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121. New evidence in Cyprus Papers passport scandal shows photos and faxes pointing to political interference

Testimony continued Tuesday in the high-profile case sparked by Al Jazeera’s 2020 Cyprus Papers investigation, with a police sergeant detailing evidence suggesting political interference and irregularities in the naturalization of foreign investors....

122. May 8th is World Red Cross and Red Crescent Day

May 8th marks a significant day for the International Red Cross and Red Crescent Movement, celebrating the dedication of millions of volunteers who selflessly provide aid in times of crisis....

123. Education Ministry slammed for millions spent and cut corners in dodgy deals

A deep dive by Cyprus’ Auditor General has uncovered a troubling pattern in how the Ministry of Education, Sport and Youth has been handling public project contracts, and the red flags go back nearly a decade....

124. Transport Ministry to relaunch electric car grants after public backlash

The Cypriot government is preparing new grant schemes to support the purchase of electric cars, following criticism over its recent decision to scale back an earlier subsidy program due to low uptake....

125. Cypriots eye business opportunities, but fear of failure still looms

A growing number of Cypriots believe the island is ripe for starting a business—but fear of failure is still holding many back, according to the National Report on Entrepreneurship in Cyprus 2023/2024, released Tuesday by the Centre for Entrepreneurship at the University of Cyprus....

126. Pensioner scammed out of €142K in online investment trap

A 77-year-old man in Cyprus has been left devastated after falling victim to a sophisticated online scam that cost him a staggering €142,000, police said on Friday....

127. Why electric vehicle grants are being put on hold

The Cyprus Ministry of Transport has reduced its electric vehicle (EV) grant allocation due to low demand, scaling back funding from €38 million to €32.8 million. ...

128. VAT challenges for Electronic Money Institutions

In the digital age, Electronic Money Institutions (EMIs) have become an integral part of the financial ecosystem, offering a range of services that facilitate digital transactions....

129. Thousands ignore traffic camera fines despite extension

Most drivers caught by traffic cameras in Cyprus are still not paying their fines, despite repeated warnings and an extension that gave them extra time to settle the penalties....

130. April Newsletter of K. Treppides & Co Ltd – 09/04/2025

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....

131. From summer hotspot to all-year hub

Cyprus has big dreams, and according to Christos Angelides, General Manager of the Pancyprian Hotel Association (PASYXE), it’s going to take grit, vision, and a lot of teamwork to turn the island into a top-tier, all-year-round destination. But the potential? It’s definitely there....

132. Petrolina supports the Cyprus Anti-Cancer Society with a contribution of €10,000

As part of the 50th Christodoula March, Petrolina continues its long-standing support for the Cyprus Anti-Cancer Society, strengthening its invaluable work with a contribution of €10,000....

133. Cyprus means business: Christodoulides wraps up high-stakes U.S. investment tour

Cyprus Means Business: Christodoulides Wraps Up High-Stakes U.S. Investment Tour Subtitle: ...

134. Human Rights Court voices concern over migrant treatment in Cyprus

Cyprus has come under increased scrutiny for its handling of migration, with the Auditor General's recent report shining a light on several serious issues despite efforts to reduce illegal arrivals. ...

135. March Newsletter of K. Treppides & Co Ltd – 27/03/2025

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....

136. Time’s up! Parliament rejects President’s push to scrap traffic light timers

Cypriot MPs on Thursday pushed back against President Nikos Christodoulides’ attempt to scrap a recently passed law that would have made countdown timers mandatory at traffic lights....

137. Audit exposes gaps in Health Ministry’s grant and payment systems

In a recent audit by the Auditor General on the Ministry of Health's activities for 2022 and 2023, a number of financial discrepancies and issues have come to light, particularly in the way grants were distributed and payments were handled. ...

138. Cyprus bets on students to revitalize Old Nicosia, but at what cost?

Once overshadowed by controversy over unregistered universities—a scandal that drew scrutiny from Brussels—Cyprus has quietly reinvented itself as a rising destination for students across Europe. ...

139. Cyprus faces water cuts this summer despite new government measures

Cyprus is bracing for a tough summer as the risk of water cuts remains high, despite new government measures aimed at tackling the ongoing water scarcity issue....

140. Businesses call for simpler, fairer tax reform in Cyprus

The Institute of Certified Public Accountants of Cyprus is raising concerns over Cyprus’ proposed tax reform, arguing that while the new framework aims to ease the tax burden on individuals and businesses, it remains overly complex. ...

141. Uncertainty surrounds Geneva talks on Cyprus issue

With uncertainty over whether this marks a genuine attempt at restarting talks or merely an effort to keep the prospect of reunification alive, President Nikos Christodoulides arrived in Geneva last night for the informal expanded conference. ...

142. Cyprus Government unveils plans to tackle housing crisis

Cypriots struggling with the growing housing crisis can breathe a little easier, thanks to new government measures aimed at making homes more affordable and accessible....

143. Gaza influencer accused of embezzling funds for hospital reconstruction

The Palestinian Health Ministry in Ramallah has accused Gazan influencer Saleh Al Jafarawi, also known as 'Mr. FAFO', of embezzling money meant for the reconstruction of Al-Nasr Children's Hospital....

144. Petrolina: A longstanding sponsor of the ''Love Route''

145. Consulco Welcomes Christoforos Kittenis as Director at London Credit

Consulco is proud to announce the addition of Christoforos Kittenis to the team as Director at London Credit, the UK-based lender of the Consulco Group....

146. Over €1.2 billion in Russian assets frozen in Cyprus amid ongoing sanctions

In Cyprus, over €1.2 billion worth of Russian assets have been frozen, as part of Europe's broader effort to block Russian assets amid ongoing sanctions. ...

147. Cyprus sees investment boom as foreign companies flock to the island

The investment scene in Cyprus is off to a strong start in 2025, with foreign investors showing increased enthusiasm for setting up businesses on the island....

148. Black Lives Matter mural demolished amid Republican pressure (VIDEO)

Construction crews began dismantling Black Lives Matter Plaza near the White House on Monday, March 10, following Republican threats to cut the city’s transportation funding unless the site was renamed....

149. Retired but still on payroll as doctor gets paid for 10 months after retiring

A retired public sector doctor continued receiving salary and benefits for nearly a year after leaving his post, collecting a total of €65,000 in state funds while working for a private clinic, a parliamentary committee revealed Tuesday....

150. The Cypriot billionaires behind the island's rise as a global business hub

Cyprus has quietly become a magnet for some of the world's wealthiest individuals, transforming the island into a hub for global business and investment. ...