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151. Bank of Cyprus reports €401 million profit surge

In the latest financial report, Bank of Cyprus has reported a solid profit of €401 million for the first nine months of 2024—a 15% jump from last year’s €349 million. ...

152. Magical Christmas with Lidl - the Lidl Christmas movie

Every year, Lidl's Christmas campaign reinforces its position as the go-to partner for a magical holiday season, offering a diverse product range and celebrating the spirit of sharing....

153. Frederick University to offer workshop on the CSRD and the impact of ESG on corporate risk and financing

Frederick University's Department of Business Administration and the Centre for Research in Entrepreneurship, Finance, and Strategy (CERFS) are organizing a workshop on the Corporate Sustainability Reporting Directive (CSRD) and the impact of ESG (Environmental, Social, and Governance) on corporate risk and financing which will be held on Wednesday, November 27th, from 16:00 to 19:00, at Frederick University in Nicosia (Seminar Room 1 - 1st floor - 7, Y. Frederickou str., Pallouriotissa)....

154. Trump’s win, coffee with Erdogan, and the Presidential spin: A dose of Cyprus reality

For anyone worried that Trump’s election might throw off our strategic ties with the U.S.—those essential space collaborations and our participation in the Star Wars program—the Presidential Palace has assured us that a ''close associate'' of Trump recently reached out to our very own Nicos!...

155. Larnaca and Paphos airports to handle 17.5 million passengers annually

The deal to hand over Larnaca and Paphos airports to Hermes Airports Ltd is nearly sealed, as the company moves toward......

156. Trump’s election shakes global dynamics and raises concerns in Cyprus

If anything was clear during the U.S. election campaign, it’s that this election isn’t just about the United States. ...

157. At the Doorstep of MICA: What to Expect as Crypto Regulation Takes Shape

The European Union's (EU) regulatory framework for cryptocurrencies and digital assets is envisioned to be shaped by the game changer, Markets in Crypto-Assets (MiCA) regulation. ...

158. BoC Fintech Hackathon 5.0: Fintech Ideas that can change the world!

The number of registrations exceeded all expectations since more than 200 people and more than 25 teams participated....

159. Cypriot society divided over Christodoulides’ high-profile visit with Biden

Last Sunday, as President Nikos Christodoulides faced internal scrutiny over his decision to address transparency in the institution's fund, managed by the First Lady, and the sudden transfer of Treasury Director General George Pantelis, an unexpected invitation made headlines....

160. Cyprus becomes a key player in U.S. military strategy

Cyprus is working to strengthen its military cooperation with the United States, particularly following recent discussions between President Nicos Christodoulides and President Joe Biden....

161. Cyprus plans €10,000 cash limit to fight money laundering

According to Kathimerini's Pavlos Neophytou, the Cyprus government is considering a new law to cap cash transactions at €10,000 for buying goods and services, aiming to crack down on money laundering. ...

162. Fareed Zakaria warns of a turbulent future for America

In a recent interview with Kathimerini's Alexis Papachellas, CNN's Fareed Zakaria shared his insights on the current state of U.S. politics and its implications for both the nation and the world. Here are the key points from their discussion:...

163. Increase in missing minors from Cyprus juvenile homes raises alarms

Cyprus is grappling with a steady rise in cases of minors disappearing from juvenile homes, a long-standing issue of national welfare policy....

164. Cyprus honors 1940 heroes with National Day parade

Cyprus commemorated "Ohi Day" on Monday, honoring Greece's 1940 defiance against Axis forces with ceremonies and a military parade in Nicosia....

165. University of Nicosia Hosts Ceremonial Event for NEOLAiA European University Alliance

166. CBC urges banks to show social responsibility despite sector’s strength

The Central Bank of Cyprus (CBC) released its annual Financial Stability Report for 2023 on Tuesday, indicating that the financial sector is overall strong and capable of handling unexpected challenges. ...

167. Cyprus and U.S. launch historic strategic dialogue to strengthen bilateral ties

Nicosia and Washington are forming a concrete footprint for deepening their bilateral relations at the strategic level with the first-ever CY-US Strategic Dialogue launched today. ...

168. Bank of Cyprus shareholders moving at different speeds

CarVal Investors recently sold 3% of its 9.09% stake in Bank of Cyprus, sparking speculation that other shareholders may follow suit and sell their shares....

169. Cypriot banks sending loans abroad: A growing risk?

Yesterday, I had a conversation with someone who truly understands banking—probably more knowledgeable than many who think they do....

170. Spike in suspicious transactions as Cyprus freezes over €25 million in illicit assets

Reports of suspicious transactions in Cyprus have risen sharply in 2023, reaching levels similar to those in 2021, as per a story by Kathimerini's Dorita Yiannakou....

171. Cyprus under siege as cyberattacks raise alarms

Since October 17, hackers have been launching a series of targeted attacks on various organizations and companies across Cyprus, sparking public debate about the country's ability to fend off cyber threats. ...

172. Turkish exile Fethullah Gülen, Erdoğan’s rival, dies at 83

Fethullah Gülen, the Turkish scholar and preacher accused by Ankara......

173. Lidl is holding the ''mind RESET'' programme for the 4th consecutive year

On the 16th and 17th of September, the first phase of the successful environmental educational programme was successfully completed, and focuses on the training of teachers of the participating schools....

174. FT: Foreign students lured to illegal universities in occupied Cyprus

The Financial Times published an extensive report from Nicosia, highlighting a scheme targeting foreign students, particularly from Africa and Asia, through agencies promoting study opportunities at illegal universities in the occupied northern Cyprus....

175. Israel targets Hezbollah-linked bank in air strikes on Beirut

Israel launched multiple air strikes across Beirut and southern Lebanon, targeting Hezbollah strongholds, including branches of a bank accused of financially supporting the militant group. ...

176. Finance Minister stands firm on economic stability amid rising pressures

In a recent interview with Andreas Kimitris, Cyprus Finance Minister Makis Keravnos spoke candidly about his firm stance on the country’s economic stability. ...

177. Effort to create new cooperative bank in Cyprus begins with IPO search

The Cypriot company for the promotion of the cooperative movement is at the process of seeking an investment firm that would underwrite an initial public offering for the creation of a “small cooperative bank” in Cyprus that would replace the Cooperative Cyprus Bank which went into liquidation back in 2018, Panikos Hambas told CNA....

178. Winners of Robotex and MRC Cyprus 2024 Awarded at the Bank of Cyprus

The winners of the 7th Robotex Cyprus and the 1st Minoan RobotSports Competition MRC Cyprus that took place last June under the auspices of the President of the Republic, Nikos Christodoulides, were honored. ...

179. Annual International Meeting of the Contact Committee

The Audit Office of the Republic of Cyprus is organizing the Annual Meeting of the Contact Committee, which it chairs, at the Cap. St. Georges Hotel & Resort in Paphos, on Wednesday and Thursday, October 16 and 17, 2024. ...

180. Cyprus to launch first homegrown satellite by 2026

Cyprus is making strides in space technology as the Cyprus Space Research and Innovation Centre (C-SpaRC) prepares to unveil its first satellite, set for launch in 2026. ...