EY Cyprus was named Transfer Pricing Firm of the Year for the second consecutive year by ITR in recognition of the high-quality tax services offered. The ITR European Tax Awards take place annually aiming to recognise distinguished tax service providers from the Europe, Middle East and Africa (EMEA) region. The Transfer Pricing Firm of the Year award has been available for Cyprus since 2019 and EY Cyprus has been awarded with this recognition from the first year.

Experts are evaluating a list of 20 countries compiled by the deputy tourism ministry as potential markets this summer in view of a cabinet meeting tomorrow that will decide when to open the airports and under what conditions.

In 2019, nearly 764,000 km2 of EU’s 27 Member States’ land area was designated for the preservation of biodiversity as Natura 2000 sites, proposed under the Habitats Directive and the Birds Directive (known as “the Nature Directives”). This represents almost a fifth (18%) of the EU total land area, according to Eurostat data published on Thursday on the occasion of the Natura 2000 Day (May 21) and the International Day for Biological Diversity (May 22).

One new case of Covid-19 was announced on Thursday, bringing the total ever detected in the Republic to 923.

Cyprus is the first country in the eurozone to announce that it plans to make use of the cheap, long-term credit lines that will be made available by the Pandemic Crisis Support fund of the European Stability Mechanism (ESM).

Cyprus’ ship management sector has continued to do well during the coronavirus crisis, according to Captain Eugen Adami, CEO of the Limassol ship-owning and ship management firm Mastermind.

Profile Software, a leading financial solutions provider, announced today that 3K Investment Partners, a Mutual Funds Company based in Athens, selected Axia, Profile’s leading omni-channel and web-based investment management system, to efficiently address its fund and wealth management operations on a single platform supporting all of its investment activities in an fully automated environment.

The unprecedented challenges facing global health care systems as a result of COVID-19 reveal the urgent need for the global adoption of a data-driven, personalized approach to health and wellness, according to the Five Trends Driving the Emergence of the Personalized Health Ecosystem report. While organizations have long recognized the potential of technology to capture and use data to transform their industry, until now, they have lacked the “burning platform” that the pandemic provides to make changes imperative.

Four new cases were announced by the health ministry on Wednesday evening, the day before virtually all restrictions on movement were lifted after more than two-and-a-half months of lockdown.

After two months of lockdown, curfews and SMS permits to go outside for any reason, Cyprus returns to a sort of normality on Thursday, barring the opening of airports and crossings.