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1111. Virus-stranded cruise ships tread water off Cyprus

Half a dozen cruise ships have been stranded for up to nine months off Cyprus, looming large over a fishing village on the holiday island hit by the coronavirus pandemic...

1112. Cyprus and Israel agree on green passports

Cyprus and Israel reached an agreement on Sunday which would allow vaccinated Israelis to travel to the island without quarantine or other testing restrictions...

1113. Halloumi producers concerned over slowing exports

Producers of the traditional Cypriot cheese halloumi saw a reduction in the growth of their exports, as orders have been cancelled and quantities left undelivered as a result of the tight grip of restriction measures across the EU....

1114. Cypriot FM visits Gulf before US inauguration

Cypriot Foreign Minister Nikos Christodoulides flew to the United Arab Emirates on Monday to hold a private meeting with his counterpart, days after the two countries signed a military cooperation agreement but also days before a changing of the guard in Washington could spell trouble for US arms sales to Gulf states...

1115. Your gateway to global investment opportunities

In the past, having resolved to ‘save for a rainy day’ financial well being, for many, took care of itself and your life’s goal was aided by interest earned on those monies, which saw your money working for you but the equation today is not so simple...

1116. Cyprus remains an attractive investment destination

Cyprus remains an attractive investment destination, especially among established investors ...

1117. Industrial/Logistics most attractive post COVID-19

Following the breakout of the COVID-19 pandemic, the Industrial/Logistics asset class has presently become the most attractive financing option for a majority of banks in Central & Eastern Europe, according to the results from the latest edition of KPMG’s Property Lending Barometer...

1118. Turkey’s defence industry to go it alone

US Senator Robert Menendez says he is not worried about retaliation from Turkey after Washington imposed sanctions on Ankara, with officials in Turkey warning further development of their domestic defence industry could speed up as a result...

1119. Cyprus lays out eagerly awaited vaccination plan

The Republic of Cyprus’ eagerly awaited plan for the mass vaccination of its residents against the novel coronavirus was presented on Tuesday by the health minister and Dr Olga Kalakouta....

1120. Cyprus energy designs unaffected by Turkey's provations, President says

Cyprus President Nicos Anastasiades said Tuesday that that the Republic, as a sovereign and independent state and despite Turkey’s provocations, threats and illegal activities, is determined to go ahead with the implementation of its energy policy....

1121. Nicosia cops detain six women in brothel raid

Six sex workers were detained Friday during a police raid in Nicosia, with officers arresting one of them on prostitution-related charges...

1122. KPMG survey shows biodiversity-related risk remains under-reported

While it is notable that 80% of the world’s 250 largest companies now report on sustainability, biodiversity-related risk remains significantly under-reported by the global business community...

1123. Cyprus' auditor general makes Jiu Jitsu move

The audit office is reportedly preparing an unflattering report on Cyprus’ film industry government scheme, with local media suggesting some type of possible connection between newly-established Olivewood and golden passports...

1124. Safe business and digitalisation in maritime

1125. KPMG survey: companies see climate change as financial risk but disclosure quality must improve

56% of the world’s 250 largest companies (G250) now acknowledge climate change as a financial risk to their business in their corporate reporting, according to a new KPMG International survey, which also revealed that the quality of climate-related risk disclosures among these companies needs to improve...

1126. Four women detained in brothel raid

A man in Limassol has been arrested on pimping charges following a raid at a suspected brothel in Germasoyia, while four women were also detained for questioning...

1127. Greece, UAE commit to mutual defense assistance

The mutual defense assistance clause, activated in the event that one of the two countries’ territorial integrity is threatened, is probably the most important part of the defense and foreign policy cooperation agreement signed by Greece and the United Arab Emirates (UAE) last week, according to sources with inside information....

1128. Israeli medical complex coming to Cyprus

A huge undertaking in Cyprus’ medical industry has been announced, with a local company saying they reached an agreement with Israel’s Hadassah Medical to set up a network of hospitals offering diagnostic, rehabilitative, and assisted living care on the island...

1129. Cyprus, Israel, Greece agree to boost defense cooperation

The defense ministers of Greece, Israel and Cyprus agreed Thursday to step up military cooperation which they said will keep their armed forces better prepared, help create more jobs and bolster security in a fraught region. ...

1130. Support schemes added to fight lockdown consequences

Alongside the tough restriction measures that came into effect on Thursday, additional support schemes were announced by the ministers of finance and labour in a bid to cushion the inevitable economic blow....

1131. Network resilience in a post-pandemic world

While telcos have largely risen to the challenge of withstanding a surge in network demand during the COVID-19 pandemic, pressure to maintain infrastructure resilience and expand reach emerges as the most pressing sector challenge...

1132. Systems tested by slaughterhouse outbreak

A company that owns a slaughterhouse in rural Nicosia has until Monday to explain how 79 people were found working without proper authorization, following a coronavirus outbreak on the premises and days after the firm hinted that government officials were supplying asylum seekers for manual labour through backchannels...

1133. Lidl Cyprus celebrates 10th anniversary

A press conference dedicated to the 10th anniversary of its operation was carried out by Lidl Cyprus on Tuesday, November 10, in a virtual environment and in the presence of institutions and representatives of the media...

1134. Government unleashes new bundle of support measures

Along with the new restrictions imposed to curb the recent spike in coronavirus cases, the labour minister Zeta Emilianidou said Thursday that the Cyprus government agreed on a new batch of support measures budgeted between 130 and 150 million euros....

1135. COVID-19 calls for digital technology investments in oil and gas

Ninety percent of oil and gas executives agree that investments in technology and workforce are essential to surviving current market conditions, according to a new EY survey...

1136. Appointment of Directors, Principals, Senior Manager in K. Treppides & Co

The Management of K. Treppides & Co Ltd committed to develop leadership that derives from its own people, who pursue excellence in the provision of high quality specialised and unique services, is pleased to announce the appointment of the following members into the Board of Management with effect 1 October 2020...

1137.  EY announces the win of three 2020 Microsoft Global Partner of the Year Awards

1138.  KPMG's Vasiliou first Chairman of Cyprus-Australia Business Association

The Cyprus Chamber of Commerce and Industry (CCCI) announced the launch of the Cyprus - Australia Business Association, aiming to further promote, expand and encourage business relations between Cyprus and Australia...

1139. EY Attractiveness Survey Cyprus 2020

EY Attractiveness Survey Cyprus 2020: Investors are optimistic about the country’s attractiveness over the coming years, but state that there is room for improvement...

1140. Digital Agenda Cyprus Summit registration now open!

The 3rd Digital Agenda Cyprus Summit 2020 will take place online tomorrow, Wednesday October 21, and participation is free of charge. The Summit will seek to highlight significant issues and particularities of today’s world, while addressing the heightened needs for specialized knowledge against the backdrop of our ever-changing reality. ...