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211. COVID: Almost 2800 cases reported since last Friday the 7th of October

Cyprus announced two deaths due to COVID-19 with 2,759 new cases detected from 7-13 October....

212. Tax returns from prior years being cleared quickly

The Tax Department is proceeding rapidly with the clearing of the Tax Declarations of companies and individuals from previous years with the aim of having all the declarations cleared by the summer of 2023, Tax Commissioner, Sotiris Markides, told CNA....

213. The future of the banking sector is digital, green and social

The future of the banking sector is digital, green and social, said the participants at the 3rd online FMW Conference, titled "Banking System: New Challenges and Opportunities". The Conference also highlighted the contrast between trying to tame inflation by raising interest rates and supporting vulnerable groups to avoid social unrest....

214. EY achieves highest growth in nearly two decades, reports record global revenue of US$45.4b

EY announced combined global revenues of US$45.4b for the financial year ending June 2022 (FY22), an increase of 16.4% in local currency (13.7% in US dollars). This marks one of the most successful years in the history of the organization with the highest growth seen in nearly two decades attributed to the EY NextWave strategy to deliver long-term value for EY people, clients and society....

215. October feel arrives as spotty showers move in

Temperatures are dropping rapidly in Cyprus after an unusual scorching weekend, with spotty showers and thunderstorms expected in different areas throughout the week...

216. 170,000 flu vaccines on on their way to Cyprus

Vaccination against the seasonal flu by GPs is expected to begin within the first ten days of October and Cyprus will receive 170,000 vaccines which are set to arrive Wednesday....

217. COVID: 500 new cases reported in 288 schools in the past week

More than 500 new COVID-19 cases were reported in school units in the last week, creating small transmission chains, CNA has learned....

218. The price increase of halloumi is justified, Minister of Agriculture says

The slight increase recorded in the price of the halloumi cheese is justified, Minister of Agriculture Costas Kadis said on Thursday....

219. EY Cyprus to present findings of 2nd ΕΥ Attractiveness Survey at Cyprus Attractiveness Forum: Investment Realized on 25 October

EY Cyprus is proud to present the findings of the second edition of the EY Attractiveness Survey Cyprus 2022, during its flagship event, Cyprus Attractiveness Forum: Investment Realized 2022 on 25 October 2022 at Parklane Hotel, Limassol....

220. Nouris: More foreign companies setting up shop in Cyprus

The adoption of the New Strategy for Attracting Business and Talent has led to an impressive increase in interest from foreign companies to establish their presence in Cyprus, ...

221. Self check-in and robots - the future of tourism in Cyprus

222. ECB hikes up interest rates 75 basis points to 1.25%

The European Central Bank raised its key interest rates by an unprecedented 75 basis points on Thursday and signalled further hikes, prioritising the fight against inflation even as the bloc's economy is heading for a likely winter recession....

223. Cypriot airlines dismiss rumors after Bloomberg article

Airlines operating out of the Republic of Cyprus reportedly have denied rumors that they could be going under, following trouble with Romanian Blue Air and a Bloomberg report warning about the island’s two carriers...

224. Masks no longer required, but with some exceptions

Minister of Health, Michael Hadjipandela, made statements following the Cabinet meeting today, followed by a further briefing by the communication officer of the Ministry of Health, Constantinos Athanasiou....

225. Indoor masks come off yet again, except in high-risk areas

The abolition of the mask indoors and several recommendations are included in the recommendations of the Ministry of Health and the Advisory Committee to the Council of Ministers which will meet on Wednesday morning. ...

226. Veterinary Medicine program now being offered at the University of Nicosia

Do you want to study in one of the most rapidly evolving sectors of the global market, offering you the opportunity to either be self-employed, work in a large organization, or dedicate yourself to the field of research while contributing to the development of scientific innovation and progress?...

227. The second annual vegan fam festival is back!

The Vegan Fam Festival returns for the second time on Saturday, September 10, 2022, at the Centennial Olive Park in the village of Psematismenos, Larnaca. Opening time 11:00 - 23:00. Free entrance....

228. COVID: 16 more deaths and 2,154 new cases this past week

Cyprus’ Health Ministry on Friday announced 16 deaths and 2,154 new COVID-19 cases for the week between August 19 and 25. The new cases were detected among 60,841 tests, while the positivity rate was at 3.54%....

229. What is causing the unexpected drop in global food prices?

Six months after Russia's invasion of Ukraine, the inflationary shock is still causing a "headache" for markets, government staff and households, with the price of natural gas hitting new record levels yesterday....

230. Turkey must behave as a NATO ally

Senator Bob Menendez, chair of the United States Senate Committee on Foreign Relations, calls for more steps to deepen the multidimensional relationship between Greece and the US, from defense and security to emerging technologies, the digital economy, the maritime industry and commercial shipping....

231. Covid plan for the fall still being hammered out

The meeting between the Minister of Health, Michael Hadjipantela, and members of the Scientific Advisory Committee, during which a COVID pre-emptive plan for the fall was discussed, ended earlier today resulting in the following statement from the Minister on the issues that will be addressed for the fall season and beyond....

232. Deaf people can now ‘see’ conversations thanks to subtitle glasses

A company has created augmented reality spectacles that place subtitles on conversations happening in the real world....

233. Rainwater everywhere contains unsafe levels of 'forever chemicals'

Rainwater everywhere on Earth has been found to contain dangerous levels of man-made 'forever chemicals' linked to cancer and other illnesses, a study has found....

234. KPMG Limited and Georgiou, Iacovou & Co LLC announce the admission of the law firm Georgiou, Iacovou & Co LLC to the KPMG global network of member firms

KPMG Limited and Georgiou, Iacovou & Co LLC wish to announce the admission of the law firm Georgiou, Iacovou & Co LLC to the KPMG global network of member firms, as of 1 August 2022. The law firm will operate in the jurisdiction of Cyprus under the KPMG Law brand. ...

235. Foreign Direct Investment in Europe a game of two halves: current volatility impacts strategy while long-term appeal instills confidence

Europe’s attractiveness for FDI has shown signs of recovery following the COVID-19 pandemic with a 5% increase in the number of projects announced in 2021 compared to 2020, according to the latest annual EY European Attractiveness Survey....

236. Foreign tourist goes after Ayia Napa police

A Chinese man living in London is seeking public support as he takes on the police in Ayia Napa, saying he was physically and verbally abused in a racially-motivated encounter during the pandemic and further alleging he was denied access to a lawyer...

237. ECB raises interest rates .5%, with further rate hikes on the horizon

The European Central Bank (ECB) increased interest rates by more than expected on Thursday, raising its benchmark deposit rate by 50 basis points to zero percent, impacting the Cyprus banking system and local borrowers....

238. Covid: 13 deaths and 10 thousand new cases detected last week

The Health Ministry in Cyprus announced on Friday that 12 COVID-19 patients, three women and nine men, died of COVID from 15 to 21 July while 10,152 new cases were traced with the positivity rate reaching 9.14%. ...

239. EY announces US$1b investment in a next generation technology platform to facilitate trust, transparency and transformation through assurance services

EY announced an investment of more than US$1b in a next generation assurance technology platform – part of a sustained focus on providing high quality audits and responding rapidly to changing expectations from regulators, governments, standard setters, audit committees and boards. The four-year investment is enabled by a wider US$2.5b program, announced by the EY organization in September 2021....

240. Kyriakides: EU states must take preventive steps to deal with Covid-19 in the fall

In a letter to each of the 27 EU member states, Stella Kyriakides called on their respective Health Ministers to take preemptive measures in preparation for the autumn season with regard to the coronavirus pandemic, which may include the administration of newly adapted vaccines against the Omicron variant, given the recent increase in Covid cases in the European Union. ...