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3361. Interior Minister says all have a duty to preserve Cyprus’ hard-fought reputation

We all have a duty to preserve Cyprus’ good name, Interior Minister Constantinos Petrides said on Thursday, adding that it took a lot of effort to reinstate the country’s fame under adverse circumstances....

3362. Cyprus plans to revoke passports after uproar

Cyprus said on Wednesday that it had started a process to strip 26 individuals of citizenship they received under a secretive passports-for-investment scheme, admitting it had flaws...

3363. Minister says Cyprus turned page on passports

Cyprus’s finance minister acknowledged on Tuesday that some mistakes were made in offering citizenship for investment after disclosures about beneficiaries triggered uproar on the Mediterranean island...

3364. Protection rackets behind Engomi shooting

Police are still looking for a main suspect in the Engomi shooting, while reports suggest the incident took place amid disputes over protection rackets...

3365. Engomi shooting suspect turns himself in

One of two prime suspects in the Engomi shooting has been arrested, with two local men already in custody and the Syrian gunshot victim still in extremely critical condition...

3366. Three locals wanted in Nicosia shooting

A man has been injured following a shooting incident outside a nightclub in Nicosia, with reports saying three suspects have been identified...

3367. EY climbs World’s Best Workplaces list

EY has been named the #1 professional services employer for the fourth consecutive year in Universum’s 2019 “World’s Most Attractive Employers” annual ranking – moving up one place on 2018 to become the second most attractive employer overall...

3368. Cops build case following vice raid

A married couple has been remanded in custody in connection with their involvement in an illicit massage parlour business where foreign women worked part-time offering erotic services to male clients including handjobs...

3369. Clocks go back this weekend

People in Cyprus got an extra hour of sleep Sunday morning, as clocks fell back to winter time on Saturday after midnight marking the end of Daylight Saving Time...

3370. MAP S.Platis joins forces with global firm FTI Consulting

3371. Four injured after man draws knife

A former employee at a courier service flew into a rage on Thursday, injuring himself and three others, including an ex cop, when he drew a knife during a heated argument over owed money in Strovolos...

3372. Anti-Money Laundering and Terrorist Financing Preventing Framework: Legislation Gaps

Over the last years, the EU has developed a solid regulatory framework for preventing money laundering and terrorist financing. However, these rules are not always able to capture the growing technological developments and potential gaps that can be exploited by criminals...

3373. PwC: Fear of automation greatest among those getting fewest opportunities to upskill

3374. Cambodia’s elite exposed through Cyprus

Golden visas are back in the news following reports that members of the Cambodian elite received or applied for Cypriot passports, with Reuters raising questions over the citizenship by investment programme...

3375. Financial Services towards Artificial Intelligence and Machine Learning

Artificial Intelligence in general and machine learning in particular, is not a new concept, but it is only in recent years that financial services firms have started to learn about and understand its full potential...

3376. Pompeo opts for diplomacy over Cyprus EEZ

The new defense deal signed between Athens and Washington will contribute to Greece’s security, US Secretary of State Mike Pompeo told Kathimerini in a recent interview, while staying firm on diplomatic efforts regarding Cyprus' EEZ...

3377. Maritime Cyprus kicks off in Limassol

Maritime Cyprus 2019 Conference kicks off Monday in Limassol with the participation of more than 800 shipping executives from around the globe...

3378. Attracting investments, relations with Turkey: A new chapter?

On a diplomatic level, the main event was Mitsotakis’ meeting with Turkish President Recep Tayyip Erdogan. The two leaders discussed all the major issues. Aside from the chronic Cyprus dispute, where the situation has become even more complicated following the discovery of gas deposits, one of the most pressing issues at the moment is migration. ...

3379. Johnson vows to stay put to hit Oct. 31 Brexit deadline

Boris Johnson said on Sunday he would not quit as Britain’s prime minister even if he fails to secure a deal to leave the European Union, insisting only his Conservative government can deliver Brexit on Oct. 31. ...

3380. President flies back amid criticism

The president of the Republic of Cyprus flew back to Larnaca on Monday following a private plane incident in New York, while political opponents are seeking clarification over his travel arrangements...

3381. Hellenic Bank posts profit of €59.1 million in first half of 2019

The Hellenic Bank has announced that it has posted a profit of €59.1 million after tax in the first half of this year with CEO Yiannis Matsis noting that the results reflect part from the benefits from the acquisition of the operations of former Cyprus Cooperative Bank. ...

3382. K.Treppides & Co Ltd: Time Value of Money

What if a close friend asks today to borrow 1,000EUR with the precondition to repay the exact same amount in five years? Would you take the deal or not?...

3383. Cyprus and North Macedonia closer together

The establishment and development of bilateral relations between the Republic of Cyprus and the Republic of North Macedonia were the focus of a meeting which the President of Cyprus, Nicos Anastasiades, had on Tuesday, in New York with the Prime Minister of North Macedonia Zoran Zaev, on the sidelines of the UN General Assembly session. ...

3384. How will digital shape your future?

As technology evolves to support more and more of our everyday lives, it’s natural to wonder what’s in store for the future. How will it affect your life and career?...

3385. Thomas Cook crash is dry run for Brexit failures

Social historians will mourn the demise of the world’s oldest travel company, founded by a Baptist carpenter in northern England in 1841; their corporate counterparts will not. With more than 500 high street outlets, Thomas Cook demonstrated a stunning inability to adapt to changing travel habits. The rise of budget airlines and disruptors like Airbnb combined with the weak pound and the unusually hot summer of 2018 to kill off the company which had suffered a near-death experience in 2011. ...

3386. Cyprus hotels to take a €60 million hit as thousands stranded by Thomas Cook collapse

Officials at the Deputy Ministry of Tourism are scrambling to ascertain the impact of the collapse of Thomas Cook on the Cypriot hotel industry. ...

3387. Thomas Cook goes bust

The world’s oldest travel firm Thomas Cook collapsed on Monday, leaving hundreds of thousands of holidaymakers stranded around the world including Cyprus ...

3388. Britain's Thomas Cook scrambles for £200 million to avert collapse

Britain’s Thomas Cook needs to find an extra 200 million pounds to satisfy its lenders or one of the world’s oldest holiday company risks collapse, potentially stranding thousands of holidaymakers across Europe. ...

3389. Rights of Cypriot nationals secured after Brexit

The visit by the Secretary of State for Brexit Stephen Barclay to Cyprus on Wednesday is part of the UK Government’s engagement with EU member states “as the UK seeks to reach a deal with the backstop removed,” a DExEU spokesperson told the Cyprus News Agency in London...

3390. 'Get ready for Brexit' launches in Cyprus

The UK Government launched on Monday a major information campaign urging UK nationals living in Cyprus to get ready for Brexit on 31 October...