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421. Trendsetter company buys Cyprus’ most expensive property

The most expensive piece of real estate in Cyprus is off the market, following news that a global trading platform will buy the stunning beachfront property after a decade-long presence on the island...

422. Germany's new 'right to residence' effective as of January 1st 2023

Germany’s much-discussed Right to Residence and other laws making it easier for foreigners in the country to make their stay legal, move to the country or gain permanent residency there, has become effective today, January 1, 2023....

423. For 2023

As the new year becomes more visible in terms of the dynamics it brings to Cyprus on all levels, 2023 will be remembered not only as an "election year," but also as the end of innocence after Anastasiades' ten-year reign. ...

424. Cyprus' national minimum wage takes effect on first day of 2023

National Minimum Wage in effect in Cyprus for the first time in January...

425. Four year old with strep throat transferred to Israel

426. Is your organization Agile enough to embrace what tomorrow brings?

The transformation imperative is urgent, challenging and opportunity rich. Leaders are reframing their businesses to adapt to a new landscape by innovating their business model, elevating their customer experience, and finding new ways to leverage data and technology. This demands a careful balance: sustaining performance while investing in the skills, technologies, and agile ways of working to accelerate growth and create new opportunities. EY Agile practitioners place humans at the center of the organization, leverage technology at speed and innovate at scale....

427. Lebanese drinks giant Kassatly building plant in Ypsonas

Lebanese drinks giant Kassatly Group Holding has started work on a new plant in Cyprus under “Boutique Beverage Bottling Int’l Ltd” as part of ambitious plans to move the brand from a regional powerhouse to a global player....

428. Germany passes law allowing foreigners to easily gain residency

Germany’s Federal Parliament, Bundestag, has approved the amendments to the law on the right of residence and asylum for third-country citizens who are already in the country, with a majority of 371 votes....

429. Romania retaliates against Austria's Schengen veto

Romanians that were looking forward to spending winter holidays in Austria’s many tourist destinations have started calling off their bookings, following Austria’s Schengen Veto, which prevents Romania and Bulgaria to join the Schengen Area....

430. Grant Johnson: City of Dreams Mediterranean will be the game changer for Cyprus’ hospitality industry

The multi-themed City of Dreams Mediterranean resort in Limassol, which will include a luxury hotel, casino, entertainment and sports facilities, adventure park, shops and restaurants, among others, will begin operations in the second quarter of 2023. Grant Johnson, the General Manager of COD analyzes what exactly the City of Dreams Mediterranean will be, what it will offer to the tourism product of Cyprus, how it will strengthen the country's economy and its position as a popular tourist destination and at the same time he analyzes how this project will have significant benefits for the local community and its people. ...

431. US at the ready to lend support to Cyprus

Should disaster strike once again, the United States stands ready to lend its support, resources, and expertise to the Republic of Cyprus, US Ambassador Judith Garber assured, pointing out at the same time, that Americans have benefitted directly from the heroism and efficiency of the Civil Defense team in the past....

432. Germany eases entry rules for qualified young Indians

Nationals of India will soon be subject to less strict rules when reaching Germany for professional, study, and work purposes as the two countries have signed the German-Indian Migration Agreement....

433. EY: Open call for applications for the Women Fit for Business program Cyprus

AIPFE Cyprus-Women of Europe in collaboration with EY Cyprus and The Cyprus Institute of Marketing (CIM) will be launching the fourth round of the highly successful European initiative Women Fit for Business (WF4B) Cyprus in January 2023....

434. Has politics become a seedy business?

Last Friday's plenary session of the Parliament was marred by the speech of the now-independent MP Andreas Themistocleous on the occasion of the passage of the law on sexual education in schools....

435. Dept of Labour: 'Our social security fund is sound'

According to the Ministry of Labour and Social Insurance, the General Social Insurance Plan's most recent actuarial study shows that the amendments made up until 2012 ensure the long-term viability of the Social Insurance Fund and that,...

436. Germany eases rules for internationals to obtain citizenship

The federal government of Germany has unfolded its plans to introduce new changes to its immigration law, among others, to make it easier for internationals to obtain citizenship....

437. Averof: 'Technology firms can't find qualified Cypriot workers'

Averof Neophytou, Presidential Candidate and President of the Democratic Rally, stated after his visit to Murex that the global and Cypriot markets are in need of programmers and technology professionals....

438. Exness sponsors the first ever Cyprus Tech Career Fair

Exness was the Platinum sponsor of the Cyprus Tech Career Fair that took place from November 24 until November 26 at the Cyprus International Fair. ...

439. Almost half of nurses and midwives in Cyprus approve of euthanasia

Almost half - 49% - of the members of the Cyprus Nurses and Midwives Association (CyNMA) said they were positive about the possibility of euthanasia for people who are suffering, according to the results of a survey regarding euthanasia, suicide assisted by health professionals and assisted dying....

440. Children's House: 1,565 children screened for sexual abuse

Children's House received referrals for 1,565 children to be investigated for sexual abuse from its inception in September 2017 until October 2022, according to a press release issued by Hope For Children Organization on Friday in honor of today's European Day for the Protection of Children Against Sexual Exploitation and Abuse....

441. EY Cyprus presents the Transparency Report 2022

ΕΥ Cyprus has released its Transparency Report 2022, which provides an update on the firm’s efforts to execute high-quality audits, identify and mitigate risks and enhance trust in business and the capital markets, in support of sustainable, long-term value creation. ...

442. Nurses and midwives from the Ukraine can register in Cyprus

Ukrainian nurses and midwives who have sought asylum in the Republic of Cyprus may apply to be included at the Registry of Nurses and Midwives in the country on the basis of an EU recommendation to do with the recognition of professional qualifications of people forced to flee Ukraine due to the war....

443. Kyriakides: 'The next health crisis will be caused by antibiotic overuse'

Antimicrobial resistance is “often seen as the next big health crisis”, Commissioner for Health Stella Kyriakides said in a statement ahead of November 18th, European Antibiotics Awareness Day, commenting on a pan-European survey on antimicrobial resistance which has shown that half of Europeans still incorrectly believe that antibiotics kill viruses....

444. NATO response convoluted in missile aftermath

Puzzled world leaders breathed a sigh of relief on Wednesday after it was revealed that Ukrainian forces, not Russian, had fired missiles into Poland, but the incident had already disrupted G20 diplomacy meetings in Bali and further revealed hidden divisions within NATO...

445. The pay gap between men and women in Cyprus is at 9%.

Gender Equality Commissioner Josephine Antoniou said in a message on the European Union's Equal Pay Day that the pay gap between men and women in Cyprus is 9%, which means that women earn 91 cents for every euro earned by men....

446. Defendants acquitted in first 'golden passports' trial

Nine defendants—5 people and 4 legal entities—were cleared and released from the 36 charges they were facing in the case involving the exceptional naturalization of foreign applicants by the Larnaca-Famagusta Permanent Criminal Court, which convened today, Friday, November 4. This decision was based on the Kalogeros ruling....

447. Unemployment in Cyprus up by 1.9%

Unemployment in Cyprus marked an annual increase in October of 1.9% according to the Statistical Service of the Republic of Cyprus....

448. EY holds Cyprus Attractiveness Forum: Investment Realized, a reference point for FDI in Cyprus

The Cyprus Attractiveness Forum: Investment Realized, organized by EY in collaboration with the Cyprus Chamber of Commerce and Industry, took place on Tuesday, October 25th at the Parklane Hotel, in Limassol. ...

449. Private health insurance coverage declined by 20% due to GESY

Predictions of a drop in private health insurance coverage following the implementation of the second phase of the General Health Plan were slow to emerge....

450. €20,000 up for grabs at the first HackAdTech Hackathon in Cyprus

AdTech Holding, the Cyprus-based international lab, focused on creating startup ecosystems and innovations for AdTech and MarTech projects, informs that it’s hosting the first Open HackAdTech Hackathon, in Limassol....