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12° Nicosia,
07 February, 2025
 

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Displaying results 1-30 of 256 matches for query foreign investor.

1. Cyprus vs. bureaucracy: Can the red tape finally be cut?

https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-vs-bureaucracy-can-the-red-tape-finally-be-cut

For years, bureaucracy has been a major roadblock for businesses in Cyprus. ...

2. Cyprus’ housing is in crisis as foreign buyers take over the market

https://knews.kathimerini.com.cy/en/news/cyprus-housing-is-in-crisis-as-foreign-buyers-take-over-the-market

As housing becomes an increasingly pressing issue for the majority of Cypriots, Parliament is opening up a debate on the surge in real estate purchases by third-country nationals....

3. 100% tax on foreign buyers in Spain

https://knews.kathimerini.com.cy/en/news/100-tax-on-foreign-buyers-in-spain

Spain’s Prime Minister Pedro Sanchez has proposed bold measures to address the country’s housing crisis, including a 100% tax on homes purchased by non-EU foreigners....

4. Mohamed Salem case: Acquitted on naturalisation charges

https://knews.kathimerini.com.cy/en/news/mohamed-salem-case-acquitted-on-naturalisation-charges

The Supreme Court on Thursday acquitted most of the defendants in a case involving irregularities in the Cyprus Investment Programme (CIP) related to the naturalisation of investor Mohamed Salem and his family....

5. Greece cracks down on Airbnb rentals

https://knews.kathimerini.com.cy/en/news/greece-cracks-down-on-airbnb-rentals

In a bold step to address its worsening housing crisis, Greece has introduced sweeping legislation to clamp down on short-term rentals listed on platforms like Airbnb. ...

6. Greek investor set to acquire Superhome Center in Cyprus

https://knews.kathimerini.com.cy/en/business/greek-investor-set-to-acquire-superhome-center-in-cyprus

The sale of Superhome Center DIY LTD to a Greek investor is moving forward, with the final deal expected to be concluded in the coming weeks....

7. Government and Larnaca reach agreement on port and marina development

https://knews.kathimerini.com.cy/en/business/government-and-larnaca-reach-agreement-on-port-and-marina-development

An agreement has been reached between the government and Larnaca stakeholders regarding the future development of the city’s port and marina,...

8. Tatar courts German investors while rejecting a united Cyprus

https://knews.kathimerini.com.cy/en/news/tatar-courts-german-investors-while-rejecting-a-united-cyprus

In a bid to boost the economy of the self-declared Turkish Cypriot state, Ersin Tatar is calling on international investors, particularly from Germany, to explore opportunities in the occupied territories....

9. Affordability, Urbanization, and Sustainability: How Real Estate in Cyprus, Greece, and Romania Will Evolve by 2029

https://knews.kathimerini.com.cy/en/comment/opinion/affordability-urbanization-and-sustainability-how-real-estate-in-cyprus-greece-and-romania-will-evolve-by-2029

The next five years will redefine the real estate markets of Cyprus, Greece, and Romania....

10.  Debate intensifies over proposed 5% tax on bank profits in Cyprus

https://knews.kathimerini.com.cy/en/news/debate-intensifies-over-proposed-5-tax-on-bank-profits-in-cyprus

According to a report by Panayiotis Rougalas in today's 'Oikonomiki', a controversial proposal to introduce a 5% tax on bank profits in Cyprus is racing against time to be debated in Parliament before the Christmas recess....

11. Cyprus receives major credit rating boost from Moody’s

https://knews.kathimerini.com.cy/en/business/cyprus-receives-major-credit-rating-boost-from-moody-s

Last Friday, Moody’s delivered a major endorsement of Cyprus’ economic progress, upgrading its credit rating by two notches, from Baa2 to A3, with a stable outlook, according to a report by Panayiotis Rougalas. ...

12. 200 foreign companies and 1,200 new jobs in Cyprus in six months

https://knews.kathimerini.com.cy/en/business/200-foreign-companies-and-1-200-new-jobs-in-cyprus-in-six-months

Cyprus is experiencing a surge in foreign investment, with approximately 200 international companies establishing operations in the country during the first half of the year. ...

13. Paphos FC owner among 77 investors stripped of ''golden passports''

https://knews.kathimerini.com.cy/en/business/paphos-fc-owner-among-77-investors-stripped-of-golden-passports

Sergey Lomakin, owner of Paphos FC, is among 77 foreign investors whose Cypriot citizenship, obtained through the controversial "golden passport" scheme, has been revoked by the Council of Ministers....

14. DBRS Morningstar: Cyprus shows strong recovery in tackling bad loans

https://knews.kathimerini.com.cy/en/news/dbrs-morningstar-cyprus-shows-strong-recovery-in-tackling-bad-loans

Cyprus is starting to see some positive shifts in its financial sector, particularly when it comes to tackling non-performing loans (NPLs) – loans that borrowers have stopped paying. ...

15. BOC finalizes sale of troubled loans to boost stability and growth

https://knews.kathimerini.com.cy/en/news/boc-finalizes-sale-of-troubled-loans-to-boost-stability-and-growth

In September 2024, the Bank of Cyprus reached a deal with funds linked to Cerberus Global Investments B.V. to sell a portfolio of non-performing loans—primarily business loans backed by collateral. ...

16. TechIsland, Invest Cyprus team up to attract global tech investment

https://knews.kathimerini.com.cy/en/business/techisland-invest-cyprus-team-up-to-attract-global-tech-investment

In a move expected to enhance Cyprus’s appeal as a tech hub, TechIsland has signed an agreement with Invest Cyprus to attract more foreign investors, with a particular focus on the technology sector....

17. Cyprus government revisits foreign investment control amid hospital takeovers

https://knews.kathimerini.com.cy/en/business/cyprus-government-revisits-foreign-investment-control-amid-hospital-takeovers

The foreign investment control (FDI) bill, often referred to as the ''Lonestar'' bill, has resurfaced in Cyprus, prompting fresh discussions about foreign ownership of critical sectors, according to a report by Panayiotis Rougalas in this Sunday's Kathimerini. ...

18. Cyprus gains investor confidence as economic reforms and US ties bolster growth

https://knews.kathimerini.com.cy/en/news/cyprus-gains-investor-confidence-as-economic-reforms-us-ties-bolster-growth

International investors have shown sustained confidence in Cyprus’ economy and business ecosystem, recognizing the country as a stabilizing force in the region......

19. New EU rules open Cyprus's troubled loan market to foreign investors

https://knews.kathimerini.com.cy/en/news/new-eu-rules-open-cyprus-s-troubled-loan-market-to-foreign-investors

In a move that could reshape Cyprus's financial landscape, Parliament recently passed a European Directive that makes it easier for foreign investors to buy non-performing loans (NPLs) in the country....

20. Cypriot banks sending loans abroad: A growing risk?

https://knews.kathimerini.com.cy/en/comment/opinion/cypriot-banks-sending-loans-abroad-a-growing-risk

Yesterday, I had a conversation with someone who truly understands banking—probably more knowledgeable than many who think they do....

21. ECB to review AKEL’s proposed bank tax amid financial concerns

https://knews.kathimerini.com.cy/en/news/ecb-to-review-akel-s-proposed-bank-tax-amid-financial-concerns

The European Central Bank (ECB) is set to evaluate a proposed "windfall tax" on banks, commonly associated with the leftist political party AKEL, in Cyprus. ...

22. Cyprus credit rating upgrade: A boon for investors, but what about citizens?

https://knews.kathimerini.com.cy/en/business/cyprus-credit-rating-upgrade-a-boon-for-investors-but-what-about-citizens

Cyprus has recently received good news from the credit rating agency Capital Intelligence (CI), which upgraded the country’s credit ratings, according to Kathimerinni's Dorita Yiannakou. ...

23. Marios Demetriades: ''Truth and justice always prevail''

https://knews.kathimerini.com.cy/en/news/marios-demtriades-truth-and-justice-always-prevail

A lawsuit related to naturalizations under the Cyprus Investment Programme was filed on Friday at the Nicosia District Court, with former Minister of Transport, Communications, and Works, Marios Demetriades, among the defendants....

24. Cypriot and foreign investors keen on Larnaca's €30M Marina project

https://knews.kathimerini.com.cy/en/news/cypriot-and-foreign-investors-keen-on-larnaca-s-€30m-marina-project

Transport Minister Alexis Vafeadis announced significant interest from both Cypriot and foreign investors in the development of the Larnaca marina and port....

25. ECB concerned over Cypriot bank profit tax proposal

https://knews.kathimerini.com.cy/en/news/ecb-concerned-over-cypriot-bank-profit-tax-proposal

In 2023, Cypriot banks reported unprecedented profits, marking a 15-year high, with projections suggesting even greater earnings in 2024....

26. CBC chief warns: Tax on big profits could hurt economy

https://knews.kathimerini.com.cy/en/business/cbc-chief-warns-tax-on-big-profits-could-hurt-economy

The new Governor of the Central Bank of Cyprus (CBC), Christodoulos Patsalides, expressed opposition to a windfall profits tax, which is a tax imposed by governments on companies that have experienced unexpectedly large profits,...

27. Eurobank's 'egg - enter grow go' wins top EBAN award for 2024

https://knews.kathimerini.com.cy/en/business/eurobank-s-egg-enter-grow-go-wins-top-eban-award-for-2024

egg - enter grow go, Eurobank's business accelerator, has been awarded the prestigious distinction of Best Performing New EBAN Member 2024......

28. Vafeades confirms Qatar’s interest in Larnaca Marina development

https://knews.kathimerini.com.cy/en/news/vafeades-confirms-qatar-s-interest-in-larnaca-marina-development

Transport Minister Alexis Vafeades announced on Thursday that Qatar and other international investors have shown interest in the development of Larnaca Port and Marina. ...

29. Invest Cyprus takes strides to boost investments on the island

https://knews.kathimerini.com.cy/en/news/invest-cyprus-takes-strides-to-boost-investments-on-the-island

Invest Cyprus, the national Investment Promotion Authority has been fervently working to position Cyprus as an appealing investment and business hub, ...

30. Chestertons Global launches in Cyprus

https://knews.kathimerini.com.cy/en/news/chestertons-global-launches-in-cyprus

Leading international real estate firm, Chestertons Global, has announced its expansion into the Cyprus property market with the launch of Chestertons Cyprus Residential. ...

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