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1. November Newsletter of K. Treppides & Co Ltd - 15/11/2024

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

2. Entries for 2025 Limassol Carnival parade open November 12

Registration for the 2025 Limassol Carnival Grand Parade will open on Tuesday, November 12, from 8 a.m. to 2 p.m., the Limassol Municipality announced....

3. What Trump’s election could mean for American taxpayers

A Donald Trump presidential election victory would have huge implications for US trade policy......

4. Cyprus plans €10,000 cash limit to fight money laundering

According to Kathimerini's Pavlos Neophytou, the Cyprus government is considering a new law to cap cash transactions at €10,000 for buying goods and services, aiming to crack down on money laundering. ...

5. Euronet remains only bidder in delayed JCC sale

The process for the sale of JCC Payment Systems, which began confidentially over the summer, appears to have hit a "snag," with Euronet as the only prospective buyer. ...

6. 57-year-old Nicosia resident arrested in child pornography case

Authorities in Cyprus arrested a 57-year-old man from Nicosia on Monday, as part of an investigation into child pornography....

7. Massive cyber attacks target key websites in Cyprus

In the past 24 hours, Cyprus has been hit by a series of major cyber attacks, targeting both government websites and critical internet infrastructure....

8. Tougher penalties for employers skirting social security

The government is poised to toughen penalties for undeclared work in an effort to address the widespread issue....

9. Cyprus to approve 100,000 electronic IDs for digital transition

The Council of Ministers is set to approve the purchase of 100,000 electronic ID cards during its meeting today at 11:00 a.m., President Nikos Christodoulides announced while speaking at the Digital Agenda Cyprus Summit, held at the Nicosia Municipal Theater....

10. New subsidy scheme aims to lighten home loan interest rates

A new Interest Rate Subsidy Scheme for home loans is on the horizon, promising to ease the financial burden for many homebuyers....

11. China and Russia set for new naval exercises in Sea of Japan

China’s Defense Ministry announced on Monday the start of joint naval and air exercises with Russia, dubbed “Northern United-2024,” scheduled for this month....

12. Bank of Cyprus considers selling JCC to Euronet

Changes are imminent in Cyprus' payment sector as discussions unfold regarding the sale of JCC Payment Systems Ltd to Euronet. JCC Payment Systems......

13. Greek police disrupt €26 million VAT fraud scheme

The Financial Police Directorate has dismantled a criminal organization involved in elaborate VAT fraud schemes, leading to significant financial losses for the state....

14. MultiCare Elite by Universal Life delivers unparalleled medical coverage with the highest limits in Cyprus

Interview with Accident & Health Manager of Universal Life Stelios Sofroniou...

15. Why aren't Cyprus schools using digital books?

In recent days, there has been much discussion, particularly on social media, regarding our country's position on philagognosia (love of reading)....

16. Cyprus faces surge in online scams

Online scams are becoming a serious issue in Cyprus, with recent data revealing a sharp increase in fraudulent activities. In the past 25 days, authorities have reported eight significant fraud cases, totaling over half a million euros in losses....

17. Passengers receive suspended sentence for smoking on Cyprus flight

A Paphos District Court on Wednesday handed a suspended four-month prison sentence to two British passengers, aged 50 and 44, for smoking and consuming alcohol on a flight. ...

18. Hundreds of Cyprus telecom installers lose licenses over new exam

Approximately 600 telecommunications installers in Cyprus, responsible for tasks such as setting up telephone and internet lines, have been left without the necessary licenses to continue their work, despite having legally operated for years....

19. Police warn public about new online extortion scam

Police are urging the public to be vigilant after a new form of online fraud has emerged, where scammers attempt to extort money by claiming they have compromising videos of the victims....

20. Limassol man duped out of €30,000 in cryptocurrency scam

21. Nicosia takes lead in crisis prep for Lebanon evacuation

The Republic of Cyprus is closely monitoring regional developments as tensions escalate between Israel and Hezbollah, following an Iranian strike....

22. MultiCare Elite – The New Top-tier Health Plan from Universal Life

Universal Life, the insurance company with the most experience and expertise in the Health sector in Cyprus, proudly announces the launch of MultiCare Elite....

23. 70% of Cypriots and Greeks choose card payments over cash

We are moving ever closer to abolishing cash for consumers and businesses....

24. Nicosia municipality embraces digital era, ends cheque payments

In a significant shift towards modernization, the Nicosia Municipality announced it will no longer accept cheque payments, urging residents to transition to electronic and card-based payment methods. ...

25. Porsche doubles the size of the model range for the all-electric Macan

First rear-wheel-drive Macan delivers high efficiency ...

26. Cyprus secures €30 million EU grant for enhanced maritime surveillance

Cyprus has secured an additional €30 million in funding from the European Commission to enhance its maritime surveillance capabilities. This funding follows the successful selection...

27. Ukrainian startups build low-cost robot army to combat Russia

Facing manpower shortages, overwhelming odds, and uneven international assistance, Ukraine is looking to an unlikely source for a strategic edge against......

28. Cyprus surges in high-speed internet and tech jobs

Cyprus is making notable progress in its digital transformation, with coverage of very high capacity networks (VHCN) reaching 77.1% in 2023, a 28.5% increase from the previous year, according to the Deputy Ministry of Research, Innovation, and Digital Policy....

29. Study reveals pros and cons of Great Sea Interconnector

Cyprus' Minister of Energy, Trade and Industry, George Papanastasiou, announced on Thursday that the comprehensive cost-benefit study for the Cyprus-Greece (Crete) electricity interconnection, known as the Great Sea Interconnector (GSI),...

30. Cyprus advances road safety with Intelligent Transport Systems

In a bid to modernize its main road network and bolster transport safety, Cyprus is rolling out state-of-the-art intelligent transport systems (ITS) across key routes. ...