Search

1. KPMG in Cyprus supports creativity and innovation through the Creativity, Innovation, and Business Idea Programme ''IDEODROMIO''

KPMG in Cyprus, committed to business transformation, education, and the development of young talent, proudly continues its active collaboration and support of the Creativity, Innovation, and Business Idea Programme “IDEODROMIO” for the tenth consecutive year....

2. Cyprus’ tech boom boosts the economy by €7 Billion

For years, Cyprus’ economy leaned heavily on tourism and professional services, but the rapid rise of technology companies is reshaping the island’s financial landscape....

3. KPMG Business Integration

As part of our Collective Strategy, we see opportunities for greater integration of some of our member firms over time. ...

4. Global fintech investment falls to seven-year low of $95.6 billion in 2024, but uptick in Q4’24 is a sign of cautious optimism says KPMG’s Pulse of Fintech H2’24

2024 was another difficult year for fintech, with just $95.6 billion of investment globally across 4,639 deals....

5. Cyprus tax reform: Bold overhaul aims to boost economy but sparks debate

Cyprus is preparing to implement its first major tax reform in over two decades, aiming to modernize the tax system, boost competitiveness, and align with international standards....

6. Cyprus tax reform: A win for families, a challenge for businesses

Cyprus is set to undergo its first major tax reform in over 20 years, with changes expected to align the system with the country’s evolving economic landscape....

7. 2024 global VC investment rises to $368B as investor interest in AI soars

Global VC investment rose from $349.4 billion across 43,320 deals in 2023 to $368.3 billion across 35,684 deals in 2024 despite a multitude of challenges, including global conflicts and geopolitical tensions, uncertainties associated with a significant number of major elections—...

8. Trump’s tariff plans could hurt Cyprus’ economy

The looming inauguration of U.S. President-elect Donald Trump has stirred concern across the Eurozone, and Cyprus is no exception....

9. KPMG in Cyprus spreads holiday cheer with ''Adopt a Family for Christmas''

For the 11th consecutive year, KPMG in Cyprus has supported the ''Adopt a Family for Christmas'' initiative, reaffirming our commitment to Corporate Social Responsibility....

10. Cablenet welcomes Velisarios Masouras as Chief Financial Officer

Cablenet is pleased to announce the appointment of Velisarios Masouras as its new Chief Financial Officer (CFO), effective November 18, 2024....

11. ‘Business as usual’ for world’s top companies as they get ahead of mandatory sustainability reporting rules

With mandatory sustainability reporting nearly upon us, new research from KPMG reveals the world’s biggest companies are taking a proactive approach, with a significant increase in businesses already publishing ESG data, including carbon reduction targets....

12. KPMG Cyprus unveils: KPMG Cyprus Real Estate Market Report Insights-13th edition

The pipeline of real estate projects in Cyprus continues to expand in 2024, with residential developments leading the way. Market liquidity appears to be improving, with Limassol dominating the overall market and the high-end residential segment for 2023 and the first half of 2024....

13. RICS Cyprus Property Price Index with KPMG in Cyprus announces results of 2024 Q3

On behalf of KPMG in Cyprus, Christophoros Anayiotos, Board Member and Head of the Real Estate Industry Group, stated:...

14. Cyprus worried about inflation as tensions rise between Israel and Iran

The escalating conflict between Israel and Iran could disrupt global energy supply chains, with Cyprus likely to feel the effects....

15. Limassol office costs outpace London and Amsterdam

Office rental prices in Cyprus, particularly in Limassol, have exceeded those in cities like London and Amsterdam, according to major tech companies operating on the island....

16. KPMG Academy: Upcoming Seminars focused on professional growth

The KPMG Academy is celebrating 15 years of delivering top-tier professional development in Cyprus. Known for its high-quality training programs, the Academy is gearing up for the next semester......

17. KPMG in Cyprus supports the Pancyprian Volunteerism Coordinative Council’s campaign ‘Back to School Supplies for ALL children'

At KPMG Cyprus, we remain committed to our mission of giving back to the community....

18. KPMG Experience Day: A unique opportunity for University of Cyprus students

KPMG in Cyprus hosted the “KPMG Experience Day” on Wednesday, 4 September 2024, at its Nicosia offices. This event was designed for students from the University of Cyprus who are interested in learning more about KPMG and discovering what sets us apart in the professional services industry....

19. Illegal tobacco smuggling from occupied territories hits new high in Cyprus

Last Friday, two Cypriots and a British national were apprehended at Paphos Airport with illegal tobacco products valued over €30,000 while attempting to smuggle them into the UK....

20. New global report launched at Global Family Business Summit

The Global Family Business report from KPMG Private Enterprise and the STEP Project Global Consortium reveals how some successful business families adopt a future-centric view of legacy that binds generations together, creating dynamic legacies that adhere with tradition while simultaneously embracing innovation...

21. Banking sector's pledge to environmental transition

Eliza has been the Executive Director of Finance since October 2019 and since October 2021 she has been an Executive Member of the Bank of Cyprus Board of Directors....

22. Consulco’s London Credit Fund; Existing & New Investment Opportunities

23. 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....

24. Are you ready for ChatGPT to take over your job?

Since its release in November of last year, OpenAI's ChatGPT has been used to write cover letters, create a children's book, and even help students cheat on their essays....

25. Completion of Project Starlight

26. Global fintech market resilient in H1’22 - $107.8 billion in investment, according to KPMG’s Pulse of Fintech

Global fintech investment declined from $111.2 billion in H2’21 to $107.8 billion in H1’22, but remained remarkably resilient compared to historical trends given the challenges affecting the broader investment market, including geopolitical uncertainty, growing inflation, and increasing interest rates. ...

27. KPMG Cyprus supports ‘Back to School Supplies for ALL children’

KPMG in Cyprus, in collaboration with the Pancyprian Volunteerism Coordinative Council (PVCC), actively participated in the campaign ‘Back to School Supplies for ALL children’...

28. RICS Cyprus Property Price Index with KPMG in Cyprus announces results of Q2 2022

KPMG in Cyprus announces that the ''RICS Cyprus Property Price Index with KPMG in Cyprus'' has been issued for Q2 2022....

29. KPMG Limited and Georgiou, Iacovou & Co LLC announce the admission of the law firm Georgiou, Iacovou & Co LLC to the KPMG global network of member firms

KPMG Limited and Georgiou, Iacovou & Co LLC wish to announce the admission of the law firm Georgiou, Iacovou & Co LLC to the KPMG global network of member firms, as of 1 August 2022. The law firm will operate in the jurisdiction of Cyprus under the KPMG Law brand. ...

30. Retail trade in the grip of inflation

The market is under intense pressure due to the inflationary trends of recent months with consumers appearing hesitant on their trips to retail stores. More shoppers are looking for special offers and refraining from impulsive buys....