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Cyprus Banking Sector Thrives: Surge in Deposits and Shifting Loan Trends Revealed in Central Bank Report
Cyprus experienced a notable upswing in both deposits and loans within its banking sector during November 2023, as revealed by the latest...
Flexi Group
Jan 3, 20242 min read
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Finance Minister Makis Keravnos Charts Path to Economic Resilience and Growth in 2024
In an insightful article featured in Economy Today, Finance Minister Makis Keravnos takes stock of the departing year and outlines the...
Flexi Group
Dec 29, 20232 min read
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OEP Capital Advisors Settles SEC Charges, Agrees to $4 Million Penalty Over Material Nonpublic Information Lapses
New York-based registered investment adviser OEP Capital Advisors has reached a settlement with the Securities and Exchange Commission...
Flexi Group
Dec 28, 20232 min read
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Cyprus Aims to Strengthen Its Position as a Leading Maritime Hub in 2024
Cyprus is set to strengthen its position as a prominent international maritime center in the coming year, according to Deputy Minister of...
Flexi Group
Dec 28, 20231 min read
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Cyprus and the Global Landscape: A Deep Dive into Challenges, Opportunities, and Adaptive Strategies from 2023 to 2024
In the transformative and often tumultuous landscape that defined the year 2023, the global economic and sociopolitical spheres bore...
Flexi Group
Dec 27, 20234 min read
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Oil and Gas Industry's $250 Billion Consolidation Spree in 2023: Navigating Global Shifts and Strategic Pursuits
In 2023, the global oil and gas industry underwent a substantial $250 billion buying spree, strategically capitalizing on the high stock...
Flexi Group
Dec 27, 20233 min read
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Controversy Unfolds as Cambodia Disputes Claims of Thai Nationals, Alleging Arson and Denying Human Trafficking
Cambodian authorities have detained a group of nine Thai nationals, refuting their claims of being victims of human trafficking and...
Flexi Group
Dec 27, 20232 min read
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The Swedish Gambling Authority, Spelinspektionen, has imposed a fine of SEK 2 million (€179,093/$196,343) on Casino Cosmopol AB
The Swedish Gambling Authority, Spelinspektionen, has imposed a fine of SEK 2 million (€179,093/$196,343) on Casino Cosmopol AB, citing...
Flexi Group
Dec 22, 20231 min read
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In its Autumn 2023 report on Cyprus' economic outlook, the European Commission has presented a nuanced analysis of the country's post-pandemic recovery.
The report, based on the 15th post-programme surveillance mission conducted in late September 2023, indicates that Cyprus, despite...
Flexi Group
Dec 22, 20232 min read
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Las Vegas Sands (NYSE: LVS) has secured a spot on Deutsche Bank's "Fresh Money List"
Las Vegas Sands (NYSE: LVS) has secured a spot on Deutsche Bank's "Fresh Money List" for the first quarter of 2024, marking it as one of...
Flexi Group
Dec 21, 20232 min read
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The Cabinet of Ministers in Cyprus has given its nod to the National Maritime Spatial Plan
In a landmark decision, the Cabinet of Ministers in Cyprus has given its nod to the National Maritime Spatial Plan, marking a pivotal...
Flexi Group
Dec 21, 20232 min read
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Kedipes, the state-owned asset management company, has recently entered into an agreement with the Bank of Cyprus
Kedipes, the state-owned asset management company, has recently entered into an agreement with the Bank of Cyprus (BoC) for the sale of a...
Flexi Group
Dec 20, 20231 min read
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PwC Advocates for Regulatory Flexibility to Enhance Board Independence Amid Governance Reforms
PwC, a leading member of the Big Four accounting firms, is appealing to global audit regulators to reconsider strict conflict-of-interest...
Flexi Group
Dec 20, 20232 min read
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Hellenic Bank Forum: Navigating Geopolitical Uncertainties and Unveiling Trends in Wealth and Invest
Hellenic Bank made headlines this week as its wealth and investment services division took a proactive approach to understanding the...
Flexi Group
Dec 19, 20232 min read
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Curaçao Gambling License Fees Unveiled: In-Depth Breakdown Under New Legislation
Javier Silvania, Curaçao's Minister of Finance, has provided a comprehensive breakdown of the fee structure for gambling licenses,...
Flexi Group
Dec 18, 20231 min read
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DraftKings Faces Class-Action Lawsuit Over Allegedly Deceptive Bonus Bet Advertising
DraftKings, a prominent sportsbook operator, is currently entangled in a class-action lawsuit that alleges the company engaged in 'unfair...
Flexi Group
Dec 15, 20232 min read
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Argentina's Bold Economic Reforms: Peso Plunges, Markets React
In a bold move, Argentina's government has permitted a drastic devaluation of the peso, allowing it to plunge over 50% to 801 per dollar....
Flexi Group
Dec 14, 20232 min read
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Cyprus Trade Dynamics: Surging Imports Drive Deficit Amidst October Export Decline
Cyprus has experienced a significant upswing in imports during the period from January to October 2023, registering a notable increase of...
Flexi Group
Dec 13, 20232 min read
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KPMG's Response to US Senators' Queries on Microsoft's Transfer Pricing Tactics Remains Uncertain
US Senators seeking clarification from KPMG regarding its alleged role in aiding large corporations, including Microsoft, in offshoring...
Flexi Group
Dec 13, 20232 min read
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UK Establishes Enforcement Unit to Bolster Crackdown on Russian Sanctions Violations
The British government has announced the creation of a new enforcement unit, the Office of Trade Sanctions Implementation (OTSI), aimed...
Flexi Group
Dec 13, 20232 min read
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