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1351. EY announces new solutions for the energy industry

EY announces new innovative digital solutions for the energy industry built on Microsoft Azure...

1352. Cypriot-Israeli dispute out in the open

The Republic of Cyprus says development of Aphrodite’s natural gas reservoir will go forward as planned, after reports said a letter from Israel called on energy companies to halt operations until the two countries settled all pending issues...

1353. MPs stalling Jiu Jitsu cash rebate

A cheque for €8.5 million to pay for Jiu Jitsu, a film starring Nicolas Cage, is being held up in the Cypriot parliament as opposition parties are blocking the cash rebate and asking questions...

1354. '74' wins first place at Cyprus International Film Festival

Paul Lambis’ full-length screenplay “74” was awarded the “Best Screenplay” prize at the Cyprus International Film Festival’s Golden Aphrodite awards ceremony, held at the Pallas Cinema-Theatre in Nicosia...

1355. PwC presented its new publication for the real estate and land development sector

PwC Cyprus presented its publication on the Cyprus land development market, entitled "Cyprus Real Estate Market - First Half in Review", atan event held in Nicosia on 19 November...

1356. Questions raised over spy van in Cyprus

An unbelievably expensive van roaming Cypriot streets and packing spy technology worth millions has prompted Akel opposition leader to seek answers from the government, citing privacy laws and concerns...

1357. Three women arrested in brothel raid

Three women have been arrested after being accused of running a brothel in Limassol, just days after the police chief said he was waging war on prostitution...

1358. «Growth momentum moderates» in Cyprus according to Εuropean Commission Autumn Economic Forecast

"Growth momentum moderates" in Cyprus, according to the headline assessment of the European Commission`s Autumn Economic Forecast for the country, presented today by Commissioner Moscovici in Brussels....

1359. Revenue from ship management dips

Ship management revenues decreased in the first half of 2019 by €5 million, according to the results of the Ship Management Survey for the first half of 2019, concerning the transactions of resident ship management companies published Wednesday by the Central Bank of Cyprus...

1360. Cypriot FM bets on economic diplomacy

Economic diplomacy is indispensable, Minister of Foreign Affairs Nikos Christodoulides said on Wednesday, adding the Foreign Ministry has elevated economic diplomacy to one of its top priorities...

1361. EY climbs World’s Best Workplaces list

EY has been named the #1 professional services employer for the fourth consecutive year in Universum’s 2019 “World’s Most Attractive Employers” annual ranking – moving up one place on 2018 to become the second most attractive employer overall...

1362. Cops build case following vice raid

A married couple has been remanded in custody in connection with their involvement in an illicit massage parlour business where foreign women worked part-time offering erotic services to male clients including handjobs...

1363. Property Gallery Announces Partnerships with Local Sports Teams

In its ongoing efforts to make positive contributions to the local community, leading Limassol property developer, Property Gallery, is proud to announce that it has signed on to sponsor two local sports teams...

1364. MAP S.Platis joins forces with global firm FTI Consulting

1365. Anti-Money Laundering and Terrorist Financing Preventing Framework: Legislation Gaps

Over the last years, the EU has developed a solid regulatory framework for preventing money laundering and terrorist financing. However, these rules are not always able to capture the growing technological developments and potential gaps that can be exploited by criminals...

1366. 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...

1367. Maritime Cyprus kicks off in Limassol

Maritime Cyprus 2019 Conference kicks off Monday in Limassol with the participation of more than 800 shipping executives from around the globe...

1368. 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?...

1369. 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. ...

1370. 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. ...

1371. Two women busted in prostitution sting

Two foreign women arrested in an undercover prostitution sting in Larnaca are facing charges of illegal gains while also being charged with violating immigration rules...

1372. Interview with Endy Zemenides

Ever since Joe Biden declared that Cyprus was a “strategic partner” of the United States, people have been trying to identify substance behind those words. There has been a similar search of what “best relations ever” between the U.S. and Greece means...

1373. 1st Energy Ministerial Meeting: Full support for Cyprus' and Greece's stance on regional energy issues

Full support for Cyprus' and Greece's stance on regional energy issues and for the expansion of security and environmental co-operation is the outcome of the 1st Energy Ministerial Meeting, held in Athens on Wednesday, and participated by Greece, Cyprus, Israel and the United States...

1374. Business leaders reject proposal for corporate tax rate increase

We will not proceed with the increase in the corporate tax rate said Finance Minister Haris Georgiades, shortly after business leaders rejected his proposal ...

1375. Government in talks with businesses to raise corporate tax rate

Finance Minister Haris Georgiades confirmed reports that the government plans to increase the corporate tax rate from 12.5% to 15%...

1376. Energy officials from Greece, Cyprus, Israel and US meet in Athens

Officials from Greece, Cyprus, Israel and the United States are meeting in Athens Wednesday to discuss energy issues...

1377. Energy ministers to meet in Athens

The officials plan to set up a working committee of high-level officials to identify specific cooperation projects and ways to implement them....

1378. Tangible rewards for alliance-building

Greece's military spending has shrunk dramatically as a result of the crisis, widening the defense gap with Turkey. Successive Greek governments have spent billions on armaments over the past few decades, yet there is very little to show for it in terms of a defense industry. After an ambitious start, state-owned firms such as the Hellenic Aerospace Industry (EAV) and others were gradually choked by mismanagement from political parties and unionism...

1379. Dombrovskis: The EU leads the world in the battle against climate change

This year, millions of young people across the world joined an international movement for climate change. They demanded action instead of mere talk, marching to fix the planet before it is too late. ...

1380. New law criminalizes sex buyer behaviour

The House has passed a law criminalizing customers who pay for sex with trafficked women, while it rejected an amendment that would provide a legal recourse for defendants who use a plea of ignorance as their defence...