Search

91. No fee increases for 2024 at Larnaca marina

Kition Ocean Holdings announced on Thursday that there will be no increases in berthing fees for recreational boat owners at Larnaca Marina in 2024. ...

92. Meta encryption shields child abusers in shadows

Mark Zuckerberg’s plan to roll out encrypted messaging on his platforms will let child abusers “hide in the dark”, according to a government campaign urging the tech billionaire to halt the move....

93. K. Treppides & Co Ltd: Cyprus financial market recovery or impending closure? Uncovering hidden risks

94. Digitizing the state for modern times

The digitization of the state is not just a challenge for modern society; it must be a top priority....

95. Recovery and Resilience measures target non-performing loans

In a move to address Non-Performing Loans (NPLs) and maximize European funds, Minister of Finance, Makis Keravnos, announced the approval of an action plan under the Recovery and Resilience Plan. ...

96. Russia's ruble drops to lowest level since 2022 conflict

The Russian ruble slid past 100 against the dollar Monday, its lowest level since March 23, 2022 -- weeks after Moscow unleashed full-scale hostilities in Ukraine....

97. Office workers catching 'ChatGPT fever' as usage surges

According to a recent Reuters/Ipsos poll, many American workers are adopting ChatGPT to assist with everyday tasks, even as tech giants like Microsoft and Google have restricted its use due to security concerns....

98. EY Cyprus announces five new partners

EY Cyprus is pleased to announce that its management team has been strengthened with the addition of five new partners and five new directors in 2023, reaching the total number of 31 partners of whom 6 are women, and 17 directors of whom 8 are women....

99. EU Commission proposes digital euro as cash alternative

Digital currencies have grown in popularity. Unlike bitcoin, the digital euro would be a central bank digital currency (CBDC), essentially, electronic cash. ...

100. Search intensifies for missing sub as Canadian military detects underwater noises

A Canadian military surveillance aircraft detected underwater noises as a massive search continued early Wednesday in a remote part of the North Atlantic for a submersible that vanished while taking five people down to the wreck of the Titanic....

101. Sacrificing authenticity for viral validation

In an era dominated by digital connectivity, social media has seamlessly integrated itself into the fabric of our lives....

102. Limassol hosts desalination conference

'Desalination for the Environment, Clean Water and Energy conference and exhibition' begins Tuesday in Limassol with the participation of more than 300 delegates from around the world and 30 exhibitors...

103. Cyprus favors sanctions while taking jabs at Turkey

Cypriot Foreign Minister Constantinos Kombos has accused Turkey of shunning Europe’s sanctions against Russia, while also expressing his own country’s support for a 'proper implementation' of measures amid reports that Athens cried foul over Kiev’s proposal to blacklist Greek companies...

104. Nicosia begs to differ with ENI boss on EastMed

The Cypriot government says it does not share views on EastMed gas made by ENI boss Claudio Descalzi, who told Italian lawmakers an eastern Mediterranean gas project cannot go forward without Turkey, with Nicosia begging to differ and pointing to other companies willing to take the risk...

105. Deutsche Bank agrees to $75M settlement in Epstein abuse lawsuit

Deutsche Bank AG has agreed to pay $75 million to settle a lawsuit by women who say they were abused by the late financier Jeffrey Epstein and accused the German bank of facilitating his sex trafficking....

106. Sanctions have exposed our hypocrisy

The initial wave of sanctions, enforced by the UK and the US against Cypriot entities (individuals, law firms, service companies) for facilitating transactions to those impacted by the sanctions imposed on Russia following the invasion of Ukraine,...

107. Cyprus banks' strict adherence to sanctions worries legitimate entities

Banks have become cautious regarding sanctions imposed by the USA, EU, and UK, and they are not willing to take any risk in serving individuals or entities in Cyprus who are subject to sanctions....

108. May Newsletter of K. Treppides & Co Ltd: CySEC

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....

109. Rights violations raise concerns amid sanctions

The Pancyprian Bar Association has expressed growing concerns over the violation of fundamental rights of both individuals and legal entities affected by the recent restrictive measures and sanctions imposed on April 12, 2023....

110. Cypriot firms struggle to detach from sanctioned providers

The business registrar in the Republic of Cyprus has been flooded with requests from companies scrambling to make changes to their structures, after hundreds of firms on the island saw their assets frozen due to new sanctions targeting agencies viewed by Washington and London as 'Russian enablers'...

111. Dr Charis Savvides joins Grant Thornton Cyprus

Grant Thornton Cyprus is pleased to announce that Dr Charis Savvides joined the Firm as the Funds and Regulatory Compliance Services Leader. This appointment is part of the Firm’s strategic plans to enhance its advisory offering and at the same time, to meet growing client demands....

112. Nicosia questions sanctions against ‘Russian enablers’

The Cyprus Bar Association is taking up the issue of new sanctions imposed by Washington and London, saying the latest measures against ‘Russian enablers’ unfairly target Cypriot firms’ past actions that were totally legal...

113. Bank stores bags of stone instead of $1.3 million worth of nickel

The London Metal Exchange revealed a surprising mix-up last week at a warehouse in the Dutch port city of Rotterdam....

114. EY Cyprus a Gold Sponsor at the 6th Annual Capital Link Cyprus Shipping Forum

EY Cyprus was, once again, a gold sponsor of the 6th Annual Capital Link Cyprus Shipping Forum, which was held at the Columbia Plaza, in Limassol, on Tuesday, March 7th 2023....

115. The who's who of the Christodoulides government

On Monday afternoon (27/02), Nikos Christodoulides, the country's new leader, unveiled his new administration. Read the detailed biographies of the individuals who make up the new government....

116. Economic sentiment improved in February

Economic sentiment improved in February, with the Economic Sentiment Index (ESI) rising by 1.9 points compared to January....

117. Christofides on 'golden' passports: 'No conflict of interest for Yiolitis'

On Wednesday morning (22/02), AKEL MP Christos Christofides was interviewed on Sigma's "Mesimeri kai Kati" program, where he discussed the progress of the Anti-Corruption Commission's investigations into allegations of "golden" passports....

118. EY Cyprus participated in the 6th Cyprus International Tax Conference

EY Cyprus has, once again, sponsored and participated in the 6th Cyprus International Tax Conference, titled ''The evolving landscape: Adopting to new challenges and opportunities,'' which took place on Tuesday, February 14th at the Hilton Nicosia hotel. ...

119. A large number of foreclosure notices to be sent tomorrow

Today, Tuesday, January 31, 2023, marks the end of the most recent three-month suspension of divestments imposed by a resolution of the House of Representatives. ...

120. Finance Minister responds to CBS: 'Disinformation and fake news' (video)

The report on the CBS show '60 Minutes' about Russian oligarchs was referred to by the Finance Minister in his detailed response on the issue. ...