Who Should Get ISO 27001 Certification in Cyprus|Information Security

ISO 27001 Certification in Cyprus

ISO 27001 Certification in Cyprus The International Organization for Standardization (ISO) 27001 certification is a globally identified desire for data safety manipulation structures (ISMS). It outlines a framework for businesses to implement remarkable practices in the defensive defence of their precious property, encompassing records, data, and IT structures. Obtaining ISO 27001 certification demonstrates an organisation’s power of will to protect information and may provide several blessings.

This guide explores the benefits of ISO 27001 certification and lets you decide whether or not or now not or not it’s the proper preference for your commercial enterprise business enterprise in Cyprus.

Benefits of ISO 27001 Certification in Cyprus

Enhanced Information Security: Implementing an ISMS based, mainly on ISO 27001, Certification in Cyprus compels agencies to systematically study their records protection risks, select vulnerabilities, and install appropriate controls to mitigate them. This proactive method drastically reduces the danger of records breaches, cyberattacks, and particular safety incidents.

Improved Client Confidence: Earning ISO 27001 Certification in Cyprus showcases your organization’s commitment to record safety. This demonstrably strong safety posture fosters a reputation as proper and self-confident among clients, specifically those who cope with sensitive information. It may be a primary differentiator in an aggressive Cypriot marketplace.

Legal and Regulatory Compliance: Many industries in Cyprus have statistics protection suggestions that mandate companies to implement appropriate safety measures. ISO 27001  Certification in Cyprus offers a framework to ensure compliance while decreasing fines and criminal repercussions.

Streamlined Business Processes: The ISO 27001 Certification in Cyprus framework encourages corporations to record facts, safety tips, strategies, and controls. This standardization improves the approach to regularly going on regular performance and decreases the chance of human mistakes.

Competitive Advantage: Sturdy statistics safety is an enormous promoting element in modern-day records pushed worldwide. ISO 27001 Certification in Cyprus can provide your business enterprise commercial enterprise organisation with an aggressive issue in attracting new customers and companions, particularly humans, with stringent records of safety necessities.

Improved Risk Management: The ISO 27001 Certification in Cyprus framework promotes a threat-based total approach to information protection. This systematic evaluation of threats and vulnerabilities lets businesses make informed alternatives to proper aid allocation for protection controls, optimizing their return on investment.

Enhanced Business Continuity: A central principle of ISO 27001 Certification in Cyprus is business enterprise continuity in planning and catastrophe recovery. By installing a location framework for incident response and facts recuperation, groups licensed to ISO 27001 Certification in Cyprus are better organized to lower downtime and recover from disruptions.

Who Should Consider ISO 27001 Certification in Cyprus?

Given the numerous advantages, ISO 27001 Certification in Cyprus can be precious for manufacturers in Cyprus. Here’s a breakdown of a few particular sectors that might advantage appreciably:

Financial Services: Banks, coverage companies, and one-of-a-kind monetary institutions in Cyprus deal with sensitive client information. ISO 27001 Certification in Cyprus demonstrates their energy in shielding these records and constructing a right with clients.

Healthcare Organizations: Cyprus’s hospitals, clinics, and pharmaceutical corporations manage many affected individual records. Earning ISO 27001 Certification in Cyprus ensures compliance with records, privacy pointers, and builds received as accurate by patients.

Government Agencies: Government corporations in Cyprus keep top-notch citizen statistics. ISO 27001 Certification in Cyprus ensures the safety of these statistics and protects them from unauthorized access.

Telecommunication Companies: Telecom agencies in Cyprus control vital infrastructure and customer information. ISO 27001 Certification in Cyprus guarantees the safety of their networks and consumer information.

IT and Business Process Outsourcing (BPO) Companies: IT and BPO corporations in Cyprus address sensitive consumer facts. ISO 27001 Certification in Cyprus demonstrates their determination to ensure information safety and attracts clients with stringent safety necessities.

E-alternate Businesses: E-trade groups in Cyprus collect and maintain patron fee records. ISO 27001 Certification in Cyprus preserves clients’ rights and assures them that their economic facts are regular.

Law Firms and Accounting Firms: These businesses in Cyprus often address unique client statistics. ISO 27001 Certification in Cyprus safeguards this truth and protects purchaser privacy.

Manufacturing Companies: Manufacturing groups in Cyprus may keep intellectual property, keep intellectual property, trade secrets, and techniques. ISO 27001 Certification in Cyprus protects this treasured information from cyberattacks and business enterprise espionage.

Additional:

Handles touchy consumer or worker statistics

Operates in an exceptionally regulated corporation

Wants to illustrate its energy of will to record safety

One can take advantage of the ISO 27001 Certification in Cyprus to seek an aggressive benefit.

Why Factocert for ISO 27001 Certification in Cyprus

We provide the best ISO consultants in Cyprus Who are knowledgeable and provide the best solution. And to know how to get ISO certification. Kindly reach us at [email protected]. work according to ISO standards and help organizations implement ISO Certification in Cyprus with proper documentation.

For more information, visit ISO 27001 Certification in Cyprus.

RELATED LINKS ISO Certification in Cyprus ISO 9001 Certification in Cyprus ISO 14001 Certification in Cyprus ISO 22000 Certification in Cyprus ISO 27001 Certification in Cyprus ISO 45001 Certification in Cyprus ISO 13485 Certification in Cyprus CE MARK  in Cyprus

Hellenic Bank's Success: Staying Ahead of the Competition

Our experience with Hellenic Bank. Hellenic Bank is one of the most successful banks in Cyprus. They have a few reasons why they stay ahead of the competition. One of the main reasons is that they know how to reach their audience. Something that we, as marketers need to learn from. The banking platform goes beyond than just offering an excellent customer service. They have a knowledgeable and friendly staff who are always willing to help their customers. They also have a variety of products and services that cater to the needs of their customers.  We know this by experience since we have been customers of Hellenic Bank for many years now. They have consistently provided us with great solutions for our banking needs and we are always happy to recommend them to our friends and family. Another reason they stay ahead is their use of technology. They continuously upgrade their online banking platform, making it easy and convenient for customers to manage their finances. They also offer a mobile app, allowing customers to access their accounts anytime and anywhere. Hellenic Bank is also continually active in supporting the community and promoting a healthy lifestyle through various sponsorships and partnerships. This not only shows their commitment to the well-being of society, but also helps in building brand loyalty and trust among customers, and they continue to invest in modern technology to make banking easier. Lastly, Hellenic Bank is a reliable and trustworthy bank that customers can count on. Hellenic Bank's online banking system is extremely user-friendly and simple to navigate. User-friendly platform Importance - Image by Speed Agency Hellenic Bank understands that to stay ahead of the competition, they need to have an online banking system that is extremely user-friendly and simple to navigate. Their online platform is one of the most user-friendly systems I have ever used. It is amazingly simple to navigate, and I was able to find what I was looking for quickly and easily. This is just one example of Hellenic Bank's dedication to their customers and their commitment to providing solutions that make their lives easier. A user-friendly online platform is essential in today's competitive market, and Hellenic Bank is leading the way in providing this essential service. Hellenic Bank provides a wide range of financial services to meet the needs of its clients. Providing lots of services without understanding the needs of your clients is not enough. Hellenic Bank understands this and constantly works to improve their services to better fit the needs of their clients. Their dedication to meeting the needs of their customers is just another reason Hellenic Bank continues to be one of the most successful banks in Cyprus. The services all banks should have - Image by Speed Agency Is your financial institution meeting the needs of its clients? Hellenic Bank is a good example of striving for an excellent customer experience. You should focus on understanding and meeting the needs of your customers if you want to drive the success of your business. Hellenic Bank's marketing efforts show us the importance of being in tune with our target audience and adapting to their changing needs. This is a valuable lesson that all marketers can learn from. What if you are not in the banking system? I am glad you asked, because Hellenic Bank's success can still serve as inspiration for any industry. Understanding and meeting the needs of your target audience should always be a top priority, no matter what business you are in. Your business will thank you for it. Hellenic Bank has a knowledgeable and friendly staff who are always willing to help their customers. Do you? Providing excellent customer service is just as important for any business. Hellenic Bank serves as a notable example of the value of having a dedicated and helpful staff. You see, though we are marketers, we are also clients to somebody else. Hellenic Bank's success is a reminder to all of us to always strive for the best customer experience, both as marketers and customers. Because we want to receive a great customer support when we need it, right? Let's do our part and provide that same excellent experience to others. Take inspiration from Hellenic Bank as a prime example and try to understand your target audience and meet their needs, as well as providing a friendly and helpful customer service. - Do you know what your customers want? - Do you know where are you failing to meet their needs? If you answer is no, then you should create a campaign to ask your customers about their needs, and work on fulfilling them. Hellenic Bank's success shows us the value of this approach. Their secret? Adapting to the needs of their clients as they change. This requires listening to feedback and being willing to make changes. Do you have the same dedication to customer service excellence? If not, learn from Hellenic Bank and make it a priority in your business. Your customers are the bloodline of your success. Dedicating to meeting their needs and providing a friendly and helpful experience will only drive your business forward. Hellenic Bank offers 24/7 customer support so that their customers can get help whenever they need it. Unsatisfied customers can quickly become a problem for your business. Hellenic Bank's 24/7 customer support shows the value of being readily available to help your customers whenever they need it. Consider offering similar support for your own business, and make sure that you have a plan in place for handling any customer issues promptly and effectively. This will only improve the overall experience for your customers. 24/7 Support is necessary for all banks - Image by Speed Agency Are you offering a 24/7 customer support option like Hellenic Bank? If not, consider implementing it and see how it can benefit your business and improve the customer experience. Don't let unsatisfied customers become a problem for you – be readily available to help them whenever they need it. There are a few online tools that can assist with offering 24/7 customer support, such as live chat options on your website or a dedicated customer support email address. These are four examples of features you should consider having in your online platform: - Live chat option - Dedicated customer support email address - A frequently asked questions section on your website - A customer feedback form for ongoing improvement. Hellenic Bank has a user-friendly website that is easy to navigate and provides all the information that their customers need. Your website is the door, the access gate to your digital presence, Hellenic Bank has made sure that their customers have a smooth and enjoyable experience when browsing through their website. having a user-fried website means that Hellenic Bank can reach a wider audience and provide them with the information they need in a convenient manner. Their website also offers online banking services, making it even easier for their customers to manage their finances on the go. This level of convenience sets Hellenic Bank as a tough competitor and shows that they are committed to meeting the needs of their customers in every way possible. A Good User Experience is everything a satisfied clients want Are you having a user-friendly website? You have to think not only about users without limitations, but also about those with a disability. Consider offering options for visually impaired users, such as screen readers and keyboard navigation. This will give your online banking platform and edge and show that you are committed to inclusivity and accessibility for all customers. Examples of a poor user experience on a website: Slow loading pages, confusing navigation, lack of clear information or call to action. This will boost customer satisfaction and potentially attract new customers as well. If you need help determining what areas of your website may need improvement, consider conducting user testing or utilizing analytical tools to gather data on user behavior and website performance. Taking steps to improve the user experience on your website will benefit your business overall. Hellenic Bank offers an extensive range of services that are beneficial to their customers. If you are a banking institution, you are in an extremely competitive industry. Therefore, offer services that go beyond customer expectations is vital to staying ahead in the game. As a banking institution, Hellenic Bank understands that it is important to offer an extensive range of services that are beneficial to their customers. By providing a variety of options, Hellenic Bank allows their customers to select the services that best fit their needs. This not only makes the customer happy, but it also helps Hellenic Bank stay ahead of its competitors. Offering the right services to your audience! Are you offering the services your target audience wants and needs? One why for you to know if you are offering the right services is to stay in touch with your target audience and understand their needs. Competitor research will be also necessary to see what other banks are offering and how your bank can differentiate itself with its services. You can use a SWOT analysis to understand your strengths, weaknesses, opportunities, and threats in terms of the services you offer. This can help identify areas for improvement and potential growth. If you need help with the SWOT analysis you can contact us, Speed’s marketing team, for assistance. We have the expertise and experience to help your bank stay ahead in a competitive market by offering the right services to your audience. Hellenic Bank is always up to date with the latest technology and innovations. Technology plays a crucial role in the banking industry and Hellenic Bank understands this. They continuously upgrade their systems to ensure seamless transactions for their customers. Their online banking platform secure transferring of funds, paying bills, and checking account balances. This commitment to technology is something to take very seriously, mostly when it comes to protecting customer information and providing convenience. Hellenic Bank consistently prioritizes the safety and satisfaction of their customers, making them a top choice in the Cypriot banking industry. Are you using the latest technology? You can't afford the luxury of being left behind in this digital age. So, ask yourself: are you using the latest technology to improve customer experience? If not, it's time to start considering upgrading your systems and infrastructures. Hellenic bank has a mobile app A banking system without a mobile app is not complete currently. Hellenic Bank knows how important it is for their customers to have convenient access to their banking needs, which is why they offer a mobile app for easy banking on the go. Mobile users are increasingly relying on their smartphones for daily tasks, and Hellenic Bank offers a secure and user-friendly app that allows customers to manage their accounts, transfer funds, pay bills, and more. Their mobile app is just one example of how Hellenic Bank stays ahead of the competition by keeping up with the latest technology and offering their customers the convenience they desire. Do you need a mobile app? The answer to this question really depends on your target audience and their preferences. Hellenic Bank knows that their customers value convenience, so offering a mobile app was the right decision for them. Evaluate your own customer base and conduct market research to determine if a mobile app would be beneficial for your business. It may not be necessary for all industries, but it could benefit others. As technology continues to evolve, it's important to stay up to date with advancements and offer customers what they want in terms of convenience and accessibility. Hellenic bank sponsors various events Image by issuu.com Hellenic Bank is a notable example of how community involvement can strengthen customer relationships. Think about ways you can support and engage with your community. Hellenic Bank shows us the benefits of being an active and supportive member of the community. Are you connecting with your audience? The importance of connecting to your audience can't be stressed enough. Hellenic Bank does an excellent job at connecting with their audience through community involvement and personal relationships. Think about how you can strengthen your connections with your customers and enhance their experience with your brand. Here you have 5 examples of Hellenic Bank’s community involvement: - Sponsoring Cyprus marathon. - Supporting local sports teams. - Hosting educational seminars for small businesses. - Partnering with charitable organizations. - And participating in eco-friendly initiatives. By being a supportive member of the community, Hellenic Bank not only builds loyalty among customers but also establishes a positive reputation for their brand. Learn from Hellenic Bank's example and consider ways to connect with our audience through community involvement. Wrapping up Hellenic Bank will be one of the most successful banks in Cyprus for years to come, thanks to their smart marketing strategies and commitment to customer satisfaction. As marketers, we can learn from Hellenic Bank's success and implement similar tactics in our own businesses. From staying up to date with technology to connecting with the community, Hellenic Bank sets a strong example for us to follow. Visit Hellenic Bank Web Portal www.hellenicbank.com Read the full article

Analyzing Lebanon's Maritime Law of Seas & Security

Analyzing Lebanon's Maritime Law of Seas & Security === Lebanon, a small but vibrant country on the Eastern Mediterranean, boasts a rich maritime history. Its strategic location has led to the development of a comprehensive maritime law that governs its maritime activities. This article aims to delve into the various aspects of Lebanon's maritime law, including its historical background, key provisions, challenges, and regional implications. Furthermore, recommendations for strengthening Lebanon's maritime security will be proposed. === Historical background of Lebanon's maritime law === Lebanon's maritime law has evolved over centuries, influenced by various legal systems and international conventions. The roots of Lebanon's maritime law can be traced back to the Phoenician era, where the Phoenicians established trade routes and developed maritime practices. The influence of Roman and Byzantine laws further shaped Lebanon's legal framework, which later incorporated elements from Ottoman law during the Ottoman Empire's rule. === Key provisions of Lebanon's maritime law === Lebanon's maritime law encompasses several key provisions that regulate various maritime activities. The law focuses on issues such as territorial waters, piracy, pollution, and maritime security. It defines Lebanon's territorial waters as extending 12 nautical miles from its coastline, granting the state exclusive rights over these waters. The law also addresses the prevention and punishment of piracy, ensuring safety for vessels operating in Lebanese waters. To combat pollution, Lebanon's maritime law adheres to international conventions and standards, imposing strict regulations on the discharge of pollutants into the sea. Additionally, the law establishes guidelines for maritime security, ensuring the safety of ports, vessels, and maritime infrastructure. === Challenges and shortcomings in Lebanon's maritime law === Despite its comprehensive nature, Lebanon's maritime law faces several challenges and shortcomings. One of the major challenges is the limited resources available for enforcing maritime regulations, resulting in a lack of effective implementation. This issue is exacerbated by corruption and the presence of powerful non-state actors who exploit maritime resources, posing a threat to security and stability. Moreover, Lebanon's maritime law needs to address emerging challenges, such as cyber threats and smuggling. The rapid advancement of technology has made maritime cyber attacks a real concern, necessitating the formulation of laws and regulations to counter such threats. Additionally, smuggling activities in Lebanese waters require stronger enforcement measures to prevent illicit trade and protect national interests. === Regional implications of Lebanon's maritime law === Lebanon's maritime law has significant regional implications, particularly regarding its disputed maritime boundaries. Lebanon currently has unresolved maritime border disputes with Israel and Cyprus, leading to tensions in the region. These disputes are primarily related to the exploration and exploitation of offshore oil and gas resources, making the need for a robust maritime law all the more crucial. Resolving these border disputes and promoting cooperation through a well-defined legal framework would not only contribute to regional stability but also enhance Lebanon's economic prospects. Properly leveraging its maritime resources could lead to revenue generation, job creation, and overall development in the country. === Recommendations for strengthening Lebanon's maritime security === To strengthen Lebanon's maritime security, several recommendations can be proposed. Firstly, it is essential to enhance law enforcement capabilities by investing in training and resources for maritime security agencies. Strengthening partnerships with international organizations and neighboring countries would also promote information sharing and cooperation in combating maritime threats. Secondly, Lebanon should prioritize the modernization of its maritime infrastructure, including ports and maritime surveillance systems. Developing advanced technology, such as remotely piloted aircraft systems and smart port management systems, would greatly enhance security measures. Furthermore, Lebanon must address corruption and establish transparent governance mechanisms to ensure effective implementation of its maritime law. Strengthening the legal framework to address emerging challenges such as cyber threats and smuggling is also crucial. Ensuring an effective and robust maritime law is vital for Lebanon's security, economic prosperity, and regional cooperation. By understanding the historical background, key provisions, challenges, and regional implications, Lebanon can work towards strengthening its maritime security. Implementing the proposed recommendations will contribute to enhancing Lebanon's maritime capabilities, protecting its resources, and fostering regional stability. With a well-defined and enforced maritime law, Lebanon can tap into its vast maritime potential and secure a promising future. Read the full article

Cyprus looks for a piece of the action with ‘Olivewood’ movie industry

The Telegraph Online © 2021. Telegraph Media Group Ltd. The island is actively wooing international film makers as a sunny and low-cost alternative to LA

The Mediterranean island of Cyprus is shooting for the stars in its latest bid to attract investment, offering “aggressive” incentives to promote a fledgling film industry the locals dub 'Olivewood'. In an effort to woo international movie makers, the government is offering cash rebates of up to 35pc to production companies, with further tax discounts on the table for infrastructure and equipment investment.

And while some European countries offer even greater savings, the Cypriots have another not-so-secret weapon in their arsenal: sunshine.

Lefteris Eleftheriou, chairman of the Cyprus Film Commission, says: “In effect, Cyprus is one big studio with 320 days of sunshine and vastly different natural backdrops to choose from, all within a one or two hours’ drive.

“Also, because our island is on the same latitude as LA, the angle and the quality of light is the same, so you can shoot something in Cyprus at 10am and then shoot another scene at 10am in LA and the shadows cast on the windows and the streets will be the same. Not many countries have this.”

Cyprus’s film ambitions were first revealed in 2018 when invitations were delivered to more than 40 directors across the globe, one of whom was Dimitri Logothetis, the man behind Kickboxer: Vengeance, a remake of the martial arts classic that saw the return of Jean-Claude Van Damme.

“I didn’t want to go to Cyprus,” he admits. “I had just returned to LA from a three-week vacation in Greece, but my friend and fellow producer kept bugging me about it so we went to hear about this cash rebate programme. While the minister of finance was taking questions, I looked at him and said, ‘Well, I have this film and it’s ready to go. Who do I need to talk to?’ Everyone fell quiet. They weren’t expecting any of the producers they’d brought in to be ready to produce.”

The film Logothetis had ready to go was Jiu Jitsu, a $25m action movie starring Nicolas Cage as a martial arts expert battling an alien. It is now the first Hollywood film to be shot entirely in Cyprus for more than four decades and it was released by Paramount Home Entertainment in the US and Canada last month.

“I couldn’t have filmed Jiu Jitsu in America,” Logothetis says. “Everything is a lot more expensive and to film in Cyprus was at least 50pc or 60pc less than it would cost to shoot in the States.” For Logothetis the biggest draw was the cash rebate offered by the Republic of Cyprus.

“As cash rebates go, 35pc across the board, including ‘above the line’ costs, is a very aggressive rebate. Cyprus needs to keep that edge, and it makes economic sense to do so because for every dollar or euro a country spends on a film, they get seven in return. That’s why Ireland is doing so tremendously well. Films boost the economy and production teams inject a lot of cash into economies because we have to pay for hotels, food, car, fuel, buildings and construction amongst a host of other things.”

Although filmed in Cyprus, Jiu Jitsu is set in Myanmar, and with Cage involved in the project, the film garnered much local media interest during the six weeks of filming in summer 2019. However, Cage is not the first A-lister to film on the island.

The first Hollywood film shot in Cyprus, The Beloved starring Raquel Welch, was filmed in the village of Karmi in 1970. It was not a great critical success, though one reviewer did praise the film for the “splendid quality of light for which the island is noted”. Three years later, Peter Sellers filmed the pirate comedy Ghost in the Noonday Sun.

For Logothetis, the experience has been positive enough for him to return to the island, scouting locations for his next project. Though he readily admits to liking Cyprus, he is also a realist; like many independent movie makers before him, shooting outside the US is often a financial necessity. The same model was adopted by the 'spaghetti' western directors of the 1960s, who chiefly filmed in Spain.

In its heyday, Spain became the backdrop of a huge number of classics such as Sergio Leone’s Dollars trilogy and Sergio Corbucci’s Django. Today many of those iconic sets have been abandoned or turned into western-style theme parks, but Spain remains in the game and is a strong competitor in the European hustle for movie dollars. For Greg Johnson, a producer and lecturer in film studies at Yale University, this is one of the biggest challenges facing Cyprus in getting Olivewood off the ground.

“The Cyprus programme is in some ways competitive with other tax regimes. Spain's advantage is a highly developed film infrastructure and crews. There are also other tried and true competitors for big budget films such as Romania and Ireland, both of which have considerable EU and Hollywood track records as well as state-of-the-art facilities.”

The lack of facilities is an acknowledged weakness in the island’s grand plan, but Logothetis says the landscape will look very different in a few years.

“I needed to bring the team over from Thailand that I used in Kickboxer 1 and 2 to build a number of sets,” says Logothetis. “While we employed 200-plus Cypriots, we still had to bring in 50 or 60 other crew members from other countries, and the fact is, you need a crew. Spain has a crew and an infrastructure and stages, and they had it way back in the 60s. So did Italy. They don’t have that in Cyprus, but what does exist here is an extreme will to make it happen.” Local producer Marios Piperides agrees: “We are missing the infrastructure of places like Malta, but they have been doing this since the 60s. It is going to take some time, but there is progress, year on year, and the more films happening here, the more we can start to support.”

Piperides, who is currently filming a €2.5m French, German and Cypriot co-production on the island called Tel Aviv/Beirut, describes the government’s raft of incentives as “an open door for bigger films to come”. Another production, SOS: Survive or Sacrifice, fronted by William Baldwin, also shot on the island last year.

“Previously you could not survive working as a freelancer or crew member here with only one or two films per year, it was impossible," says Piperides. "But now, if there is steady work with five, six or seven films a year being made, local and international productions, then you can put more people into the system that can support the industry."

Ministers are actively pursuing private investment to hurry the industry’s evolution.

George Campanellas of Invest Cyprus, the national investment promotion agency, says talks are ongoing with a number of film studios, despite the difficulties of the coronavirus pandemic. "They are a clear sign of international interest in Cyprus," he says. "This is a great time for film investors to get on board." While a lack of studio infrastructure might strike most people in the movie business as a handicap, Logothetis remains unfazed. “For independent film makers it’s getting tougher and tougher to make the movies they want to make. I don’t want to make a movie for two or three million dollars; I did that 25 years ago. I’m just not interested in that. I’m at the top of the threshold and my movies deliver.

“Now I’ve made a great action film and built the infrastructure needed for that film within budget, and I’ve already had conversations with Paramount to make Jiu Jitsu 2. “If Olivewood wasn’t a viable alternative to Hollywood, I’d have gone home.”

Telegraph Media Group Ltd.

Using Your Turks and Caicos Travel Authorization

As soon as you have obtained your Travel Authorization for Turks and Caicos, you will only need a passport to enter the island. Your passport must be valid and current.

https://fr.ivisa.com/turks-and-caicos-tci-travel-authorization

Turks and Caicos are a British Overseas Investment Agency (OTOIA) islands. These islands were originally designated as an"advantage of interest" by the United Kingdom in the Treaties of Harare and Versailles. The islands are in the Ionian Sea near the island of Majorca. British citizenship is not required for visiting this island.

If you're traveling into the island you will have to acquire a TCI Travel Authorization. This is really not compulsory, but it's advisable that you do acquire one. There are many reasons why people wish to visit this island. Some go there to see the historic sites, while others go there to enjoy the rich culture that has made this island a popular among musicians, writers, and other entertainers. Other people move there to help promote business on the island. For any or all of these reasons, acquiring a Traveling Companion can be your passport to getting to this special location.

As soon as you have acquired your Traveling Companion for Turks and Caicos, you may only need a passport to enter the island. Your passport must be valid and current. Without a valid passport in hand, it will not be possible to board the airplane to Cyprus or anywhere else on earth for that issue. Without a Travel Authorization for Turks and Caicos, even entry to the island of Cyprus is illegal. Thus, obtaining a TCI Travel Authorization will set your name onto a list of those who have acquired necessary travel visas.

Possessing a TCI Travel Authorization will also help to make things easier for those who have some long-term aims on going to the island of Turks and Caicos. If you plan to remain on the island for a long time period, you will have to acquire a visa. Your visa has to be from the state that you're traveling to. It cannot be the same nation as the one that issued your Travel Authorization. This will make certain you stay legally within the country you are visiting.

Many individuals between vacations decide to go to this island between semesters. If you are planning to visit here during Spring Break, then you will need to apply for a TCI Travel Authorization. But if you're visiting for an elongated time period, you may want to consider another sort of Travel Authorization that will provide you more time to acquire the visa you need. There are quite a few businesses on the island of Turks and Caicos that supply this kind of service. Just make sure that the company that you choose is legitimate.

Turks and Caicos traveling cannot be completely discounted. The reason for this is that the island is part of the Caribbean Sea. More than 3 million people annually go on holiday to this region. That means there's a great possibility that someone who you know will want to see.

(http://www.MaritimeCyprus.com) STEAM (Sea Traffic Management in the Eastern Mediterranean) is a three-year project that has started in Jan. 2019 with a budget of approximately one million EUR. The project (INTEGRATED/0916/0063) is co-financed by the European Regional Development Fund and the Republic of Cyprus through the Research Promotion Foundation.

The primary goal of STEAM is to develop the Port of Limassol to become a worldclass transshipment and information hub adopting modern digital technologies brought to the maritime sector, as well as a driver for short sea shipping in the Eastern Mediterranean.

Towards this end, the ports of Cyprus, and especially the Port of Limassol will have a vital role to play due to its strategic location, as an information hub, exchanging information with both nearby ports and ships in the Eastern Mediterranean area for optimizing the ships’ routes, expanding the planning horizon for port operations, and avoiding possible dangers.

The geographical location of Cyprus encourages the use of Cyprus ports as transshipment hubs for short sea shipping. In the STEAM project, the implementation of the STM concept will be significantly extended and enhanced by the successful testbed conducted at the Port of Limassol through the further development of Port CDM, which will enable real-time situation awareness to all participants involved in maritime activities in the ports of Cyprus.

Moreover, the Port of Limassol will be modernized with innovative technological solutions and advanced data analytics providing new decision-support tools and services for maritime stakeholders.

Consortium Partners

Cyprus University of Technology (CUT)

CUT is an established public university, founded by law on December 2003, and one of three state universities in Cyprus. CUT is a dynamic university with six leading schools/faculties and 10 academic departments, able to offer education and high-level research, in primary branches of science and applied technology, at Undergraduate and Postgraduate levels. According to the Times Higher Education World University Rankings, CUT is the youngest university in the list of top universities in Europe; an achievement that highlights the emerging, dynamic, and innovative nature of CUT. Website: https://www.cut.ac.cy/

Research Institutes of Sweden (RISE)

RISE is Sweden’s research institute and innovation partner. Through its international collaboration programmes with industry, academia and the public sector, RISE ensures the competitiveness of the Swedish business community on an international level and contribute to a sustainable society. RISE is an independent, State-owned research institute, which offers unique expertise and over 100 testbeds and demonstration environments for future-proof technologies, products, and services. Website: https://www.viktoria.se/ 

Cyprus Port Authority (CPA)

CPA is a semi-autonomous government agency that is responsible for the supervision and oversight of the ports and port facilities of Cyprus. CPA is the competent entity as an administrator to operate, manage, develop the ports, facilitate the international shipping and issue the licenses of pilotage. In its public power role, CPA is the owner of the ports and lighthouses as well as the regulator of port services rendered. Website: https://www.cpa.gov.cy/

Cyprus Shipping Association (CSA)

CSA was established in 1945 to provide a professional forum for the Shipping Agents of Cyprus. CSA has the following key aims: the provision of high quality services by the Shipping Agent, the protection of the professional rights of its members and the promotion of their common business interests, the prosperity and growth of Cyprus as a maritime centre and a transhipment hub, and promoting improvements in the ports of Cyprus and in the laws affecting the profession as well as the shipping and port industry of the island. Website: http://www.csa-cy.org/

Tototheo Trading Ltd. (TOTOTHEO)

TOTOTHEO specializes in maritime technologies and services with the goal of optimizing vessel and fleet performance. TOTOTHEO’s services include innovative, efficient and functional solutions in the fields of satellite communication, navigation systems, and digitalization services. TOTOTHEO offers its products and services to ship operators within merchant shipping, the offshore, yachting as well as the fishing industries and also caters for government and land communication users with mobile and fixed solutions. Furthermore, TOTOTHEO is investing in research and development, providing fit-for-purpose solutions. Website: https://www.tototheo.com/

A.T. DeLevant Business Solutions Ltd. (DELEVANT)

DELEVANT is a company registered in Cyprus founded in 2008. It provides solutions and services that utilize mathematical modeling and machine learning on top of a business intelligence platform to support better operational and business decisions. DELEVANT’s clients currently utilize these solutions in their Financial Budgeting, Sales Forecasting and Operations & Inventory Planning processes. DELEVANT works with a local and international clientele and develops solutions based on either 3rd party software or through DELEVANT’s own product suite, ForeSight TEAM. DELEVANT is a Silver Microsoft Partner and both its product suite and business intelligence services are based on the Microsoft Business Intelligence platform. Website: http://www.delevant.com/

Cyprus Subsea Consulting and Services Ltd (CSCS)

CSCS is concerned with the safe and efficient management of the deep and coastal seas of the Mediterranean. Main interests of the company lie in high-quality measurements, analysis, and models of oceanographic phenomena, in near real time and baseline environmental and impact assessments of marine ecosystems. They have expertise in supporting subsea infrastructure by the operation and maintenance for a range of sensors and observing platforms as well as bespoke ship- and satellite-based observing-systems. Website: https://cyprus-subsea.com/

2019 has been a very productive first year for the STEAM project with some important developments and publications, many of which you will have the chance to read about in the below newsletter.

      Cyprus STEAM project (Sea Traffic Management in the Eastern Mediterranean) (www.MaritimeCyprus.com) STEAM (Sea Traffic Management in the Eastern Mediterranean) is a three-year project that has started in Jan.

Binary Options: Living Up to the Hype

If you use the web for financial and investment information you have probably seen some astounding advertisements promising astronomical short term investment opportunities. Some of the more recent claims are "up to 95% profit in one easy trade," "Earn up to 85% per trade," or "Win up to 88% per trade." Are these types of claims accurate? Does the world of binary options live up to the hype? We will explore this question in this report.

What is a binary option? Perhaps it is best to define the word 'option' first. An option is simply a financial contract where we agree to buy or sell some sort of asset at a certain price within a certain time frame. Options fall into the derivatives category because such a contract has a value without actually holding the underlying asset itself. For example, if you own an option contract for Apple or Google, that contract has value all by itself, despite the fact that you own no shares in the company. The mere fact that you have a contract to buy or sell shares in the future has a value in and of itself. Option contracts expire at some time in the future - minutes, hours, weeks, months or even years, depending upon the particulars of the contract. Upon expiration, an option contract becomes worthless. So those who invest in options must do something with them, buy or sell, sometime before they expire.

A binary option is a highly specialized option contract which cannot be sold after purchase. This type of option is simply held by the purchaser until it expires with a predetermined profit or loss. The advertisements that describe a 90% profit simply describe an option deal whereby a 90% profit (or loss) would be generated if the underlying asset performs in the manner that you predict. For example, let's say the Dow Jones Industrial Average opens up at 16,501. You think it will close higher by the market close. So you decide to purchase a $500 call (upward price expectation) option with an end of day expiration. The day grinds to a close with the Dow closing up one point at 16,502. Your option contract appreciates in value by 90%. Thus, your $500 appreciates to $950. If the DOW closes down, you lose the contract and will lose most of your $500. Some brokers will give you back 15% on losses. But this type of option is binary in nature, meaning you will either win or lose at the time of expiration. Some have described this type of option like throwing money on red or black at a casino. This is a fair description. Yet most option investors would like to believe they are much more skilled than gamblers who play the casinos.

Binary options have been around for years as private over-the-counter deals. These exotic options were first introduced to the general public in 2008, when the brokers started offering the deals online. Today there are dozens of brokers who specialize in these exotic options. Most of these are located offshore in places like Cyprus and the British Virgin Islands.

Are binary options legal? Like most legal subject areas, the answer is not simple. Most of the binary options brokers operate in locations outside of the jurisdiction of securities regulators. Some of them operate under casino gaming licenses. There is now a CySEC (Cyprus Security and Exchange Commission) which is attempting to regulate the industry for those brokers within that jurisdiction. In the United States there is a relatively new broker called NADEX (North American Derivative Exchange). This firm is fully regulated by the Commodities and Futures Trading Commission, a US government agency similar to the Securities and Exchange Commission. Binary option investing is so new that it will take some time to see how the regulatory environment actually pans out. Certainly it is fair to say that the legal trend is toward fully regulated firms which offer exotic option investment opportunities to eager clients within any jurisdiction.

Before we look at the upside of binary options let's take a look at the downside. Exotic option investing is not traditional investing. Some say it is very similar to gambling. I like the red/black roulette wheel analogy. When you acquire a binary option contract it will either win or lose at some point in time, depending upon the expiration time of the deal. Many of the option brokers now promote 60 second contracts. A fair assessment would be to call such a contract an investment/gambling hybrid. In fact, it could be argued that any Wall Street investment is really nothing more than an elaborate gambling scheme.

Unlike traditional option deals, where each contract controls a certain number of shares, there is no leverage with binary options. With this type of option you cannot exercise the options. Thus you have no right to the underlying asset. The option is strictly used to generate income for the holder.

There is no liquidity with binary options. There is no marketplace to sell these unexpired contracts. Once you purchase the contract you are in for the duration. Some brokerage firms are starting to experiment with liquidity, offering to either buy back certain of the contracts under certain conditions or find buyers willing to take over unexpired contracts. It will be interesting to see how the industry evolves in terms of such an after-market.

Another downside for binary options has to do with the losses. To truly make money in the long run you have to be a skilled investor with high win to loss ratio. Because when you lose with these options, you lose really big, upwards of 90%. Some brokers are now returning 5% to 15% on the losses. This is probably just a marketing ploy to get you to stick with them. But depending upon the size of your account and the size of your trades it could help with another trade.

Unfortunately the mainstream financial press doesn't have much to say about the field of binary contracts. Dr. Jon Najarian, a host of the CNBC television program "Fast Money," calls binaries "training wheels" for getting involved in traditional options. Najarian says that binary options will have wide appeal to "individual investors, hedge funds and institutions, who have an opinion, one way or another, on future price movements." An article entitled "Don't Gamble on Binary Options" appeared in Forbes magazine in 2010. Gordon Pope, the author, spent two pages convincing the readers to stay away from binary options. He closes the article out by stating that "If people want to gamble that is their choice. But let's not confuse that with investing. Binary options are a crapshoot, plain and simple." It is unfortunate that Pope places binary options in such a negative light. He fails to mention that virtually all types of investments are a crapshoot.

Now we will discuss some of the pros of binary options trading. First of all, these options are an excellent and simple way to get exposure to various markets - stocks, commodities, Forex and the like. Binary options truly make it possible for anyone to trade markets. Some of the brokers will even open accounts with $100 and let you experiment with $10 deals. Again, this paves the way for almost anyone to get involved.

Trading binary options is an excellent way to test various trading strategies without risking large amounts of money. This type of option account can be opened up in minutes and does not require long questionnaires, approval and cumbersome procedures like with a conventional options account. Most of the brokers accept credit cards as well as your favorite online payment method. Wire transfers with your bank are also available. Because most of these option firms are located offshore, opening up an account in one of these locations is a simple way to set up funds offshore.

The most obvious benefit of investing in binary options is the huge upside potential. Where else can you get returns of +80% in such a short period of time? So, do binary options live up to the hype? The answer to that question depends upon how they are used and how successful a particular binary option investor is. Of course the underlying market conditions also play a large role in whether how binary options signals work  a particular binary option contract is profitable or not. The bottom line is that binary options can be a very profitable investment vehicle for short term profits.

14 April 2019: King Abdullah II, Cypriot President Nicos Anastasiades, and Greek Prime Minister Alexis Tsipras agreed during their Trilateral Summit to expand cooperation between the three countries in vital sectors including energy, agriculture, tourism, health, education, trade, investment, and ICT.

The three countries also agreed to encourage their respective private sectors to establish joint projects that capitalise on available trade opportunities, while bolstering expertise and knowledge exchange. (Source: Petra)

Jordan, Cyprus, and Greece affirmed the importance of maintaining coordination on issues of mutual concern, in service of common interests and with the aim of achieving peace and bolstering security and stability in the region.

The Trilateral Summit reaffirmed support for King Abdullah’s efforts, as Hashemite Custodian, to safeguard Islamic and Christian holy sites in Jerusalem and preserve the legal and historical status quo in the city.

In addition, the Summit covered the peace process, reiterating support for a comprehensive, just, lasting and negotiated solution to the Palestinian-Israeli conflict based on the two-state solution, international law, relevant UN resolutions, and the Arab Peace Initiative, that guarantees the establishment of an independent Palestinian state on the 4 June 1967 lines with East Jerusalem as its capital, living side by side with Israel.

In remarks at the first round of the Trilateral Summit, His Majesty welcomed President Anastasiades and Prime Minister Tsipras, noting that since last year’s first Trilateral Summit, the partnership has moved in the right direction.

The second Trilateral Summit, the King said, is an opportunity to move beyond the political relationship to cover economic, security and cultural ties.

His Majesty voiced hope that the joint business forum, held in parallel to the Summit with the participation of business leaders from the three countries, would prove successful.

The King noted renewable energy, agriculture, tourism, and transport as some key sectors for cooperation.

His Majesty highlighted the role of Cyprus and Greece in overcoming regional challenges, noting efforts to move forward on the two-state solution and the peace process, as well as addressing challenges in Iraq and Syria.

The King also pointed to Cyprus’s and Greece’s support for Jordan’s efforts to safeguard Islamic and Christian holy sites in Jerusalem.

“This is something that is close to all our hearts,” His Majesty said, commending the important role of the Greek Orthodox Church in Jerusalem, the West Bank, and Jordan.

Thanking the King for the hospitality, President Anastasiades said the meeting “reflects the importance we attach to further expanding and deepening our synergies to the benefit of our countries, our peoples in the region as a whole”.

“The signing of the memoranda of understanding in the field of education, and between our respective investment promotion agencies, as well as the first trilateral business forum taking place today, constitute important developments in fully exploring the important opportunities between our countries,” the Cypriot president added.

“I believe that the decision we have taken to establish a permanent secretariat in Cyprus will serve the further development of our trilateral mechanism, with the aim of ensuring that both its potential and momentum are fully exploited and utilised,” he said.

President Anastasiades said the three countries share a common belief in the need to achieve political solutions to regional crises in accordance with international law, “and in full respect of the sovereignty, territorial integrity and independence of states, as well as of good neighbourly relations”.

The three countries also share the same position that addressing the effect of the refugee crisis and migration flow requires solidarity and responsibility sharing, he noted.

“In this respect, I wish to assure Your Majesty that we will continue working with our EU partners so that Jordan is supported both politically and economically in addressing the consequences of the refugee crisis, and the heavy burden this places on its economy, structure, and society,” President Anastasiades said.

“In parallel, we will continue to actively advocate for the strengthening of EU-Jordan relations, including engaging more on regional and foreign policy issues,” he added.

President Anastasiades also spoke about the latest efforts to resume negotiations on the Cyprus problem to reach a lasting solution.

For his part, Greek Prime Minister Tsipras said the Summit “highlights the determination to strengthen our partnership with a strategic perspective for the region”.

“Jordan is a country with which we have strong historical and cultural ties. Jordan is a country that constitutes one of the most important forces of stability in the region as well as of peace and coexistence in our broader region,” he added.

Greece and Cyprus, as “frontline EU countries in the region”, realise that “challenges that have to do with security or refugee flows in the Middle East are challenges for Europe as a whole,” Prime Minister Tsipras added.

“Your crucial role in Syria, and your crucial role in supporting Syrian people; your crucial role in the Middle East peace process, and your role as Custodian of the Islamic and Christian shrines in Jerusalem; or your role in confronting terrorist networks and extremism—it is very important for global and regional developments,” he said, addressing His Majesty.

The prime minister said Greece will increase coordination to strengthen EU-Jordan relations and “to support peace in Syria, and a two-state solution for Israel and Palestine living in peace, based on the borders of 1967, with East Jerusalem as the capital of Palestine.”

Noting the potential for business and economic cooperation between the three countries, Prime Minister Tsipras said the business forum held on the sidelines of the Summit offers an opportunity to bolster cooperation in construction, energy, tourism, education, and ICT.

Discussions at the Trilateral Summit’s second round covered means to advance economic cooperation, and also addressed the outcomes of the first Summit.

The third round covered developments in the Middle East and the importance of achieving peace and stability in the region.

Regional and international efforts to counter terrorism within a holistic approach were also discussed.

Moreover, His Majesty, President Anastasiades, and Prime Minister Tsipras witnessed the signing of two trilateral memorandums of understanding on cooperation in investment and education.

Earlier on Sunday, the King held bilateral and expanded talks with President Anastasiades on means to enhance cooperation and partnership between Jordan and Cyprus, as well as regional developments.

His Majesty and the Cypriot president, in the presence of the Greek prime minister, witnessed the signing of a bilateral agreement between Jordan and Cyprus on cooperation in fighting terrorism, organised crime, illicit trafficking in narcotic drugs, psychotropic substances and their precursors, illegal migration and other criminal offences.

A memorandum of understanding between Jordan and Cyprus on research and technology was also signed.

Also on Sunday, the King held bilateral and expanded talks with Greek Prime Minister Tsipras, which covered opportunities for further cooperation and regional issues.

At the conclusion of the Jordan-Cyprus-Greece Second Trilateral Summit, which was attended by senior officials from the three countries, the following declaration was released:

“We, Abdullah II ibn Al Hussein, the King of the Hashemite Kingdom of Jordan, Nicos Anastasiades, President of the Republic of Cyprus, and Alexis Tsipras, Prime Minister of the Hellenic Republic”, having met in Amman today, 14 April 2019, have agreed to strengthen the trilateral cooperation between our countries in order to promote a partnership in various fields of common interest, and to work together towards promoting peace, stability, security and prosperity in the region, and we have agreed to build on the outcomes of our first trilateral Summit, which took place in Nicosia on 16th January 2018.

Since our first trilateral summit, significant progress has been achieved in various fields of cooperation. In the meantime, much potential remains untapped and it is important to focus our attention on such areas in order to maximize the return from our cooperation, to our joint benefit.

We agree that the core values of our trilateral cooperation are the respect for international law and for the purposes and principles of the United Nations Charter including: the maintenance of international peace and security, respect for the sovereignty, independence and territorial integrity of States, the prohibition on acquisition of territory by force, development of friendly relations among nations and the settlement of international disputes by peaceful means.

We also stress the importance for the respect of the sovereignty, sovereign rights and jurisdiction each State has over its maritime zones in accordance with international law.

We strongly reaffirm our support for a comprehensive, just, negotiated and lasting settlement of the Israeli- Palestinian conflict based on the two- state solution and in accordance with international law, relevant UN resolutions and the Arab Peace Initiative. We maintain our common position that the status of Jerusalem, the holy city of the three monotheistic faiths, must be determined within the framework of a comprehensive solution to the Palestinian-Israeli conflict that guarantees the establishment of an independent, viable and contiguous Palestinian state on pre- June 1967 lines, with East Jerusalem as its capital living side by side with Israel.

We emphasize the relevant United Nations’ Security Council and General Assembly resolutions on the status of Jerusalem.

We reaffirm our support to the endeavors of His Majesty King Abdullah II ibn Al Hussein, the Custodian of Islamic and Christian holy sites in Jerusalem, in safeguarding such sites and preserving the legal and historic status-quo therein, and in accordance with the declaration of the 1st Summit of the League of Arab States (LAS) and the European Union (EU) member states held on 24-25 February 2019 in Sharm El-Sheik, Egypt.

We reaffirm our steadfast support to the ongoing efforts for the resumption of the negotiating process, under the Good Office Mission of the UN Secretary General, for a just, comprehensive and viable settlement of the Cyprus problem, in line with the relevant United Nations Resolutions, international law, and the principles upon which the European Union is founded. We stress the indispensable role of the United Nations Peacekeeping Force in Cyprus (UNFICYP) in ensuring peace and stability in line with the United Nations purposes and principles as enshrined in the UN Charter. We commend the efforts of the President and the Government of the Republic of Cyprus to reach a solution that will reunify the island and safeguard Cyprus’s independence, sovereignty and territorial integrity. We underline that a comprehensive settlement would not only benefit the people of Cyprus, but also significantly contribute to peace and stability of the region.

Jordan is at the frontline of the fight against terrorism and as such, we express resolute support to Jordan’s efforts to counter this phenomenon in a holistic approach, particularly to the key platform that His Majesty King Abdullah II ibn Al Hussein established through the Aqaba Process Initiative, which offers for collaborative exchanges, consolidating the global front against terrorism and preventing violent extremism. In this context, and further to the 3rd Rhodes Ministerial Conference for Stability and Security, which took place in June 2018, we welcome the upcoming 4th Rhodes Ministerial Conference, to take place on 27-28 June 2019.

We commend the holding of the first European Union - League of Arab States (LAS) Summit, which took place on the 24th and 25th of February 2019 in Egypt, and opened the door to deepen cooperation on shared strategic priorities including security threats, regional crises, climate change, migration and refugees.

We express our commitment to the unity, sovereignty, and territorial integrity of Syria. We emphasize the need for a political solution to the conflict and in accordance with UNSC resolution 2254 that would enable the voluntary return of Syrian refugees and all IDP’s to their homes. We extend our full support to the new UN envoy to Syria and his efforts in the framework of the Geneva Process.

We reaffirm the responsibility of the international community to manage the refugee crisis on the basis of the principles of solidarity and equitable burden-sharing, and we appreciate the role of the Hashemite Kingdom of Jordan for hosting over 1.3 million Syrians. We acknowledge the instrumental role of the EU in supporting Jordan to overcome the crisis, thus helping the achievement of stability and security in the region. We also underline the crucial role of Greece with regard to the reception and accommodation of the refugees and appreciate the humane treatment of the refugees in the country. Cyprus’ efforts to provide reception and hosting to disproportionate number of refugees are also acknowledged.

We underline the importance of Euro-Mediterranean cooperation and highly value the role of the Union for the Mediterranean. Under joint EU-Jordan chairmanship, the UfM has gained traction in promoting the common interests of the countries of the region.

We express our support to the new Government of Iraq and its endeavors to uphold the unity, sovereignty, and territorial integrity of the country. We recognize in that respect, the great sacrifices borne by the Iraqi people which culminated in the commendable territorial defeat of Da’esh in Iraq.   In this regard, we also express our support to the laudable efforts of the Iraqi government to be able to meet the needs of its people, through immediate stabilization ventures, which seek to prevent any political or security vacuum from emerging in the liberated areas- where reconstruction must commence and IDP’s return. In that respect, we welcome the participation of the foreign minister of Iraq in the meeting of our foreign ministers today preceding this summit, and we positively note the decision of our foreign ministers to meet with the foreign minister of Iraq in Baghdad in the near future.

We positively note the recent trilateral meeting of our Foreign Ministers which was held in Nicosia on December 19, 2018, and we agree that the Foreign Ministers forum serves as a trilateral consultation mechanism on foreign policy issues, to achieve our common goal of peace, security and stability in the Eastern Mediterranean and wider region.

We reviewed the progress achieved in the sectors endorsed at the first Trilateral Summit namely: renewable energy resources and energy efficiency, agriculture management of water resources, aquaculture, tourism, merchant shipping, health and the protection of antiquities. We express our commitment to intensify cooperation in such sectors, while exploring opportunities for cooperation in other fields of mutual interest.

We welcome the signing of the trilateral “Memorandum of Understanding on Cooperation in the field of Education for 2019-2022” which will lead to the exchange of experts between our three states, and enhance our trilateral cooperation in the areas of environmental education, sustainable development and information communication technology, as well as to establish direct links and cooperation between our higher education institutions.

We also welcome the signing of the trilateral “Memorandum of Understanding on Cooperation between Jordan Investment Commission (JIC), Enterprise Greece S.A. and “Invest Cyprus” aiming at strengthening investment relations and improving the business and trade environment.

We believe that the large gas discoveries in the offshore fields of the eastern Mediterranean will have a major impact on the energy sector and economic development in the region and can serve as a catalyst for regional stability and prosperity. Based on such discoveries, we welcome the holding of the first meeting of Ministers of energy which took place in Cairo on January 14, 2019, where the Ministers established the “East Mediterranean Gas Forum” (EMGF), as a forum for all states in the region, to support the efforts of its members - both producers and consumers - to benefit from gas reserves and infrastructure in order to secure their energy needs.

We reiterate the significance of the “Council of Europe Convention on Offences relating to Cultural Property”, the “Nicosia Convention”, which focuses on the criminalization of the illicit trafficking of cultural property, and we underline the importance of protecting the cultural heritage of the Eastern Mediterranean, and emphasize our resolve to counter looting and illicit trafficking in cultural property especially in armed conflict areas. Furthermore, the trilateral Agreement on the Prevention of theft, clandestine excavation and illicit import, export or transfer of ownership of cultural property and the promotion of its restitution, which was signed on 16 January 2018, bears testimony to the importance our countries attach to these issues.

We reaffirm our willingness to continue our solid cooperation in the context of International Organizations; especially within the UN system and we also reaffirm the importance of closer cooperation and policy coordination on various international issues.

We acknowledge the high importance of collaboration between our parliaments in the framework of our trilateral cooperation. In this regard, we welcome the 1st trilateral meeting of the Speakers of the Cypriot, Greek and Jordanian parliaments, scheduled to take place at the Dead Sea, Jordan on 15th of April 2019 as an additional important step towards enhancing relations and cooperation between our states.

We welcome the holding of the joint Business Forum in Jordan on the sidelines of this trilateral summit which will enable us to witness significant development and progress in various business sectors (tourism, energy, ICT), and provide a chance to discuss further means of expanding the existing economic and commercial relations between the three countries, and introduce Jordan as a hub for the private sector to access the Iraqi market.  

We shall encourage and develop the existing positive environment of economic cooperation between our countries with the aim of promoting trade exchanges and attract investment in various sectors.

We shall facilitate the organization of trade missions, conferences, forums and exhibitions; as a platform of interaction among the representatives of the private sector in our countries, to support the establishment of joint ventures capitalizing on the indispensable business opportunities provided by our economies, as well as foster the transfer of knowledge and exchange of expertise to enhance the competitiveness of our economies and ensure a better global integration.

We agree to explore the possibility of our cooperation to include our diaspora and expatriate communities, through the implementation of specific initiatives involving them, with particular emphasis on youth.

We emphasize the importance of our trilateral cooperation and we agree to establish a Permanent Secretariat in Nicosia, which will anchor and facilitate this cooperation in order to realize its full potential, to the benefit of our countries and peoples, and of our region. In that respect, we agree to appoint a national coordinator in each country for our trilateral cooperation. Furthermore, we agree to institutionalize high-level interagency discussions on foreign, defense and security policy in addition to launching a ministerial trilateral cooperation forum involving the ministers of finance and trade.

We agree that the next trilateral Summit will be held in Greece in 2020.

Amman, April 14th, 2019”.

Eat your heart out, Khabib.

French outlet Mediapart report this morning as part of a new dump of Football Leaks revelations that AS Monaco owner and Russian billionaire Dmitry Rybolovlev attempted to hide a massive, illegal amount of funding into the team with a fictitious marketing contract and through the involvement of a series of offshore companies in the British Virgin Islands and Hong Kong.

Get French Football News takes no responsibility for the authenticity of the content.

The French outlet claims that Rybolovlev put in €326m into AS Monaco over a time period of two years, in direct violation with UEFA regulations, which since 2010, have stipulated that such cash injections on the part of club owners infringe upon Financial Fair Play.

Mediapart detail how Monaco agreed to a marketing deal in June 2014 that was in reality to be a yearly sum of €140m given by Rybolovlev, concealed by arranging the payment through the British Virgin Islands and Hong Kong. The scheme fell through when a disagreement occurred between Rybolovlev and Bernard de Roos, the Dutch head of Swiss-based sports marketing agency, AIM.

de Roos notably threatened to activate a “nuclear bomb”, which is understood to have been revealing the scam to UEFA, and so Monaco concluded discussions amicably to avoid any fallout.

Despite the club coming close to liquidation before Rybolovlev swooped in to save it and the subsequent attempted fraud, Monaco received a minor penalty from UEFA during that investigative cycle, of a paltry €2m.

Mediapart alleges that the CFCB Investigatory Chamber, charged with investigating FFP violations, omitted a series of disturbing findings when trawling through Monaco’s finances, in their final report. Behind the scenes, Monaco are understood to have executed a successful lobbying campaign that included a Michelin-star restaurant experience in Monaco, after which the head of UEFA’s FFP programme agreed to help prepare the club for their CFCB Investigatory Chamber hearing.

AS Monaco responded to allegations about its work with marketing agency AIM:

“As the project proposed by this company turned out to be too ambitious and ultimately unachievable, AS Monaco made the decision to terminate the collaboration with the AIM agency while informing the sporting authorities of this breach of contract.”

In the summer of 2014, Rybolovlev was uncertain about pivoting to a strategy of offloading players, which the club has since paid enormous financial dividends for ASM. In the face of FFP pressure and the fact that Monaco had run up losses of €170m in the previous three years, he decided to instruct his board to do everything in their power to abide by UEFA’s regulations.

The difficulty in winning sponsorship contracts was highlighted by Monaco’s tiny population and the club’s 18.5k capacity ground – sponsors showed little interest, underlined by the fact that ticket sales & sponsorship deals made just €14.4m in revenue for the club in the 2013/14 campaign. This was in conflict with the club’s €125m annual budget and the CFCB Investigatory Chamber began to take notice and club Vice President Vadim Vasilyev launched a campaign to find “a political solution”with the body, much like PSG and Manchester City sought out.

Vasilyev wrote to middleman Filips Dhondt, to get the head of CFCB Investigatory Chamber, Jean-Luc Dehaene to agreed to a meeting, to “spend some time in Monaco together” along with the head of the FFP programme, Andrea Traverso.

Mediapart then go on to describe a meeting on March 13th 2014, when Dmitry Rybolovlev sat down with Michel Platini & Gianni Infantino at UEFA headquarters in Nyon, Switzerland, in which AS Monaco’s marketing director told Rybolovlev to “build a closer personal relationship with UEFA President Michel Platini, the big promoter” of Financial Fair Play regulations. This individual proposed to Rybolovlev that he should explain the club’s project and “obviously not even give the slightest indication” that Monaco had violated the regulation.

The marketing director then astonishingly added that the Rybolovlev might “only if appropriate and to show that our president is well-informed” mention to Platini that he knew that his son was an employee at PSG – “close to a conflict of interest”.

AS Monaco have since informed Mediapart that Rybolovlev did not follow the “inappropriate” advice.

AS Monaco clearly felt that the proposed AIM marketing deal was necessary after that meeting, drawing up a contract in June 2014 under which the agency was to manage sponsorship and marketing for the club, which was to rent state of the art advertising boards from AIM for €350k a year. In return, AIM was to ensure that the club received annual revenues worth €140m for 10 years – a crazy number, more than the club’s annual spending of €125m and five times larger than the largest sponsorship deals brokered by Real Madrid & Barcelona.

Monaco structured the deal whereby if their income (excluding TV rights money) would amount to less than €140m a year, then AIM would be obligated to pay the difference. This was particularly absurd as ASM in the year previous had made just €14.4m in income, which would have forced AIM to pay €125.6m to Monaco.

Rybolovlev’s lawyer Tetiana Bersheda warned Monaco VP Vasilyev that the deal “did not make sense economically” – but was ignored. The contract was signed between June 16th and 20th 2014, just in time to be able to include a down payment from AIM, allowing Monaco to reflect such a deal in the balance sheet, meaning they posted a profit of €11m instead of losses of €116m.

The CFCB Investigatory Chamber opened an investigation into the AIM contract with Monaco did not receive the first payment that they were due, on October 3rd, of €9m. They didn’t receive it quite simply because Bernard de Roos, the head of AIM, did not have it. The deal was set-up in Hong Kong, allegedly for reasons relating to Rybolovlev’s divorce proceedings, but the final stage of the offshore set-up is arguably the most shocking. Under the investment agreement finalised on 31st October, a company registered in the British Virgin Islands, called City Concept Ventures, agreed “to invest”in AIM Digital Imaging €140m a year for 10 years, exactly the amount that the company was to pay AS Monaco. The deal also stipulated that City Concept Ventures would pay €2.2m to de Roos’ agency, his personal profit for participating in the scheme.

Mediapart allege that City Concept Ventures was a front for Monaco owner Dmitry Rybolovlev, with its contract details managed by a law firm called Neocleous, which also manages his trusts in Cyprus. In other words, the allegation is that Rybolovlev was set to use AIM as a vehicle to pump more money into Monaco, using the front of fictitious sponsorship contracts to do so.

When Monaco officials travelled to UEFA’s headquarters for their FFP hearing on November 7th, Mediapart claim that they lied about their new partnership agreement, claiming that half of the €140m a year guaranteed by AIM was made up of real sponsorship deals, when in reality they made up less than 10% of that sum.

The scheme ultimately fell through as de Roos refused to participate, angry that Monaco had sold their top players and reduced the club’s brand value.

But Mediapart claim that the real reason for the deal’s collapse was that AIM did not receive the €140m it was due to receive from City Concept Ventures, because Dmitry Rybolovlev had just fallen out with Prince Albert of Monaco over other matters, and decided to suspend all investment into the club as a result. Football Leaks documents show that Rybolovlev had indeed stopped funding the club, and Monaco were months away from liquidation as a result, likely as a power move by the Russian oligarch.

The club was forced into looking at borrowing money against the guarantee of Champions’ League involvement payments. Macquarie, the Australian banking group, refused to lend any sum until AIM began making payments to Monaco.

In the end, Monaco reached a sweetheart agreement with UEFA over their FFP infringements, a fine of just €2m, on the basis that the club had pledged to introduce a new economic model based on the sale of players and the AIM scheme never took off, with UEFA never finding out that it was merely a front for Rybolovlev to invest more money into ASM, until now…

Intellectual property firms in middle east

Intellectual property firms in middle east

What separates human beings from other animals is our ability to dream and create. Creativity fuels everything from scientific discoveries, art, music, and even the food we eat. However, creativity and ownership are not limited to the tangible things we can touch and hold. Ownership extends to the intangibles like our ideas or works in progress that could change the world in the future. This article explains the ways for Intellectual Property Protection in the Middle East region.

In line with this, intellectual property rights are linked to Article 27 of the Universal Declaration of Human Rights. Thus, intellectual property protection is a human right.

Specifically, the Middle East is rich in culture, creativity, and heritage. All of which can be leveraged for economic growth and advancement. Traditionally intellectual property protection in the Middle East was not integral as the Arabic culture looked at imitation as more of a compliment rather than stealing. However, with globalization and the rise of the internet, it has become more and more pressing for the standardization of IP protection, not just in the region, but across the globe.

Notably, the Middle East consists of 17 countries, namely Bahrain, Cyprus, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Palestine, Qatar, Saudi Arabia, Syria, Turkey, The United Arab Emirates, Yemen, and Egypt.

Everyone has the right to the protection of the moral and material interests resulting from any scientific, literary or artistic production of which he is the author.

What is Intellectual Property

Intellectual property, commonly known as IP, includes copyrights, trademarks, patents, and more. It is the rights that cover these intangibles that drive innovation and discovery. This is because IP protection gives inventors an economic incentive to keep pressing on despite setbacks and failures. IP rights protect their holder from exploitation and copycats. They allow businesses to retain their competitive advantage and generate income through royalties and other monetization avenues.

In recent years the Middle East has started positioning itself to compete with more developed regions like the West and the Far East. In fact, world-class cities have sprung up across the desert landscape seemingly overnight. These cities possess cutting-edge infrastructure and opportunities for growth. For instance, the United Arab Emirates (UAE) will soon host Expo 2020, thus hosting the world in its backyard.

As a result, countries, and companies are set to converge in the UAE at a scale that hasn’t been seen since before the COVID-19 pandemic. Similarly, Qatar will also soon host the FIFA World Cup in 2022. This will be the first time the illustrious events will be held in the Middle East. As such, it is becoming increasingly important for the region to align itself with international IP protection standards.

Types of Intellectual Property Rights

Intellectual property is any creation that has economic value. As such, certain rights are given to the person who owns the intellectual property. The World Intellectual Property Organization (WIPO) was founded in 1967 to standardize intellectual property rights. WIPO is a United Nations agency that promotes the protection of intellectual property globally.

Intellectual property is a broad term that includes various types of creations like inventions, art, music, movies, literary works, paintings, photography, brand names, and symbols. In addition, these creations are defined as intangible or non-monetary assets with a commercial value.

The benefits of intellectual property rights are not limited to financial gain, but also give the owner credit and recognition for their work. In most cases, the final product we see is the fruit of years of training, practice, investment, and effort. What we see is the final effort and not the years of failed attempts. Saudi street fashion photographer Lina Mo, for instance, started working as a professional photographer for years before she found mainstream success and recognition. In addition, the media will proclaim someone an overnight success overlooking the years of effort it took to reach visibility.

The most common types of intellectual property are:

Copyrights

Copyright is ownership of literary, musical, dramatic, or other artistic works. Computer programs, websites, databases, adverts and much more are all copyrighted assets. By definition, a copyright protects the expression of an idea via a medium. The most common and commonly violated copyrighted material are movies that are often illegally streamed and downloaded.

Also, copyrights are automatically covered by the Berne Convention, but creators can also register their copyrights. For instance, in the UAE the Ministry of Economy handles copyright registration. Notably, copyrights enable the holder to claim ownership of their work and decide who, when, or how their work can be used. It is for this reason Taylor Swift fought so hard to regain ownership of her music masters, for example.

Normally, copyright protection lasts for the creator's lifetime and an additional 25 to 50 years in some cases. In addition, copyright laws vary from country to country as the Middle East currently does not have a unifying law.

Trademarks

A trademark identifies a product and links it to its source. Words, phrases, symbols, logos, designs, images, devices, and more can be trademarked. In fact, anything that can be identified as part of a business or individual's brand can be trademarked. For example, when Kylie Jenner first ventured into a business she tried to get her name Kylie branded. However, she failed after Australian pop-star Kylie Minogue opposed the claim. As such, before filing a trademark it is important to ensure that similar trademarks do not already exist.

Although trademarks usually only apply in the country of registration, you can also apply for an international trademark. A registered trademark allows the holder to gain exclusive use of the trademarked property. Also, the trademark holder can allow others to use the trademark for a fee. A popular trademark that can be used for a fee is restaurant franchises like the top Lebanese brand Zaatar W Zeit. Usually, a trademark registration lasts for ten years after which the certification can be renewed or canceled.

Patents

A patent relates to the rights over new inventions. However, this requires the inventor to make a detailed public disclosure and provide a working prototype where applicable. For an invention to be patented, it must fit into specific criteria as defined by the country in which the patent is filed. Popular patents include pharmaceuticals as demonstrated by the global race to find a COVID-19 vaccine.

Generally, the invention must be new and be applicable in the industry. Different fields provide additional criteria to qualify for patent application. In the Middle East, a challenge with the patent application has been the jurisdiction of employers vs employee rights. To clarify, employers are not automatically the owners of inventions created by their employees during the employment period. A circumstance that can cause a lot of conflicts.

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Conquering the Cypriot Market: Why ISO 9001 is Your Key to Success

/ Uncategorized / By Factocert Mysore

 ISO 9001 Certification in cyprus 

ISO 9001 Certification in Cyprus, a thriving island country, offers a dynamic business surroundings. However, to truly stand out, Cypriot corporations need to be competitive. This is where ISO 9001 Certification in Cyprus comes in.

ISO 9001: The Global Hallmark of Quality

ISO 9001 Certification in Cyprus is the sector’s most popular diagnosis for satisfactory control structures (QMS). It provides a framework for organisations to ensure the constant fine of their products and services. By imposing ISO 9001, Cypriot agencies can:

Boost Customer Satisfaction: ISO 9001 Certification in Cyprus emphasises assembly and exceeding consumer expectations. This results in happier clients expanded loyalty, and positive phrase-of-mouth advertising.

Enhance Operational Efficiency: The well-known organisation promotes streamlined techniques, reduces waste, and progresses useful resource allocation. This translates into value savings and a more potent bottom line.

Gain a Competitive Advantage: ISO 9001 Certification in Cyprus demonstrates a commitment to exceptional, a precious differentiator inside the competitive Cypriot marketplace. It can open doors to new partnerships and international opportunities.

Attract Top Talent: A focus on first-rate attracts and retains professional employees who price a culture of continuous development.

Benefits Specific to the Cypriot Market

Alignment with the European Union: Cyprus benefits from a robust focus on high-quality standards as an EU member state. ISO 9001 Certification in Cyprus  demonstrates compliance with those high requirements.

Increased Trust from Local Customers: Cypriot purchasers are becoming increasingly satisfied-aware. ISO 9001 Certification in Cyprus alerts a dedication to excellence, fostering belief and brand loyalty.

Enhanced Reputation in Growing Sectors: Tourism, a main motive force of the Cypriot economy, is tremendously reliant on first-rate service. ISO 9001 Certification in Cyprus can provide tourism and hospitality groups with a giant facet.

Getting Started with ISO 9001 in Cyprus

Numerous certification bodies function in Cyprus, offering steering and support throughout the implementation technique. Here’s a roadmap to get you commenced:

Understand the Standard: Familiarise yourself with the ISO 9001Certification in Cyprus  requirements.

Seek Expert Guidance: Consult Cypriot-based ISO 9001 Certification in Cyprus specialists for tailor-made recommendations.

Implement the QMS: Develop and enforce exceptional control strategies for your organisation.

Undergo Certification Audit: An approved certification body will examine your QMS compliance.

Maintain and Improve: Continuous development is a core precept of ISO 9001. Regular audits and critiques ensure ongoing effectiveness.

Conclusion

In conclusion, ISO 9001 Certification in Cyprus  is not just a badge of honor; it’s a strategic investment for Cypriot businesses. It empowers you to deliver exceptional quality, achieve operational excellence, and gain a competitive edge. In the dynamic Cypriot market, ISO 9001 Certification in Cyprus positions your company as a leader in quality, ready to conquer local and global opportunities. Embrace the journey to quality excellence – embark on your ISO 9001 Certification in Cyprus journey today and unlock the full potential of your Cypriot enterprise.

Why Factocert for ISO 9001 Certification in Cyprus

We provide the best ISO consultants Who are knowledgeable and provide the best solution. And to know how to get ISO certification. Kindly reach us at [email protected]. work according to ISO standards and help organizations implement ISO Certification in Cyprus with proper documentation.

For more information, visit ISO 9001 Certification in Cyprus

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Further measures to promote energy efficiency, sustainable mobility, improve education and training and expand connectivity will leave Cyprus well placed to benefit from the opportunities and face the challenges that the twin transition present. I am proud that NextGenerationEU will provide €1.2 billion to support these crucial projects.” The establishment of a National Promotional Agency and the introduction of funding programmes and schemes are expected to improve access to finance and liquidity, especially for small and medium-sized enterprises. Grant schemes for research and innovation as well as the establishment of a central knowledge transfer office are expected to increase investments in research and innovation. The plan aims to reduce risks in the banking sector related to the legacy non-performing loans through a dedicated action plan as well as through measures to improve the working environment for credit acquirers and credit servicers. The plan represents a comprehensive and adequately balanced response to Cyprus's economic and social situation, thereby contributing appropriately to all six pillars referred to in the RRF Regulation. Supporting flagship investment and reform projects The Cypriot plan proposes projects in all seven European flagship areas. These are specific investment projects which address issues that are common to all Member States in areas that create jobs and growth and are needed for the twin transition. For instance, Cyprus has proposed to invest €40 million to promoting energy efficiency investments in SMEs, municipalities and the wider public sector and €35 million on the expansion of very high capacity networks in underserved areas. The assessment also finds that none of the measures included in the plan significantly harm the environment, in line with the requirements laid out in the RRF Regulation. The control systems put in place by Cyprus are considered adequate to protect the financial interests of the Union. The #article continues https://www.instagram.com/p/CRIxPRZN-WQ/?utm_medium=tumblr

Veterans of Foreign Wars

           Working for the Department of State is kind of like being in high school.  In high school, you have your classes, and you have your extracurricular activities, which are meant to make you stand out from the pack in order to get you into a good college or land you a solid job.  In the State Department, despite the fact that you have a certain degree of job security once you’re hired, every three years or so you have to start looking for a new assignment, which is basically the equivalent of applying for a new job.  Scoring that cushy position in Cyprus or the high-profile gig traveling with the Secretary is contingent upon the contents of your Employee Evaluation Report.  And, an impressive evaluation that’s likely to get you one of the aforementioned dream jobs is contingent upon more than just doing your job well but on doing your job, some other people’s jobs, and a few extracurricular activities exceptionally well—all while not upsetting the apple cart.  

           I was down with this (apple cart upsetting aside). Before even leaving training in Washington DC, I had already met with leaders in the gay, women’s, and environmental communities at the Department of State.  So, it was sort of a no-brainer that in addition to my regular job at the US Embassy in Berlin, I became the Post Representative for Gays & Lesbians in Foreign Affairs Agencies, established a chapter of the Federal Women’s Program, joined the Green Team, and was later appointed Mission Contact for Women, Peace & Security Initiatives.  None of these roles felt like obligations, nor was I doing them just to boost my employee evaluation.  For me, they were opportunities.  In fact, the opportunity to promote a progressive agenda in an institution that historically has not been perceived as a purveyor of progressivity was the reason I joined the Foreign Service in the first place.  Needless to say, I had my work cut out for me.  I didn’t just upset the apple cart; I upended it.

           When I traveled to Florida for the Tampa International Gay & Lesbian Film Festival, where the short for my animated series Hypocrites & Strippers screened, the friend who put me up for the weekend was a former neighbor, colleague, and accomplice in my apple cart upsetting at the US Embassy in Berlin.  My first night in Tampa we fell into that talking late into the wee hours of the morning routine that many of us succumb to when seeing an old friend for the first time after a long absence.  I guess somewhat inevitably, the conversation turned to Berlin and the Embassy.  My friend stayed in Berlin after my departure.  So, she caught me up on life at the Embassy after I left, especially the people and things that had frequently made doing our jobs, never mind our extracurricular activities, so challenging.  Then the conversation turned to life after leaving State.  

           When you retire from the Department, there’s a support system set up to transition you back into “civilian life.”  When you resign, as I did, not so much.  I was shocked and comforted by how deeply the reminiscing and commiserating impacted me.  I noticed my friend using the word “we” when talking about the Department, even though I had resigned.  And, it brought to mind a friend at USAID who always says “you guys” when talking to me about State.  Inevitably, I say, “I’m not one of them.  I resigned,” but I’m not sure it registers.  Perhaps it’s like being Jewish.  You can leave the religion, but it doesn’t leave you.  Likewise, you can leave the Department, but it doesn’t leave you.

           I never wanted to be in the military.  It’s not something I can relate to on any level.  But, after my trip to Tampa and recent conversations with former co-workers who have since left State, I think I have a bit of insight into the implicit camaraderie that comes from having served.  I admire, covet, and adore my artist, theater, political, queer, social justice friends—all parts of my identity that resonate with me far more deeply than having worked at the Department of State.  However, there’s a certain something that eludes even the most empathic ally when conversation turns to my time at the State Department, most of these conversations ending with, “Why did you join anyway?”  

           When I talk to my DoS alum, I’m not met with discomfort, accusations, glazed over eyes, shocked looks, or an urgent desire to change the subject.  There’s an inexplicable calming effect and sense of being understood, at least in this one aspect of a not-so-conventional existence that is my life.  I guess I find it surprising that an institution I feel so at odds with can also bring me gifts—beyond the priceless friendships and experiences—in the form of peace and understanding, though it could also be argued that said institution should be credited with being the source of what usurped my calm in the first place.

           Being from the United States, the phrase Veterans of Foreign Wars seems kind of redundant to me.  We only do foreign wars, unless, of course, you count the ongoing civil war, consisting of things like stop and frisk, immigration law, gun rights, and the war on drugs, cleverly disguised as governmental protections.  I’m not much into holidays, and I must admit most years Veteran’s Day comes and goes without me even noticing.  Since leaving State, however, I acknowledge Veteran’s Day by giving a shout out to my Department of State brethren who, more often than not, are dodging metaphorical bullets, not literal ones but who are also on the frontlines, putting themselves and their families in harm’s way for their country.  Armed with the power of persuasion, they’re charged with dealing with the aftermath of Iraq, Afghanistan, Syria, and the annexation of Eastern Ukraine, Donald Trump—with words, not weapons.  What would happen if we invested more in that front instead of the most current military one? Though not always lobbying for policies I believe in, it’s a process that has merit.  Diplomacy is worth working on, especially in light of the alternatives. My relationship with the Department of State gives new meaning to the phrase “it’s complicated,” but even if it’s just for one day, I’d like to put complications aside in order to take this Veteran’s Day to honor my kin, past and present, in the Foreign Service. Thank you for your time, your commitment, your selflessness, and optimism.

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Investing in hotels, private transportation or indulging in yachts and cruises are a well-known tactic to enhance a lifestyle, but in recent years, wealthy individuals are investing in second citizenship or residency as an added security.

A recent study revealed that nearly 89% of citizens would like to have a second nationality and passport. In contrast, over 40% of them had investigated and looked for options to invest in second citizenship at some point in their lives.

Luckily, for those who can afford it, some European countries offer citizenship and residency by investment programs. With a substantial investment in real estate, government bonds or donation, investors can obtain a second passport or Golden Visa.

Jeremy Savory, CEO and founder of Savory & Partners, British Consultancy Firm that specializes in Second Citizenship and residency by investment programs, says: “The motivations for seeking a second citizenship, are as diverse and varied as Savory & Partners’ clients. Ranging from a desire to avoid difficult and often painfully long visa application processes to a desire for the peace and stability that often eludes many countries”.

Indeed, having second citizenship in a European country is becoming more than just obtaining a passport. There are advantages towards using European citizenship ranging from education opportunities in prestigious universities, improved tax planning, quick access to medical treatment, to registering assets or even opening bank accounts in Europe.

The truth is that people around the world, and especially in the Middle East, are increasingly looking for second citizenship in Europe; to protect their assets and, more importantly, ensure a safe and prosperous future for themselves and their families.

Related Article: Best Citizenship by Investment Programs for 2020

Meanwhile, others choose to apply for residency by investment programs, commonly known as “Golden Visa” programs — which are often a more affordable way to enjoy the benefits that come along with living in another country.

When it comes to deciding where to apply for Citizenship by Investment in Europe, there are undoubtedly many subjects that must be considered before taking the first step.

Governments usually run several citizenship programs, so we put together a list of European programs where you can obtain citizenship and passport through investing.

Here is a list of four European countries where you can make an investment in exchange for a second passport.

1. Montenegro Citizenship by Investment Program - From €350,000

Montenegro welcomes investors who are interested in obtaining European Citizenship and passport through the Montenegrin Citizenship by Investment Program (CIP), which officially started taking applications in late 2019. Currently, the country’s CIP has a limit of 2,000 applications.

Montenegro citizenship and passport can be obtained through two different investment options:

A real estate investment of at least €250,000 in a government-approved project in underdeveloped regions of Montenegro. A nonrefundable contribution of €100,000 to the government development fund is also required.

A real estate investment of at least €450,000 in a government-approved project in developed regions of Montenegro. A nonrefundable contribution of €100,000 to the government development fund is also required.

There are additional government and professional fees that apply to both options.

Benefits of Montenegrin Citizenship

Visa-free and visa-on-arrival to 120+ countries including the Schengen states, Singapore and the United Arab Emirates.

There are no taxes on worldwide income, capital gains, gift, wealth and inheritance.

No need to renounce your current citizenship(s), therefore benefiting from all nationalities.

2. Malta Citizenship by Investment Program - From €1,150,000

Having a Malta passport and dual citizenship benefits your future generations with increased political and economic freedom, as well as significant educational and job opportunities in the European Union.

The Malta citizenship by investment program includes three financial requirements:

A contribution to the development of Malta.

Purchase of stocks/bonds.

A property transaction (property rental or property purchase).

There also are compulsory background checks payable to the Government preferred due diligence agency that will use Interpol, World-Check and other Government agencies to screen applicants based on their application.

Legal and professional fees also apply.

Benefits of Maltese Citizenship

Visa-free and visa-on-arrival travel to 166+ countries including the UK, Schengen and Canada.

Schengen Residence Status for 1 year prior to the issue of passport, issued on application.

EU citizenship gives right of establishment in all 28 EU countries and Switzerland.

Access to state of the art healthcare and education.

3. Cyprus Citizenship by Investment Program - From €2,150,000

Successful applicants to Cypriot citizenship by investment program become citizens of the European Union (EU) automatically, and they are entitled to security and protection by European Union Consulates around the world.

To apply for this program, investors are required to make a contribution to the “Research Promotion Foundation” (RPF) - a contribution to the “Cyprus Land Development Corporation” (CLDC) - and purchase a residential property in the country; government and professional fees apply as well.

Benefits of Cypriot Citizenship

Visa-free and visa-on-arrival travel the Cypriot passport allows for visa-free travel to 157 countries worldwide including the EU, UK and Canada.

Freedom to study in schools or universities across the EU for free or at discounted rates exclusive for EU nationals.

Unrestricted right to live and work in Europe with access to state of the art healthcare.

Fast-track procedure allowing for European Citizenship in 6 to 8 months.

4. Turkey Citizenship by Investment Program - From $250,000 

You probably didn't know this, but part of Turkey is located in Europe. The country stretches from Eastern Europe to Western Asia, with cultural connections to the ancient Greek, Persian, Roman, Byzantine, and Ottoman empires.

Its capital city Istanbul is the only city built on two continents. This ancient city is mostly located on the Asian continent. Still, a few percentages of the total city area is also found in Europe, which makes it unparalleled since it's built on two continents.

Turkey’s Citizenship by Investment Program, which was amended in September 2018 to lower the thresholds, offers real estate investment as an option to qualify for Turkish citizenship and passport.

The citizenship program is comprised of three stages:

1. Purchase of real estate 2. Acquiring a residence permit 3. Receiving passports

Also, other costs need to be covered, such as government and professional fees.

Benefits of Turkish Citizenship

Visa-free and visa-on-arrival travel to 110+ countries, including Hong Kong and Singapore.

Lifetime Citizenship which is passed down to future generations of family and children.

No need to renounce your current citizenship(s), therefore you can benefit from other nationalities you may have.

No residency requirements, you are entitled to apply immediately.

Over the past years, Savory & Partners has accompanied and assisted hundreds of families across the Middle East in securing their European citizenship and passport.

Book your FREE consultation to learn how Savory & Partners can help you secure your future and the future of your family with a second nationality and passport, or please get in touch with us, call us or send us a WhatsApp message to +971 54 440 2955.