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511. Nicosia midtown center in the works

A new modern business centre on the most popular main street in Nicosia is said to be in the pipeline, following reports that the Bank of Cyprus has sold a parking lot in the midtown area...

512. PwC Cyprus: a steady supporter of entrepreneurship and innovation

513. New chapter in store for old Orphanides mall

The Bank of Cyprus is reportedly sounding out the government on a potential mega deal in west Nicosia, with ideas thrown around for the old Orphanides Mall to become a business centre or a medical facility...

514. UNSG calls on two sides to cooperate on pandemic, opening of crossings

The leaders on both sides of the Cyprus divide received a letter from UN Secretary General Antonio Guterres, who called for cooperation in dealing with the pandemic and in lifting restrictions at crossings....

515. Minister keeps bus drivers on their toes

Transport Minister Yiannis karousos made an unannounced visit to a bus transit location on Friday to experience firsthand the implementation of public health guidelines...

516. Police on the stand in serial killer probe

The top legal advisor in the Republic of Cyprus has recommended that criminal charges be included in the prosecution against a number of police officers involved in a suspected mishandling of missing women complaints in the Orestis serial killer case...

517. Michael Kyprianou & Co LLC recognised internationally as a Leading Cyprus Law Firm

Michael Kyprianou & Co LLC had the honour of been recommended for all its areas of practice. At the same time it has received top tier recognition in the fields of Dispute Resolution, Employment Law and Real Estate & Construction Law....

518. Greece eyes gradual easing of lockdown measures

The Greek government is working on a plan to ease some of the restrictions that have been introduced to curb the spread of the coronavirus, with Prime Minister Kyriakos Mitsotakis expected to make announcements next week....

519. Corporate Social Responsibility and Corporates’ response to COVID19

The long-term debate over CSR is concerned with whose interests should be attended to, shareholders or stakeholders, and this is actually the debate of the two competing theories over the purpose of the modern business firm...

520. President: Unnecessary travel strictly prohibited, violators to be fined

Addressing the nation on Monday night for the second time since the coronavirus pandemic broke out in Cyprus in early March, President Nicos Anastasiades announced that all unnecessary travel will be banned as of 6pm on Tuesday until April 13....

521. PwC: We support our people, clients and the society

522. Financial measures tackle coronavirus in Cyprus

Measures of Financial Support to address the Impact of the Coronavirus have been announced by the Government of the Republic of Cyprus...

523. Health Minister issues decree banning gatherings of over 75 persons

A decree issued by the Health Minister on Wednesday solidified the government decision to ban public and private gatherings of over 75 persons....

524. Travel agents issue SOS as cancellations mount

Cancellations and minimal new bookings have brought travel agents to “the brink of disaster”, the President of the Cyprus Association of Travel Agents, Vasilis Stamataris, said in a press conference on Wednesday....

525. North to bar entry from 'high-risk' countries

The north will stop accepting people from countries deemed ‘high-risk’ due to the spread of coronavirus, the Bicommunal Technical Committee on Health agreed on Tuesday....

526. EDEK party shrinks as turmoil escalates over ousted MEP

After the dramatic ousting of MEP Demetris Papadakis from socialist party Edek on Monday, the party continued to shrink throughout the week with the resignation of ten party members by Friday....

527. British High Commission replies to British expats FAQ

The British High Commission in Cyprus compiled and replied to some of the most frequently asked questions by UK nationals in Cyprus, providing further clarity on what British expats living on the island can expect post-Brexit. ...

528. More work needed in serial killer probe

More statements described as “necessary” and some changes are being sought in the serial killer probe, which has identified so far two dozen officers for failing to do their job in handling cases of missing women and children who were later found murdered in Cyprus...

529. Football and Money Laundering

It has been identified years back at European and global level, that sports and especially football is being used by criminals to launder dirty money and derive illegal income...

530. Accounting profession the pillar of powerful economies

531. Officers named in serial killer probe

An independent probe into police handling of missing complaints in the serial killer case has been completed, with investigators naming some 20 officers for failing to do their job...

532. 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....

533. Attorney general weighs in on spy van

The attorney general of the Republic of Cyprus has appointed a special investigator in the “spy van” case, while the Israeli company that sells controversial surveillance vehicles is calling on authorities to investigate what it calls a “false accusations” campaign...

534. Cypriot police vague over spy van

New information has emerged about a controversial spy van in Cyprus, with reports suggesting police may have known about its special capabilities in advance...

535. 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...

536. UN diplomat expresses concern over uncertainty for the resumption of negotations on Cyprus

The UN Secretary General’s Special Representative and head of the UN peacekeeping force in Cyprus (UNFICYP) Elizabeth Spehar has said that uncertainty regarding the prospects for the resumption of the negotiations aiming to solve the Cyprus problem remains a concern, adding that “these are crucial times both on the island and in the region.”...

537. 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...

538. Anastasiades: We accept political equality

In this context and following a call from the Secretary General for an agreed basis for the resumption of negotiations, there is an understanding by the leaders of the two communities that the relevant “Terms of Reference” should comprise the following elements: ...

539. 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?...

540. Greek PM in charm offensive aiming to ease primary surplus targets

Prime Minister Kyriakos Mitsotakis is planning a series of trips abroad toward the end of this month and next, hoping to convince Greece’s creditors of the recently elected government’s commitment to reforms and to lay the groundwork for reducing demanding primary surplus targets agreed under the country’s post-bailout agreement....