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151. Alphamega Hypermarkets: More deliveries in less time

Alphamega Hypermarkets’ second distribution centre has been up and running for some time now, after being launched as part of the second phase of the Company’s e-commerce strategy. It is expected to help considerably in covering the demand island-wide for orders through the chain’s e-shop...

152. Bank of Cyprus offering voluntary retirement plans for up to 600 employees

The Bank of Cyprus is offering a Voluntary Retirement Plan to 500 - 600 employees of its employees in the hopes that it can reduce its number of employees in order to maintain profitability. ...

153. Public World Premiere of the GT4 ePerformance at the Festival of Speed

The all-electric Porsche GT4 ePerformance has begun its world tour at the internationally-renowned Goodwood Festival of Speed. The tour is intended to highlight the potential of the vehicle concept and the associated racing formats....

154. Bank of Cyprus Drives Sustainable Digital Innovation in Financial Services with Kyndryl

Kyndryl, the world's largest IT infrastructure services provider and Bank of Cyprus, the leading banking and financial services group in Cyprus, announced an agreement to expand their collaboration with a new five-year managed IT services program that advances the Bank’s ESG commitments through 2030, by supporting the Bank’s levels of service, giving access and visibility to its products to all stakeholders....

155. 'Batterygate': Millions of iPhone users could receive compensation

Millions of iPhone users could be eligible for payouts, following the launch of a legal claim accusing Apple of secretly slowing the performance of older phones. ...

156. Spanish airline Air Nostrum has just ordered a fleet of airships

As the quest for less environmentally damaging aviation continues, one Spanish airline has thrown its hat into the ring by ordering new hybrid airships -- which pack as much of a punch visually as they are said to do environmentally....

157. 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. ...

158. 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....

159. 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....

160. Cablenet and Plume fast tracking the intelligent home evolution in Cyprus

Cablenet, a leading Telecommunications provider in Cyprus, today announced the start of a new era in intelligent home services. ...

161. Fee free cash withdrawals at supermarkets and bakeries

Following an international trend, consumers in Cyprus will now be able to withdraw cash without a fee at participating supermarkets, bakeries, butchers and gas stations. The maximum withdrawal limit is set at 100 euros....

162. Glamping is on the rise, and hostels are coming soon

In January 2020, Airbnb's were officially allowed to operate in Cyprus, giving tourists an alternate mode of accommodation on the island in addition to hotels and hotel apartments....

163. Ikea to start selling solar panels in US stores

The popularity of solar has gone through the roof—and now IKEA is making it easier to install some panels on your roof....

164. Amsterdam airport calls on airlines to cut flights amid chaotic crowds

Staff shortages exacerbated by a strike have caused huge delays at Amsterdam's Schiphol airport during the holiday season. The airport has now asked airlines to reduce the number of passengers by cutting flights....

165. EY Survey: Growing sustainability risks put pressure on law departments

Law departments around the world are facing a rising tide of risks relating to sustainability, but they do not feel that business leadership fully understands the implications, and they require additional resources to manage them effectively, according to a new study from EY Law and the Harvard Law School Center on the Legal Profession....

166. Cyprus convicts ‘sex client’ on trafficking charges

A male customer who was apprehended during a raid at a suspected illegal brothel in Limassol last year has been sentenced to prison on trafficking and exploitation charges, after Cypriot lawmakers introduced tough but controversial legislation that criminalizes sex buyer behavior...

167. EY report: a resilient grid supported by digital solutions will underpin a successful transition to eMobility

Adoption of eMobility is not just an economic or environmental phenomenon, but a psychological one that hinges on widespread customer acceptance. The current pace of EV adoption is swift, with one- in- five vehicles sold in Europe during 2021 being electric. ...

168. EBO and KPMG Cyprus announce strategic partnership

EBO, a leader in customer engagement automation that empowers enterprises through AI technology enters into a strategic partnership with KPMG Cyprus, a leader in Management Consulting & Technology Advisory services offering assistance to organizations by identifying and solving the challenges that stand in the way of their growth and excellence....

169. Consumers to buy directly from automaker, not from dealer

Mercedes-Benz has reached an agreement with its European dealers to switch to a new dealership model, in which customers will buy directly from the automaker and not from the dealer, the German brand said....

170. Euler Hermes is now Allianz Trade

Todaymarks a new chapter in our story: Euler Hermes, the world leader in trade credit insurance, becomes Allianz Trade – a natural moveas we have been fully part of the Allianz Group since 2018...

171. K. Treppides & Co Ltd- Cryptocurrencies: Regulating cryptocurrency trading in Cyprus

172. Overcoming talent crunch and supply chain upheaval among biggest success indicators for tech in 2022

Increased volatility rising out of the evolving COVID-19 pandemic has led to a reshuffling of priorities for the global technology industry....

173. Cablenet, reports Double-Digit Growth for 2021

During 2021 revenue reached €53.5M, a healthy 14% growth over 2020. This double-digit growth in revenue was driven, largely by the significant growth in the overall Subscriber base, which recorded a 30% increase over the previous year. ...

174. Ten more years of roaming without additional fees

The EU will renew the “Roam Like At Home” scheme for another ten years, under plans adopted by Parliament on Thursday....

175. RCB shifts from banking to asset management

RCB Bank Ltd switches from banking to asset management, consequently phasing out its banking operations as of today....

176. RCB Bank invites depositors to withdraw their money

RCB Bank will invite its depositors to withdraw their money. According to Kathimerini sources, RCB Bank customers are expected to be able to either receive their deposits on hand or transfer them to other Cypriot banks....

177. Migrant citizenship racket in Greece busted

An investigating magistrate in the northern port city of Thessaloniki has received the findings of a police investigation into some 60 suspects for their role in an extensive bribery racket aimed at expediting the issuance or renewal of residence permits and facilitating the granting of citizenship to migrants....

178. New opening hours of NIPD Genetics Sample Collection Centers

179. Alexis Pantazis and Emilios Markou of Hellas Direct have been named EY Entrepreneurs Of The Year for 2022 in Cyprus

This prestigious award for entrepreneurs was presented for the first time in Cyprus. Winners will represent Cyprus at the EY World Entrepreneur Of The Year™ Awards in Monte Carlo, in June 2022 ...

180. We're all gonna die so here's a greener way to go

Back in January 2021, Covid created such a backlog of bodies at L.A. County morgues that the local air quality agency lifted air pollution limits on crematories so they could work extended hours....