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661. TechIsland Appoints Ugne Buraciene, Group CEO of payabl. to the Board of Directors

TechIsland, Cyprus's leading tech association, is proud to announce that Ugne Buraciene, Group Chief Executive Officer of payabl., will be joining its Board of Directors, effective 4th October 2023....

662. Turkish Cypriot crossing points take center stage

In a striking development, 2023 has seen an extraordinary increase in crossings through checkpoints in Cyprus, as revealed by reports in the Turkish Cypriot press....

663. Deloitte continues to foster trust through transparency

Deloitte Cyprus issued its 12th Audit Transparency Report for the year ending 31 May 2023. The report provides an in-depth analysis on how the firm embraces its responsibilities to its clients, people, society, and the market, with the highest quality standards. ...

664. Inflation fears and green investments

The European Central Bank (ECB) has revised its inflation forecast upward, now predicting that inflation will reach 5.6% in 2023 and 3.2% in 2024. ...

665. Violent clashes between tenants and property owners as rents spike 700%

A craftsman in Turkey, who has been diligently paying rent for two decades, now finds himself threatened with eviction due to an unexpected rent increase of nearly 700%. His monthly rent has surged from 3,200 Turkish lira (110 euros) to a staggering 25,000 lira (867 euros)....

666. E-kalathi takes on soaring fuel and food prices

The ongoing debate within the House Commerce Committee regarding the Retail Price Recording and Monitoring Bill has become both tiresome and contentious....

667. €5,600 in funding for tourism enterprises

In celebration of World Tourism Day, the Cyprus Chamber of Commerce and Industry reaffirms its commitment to supporting Cypriot tourism businesses on their journey toward sustainability. ...

668. Cablenet and COSMOTE TV kick off exclusive Cyprus Football League broadcast

Cablenet and COSMOTE TV have announced their collaboration to exclusively broadcast the top matches of the Cyprus Football League in Greece....

669. Christodoulides takes on migration, housing, and traffic head-on

Migration, housing and traffic are the subjects the President of the Republic, Nikos Christodoulides focuses on, aiming for immediate and effective resolution, he said, speaking at the regular meeting of the Board of Directors of Cyprus Employers and Industrialists Federation (OEB) in Limassol on Wednesday afternoon....

670. Loans gain €8.5 million momentum

Total loans in August recorded a net increase of €8.5 million, following a significant decrease of €100 million the previous month. Meanwhile, for a second consecutive month, deposits saw a net decrease, amounting to €175.5 million....

671. Foreign buyers flock to Cyprus real estate

Recent data on property sales in Cyprus reveal distinct trends in different provinces. Notably, the real estate landscape in Nicosia contrasts sharply with that of coastal provinces....

672. California takes bold step towards gender-neutral school bathrooms

California Gov. Gavin Newsom has signed a law requiring K-12 schools to provide gender-neutral bathrooms by July 2026....

673. Cyprus endorses bold auto rules for health and industry

Cyprus supported the compromise proposal put forward by the Spanish Presidency of the EU Council on the proposed Euro 7 regulation, during a meeting of the EU Competitiveness Council in Brussels, on Monday, with the permanent secretary of the Ministry of Energy, Marios Panayides, stressing that the new rules should protect human health while ensuring the competitiveness of the automotive industry....

674. Nearly €158,000 in fines imposed for undeclared and illegal Labor

In a series of targeted measures and inspections by the Ministry of Labour and Social Insurance and the Ministry of Interior, 204 illegal workers and 98 undeclared workers were found to be working at businesses, and as a result, administrative fines of €157,900 were issued against these companies....

675. New level of professional coaching in Cyprus

ICF Cyprus Chapter has opened its doors in Cyprus as a chapter of the International Coaching Federation. ICF is the leading global organization of 62,000-plus professional personal and business coaches....

676. E-kalathi bill sparks debate in Parliament

During yesterday's session of the Parliamentary Committee on energy and trade, the debate shed light on a crucial aspect of the E-kalathi bill. It became evident that there are lingering disagreements among stakeholders and the majority of MPs on this issue. ...

677. Consumers revolt as rising prices trigger surge in complaints

In recent months, the Pancyprian Consumers Association has been inundated with consumer complaints, particularly following the reinstatement of excise duty on fuel and the termination of electricity subsidies. ...

678. EY achieves record global revenue of nearly $50 billion

EY reports record global revenue results of just under US$50b...

679. K. Treppides & Co Ltd: Cyprus financial market recovery or impending closure? Uncovering hidden risks

680. AKEL blasts government amid rising bank profits

The political party AKEL has voiced its discontent with the government's handling of economic issues, particularly in light of the recent decision to raise interest rates for the tenth time....

681. Oregon's magic mushroom trials draw thousands

Psilocybin tea, wind chimes and a tie-dye mattress await those coming to an office suite in Eugene to trip on magic mushrooms....

682. 90% winter flight schedule boosts tourism hopes

Airlines based in Cyprus are planning to operate 90% of their flights during the upcoming winter season, as revealed by Maria Kouroupi, the Director of Communications and Marketing at Hermes Airports, in an interview with "K." ...

683. CEO confidence in artificial intelligence tempered by social, ethical and security risks

CEOs globally are embracing opportunities created by AI, but also remain wary of unknown, unintended consequences, according to the findings of the latest EY CEO Outlook Pulse survey. ...

684. Storm damages businesses along Paphos seafront

Businesses along Paphos' Poseidon Avenue seafront incurred damage during Monday's brief storm....

685. Confronting racism and the far-right threat

The awful attacks on migrants, refugees, and others in Chloraka and Limassol were not sudden but rather a predictable continuation of a long-standing problem....

686. payabl. backs fastest growing tech event in Cyprus

payabl. announced as the Platinum Partner for Reflect Festival 2023...

687. Cyprus universities under fire for failing to denounce extremist violence

After the troubling events in Chlorakas and Limassol, where right-wing extremists carried out violent acts, have you heard any teachers' unions speak out against these incidents?...

688. EU Commission's roadmap for seamless social security services

European Commission has proposed concrete steps to further digitalise the coordination of social security systems in Europe, in a dedicated Communication....

689. Cash-only trend grows amid rising inflation in occupied territories

The prevalence of merchants and shopkeepers unwilling to accept credit cards is on the rise in the occupied territories, warns columnist Jenq Mutluyakali in a Yeni Dusen article....

690. Limassol riot sparks outrage as 13 suspects face scrutiny

In the wake of racially charged riots that roiled the coastal city of Limassol last week, significant developments in the legal proceedings have underscored the gravity of the situation....