Articles in English

Суббота 27 июля 2024

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Cyprus gaming industry: crisis or new opportunities

The video game industry, which had only recently attracted a narrow circle of enthusiasts, had become a powerful sector of the modern economy and had become one of the drivers of digital development. Every year, the gaming industry sets new records in terms of revenue and number of attracted adherents. The gaming industry of Cyprus does not stand aside - the country is an active participant in the global digital trend. GLOBAL VIDEO GAME MARKET The digital gaming industry (including…

Jamie Oliver Kitchen opens at the Limassol Marina

The world-renowned chef Jamie Oliver travelled to Cyprus to celebrate together with PHC Franchised Restaurants the opening of his new restaurant, Jamie Oliver Kitchen. The opening event took place on the 2nd of February in Limassol. The team of PHC Franchised Restaurants Group, which are the official representatives of Jamie Oliver’s restaurants in Cyprus, namely Jamie’s Italian, Jamie Oliver Kitchen and Jamie Οliver’s Diner (ghost kitchen), welcomed the chef himself in an exclusive private event, together with a few special…

The FTX collapse, stupid capital and absent regulators

The FTX collapse and scandal continue to unfold in the media. As a tech investor and advisor, I can’t help being more than a little furious with the investors who backed it so consistently over years with $ 1.8 billion in total capital raised. Many of these are regulated entities; others invest public money or pension fund assets. Their apparent failure to insist on real transparency and better governance is almost certainly an enabling factor in how FTX was managed.…

How will Cyprus compete for investment in a disrupted world?

EY Cyprus Attractiveness Survey 2022 shows that Cyprus needs more investment in infrastructure projects, skilling and re-skilling of the local workforce and introducing new regulations to keep pace of developments. Technology, sustainability and talent remain high on the investors’ agenda. Planned investments in Cyprus (29%) for the next year, although higher than in our previous survey of 2020, still remain well below the European average (53%). In contrast, attractiveness projections for the next three years remain optimistic and closer to…

Yannis Matsis: «Cyprus ticks more boxes than competitor EU countries in attracting foreign businesses»

Yannis Matsis, head of the Cyprus office for MUFG Investor Services, the global asset servicing arm of Mitsubishi UFJ Financial Group, speaks to the Successful Business Magazine about how the company represents all the best one can find in both the Anglo-Saxon and Japanese business cultures and what Cyprus needs to do to attract big investment funds, international fund managers and administrators to the island. Parent company of MUFG Investor Services is Japanese, the business you conduct is international, and…

Business meets Tech

Natalia Kardash and Panis Pieri invite their personal networks to meet each other in 2023. The first BMT event is planned for mid-February in Limassol, followed by Nicosia in March, Paphos in April and Larnaca in May 2023. MAXIMUM 100 PEOPLE Each event will be attended by 30-50 business leaders from tech industry invited by Panis and 30-50 leaders of non-tech companies invited by Natalia. PROGRAM AT A GLANCE • 16.00-16.30 – one-to-one meetings and networking • 16.30-17.00 – first…

MAP S.Platis Group

MAP S.Platis is a leading Financial Services Consulting Group with clients that include regulators, banks, funds and fund managers, investment firms, financial technology firms, insurance firms, payment and electronic money institutions. The group’s expert team provides tailored solutions in international licensing, regulatory compliance, risk management, internal audit, HR, regulatory technology, information technology, business resilience, information security including cybersecurity, governance, executive training and innovation consulting to financial institutions in the UK, Cyprus, and the EU. KEY FACTS AND FIGURES • 300+…