https://knews.kathimerini.com.cy/en/business/first-ever-publicly-financed-equity-fund-will-benefit-cyprus-startups
The Ministry of Finance has long been committed to introducing a financial instrument to support startups and innovative companies with equity financing, ...
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/eu-to-propose-import-ban-on-all-russian-oil
Brussels will propose a phased-in ban on imports of all Russian oil as member states prepare to discuss a sixth package of penalties against Moscow for its invasion of Ukraine....
https://knews.kathimerini.com.cy/en/news/cyprus-to-export-natural-gas-by-2026-energy-minister-says
Cyprus is hoping to begin exporting its natural gas from the “Aphrodite” gas field by 2026, Minister of Energy, Commerce and Industry, Natasa Pilides, has said....
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/anastasiades-the-protection-of-employees-rights-is-a-priority
President Nicos Anastasiades on Sunday listed a number of government policies and strategies as well as decisions in favor of laborers, as he addressed an event organized by trade union SEK in honor of Labor Day at the village of Amiantos....
https://knews.kathimerini.com.cy/en/news/europe-scrambles-for-natural-gas-solution-as-putin-squeezes-supply
The European Union is racing to find alternative suppliers of natural gas after Russia's Gazprom cut flows to two EU nations, sparking fears that others will soon follow....
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/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/discord-takes-hold-in-front-against-russian-oil
Nicosia has been defending its stance towards sanctions against Moscow on the basis of principles and European unity, but lack of consensus for the bloc to seek a collective ban on Russian oil supplies has made cracks in the united front appear larger...
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/nicosia-drops-hint-at-ferry-link-this-summer
The Shipping Deputy Ministry in the Republic of Cyprus says a successful bidder for a state-subsidized ferry link to Greece has been asked to submit a proposal, with reports saying a summer connection could be launched this year...
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/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. ...
https://knews.kathimerini.com.cy/en/news/global-food-prices-rise-to-highest-ever-levels-in-march
Global food prices rose to their highest ever levels in March as a result of Russia’s invasion of Ukraine, the UN has reported....
https://knews.kathimerini.com.cy/en/business/euler-hermes-is-now-allianz-trade
Todaymarks a new chapter in our story: Euler Hermes, the world leader in trade credit insurance, becomes Allianz Trade – a natural moveas we have been fully part of the Allianz Group since 2018...
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-cryptocurrency-the-requirement-of-a-firm-to-service-the-local-market-trading-in-cryptocurrency
https://knews.kathimerini.com.cy/en/news/cyprus-mulling-us-weapons-proposal
Cyprus reportedly remains open to the possibility of reaching an agreement with the US to give up its Russian weapons....
https://knews.kathimerini.com.cy/en/news/russia-teetering-on-brink-of-default-as-us-stops-bond-payments
The United States stopped the Russian government on Monday from paying holders of its sovereign debt more than $600 million from reserves held at U.S. banks, in a move meant to ratchet up pressure on Moscow and eat into its holdings of dollars....
https://knews.kathimerini.com.cy/en/news/bucha-atrocities-bring-about-fresh-sanctions-and-deportations
Following the revelations about the atrocities against civilians that took place in Bucha and other areas near Kyiv, the EU is preparing fresh sanctions against Russia to "hit them where it hurts". ...
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-cryptocurrencies-regulating-cryptocurrency-trading-in-cyprus
https://knews.kathimerini.com.cy/en/news/cyprus-growth-expected-to-‘slow-sharply
Economic growth in Cyprus will slow sharply before recovering, due to the shock associated with the war in Ukraine, the International Monetary Fund has said, adding that the key near-term challenge “is to calibrate a policy response to the economic fallout from the war in Ukraine.”...
https://knews.kathimerini.com.cy/en/news/ukraine-will-europe-be-able-to-remaine-united-against-putin
As the war in Ukraine now enters its sixth week of operations in conditions of undiminished intensity, with threats escalating, cracks widening and bombs raining down, it is clear that the crisis will be a marathon and the ongoing struggle an endurance struggle for all those directly and indirectly involved....
https://knews.kathimerini.com.cy/en/business/the-act-of-a-balanced-work-life-and-its-yin-yang-ecommbx
Life is a delicate yin yang, or merely one more reason to celebrate each day we all share on this planet we call home!...
https://knews.kathimerini.com.cy/en/business/stelios-bi-communal-awards-2022
The Stelios Awards promote island-wide business cooperation between Greek Cypriot and Turkish Cypriot entrepreneurs by giving promising ventures the funding boost they need to grow. Applications for this year focus exclusively on Greek Cypriots and Turkish Cypriots' business activity and, can be submitted until March 31....
https://knews.kathimerini.com.cy/en/news/lagarde-cyprus-will-be-affected-by-inflation-and-rising-energy-costs
Cyprus will be affected by inflationary pressures and higher energy costs due to its dependence on oil imports for electricity generation, according to European Central Bank President Christine Lagarde....
https://knews.kathimerini.com.cy/en/business/overcoming-talent-crunch-and-supply-chain-upheaval-among-biggest-success-indicators-for-tech-in-2022
Increased volatility rising out of the evolving COVID-19 pandemic has led to a reshuffling of priorities for the global technology industry....
https://knews.kathimerini.com.cy/en/news/€12-9-million-in-revenue-collected-from-gambling-sector-in-2021
The betting sector in Cyprus has rebounded, reaching pre-COVID-19 levels in the fourth quarter of 2021, according to financial data released by the National Betting Authority (NBA) on Tuesday....
https://knews.kathimerini.com.cy/en/news/op-ed-fertilizer-inflation-presages-a-global-food-supply-crisis
We know that the war in Ukraine has led to sharp increases in prices for both food and fuel. This in turn has sparked concern that we may see a repeat of the famine and food riots that took place in 22 countries in the years following the global financial crisis, caused by a perfect storm of rising commodities prices....
