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211. A tribute to Andreas Neocleous

Prominent lawyer, businessman and owner of the Cyprus Mail newspaper Andreas Neocleous died on Friday at the age of 82 after suffering from coronavirus....

212. Futuristic mega yacht back in Cyprus

The futuristic mega yacht owned by a Russian industrialist is drawing attention once again in Cyprus, with maritime maps showing the Sailing Yacht A anchored in Chrysochou Bay on Monday morning...

213. Outage highlights how vital Facebook has become worldwide

In Lima, Peru, the breakdown complicated dental technician Mary Mejia’s job. Like most Peruvian medical workers, she uses WhatsApp for a multitude of tasks, including scheduling appointments and ordering crowns....

214. Cyprus rolls out ‘jab discount’ for hotel stays

Lodging businesses in the Republic of Cyprus have until Friday to apply for a state subsidy that would partially fund hotel stays for vacationers who got the vaccine or the state has a record of their recovery from COVID...

215. 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...

216. Family businesses in Europe fared better in response to COVID-19

For businesses of all types, the first impact on the pandemic was felt on revenues. 64% of European family businesses reported initial revenue losses compared to 69% of family businesses globally, 25% managed to maintain their revenue levels, and 11% experienced increases...

217. KPMG and CIM offer 2 scholarships

KPMG in Cyprus and the Cyprus Institute of Marketing – The Cyprus Business School (CIM) offer for third consecutive year the opportunity to two fellow citizens to acquire an undergraduate or a postgraduate degree...

218. Grenade thrown at home of trial witness

Three young males have been arrested in connection with an investigation into a hand grenade attack against a Lakatamia residence, whose owner is a witness in the Alexoui case...

219. KPMG supports 'Adopt a Family for Easter'

Our Corporate Social Responsibility programme forms an integral part of our corporate philosophy around the world. As every year, we aim to implement specific actions with a substantial impact on our society, such as the support for socially vulnerable groups...

220. Cyprus hurries to clean up company registry

Energy Minister Natasa Pilides has called on business stakeholders in Cyprus to embrace a new effort of recording and updating true information about beneficiaries of companies, saying a new digital registry can bolster transparency on the island...

221. Cyprus takes next step with caution

The Cypriot government is moving ahead with further relaxation of measures against the pandemic, with the announcement coming two days after a Cabinet decision that was delayed due to high hospitalization rates but also reports that not all ministers were on the same page...

222. Cyprus awaits relaxation announcements as cases rise

The Health Ministry’s announcement of Tuesday’s coronavirus cases sounded the alarms, cutting short the restrained optimism that had prevailed thus far....

223. Government announces new housing schemes and incentives

New housing schemes and incentives with an emphasis on rural areas and young people were announced on Wednesday by the government....

224. Focus shifts to worsening Limassol epidemiological situation

The local epidemiological situation, and particularly the deteriorating conditions marking the Limassol district, were at the centre of discussions between the health minister Constantinos Ioannou, the government’s health advisory committee, and the contact tracing team on Monday....

225. President blames CIP failure on recklessness

Cyprus’ disgraced Citizenship by Investment Programme took a heavy toll after it was 'recklessly promoted' overseas, according to President Nicos Anastasiades, who testified on Tuesday before an independent committee, while telling reporters later that he would not revisit the matter until after probe findings are concluded...

226. Anastasiades takes the stand in passports probe

Cyprus’ citizenship by investment scheme will not be revived but other incentives will be given to attract investments, excluding citizenship, President Nicos Anastasiades said on Tuesday, following a 3-hour-long testimony before the investigative committee probing Cyprus’ nixed citizenship-by-investment scheme....

227. Folli Follie report unveils 17-year scam

The troubled Folli Follie company’s major shareholders, the Koutsolioutsos family, reaped the benefits of a well-orchestrated fraud scheme that lasted for at least 17 years, under the nose of the supervisory authorities, generating hundreds of millions of euros in profits, according to an audit report by PricewaterhouseCoopers. ...

228. 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...

229. New court culture coming to Cyprus

The president of the Cyprus Bar Association says justice reform is in the air in the Republic of Cyprus, after proposed rules on Civil Law Procedure were submitted on Thursday to the Supreme Court in hopes to introduce a new court culture on the island...

230. Elusive businessman with Cyprus ties pops up

The whereabouts of elusive Russian hedge fund manager German Lillevali, who was linked to a flurry of companies in Cyprus after he became a resident, are no longer a mystery after reports that he was detained in the US on an immigration violation but released due to overcrowding amid the coronavirus pandemic...

231. Emergency restriction measures on Nicosia, Limassol districts

Emergency restriction measures are to be imposed on the Nicosia and Limassol districts on Tuesday in response to the climbing figure of new coronavirus cases being detected, mainly at workplaces and after family gatherings....

232. Passport revocation inquiries move forward

Cypriot authorities have identified seven individuals or foreign investors who could potentially be stripped of their Cypriot citizenship, after an internal probe pointed to forged documents or misleading information during the golden passport application process...

233. 17 new cases, new restrictions in Larnaca, Famagusta

17 new coronavirus cases were detected on Friday, 14 of which through contact tracing....

234. Nine new cases detected on Thursday

Nine new coronavirus cases were detected on Thursday, when 2,893 tests were conducted, raising total known cases to 1,663....

235. UK, Swedish travel agents regaining confidence in Cyprus

Major travel agents from Britain and Sweden seem to be overcoming their reservations regarding the mandatory coronavirus test and are starting to bring tourists to Cyprus again, Transport Minister Yiannis Karousos said Friday, speaking before the Parliamentary Transport Committee....

236. Chief Justice scolds bench in Alexoui case

A dissenting opinion written by the Supreme Court president pointed to “errors of principle” on Thursday, after a new appeal to get Alexoui and Rudolf out of remanded custody based on new facts was struck down again...

237. Over half of EMEA private businesses expect revenue to decline

238. Apollo CEO investigated over Epstein ties

The CEO of Apollo Global Management, whose affiliates acquired billions of bad debt in Cyprus, is being investigated over alleged financial ties to Jeffrey Epstein...

239. European students in US breathe sigh of relief

Foreign students coming from Europe are exempt from a travel ban the United States imposed because of the coronavirus pandemic, the State Department told congressional offices on Thursday...

240. Two arrested in connection with Larnaca security guard murder

Police on Wednesday cuffed two local men aged 29 and 40 in connection with the murder of 29-year-old security guard Panayiotis “Valentinos” Kallistionis on the night of June 25 outside his parental home in Ormideia, Larnaca district....