https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/business/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. ...
https://knews.kathimerini.com.cy/en/business/china-declares-all-cryptocurrency-transactions-illegal
China’s central bank on Friday declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block use of unofficial digital money....
https://knews.kathimerini.com.cy/en/business/hellenic-posts-21-million-euro-profit
Hellenic Bank posted after-tax profits of €21 million for the first half of 2021....
https://knews.kathimerini.com.cy/en/business/internet-fraud-in-lim
A 41-year-old businessman who allegedly paid $ 44,900 into a bank account, but which did not belong to a company with which he works, fell victim to cyber fraud....
https://knews.kathimerini.com.cy/en/business/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. ...
https://knews.kathimerini.com.cy/en/news/greece-is-more-secure-with-biden-as-president
US Senator Bob Menendez is one of Greece and Cyprus’ greatest supporters and he exerts considerable power and influence in the foreign policy arena....
https://knews.kathimerini.com.cy/en/news/nicosia-reacts-to-new-al-jazeera-video
Nicosia has refuted allegations concerning a Cypriot minister and his trips to London, in reaction to an Al Jazeera secret investigation into how convicted criminals could take on new identities and launder money through ownership of English football clubs by deceiving authorities...
https://knews.kathimerini.com.cy/en/business/ey-acted-as-lead-advisor-to-the-government-of-the-republic-of-cyprus-for-the-re-development-of-the-larnaca-port-and-marina-area
The Strategy and Transactions team of EY Cyprus undertook a lead financial advisory role on behalf of the Ministry of Transport, Communications and Works (“MTCW”) of the Republic of Cyprus in the successful completion of the transaction for the re-development of the Larnaca Port and Marina area between the Government of the Republic of Cyprus and Kition Ocean Holdings Ltd. ...
https://knews.kathimerini.com.cy/en/news/reporter-says-low-wanted-to-buy-a-cypriot-bank
A British investigative journalist told an audience in Nicosia that Cypriot-naturalized financier Jho Low had tried to use contacts with Kuwaitis to buy a bank on the island where the Malaysian fugitive could launder stolen money...
https://knews.kathimerini.com.cy/en/news/cyprus-lifts-curfew-as-nightclubs-open
The government of the Republic of Cyprus lifted a night curfew on Thursday as further relaxations of pandemic measures kicked in, including the opening of nightclubs based on last-minute protocols...
https://knews.kathimerini.com.cy/en/business/ey-liquidity-fueled-ipo-markets-break-records-in-q1-2021
https://knews.kathimerini.com.cy/en/business/ey-firepower-2021-life-sciences-m-a-falls-to-one-of-lowest-totals-since-2014
EY Firepower 2021: life sciences M&A falls to one of lowest totals since 2014, as biopharmas refocus on alliances and bolt-on deals...
https://knews.kathimerini.com.cy/en/news/gloves-are-off-again-over-golden-passports
Cyprus’ auditor general told a House committee this week that the Cabinet used old rules to approve over two hundred golden passports after the cutoff date for an investigation ordered by the attorney general, who pushed back on the criticism saying there was 'no bottom to the abyss'...
https://knews.kathimerini.com.cy/en/business/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...
https://knews.kathimerini.com.cy/en/business/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...
https://knews.kathimerini.com.cy/en/news/florida-giant-denies-huawei-in-cyprus
An American company has put words into action in the middle of global 5G wars, with Phoenix Tower International and Monaco Telecom announcing an agreement that includes acquiring newly constructed wireless towers across Malta and Cyprus...
https://knews.kathimerini.com.cy/en/comment/opinion/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...
https://knews.kathimerini.com.cy/en/news/eu-scrambles-for-supply-amid-vaccine-clatter
Cypriot EU Commissioner Stella Kyriakides says AstraZeneca’s revised schedule for delivering fewer doses of the COVID-19 vaccine in coming weeks is “not acceptable” while the European Ombudsman embarks on an investigation into vaccine contracts...
https://knews.kathimerini.com.cy/en/news/cyprus-launches-online-social-insurance-payment-system
Cyprus’ new online system for the payment of social insurance contributions was presented on Thursday by Labour Minister Zeta Emilianidou and Deputy Minister for Research, Innovation and Digital Policy Kyriakos Kokkinos....
https://knews.kathimerini.com.cy/en/news/travel-categories-of-sms-system-that-returns-sunday
The SMS system that Cyprus was happy to be rid of in late spring last year will be returning on Sunday as the island grapples with the rampant spread of coronavirus that has left the healthcare system increasingly burdened....
https://knews.kathimerini.com.cy/en/news/report-says-ministry-was-shuffling-papers
An initial redacted report on golden passports made public in the Republic of Cyprus on Tuesday painted a picture of an Interior Ministry serving as a “filing office” without ability to examine cases in any meaningful way, with opposition crying foul over the committees’ selective method...
https://knews.kathimerini.com.cy/en/news/folli-follie-report-unveils-17-year-scam
The troubled Folli Follie company’s major shareholders, the Koutsolioutsos family, reaped the benefits of a well-orchestrated fraud scheme that lasted for at least 17 years, under the nose of the supervisory authorities, generating hundreds of millions of euros in profits, according to an audit report by PricewaterhouseCoopers.
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https://knews.kathimerini.com.cy/en/business/cyprus-remains-an-attractive-investment-destination
Cyprus remains an attractive investment destination, especially among established investors
...
https://knews.kathimerini.com.cy/en/business/industrial-logistics-most-attractive-post-covid-19
Following the breakout of the COVID-19 pandemic, the Industrial/Logistics asset class has presently become the most attractive financing option for a majority of banks in Central & Eastern Europe, according to the results from the latest edition of KPMG’s Property Lending Barometer...
https://knews.kathimerini.com.cy/en/news/cat-and-mouse-game-with-turkey-must-stop-michel-says
A game of “cat-and-mouse” between the European Union and Turkey needs to come to an end, European Council President Charles Michel said on Friday, in reference to a dispute over natural gas resources in the Eastern Mediterranean....
https://knews.kathimerini.com.cy/en/business/global-ipo-activity-rebounds-sharply
Q3 2020 bucked the traditionally slow IPO period as travel slowed, work from home and the markets were awash in liquidity resulting in the most active third quarter in the last 20 years by proceeds, and the second highest third quarter by deal numbers...
https://knews.kathimerini.com.cy/en/news/new-measures-announced-9pm-curfew-imposed-islandwide
Health minister Constantinos Ioannou on Friday announced the Cabinet’s decisions on the new restrictions that will affect the Republic of Cyprus in December, with the starkest among them being an island-wide 9pm curfew....
https://knews.kathimerini.com.cy/en/news/al-jazeera-turns-attention-to-jho-low
Cypriot-naturalized citizen Jho Low, the Malaysian fugitive financier whose golden passports came under scrutiny last year, was back in the news this week after Al Jazeera published a video with actual voice recordings of 'the biggest fish' seeking a way out of the 1MDB colossal scandal...
https://knews.kathimerini.com.cy/en/news/elusive-businessman-with-cyprus-ties-pops-up
The whereabouts of elusive Russian hedge fund manager German Lillevali, who was linked to a flurry of companies in Cyprus after he became a resident, are no longer a mystery after reports that he was detained in the US on an immigration violation but released due to overcrowding amid the coronavirus pandemic...