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121. 10,000 migrant departures in 2024, asylum applications drop 41%

Cyprus has seen a significant reduction in asylum applications and migrant arrivals in 2024, according to Deputy Minister for Migration and International Protection, Nicolas Ioannides. ...

122. Starbucks’ new rule: No coffee, no entry

Starbucks is set to roll out a new policy requiring customers to make a purchase if they wish to linger in its cafes or use its bathrooms. ...

123. Orthodoxou Aviation Ltd – General Sales Representative of Anima Wings in Cyprus

We are pleased to announce that starting from May 2024, Orthodoxou Aviation Ltd has been appointed as the General Sales Agent (GSA) of Anima Wings in Cyprus, ...

124. Cyprus sets sights on year-round tourism

Cyprus has long been known for its sun-drenched beaches and azure seas, but a new vision is emerging to transform the island into a full-time tourist destination within the next five years. ...

125. Cyprus, Greece, and Egypt team up to boost business opportunities

Entrepreneurs and businesses eyeing opportunities in the Eastern Mediterranean have reason to celebrate. Cyprus, Greece, and Egypt have formalized a powerful partnership with the establishment of a Trilateral Business Council...

126. The 'dragon' threatens citrus and exports

The Ministry of Agriculture, Rural Development, and Environment is requesting the support of local authorities to prevent the destruction of the island’s citrus crops....

127. A fresh analysis of the Moon’s history has unveiled intriguing new clues about its age

While we have long known that the Moon was formed by a massive collision with Earth around 4.5 billion years ago, a new study reveals that a major event of remelting around 4.35 billion years ago has been hiding the true age of the Moon....

128. ChatGPT: Your new digital assistant, but don't rely on it blindly!

Since November 2022, we’ve been living through a tech revolution that’s changed the way we get information. Imagine having a digital assistant, always ready to answer your questions in a clear, structured way. ...

129. How the European Artificial Intelligence (AI) Act will transform Auditing and Financial Reporting and the crucial role of the external auditor

The European Union took a bold step in August 2024 by adopting the AI Act, a landmark regulation designed to ensure that Artificial Intelligence systems are safe, ethical, and transparent. ...

130. Unveiling the face of Saint Nicholas (pictures)

Saint Nicholas of Myra, the 4th-century bishop whose acts of kindness inspired the legend of Santa Claus, has been brought back to life—virtually....

131. Finland’s schools lead the charge against fake news, starting young

In Finland, teaching children how to spot fake news begins as early as preschool, and by the time students reach middle school, they’re adept at analyzing media with a critical eye. ...

132. Cablenet welcomes Velisarios Masouras as Chief Financial Officer

Cablenet is pleased to announce the appointment of Velisarios Masouras as its new Chief Financial Officer (CFO), effective November 18, 2024....

133. Pope Francis urges families to ''make children'' during first visit to Corsica

In his first-ever visit to Corsica, Pope Francis delivered a clear message about the need for more children, urging families to embrace parenthood amid declining global birth rates. ...

134. Former OpenAI researcher found dead amid copyright dispute

Suchir Balaji, a 26-year-old former researcher at OpenAI, was found dead in his San Francisco apartment on November 26. Authorities reported no evidence of foul play. ...

135. Cyprus and Oman sign double taxation deal to boost trade and investment

The Republic of Cyprus and the Sultanate of Oman have signed a new agreement aimed at avoiding double taxation and preventing tax evasion....

136. Moody’s Nick Hill on financial risks and opportunities for 2025

In an insightful conversation with Kathimerini's Panayiotis Rougalas, Nick Hill discusses the key macroeconomic risks and opportunities facing the region in 2025....

137. Geopolitical turbulence presents a looming threat to 2025 economic growth

Speaking at the 20th Economist Conference in Nicosia, Nick Hill highlighted the macroeconomic and geopolitical challenges shaping the global financial environment....

138. Temu’s tempting deals are a double-edged sword for Cypriot shoppers

Temu, an emerging e-commerce platform, offers an extensive range of products, from gadgets and household goods to clothing and toys, at remarkably low prices....

139. A critical step for economic growth in Cyprus includes tax reform

Speaking at an Open Discussion Event organized by the G.R.M. Professional Training Center at the St. Raphael Resort in Limassol, under the theme “The Upcoming Tax Reform in Cyprus: Purpose, Guidelines, and Timelines,” the Minister announced that a comprehensive meeting is planned for early 2025....

140. Commission's migration challenge: Syria and political hurdles complicate new EU legislation

According to an article by Pavlos Xanthoulis, the European Commission, led by Ursula von der Leyen, prepares to unveil a new migration and refugee framework in February 2025, significant challenges loom, from escalating conflict in Syria to contentious legal and political disputes within the EU. ...

141. Nicosia aims to become a model for sustainable tourism

Nicosia is positioning itself as a model for combining urban and rural tourism, offering a rich blend of cultural heritage, modern experiences, and sustainable development, according to Deputy Minister of Tourism, Costas Koumis....

142. Cybersecurity and ICT risks emerge as leading drivers of operational risk

Geopolitical tensions have significantly increased operational risks, particularly in the areas of cyber and digital threats, as well as risks related to money laundering and sanctions compliance....

143. Vafeadis: ''Everyone is responsible for their own car''

''Everyone is responsible for their own car,'' said the Minister of Transport, Mr. Vafeadis, regarding the problematic – and deadly – airbags found in tens of thousands of unsuspecting drivers’ cars on Cypriot roads...

144. PwC Cyprus partners with leading companies for groundbreaking Project Symbiosis

A leading Consortium comprised of PwC Cyprus, Multimarine Services Ltd, SignalGeneriX Ltd, and Theophrastus Research Institute, has been awarded the Project Symbiosis to Harmonise Offshore Renewable Energy with Defence Operations by the European Defence Agency (EDA)....

145. Apple quietly discontinues lightning to 3.5mm headphone adapter

Apple has quietly pulled the plug on its once-essential Lightning to 3.5mm headphone adapter, marking the end of an era for iPhone users who relied on the small accessory....

146. Greece revamps military for speed, efficiency, and tech

In a sweeping overhaul of its military structure, Greece is set to streamline its armed forces with a bold new ''Force Structure'' plan....

147. €10,000 Raised at Eureka Marseille Charity Fashion Show for Preventive Pediatrics

The ''Eureka Marseille Charity Fashion Show'' was held with great success on November 14, 2024, at the Royal Hall in Nicosia, where the venue was packed with attendees. ...

148. ARIS │ A REALLY INSPIRING STORY is looking to cultivate new stories of success

149. 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. ...

150. New EU tariffs on Chinese EVs slow Cyprus’ shift to electric cars

The European Union's new tariffs on electric vehicles (EVs) imported from China, reaching as high as 35.3%, are expected to significantly impact Cyprus' already slow-moving EV market, according to a report by Kathimerini's Dorita Yiannakou....