https://knews.kathimerini.com.cy/en/business/abramovich-gets-rid-of-real-estate-and-thinks-of-selling-chelsea
A Labor lawmaker told the British parliament yesterday that Roman Abramovich was rushing to sell his property in the United Kingdom to avoid possible financial sanctions....
https://knews.kathimerini.com.cy/en/business/cyprus-sees-increase-in-investment-funds
The number of investment funds in Cyprus recorded a new high in December 2021, reaching 257, with their total assets reaching 8.7404 billion euros, achieving a 2.4% increase, in comparison to September 2021, according to data published by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/business/cyprus-reaches-new-record-in-number-of-investment-funds-€8-74-billion-in-total-assets
The number of Investment Funds in Cyprus recorded a new high in December 2021, reaching 257, with their total assets reaching €8,740.4 million, achieving a 2.4% increase, in comparison to September 2021, according to data published by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/business/alpha-bank-group-sells-€2-4-billion-npl-and-real-estate-portfolio-in-cyprus
Alpha Services and Holdings S.A. (together with its subsidiaries) has reached an agreement with an affiliate of Cerberus Capital Management, L.P. for the sale of a portfolio of Cypriot non-performing loans and real estate properties of a total gross book value of 2.4 billion euro....
https://knews.kathimerini.com.cy/en/business/imf-forecasts-for-global-recovery-reduced-to-4-4-for-2022
"The world economy is entering 2022 weaker than previously expected," the International Monetary Fund said in a statement on economic forecasts for the new year. Pandemic, inflation and climate crisis will determine global growth, according to a report by the International Monetary Fund (IMF)....
https://knews.kathimerini.com.cy/en/news/rental-prices-are-soaring-in-britain
Rents in the UK rose at a record rate last year and are expected to continue to rise in 2022, albeit at a slower pace, according to an analysis by Rightmove....
https://knews.kathimerini.com.cy/en/news/cypriot-judge-bails-chinese-duo-on-technicality
A mother and son from China facing extradition in Cyprus on investment fraud charges have been released on bail, with a Paphos judge allowing them to walk free citing prosecution paperwork delays...
https://knews.kathimerini.com.cy/en/news/tatar-a-campaign-to-recognize-the-pseudo-state
https://knews.kathimerini.com.cy/en/business/redevelopment-of-larnaca-port-and-marina-on-track-for-implementation-minister-says
The €1.2-billion project for the joint redevelopment of the Larnaca port and the Marina area is on track for implementation, Minister of Transport, Communications and Works, Yiannis Karousos, said on Wednesday....
https://knews.kathimerini.com.cy/en/news/extradition-case-in-cyprus-gets-political
Cyprus is in the middle of a politically-charged extradition battle where a mother and son wanted by Chinese authorities are getting support from an American organization backed by Donald Trump’s former advisor...
https://knews.kathimerini.com.cy/en/business/cyprus-economy-grew-by-5-7-in-2021-according-to-eurostat
The continued high rate of growth in the fourth quarter of 2021 confirms the resilience and dynamism showed by the Cypriot economy and the soundness of our policies, boosting expectations for further growth in 2022, Finance Minister Constantinos Petrides said on Tuesday....
https://knews.kathimerini.com.cy/en/news/ghislaine-maxwell-convicted-in-epstein-sex-abuse-case
The British socialite Ghislaine Maxwell was convicted Wednesday of luring teenage girls to be sexually abused by the American millionaire Jeffrey Epstein....
https://knews.kathimerini.com.cy/en/news/in-exodus-from-lebanon-the-well-off-find-new-home-in-cyprus
Many well-off Lebanese who escaped their country’s economic tailspin for a new life in the nearby island nation of Cyprus say the transition has been a whirlwind of emotions....
https://knews.kathimerini.com.cy/en/business/consulco-opens-its-limassol-office
Consulco the investment manager with offices in London, Dubai, Moscow and Nicosia established its newest office in Limassol. ...
https://knews.kathimerini.com.cy/en/comment/opinion/the-new-investment-game
Accelerating the transition to a green economy is a no-brainer. It is no coincidence that it accounts for 36.3% of the total budget of the Recovery and Sustainability Plan...
https://knews.kathimerini.com.cy/en/business/rics-cyprus-property-price-index-with-kpmg-in-cyprus-announces-results-of-q1-q3-2021
KPMG in Cyprus announces that the “RICS Cyprus Property Price Index with KPMG in Cyprus” has been issued for Q1 – Q3 of 2021....
https://knews.kathimerini.com.cy/en/comment/opinion/nicosia-s-beautiful-facelift
I will start with a prediction: The center of Nicosia will attract huge investments in real estate within the next five years....
https://knews.kathimerini.com.cy/en/business/the-technology-sector-can-become-the-new-mainstay-of-the-cypriot-economy
These are some of the key conclusions that emerged from the findings of a survey conducted last October by IMR/University of Nicosia™ on behalf of the non-profit organisation TechIsland. ...
https://knews.kathimerini.com.cy/en/life/japan-ikea-offers-a-10-square-meter-apartment-for-0-75-euros-per-month-video
Swedish furniture giant IKEA is joining the real estate market by renting out an apartment in Tokyo. The apartment, just 10 square meters, is being offered for a staggering rent of just 99 yen, or just 0.75 euros a month....
https://knews.kathimerini.com.cy/en/news/divorce-goes-digital-in-greece
In an effort to reduce bureaucracy in Greece, the government has begun moving more of its services online in order for citizens to save time and reduce red tape....
https://knews.kathimerini.com.cy/en/news/turkish-document-to-eu-justifies-opening-of-varosa
Ankara and the pseudo-state are jointly trying to stop the efforts to impose European measures against Turkey for Varosi....
https://knews.kathimerini.com.cy/en/life/first-female-chief-officer-of-the-british-bases
Clare Simpson is the first woman to assume the position of chief officer at the British Bases in Cyprus....
https://knews.kathimerini.com.cy/en/business/announcement-of-appointment-of-directors-senior-managers-in-k-treppides-co-ltd
The Management of K. Treppides & Co Ltd is committed to develop leaders who derive from own people and who pursue excellence in the provision of high quality specialised and unique services. ...
https://knews.kathimerini.com.cy/en/news/cypriot-banks-to-reduce-costs
The President of the European Banking Authority speaks to "K"...
https://knews.kathimerini.com.cy/en/comment/opinion/new-measures-to-attract-new-businesses-and-property-purchases
The day before yesterday, YPOIK announced a new support package aimed at attracting foreign companies to operate in Cyprus....
https://knews.kathimerini.com.cy/en/business/truth-social-trump-s-twitter-is-coming
Former United States President Donald Trump announced on Wednesday the launch of his own social networking site, christened "Truth Social"....
https://knews.kathimerini.com.cy/en/business/kpmg-in-cyprus-announces-partnership-with-rics
KPMG in Cyprus and RICS have signed a collaboration agreement for the provision of services for the issue of the quarterly ''RICS Cyprus Property Price Index, with KPMG in Cyprus''....
https://knews.kathimerini.com.cy/en/business/no-more-apologies-inside-facebook-s-push-to-defend-its-image
Mark Zuckerberg, Facebook’s chief executive, signed off last month on a new initiative code-named Project Amplify....
https://knews.kathimerini.com.cy/en/news/cyprus-must-meet-deadline-of-key-reforms-to-receive-the-next-85-million-from-the-eu
With the first 157m euros already paid in advance from the Cyprus Recovery and Resilience Fund, the country still has a long way to go to complete the reforms and investments required to unlock the next 85m euros which is due to be received in February 2022....
https://knews.kathimerini.com.cy/en/news/nicosia-reacts-to-new-al-jazeera-video
Nicosia has refuted allegations concerning a Cypriot minister and his trips to London, in reaction to an Al Jazeera secret investigation into how convicted criminals could take on new identities and launder money through ownership of English football clubs by deceiving authorities...