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211. Strengthening Cyprus' anti-aircraft umbrella high on the Ministry of Defence agenda

An in-depth study of proposals submitted by various countries for the procurement of a system that will strengthen the Republic’s anti-aircraft umbrella was completed by the Ministry of Defence, according to information obtained by the Cyprus News Agency (CNA)....

212. Teddy Sagi's Playtech embroiled in takeover battle

Israeli billionaire Teddy Sagi, the founder of Playtech, declined to comment on the withdrawal of Eddie Jordan's potential bid for the online gambling company he founded back in 1999....

213. Feeding your dogs insects can help fight climate change

Many pet owners reflexively bark “No!” when their dog or cat prepares to feast on a bug. But despite what scientists call the “yuck factor,” insects could be a sustainable secret ingredient for the booming pet food industry....

214. More foreign banks come to Athens

Big global banks are planning to open branches in Athens next year, while other lenders are expanding their existing banking activity in Greece...

215. Former Finance Minister Michalis Sarris new president of AstroBank

Mr. Michalis Sarris, former Minister of Finance, assumes the chairmanship of the Board of Directors of AstroBank....

216. The historic Athens Hilton will have a new name in 2024

The historic Hilton hotel in the center of Athens is changing its name. From 2024 it will be known as Conrad after the new agreement signed by the Hilton Group and the Ionian Hotel of the Konstantopoulos family....

217. KPMG in Cyprus partners with Salesforce

KPMG in Cyprus signed a partnership agreement with Salesforce and became the 20th Member Firm to officially join the KPMG Salesforce ecosystem....

218. The 30th Auction of Greek and Cypriot Artworks

219. US Representatives oppose F-16 sale to Turkey

A total 41 members of the US House of Representatives have sent a letter to Secretary of State Antony Blinken opposing the sale of F-16 fighters to Turkey....

220. 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. ...

221. New measures to attract new businesses and property purchases

The day before yesterday, YPOIK announced a new support package aimed at attracting foreign companies to operate in Cyprus....

222. New types of COVID vaccines and alternative therapies

It's only a matter of time before Cyprus finalizes orders of new COVID vaccines and therapies. ...

223. 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...

224. Greece braces for tension with Turkey

The prospect of Turkish President Recep Tayyip Erdogan “testing” the freshly ratified Greek-French agreement, by escalating tensions in the Aegean or in the Eastern Mediterranean, is worrying Athens....

225. 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....

226. Greece-France defense agreement for new frigates

Greece-France defense agreement for the acquisition of new frigates and corvettes for the needs of the Navy, is expected to be announced tomorrow, ending a multi-year standstill...

227. Erdogan says Turkey plans to buy more S400

President Tayyip Erdogan said Turkey still intended to buy a second batch of S-400 missile defense systems from Russia, a move that could deepen a rift with NATO ally Washington and trigger new US sanctions...

228. 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. ...

229. Cyprus wants clean slate in naturalizations

The government in the Republic of Cyprus has laid out a new blueprint for naturalizations of foreign investors and skilled immigrants, pointing to a departure from the country’s disgraced golden passport scheme while respecting the EU position on citizenship criteria...

230. 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....

231. Greece’s significant air power projection

Greece’s military procurement program – a thorn in Turkey’s side, described by its defense minister, Hulusi Akar, as “provocative” – is back at the fore, after the recent briefing in Parliament about the navy’s acquisition of 44 torpedoes for its Type 214 submarines....

232. International Luxury Property and Residency Conference

233. 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. ...

234. 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'...

235. No fly on the wall during Brussels meeting

Greek Prime Minister Kyriakos Mitsotakis and Turkish President Recep Tayyip Erdogan meet Monday in Brussels where they are attending a NATO Summit, with reports saying the two leaders at some point plan to have only their interpreters in the room...

236. Blinken: differences with Turkey are no secret

US President Joe Biden will raise the issue of Turkey’s activities in the Eastern Mediterranean during his upcoming meeting with Turkish President Recep Tayyip Erdogan, US Secretary of State Antony Blinken said during a Senate Foreign Relations Committee hearing on Tuesday...

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

238. 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...

239. Turkey reportedly purchases fourth drillship

Turkish media on Tuesday were reporting the purchase of a fourth drillship by the government in Ankara....

240. Turkey hopes to turn new page with US, EU in 2021, Erdogan says

President Tayyip Erdogan said on Wednesday that Turkey hopes to “turn a new page in its ties with the United States and European Union, and that Ankara had been subjected to “double standards” by both its NATO ally Washington and the bloc....