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1. Maritime industry adapts to rising security challenges

In response to growing instability in various global regions, the maritime industry is witnessing a surge in demand for specialized security services....

2. €182M deal marks Hellenic's strategic move into insurance sector

CNP Cyprus, the subsidiary of the French insurance giant CNP Assurances, is finally being transferred to Hellenic Bank for €182 million....

3. Cyprus plays key role in EU's operation ASPIDES

In response to increased threats from the Houthi terrorist group, the European Union has approved the initiation of Operation ASPIDES, aiming to bolster security and freedom for European shipping in the Red Sea. ...

4. Hellenic Bank and ERGO Germany eye CNP Cyprus acquisition

Two entities are currently in discussions regarding the acquisition of CNP Cyprus Insurance Holdings, the subsidiary of the French insurance giant CNP Assurances. ...

5. Actors celebrate as grants soar to 40,000 euros

In a significant development, the funding limit for theatrical actors has doubled to 40,000 euros from the previous 20,000, as reported by "K" on Wednesday, January 17....

6. Cyprus backs UN resolution condemning Houthi attacks on Red Sea shipping

The Cypriot registry seems to remain unaffected for the time being by the latest developments in the Red Sea......

7. Schools vulnerable to ransomware

The confidential documents stolen from schools and dumped online by ransomware gangs are raw, intimate, and graphic. They describe student sexual assaults, psychiatric hospitalizations, abusive parents, truancy — even suicide attempts....

8. Insurance premiums expected to rise slightly

Inflation-related losses are also occurring for general insurance policies. Cyprus' insurance policies will specifically follow the broad pattern of other nations and other international insurance companies,...

9. A market-based solution to the anti-vaxxer problem

As the world grapples with the fast-spreading Omicron variant and its potentially devastating consequences, a major policy dilemma revolves around how governments might nudge the unvaccinated or partially vaccinated to join the ranks of those who are fully protected....

10. COVID-19 is adding new impetus to finance transformation

11. How Russian uncapitalism works

Like a private equity firm enacting an acquisition-led ‘roll-up’ in a fragmented sector, Putin and Co in Russian have been busy in recent years quietly taking scores of small banks into state ownership...

12. Bulgaria scrambling over Olympic bankruptcy

The bankruptcy of Cyprus-based Olympic Insurance Company has become the focus of attention and a regulator has resigned, after 200,000 Bulgarians were left without insurance...

13. Annual insurance cost climbs for saloon cars crossing north

Saloon car owners in the south who buy annual car insurance to drive north will have to pay a higher price starting Tuesday, following a decision by Turkish Cypriot officials...

14. Cyprus energy search – averting a US-Turkey crisis

Cyprus continues to proceed with offshore oil and gas projects despite Turkey's opposition...