Search

211. Global fintech market resilient in H1’22 - $107.8 billion in investment, according to KPMG’s Pulse of Fintech

Global fintech investment declined from $111.2 billion in H2’21 to $107.8 billion in H1’22, but remained remarkably resilient compared to historical trends given the challenges affecting the broader investment market, including geopolitical uncertainty, growing inflation, and increasing interest rates. ...

212. ECOMMBX opens new horizons enabled by its new banking agreement with Citi

ECOMMBX, a progressive Electronic Money Institution based in Nicosia, proudly announces that it has concluded a correspondent banking agreement with Citi, the world’s most global bank. This new collaboration delivers a range of benefits for both ECOMMBX as well as Cyprus, as a jurisdiction....

213. Third annual Comulis conference highlighted correlative imaging methods

Following the successful COMULIS Conferences in Austria and Sweden, The Cyprus Institute (CyI) hosted the 3rd Annual Conference of the COMULIS COST Action (Correlated Multimodal Imaging in Life Sciences; https://www.comulis.eu),...

214. A cat has nine lives. So does the Cyprus property market.

Where is the Cyprus property market heading? I have been asked this question countless times over the past three months, primarily from foreign investors who are trying to appreciate how the rise in inflation, increase in interest rates, and war in Ukraine is affecting local market dynamics....

215. EY Cyprus recognized by International Tax Review as National Transfer Pricing Firm of the Year for the fourth consecutive time

For the fourth consecutive year, EY Cyprus was named Transfer Pricing Firm of the Year by the International Tax Review (ITR) in recognition of the high-quality tax services offered. ...

216. Banks imposing stricter lending standards

Cyprus banks have tightened credit standards in the second quarter of 2022, while net new lending demand subsided, reflecting the geopolitical tensions and the uncertainty in the global economic environment, the Central Bank of Cyprus Bank Lending Survey for Q2 says....

217. KPMG Cyprus supports ‘Back to School Supplies for ALL children’

KPMG in Cyprus, in collaboration with the Pancyprian Volunteerism Coordinative Council (PVCC), actively participated in the campaign ‘Back to School Supplies for ALL children’...

218. Cabinet extends disbursement period of interest rate subsidy scheme

The Cabinet decided Monday to amend the interest rate subsidy scheme for housing and corporate loans to further support the economy amid the ongoing effects of the COVID-19 pandemic and the war in Ukraine....

219. Wizzair offers 100,000 free air tickets to Ukrainians flying across Europe

Just days after news broke that Wizz Air would defy current European conventions and start flying to Moscow again, the airline is extending another olive branch to Ukrainians who might be less than impressed at Wizz resuming Moscow flights....

220. EY and Hult International Business School announce new Masters in Sustainability, free for all EY people

The EY organization, in association with Hult International Business School, today announces a fully accredited Masters in Sustainability, dedicated to EY people (312,000) exclusively. It will be free of charge and available to all, regardless of rank, tenure or location....

221. Nexters reports record-breaking quarterly revenues of $126 million

Nexters, an international game development company headquartered in Limassol, today released financial and operational results for the first quarter of 2022 and announced the changes to the board of directors: ...

222. Three scenarios for Turkish provocations in the East Med

Preparations are done and the Turkish drilling rig Abdul Hamid Khan is ready to sail to its destination, according to informed sources, but the location is yet to be announced. ...

223. KPMG Limited and Georgiou, Iacovou & Co LLC announce the admission of the law firm Georgiou, Iacovou & Co LLC to the KPMG global network of member firms

KPMG Limited and Georgiou, Iacovou & Co LLC wish to announce the admission of the law firm Georgiou, Iacovou & Co LLC to the KPMG global network of member firms, as of 1 August 2022. The law firm will operate in the jurisdiction of Cyprus under the KPMG Law brand. ...

224. Lidl Cyprus has a strong presence at domestic award institutions

Lidl Cyprus received a total of sixteen awards in a wide range of business activity and innovation; notably at the impressive Cyprus HR Awards award ceremony, the Cyprus Responsible Business Awards and Cyprus Retail Excellence Awards as well as at the Cyprus BITE Excellence Awards....

225. Lidl continues to expand its stationary trade and now operates more than 12,000 stores internationally

Lidl continues to expand its operation in Cyprus and is opening a new store in Limassol on Thursday, July 28. ...

226. ECOMMBX earns Great Place to Work® Certification

ECOMMBX is proud to announce that it has earned the coveted Great Place to Work® Certification with flying score, which is likely to be among the top – if not the highest – scores for this year....

227. Lidl Food Academy in Limassol during the summer

Lidl Cyprus is organising a series of summer events in Limassol, in the aim of offering flavours of summer to its customers and friends, as well as to make this summer even brighter!...

228. Commando's death: The objections from two officers were ignored

There are many unanswered questions surrounding the death of commando Panagiotis Giannios, who, during a National Guard exercise, fell to his death from a helicopter in the Paphos area....

229. Deloitte opens up nominations for its accelerator for the Deloitte Accelerator for Social Innovation (DASI) awards

Deloitte has opened up nominations for its signature programme Deloitte Accelerator for Social Innovation (DASI) in the Middle East and Cyprus, providing social enterprises in the region with the opportunity to grow and scale their impact. ...

230. The end of an era as Revlon files for bankruptcy

The US cosmetics group Revlon has filed for bankruptcy protection after battling supply chain problems and failing to compete with celebrity-backed and social media-savvy upstarts....

231. Central banks across Europe jack up interest rates to fight inflation

Central banks across Europe raised interest rates on Thursday, some by amounts that shocked markets, and hinted at even higher borrowing costs to come to tame soaring inflation that is eroding savings and squeezing corporate profits....

232. MAP S.Platis Group Pioneers 32-Hour Work Week for Staff This Summer!

Following the success of its hybrid and flexible work schedule during the past two years, MAP S.Platis Group, a leading consulting, educational, and tech firm in the financial services and regulatory compliance sector in Cyprus, announces the launch of a four-day work week for its staff via its ‘Summer Afternoons’ programme....

233. Myth-buster: IFRS 17 an accounting standard for insurance contracts

As the title attests, this short article aims at busting the myth which states that IFRS 17 – Insurance Contracts is only relevant for insurers or for companies regulated as insurance entities. ...

234. EY announces 4 new Partners in Cyprus and welcomes new Head of Consulting

EY Cyprus Country Managing Partner, Ronald Attard, has welcomed the announcement of 4 new partners to the Cyprus practice....

235. The biggest scam in higher education - the master's degree

It's graduation season. Over the past couple of weeks, some 2 million college students have earned their bachelor's degrees and headed off to the next stage of their lives....

236. KPMG and CIM offer two scholarships

Corporate social responsibility and support to the community are both fundamental and guiding principles in KPMG Cyprus. ...

237. Global IPO market experiences significant slowdown in Q1 2022

238. Lidl Cyprus strengthens the Cyprus Red Cross for the 9th consecutive year

The amount of €45,500 was raised with the contribution of its customers, from the sales of Favorina products....

239. Talk of doing good rings hollow among global elite in Davos

If the rich don’t give a bit more today, they may have to give a lot more tomorrow. That was my conclusion from last week’s World Economic Forum in Davos....

240. Awards for Lidl Cyprus Human Resources Department

Once more, Lidl Cyprus proves to be a leading employer, constantly evolving and innovating while always remaining focused on people! At the 2021 Digital Marketing Awards ceremony, Lidl Cyprus received 4 awards as a result of the company's activities as Top Employer...