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511. 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....

512. 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. ...

513. 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....

514. 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....

515. 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....

516. 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....

517. 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. ...

518. Cypriot banks to reduce costs

The President of the European Banking Authority speaks to "K"...

519. 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....

520. '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"....

521. 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''....

522. More than 330 current and former politicians identified as beneficiaries of secret accounts

A huge leak of financial documents published by several major news outlets on Sunday reportedly linked world leaders to secret wealth stockpiles, including King Abdullah of Jordan, Czech Prime Minister Andrzej Bremen and Prime Minister Andrei Bredo....

523. 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....

524. Another 85 million by February if Cyprus meets deadline of key reforms

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....

525. Philip's will: A 90 year secret

The will of Philip , Queen Elizabeth's deceased husband, will be sealed and will remain so for at least 90 years, a London court has ruled....

526. Students race for a place in London

Cypriot university students returning to London, or moving for the first time, are frustrated due to the lack of suitable and reasonably priced housing....

527. 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...

528. International Luxury Property and Residency Conference

529. Cyprus International Luxury Property and Residency Conference 2021

530. Jho Low wanted to be a Cypriot banker

A British investigative journalist told an audience in Nicosia that Cypriot-naturalized financier Jho Low had tried to use contacts with Kuwaitis to buy a bank on the island where the Malaysian fugitive could launder stolen money...

531. Cyprus’ passport committee issues final report

Over half of the golden passports approved by the President’s Cabinet in the Republic of Cyprus were illegal, a special committee has found, and it is now up to the attorney general to ascertain whether any ministers may have had fraudulent intent...

532. Consulco outperforms the London property market says MSCI.

The annual MSCI results are now available, and Consulco’s London commercial real estate portfolio outperformed the Greater London Retail property market by 5.9 % during 2020. ...

533. IMF: Withdrawal of support measures should be gradual

An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities from March 8–29, 2021 to discuss recent economic developments and policy priorities on the island. In an interview with Kathimerini Cyprus, IMF mission chief for Cyprus, Anita Tuladhar, said the longer the recovery period in sectors related to tourism, the greater the chance that permanent scars will remain in the economy of Cyprus. Tuladhar also noted the importance of state-sponsored programs to support the economy....

534. Property valuations and uncertainty clauses

Property appraisers in this country have had to deal with unprecedented events in the last seven to eight years that forced them to make use of the so-called 'uncertainty clauses' in their real estate estimates...

535. Emails from Cyprus connect dots on Jho Low

New information published by OCCRP suggests that Henley & Partners identified Jho Low as a high-risk client but worked with him anyway through a Cypriot company to get him a golden passport...

536. 15 law firms being audited for involvement in 'golden passports'

Interesting new details on the involvement of law firms in the island’s disgraced citizenship-by-investment programme were presented before the Investigative Committee by the head of the Cyprus Bar Association, Christos Clerides....

537. Cyprus remains an attractive investment destination

Cyprus remains an attractive investment destination, especially among established investors ...

538. Industrial/Logistics most attractive post COVID-19

Following the breakout of the COVID-19 pandemic, the Industrial/Logistics asset class has presently become the most attractive financing option for a majority of banks in Central & Eastern Europe, according to the results from the latest edition of KPMG’s Property Lending Barometer...

539. FinMin confirms Cyprus won’t reinstate ‘golden passports’ scheme

Finance minister Constantinos Petrides assured that the government will not be reinstating the Cyprus Investment Program (CIP), that was shut down after the shocking corruption revelations that emerged through an Al Jazeera investigation and the subsequent stark criticism by the European Commission. ...

540. Government ups rhetoric against auditor

The Cypriot government hinted over the weekend it might refer the auditor general to the Supreme Court over “indecent” behaviour, after the audit office published yet another damning report alleging offences in a Cabinet decision to grant investor passports to individuals linked to a casino project without meeting the criteria...