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751. The key to a successful investment lies in… behaviour?

752. Dueling small parties help pass budget

The House in the Republic of Cyprus approved a revision of the government’s 2021 state budget on Thursday, following a month of consultations between the administration and small opposition parties that offered additional amendments to the bill...

753. Reporters to sit in on golden passport hearings

A number of reporters will be allowed from now on to attend ongoing probe hearings into alleged corruption in connection with Cyprus’ disgraced Citizenship by Investment Programme, with journalists being asked to commit in advance not to breach data privacy laws...

754. Your gateway to global investment opportunities

In the past, having resolved to ‘save for a rainy day’ financial well being, for many, took care of itself and your life’s goal was aided by interest earned on those monies, which saw your money working for you but the equation today is not so simple...

755. Kalogerou probe fails to impress opposition

The chair of the ad hoc committee that looked into allegations of wrongdoing last year as Cyprus’ golden passports scandal was unfolding defended the choice to go after high profile cases, following criticism from opposition parties that say the focus was too narrow...

756. Report says ministry was shuffling papers

An initial redacted report on golden passports made public in the Republic of Cyprus on Tuesday painted a picture of an Interior Ministry serving as a “filing office” without ability to examine cases in any meaningful way, with opposition crying foul over the committees’ selective method...

757. Redacted report on golden passports published

A redacted version of the Kalogerou report on golden passports is expected to be made public on Tuesday afternoon, amid criticism of the government from opposition parties calling for transparency in probing corruption allegations...

758. DIKO raises conflict of interest for AG

DIKO president Nicholas Papadopoulos has raised concerns over conflicts of interest for the state’s attorney general in connection with a golden passports investigation, following a statement from the Presidential Palace on publicizing some findings but not in their entirety...

759. Cyprus remains an attractive investment destination

Cyprus remains an attractive investment destination, especially among established investors ...

760. AG says release of 'golden passports' files would harm investigations

The findings of the investigative committee looking into the Cyprus’ disgraced Citizenship by Investment scheme will be made public to the degree that will not affect public interest, Attorney General Giorgos Savvides said Friday....

761. Police focus on Larnaca in passport probe

Police in Larnaca carried out searches on Tuesday in connection with an ongoing criminal probe into golden passports, with reports saying investigators were focusing on at least five persons of interest but were not calling them suspects...

762. Cyprus' auditor general makes Jiu Jitsu move

The audit office is reportedly preparing an unflattering report on Cyprus’ film industry government scheme, with local media suggesting some type of possible connection between newly-established Olivewood and golden passports...

763. Government ups rhetoric against auditor

The Cypriot government hinted over the weekend it might refer the auditor general to the Supreme Court over “indecent” behaviour, after the audit office published yet another damning report alleging offences in a Cabinet decision to grant investor passports to individuals linked to a casino project without meeting the criteria...

764. Global IPO activity rebounds sharply

Q3 2020 bucked the traditionally slow IPO period as travel slowed, work from home and the markets were awash in liquidity resulting in the most active third quarter in the last 20 years by proceeds, and the second highest third quarter by deal numbers...

765. Al Jazeera turns attention to Jho Low

Cypriot-naturalized citizen Jho Low, the Malaysian fugitive financier whose golden passports came under scrutiny last year, was back in the news this week after Al Jazeera published a video with actual voice recordings of 'the biggest fish' seeking a way out of the 1MDB colossal scandal...

766. Elusive businessman with Cyprus ties pops up

The whereabouts of elusive Russian hedge fund manager German Lillevali, who was linked to a flurry of companies in Cyprus after he became a resident, are no longer a mystery after reports that he was detained in the US on an immigration violation but released due to overcrowding amid the coronavirus pandemic...

767. Network resilience in a post-pandemic world

While telcos have largely risen to the challenge of withstanding a surge in network demand during the COVID-19 pandemic, pressure to maintain infrastructure resilience and expand reach emerges as the most pressing sector challenge...

768. Al Jazeera video stirs privacy debate

The former speaker of the House is reportedly calling on the chief of police to investigate two Al Jazeera journalists, saying they violated his rights when a hidden camera was used to capture footage that became part of the network’s corruption investigation known as The Cyprus Papers...

769. Cypriots to protest over golden passports probe

A new demonstration will take place outside the Presidential Palace on Friday, with protesters gathering to express their frustration over the government’s handling of the golden passport scandal and demand that officials take ownership of the crisis...

770. Passport committee shuns media over COVID

The special investigative committee probing the passport scandal in the Republic of Cyprus cited the pandemic this week after banning reporters from hearings, while it was unclear how Thursday’s additional COVID measures would further affect media coverage...

771. Police search homes, offices of those implicated in Al Jazeera video

Police on Thursday searched the homes and offices of the people embroiled in the Al Jazeera video on the Cyprus Papers that caused ongoing political turmoil on the island. ...

772. Foreign investors rush to meet deadline

Days before Cyprus’ Citizenship by Investment Programme is set to go offline, interior ministry officials and paralegals kicked things into high gear to handle the last batch of petitions by foreign investors before the programme ends on Sunday...

773. Woman loses 20 grand in bitcoin scam

A woman in Limassol says she lost over €20,000 after an unknown person convinced her to invest real money in cryptocurrency...

774. Appointment of Directors, Principals, Senior Manager in K. Treppides & Co

The Management of K. Treppides & Co Ltd committed to develop leadership that derives from its own people, who pursue excellence in the provision of high quality specialised and unique services, is pleased to announce the appointment of the following members into the Board of Management with effect 1 October 2020...

775. Constitutional crisis unfolds over passports

An unprecedented constitutional crisis has been unfolding in the Republic of Cyprus, with the attorney general publicly scolding an inquisitive auditor general and asking him to back off from seeking access to files in connection with golden passports linked to a casino project...

776. Fresh total lockdown out of the question for Cyprus govt

Finance minister Constantinos Petrides on Monday strongly refuted the possibility of Cyprus entering a second lockdown, such as the one it was plummeted into in March as a result of the outbreak of coronavirus....

777. Attorney General calls Auditor ‘to order’

Cypriot Attorney General George Savvides issued a stern warning on Saturday, calling to order the state’s auditor general over his insistence on examining specific golden passport case files linked to a casino project on the island...

778. Opposition turns up pressure over passports

Parliament in Cyprus is expected to debate proposals over the passport scandal, including whether a new law can force the government to hand over files to the auditor general as well as a freeze on pending applications allegedly being squeezed through before the disgraced scheme is set to go on hiatus...

779. Reynders: 'golden passport' schemes must be abolished

The EU Commissioner for Justice Didier Reynders briefed the plenary of the European Parliament on Thursday on the Commission’s decision to initiate infringement proceedings against Cyprus and Malta in view of their ‘golden passports’ schemes which appear to be in violation of EU law....

780. EY Attractiveness Survey Cyprus 2020

EY Attractiveness Survey Cyprus 2020: Investors are optimistic about the country’s attractiveness over the coming years, but state that there is room for improvement...