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241. 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...

242. Cyprus takes another crack at COVID

President Nicos Anastasiades got personal in his address to the nation on Wednesday night, calling on citizens to do their fair share to stop the spread of the coronavirus while announcing stricter measures in all districts including a night curfew...

243. 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...

244. Zara's online store in Cyprus goes live today

Zara launches online sales in Cyprus today. With this launch, Zara is marking a new milestone in the steady expansion of its fully integrated store and online model across the universe of markets in which the Inditex Group does business....

245. 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...

246. Digital Agenda Cyprus Summit registration now open!

The 3rd Digital Agenda Cyprus Summit 2020 will take place online tomorrow, Wednesday October 21, and participation is free of charge. The Summit will seek to highlight significant issues and particularities of today’s world, while addressing the heightened needs for specialized knowledge against the backdrop of our ever-changing reality. ...

247. Megatrends that will shape the future

EY’s recent report, Megatrends 2020 and beyond, examines the new "megatrends", the forces that created them and their potential impact...

248. Ken Hughes at Digital Agenda Cyprus Summit 2020 once again

Ken Hughes is now acknowledged as being one of the world’s leading authorities on consumer, shopper and cyber shopper behaviour. He is internationally renowned for helping his largely blue-chip client base to understand the physical, digital and future consumer....

249. EY TaxLegi: tax and legal insights and perspectives provided by EY Cyprus

EY Cyprus is pleased to announce the launch of TaxLegi, a specialised monthly newsletter (blog) that provides insights and EY perspectives mainly on Tax and Legal aspects, utilising both current news and blog articles produced by our Tax and Legal team...

250. Kinvara Balfour at Digital Agenda Cyprus Summit 2020

Lady Kinvara Balfour advises companies big and small (Jimmy Choo, Richemont, Smythson, UBS, Evian, Coutts to name a few) on what is cool out there in the zeitgeist. She understands the worlds of tech, fashion and popular culture and the psychology that drives them....

251. Adoption of new trends accelerating after pandemic

The acceleration of consumer trends and behaviour that was already underway prior to the COVID-19 outbreak has taken another leap forward and will spark consumer-facing companies and retailers to reinvent the way they do business, according to a new PwC report...

252. UNHCR report: One per cent of humanity displaced

A UN Refugee Agency report released on Thursday showed that forced displacement is now affecting more than one per cent of humanity – 1 in every 97 people – and with fewer and fewer of those who flee being able to return home....

253. Current and Future Trends in Civil Fraud

Marina Hadjisoteriou, Partner at Michael Kyprianou & Co LLC and Head of the firm’s Litigation departmentin Limassol, had the privilege to participate in Monckton Chambers’ recent webinar on Pleading and Proving Civil Fraud...

254. World remains cautious over chloroquine

The US Food and Drug Administration is a step closer to a potential approval of chloroquine for treatment against Covid-19, while more doubts over the drug’s effectiveness and concerns over lethal side effects continue to pop up around the globe...

255. WHO: Vaccine at least 12 months off

The number of new coronavirus cases is steadily decreasing in certain European countries, including Italy and Spain, but outbreaks in the UK and Turkey are continuing to mark upward trends, the World Health Organization said on Tuesday....

256. Greek position on EU migration pact

Greece’s position regarding the future of the migration and asylum pact that the European Commission is expected to table in the coming months rests on three fundamental principles: a European solution to a European challenge, a fair system that will stand the test of time, and the preservation of the European Union’s core values as enshrined in the EU Treaty....

257. Dissatisfaction with democracy 'at record high'

Dissatisfaction with democracy within developed countries is at its highest level in almost 25 years, according to University of Cambridge researchers. ...

258. Insurers need profound transformation and the right talent

As insurance industry growth remains stagnant for another year due to low interest rates, the shifts in consumer demographics around the world coupled with heightened expectations for digital experiences present insurers with risks and opportunities...

259. Uncertainty reigns across international tax landscape

260. Social determinants undermine the progress of modern medicine

The rise in illnesses caused by our behaviours and the social determinants of health threatens to suffocate budgets in both wealthy and poor countries, while suppressing the power of modern medicine to improve lives...

261. Anti-Money Laundering and Terrorist Financing Preventing Framework: Legislation Gaps

Over the last years, the EU has developed a solid regulatory framework for preventing money laundering and terrorist financing. However, these rules are not always able to capture the growing technological developments and potential gaps that can be exploited by criminals...

262. Government to introduce Green Tax Reform by 2021

Minister of Finance Harris Georgiades said on Thursday that the government would introduce in 2021 a “Green Tax Reform”. Georgiades was speaking to the press on the sidelines of the 20th Global Conference on Environmental Taxation which took place in Limassol...

263. How will digital shape your future?

As technology evolves to support more and more of our everyday lives, it’s natural to wonder what’s in store for the future. How will it affect your life and career?...

264. Minister says migration ‘extremely challenging’

Interior Minister Constantinos Petrides says the numbers of asylum applicants are going up, increasing the social and economic burden on the island...

265. Moody’s expects deleveraging to resume but warns over small economy and high level of debt

The credit profile of Cyprus reflects its small but wealthy economy, improved economic resilience and the government`s fiscal outperformance in the wake of the country`s banking crisis, Moody's Investors Service has said in an annual report. ...

266. US bill calls for end to Russian military vessels refueling in Cyprus

The Eastern Mediterranean Security and Energy Partnership Act of 2019 would allow the U.S. to fully support the trilateral partnership of Israel, Greece, and Cyprus through energy and defense cooperation initiatives...

267. US Senate Foreign Relations committee advances East Med Act

268. Parsimonious northerners are the euro's biggest winners, study shows

Germany and the Netherlands have benefited enormously from the euro over the 20 years since its launch, a study has found, while for almost every other member the single currency has been a serious drag on economic growth....

269. School canteen drug allegations fire up debate

Cyprus police are hitting back at allegations that a school canteen in Limassol was selling drugs, landing the source of the claims in the hot seat...

270. Unofficial report says UNFICYP stays