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1291. Cyprus makes the case for regional headquartering

Cyprus has emerged as a serious contender in the world of international investment, putting a conference in Limassol next week in a unique position to promote the island as a regional headquartering centre...

1292. Announcement of Appointment of Director

The Management of K. Treppides & Co Ltd is pleased to announce the appointment of Mrs Maria Sourmeli as a Director of the Firm, with effect from 1st September 2018...

1293. Ronys Toungoulos achieves highest Mark in Module 2-ADIT

K. Treppides & Co Limited congratulates Manager Ronys Toungoulos for achieving the highest mark in Module 2-Advanced Diploma in International Taxation (ADIT). He is rewarded with the International Fiscal Association (IFA) prize which is highly recognized within the professional community worldwide....

1294. Cyprus goes all out in the maritime insurance game

Cyprus has been a serious contender in the maritime and shipping industry, but recently it emerged as one of few unbeatable alternatives for big foreign P&I clubs looking to set shop home away from home...

1295. Education crisis at end of tether

Difficult days lie ahead in public education, with state teachers unions saying a last-minute proposal by ruling party Disy, at least at face value, is no different than the latest government measures already rejected...

1296. The mistakes of Greece’s creditors

A lot has been said about the mistakes made by Greece’s lenders during the bailout programs. The fact is they made many errors, including some serious ones. Meanwhile, Greek politicians were responsible for refusing to take ownership of the required reforms and failing to reach a degree of basic consensus. ...

1297. ARIS celebrates six month anniversary

ARIS, which stands for A Really Inspiring Space, opened its doors to its first resident startups in February 2018. Last Monday, on the 6th of August, the achievements of those startups were celebrated during a summer networking event entitled “Creating Value Through Innovation, in an Ever Changing Global Environment”...

1298. Upper 30's with waterless clouds through mid week

The second week of August starts with clear skies throughout most parts of the day with some clouds forming after noon, with temperatures firmly in the upper 30’s through Thursday...

1299. Beach vandals target Paralimni mayor's initiative

A beach in Paralimni was the target of vandalism Tuesday late into the night, raising suspicions as local authorities are locked in a dispute with residents over beach rights...

1300. Security Council renews UNFICYP mandate

The Security Council authorized a six‑month mandate renewal for the United Nations Peacekeeping Force in Cyprus (UNFICYP) on Thursday, unanimously adopting resolution 2430 (2018)...

1301. Germany offers help to combat Greece fires

German Chancellor Angela Merkel is offering her country's help to fight the forest fires raging in Greece. ...

1302. Cypriot says British officers raped her in 1956

More allegations are piling up in an ongoing case in the UK against British forces, who are accused of torture and even rape during the Greek Cypriot insurgency between 1955 and 1959...

1303. Energean commits to Eastern Mediterranean

Energean is seeking approval from Cyprus for the Greek oil and gas firm to build a pipeline from its Israeli offshore gas fields and import 0.5 to 1 billion cubic meters of gas a year to the island...

1304. Airtickets.gr, Travelplanet24 suspend sales

Tripsta SA, the parent company of travel sites Airtickets.gr and Travelplanet24, announced on Thursday the suspension of all new ticket sales as part of a radical restructuring of the Greek-owned firm, which has also resulted in the sacking of 180 employees from Athens headquarters....

1305. Cyprus to crackdown on shell companies

The Central Bank of Cyprus has just made it harder for brokers to set up front companies on the island, following pressure from US officials who say more needs to be done to combat money laundering...

1306. UN sending envoy to Cyprus for consultations

UN Secretary General Antonio Guterres is sending a special envoy to Cyprus in the coming weeks, hoping to get crystal clear views from both sides in order to assess whether or not a new push for peace is possible...

1307. Denuclearisation agreement seen as symbolic

US President Donald Trump and North Korean leader Kim Jong Un pledged on Tuesday to work toward complete denuclearization of the Korean peninsula while Washington committed to provide security guarantees for its old enemy...

1308. Unmarried paternity leave not signed into law

President Nicos Anastasiades has not signed a newly-passed law on paid paternity leave for unmarried fathers, sending it back to the House primarily on constitutional grounds while opposition sees more reasons behind it....

1309. Treppides Annual event in Moscow

K. Treppides & Co Limited is delighted to announce its annual event in Moscow taking place on the 6th of June 2018...

1310. Government and Co-op begin consultations with bidders

1311. Mueller probes PSY Group’s money flow into Cyprus

US Special Counsel Robert Mueller is turning his attention to Cyprus and bank records of an Israeli-based firm that worked together with Cambridge Analytica to boost election chances for President Donald Trump...

1312. M&S to close 100 UK stores in four years

British retailer Marks & Spencer plans to close more than 100 stores in its home market by 2022, accelerating a drive to re-shape its business as it strives to make at least a third of sales online...

1313. Total wants to expand Cyprus oil and gas search

French energy giant Total wants to expand its search for oil and gas off the east Mediterranean coast of Cyprus, a senior company official said on Monday...

1314. Treppides Group joins London Hedgeweek Funds panel in Malta

George P. Nicolaou, member of the Board of Management of Treppides Group and Head of Operations of Finanz Fund Services Ltd, a regulated Fund Administration Company under Malta Financial Services Authority, will be on the speakers panel at an event organised by Hedgeweek in London on the 23rd of May 2018...

1315. Thomas Cook buoyed by strong demand for Turkey, Greece, Egypt holidays

British holiday company Thomas Cook said it was on track to meet annual forecasts helped by strong demand for holidays to Turkey, Greece and Egypt, and as part of its plan to shift capacity away from parts of Spain where margins are lower...

1316. Co-op receives two bids in good bank, bad bank scenarios

The Cooperative Central Bank (CCB) announced on Monday it has received two bids as part of its privatisation process launched in March, with one bidder going after the ‘good bank’ scenario just as the European Commission approved the acquisition of Altamira Cyprus by a joint platform with CCB and one of the bidders...

1317. Cyprus pin hopes on show-stopper Eleni Foureira

Perennial makeweight Cyprus hopes to raise its flag over the Eurovision Song Contest on Saturday with Greek singer Eleni Foureira red-hot favourite to wow audiences with her show-stopping song 'Fuego'...

1318. Israel eyes 5% claim of Cyprus' Aphrodite gas field

Energy Ministry Yuval Steinitz told Cypriot leaders that Israel is demanding 5% or more of the production from the joint Aphrodite-Yishai natural- gas field in disputed Mediterranean waters...

1319. EU can't save Iran deal after Trump nuked it

European countries are powerless to salvage the nuclear deal with Iran after the United States pulled out, the deputy head of the elite Iranian Revolutionary Guards (IRGC) said ...

1320. Trump lawyer took money from firm linked to Russian oligarch

An attorney for porn star Stormy Daniels said that Donald Trump’s lawyer, Michael Cohen, was paid $500,000 by a company with ties to a Russian oligarch who was hit last month with US sanctions to punish Moscow for activities that included suspected meddling in the 2016 US election...