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31. How the European Artificial Intelligence (AI) Act will transform Auditing and Financial Reporting and the crucial role of the external auditor

The European Union took a bold step in August 2024 by adopting the AI Act, a landmark regulation designed to ensure that Artificial Intelligence systems are safe, ethical, and transparent. ...

32. AI in Finance: Embrace the Future or Be Left Behind

Technology is changing how we do everything, and finance is no different. ...

33. Primary residence and the benefit of 5% reduced VAT rate

Nowadays having your own permanent residence is a must, however the cost for the acquisition or construction of a house/apartment has significantly increased in the last few years....

34. K. Treppides & Co Ltd Director George P. Nicolaou Honored with Young Dragon Awards Nomination

The nomination of George P. Nicolaou, director at K. Treppides & Co Ltd, for the prestigious Young Dragon Awards marks a significant milestone for both him and the company....

35. Appointment of Senior Manager in K. Treppides & Co Ltd

The Management of K. Treppides & Co Ltd is committed to develop leaders who derive from own people and who pursue excellence in the provision of high quality specialised and unique services. ...

36. At the Doorstep of MICA: What to Expect as Crypto Regulation Takes Shape

The European Union's (EU) regulatory framework for cryptocurrencies and digital assets is envisioned to be shaped by the game changer, Markets in Crypto-Assets (MiCA) regulation. ...

37. Nearly 30% of non-EU seniors in EU Report Health in ''bad'' or ''very bad'' condition

In 2023, a percentage of 28% of non-EU citizens living in the EU aged 65 years or over perceived themselves to be in bad or very bad state of health. ...

38. The New Era of Accounting Services: A Complete Solution for CFOs

Comprehensive Solutions for CFOs in the Modern Accounting Landscape, in the fast-paced business world of today, strategic financial management has become increasingly critical....

39. IMF raises Cyprus' growth forecast for 2024

The International Monetary Fund (IMF) has raised its forecast for Cyprus's economic growth in 2024 from 2.7% to 3.3%. This updated prediction comes from the IMF's October World Economic Outlook report released on Tuesday....

40. President Christodoulides addresses EU on Cyprus problem

President of Cyprus Nikos Christodoulides will brief European leaders on the latest developments in the Cyprus issue within the framework of the European Council in Brussels on Thursday....

41. Cyprus' infrastructure shines as MED9 Summit boosts tourism

42. Annual International Meeting of the Contact Committee

The Audit Office of the Republic of Cyprus is organizing the Annual Meeting of the Contact Committee, which it chairs, at the Cap. St. Georges Hotel & Resort in Paphos, on Wednesday and Thursday, October 16 and 17, 2024. ...

43. Cyprus hosts European job fair: Hundreds of positions available

Cyprus’ Ministry of Labour and Social Insurance and EURES Cyprus are organising on Tuesday in Nicosia the “Find Your Career in Europe” event, with the participation of representatives from employment agencies from nine EU member states, along with company representatives....

44. King of Jordan joins MED9 Summit in Cyprus by invitation

The Republic of Cyprus is hosting the Summit of the nine......

45. Could human arrival have doomed Cyprus' dwarf hippos and elephants?

Around 14,000 years ago, as the last ice age receded, early sailors from the eastern Mediterranean may have been the first to set eyes on Cyprus, a heavily forested island teeming with wildlife. ...

46. Digital Transformation OR Vanish!

Historically our world has experienced significant eras spanning from the medieval eras, Renaissance, Scientific Revolution, Industrial Revolution, World War Era and others....

47. The Rise of Applied Regulatory Compliance: From Theory to Practice

As regulatory expectations continue to soar, it is clear that firms must shift from mere consultation to actionable compliance. ...

48. Parliament to review leadership replacement rules

Cyprus' Parliament Speaker Annita Demetriou has called for urgent talks to establish clear rules for permanently replacing the President and Speaker of Parliament when needed....

49. Tensions flare over Auditor General appointment threat

Cyprus is facing a political storm after DIKO MP Zacharias Koulias repeated his threat to appoint a new auditor general while temporarily leading Parliament next week, ...

50. Cyprus leads MED9 ministers in push for resilient Mediterranean energy ecosystem

The MED9 Energy Ministers reaffirmed their commitment to support the advancement of a sustainable, secure, and resilient future for the Mediterranean region....

51. The fall of a man who held the powerful accountable

In the famous film ''Dead Poet's Society'', Welton is an exclusive private boarding school for the American elite, where tradition reigns supreme. The school is conservative and strict, with its main values encapsulated in the motto: ''Tradition, Honor, Discipline, Excellence.''...

52. Von der Leyen unveils new European Commission lineup

European Commission President Ursula von der Leyen has unveiled the list of new commissioners, including Kostas Kadis from Cyprus, who has been appointed as Commissioner for Fisheries and Oceans. ...

53. Eurostat: 80.6% of Cyprus graduates found jobs in 2023, below EU average

A total of 80.6% of recent graduates in Cyprus were employed in 2023, while the European Union (EU) average stood at 83.5%, according to data published on Wednesday, by Eurostat....

54. Cyprus to begin talks with UNHCR on Buffer Zone migrants

Cyprus is preparing to begin discussions with the United Nations High Commissioner for Refugees (UNHCR) to address the growing problem of migrants stranded in the buffer zone, the area separating the Republic of Cyprus from the Turkish-occupied northern part of the island....

55. Eurozone service output stable in May, up 2.5% yearly

The production of services remained more or less stable in the eurozone (down -0.1%) and in the EU (+0.1%) in May 2024 compared to April, while increasing compared......

56. Cyprus sees fuel price drop by 2-3 cents

Cypriot households burdened by rising living costs are getting a reprieve as fuel prices drop, with further reductions expected by the end of August....

57. Cyprus eyes key EU portfolio in von der Leyen’s second commission

As EU member states finalize the 26 names for Ursula von der Leyen's second European Commission......

58. Athens tops list of world's best-smelling cities, Nicosia also makes the top 10

A recent study by HAYPP has crowned Athens, Greece, as the world's best-smelling city, overturning the common perception of cities as unpleasantly odorous....

59. Armed convoy of 800 fighters from Paphos to Nicosia marred by tragedy

In recent months, a freshly painted bus from another era has been placed in a shelter near the roundabout at the Paphos General Hospital....

60. 50 years since the 1974 coup in Cyprus

Today marks the 50th anniversary of the July 15, 1974, coup d'état in Cyprus, orchestrated by the junta regime in Athens with the participation of EOKA B'....