Search

31. 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. ...

32. Cyprus watches closely as U.S. election stays too close to call

Cyprus has been on edge overnight, closely watching the unfolding U.S. presidential election. As vote counts continue in critical states, the race remains too close to call....

33. White House locks down with fences and barricades ahead of Election Day

With Americans casting their votes on Tuesday, fears of civil unrest are surging as a razor-thin presidential race between incumbent Donald Trump......

34. Understanding Consumer Decision-Making: An LCI Masterclass at UNIC

The University of Nicosia is offering a masterclass titled "Get In Your Customer’s Mind," as part of its "Life Changing Ideas" executive training series. This session, led by Dr. Pantelis Solomon, delves into consumer psychology and decision-making....

35. BoC Fintech Hackathon 5.0: Fintech Ideas that can change the world!

The number of registrations exceeded all expectations since more than 200 people and more than 25 teams participated....

36. Will we choose unity or division?

Today, as Americans head to the polls, I find myself reflecting on what my country means to me, even from my home here in Cyprus. I was born in Phoenix, Arizona (a largely Republican-leaning state), to a Filipino mother and an American father with British roots, ...

37. Greek-American community in Queens divided as US election stirs deep tensions

In Astoria, Queens—a long-standing Greek-American hub—the upcoming U.S. election has created deep rifts in a typically tight-knit community....

38. Cyprus achieves record €4.7 billion in exports, continuing years-long growth

Minister of Energy, Commerce and Industry George Papanastasiou praised the expanding momentum in the Cypriot export activity, stressing that in 2023 exports rose by an annual 38% continuing their steady rising trend of the past years....

39. TGI Fridays files for bankruptcy to keep brand afloat

TGI Fridays, the American casual dining brand famous for its lively atmosphere and happy-hour tradition, has filed for Chapter 11 bankruptcy protection as it grapples with the lingering impacts of the COVID-19 pandemic....

40. Cyprus government revisits foreign investment control amid hospital takeovers

The foreign investment control (FDI) bill, often referred to as the ''Lonestar'' bill, has resurfaced in Cyprus, prompting fresh discussions about foreign ownership of critical sectors, according to a report by Panayiotis Rougalas in this Sunday's Kathimerini. ...

41. New York achieves solar power milestone a year early

New York has reached its target of 6 gigawatts of solar power one year ahead of its 2025 goal, state officials announced recently. ...

42. Cypriot residents' travel spending hits €2.23 billion in 2023

Total travel spending by Cypriot residents, both within Cyprus and abroad, reached €2.23 billion in 2023, marking an 8.4% increase from 2022....

43. EU investigates TEMU over unsafe products and addictive tactics

The European Union is investigating the popular shopping app Temu over concerns that it may be allowing unsafe products on its platform and using potentially addictive features to keep users hooked. ...

44. Experts urge creation of Cyprus Digital Development Organization to drive reform

Cyprus has long sought to drive digital reform across various ministries, agencies, and central administration, but these efforts have largely fallen short....

45. Cyprus plans €10,000 cash limit to fight money laundering

According to Kathimerini's Pavlos Neophytou, the Cyprus government is considering a new law to cap cash transactions at €10,000 for buying goods and services, aiming to crack down on money laundering. ...

46. Cyprus gains investor confidence as economic reforms and US ties bolster growth

International investors have shown sustained confidence in Cyprus’ economy and business ecosystem, recognizing the country as a stabilizing force in the region......

47. Greek retailer Praktiker Hellas considers Cyprus expansion

The Greek home improvement chain Praktiker Hellas is exploring a potential expansion into Cyprus, according to Kathimerini's Dorita Yiannakou....

48. Ex-Transport Minister and associates headed for trial

Former Transport Minister Marios Demetriades and nine other individuals, including his relatives and two companies, are set for trial in Cyprus’ top court on charges linked to the controversial Cyprus Investment Programme (CIP)....

49. Investment opportunities by AstroBank

AstroBank has listed for sale large residential plots in Paphos and other building plots in Nicosia and Famagusta....

50. Euronet remains only bidder in delayed JCC sale

The process for the sale of JCC Payment Systems, which began confidentially over the summer, appears to have hit a "snag," with Euronet as the only prospective buyer. ...

51. Cyprus faces financial imbalance as assets fall short of liabilities

As of December 2023, Cyprus' economy is navigating a complex financial landscape, with total assets in financial instruments reaching €869 billion. However, the country also faces a notable financial shortfall, with liabilities exceeding assets by about €29 billion....

52. Countdown to Black Friday: Tips to avoid scams

As Black Friday approaches on Nov. 29, businesses worldwide are gearing up for significant sales events. Recognized as the unofficial start of the holiday shopping season in the U.S. since 1952, Black Friday is observed on the fourth Friday in November, the day after Thanksgiving....

53. Cyprus Foreign Minister optimistic about upcoming US meeting

Foreign Affairs Minister Constantinos Kombos has stated that the upcoming meeting between the Presidents of the United States and Cyprus in Washington will hold significant symbolic and political weight. ...

54. Why Musk sees Trump as America’s business fixer

Elon Musk, the high-profile CEO of Tesla and SpaceX, has emerged as a vocal supporter of Republican presidential nominee Donald Trump......

55. Cyprus to launch 'National Sanctions Unit'

Cyprus is set to establish a new National Sanctions Implementation Unit (NSIU) in the coming year, aiming to improve how financial sanctions are enforced in the country....

56. Champions and Rebels Unite!

57. Norway’s billion-dollar man says Americans ''just work harder'' than Europeans

Norway’s ''billion-dollar man'' Nicolai Tangen, who manages Norway’s $1.6 trillion sovereign wealth fund, says America’s success over Europe comes down to one simple factor: Americans work harder....

58. Germany: €60 billion budget shortfall rocks Europe's largest economy

Germany’s tax revenues are projected to fall nearly €60 billion short of earlier expectations over the next five years, intensifying budget challenges for Chancellor Olaf Scholz’s government and straining the already fragile three-party coalition....

59. Cyprus achieves first A-level credit rating in major milestone

Scope Ratings has upgraded Cyprus's credit rating to A- from BBB+, marking the country's first A-level rating from a major credit agency....

60. Zelenskyy’s ''Make Russia Small Again'' t-shirt sparks Kremlin fury

Ukrainian President Volodymyr Zelenskyy stirred up strong reactions from Moscow after wearing a T-shirt with the bold slogan, ''Make Russia small again,'' during his nightly address on Wednesday. ...