objectives

Deloitte Cyprus announces three new partners

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Deloitte Cyprus announces three new partners

Deloitte Cyprus has appointed three new partners, Yiannis Ioannides, Andreas Yiouselli, and Panayiotis Marinou, in the Risk Advisory and Tax & Legal practices effective from June 1, 2024. The new partners have distinct skillsets in cyber, corporate affairs, and local and international tax advisory that are significant to the market. CEO Pieris Markou stated that becoming a partner is a significant career milestone earned by merit and recognition of passion and dedication. The new partners exemplify outstanding leadership capabilities and have made significant contributions to the organization’s growth. Markou emphasized the diverse and deep expertise present throughout the organization and expressed confidence in the positive impact the new partners will have on clients, employees, and society.

The cost of government inadequacy and corruption

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The cost of government inadequacy and corruption

The illegal construction of a church in the Natura 2000 Network in Cape Greco, despite the reaction of relevant government departments, shows that the violation of environmental legislation is deeply rooted in corruption.

‘, Still a lack of trust on halloumi issue’

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‘, Still a lack of trust on halloumi issue’

President Nikos Christodoulides received delegations from associations involved in the halloumi making process. The lack of trust was evident during the meeting, which lasted about three and a half hours. The government’s objectives are to preserve halloumi as a PDO and its status as the main export product of Cyprus. The dialogue will continue with new rounds of meetings under the Minister of Agriculture, and decisions will be made soon with these objectives in mind.

Agreement to allow more Egyptians to work in Cyprus

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Agreement to allow more Egyptians to work in Cyprus

Fact: The governments of Cyprus and Egypt signed a memorandum of understanding to facilitate Egyptian nationals wanting to work in Cyprus.

Rectors and presidents of NEOLAiA issue a joint statement urging for participation in the EU Elections

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Rectors and presidents of NEOLAiA issue a joint statement urging for participation in the EU Elections

The Rectors and Presidents of the NEOLAiA European University Alliance have issued a joint statement emphasizing the significance of the upcoming European elections and calling on all students, faculty, and staff to participate.

Deputy culture minister backs Cyprus, ’ heritage at book launch

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Deputy culture minister backs Cyprus, ’ heritage at book launch

Deputy Culture Minister Vasiliki Kassianidou emphasized the ministry’s commitment to supporting all forms of art and professionals in their fields during the presentation of the book ‘Aspelia Naturalis’ by Silvio Augusto Rusmigo. The event took place at the Cyprus Museum in Nicosia.

Cyprus has consistently alienated friendly countries

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Cyprus has consistently alienated friendly countries

The fact described in the text is that every time Cyprus faced isolated attempts for recognition of the illegal entity in the occupied part of Cyprus, the country always turned to the United States government for help, and the US always responded positively to avert the danger.

OpenAI sets up safety committee as it starts training new model

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OpenAI sets up safety committee as it starts training new model

OpenAI has formed a Safety and Security Committee led by CEO Sam Altman, directors Bret Taylor, Adam D’Angelo, and Nicole Seligman. Former Chief Scientist Ilya Sutskever and Jan Leike, leaders of OpenAI’s Superalignment team, left the firm. The committee will make recommendations on safety and security decisions for OpenAI’s projects and operations, evaluating and developing safety practices over the next 90 days.

Our View: , ‘Ambassador’ comment an embarrassment for Cyprus

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Our View: , ‘Ambassador’ comment an embarrassment for Cyprus

The Emir of Qatar Sheikh Tamim bin Hammad Al Thani visited Cyprus for the first time, accompanied by a delegation of ministers to discuss economic, investment, and tourism cooperation between the two countries. President Nikos Christodoulides welcomed the Emir and emphasized the potential for further strengthening bilateral relations. However, the President made an inappropriate comment by suggesting that Cyprus could act as an ambassador for Qatar in Brussels, which was seen as a breach of diplomatic protocol and raised concerns about the credibility of the Republic.

Hellenic Bank Q1 profits up, landmark deals in 2024

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Hellenic Bank Q1 profits up, landmark deals in 2024

Hellenic Bank announced first quarter profits of €93.3 million, up 34% year on year, but 25% below the previous quarter. Net interest income rose to €151 million, up 40% year on year. The bank has reached agreements for the renewal of a labor collective agreement and to strengthen its insurance operations. New lending in the first quarter reached €208 million, with a focus on retail customers. The bank has a liquidity coverage ratio of 580%.