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31. Deloitte Cyprus issues its annual Transparency Report: Fostering resilience, creating enduring value

Deloitte Cyprus issued its 13th Transparency Report covering the period from 1 June 2023 to 31 May 2024. ...

32. Cyprus’ luxury resort tied to Russia’s $230M Magnitsky scandal

Cypriot police are close to completing an investigation into allegations connecting a luxury resort to one of Russia’s biggest financial scandals, the Magnitsky case, according to police officials....

33. Cyprus credit rating upgrade: A boon for investors, but what about citizens?

Cyprus has recently received good news from the credit rating agency Capital Intelligence (CI), which upgraded the country’s credit ratings, according to Kathimerinni's Dorita Yiannakou. ...

34. Cyprus' credit rating upgraded due to strong economy and lower debt

Rating Agency Capital Intelligence Ratings (CI) has upgraded Cyprus’ Long-Term Foreign Currency Rating (LT FCR) and Short-Term FCR (ST FCR) to ‘BBB’ and ‘A2’, respectively, from ‘BBB-’ and ‘A3’, maintaining a positive outlook....

35. Israel claims Hezbollah leader Nasrallah killed in airstrike

36. Freedom24 Reaches 300,000 Customers Milestone

We are thrilled to announce that the number of users on the innovative Freedom24 trading platform has surpassed 300,000. This significant achievement underscores our platform's technological superiority and the growing trust and confidence of our customers....

37. The Rise of Applied Regulatory Compliance: From Theory to Practice

As regulatory expectations continue to soar, it is clear that firms must shift from mere consultation to actionable compliance. ...

38. Tighter lending rules for businesses while household loans remain steady

Cypriot banks made it harder for businesses to get loans in the second quarter of 2024, while lending rules for households stayed the same, according to a new survey by the Central Bank of Cyprus (CBC)....

39. Erdogan pushes for recognition of occupied north at UN Assembly

Turkish President Recep Tayyip Erdogan urged the international community to recognize the Turkish Republic of Northern Cyprus during his address at the United Nations General Assembly on Tuesday....

40. Cyprus needs new strategy to grow winter tourism

According to an article written by Dorita Yiannakou in this Sunday's Kathimerini, this year has been a steady one for winter tourism in Cyprus, showing the sector’s strength despite various regional challenges....

41. BOC shares open at €4.78 on Athens exchange post-London exit

The Bank of Cyprus made its debut on the Athens Stock Exchange (ASE) today, following the delisting of its shares from the London Stock Exchange (LSE). ...

42. Germany’s hardline on Syrian deportations gives Cyprus green light for returns

In a landmark ruling, Germany’s Supreme Administrative Court in Munster has determined that some areas of Syria can now be considered "safe," despite the ongoing civil war....

43. CERA approves €125M for Cyprus-Crete power link

The Cyprus Energy Regulatory Authority (CERA) has approved an annual investment recovery of €25 million for the Cyprus-Crete electricity interconnection project, also known as the Great Sea Interconnector (GSI), covering the period from January 1, 2025, to December 31, 2029....

44. FTC accuses Meta of putting profits ahead of user privacy

A years-long study has uncovered that major social media and internet companies are involved in "mass surveillance" to capitalize on users' personal data, according to the U.S. Federal Trade Commission (FTC)....

45. Moody’s sees positive outlook for Hellenic Bank following Eurobank deal

Moody’s upgraded Hellenic Bank’s credit rating to Baa2 from Baa3 on Wednesday, citing the recent acquisition of a 56% stake by Eurobank S.A. The agency also revised the bank's outlook to positive. ...

46. Blinken pushes for Gaza cease-fire in Cairo

U.S. Secretary of State Antony Blinken arrived in Cairo early this morning as part of a lightning visit to Egypt, a key U.S. ally, to discuss efforts for a cease-fire between Israel and Hamas in Gaza, according to a correspondent from the French News Agency....

47. Minister backs Cyprus-Crete cable, RAEK to review

According to Apostolos Tomaras' article which was published in Kathimerini's Cyprus edition, Cyprus and Greece are poised to resolve lingering issues surrounding the electricity interconnection project between Cyprus and Crete......

48. Floods across Europe kill 16, evacuations intensify

Torrential rain and severe flooding in central and eastern Europe have claimed at least 16 lives, with numerous individuals still missing....

49. Behind the power games in DISY

Annita Demetriou, the current president of Cyprus's Democratic Rally (DISY) party, recently addressed speculation about her potential candidacy for the 2028 presidential elections, calling the discussion premature, ...

50. Cyprus' new national pastime: sitting in traffic

With the start of the new school year, parents were all looking forward to sending their kids off to school. Finally, a break from the chaos, right? ...

51. Bank of Cyprus moves from London to Athens stock exchange in major shift

In a series of significant moves, Cyprus's banking sector is undergoing notable changes this autumn....

52. Cyprus and Greece near deal on critical electricity interconnection project

The upcoming visit of Cypriot President Nicos Christodoulides to Athens on Wednesday could mark the end of months of uncertainty surrounding the Cyprus-Crete electricity interconnection project, according to a report by Apostolos Tomaras in Sunday's Kathimerini....

53. What makes a good salary across Europe's capitals?

What constitutes a good salary in Europe can vary greatly depending on several factors, including profession, education, and individual expectations. ...

54. Could Friday the 13th seal the deal for the Great Sea Interconnector?

Following a high-stakes meeting of the Presidential Council, optimism is increasing about the Cyprus-Crete electricity interconnection project. Despite tight-lipped negotiations since Tuesday, early reports suggest a deal might be reached by Friday, September 13....

55. Austria named world's most overcrowded tourist spot

Austria has been identified as the world's most overcrowded tourist destination, with nearly four tourists per resident....

56. 1st Women in STEM Cyprus Forum

Women in Tech® Cyprus and TechIsland are co-organizing the first Women in STEM Cyprus Forum, scheduled to take place on October 8th, 2024, at the Kolla Cultural Factory in Limassol. ...

57. Nicosia doctor faces trial for kidnapping and rape

A Nicosia doctor, accused of kidnapping, beating, and raping his former partner, is now facing a direct trial after being arrested by local authorities. The alleged assault took place on August 24 in a neighborhood of the capital, sparking a swift investigation by the Nicosia CID....

58. Electricity link faces delays as Cabinet postpones decision

At an extraordinary meeting tomorrow, the Cabinet will discuss the Cyprus-Crete electricity interconnection project and the agreement in principle reached between Athens and Nicosia last Monday. ...

59. AEGEAN announces a €25M Investment in Volotea

Aegean Airlines S.A. (''AEGEAN'') is pleased to announce an investment of €25M in Volotea S.L., one of Europe’s leading low-cost carriers based in Barcelona, Spain....

60. Hellenic Bank's profits surge amid higher lending rates

Hellenic Bank, Cyprus’ second-largest lender, has had a strong start to 2024, reporting a net profit of €189 million in the first half of the year—a solid 18% increase from last year. This boost in profit is mainly due to a 30% rise in interest income, driven by higher European Central Bank (ECB) interest rates....