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3151. New Ayia Napa mayor to fight for autonomy

Newly-elected Ayia Napa mayor says he will stay the course in the fight to keep the resort town autonomous, while pushing for reform...

3152. 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...

3153. 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...

3154. 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...

3155. Family businesses should trust next generation leaders

3156. Cyprus hails US EastMed bill signed into law

A new US law geared toward boosting energy and security cooperation in the east Mediterranean is indicative of the significance that Washington attaches to the region, Cyprus' foreign minister said Saturday...

3157. Senate-approved EastMed on Trump’s desk

US Congress’ approval of a spending package that includes the Eastern Mediterranean Security and Energy Partnership Act of 2019 signals a “new day in Greek-American relations,” said Senator Bob Menendez, one of the authors of the bipartisan legislation...

3158. EY helps establish ethical artificial intelligence systems

3159. Cypriot-Israeli dispute out in the open

The Republic of Cyprus says development of Aphrodite’s natural gas reservoir will go forward as planned, after reports said a letter from Israel called on energy companies to halt operations until the two countries settled all pending issues...

3160. CITR Cyprus calls for modern insolvency rules

3161. 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....

3162. Some new faces in cabinet reshuffle

The government has announced the latest Cabinet shuffle by President Nicos Anastasiades, with a combination of current office holders appointed to new posts and the appearance of some new faces...

3163. PwC Cyprus presented the 'New World, New Skills' programme

3164. Greece caught in US-China conflict on 5G

The development of 5G networks in Greece has been caught in the crossfire of the US-China trade war, with pressure growing on the Greek side...

3165. UNSC briefed on Cyprus ahead of Berlin

The Security Council held consultations on Cyprus on Thursday behind closed doors, where members were briefed on the latest developments and urged leaders to be productive in the period ahead...

3166. PwC presented its new publication for the real estate and land development sector

PwC Cyprus presented its publication on the Cyprus land development market, entitled "Cyprus Real Estate Market - First Half in Review", atan event held in Nicosia on 19 November...

3167. 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...

3168. Cyprus foreign minister in Washington

Cyprus Minister of Foreign Affairs Nikos Christodoulides is on a working visit to Washington, where he will also meet with Secretary of State Mike Pompeo on Monday...

3169. Italgas to enter Greek market

Italy’s biggest natural gas distribution company, Italgas, is on the verge of entering the Greek market. Kathimerini understands that Europe’s third largest gas distributor is very close to reaching an agreement with fellow Italian Eni Gas e Luce for the acquisition of the latter’s portfolio in the Greek gas grid....

3170. Battle of grievances in Akamas fire aftermath

Wednesday’s fires have been put out in Akamas national park, leaving behind an enormous environmental disaster but also allegations against groups ranging from local dissenters to hunters from the east coast...

3171. Minister suspects dissent in Akamas fires

The fire department has called for backup in fighting multiple blazes in Akamas and other areas, with the agriculture minister saying the fires “can’t be a coincidence” as government policies move forward...

3172. Turkey reacts to EU sanctions over Cyprus

President Tayyip Erdogan said on Tuesday the European Union’s decision to sanction Turkey over drilling off the coast of Cyprus could disrupt talks with the bloc, and he warned that Turkey could send captured Islamic State fighters to Europe...

3173. Cyprus signs deal for offshore gas concession

Cyprus and the Aphrodite consortium on Thursday signed an exploitation license and a revised production sharing contract, aiming to start natural gas production in 2025, generating projected revenues of $9.3 billion for a period of eighteen years ...

3174. Cyprus tops the list of EU member states concerning absorption of EU Regional Development funds

Cyprus’ absorption capacity of EU Regional Development exceeded the EU average, Government Spokesman Prodromos Prodromou has said....

3175. «Growth momentum moderates» in Cyprus according to Εuropean Commission Autumn Economic Forecast

"Growth momentum moderates" in Cyprus, according to the headline assessment of the European Commission`s Autumn Economic Forecast for the country, presented today by Commissioner Moscovici in Brussels....

3176. Cyprus plans to revoke passports after uproar

Cyprus said on Wednesday that it had started a process to strip 26 individuals of citizenship they received under a secretive passports-for-investment scheme, admitting it had flaws...

3177. Cyprus soon to fulfill Schengen obligation

The Republic of Cyprus declared its readiness to become a member of the Schengen Area and awaits EU evaluation, Foreign Minister Nikos Christodoulides announced on Monday ...

3178. Financier's Cypriot passport rocks the boat

A well-known Malaysian financier wanted by authorities in several countries appears to have obtained a Cypriot passport following recommendations from Archbishop Chrysostomos who cited investment opportunities...

3179. EY climbs World’s Best Workplaces list

EY has been named the #1 professional services employer for the fourth consecutive year in Universum’s 2019 “World’s Most Attractive Employers” annual ranking – moving up one place on 2018 to become the second most attractive employer overall...

3180. Anti-Money Laundering and Terrorist Financing Preventing Framework: Legislation Gaps

Over the last years, the EU has developed a solid regulatory framework for preventing money laundering and terrorist financing. However, these rules are not always able to capture the growing technological developments and potential gaps that can be exploited by criminals...