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541. Cyprus, Egypt sign deal to speed up electricity grid linkage

An undersea cable linking the electricity grids of Cyprus and Egypt could be key to helping both countries transition to a green economy ...

542. Exness partners with Reflect Festival as key supporter

Limassol based multi-asset broker Exness, a continuous supporter of local and global events that promote technology and innovation, has announced its active support of the Reflect Festival, taking place on October 14, 15 & 16, in Limassol. The Reflect Festival is a future-focused event that puts Cyprus on the map of technology and innovation. ...

543. 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''....

544. 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....

545. 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. ...

546. EU and US convene in first Trade and Tech meeting

The United States and the European Union hope to discuss chip shortages, artificial intelligence and tech competition issues during the first Trade and Tech Council meeting this week,...

547. 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....

548. Fuel crisis deepens in the UK

The Association of Oil Retailers warned on Sunday night that now 50% to 85% of service stations in the UK (excluding motorways and supermarkets) have run out of fuel....

549. 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. ...

550. Global CEO confidence returns to pre-pandemic levels

CEOs of the world’s largest businesses are increasingly optimistic about the outlook for their own business and despite the Delta variant slowing down the ‘return to normal’, their confidence in the global economy has returned to levels not seen since the start of the pandemic....

551. Cyprus sees Far East wide open for tourism

Cypriot deputy tourism minister Savvas Perdios wants Gulf Air to keep the island in mind when expanding to Europe and America, hoping more connections would encourage Saudi visitors “from good stock” to pop up next door to Bahrain for a visitor visa to Cyprus...

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

553. Biden taps close advisor as energy plots thicken

US State Secretary Antony Blinken has appointed a businessman and former lobbyist as energy security envoy, signaling a new strategic focus in Washington in the aftermath of thorny geopolitics over Nord Stream 2 and unresolved issues relating to the eastern Mediterranean...

554. Tougher Safe Pass logic brought into question

The head of the government’s pandemic advisory committee says it is not up to health experts to justify political decisions such as tougher Safe Pass rules, but one of his colleagues defended tougher restrictions saying they had worked in the past during lockdown...

555. Cabinet flirts with Safe Pass across the board

The President's Cabinet in the Republic of Cyprus meets Friday to consider tougher rules that could place even small bakeries and mini markets off limits to people not using a Safe Pass...

556. 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. ...

557. Safe Pass law lets door greeters inspect ID docs

Business establishments in the Republic of Cyprus are now inspecting Safe Pass documents presented at the entrance by customers, who are also required by emergency law to show proof of identity when the employee at the door doubts the veracity of a person’s identity...

558. Safe Pass for supermarket made official

Grocery shoppers in the Republic of Cyprus may no longer shop at a supermarket if they do not have a Safe Pass, based on the latest decree published on Monday by the health ministry affecting all domains of social life in response to last week’s surge in daily infections...

559. Cyprus issues blanket rule for Safe Pass

Health Minister Michalis Hadjipantela announced stricter measures effective next Tuesday in the Republic of Cyprus, making Safe Pass a requirement across the board but questions still remained over supermarket, bakeries, and other shops selling necessity goods...

560. Cyprus tries to find footing in tourism chaos

Tourism deputy minister Savvas Perdios remained optimistic after a trip to Moscow, saying he hoped Russia would allow the resumption of chartered flights to destinations including Cyprus in a matter of weeks, but he also reiterated his position that all the efforts in Nicosia still depended largely on decisions in other capitals...

561. Cyprus et al kept off UK’s green list

A last minute Cypriot campaign in the United Kingdom to secure quarantine-free travel to the island failed to yield results on Thursday, after Britain’s choice to go the extra cautious route affected many countries, with the island now focusing on Russia, its second largest market, to keep summer hopes alive...

562. Cypriot minister vies for UK's green status

Cypriot deputy tourism minister Savvas Perdios has been trying to sway British officials towards including his country on the UK’s green list, following a recent improvement of the epidemiological situation on the island that could still be argued either way in London...

563. EY: Liquidity-fueled IPO markets break records in Q1 2021

564. Cyprus relaxes further as situation improves

The Cabinet in the Republic of Cyprus is moving forward with more relaxations, following further improvement of the epidemiological situation, but many places still remain off limits to those without a SafePass...

565. Cyprus introduces safepass

Cyprus is introducing a so called 'safepass' as of Monday, 10 May until the end of the month. Citizens no longer need to send an sms for their movements and the curfew is extended from 11pm until 05:00 the next day...

566. Cyprus ends lockdown with safe pass

A third lockdown in the Republic of Cyprus ended on Sunday as new measures went into effect Monday including a controversial safety pass, with the government betting on a slight improvement as it pushes for gradual return to normality...

567. EY Firepower 2021: life sciences M&A falls to one of lowest totals since 2014

EY Firepower 2021: life sciences M&A falls to one of lowest totals since 2014, as biopharmas refocus on alliances and bolt-on deals...

568. Cyprus offers no-hassle holidays for the fully vaccinated

Cyprus is offering hassle-free holidays to fully vaccinated individuals from 65 countries from May 10 as it seeks to recoup lost ground from the pandemic...

569. Cyprus open to fully vaccinated tourists

The Republic of Cyprus will open for fully vaccinated travelers without additional entry requirements starting May 10, a day after the end of a lockdown, with the tourism minister saying both EMA-approved vaccines as well as the Russian jab will be accepted...

570. We are committed to seeing EastMed through

Israel's cooperation with Egypt and the strengthening of relations with other Gulf states contribute to peace, while enabling Israel and Cyprus to work together with other friendly nations, Sammy Revel says in an interview with Kathimerini...