & 10 years, achieving a 7.5% total return per annum since inception....
https://knews.kathimerini.com.cy/en/business/ebo-and-kpmg-cyprus-announce-strategic-partnership
EBO, a leader in customer engagement automation that empowers enterprises through AI technology enters into a strategic partnership with KPMG Cyprus, a leader in Management Consulting & Technology Advisory services offering assistance to organizations by identifying and solving the challenges that stand in the way of their growth and excellence....
https://knews.kathimerini.com.cy/en/news/russia-to-offer-consular-services-in-the-north
Russians living in the northern part of divided Cyprus will soon be able to receive consular services, with Greek Cypriot media reporting that the development had been kept quiet for about a year...
https://knews.kathimerini.com.cy/en/business/unic-pharmacy-student-selected-for-prestigious-lindau-nobel-laureate-meeting
Mr. Angelos Odyseakis, a University of Nicosia fourth-year Pharmacy student, has been selected to participate in the upcoming 71st Lindau Nobel Laureate Meeting dedicated to Chemistry, joining a select cohort of 600 young scientists from around the world that will engage with more than 30 Nobel Laureates....
https://knews.kathimerini.com.cy/en/business/cryptocurrency-having-your-regulated-firm-able-to-trade-in-cryptocurrency
Decentralized digital currency era began in 2008 by an unknown person named Satoshi Nakamoto which invented Bitcoin, the very first cryptocurrency. ...
https://knews.kathimerini.com.cy/en/news/vindicated-alexoui-goes-after-‘malicious-prosecutors
Nicosia businessman Alexis ‘Alexoui’ Mavromichalis has filed a complaint with police internal affairs five months after he was vindicated of attempted murder, accusing prosecutors of malicious prosecution and concealing exculpatory evidence...
https://knews.kathimerini.com.cy/en/news/more-than-100-private-jets-owned-by-russian-oligarchs-are-stuck-in-dubai
Private jets belonging to Russian oligarchs that flew to Dubai to seek refuge from sanctions, following Russia's invasion of Ukraine are effectively stuck there, The Wall Street Journal reported....
https://knews.kathimerini.com.cy/en/business/nipd-genetics-announces-new-foresentia-panel-to-include-tumor-mutational-burden-biomarker
NIPD Genetics announces the launch of a new ForeSENTIA tumor profile panel, Pan-Cancer Plus, which includes the analysis of the genomic biomarker Tumor Mutational Burden (TMB). ...
https://knews.kathimerini.com.cy/en/news/zelenskyy-fed-up-with-un-and-nato-s-diplomatic-approach-to-russia-s-invasion
Zelenskyy said he was fed up with the UN and NATO's diplomatic approach to Russia's invasion: 'I don't have any more lives to give'...
https://knews.kathimerini.com.cy/en/news/eib-ready-to-offer-funding-to-mitigate-effects-of-ukrainian-war-on-cyprus
New investment opportunities in Cyprus, as well as funding to mitigate the effects of the war in Ukraine, were discussed on Monday by President Nicos Anastasiadis, Finance Minister Constantinos Petridis and European Investment Bank (EIB) President Werner Hoyer. ...
