https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-drives-sustainable-digital-innovation-in-financial-services-with-kyndryl
Kyndryl, the world's largest IT infrastructure services provider and Bank of Cyprus, the leading banking and financial services group in Cyprus, announced an agreement to expand their collaboration with a new five-year managed IT services program that advances the Bank’s ESG commitments through 2030, by supporting the Bank’s levels of service, giving access and visibility to its products to all stakeholders....
https://knews.kathimerini.com.cy/en/business/consulco-brought-together-london-and-limassol
An excellent dialogue took place during the hybrid conference ''Resilient Cities: London and Limassol'' organized by Consulco, on Thursday 16 June 2022 between London and Limassol, where speakers from Cyprus and Britain exchanged views on the two cities and their development. ...
https://knews.kathimerini.com.cy/en/news/central-banks-across-europe-jack-up-interest-rates-to-fight-inflation
Central banks across Europe raised interest rates on Thursday, some by amounts that shocked markets, and hinted at even higher borrowing costs to come to tame soaring inflation that is eroding savings and squeezing corporate profits....
https://knews.kathimerini.com.cy/en/news/euroasia-interconnector-will-help-free-eu-from-energy-dependence
Tapping into Israel’s vast renewable sources of energy will help reduce the EU’s dependence on Russia, European Commission President Ursula von der Leyen said during her visit to Israel, highlighting the importance of Cyprus and Greece in securing energy supply....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-the-dilemmas-of-war-and-pandemic
Cyprus is a small country with a large export sector of services, which makes it vulnerable to its external environment. An external shock is felt faster and more intensely.
...
https://knews.kathimerini.com.cy/en/business/ey-announces-4-new-partners-in-cyprus-and-welcomes-new-head-of-consulting
EY Cyprus Country Managing Partner, Ronald Attard, has welcomed the announcement of 4 new partners to the Cyprus practice....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-the-biggest-scam-in-higher-education-the-master-s-degree
It's graduation season. Over the past couple of weeks, some 2 million college students have earned their bachelor's degrees and headed off to the next stage of their lives....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-talk-of-doing-good-rings-hollow-among-global-elite-in-davos
If the rich don’t give a bit more today, they may have to give a lot more tomorrow. That was my conclusion from last week’s World Economic Forum in Davos....
https://knews.kathimerini.com.cy/en/news/a-new-hotel-opens-in-the-heart-of-old-nicosia
Interest in investing within the walls of Nicosia is growing. The purchase of property to be transformed into student dormitories and new apartments is being discussed both by local businessmen and in real estate circles. ...
https://knews.kathimerini.com.cy/en/news/nicosia-in-waiting-game-for-lng-supply-and-distribution
In her speech in Davos on Tuesday in front of an audience of businessmen and political leaders, EC President Ursula von der Leyen appeared to put Cyprus on center stage for the supply of liquefied natural gas (LNG) for the European Union, announcing that "soon" LNG terminals will operate in Greece, Cyprus and Poland....
https://knews.kathimerini.com.cy/en/business/cbc-cryptocurrencies-are-a-potential-risk-to-the-economy
Losing 26% of its value in the last month, Bitcoin and other cryptocurrencies are in danger of dragging the "real economy" with their unpredictable fluctuations....
https://knews.kathimerini.com.cy/en/business/researcher-s-avatar-sexually-assaulted-on-the-metaverse
A researcher entered the metaverse, wanting to study users' behavior on Meta's social-networking platform Horizon World. But within an hour of her donning her Oculus virtual reality (VR) headset, she says she was raped in the virtual space....
https://knews.kathimerini.com.cy/en/news/superyacht-in-ayia-napa-highlights-tourism-makeover
A cruise ship offering passengers a luxury yachting experience around the world made a stop in Cyprus’ Ayia Napa over the weekend, with locals highlighting the resort town’s efforts to attract high income visitors as an alternative to tourists balling on a budget...
https://knews.kathimerini.com.cy/en/news/cyprus-now-an-important-player-in-lng-arena
The EU produces LNG from naphthalene in Cyprus
An important step is the support from the Commission that is expected to shuffle the energy deck of the Eastern Mediterranean...
https://knews.kathimerini.com.cy/en/news/eu-s-von-der-leyen-lng-in-cyprus-and-greece
European Commission President Ursula von der Leyen's speech at the World Economic Forum in Davos and what she said about the energy sources of the Old Continent is essentially the first step in the role that the Eastern Mediterranean and its reservoirs can play in the EU's efforts to cut its dependence on Russian hydrocarbons....
https://knews.kathimerini.com.cy/en/news/an-increase-of-50-in-subsidies-for-roof-thermal-insulation-and-photovoltaic-systems
With a budget increased by 40%, and a potential to increase even further and with increased grants by 50%, the Grant Scheme for thermal insulation on roofs and installation of photovoltaic systems in houses was announced by the Ministry of Energy, Commerce and Industry during a web conference, on Tuesday....
https://knews.kathimerini.com.cy/en/news/eu-official-calls-on-cyprus-to-implement-recovery-plan-or-lose-funding
A European Commission official on Monday urged the Cypriot authorities to proceed with the implementation of Cyprus’ National Recover and Resilience plan, warning that Cyprus risks losing EU funds in case of new delays....
https://knews.kathimerini.com.cy/en/news/eu-energy-commissioner-cyprus-has-enormous-potential-in-terms-of-solar-and-wind-energy-production
In the wake of rising energy costs due to Russia's invasion of Ukraine, Kathimerini sits down with EU Commissioner for Energy, Kadri Simson, to discuss the EastMed pipeline, Europe's push toward Green energy and the potential for Cyprus to ensure its citizens both affordable prices and energy security by developing solar and wind power....
https://knews.kathimerini.com.cy/en/news/cyprus-to-investigate-billionaire-s-missing-millions
A lawyer for a Jewish billionaire says he is confident Cypriot authorities will investigate a complaint into whether a former Israeli army officer embezzled his client’s money on the island...
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-digitalization-of-the-global-tax-administration
In the era of the coronavirus pandemic, the digital revolution, and the ever-evolving globalization, the digitalization of the tax administration seems to be a one-way route. But what exactly is the digitalization of the tax administration and how this will affect the tax function around the globe?...
https://knews.kathimerini.com.cy/en/news/biden-praises-greek-position-over-war-in-ukraine
US President Joe Biden has thanked Greek Prime Minister Kyriakos Mitsotakis for Athens’ 'moral leadership' following the Russian invasion in Ukraine in late February...
https://knews.kathimerini.com.cy/en/news/petrides-things-will-be-difficult-in-the-coming-years
The government will continue supporting households, especially the vulnerable, amid rising inflation, Finance Minister Constantinos Petrides said, warning that tackling inflation is difficult due to its structural nature amid the Ukrainian crisis....
https://knews.kathimerini.com.cy/en/business/price-hike-of-raw-materials-affecting-developers-and-construction-costs
The construction industry is suffering as the price hike of raw materials continues, with developers crushed under higher costs as they are deprived of Russian money....
https://knews.kathimerini.com.cy/en/news/op-ed-esg-dei-and-other-acronyms-and-why-we-need-to-know-about-them-imho
Quite a few times I found myself receiving messages and having to pause and google search an acronym to understand its meaning. I’m sure I’m not alone, and it’s surely not just a Gen X symptom....
https://knews.kathimerini.com.cy/en/news/a-historic-day-british-bases-lifts-restrictions-on-civilian-property-development
Eight years after the signing of a bilateral Arrangement between Cyprus and the UK, the SBA is today lifting restrictions on property development on 200 square kilometers of non-military areas within the bases....
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/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/news/petrides-government-to-continue-support-measures-for-vulnerable-groups
The government is determined to continue the support it has been providing to vulnerable population groups against rising inflationary trends said Finance Minister Constantinos Petrides, speaking on the sidelines of the presentation of the Sponsorship Scheme for Student Dormitories and Rooms in the old city of Nicosia....
