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211. Porsche Cyprus breaks stereotypes with the launch of the ''SHIFT project''

Porsche globally breaks stereotypes with an innovative strategy titled the ''SHIFT project''. In exactly the same direction, Porsche Cyprus and A.I. MOTOKINISI LTD are taking active action on the issue and join this international campaign in order to send a strong message to actively support women regarding what they can and are entitled to do in today's world. ...

212. Western businesses’ flight from Russia continues

Russia’s business rupture with the West grew wider Monday as Shell, General Motors and others announced plans to end or freeze their dealings with the nation after its invasion of Ukraine....

213. Cypriot NPLs unchanged in November

Total nonperforming loans (NPLs) in Cyprus’ banking sector saw no significant change in November 2021, reaching 4.24 billion euros from €4.26 billion the previous month, according to data released on Friday by the Central Bank of Cyprus....

214. Interest rates on corporate deposits are at a new low

Interest rates for corporate deposits fell to a new historical low, which in December 2021 stood at 0.02%, while the interest rate for household deposits remained unchanged at 0.06%....

215. Mayor says Cypriots let down in spy van case

Paphos Mayor Phedonas Phedonos says the Cypriot state let citizens down in the spy van case, suggesting it was settled with a fine and not a court trial to keep things hushed up...

216. CNP CYPRUS Group: offer of a large number of Complete Computer Systems, to the Ministry of Education

The era of the pandemic has clearly highlighted the importance of new digital technologies in many aspects of our lives. On the road to the future, digitalization is a top priority for society, the economy and the government....

217. A bank accidentally paid thousands of people more than $175 million on Christmas Day due to a technical glitch

Santander UK is trying to recoup about $175 million (130 million pounds) that it accidentally transferred to customers on Christmas Day....

218. Loan restructurings in the Cyprus reached almost €2 billion due to Covid

Loan restructurings in the Cypriot banking system edged close to €2 billion in the first ten months of 2021, marking the highest figure according to Central Bank of Cyprus (CBC) records which began in end-2014....

219. KPMG Cyprus supports Adopt a Family for Christmas

220. Cyprus to proceed with a tax reform in 2022

Cyprus will proceed with a tax reform next year, including the increase of corporate income tax and the introduction of green taxation with a view to achieving its environmental targets, Finance Minister Constantinos Petrides has said....

221. 100 square meters of history in the old town

Her love for vintage, her concerns for the environment, but also what she had seen working for one of the most famous high-end brands in the world, led Natasa Theodotou...

222. 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. ...

223. Cypriot banks to reduce costs

The President of the European Banking Authority speaks to "K"...

224. Facebook company changes name to Meta

Facebook Inc is now called Meta, the company said on Thursday, in a rebrand that focuses on building the "metaverse," a shared virtual environment that it bets will be the successor to the mobile internet...

225. Medochemie: Timeless Sponsor of World Heart Day Awareness campaign

For yet another year, Medochemie was the main sponsor of the Pancyprian Awareness Campaign for World Heard day....

226. ALPHAMEGA VIRTUAL RUN AS ONE 2021: Registration is now open!

The most fun running event of Cyprus returns for a second year in a row with a virtual edition, which allows us to run for our kids from every part of Cyprus! This year, ALPHAMEGA VIRTUAL RUN AS ONE 2021 will be held between 22 and 31 October 2021....

227. The City of London Is Hiding the World’s Stolen Money

In 1969, two years after the Cayman Islands, a British territory, passed its first law to allow secretive offshore trusts, an official government report struck an ominous note....

228. Cypriot minister picks tax battle on Twitter

Cypriot Finance Minister Constantinos Petrides lashed out at critics this weekend, saying his country was in favor of setting a global minimum tax for corporations despite not having signed on the dotted line...

229. 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....

230. K. Treppides & Co Ltd: Renewed European finance strategy and implementation of the action plan on financing sustainable growth

The European Commission adopted on 21 April 2021, a comprehensive package of measures to help improve the flow of money towards financing the transition to a sustainable economy, whereas these measures will be instrumental in reaching climate and environmental targets as well as vital for economic recovery from the COVID-19 pandemic. ...

231. Electronic Money and Payment Institutions launch professional association

ECOMMBX is proud to announce the establishment of the Association of Cyprus Electronic Money and Payment Institutions (ACEMPI), with a number of the company’s management team members among the new Association’s leadership....

232. 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. ...

233. No more apologies: Inside Facebook's push to defend its image

Mark Zuckerberg, Facebook’s chief executive, signed off last month on a new initiative code-named Project Amplify....

234. 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....

235. KPMG and CIM offered 2 academic scholarships

236. Minister says unvaccinated should pay up

Cypriot Health Minister Michalis Hadjipantela suggests vaccinated persons do not need to take rapid tests for Covid, adding those who choose to remain unvaccinated should now have to pay out of their own pocket to keep getting tested if they want to use Safe Pass...

237. EY: CEOs understand transformation cannot be put off following COVID-19 pandemic

More than two-thirds (68%) of CEO respondents from the world’s largest companies say that they plan to take on a major investment in data and technology over the next 12 months, while 61% plan to undertake a major transformation initiative over the same period, according to the global EY CEO Imperative Study 2021. ...

238. Cypriot president out of hospital after surgery

Cypriot President Nicos Anastasiades underwent spinal surgery on Friday, after the procedure came up casually during comments he had made to reporters about an imminent Cabinet reshuffle...

239. Yiolitis walks away with ‘clear conscience’

Cypriot President Nicos Anastasiades had no further comment but to thank outgoing Justice Minister Emily Yiolitis, who resigned Thursday following a barrage of bad publicity implicating her as the 'weakest link' in the administration ahead of an upcoming Cabinet reshuffle...

240. 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'...