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181. TUI: Large demand for travel this summer

The tourist giant TUI gives optimistic prospects for this year's tourist traffic, which announced increased revenues of 2.37 billion euros in the first quarter of 2022, ...

182. Government portal to ease frustration delayed

A new digital government platform in Cyprus aimed at pulling sources from different agencies to deliver fast customer service is behind schedule, with officials pointing finger at internal procedures but remaining hopeful that the service will soon be up and running...

183. MONEYVAL: Cyprus makes some progress in the fight against money laundering

Cyprus has made some progress in the fight against money laundering and terrorist financing by partially complying with recommendations set out by the Financial Action Task Force (FATF), according to a report by the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism - MONEYVAL....

184. Netflix loses nearly $45 billion in market cap

Netflix dashed hopes for a quick rebound after forecasting weak first-quarter subscriber growth on Thursday, sending shares sinking nearly 20 percent and wiping away most of its remaining pandemic-fueled gains from 2020, just a week after raising prices by up to $2 a month....

185. New measures announced today by the Ministry of Health

New measures to deal with the spread of the coronavirus were announced today by the Minister of Health, Michalis Hadjipandela....

186. Supreme Court overrules judge in paid sex case

Two men in Cyprus accused of pimping and rape under a new trafficking law have been ordered to remain in pretrial detention after the attorney general appealed the release of all three defendants in the country’s first ever case, where paying for sex could land someone in prison...

187. How can banks use smart automation to improve customer service?

In all industries, there are often many tasks that require the attention of employees, but do not fully utilize their skills, such as archiving, entering data or replying to a routine email....

188. Bank of Cyprus to impose new and increased fees from February 15, 2022

Bank of Cyprus will be imposing new and increased fees by February 2022, adopting the general trend of the European banking sector of increasing bank charges to cover a reduction of income stemming from low interest rates....

189. Lawyer cries foul over ban on unvaccinated

A local lawyer is invoking European rules to argue the Cypriot government’s measure banning unvaccinated citizens from certain places is a violation of fundamental human rights, with health experts attributing decisions in the last few weeks to the Cabinet...

190. Restaurants shut doors over 'pandemic discrimination'

Many restaurant owners in the Republic of Cyprus are closing their doors to all dine-in customers to protest new government measures that exclude unvaccinated clientele...

191. Norway steps up efforts to curb omicron variant, teleworking will be mandatory

Norway will intensify restrictions and speed up vaccinations in an effort to stem the expected wave of the Omicron variant, Prime Minister Jonas Stere announced last night....

192. Three face trial in sexual exploitation of young female

Police say a young woman is accusing three men of sexual exploitation, with reports saying she has been transported to a safe house before a Nicosia judge ordered the suspects free on bail...

193. Moves to make banking faster

As part of the strategy to create faster, more flexible and efficient banking services, the Governor of the Central Bank of Cyprus (CBC), Mr. Konstantinos Herodotou,...

194. KPMG in Cyprus partners with Salesforce

KPMG in Cyprus signed a partnership agreement with Salesforce and became the 20th Member Firm to officially join the KPMG Salesforce ecosystem....

195. Divided Cyprus clears band for 5G across divide

A low frequency band that can deliver a better 5G experience to home users will be freed up on both sides of divided Cyprus, but the milestone agreement reached by the two communities could be overshadowed by ongoing 5G wars overseas...

196. Cypriot banks to reduce costs

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

197. Massimo Dutti Launches its online store in Cyprus

Massimo Dutti is pleased to announce the launch of its online store in Cyprus. The launch is scheduled on the 26th from 12am. Through www.massimodutti.com.cy and its mobile app (available on Google Play and the Apple App Store), the brand makes it easy for its customers to discover all the Massimo Dutti collections....

198. Cops bust marijuana grow in Limassol

Three persons in Limassol have been arrested following a raid at an abandoned shop where drug squad officers uncovered an elaborate grow operation of illegal marijuana...

199. Zara Home’s online store in Cyprus goes live today

Zara Home launches online sales in Cyprus today. With this launch, Zara Home is marking a new milestone in the steady expansion of its fully integrated store and online model across the universe of markets in which the Inditex Group does business....

200. Digital Agenda 2021 ends with a bang!

The second and final day of Digital Agenda Cyprus was more impressive with speakers bringing together ideas, predictions and discussions about the future of technology and what to expect during the post-pandemic era....

201. Outage highlights how vital Facebook has become worldwide

In Lima, Peru, the breakdown complicated dental technician Mary Mejia’s job. Like most Peruvian medical workers, she uses WhatsApp for a multitude of tasks, including scheduling appointments and ordering crowns....

202. Robots give Greece’s postal service speed boost

There’s a new addition to Greece’s postal service: a fleet of yellow robots sorting through the mail....

203. 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....

204. EY and IIF survey shows climate change top concern for banks

205. Alphamega launches Convenience Store in Ayia Napa Marina

Alphamega Hypermarkets started operating a new store in the Ayia Napa Marina, whose commercial zone was recently opened to the public....

206. Cyprus rolls out ‘jab discount’ for hotel stays

Lodging businesses in the Republic of Cyprus have until Friday to apply for a state subsidy that would partially fund hotel stays for vacationers who got the vaccine or the state has a record of their recovery from COVID...

207. Family businesses in Europe fared better in response to COVID-19

For businesses of all types, the first impact on the pandemic was felt on revenues. 64% of European family businesses reported initial revenue losses compared to 69% of family businesses globally, 25% managed to maintain their revenue levels, and 11% experienced increases...

208. Threedium sets sights on US market: A Cyprus Success Story in the Making

In April of 2017, five ambitious tech enthusiasts fresh out of university, of whom two were Cypriot, had a vision: to bridge the gap between online and in-store experiences by building a solution that would help customers better understand and evaluate the products they were browsing to buy...

209. COVID-19 is adding new impetus to finance transformation

210. Cyprus to launch 5G frequencies auction

In 2021, according to the most optimistic scenarios, Cyprus will enter the constellation of 5G networks, with the frequencies auction set to begin on Thursday....