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12° Nicosia,
20 July, 2024
 

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Displaying results 1-30 of 249 matches for query accounting.

1. Over 1.65 million visitors mark a 2.4% increase in Cyprus tourism

https://knews.kathimerini.com.cy/en/business/over-1-65-million-visitors-mark-a-2-4-increase-in-cyprus-tourism

Tourist arrivals in Cyprus surged past 1.65 million in the first half of 2024, marking a 2.4% increase from the previous year, according to the Statistical Service of Cyprus (CyStat). The influx of visitors in June, the start of the summer season, rose by 5.5% compared to June 2023....

2. Cyprus has a long way to go when it comes to EV's

https://knews.kathimerini.com.cy/en/news/cyprus-has-a-long-way-to-go-when-it-comes-to-ev-s

Cyprus lags behind the rest of the European Union in the adoption of battery electric vehicles (BEVs), according to data from the European Alternative Fuels Observatory (EAFO). While growth is noted and targets seem achievable, the country's rate of electric car use remains among the lowest in the EU....

3. Government clears €564.2 million in outstanding debts

https://knews.kathimerini.com.cy/en/news/government-clears-€564-2-million-in-outstanding-debts

The General Accounting Office of the Republic announced that a significant sum of €564.2 million has been cleared by the government from November 2013 to April 2024. This extensive effort aims to address outstanding debts owed to various government departments and agencies....

4. DISY cautions against indirect AKEL support

https://knews.kathimerini.com.cy/en/news/disy-cautions-against-indirect-akel-support

As Cyprus gears up for the upcoming elections, the focus among party insiders has shifted to what will secure victory for the traditional parties and their leaders and what factors will influence voter turnout. ...

5. Cyprus ship management revenue up despite global challenges

https://knews.kathimerini.com.cy/en/news/cyprus-ship-management-revenue-up-despite-global-challenges

Revenue from Cyprus' ship management industry rose by 2.4% in the second half of 2023, despite facing significant global challenges such as rising freight costs and geopolitical tensions, including disruptions in the Red Sea by Houthi forces....

6. Cyprus pledges to plant 100,000 trees annually to combat climate change

https://knews.kathimerini.com.cy/en/news/cyprus-pledges-to-plant-100-000-trees-annually-to-combat-climate-change

The Ministry of Agriculture, Rural Development, and Environment has introduced a series of ambitious green initiatives......

7. Banking sector's pledge to environmental transition

https://knews.kathimerini.com.cy/en/news/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....

8. Home prices surge in Q4 2023

https://knews.kathimerini.com.cy/en/news/home-prices-surge-in-q4-2023

House prices in Cyprus continued their upward trajectory in the fourth quarter of 2023, with apartment prices being the primary driving force, as per a report released by the Central Bank of Cyprus on Tuesday....

9. Few coal plants to survive stricter US regulations

https://knews.kathimerini.com.cy/en/news/experts-predict-few-coal-plants-to-survive-stricter-us-regulations

New climate rules imposed by Joe Biden’s administration requiring huge cuts in carbon pollution from coal-fired power plants will accelerate the decline of an industry that until recently provided most of America’s power, experts say, potentially even dealing a death blow to coal in the US....

10. There's no stifling the Cypriot's wanderlust

https://knews.kathimerini.com.cy/en/business/there-s-no-stifling-the-cypriot-s-wanderlust

Are you ready to embark on a journey with the spirited travelers of Cyprus? Hold on to your hats as we delve into the adventurous spirit of Cypriots and their passion for exploration!...

11. Spain to end ''golden visa'' scheme for real estate investment

https://knews.kathimerini.com.cy/en/news/spain-to-end-golden-visa-scheme-for-real-estate-investment

Spain's Prime Minister, Pedro Sanchez, announced the discontinuation of the ''golden visa'' scheme, which grants residency rights to foreigners investing in real estate....

12. Deloitte reveals steady surge in Cyprus real estate transactions

https://knews.kathimerini.com.cy/en/news/deloitte-reveals-steady-surge-in-cyprus-real-estate-transactions

Deloitte issued the Cyprus Real Estate Review, which presents an in-depth analysis of the real estate market in 2023....

13. Fortifying digital banks and battling cyber threats

https://knews.kathimerini.com.cy/en/comment/opinion/fortifying-digital-banks-and-battling-cyber-threats

The period we are going through raises serious concerns about the security of critical digital infrastructures. Among these, the most significant are those of banks, and in this direction...

14. KEDIPES pays state €140M in largest quarterly sum yet

https://knews.kathimerini.com.cy/en/news/kedipes-pays-state-€140m-in-largest-quarterly-sum-yet

In the largest quarterly cash repayment to the state since its inception in 2018, totaling €140 million, the Board of Directors of KEDIPES decided to proceed for the first quarter of 2024. ...

15. Peek into February 2024's hottest real estate deals

https://knews.kathimerini.com.cy/en/business/peek-into-february-2024-s-hottest-real-estate-deals

Ask Wire, a company blending real estate expertise with technology, has compiled and published data on the 10 most expensive real estate transactions completed in February 2024 and the total value of the top 10 sales by province....

16. Understaffing woes grip Cyprus' Shipping Deputy Ministry

https://knews.kathimerini.com.cy/en/news/understaffing-woes-grip-cyprus-shipping-deputy-ministry

Cyprus' public sector, particularly the Ministry of Shipping, continues to grapple with significant understaffing issues, raising concerns about operational effectiveness....

17. Tourist arrivals rise by 5% in February

https://knews.kathimerini.com.cy/en/business/tourist-arrivals-rise-by-5-in-february

Tourist arrivals in Cyprus saw a notable uptick in February 2024 compared to the same period in the previous year, according to data released by the Cyprus Statistical Service on Tuesday. The total number of arrivals reached 125,034, marking a 5% increase from February 2023's figure of 119,081....

18. Unemployment rate drops while inflation inches up

https://knews.kathimerini.com.cy/en/news/unemployment-rate-drops-while-inflation-inches-up

The latest data from the Cyprus Statistical Service reveals a positive shift in the country's economic landscape, with the unemployment rate falling to 5.9% in the fourth quarter of 2023, compared to 6.9% in the same period the previous year....

19. Why marriage shouldn't be the answer to €2B loans

https://knews.kathimerini.com.cy/en/comment/opinion/why-marriage-shouldn-t-be-the-answer-to-€2b-loans

In 2023, Cyprus secured a substantial loan totaling €2.02 billion from the Bank of Cyprus, earmarking €510 million specifically for housing initiatives. ...

20. Cyprus energy project stalemate continues amid diplomatic efforts

https://knews.kathimerini.com.cy/en/news/cyprus-energy-project-stalemate-continues-amid-diplomatic-efforts

The month-long stalemate in the Republic of Cyprus' largest energy project remains unchanged, with Nicosia striving to avoid terminating the contract with the project consortium. Despite inactive communication channels, the government seeks to rekindle relations through the Chinese embassy in Nicosia....

21. Pillar two readiness and technology

https://knews.kathimerini.com.cy/en/business/pillar-two-readiness-and-technology

As per our previous publications and alerts, we had the opportunity to communicate a significant development - the introduction of BEPS 2.0 Pillar Two or Global Minimum Tax. The European Union unanimously adopted a directive in December 2022 (the ''Minimum Tax Directive''). ...

22. Cyprus sees an 18.2% rise in crime cases in 2022

https://knews.kathimerini.com.cy/en/news/cyprus-sees-an-18-2-rise-in-crime-cases-in-2022

The number of true crime cases reported to the Police rose by 18.2% in Cyprus in 2022, with the Crime Index expressed in 100,000 inhabitants rising to 584 from 501 in 2021 and 482 the year before. ...

23. Deloitte Academy's impact spreads from Cyprus to Kenya

https://knews.kathimerini.com.cy/en/business/deloitte-academy-s-impact-spreads-from-cyprus-to-kenya

The Head of Deloitte Academy, Christina Themistocleous, travelled to Nairobi, Kenya with the goal to offer voluntary work and help students achieve their ambitions and reach their full potential....

24. EY seminar explores green tax impact on businesses

https://knews.kathimerini.com.cy/en/business/ey-seminar-explores-green-tax-impact-on-businesses

EY Cyprus Academy of Learning and Development Organized a Seminar on Sustainability and Green Taxes Affecting Business – As – Usual: The EU Role of Cyprus. ...

25. Government official salaries surge up 17% in 5 years

https://knews.kathimerini.com.cy/en/news/government-official-salaries-surge-up-17-in-5-years

Over the past half-decade, the salaries of government officials have surged by a notable 17%, shedding light on the expanding state payroll. ...

26. EY Cyprus welcomes two new partners to power growth

https://knews.kathimerini.com.cy/en/business/ey-cyprus-welcomes-two-new-partners-to-power-growth

EY Cyprus is pleased to announce that its leadership team has been strengthened with the addition of two new partners....

27. Hungary's economy targeted in EU retaliation plan

https://knews.kathimerini.com.cy/en/news/hungary-s-economy-targeted-in-eu-retaliation-plan

In a tense diplomatic standoff, officials in Brussels have allegedly devised a clandestine strategy aimed at Hungary's economy should Prime Minister Viktor Orbán persist in blocking a €50 billion support package for Ukraine....

28. Iran-backed attack claims lives of three US service members

https://knews.kathimerini.com.cy/en/news/iran-backed-attack-claims-lives-of-three-us-service-members

In a tragic development, three U.S. service members lost their lives, with at least 34 others wounded, in a devastating drone attack orchestrated by Iran-backed militants on U.S. troops stationed in northeastern Jordan, close to the Syrian border....

29. China threatens to sever business ties with Iran over ship attacks

https://knews.kathimerini.com.cy/en/news/china-threatens-to-sever-business-ties-with-iran-over-ship-attacks

Recent diplomatic talks between Chinese and Iranian officials have brought to light China's pressing concern over Houthi attacks on ships in the Red Sea, allegedly backed by Iran....

30. How state members earn in semi-governmental boards

https://knews.kathimerini.com.cy/en/comment/opinion/how-state-members-earn-in-semi-governmental-boards

The monthly income for the president/member of a semi-governmental organization, derived from participating in the organization's sessions, averages around €400 to €500....

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