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12° Nicosia,
28 September, 2024
 

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Displaying results 1141-1170 of 1471 matches for query investment.

1141. AG announces makeup of new committee to probe passports scheme

https://knews.kathimerini.com.cy/en/news/ag-announces-makeup-of-new-committee-to-probe-passports-scheme

Attorney General George Savvides announced the members of the newly-established four-member committee tasked with probing the entire length of the Cyprus Investment Program, which was introduced in 2007....

1142. Cyprus to strip seven of citizenship granted through investment scheme

https://knews.kathimerini.com.cy/en/news/cyprus-to-strip-seven-of-citizenship-granted-through-investment-scheme

The Republic of Cyprus has begun the process of stripping seven people of Cypriot citizenship granted through the Cyprus Investment Program after a special committee found them in violation of current stricter criteria, President Nicos Anastasiades said in an interview with AFP on Friday. ...

1143. Politics turn ugly over Cyprus Papers

https://knews.kathimerini.com.cy/en/news/politics-turn-ugly-over-cyprus-papers

The main left party opposition in the Republic of Cyprus is firing back at the government, after reports emerged over threats and a confidential letter about Cypriot golden passports a decade earlier...

1144. New committee to probe entire length of Cyprus Investment Program

https://knews.kathimerini.com.cy/en/news/new-committee-to-probe-entire-length-of-cyprus-investment-program

The Cabinet on Thursday agreed to appoint an independent investigative committee to look into all passports granted through the Cyprus Investment Program from 2008 until July this year, when stricter rules were implemented....

1145. Cabinet throws ball in attorney general’s court

https://knews.kathimerini.com.cy/en/news/cabinet-throws-ball-in-attorney-general-s-court

Cypriot President Nicos Anastasiades is calling on the state’s attorney general to appoint yet another committee to probe golden passport applications to settle a dispute between the auditor general’s office and the interior ministry over the “Cyprus Papers”...

1146. Golden passports scheme to remain as is

https://knews.kathimerini.com.cy/en/comment/opinion/golden-passports-scheme-to-remain-as-is

The citizenship-by-investment program will not be terminated, nor will it be suspended for a short period as a way of managing the crisis developing crisis, the government decided during its Tuesday morning coffee at the Presidential Palace. What was strongly tabled was that a potential freezing or termination of the investment program at this point in time would send a message that the government is acting in light of the Al Jazeera publications, and that by extension, that it accepts them....

1147. Fierce battle over ‘Cyprus papers’

https://knews.kathimerini.com.cy/en/news/fierce-battle-over-‘cyprus-papers

A fierce battle over documents has began following Al Jazeera’s “Cyprus papers” on golden passports, with the audit office demanding to examine specific files and the interior ministry refusing to hand them over...

1148. Curtain rising for citizenship-by-investment program

https://knews.kathimerini.com.cy/en/comment/opinion/curtain-rising-for-citizenship-by-investment-program

The Presidency has before it four scenarios for dealing with the issue of purchased citizenships. The most likely possibility is that of suspending the investment program for a short period, as revealed by Kathimerini on Sunday....

1149. House President calls for suspension of 'golden passports' scheme

https://knews.kathimerini.com.cy/en/news/house-president-calls-for-suspension-of-golden-passports-scheme

House President Demetris Syllouris has formally suggested to President Nicos Anastasiades that the Cyprus citizenship-by-investment scheme is paused until decisions for its improvement or even complete termination are taken, and called for a meeting of party leaders to discuss the scheme that has recently attracted international attention after a document leak led to a series of articles and videos published by the media network Al Jazeera....

1150. EU mulls legal action against Cyprus 'golden passports'

https://knews.kathimerini.com.cy/en/news/eu-mulls-legal-action-against-cyprus-golden-passports

The foreign media network Al Jazeera, that has this week been publishing a series of articles and videos on the murky side of the Cyprus ‘golden passports’ program after it was leaked classified documents, reported that the European Commissioner for Justice Didier Reynders is looking into the possibility of legal action against Cyprus....

1151. Cyprus takes a stab at Al Jazeera 'propaganda'

https://knews.kathimerini.com.cy/en/news/cyprus-takes-a-stab-at-al-jazeera-propaganda

The daily publication of reports by the foreign media network Al Jazeera targeting the Cyprus citizenship-for-investment programme after gaining possession of over 1,400 leaked documents has sent the Cyprus government rushing to set the record straight....

1152. Al Jazeera journalist denies political motives

https://knews.kathimerini.com.cy/en/news/al-jazeera-journalist-denies-political-motives

Cypriot Interior Minister Nikos Nouris is expected on Wednesday to provide answers to Al Jazeera’s “golden passports” story, while the network has rejected accusations of political motives behind the story...

1153. Apollo CEO investigated over Epstein ties

https://knews.kathimerini.com.cy/en/news/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...

1154. Cyprus police looking into Al Jazeera document leak

https://knews.kathimerini.com.cy/en/news/cyprus-police-looking-into-al-jazeera-document-leak

Cyprus law enforcement officials have been investigating since June 3 how the foreign media network Al Jazeera, that has this week published a series of articles and videos on the island’s citizenship-by-investment program, got hold of the leaked documents on which it built its exposé....

1155. Cyprus 'golden passports' under more scrutiny

https://knews.kathimerini.com.cy/en/news/cyprus-golden-passports-under-more-scrutiny

A foreign investigative report says leaked documents from the Republic of Cyprus suggest the island’s government violated its own rules in granting “golden passport” citizenships, with Cypriot officials denying the accusations and raising credibility issues over the report...

1156. Cyprus 'golden passports' get popular amid pandemic

https://knews.kathimerini.com.cy/en/news/cyprus-golden-passports-get-popular-amid-pandemic

The Republic of Cyprus’ investment-for-citizenship program proved to be the second most popular scheme of the sorts amid the global pandemic, with new citizenship applications during the first quarter of 2020 marking a 75% increase compared to the same period last year....

1157. Greek PM tweaks cabinet to increase efficiency on economy, labor and environment

https://knews.kathimerini.com.cy/en/news/greek-pm-tweaks-cabinet-to-increase-efficiency-on-economy-labor-and-environment

Prime Minister Kyriakos Mitsotakis has introduced changes to the makeup of his cabinet aimed at increasing its “operational efficiency,” government spokesman Stelios Petsas said on Tuesday....

1158. Israel approves pipeline deal to sell gas to Europe

https://knews.kathimerini.com.cy/en/news/israel-approves-pipeline-deal-to-sell-gas-to-europe

The Israeli government on Sunday approved an agreement with European countries for the construction of a subsea pipeline that would supply Europe with natural gas from the eastern Mediterranean....

1159. LNG terminal project marks new era for Cyprus

https://knews.kathimerini.com.cy/en/news/lng-terminal-project-marks-new-era-for-cyprus

The infrastructure for the introduction of liquefied natural gas for electricity generation places Cyprus on track for a new energy era, opening new strong prospects for the island’s economy, President of the Republic Nicos Anastasiades said on Thursday...

1160. Pandemic's impact on tourism poses significant risks to Cyprus economy

https://knews.kathimerini.com.cy/en/news/pandemic-impact-on-tourism-poses-significant-risks-to-cyprus-economy

The European Commission’s summer economic forecast expects significant risks to the Cyprus economy as a result of the coronavirus pandemic’s impact on the tourism sector, which is predicted to see just 25% of last year’s revenues and high unemployment....

1161. US ambassador sees opportunities in Cyprus

https://knews.kathimerini.com.cy/en/news/us-ambassador-see-opportunities-in-cyprus

US Ambassador to Nicosia Judy Garber says the pandemic aftermath in Cyprus could be seen as an opportunity for the island, praising officials for managing the crisis and calling the country a “fantastic place for people” to do business...

1162. New Ministers of Justice and Defence sworn in

https://knews.kathimerini.com.cy/en/news/new-justice-defence-ministers-sworn-in

The new Ministers of Justice and Defence, Emily Yiolitis and Charalambos Petrides, were sworn in at the Presidential Palace on Monday....

1163. All set for implementation of new support measures, FinMin says

https://knews.kathimerini.com.cy/en/news/all-set-for-implementation-of-new-support-measures-finmin-says

Finance minister Constantinos Petrides announced the launch of the implementation of three measures, under the government support program, to address the consequences of the coronavirus pandemic....

1164. Cyprus to host next trilateral meeting of Greek, Cyprus, Israel FMs

https://knews.kathimerini.com.cy/en/news/cyprus-to-host-next-trilateral-meeting-of-greek-cyprus-israel-fms

Cyprus will host the next trilateral meeting of the foreign ministers of Cyprus, Israel and Greece, the Cyprus foreign minister Nicos Christodoulides agreed with his Israeli counterpart during a visit to Israel on Tuesday....

1165. Nicosia midtown center in the works

https://knews.kathimerini.com.cy/en/news/nicosia-midtown-business-center-in-the-works

A new modern business centre on the most popular main street in Nicosia is said to be in the pipeline, following reports that the Bank of Cyprus has sold a parking lot in the midtown area...

1166. No progress among EU leaders on virus recovery deal

https://knews.kathimerini.com.cy/en/news/no-progress-among-eu-leaders-on-virus-recovery-deal

European Union leaders found that a quick deal on the bloc's future long-term budget and a multibillion-euro post-pandemic recovery plan remained beyond their reach Friday as the coronavirus ravages their economies....

1167. Businesses pursue strategies for turning challenges into opportunities

https://knews.kathimerini.com.cy/en/business/businesses-pursue-strategies-for-turning-challenges-into-opportunities

The results of the third round of the CFO Pulse survey conducted by PwC on the effects of COVID-19 on businesses and the wider economy reveal that 46% of CFOs believe that if COVID-19 were to end today, their company could get back to “business as usual” within three months...

1168. Mitsotakis makes Israel his first destination

https://knews.kathimerini.com.cy/en/comment/opinion/mitsotakis-makes-israel-his-first-destination

Greek Prime Minister Kyriakos Mitsotakis is traveling to Israel today on his first foreign visit since the coronavirus outbreak. The message is clear, and it is being sent out in several directions. After deepening their mutually beneficial relationship (which is not aimed at any third country) for a decade, Greece and Israel are pushing ties to a new level....

1169. Cyprus gets tough on golden passports

https://knews.kathimerini.com.cy/en/news/cyprus-gets-tough-on-golden-passports

A House emergency bill that could allow authorities to revoke dozens of Republic of Cyprus “golden passports” is said to eliminate grey areas that so far prevented the state from revoking ill-gotten investor citizenships...

1170. Cabinet approves stricter regulations for citizenship-by-investment scheme

https://knews.kathimerini.com.cy/en/news/cabinet-approves-stricter-regulations-for-citizenship-by-investment-program

The Cabinet on Wednesday approved new regulations to the citizenship-by-investment program, an important provision of which ties the program to anti-money laundering legislation, interior minister Nikos Nouris said. ...

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