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271. SSM chief urges banks to be prudent amidst soaring profits

The Chairman of the Single Supervisory Mechanism (SSM), Andrea Enria, has emphasized that the gains from high interest rates for banks will eventually come to an end....

272. K. Treppides & Co Ltd: Cyprus financial market recovery or impending closure? Uncovering hidden risks

273. Digitizing the state for modern times

The digitization of the state is not just a challenge for modern society; it must be a top priority....

274. Cyprus real estate market hits €132 million high

August passed by as usual with most people on vacation, including the real estate market. Let's take a look at how the month fared for coastal cities, with no surprises for Nicosia, which was also in vacation mode. Notably, Larnaca had an outstanding performance, surpassing Nicosia for the first time....

275. CEO confidence in artificial intelligence tempered by social, ethical and security risks

CEOs globally are embracing opportunities created by AI, but also remain wary of unknown, unintended consequences, according to the findings of the latest EY CEO Outlook Pulse survey. ...

276. Techisland powers up Digital Agenda Cyprus Summit

The Digital Agenda Cyprus Summit is delighted to announce its collaboration with "Techisland" as the primary sponsor of the "Alpha Stage" platform, whose objective is to promote startups in Cyprus and the wider region....

277. Maria Ressa's Nobel-worthy legal triumph

Philippine Nobel laureate Maria Ressa has been acquitted of her final tax evasion charge in the latest legal victory for the veteran journalist as she battles to stay out of prison over cases that she has previously described as part of a pattern of harassment....

278. Cyprus aims to shine with 'Cypriot Red Soil Potato' in European market

Ministry of Agriculture, Rural Development, and Environment, is making every possible effort to address new challenges while improving the competitiveness of the agricultural sector, said the Minister of Agriculture, Rural Development, and Environment, Petros Xenophontos....

279. US anti-corruption chief shines spotlight on Cyprus

Richard Nephew, the Coordinator on Global Anti-Corruption at the US State Department, emphasized the severe consequences of corruption on economies and international investments during his visit to Cyprus....

280. bbf: The second phase of repair and renovation work continues at the Berengaria Hotel in Prodromos

The anticipated development of Cyprus’ most historic mountain resort, once called the ''Jewel of Prodromos,'' the Berengaria Hotel, is now in the second phase of emergency repair and renovation work by the well-known residential and commercial developer, bbf: which undertook the mission of the ambitious project to restore the legendary Berengaria Hotel....

281. Unmasking Jack Straw's biased agenda in Cyprus problem

In an article published in Politico, former British Foreign Secretary Jack Straw suggested dividing Cyprus. He argues that Britain, which guarantees the independence and territorial integrity of the Republic of Cyprus, cannot achieve a two-state solution on its own. ...

282. Jack Straw's call for two-state solution in Cyprus

Former UK Foreign Secretary Jack Straw has offered a proposal to resolve the long-standing conflict between the Greek Cypriot Republic of Cyprus and the Turkish Republic of Northern Cyprus (TRNC)....

283. Dairy leader Alambra unveils €10 million eco-friendly milk facility

On Tuesday, September 5th, the grand opening of the new Alambra fresh milk factory took place....

284. ERC's €628M investment sparks scientific renaissance among young scholars

The European Research Council (ERC) has announced today the winners of the latest round of its Starting Grants....

285. Fattal Group acquires yet another holiday property in Cyprus

The facelift at Elias Latsi Holiday Village Resort is progressing smoothly, thanks to the recent positive response from the Environmental Authority....

286. Recovery and Resilience measures target non-performing loans

In a move to address Non-Performing Loans (NPLs) and maximize European funds, Minister of Finance, Makis Keravnos, announced the approval of an action plan under the Recovery and Resilience Plan. ...

287. New student dorms to transform old town Nicosia

The Mayor of Nicosia, Constantinos Yiorkadjis, and the director of the company "OIKODOMIKES EPICHEIRISEIS STAVROS A. STAVROU LTD" have signed contracts for the construction of new student dormitories in the city....

288. Consulco: London Credit Fund’s new investment opportunity secured against UK commercial properties

The London Credit Fund New Compartment offers even higher returns to investors....

289. Cyprus boosts energy sector with €104m revamp

The Republic of Cyprus has submitted a revised Recovery and Resilience Plan to the European Commission, incorporating the REPower EU chapter with an additional allocation of €104 million....

290. Former Finance Minister continues to question EuroAsia project

Former Finance Minister Constantinos Petrides has returned to the issue of the Eurasia Interconnector, expressing concerns and raising important questions. In a post on the "X" platform, he highlighted the need for transparency and clarity surrounding this significant and costly project....

291. Hellenic Bank reports impressive profit surge of €160.2 million

Hellenic Bank had a really good financial run in the first half of 2023. They made a profit of €160.2 million, which is a huge jump of 203% compared to last year at the same time....

292. China's $10 trillion hidden debt

For some time now, markets have been buffeted almost on a daily basis by gloomy economic news filtering out of China....

293. Leonid Radvinsky: The mastermind behind OnlyFans

The profits of the OnlyFans platform have seen a remarkable surge over the past year, and recent revelations of its owner pocketing over $300 million (€278 million) in dividends have sparked fresh inquiries into the leader behind this adult content platform....

294. Paphos grants Honorary Citizenship to Senator Menendez

In a distinguished ceremony held on August 25, 2023, at the grandeur of Paphos Town Hall, the Municipality of Paphos conferred the title of honorary citizen upon esteemed US Senator Robert Menendez....

295. AstroBank offers diverse properties for sale across Cyprus

AstroBank, a prominent financial institution in Cyprus, has unveiled an array of properties available for purchase across the country....

296. Eurobank acquires 17.3% stake in Hellenic Bank for €167.9 million

The Eurobank has agreed to acquire an additional stake of around 17.3% (equivalent to 71,428,572 shares) in the Hellenic Bank at a total price of 167.9 million euros, or 2.35 euros per share. ...

297. Brexit: 7,000 finance Jobs moved overseas

Dublin, Frankfurt and Paris are vying for a share of the financial services markets once dominated by London....

298. Eurobank secures full control of Hellenic with Pimco share acquisition

Eurobank has successfully acquired all shares of Pimco in Hellenic Bank for €167.9 million, equivalent to €2.35 per share, solidifying its position as the predominant shareholder....

299. High-tech centers personalizes scans with AI

Diagnostic tests are a crucial factor in seeking medical care as they provide doctors with a well-informed view of the patient's condition....

300. Diaspora conference kicks off with over 300 delegates

The World Conference of Cyprus Diaspora has commenced, gathering more than 300 delegates from various corners of the world. The event, which began on Tuesday afternoon, is scheduled to run until August 25th....