Search

2851. Shift in global funding led by private capital

Private equity firms now manage commitments of nearly US$3.4t globally, up from less than US$500b in 2000, and in a significant shift new capital from private markets has surpassed for capital raised in public markets for the first time ever...

2852. Cyprus taps into Europe’s mountain know-how

Cyprus is hosting a European conference on mountain areas of large Mediterranean islands, hoping to gain valuable information and know-how from countries with a long tradition in managing mountain area policies...

2853. Insurers need profound transformation and the right talent

As insurance industry growth remains stagnant for another year due to low interest rates, the shifts in consumer demographics around the world coupled with heightened expectations for digital experiences present insurers with risks and opportunities...

2854. Tsipras versus the US and Trump's intervention

Opposition leader Alexis Tsipras’ critical stance toward the extension of the defense cooperation agreement between Greece and the United States is a sign of inconsistency, as he is refusing to vote in favor of an agreement that he is effectively responsible for after negotiating its parameters when he was prime minister....

2855. Greece, Cyprus talk defence cooperation

Cooperation on defence and security is main discussion topic between Defence Minister Savvas Angelides and his Greek counterpart, Nicos Panayiotopoulos, in the framework of the 6th Greece-Cyprus Intergovernmental Defence Council taking place in Athens....

2856. Charles De Gaulle to dock in Limassol, demonstrating fortified ties

The flagship of the French Navy, aircraft carrier Charles De Gaulle, will be docking at Limassol port at the end of February, prior to the wrapping up of its Eastern Mediterranean mission, Ambassador of France to Cyprus Isabelle Dumont told the Cyprus News Agency on Tuesday....

2857. Turkish hackers target Cyprus government emails

Sweeping cyberattacks targeting governments and other organizations in Europe and the Middle East are believed to be the work of hackers acting in the interests of the Turkish government, three senior Western security officials said. The hackers have attacked at least 30 organizations, including government ministries, embassies and security services as well as companies and other groups, according to a Reuters review of public internet records. Victims have included Cypriot and Greek government email services and the Iraqi government’s national security advisor, the records show. ...

2858. Cyprus ratifies Multilateral Instrument

On 22 January 2020, the Instrument of Ratification of the Multilateral Convention to Implement Tax Treaty Related Mattersto Prevent Base Erosion and Profit Shifting(“the Multilateral Convention”) were published in the Official Gazette of the Republic in Greek and English, (“Multilateral Instrument”)...

2859. New wiretap law on the skids

The president and justice minister are set to meet on Monday to discuss a government phone tapping bill that passed the House on Friday, following concerns that last-minute amendments could be defeating the purpose...

2860. Flamingo deaths raise alarm in Cyprus

Over a dozen flamingos were found dead at Aliki salt lake in Larnaca, with officials playing down the incident while members of the Green party are calling for an investigation...

2861. Nicosia and Athens condemn Ankara's illegal drilling

The Government of Cyprus publicly condemned Turkey’s newly planned illegal drilling within the Exclusive Economic Zone and continental shelf of the Republic of Cyprus, while the Greek Foreign Ministry strongly condemned Turkey΄s plans, stressing that their actions have neither legal effect nor create fait accompli....

2862. Libya’s Haftar in Athens for talks

Greek Prime Minister Kyriakos Mitsotakis vowed on Thursday to veto any solution on the North African country if the maritime border deal between the Tripoli-based government with Turkey is not scrapped...

2863. Berengaria sees hope on the horizon

Local media reported on Thursday that investors have been found for a potential revival of the historic Berengaria, with rumours pointing to renovation plans for the abandoned property in the Troodos Mountains...

2864. Cyprus pays off costly crisis loan early

The Cypriot finance minister says the government is repaying an IMF rescue loan faster and at a lower rate after a double bond issuance expected to secure most of the country’s borrowing needs for 2020...

2865. Effort at international level for Cyprus missing persons to be intensified

Cyprus President Nicos Anastasiades and the Pancyprian Organisation of the Relatives of Undeclared Prisoners and Missing Persons discussed on Tuesday, ways to intensify the effort at an international, political and diplomatic level to be intensified so that Turkey can be pressured to cooperate in the matter of the missing persons in Cyprus, during a meeting at the Presidential Palace, in the presence of Foreign Affairs Minister Nikos Christodoulides and Presidency Commissioner on Humanitarian Issues Photis Photiou....

2866. Both US and Iran claim ‘self defence’

Iranian UN ambassador has sent a letter to the UN Security Council calling Tehran’s missile strikes a "measured and proportionate" act of "self-defense,” while the US also says killing Quds Force commander Qassem Soleimani was for self defence...

2867. Greek Premier asks Trump for support

US President Donald Trump hailed his country's "extraordinary" relations with Greece as he welcomed Prime Minister Kyriakos Mitsotakis at the White House on Tuesday...

2868. High-stakes rape verdict turns political

A prominent attorney in Cyprus says the British teen convicted of fabricating rape allegations should get a presidential pardon, while an experienced human rights lawyer says there is solid ground for an appeal...

2869. Greece, Cyprus and Israel sign EastMed deal

Greece, Israel and Cyprus have signed a deal for an undersea pipeline designed to carry gas from offshore deposits in the southeastern Mediterranean to continental Europe...

2870. Pompeo to visit Cyprus next week

US State Secretary Mike Pompeo is scheduled to visit Cyprus next week where he will meet separately with the two leaders and reaffirm his country’s support for a UN-led effort to reunify the island under a federal roof...

2871. Erdogan points to drilling spots off Crete

In an interview on Turkish television, President Recep Tayyip Erdogan has indicated where Turkey plans to conduct research for hydrocarbons but also drilling, using a map to indicate the location east of Crete...

2872. Land units and plots across Cyprus for sale by GoGordian

2873. Athens denounces sea border deal to UN

Greece’s objections to the “legally invalid” maritime boundary deal between Turkey and Libya are meticulously outlined in two letters it has sent to the United Nations, which also call on Secretary-General Antonio Guterres to bring the matter before the Security Council...

2874. K. Treppides & Co Ltd: Family offices and Succession Planning for the Next Generation

The expansion of the family office sector has increased exponentially since the millennium. For most family offices, the greatest challenge to overcome is the successful transfer of the family structure to the next generation....

2875. Cyprus Tax Webcast November2019

Watch the new Deloitte Tax Webcast for November, presented by Mr. Pieris Markou, Deloitte Cyprus Tax & Legal Services Leader...

2876. GoGordian, the new player in property investment

2877. Man sought by police injured in free fall

A young man who was being sought by police is in critical condition after a free fall from the rooftop of a building in Limassol...

2878. US affirm commitment to eastern Mediterranean

State Secretary Mike Pompeo underlined the commitment of the United States in the Eastern Mediterranean and the deepening of bilateral relations with the Republic of Cyprus on security...

2879. Italgas to enter Greek market

Italy’s biggest natural gas distribution company, Italgas, is on the verge of entering the Greek market. Kathimerini understands that Europe’s third largest gas distributor is very close to reaching an agreement with fellow Italian Eni Gas e Luce for the acquisition of the latter’s portfolio in the Greek gas grid....

2880. President stresses political determination ahead of Berlin

President of Cyprus Nicos Anastasiades stressed on Friday his determination and political will to attend a meeting in Berlin, later this month, with UN Secretary-General Antonio Guterres and Turkish Cypriot leader Mustafa Akinci, in a positive and creative spirit, aiming to conclude the terms of reference “whatever the Turkish intentions are.”...