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12° Nicosia,
02 October, 2022
 

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Displaying results 1-30 of 415 matches for query investor.

1. Crucial countdown as Cyprus moves to block Lone Star

https://knews.kathimerini.com.cy/en/news/crucial-countdown-as-cyprus-moves-to-block-lone-star

Private equity firm Lone Star has until Friday to submit a binding offer to buy the Bank of Cyprus, but the island’s largest financial institution could be out of reach as the House is expected one day earlier to vote on a bill that would authorize the government to block a hostile takeover on security grounds...

2. Ask WiRE Index: Apartments lead the way in sale and rent price hikes in Q2

https://knews.kathimerini.com.cy/en/news/ask-wire-index-apartments-lead-the-way-in-sale-and-rent-price-hikes-in-q2

Ask WiRE, a company combining real estate know-how with technology has published its Q2 2022 edition of the Ask WiRE Index for property sale and rental values. The Ask WiRE Index covers all districts and main property types, with values from Q4 2009....

3. EY Cyprus to present findings of 2nd ΕΥ Attractiveness Survey at Cyprus Attractiveness Forum: Investment Realized on 25 October

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....

4. Spain gave 'golden visa' to former Mexican president being investigated for corruption

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....

5. Op-ed: A cat has nine lives. So does the Cyprus property market.

https://knews.kathimerini.com.cy/en/news/op-ed-a-cat-has-nine-lives-so-does-the-cyprus-property-market

Where is the Cyprus property market heading? I have been asked this question countless times over the past three months, primarily from foreign investors who are trying to appreciate how the rise in inflation, increase in interest rates, and war in Ukraine is affecting local market dynamics....

6. EC to force energy companies to share their profits

https://knews.kathimerini.com.cy/en/news/ec-to-force-energy-companies-to-share-their-profits

The European Commission plans to raise more than €140 billion to relieve consumers from soaring energy prices, according to Reuters, by "taking a chunk of the revenue from low-cost electricity producers and forcing fossil fuel companies to share their huge profits. ...

7. Cyprus starts golden passport trial with a paradox

https://knews.kathimerini.com.cy/en/news/cyprus-starts-golden-passport-trial-with-a-paradox

A defense attorney in the golden passport trial set to begin next month raised a conflict of interest on Monday, when his client and former House speaker along with three other defendants appeared for their arraignment before a Nicosia district judge...

8. ECB hikes up interest rates 75 basis points to 1.25%

https://knews.kathimerini.com.cy/en/business/ecb-hikes-up-interest-rates-75-basis-points-to-1-25

The European Central Bank raised its key interest rates by an unprecedented 75 basis points on Thursday and signalled further hikes, prioritising the fight against inflation even as the bloc's economy is heading for a likely winter recession....

9. US-based Lone Star to revise offer for Bank Of Cyprus

https://knews.kathimerini.com.cy/en/business/us-based-lone-star-to-revise-offer-for-bank-of-cyprus

US-based equity fund Lone Star said it is considering options with regard 'to the possibility of making a revised offer proposal to the Board of the Bank of Cyprus.'...

10. Liz Truss becomes Britain new PM after Johnson fallout

https://knews.kathimerini.com.cy/en/news/liz-truss-becomes-britain-new-pm-after-johnson-fallout

Liz Truss will become Britain's next prime minister after winning a leadership race for the governing Conservative Party on Monday, vowing to press ahead with promised tax cuts and action to tackle the deepening energy and cost of living crisis....

11. Melbourne woman accidentally receives $10 million instead of $100 from Crypto.com

https://knews.kathimerini.com.cy/en/business/melbourne-woman-accidentally-receives-$10-million-instead-of-$100-from-crypto-com

Cryptocurrency exchange Crypto.com mistakenly deposited $10.5 million directly into a woman’s bank account when the platform only intended to give her a $100 refund....

12. More than €370m earmarked for rural and mountain communities

https://knews.kathimerini.com.cy/en/news/more-than-€370m-earmarked-for-rural-and-mountain-communities

"The government supports rural areas and their residents", Cyprus’ Transport Minister, Yiannis Karousos said on Sunday evening, stressing that in 2019 the government adopted the National Strategy for the Development of Mountain Communities, for the first time since the establishment of the Republic of Cyprus....

13. AKEL calls out DISY on investor contributions

https://knews.kathimerini.com.cy/en/news/akel-calls-out-disy-on-investor-contributions

The second meeting of the Audit Committee, with the report of the Auditor General of the Republic on the Cyprus Investment Programme being the only item on the agenda, confirmed that the Golden Passports will be at the forefront of the opposition's election campaign. In an inkling of what's to come, AKEL seems to be leading the way in keeping corruption issues at the center of the opposition's discourse during this election season. ...

14. Conflict of interest raised again in passport probe

https://knews.kathimerini.com.cy/en/news/conflict-of-interest-raised-again-in-passport-probe

The audit office in the Republic of Cyprus is sending all its findings on golden passports to the state’s anti-corruption agency, citing a conflict of interest for the state’s two chief law enforcement officers who served as ministers during the investment scandal...

15. Cyprus cabinet revokes seven 'golden' passports

https://knews.kathimerini.com.cy/en/news/cyprus-cabinet-revokes-seven-golden-passports

Seven passports issued under the Cyprus Investment Programme (CIP) were revoked by the Council of Ministers on Wednesday, as announced by Interior Minister Nikos Nouris today....

16. Yiorkio finds patron after years of rejection

https://knews.kathimerini.com.cy/en/news/yiorkio-finds-patron-after-years-of-rejection

Nicosia’s abandoned luxury hotel Yiorkio Residence has been sold to a group focusing on upscale living, with reports saying the bidder is shelling out €20 million to acquire one of Cyprus’ real estate puzzles...

17. Cyprus scrambles to block hostile bank takeover

https://knews.kathimerini.com.cy/en/news/cyprus-scrambles-to-block-hostile-takeover-of-bank

The government in the Republic of Cyprus is racing against the clock to arm itself with legal tools to prevent a takeover of the country’s biggest bank by an American private equity firm, which has until next month to submit a final offer that some shareholders may find hard to resist...

18. AG: 'Lawyers vouched for the character of their applicants, a criminal offense'

https://knews.kathimerini.com.cy/en/news/ag-lawyers-vouched-for-the-character-of-their-applicants-a-criminal-offense

The extraordinary session of the Parliamentary Audit Committee is underway which will examine the findings of the Audit Service's report on the Cyprus Investment Program....

19. Cyprus government: No comment on passport audit report just yet

https://knews.kathimerini.com.cy/en/news/cyprus-government-no-comment-on-passport-audit-report-just-yet

The Government will study the report released Monday by the Audit Office on passports and the Cyprus investment program that granted citizenship by investment, Spokesperson Marios Pelekanos said, following the Cabinet’s meeting which convened Monday at the presidential retreat in the Troodos mountains....

20. Cyprus Investment Program problematic from the start

https://knews.kathimerini.com.cy/en/news/cyprus-investment-program-problematic-from-the-start

Much ink has been spilled over the Cyprus Investment Program (CIP). From its inception in 2017 until its abolition, the CIP was a scheme wherein the Cyprus Government granted Cypriot citizenship to investors, "golden passports" as it is well-known....

21. Interior Ministry aware passport applications did not meet criteria

https://knews.kathimerini.com.cy/en/news/interior-ministry-aware-passport-applications-did-not-meet-criteria

In the Audit Service's report on the naturalization program, references are made to the manner in which passports were granted, stressing that there were cases in which the Ministry was aware that there were applications that did not meet the criteria, characterizing its approval as illegal....

22. Nexters reports record-breaking quarterly revenues of $126 million

https://knews.kathimerini.com.cy/en/business/nexters-reports-record-breaking-quarterly-revenues-of-$126-million

Nexters, an international game development company headquartered in Limassol, today released financial and operational results for the first quarter of 2022 and announced the changes to the board of directors: ...

23. Foreign Direct Investment in Europe a game of two halves: current volatility impacts strategy while long-term appeal instills confidence

https://knews.kathimerini.com.cy/en/business/foreign-direct-investment-in-europe-a-game-of-two-halves-current-volatility-impacts-strategy-while-long-term-appeal-instills-confidence

Europe’s attractiveness for FDI has shown signs of recovery following the COVID-19 pandemic with a 5% increase in the number of projects announced in 2021 compared to 2020, according to the latest annual EY European Attractiveness Survey....

24. Russia sending money to Turkey for the $20 Billion Akuyo nuclear plant

https://knews.kathimerini.com.cy/en/news/russia-sending-money-to-turkey-for-the-$20-billion-akuyo-nuclear-plant

A Russian state-owned company is transferring money to a subsidiary that’s building a $20 billion nuclear power plant on Turkey’s Mediterranean coast, alleviating concerns the project could be delayed by war sanctions....

25. K. Treppides & Co Ltd: Benefits in Kind

https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-benefits-in-kind

There are a number of commercial benefits that come with registering the property in the name of a legal entity rather than as an individual e.g. for asset protection purposes as it provides protection against personal insolvency since a property that is in the name of a legal entity should not be affected should the individual becomes personally insolvent....

26. Tighter controls and penalties for cross-border transactions in Cyprus

https://knews.kathimerini.com.cy/en/business/tighter-controls-and-penalties-for-cross-border-transactions-in-cyprus

The Cyprus Securities and Exchange Commission (CySEC) is introducing additional controls for cross-border services and announced that investor protection will be strengthened under new rules regarding how complaints are handled....

27. Consulco’s London Credit Fund keeps making 4% p.a. for its Euro investors

https://knews.kathimerini.com.cy/en/business/consulco-s-london-credit-fund-keeps-making-4-p-a-for-its-euro-investors

Consulco’s London Credit Fund has been reaching and exceeding its annualized target return of 4,00% on Euro since its inception. ...

28. Italy's PM resigns spelling trouble for Europe

https://knews.kathimerini.com.cy/en/news/italy-s-pm-resigns-spelling-trouble-for-europe

Italian prime minister Mario Draghi has resigned, ending a national unity government formed to tackle unpopular reforms and spelling trouble for Europe at a time of acute economic challenges....

29. Medicover awarded at the 10th Invest Cyprus International Investment Awards

https://knews.kathimerini.com.cy/en/business/medicover-awarded-at-the-10th-invest-cyprus-international-investment-awards

Medicover was honoured at the prestigious 10th Invest Cyprus International Investment Awards, which recognize foreign companies, individuals, and investors for their contribution to the country’s economy....

30. Four individuals charged with conspiracy in Al Jazeera expose

https://knews.kathimerini.com.cy/en/news/four-individuals-charged-with-conspiracy-in-al-jazeera-expose

Four individuals have been charged with conspiracy and will appear before a criminal court in September for their role in granting citizenship to foreign investors who didn't quite meet the criteria....

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