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571. Russians pile into property in Istanbul and Dubai to shelter from sanctions

Wealthy Russians are pouring money into real estate in Turkey and the United Arab Emirates, seeking a financial haven in the wake of Moscow's invasion of Ukraine and Western sanctions, according to many property companies....

572. Major projects underway in Larnaca, Nicosia

The Cyprus real estate and construction sectors are moving past the demise of the scrapped Citizenship for Investment Programme, turning their attention to the capital and the once-neglected coastal town of Larnaca, while Limassol, with its high-rises and cosmopolitan lifestyle, is still seeing part of the action....

573. Op-ed: 'The world needs to come clean about dirty money'

On a spring ski break in Colorado last week, I found the town of Aspen buzzing with talk about Roman Abramovich. While the Russian oligarch has rarely been seen in the resort in recent years,...

574. Ukraine crisis stains church elections in Cyprus

A Cypriot theologian has blown the lid off the game of thrones in archbishopric elections on the island, suggesting anti-Russia agenda is behind efforts to take the vote away from believers who might favor a pro-Moscow candidate in order to task the Holy Synod with naming the winner...

575. New Russian asset tracker platform launched by non-profit

A nonprofit reporting network launched on Monday the Russian Asset Tracker, a database to track the assets of prominent Russians who have links to Vladimir Putin....

576. Consulco hosted the digital event ''UK Economy and Real Estate Outlook''

Consulco has successfully hosted the UK Economy and Real Estate Outlook event, along with four leading organization that have provided insights on the pressures the UK is facing today and their impact on key property markets. ...

577. Where have wealthy Russians disappeared to?

It stretches into the Persian Gulf from Dubai. The man-made archipelago in the shape of a huge palm tree is full of luxury hotels, apartments and villas....

578. Roman Abramovich 'can't' pay Queen £10,000 rent he may owe for £107m mansion

Chelsea owner Roman Abramovich can't pay the Queen the £10,000 rent he may owe for the land his £107million mega-mansion sits on....

579. Squatters occupy Russian oligarch's London mansion

Squatters have occupied the London mansion suspected of belonging to Russian billionaire Oleg Deripaska, who was placed on Britain's sanctions list last week, unfurling a Ukrainian flag and a banner saying 'This property has been liberated'....

580. UK freezes assets of Roman Abramovich and 6 other oligarchs, banned from travel

Roman Abramovich is among seven oligarchs to be hit with an asset freeze and travel bans under brutal new UK sanctions unveiled today....

581. Italy seizes oligarchs' villas and yachts to put pressure on Russia

Italian police have seized villas and yachts worth 143 million euros ($156 million) from five high-profile Russians who were placed on sanctions lists following Moscow's attack on Ukraine, the government said on Saturday....

582. 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....

583. Police probe water theft in Chloraka’s refugee complex

A man has been arrested in Paphos after the local council in Chloraka filed a complaint for illegal tapping of water supply at a controversial apartment complex where hundreds of refugees have been asked to leave...

584. Doctor kicked out of GESY over fictitious charges

Prosecutors in Cyprus are moving forward with a case against a GESY doctor suspected of health insurance fraud, after officials found he had been racking up false claims for medically unnecessary injections...

585. Greek Cypriots in last ditch effort to 'save Varosha'

The foreign minister of the Republic of Cyprus says a proposal to lift international embargos on Ercan airport in the north is “the only way to save Varosha” for Greek Cypriots, but it may be too little too late for the seasoned diplomat as Turkish Cypriots say the ghost town is now off the table...

586. Pandemic to ‘spell end of tax privileges for billionaires’

Thomas Piketty is one of the most famous economists in the world. His weighty tomes on inequality and its dangerous consequences for global capitalism have been widely praised by other stars of the dismal science, like Paul Krugman and Robert Solow. ...

587. Greek Cypriots fear Trojan horse in ghost town

Greek Cypriot officials in the south are calling once again on Varosha title deed holders to stay away from a “legal trap” in the north, pointing to Ottoman religious foundations officially acknowledged as interested parties by a commission that examines property claims in the divided island’s ghost town...

588. Security Council renews UNFICYP but scolds both sides

The Security Council on Thursday renewed the mandate for the United Nations Peacekeeping Force in Cyprus for another six months, but not without causing angst in both sides of the divided island...

589. Expert worried as Chloraka stoked about breakwaters

Local officials in Chloraka are stoked about tourism potential following a deal to install breakwater structures, but a coastal engineer is raising safety concerns for the project in Paphos’ western town that has been occupying the headlines recently over refugee management...

590. Tatar: A campaign to recognize the pseudo-state

591. State issues ultimatum in Chloraka refugee standstill

Paphos officials are seeking ways to convince asylum seekers at a controversial studio complex in Chloraka to move out, with reports saying residents have been told they would lose their refugee assistance unless they agree by the end of the month to relocate at a migrant facility...

592. Water wars see light of day as Chloraka deadline expires

Syrian refugees at Chloraka’s controversial studio complex under orders to shut down are calling on authorities to reconnect water supply until a court of law resolves a financial dispute between the local council and the owners, who say cuts on the property have been going on for years...

593. EY presents Cyprus Tax Facts 2022 guide

EY Cyprus is pleased to share the latest Cyprus Tax Facts guide – in English – which provides a straight-forward, holistic summary of the Cyprus tax system, based on current legislation and tax practices, in relation to the fiscal year 2022....

594. Man in custody escapes through jail window

A man is wanted by police after he reportedly escaped from jail in Nicosia, following his arrest on misdemeanor charges and reportedly making threats against a priest in Famagusta district...

595. The moment the earthquake struck Cyprus - video

Security cameras in a Paphos supermarket captured the moment a 6.1 magnitude earthquake struck Cyprus early this morning. ...

596. 'Health care is a moral obligation': Pope Francis backs global Covid vaccination programmes

Pope Francis declared today that getting vaccinated against the coronavirus is a 'moral obligation' and denounced how people had been swayed by 'baseless information' to refuse jabs....

597. Rising anger with Turkey drives calls for reunification in crisis-hit northern Cyprus

In his sun-filled office in north Nicosia, Şener Elcil is plotting his next protest. Anger, he says, is in the air in Turkish-occupied northern Cyprus....

598. Riot police move in after Chloraka brawl

Police officers in plain clothes fired warning shots on Tuesday night in Chloraka, where a fight broke out near a controversial apartment complex that is reportedly under orders to close down...

599. Cyprus police evict asylum seekers on New Year’s Eve

Law enforcement officers in the Republic of Cyprus extracted 60 asylum seekers from their place of residence on Friday and transported them to a deportation facility during an operation to enforce an eviction notice from last week...

600. USA: 'Serial killer' disclosed murders in a series of novels

The man who killed five people before being shot dead by police in Colorado on Monday had announced the crimes and named some of his victims in a series of science fiction novels he wrote, according to police and US media....