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1891. Financial Services towards Artificial Intelligence and Machine Learning

Artificial Intelligence in general and machine learning in particular, is not a new concept, but it is only in recent years that financial services firms have started to learn about and understand its full potential...

1892. Egypt, Cyprus, Greece condemn gas exploration by Turkey

Egypt, Cyprus, and Greece are condemning an "unlawful and unacceptable" bid by Turkey to drill inside waters where Cyprus has exclusive economic rights....

1893. Security Council to address Varosha

A UN press release is expected on Wednesday in response to the Republic of Cyprus’ resort will resort to the Security Council over Turkey’s moves concerning Varosha...

1894. Another West Nile death in the north

A 37-year-old woman has died following an infection by the West Nile Virus in the north, with reports saying the patient lost her life due to the neuroinvasive disease of the virus but also other health complications...

1895. Johnson vows to stay put to hit Oct. 31 Brexit deadline

Boris Johnson said on Sunday he would not quit as Britain’s prime minister even if he fails to secure a deal to leave the European Union, insisting only his Conservative government can deliver Brexit on Oct. 31. ...

1896. Anastasiades: We accept political equality

In this context and following a call from the Secretary General for an agreed basis for the resumption of negotiations, there is an understanding by the leaders of the two communities that the relevant “Terms of Reference” should comprise the following elements: ...

1897. Safeguards against climate change

Climate change has become the main concern of the younger generations, and it seems it is the main issue that can spur them into action. The great majority of young people used to be strangers to politics and protest. Now politics is entering their lives as they realize that the decisions of those who rule the world, whether it is politicians or corporations, will decide their own future. ...

1898. Pompeo warns Turkey to respect resolutions on Varosha

US Secretary of State Mike Pompeo on Wednesday assured Cypriot Foreign Minister Nikos Christodoulides that any unilateral actions by Turkey to reopen Varosha would be against UN resolutions and would hamper any efforts to resume peace talks, state news agency ANA-MPA reported. ...

1899. K.Treppides & Co Ltd: Time Value of Money

What if a close friend asks today to borrow 1,000EUR with the precondition to repay the exact same amount in five years? Would you take the deal or not?...

1900. How will digital shape your future?

As technology evolves to support more and more of our everyday lives, it’s natural to wonder what’s in store for the future. How will it affect your life and career?...

1901. Time to seek security guarantees

Diplomatic cliches rarely reflect reality, though in the case of Greek-American relations, they are indeed in the best place they have been in decades. ...

1902. Cyprus hotels to take a €60 million hit as thousands stranded by Thomas Cook collapse

Officials at the Deputy Ministry of Tourism are scrambling to ascertain the impact of the collapse of Thomas Cook on the Cypriot hotel industry. ...

1903. Rights of Cypriot nationals secured after Brexit

The visit by the Secretary of State for Brexit Stephen Barclay to Cyprus on Wednesday is part of the UK Government’s engagement with EU member states “as the UK seeks to reach a deal with the backstop removed,” a DExEU spokesperson told the Cyprus News Agency in London...

1904. Anastasiades: Turkey’s aim for control scuppers peace

Turkey is undercutting efforts to quickly revive peace talks aimed at solving Cyprus’ decades-long ethnic split by imposing unacceptable terms, the island nation’s president said Tuesday...

1905. Oil surges after attack on Saudi oil facilities

Oil prices surged on Monday, with Brent crude posting its biggest intra-day percentage gain since the Gulf War in 1991, after an attack on Saudi Arabian oil facilities on Saturday shut over 5% of global supply. ...

1906. Cavusoglu speaks to Kathimerini

Our meeting with the Turkish Foreign Minister Mevlut Cavusoglu took place in Famagusta on September 9, 2019, the day the Turkish official entered the fenced-off town of Varosha ...

1907. US ambassador cautions Nicosia over 5G

Nicosia is feeling the pressure over 5G technology as the Republic is caught in an international tech war between superpowers, only months away from state-owned Cyta making a move to upgrade its network...

1908. Migration and geopolitics

The significant increase in the arrival of refugees and migrants recorded on Greece’s Aegean islands over the past few weeks is cause for concern as it indicates that Turkey is seeking to exploit the issue in order to remind the European Union of Ankara’s critical role in containing inflows. ...

1909. British Airways flights to Cyprus on hold

British Airways flights to Cyprus are said to be on hold due to one of the airline’s biggest strikes, with more action expected in the future if no deal is reached...

1910. Brexit no-deal preparedness: Final Commission call to all EU citizens and businesses

With 8 weeks to go until the United Kingdom's withdrawal from the European Union on 31 October 2019, the Commission has today – in its 6th Brexit preparedness Communication – reiterated its call on all stakeholders in the EU27 to prepare for a ‘no-deal' scenario. In light of the continued uncertainty in the United Kingdom regarding the ratification of the Withdrawal Agreement – as agreed with the UK government in November 2018 – and the overall domestic political situation, a ‘no-deal' scenario on 1 November 2019, remains a possible, although undesirable, outcome...

1911. Authoritarian, divisive, hard right?

A few days ago, the New York Times published an opinion piece on political developments in Greece on its front page in which the author denounced the return to power of the “hard” right under the leadership of an “authoritarian” prime minister with “anti-democratic instincts.” ...

1912. Stella Kyriakidou: Climate change and gender equality a priority for the EU

There have been many who have questioned the EU because of the economic crisis that has emerged in recent years. Today we are coming out of this crisis and we realize that the EU still has a lot to offer....

1913. Exceeding expectations

In the eight months of its operation, Nicosia Mall has surpassed expectations. Following the triumphant opening in November 2018 and the resounding welcome by consumers, the capital’s newest shopping mall has been steadily and assuredly pulling in crowds and converting them into devoted customers. The outstanding traffic as well as the levels of satisfaction and observed visitor loyalty, which are examined on a quarterly basis through surveys, are a testament that a thoughtfully planned retail destination and a customer centric approach can yield success. Most importantly, the data available foretells a bright future ahead...

1914. Greece 2021

Milestones often present opportunities and the upcoming 200-year anniversary of the start of the Greek War of Independence in 1821 could serve as an opportunity for a new beginning...

1915. Trump hits China with more tariffs, sharply escalating trade dispute

U.S. President Donald Trump vowed to impose a 10% tariff on $300 billion of Chinese imports from Sept. 1, sharply escalating a bruising trade war between the world’s largest economies and jolting financial markets. ...

1916. Greece approves cut on property tax, eases arrears payment

The Greek parliament approved an across-the-board reduction of a deeply unpopular property tax on Tuesday, fulfilling an election pledge of new prime minister Kyriakos Mitsotakis....

1917. ECB warns of 'significant negative impact'

The European Central Bank (ECB) has warned of “significant negative impact” to the Cypriot banking system in case a new law amending the legal on foreclosures is implemented. ...

1918. Guarantees and Rights of Intervention

Both Turkey’s illegal invasion in 1974 and its occupation of Cyprus, were claimed to be based on its own interpretation of the Treaty of Guarantee. These arguments are well known. Today, Turkey still insists on the same interpretation of this Treaty....

1919. Cyprus Tax Webcast, July 2019

1920. Carbo One and Cyprus NOC presented their partnership in the run-up to the Olympics

Carbo One Limited has joined the sponsorship family of the Cyprus National Olympic Committee, in the category of Major Sponsor, as announced by the Cyprus NOC on Monday, 29 July 2019, during an event at the Olympic House in Nicosia. The collaboration of the NOC with Carbo One, one of the largest companies in Cyprus, is an important step forward for the Committee in achieving its goals in the pre-Olympic year we are currently going through. ...