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2581. 38-year-old cuffed for Ayia Napa botched mob hit

A 38-year-old Larnaca resident was arrested Monday afternoon in connection with a botched mob hit in Ayia Napa on Sunday....

2582. EIB President in Cyprus to discuss bank’s investment in the country

The European Investment Bank (EIB) President, Werner Hoyer, was in Cyprus on Monday to update President Nicos Anastasiades on recent and future investment on the island, and to review improvements the education sector which has enjoyed significant ECB investment....

2583. State troubled over Ayia Napa mob wars

Investigators are focusing on a person of interest in Sunday’s Ayia Napa shooting, believed to have been a mob-hit-gone-wrong against a businessman and former chairman of a local football club...

2584. Four injured in Ayia Napa shooting

Four people were critically injured during a shooting in Ayia Napa on Sunday, with reports saying the actual target was a businessman who had just left the area moments earlier...

2585. EDEK party shrinks as turmoil escalates over ousted MEP

After the dramatic ousting of MEP Demetris Papadakis from socialist party Edek on Monday, the party continued to shrink throughout the week with the resignation of ten party members by Friday....

2586. President says use of Saudi-businessman owned jet not a violation of Ethics Code

President Nicos Anastasiades acknowledged on Thursday that he could have avoided using a private jet belonging to a Saudi businessman for a family holiday in the Seychelles, but denied that he was in violation of the Ethics Code....

2587. Potatoes to be brought in from the north after cold blast damages crops

Potatoes harvested in the north will be transferred next Monday to government-controlled areas, where potato crops suffered heavy blows after successive days of heavy rain and frost....

2588. House President praises Australia’s principled stance over Cyprus

Australia is a friendly country that supports Cyprus and retains a principled stance vis-à-vis the Cyprus problem, said the President of the House of Representatives, Demetris Syllouris, who is paying an official visit to the country as head of an inter-party delegation....

2589. Limassol’s trade enabler gets new CEO

The appointment of a new CEO at DP World Limassol is expected to give the company a new impetus, after a year of investing and upgrading infrastructure and equipment...

2590. Emerging tech can bolster Sustainable Development Goals

Two-thirds of the 169 targets underpinning the global Sustainable Development Goals could be bolstered by technological innovation according to a new study by the World Economic Forum and PwC...

2591. Football and Money Laundering

It has been identified years back at European and global level, that sports and especially football is being used by criminals to launder dirty money and derive illegal income...

2592. Alexoui jailed as ‘flight risk’

Nicosia businessman Alexis “Alexoui” Mavromichalis will remain in jail pending trial, after a judge on Thursday said the suspect was a flight risk...

2593. State drops case in Ayia Napa police blunder

A case has been dropped against former deputy police chief Andreas Kyriacou, just hours before a judge was expected to rule in Alexoui’s bail hearing...

2594. Trump found not guilty

President Donald Trump was acquitted on Wednesday in his US Senate impeachment trial, saved by fellow Republicans who rallied to protect him nine months before he asks voters in a deeply divided America to give him a second White House term...

2595. PRIO: A Cyprus solution could reap high economic benefits

A solution to the Cyprus problem will create large new markets, research conducted by the independent, bicommunal research centre PRIO showed....

2596. Judge delays verdict in Alexoui bail hearing

Alexoui’s lawyer came very close to securing the release of his client on Wednesday, after arguing police could not deprive someone of his freedom based on contradictory witness statements, but a judge needed another day to decide whether to grant bail...

2597. President’s air travel under scrutiny

Cypriot President Nicos Anastasiades is firing back at critics saying his use of a private jet owned by a Saudi billionaire has actually saved the state a lot of money, while opposition parties raise fears of dependency and quid pro quo with foreign donors...

2598. British High Commissioner talks trade, free movement after Brexit

In an interview with the Cyprus News Agency, British High Commissioner in Cyprus, Stephen Lillie, talks about what tomorrow will look like, and what applies for Cypriot and British nationals living in both countries, which he said share a deep historical relationship....

2599. Sustainable Growth Review for 2019

PwC’s corporate responsibility programme focuses on promoting youth entrepreneurship, supporting vulnerable social groups, protecting the environment, promoting employee wellbeing and upskilling...

2600. In Paris visit, Greek, French ministers agree to boost investments

Finance Minister Christos Staikouras, Development and Investments Minister Adonis Georgiadis and French Minister of Economy and Finance Bruno Le Maire, signed a declaration of intent on the Greek-French economic partnership in Paris on Wednesday, aimed at boosting investments....

2601. 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...

2602. 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...

2603. 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...

2604. 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....

2605. 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...

2606. 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”)...

2607. 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 ...

2608. 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...

2609. Digital transformation of health services is indispensable

2610. GCC achieves high Customer Satisfaction