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481. TechIsland's action of solidarity through a touching video

Another significant action supporting the residents of the affected areas by the catastrophic fires of last summer, was recently implemented by the Non profit Organization TechIsland, through the complete renovation of the Arakapas Regional Primary School, which is located right at the middle of the catastrophic fires....

482. 100 things to do and see Cyprus

Ever since COVID started and the airports were shut down, I decided to embark on a brand new journey in my homeland. Cyprus is filled with magnificent sceneries, art and flavors and it's almost always known for its beaches....

483. Malta legalizes recreational marijuana

Malta became the first European country to allow limited cultivation and possession of cannabis for personal use, following a vote in parliament on Tuesday...

484. KPMG in Cyprus partners with Salesforce

KPMG in Cyprus signed a partnership agreement with Salesforce and became the 20th Member Firm to officially join the KPMG Salesforce ecosystem....

485. 100 square meters of history in the old town

Her love for vintage, her concerns for the environment, but also what she had seen working for one of the most famous high-end brands in the world, led Natasa Theodotou...

486. The technology sector can become the new mainstay of the Cypriot economy

These are some of the key conclusions that emerged from the findings of a survey conducted last October by IMR/University of Nicosia™ on behalf of the non-profit organisation TechIsland. ...

487. The University of Nicosia (UNIC) announces the UNIC Open Metaverse Initiative

The Department of Digital Innovation and the Institute For the Future (IFF) of the University of Nicosia (UNIC) are happy to announce the UNIC Open Metaverse Initiative, a new comprehensive initiative focused on the academic, research and policy issues relating to the metaverse, with a particular emphasis on open public systems and standards....

488. Cypriot banks to reduce costs

The President of the European Banking Authority speaks to "K"...

489. Facebook company changes name to Meta

Facebook Inc is now called Meta, the company said on Thursday, in a rebrand that focuses on building the "metaverse," a shared virtual environment that it bets will be the successor to the mobile internet...

490. Israeli forex boss in Limassol faces extradition

The lawyers of a foreign exchange company boss in Limassol, who has been arrested in Cyprus in connection with a multimillion takedown of illegal online investments in Germany, have asked for more time before their client appears for his extradition hearing...

491. The City of London Is Hiding the World’s Stolen Money

In 1969, two years after the Cayman Islands, a British territory, passed its first law to allow secretive offshore trusts, an official government report struck an ominous note....

492. International fraud ring dismantled

A criminal organization involved in cyber fraud in Europe has been dismantled...

493. Why Europeans are facing a 'heavy winter'

Europe 's households are facing much higher energy bills in winter due to rising global energy and gas prices, and consumer organizations have warned that the most vulnerable could be hit by energy poverty....

494. Outage highlights how vital Facebook has become worldwide

In Lima, Peru, the breakdown complicated dental technician Mary Mejia’s job. Like most Peruvian medical workers, she uses WhatsApp for a multitude of tasks, including scheduling appointments and ordering crowns....

495. Facebook: In a whirlwind of scandals and unprecedented blackouts

It took a few minutes for it to disappear from the internet and about seven hours for it to return....

496. EY presents the 17th CFO Management Forum and the CFO Awards 2021

EY has proudly sponsored the 17th CFO Management Forum and 5th CFO Awards, which were held on Tuesday, September 28th at the Nicosia Hilton....

497. Magnitude 5.8 quake hits the island of Crete this morning

A strong earthquake shook the island of Crete at 9:17 am this morning, sending residents running outside their homes....

498. Hellenic posts 21 million euro profit

Hellenic Bank posted after-tax profits of €21 million for the first half of 2021....

499. Chasing immortality

"The only sure thing is death and taxes," Benjamin Franklin said 230 years ago. ...

500. EY announces the launch of EY Entrepreneur Of The Year™ in Cyprus

EY Cyprus is pleased to announce the launch of the EY Entrepreneur Of The Year™ program for the first time in Cyprus. With this launch, the ultimate global competition for entrepreneurs officially opens today for nominations. ...

501. K. Treppides & Co Ltd: Cryptocurrency

If you do a quick search on the internet on how many people have become “Bitcoin Millionaires” you will be inundated with stories of young individuals who invested their pennies some years ago and have now struck it rich. Currently there are over 100,000 accounts that hold US1,000,000 or more in Bitcoin....

502. EY: CEOs understand transformation cannot be put off following COVID-19 pandemic

More than two-thirds (68%) of CEO respondents from the world’s largest companies say that they plan to take on a major investment in data and technology over the next 12 months, while 61% plan to undertake a major transformation initiative over the same period, according to the global EY CEO Imperative Study 2021. ...

503. ECOMMBX and friends take immediate action to help wildfire victims

Without any second thoughts ECOMMBX, ECOMMPAY and other fintech/ IT/ Technology companies, members of Techisland community, cojoined forces to raise a total of €900.000 for immediate and short-term relief measures. ...

504. ECB tells Cyprus lawmakers to get it right

Elizabeth McCaul, Member of the Supervisory Board of the ECB, advised caution over possible amendments to the Cyprus foreclosure law stressing that 'such policies can also backfire and destabilize the banking sector if designed in a haphazard manner'...

505. G7 agree on plan targeting tax heavens

The G7 reached a landmark deal on Saturday to pursue higher global tax rates on multinational businesses but the measures need broader support including an EU resolution, with retractors including Cyprus where Amazon recently registered a company...

506. Family businesses in Europe fared better in response to COVID-19

For businesses of all types, the first impact on the pandemic was felt on revenues. 64% of European family businesses reported initial revenue losses compared to 69% of family businesses globally, 25% managed to maintain their revenue levels, and 11% experienced increases...

507. IMF: Withdrawal of support measures should be gradual

An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities from March 8–29, 2021 to discuss recent economic developments and policy priorities on the island. In an interview with Kathimerini Cyprus, IMF mission chief for Cyprus, Anita Tuladhar, said the longer the recovery period in sectors related to tourism, the greater the chance that permanent scars will remain in the economy of Cyprus. Tuladhar also noted the importance of state-sponsored programs to support the economy....

508. Gloves are off in EU-China relations

The United States, the European Union, Britain and Canada imposed sanctions on Chinese officials on Monday for human rights abuses in Xinjiang, in the first such coordinated Western action against Beijing under new US President Joe Biden...

509. Property valuations and uncertainty clauses

Property appraisers in this country have had to deal with unprecedented events in the last seven to eight years that forced them to make use of the so-called 'uncertainty clauses' in their real estate estimates...

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