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421. AstroBank's record-breaking year: €30.4M in profits for 2023

AstroBank reported Profit After Tax of €30.4 million for 2023, representing a return on equity (RoE) of 13.9%, compared with €12.2 million and RoE of 6.2% for 2022, achieving an increase on profit of 150%, mainly due to increased interest income....

422. German Order of Merit awarded to Cypriot professor

In a ceremony scheduled for Wednesday, April 17, Professor Nikolaos Zamboglou will be honored with the Cross of the Order of Merit of the Federal Republic of Germany by German Ambassador to Cyprus, Anke Schlimm....

423. Commonwealth leaders forge path to ocean sustainability

On Friday, April 19, 2024, Limassol will host the inaugural ministerial summit for the Oceans of the Commonwealth States....

424. What economic headlines are making waves this week?

Amidst a backdrop of economic shifts and global challenges, a series of key developments are shaping the financial landscape. ...

425. Cyprus launches crucial tax reform study, President says

A study on the level of chargeable income tax is in progress, as part of the wider effort over a tax reform in Cyprus, President Christodoulides said on Thursday afternoon....

426. Edward Guk's pizza revolution at The SeaBlings

Edward Guk, a 24-year-old culinary sensation with roots in Russia and training from the esteemed Le Cordon Bleu London, has been causing quite a stir with his pizza creations at The SeaBlings in Limassol....

427. Gaza's wounds deepen amidst humanitarian crisis

The ongoing conflict in Gaza offers little novelty to seasoned observers of conflicts, especially within the tumultuous landscape of the Middle East's Arab-Israeli tensions....

428. WHO-Led European Health Summit convenes in Limassol

Health and Deputy Health Ministers from 13 European states, including Malta, Luxembourg, Andorra, San Marino, Iceland, Monaco, Montenegro, Latvia, Estonia, Slovenia, Moldova, North Macedonia, and Cyprus...

429. Hatzigiannis: ''The social responsibility of banks is non-existent''

Members of the Commerce Committee voiced disappointment following the responses provided by bank representatives regarding the installation of additional automatic teller machines (ATMs) to facilitate money withdrawals in communities....

430. Cyprus showcases business potential at Japan forum

Cyprus Energy, Commerce, and Industry Minister George Papanastasiou showcased Cyprus as a prime international business hub during the Cyprus-Japan Business Forum in Tokyo....

431. Deloitte reveals steady surge in Cyprus real estate transactions

Deloitte issued the Cyprus Real Estate Review, which presents an in-depth analysis of the real estate market in 2023....

432. Greece introduces ''talent and tech visas'' for non-EU citizens

Greece is about to introduce more formal incentives for attracting non-European Union citizens, this time based on their talent and expertise, as a means of boosting the country’s supply of skilled staff, which is seriously lagging demand in the high-tech sectors....

433. Green marketing: The truth behind eco-friendly claims

The deceptive practice of greenwashing, aimed at misleading consumers about the environmental qualities of products or services, is drawing increasing scrutiny....

434. Patsalides steps up as Central Bank Governor

President Nikos Christodoulides, exercising his constitutional powers, has decided to appoint Dr. Christodoulos Patsalides as the Governor of the Central Bank of Cyprus....

435. Apple's plan for smart home robots unveiled

Apple is currently working on a venture into household robots, which might become the company's "next big thing" after the Vision Pro headset and having abandoned its decades-long effort to develop a self-driving electric automobile. ...

436. How Israel's AI system identified 37,000 Hamas targets in Gaza

During the recent conflict in Gaza, the Israeli military utilized an undisclosed AI-powered database, known as Lavender, to identify potential targets linked to Hamas. ...

437. Cyprus sailing clubs caught in legal tussle

The lack of legislation tailored to the needs of Nautical Clubs, essential for training and fostering nautical sports, is causing confusion and unfairness....

438. Christodoulides heads to Lebanon to address migrant influx

Cyprus President Nikos Christodoulides is traveling to Lebanon on Monday to discuss the increased arrivals of migrants. He said once more that the situation was difficult but assured that “we will deal with it”....

439. EU probes Chinese subsidy claims in Romania solar tender

440. Chevron's new proposal for ''Aphrodite''

March 31 marked the end of the three-month deadline given by Nicosia to the US company Chevron, a key partner in the joint venture for the development of Block 12 ...

441. Cyprus Investment Association unveils €8 billion in projects

Members of the Cyprus Association of Large Investment Projects unveiled ambitious plans Thursday, highlighting 18 to 20 projects valued at over €8 billion. ...

442. FT: Google explores charging for AI search enhancements

Google is contemplating charging for new "premium" features powered by generative artificial intelligence (AI) in its search business, marking a significant shift. The proposed revamp, aimed at its search engine, would be the first time the tech giant has put any of its core products behind a paywall....

443. Range Rover House sets new standards in elegance

Selected guests enjoyed a one-of-a-kind, exclusive experience at the Range Rover House, indulging in contemporary luxury...

444. Cabinet approves closer partnership with US to tackle financial crimes

Within a short period after Nicosia's announcement of closer cooperation with the US on money laundering issues, the Council of Ministers approved the signing of a memorandum of cooperation between the Cyprus Police and the FBI. ...

445. Fortifying digital banks and battling cyber threats

The period we are going through raises serious concerns about the security of critical digital infrastructures. Among these, the most significant are those of banks, and in this direction...

446. Women driving the future: Alina Sauer's mission at BMW

In an era where women are increasingly making their mark in traditionally male-dominated fields, Alina Sauer stands out as a shining example of female leadership in the automotive technology sector...

447. AI voice cloning raises alarm as US and UK forge landmark AI safety pact

A new form of deepfake technology, known as voice cloning, has recently surfaced, raising concerns about its potential misuse. OpenAI, a prominent tech company,...

448. Lawyers challenge money laundering watchdog in Cyprus

Establishing a system to oversee financial companies in Cyprus is proving tricky, according to an article written by Apostolos Tomaras. It all started when the US and UK slapped sanctions on Russia,...

449. Trump's $175M bond halts NY fraud case collection

Former President Donald Trump has taken action in his New York civil fraud case, posting a $175 million bond on Monday. ...

450. Employers call for tax reform to spur economic growth

Employers are advocating for a comprehensive overhaul of the tax system, proposing significant changes aimed at boosting economic activity and competitiveness. Here's a breakdown of their proposals:...