https://knews.kathimerini.com.cy/en/business/eba-tightens-its-grip-in-response-to-sanctions
Following the uproar caused by the lists of sanctions issued by the US, UK, and European authorities, the European Banking Authority (EBA) is tightening its standards in response. ...
https://knews.kathimerini.com.cy/en/news/british-cypriot-forex-boss-found-guilty-of-fraud
A jury in a London court has found a forex trader of Cypriot origin guilty of fraud....
https://knews.kathimerini.com.cy/en/news/in-search-of-an-energy-strategy
After President Christodoulides' visit to Israel and his meeting with Netanyahu, two key issues have emerged regarding Nicosia's energy strategy:...
https://knews.kathimerini.com.cy/en/business/2-may-newsletter-of-k-treppides-co-ltd-cysec
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/cabinet-decides-to-take-away-jho-low-s-passport
The President’s Cabinet in the Republic of Cyprus decided on Thursday to revoke Jho Low’s Cypriot citizenship after gathering information from Interpol to argue against the Malaysian financier’s appeal to keep his citizenship...
https://knews.kathimerini.com.cy/en/news/cyprus-wants-israelis-to-stop-venturing-into-island-s-north
Cypriot President Nikos Christodoulides raised during a visit to Jerusalem the issue of Israeli tourists and investors in the ethnically-split island’s northern part, amid reports that anti-Russian sanctions imposed by Nicosia were having a ripple effect on the local economy...
https://knews.kathimerini.com.cy/en/business/new-sanctions-list-expected-by-the-end-of-may
The episode with the sanctions imposed by the United States and Britain on natural and legal persons that include Cypriot names is expected to continue....
https://knews.kathimerini.com.cy/en/business/attica-s-real-estate-market-delivers-126-returns-in-last-5-years
The housing market has recently evolved into one of the most profitable investments, with a return of up to 126% during the last five years (2017-2022)....
https://knews.kathimerini.com.cy/en/news/turkish-cypriot-entrepreneur-purchases-hotels-in-closed-famagusta
Yeni Bakis reported today that a Turkish Cypriot entrepreneur claims to have purchased three hotels and two floors of apartment buildings from their Greek Cypriot proprietors in the closed Famagusta. ...
https://knews.kathimerini.com.cy/en/news/us-congress-members-sold-bank-shares-amidst-banking-crisis-fears
On March 10, as fears were swirling over the health of the nation’s banks, an investment account belonging to the children of Rep. Jared Moskowitz, D-Fla., sold shares of Seacoast Banking Corp. worth $65,000 to $150,000....
https://knews.kathimerini.com.cy/en/news/cypriot-fund-facing-mighty-resistance-in-lukoil-deal
Efforts to dispel US concerns over suspected Russian influence in a Cypriot fund buying a Lukoil plant in Sicily may be gaining traction with Italian officials, with reports suggesting American resistance may be losing ground after a crucial meeting last week...
https://knews.kathimerini.com.cy/en/business/prem-watsa-greek-banks-are-safer
Greece has entered a virtuous cycle of growth, and the next few years will be especially beneficial to the economy and Greeks if political stability is maintained and business-friendly policies are implemented....
https://knews.kathimerini.com.cy/en/news/partnership-between-new-york-times-and-kathimerini-turns-25
Aristides Alafouzos, the late owner of Kathimerini, loved challenges. In 1988, a critical period for the Greek press, he bought Kathimerini, ensuring that the prestige and integrity of this historic newspaper would be preserved. ...
https://knews.kathimerini.com.cy/en/comment/opinion/real-estate-trends-in-2023
Increased inflation, rising interest rates, rising building costs, rising property values, a slight decline in new development approvals, a slight decline to stabilization in the unemployment rate, a slight increase in GDP, and a slight decline in private lending are just a few indicators of the (very) general economic picture....
https://knews.kathimerini.com.cy/en/news/cyprus-land-development-received-11-1-million-from-the-passport-program
The Cyprus Investment Program, also known as the passport program, brought in €11.17 million for the Cyprus Land Development Corporation between 2019 and 2022....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-at-the-crossroads
South African citizens/voters had two choices in deciding their country's future in 1990. The first option was to maintain the status quo, which would have resulted in a major civil war that would have destroyed the country and resulted in many deaths....
https://knews.kathimerini.com.cy/en/news/elections-unlikely-to-draw-a-clear-winner-this-sunday
Cypriots vote on Sunday in a presidential election that has split the political right and is unlikely to produce a clear winner, setting the stage for a runoff on Feb. 12....
https://knews.kathimerini.com.cy/en/business/paphos-over-15-million-euros-in-foreign-investment-in-2022
According to the Paphos Chamber of Commerce and Industry, foreign investment in the city has surpassed €15 million.
...
https://knews.kathimerini.com.cy/en/comment/opinion/looking-ahead-to-2023-house-prices-in-cyprus
The end of 2021 saw Europe’s and Cyprus’ economies gradually recovering from the two-year rollercoaster ride of lockdowns, the stock market at record highs, and inflation increasing....
https://knews.kathimerini.com.cy/en/comment/opinion/november-s-real-estate-performance
The year is almost over, and we now have a good idea of how the real estate market performed in 2022. As we all know, the difficulties were and continue to be numerous....
https://knews.kathimerini.com.cy/en/news/lawyer-andreas-pittadjis-denies-all-charges-in-golden-passport-trial
Based on the findings of the Nicolatos Committee, the four defendants in the criminal case involving Al Jazeera news network reporting and the events surrounding the naturalization of foreign investors and businessmen were brought before the Nicosia Permanent Criminal Court....
https://knews.kathimerini.com.cy/en/news/ag-files-appeal-against-acquittal-in-first-golden-passport-trial
The Attorney General of the Republic filed an appeal on Friday against the acquittal decision of the Larnaca Permanent Criminal Court, issued on November 4, 2022, in connection with a case involving the exceptional naturalization of foreign investors and businessmen....
https://knews.kathimerini.com.cy/en/business/ey-holds-cyprus-attractiveness-forum-investment-realized-a-reference-point-for-fdi-in-cyprus
The Cyprus Attractiveness Forum: Investment Realized, organized by EY in collaboration with the Cyprus Chamber of Commerce and Industry, took place on Tuesday, October 25th at the Parklane Hotel, in Limassol. ...
https://knews.kathimerini.com.cy/en/business/cyprus-has-come-a-long-way-in-restoring-reputation-over-anti-money-laundering-issues
The Republic of Cyprus has come a long way in dealing with anti-corruption and Anti-money laundering (AML) issues, making important strides in restoring the Republic of Cyprus’ reputation, said US Ambassador to Cyprus, Judith Garber speaking on Tuesday at EY’s Cyprus Attractiveness Forum....
https://knews.kathimerini.com.cy/en/news/foreign-professionals-can-now-obtain-visas-digitally
Deputy Minister of Innovation Kyriakos Kokkinos addressed the challenges that professionals and large technology companies face in bringing staff to Cyprus. Speaking at the Economist conference in Nicosia, he stated that the effort to digitize the visa process for foreign professionals will be completed within the next 4-6 months....
https://knews.kathimerini.com.cy/en/news/evidence-from-defendants-computers-and-phones-excluded-from-trial
Following the Supreme Court's decision to overturn the court order to search Christakis Tziovanis and Antonis Antoniou's telecommunications data, an important development has occurred in the Al Jazeera case....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-cyprus-is-bursting-like-a-fat-guy-out-of-his-leotard
Cyprus’ changing demographics are causing havoc to the real estate market, accentuating socio-economic imbalances and creating polarised communities. A bit dramatic? Let’s see....
https://knews.kathimerini.com.cy/en/news/americans-show-more-interest-in-greece-s-golden-visa-program
Americans’ interest in Greece’s Golden Visa program has marked a significant increase recently, according to the latest report of real estate experts Berkshire Hathaway HomeServices....
https://knews.kathimerini.com.cy/en/business/ey-cyprus-to-present-findings-of-2nd-ey-attractiveness-survey-at-cyprus-attractiveness-forum-investment-realized-on-25-october
EY Cyprus is proud to present the findings of the second edition of the EY Attractiveness Survey Cyprus 2022, during its flagship event, Cyprus Attractiveness Forum: Investment Realized 2022 on 25 October 2022 at Parklane Hotel, Limassol....
https://knews.kathimerini.com.cy/en/news/spain-gave-golden-visa-to-former-mexican-president-being-investigated-for-corruption
The Spanish authorities have finally confirmed that the former Mexican President Enrique Peña Nieto, who is being investigated by Mexico’s attorney general’s office for alleged money laundering, illicit enrichment, and illegal international transfers, is a legal resident of the country....
