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391. School of tourism and hospitality management breaking ground in Paphos

The Mayor of Paphos, Phaedon Phaedonos, signed an agreement yesterday with TEPAK (The Cyprus University of Technology) for the establishment of a School of Tourism Management, Hospitality and Entrepreneurship....

392. As a student in an ever changing world who can you turn to for career advice?

Which profession should I choose? What suits me best? Which professional choice should I make? Which path will I follow?...

393. Less red tape for asylum seekers but no new options

Labor minister Zeta Emilianidou says her office has simplified paperwork for the hiring of asylum seekers, but the country's chamber of commerce says cutting red tape and shuffling less paper does not solve staff shortages in fields that are still inaccessible to those applicants...

394. New measures to attract new businesses and property purchases

The day before yesterday, YPOIK announced a new support package aimed at attracting foreign companies to operate in Cyprus....

395. Cyprus frets ‘pandoramonium’ overshadowing good work

The Cypriot finance ministry says a European Parliament resolution on Pandora Papers and subsequent criticism by local opposition is overshadowing the amount of good work that has been done on the island against illegal activities, as some parties are calling on the president to step down...

396. K. Treppides & Co Ltd: Renewed European finance strategy and implementation of the action plan on financing sustainable growth

The European Commission adopted on 21 April 2021, a comprehensive package of measures to help improve the flow of money towards financing the transition to a sustainable economy, whereas these measures will be instrumental in reaching climate and environmental targets as well as vital for economic recovery from the COVID-19 pandemic. ...

397. Red Arrows to fly over Cyprus

The Royal Airforce Aerobatic team, commonly known as the "Red Arrows", will be zooming accross the skies near Pissouri around 1605 to 1615 local time tomorrow (Tuesday) afternoon...

398. EY reports global revenues of US$40b in 2021 and outlines record US$10b investment plan over next three years

EY announces combined global revenues of US$40b for the financial year ended June 2021 (FY21), an increase of 7.3%, a solid result given the global economic impact caused by the COVID-19 pandemic. ...

399. Another 85 million by February if Cyprus meets deadline of key reforms

With the first 157m euros already paid in advance from the Cyprus Recovery and Resilience Fund, the country still has a long way to go to complete the reforms and investments required to unlock the next 85m euros which is due to be received in February 2022....

400. Cyprus wants clean slate in naturalizations

The government in the Republic of Cyprus has laid out a new blueprint for naturalizations of foreign investors and skilled immigrants, pointing to a departure from the country’s disgraced golden passport scheme while respecting the EU position on citizenship criteria...

401. EY and IIF survey shows climate change top concern for banks

402. Labor exploitation case filed in Nicosia court

A man in rural Nicosia, who was arrested in early June on charges related to human trafficking and labor exploitation, was one of 229 suspects detained all over Europe during an operation coordinated by Europol...

403. Legal departments face challenges in transformation efforts

Legal departments across the globe are facing a mounting list of operational challenges as they look to transform in the wake of complex digital and regulatory change, according to the 2021 EY Law Survey, which was conducted in collaboration with the Harvard Law School Center on the Legal Profession...

404. 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...

405. 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....

406. How can digital government connect citizens without leaving the disconnected behind?

Governments should focus on inclusive digitalisation by improving digital literacy and promoting virtual interaction, and this could be achieved by providing digital resources like laptops and tablets in order to get people online and run programs to improve the digital skills...

407. EU frontline ministers talk migration in Athens

Cypriot Interior Minister Nicos Nouris is in Athens this weekend where he is attending a MED5 meeting on immigration, with some of the bloc’s Mediterranean members tackling issues stemming from Brussels’ new migration proposals that divide the union...

408. EY Academy of Learning & Development introduces a new Web-Based Learning initiative

EY Cyprus is proud to announce the launch of a new Web-Based Learning (WBL) initiative, an expansion of the offerings of the EY Academy of Learning and Development...

409. Coordination for green digital transition needed, Kokkinos says

Deputy Minister of Research, Innovation and Digital Policy, Kyriakos Kokkinos stressed the need to coordinate actions and investments at national and European level to achieve the EU's goals "for a sustainable, digital and green transition, empowering businesses with an emphasis on the SME and start-up ecosystem, and ensuring EU technological dominance", during his intervention at the informal teleconference of the Competitiveness Council for Research, under the Portuguese Presidency....

410. Limassol cops shut down underground poker

Over a dozen people were fined by police in Limassol for violating health laws after being caught red handed engaging in an illegal poker game during night curfew...

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

412. Cyprus remains an attractive investment destination

Cyprus remains an attractive investment destination, especially among established investors ...

413. FBI offers deal to 'Cypriot hacker'

A young man known as the “Cypriot hacker” who was flown to the United States last summer to face trial, may have a deal after all, with reports saying Joshua Polloso Epifaniou is ready to enter a plea but it is unclear if he would need to do jail time halfway around the world...

414. Network resilience in a post-pandemic world

While telcos have largely risen to the challenge of withstanding a surge in network demand during the COVID-19 pandemic, pressure to maintain infrastructure resilience and expand reach emerges as the most pressing sector challenge...

415. COVID-19 calls for digital technology investments in oil and gas

Ninety percent of oil and gas executives agree that investments in technology and workforce are essential to surviving current market conditions, according to a new EY survey...

416.  EY announces the win of three 2020 Microsoft Global Partner of the Year Awards

417. EY Attractiveness Survey Cyprus 2020

EY Attractiveness Survey Cyprus 2020: Investors are optimistic about the country’s attractiveness over the coming years, but state that there is room for improvement...

418. MBA scholarships at CIIM for Oil & Gas Management

419. Microsoft plans $1 billion data center venture in Greece

Microsoft has announced plans to build three data centers in greater Athens, providing a badly needed investment of up to $1 billion to the Greek economy which has been hammered by the pandemic....

420. Over half of EMEA private businesses expect revenue to decline