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1051. Over 500 million euros from Cyprus by 2026

In a speech to world leaders today at COP26, President Anastasiades said that Cyprus seeks to strengthen regional cooperation through coordinated synergies and exchange of best practices...

1052. Announcement of Appointment of Directors & Senior Managers 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. ...

1053. Cypriot banks to reduce costs

The President of the European Banking Authority speaks to "K"...

1054. Bicycle subsidies for Cyprus

The Ministry of Transport, Communications and Works announces that on November 1, 2021 it will launch the first electronic platform through which citizens can apply for a subsidy to purchase a new non-electric bicycle....

1055. Hertz orders 100,000 Tesla cars

Hertz Global Holdings Inc., placed an order for 100,000 Teslas in the first step of an ambitious plan to electrify its rental-car fleet,...

1056. Cyprus lacks 'snitches' to root out cartels

The head of Cyprus’ competition protection office says its program designed to root out cartels on the island has failed because of the country’s closed society where snitching is not part of Cypriot culture...

1057. Thousands of property assets in Greece are up for auction

The Greek property market is about to welcome a host of new offerings as the companies that manage loans secured on properties either for banks or the funds that have acquired them are resuming online auctions in large numbers....

1058. English School strike ends

The English School teachers agreed to return to their classrooms today, ending an almost week-long strike that kept students out of school....

1059. KPMG in Cyprus announces partnership with RICS

KPMG in Cyprus and RICS have signed a collaboration agreement for the provision of services for the issue of the quarterly ''RICS Cyprus Property Price Index, with KPMG in Cyprus''....

1060. New developments in the English School strike

Teachers, staff and students protested outside the English School after Myrto Hassapopoulou, president of ESSA (English School staff union), was dismissed by the school's management....

1061. Cheating never gets one far: The English School Industrial dispute

Employment relations in the 21st Century are governed by multiple layers of institutional regulation that have evolved historically during the previous centuries....

1062. Cyprus won’t sign pact if EU doesn’t budge

A letter to the Home Affairs commissioner sent by the MED5 ministers warns Brussels that front line states won’t sign the new pact on migration and asylum unless their demand for a 'balanced' agreement is met...

1063. Cyprus puts foot down on migration talks

The Republic of Cyprus is adding pressure on a pending agreement over an EU migration pact, with three proposals backed by MED5 countries aimed at airing their grievances against the bloc, a union that is going through a power struggle...

1064. Why Steve Jobs threw the first iPhone on the floor

Today marks the tenth anniversary of the death of Steve Jobs at the age of 56, after being struck by pancreatic cancer. ...

1065. EY presents the 17th CFO Management Forum and the CFO Awards 2021

EY has proudly sponsored the 17th CFO Management Forum and 5th CFO Awards, which were held on Tuesday, September 28th at the Nicosia Hilton....

1066. K. Treppides & Co Ltd: Renewed European finance strategy and implementation of the action plan on financing sustainable growth

The European Commission adopted on 21 April 2021, a comprehensive package of measures to help improve the flow of money towards financing the transition to a sustainable economy, whereas these measures will be instrumental in reaching climate and environmental targets as well as vital for economic recovery from the COVID-19 pandemic. ...

1067. Electronic Money and Payment Institutions launch professional association

ECOMMBX is proud to announce the establishment of the Association of Cyprus Electronic Money and Payment Institutions (ACEMPI), with a number of the company’s management team members among the new Association’s leadership....

1068. EY reports global revenues of US$40b in 2021 and outlines record US$10b investment plan over next three years

EY announces combined global revenues of US$40b for the financial year ended June 2021 (FY21), an increase of 7.3%, a solid result given the global economic impact caused by the COVID-19 pandemic. ...

1069. Suspected healthcare fraud lands doctor in jail

A Limassol judge has ordered a detained gynecologist to remain in custody for two days, as police investigators examine a complaint by an elderly patient who thought she had her uterus removed by the suspect but later learned it never happened...

1070. Europe late in growing up

As the Indo-Pacific security alliance between the United States, Britain and Australia demonstrated, the international geopolitical landscape is changing in rapid and unforeseeable ways....

1071. Christos Stylianides sworn in as Minister

Greek Cypriot Christos Stylianides was sworn in today as the new Minister for Climate Change in Greece....

1072. Back to school again!

Amid the flurry of new requirements and safety measures, the first day of school went off without a hitch....

1073. Athens taps Cypriot ex-commissioner for Cabinet

The Greek government confirmed on Monday that former European Commissioner for Humanitarian Aid and Crisis Management, Christos Stylianides, will head the newly formed Climate Crisis and Civil Protection Ministry...

1074. EY and IIF survey shows climate change top concern for banks

1075. KPMG and CIM offered 2 academic scholarships

1076. Limassol crypto provider says imposter stole 35 million

A Cypriot resident who owns a blockchain service provider says his company was targeted by cyber criminals who managed to steal tens of millions in cryptocurrency simply by sending a message on a popular social app...

1077. EY: CEOs understand transformation cannot be put off following COVID-19 pandemic

More than two-thirds (68%) of CEO respondents from the world’s largest companies say that they plan to take on a major investment in data and technology over the next 12 months, while 61% plan to undertake a major transformation initiative over the same period, according to the global EY CEO Imperative Study 2021. ...

1078. EY acted as lead advisor to the Government of the Republic of Cyprus for the re-development of the Larnaca Port and Marina area

The Strategy and Transactions team of EY Cyprus undertook a lead financial advisory role on behalf of the Ministry of Transport, Communications and Works (“MTCW”) of the Republic of Cyprus in the successful completion of the transaction for the re-development of the Larnaca Port and Marina area between the Government of the Republic of Cyprus and Kition Ocean Holdings Ltd. ...

1079. Cyprus ‘out of sequence’ as daily cases jump

The Cypriot government’s health advisory team has been summoned back to the Presidential Palace following a huge spike of daily COVID cases over the weekend, with critics pointing fingers to the alienated squad as frustration continues to grow over the management of the pandemic...

1080. ECB tells Cyprus lawmakers to get it right

Elizabeth McCaul, Member of the Supervisory Board of the ECB, advised caution over possible amendments to the Cyprus foreclosure law stressing that 'such policies can also backfire and destabilize the banking sector if designed in a haphazard manner'...