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331. SBA land run rules in foreign investors

More opportunities and fewer restrictions for land development on SBA land went into effect on Monday in Cyprus, where foreign nationals will be allowed to invest along with locals who now have to review details and move quickly with any possible objections...

332. Nicosia drops hint at ferry link this summer

The Shipping Deputy Ministry in the Republic of Cyprus says a successful bidder for a state-subsidized ferry link to Greece has been asked to submit a proposal, with reports saying a summer connection could be launched this year...

333. K. Treppides & Co Ltd: Cryptocurrency - Having your regulated firm able to trade in cryptocurrency

Decentralized digital currency era began in 2008 by an unknown person named Satoshi Nakamoto which invented Bitcoin, the very first cryptocurrency. ...

334. Property sales hit 14-year high in Cyprus

Property sales in March, as measured by the number of sale contracts deposited at Land Registry offices, hit a 14-year high according to figures released by the Department of Lands and Surveys....

335. K. Treppides & Co Ltd: Cryptocurrency: The requirement of a firm to service the local market trading in cryptocurrency

336. K. Treppides & Co Ltd- Cryptocurrencies: Regulating cryptocurrency trading in Cyprus

337. Revoking golden passports to Russians ‘impossible’

An EU recommendation to member states to recall passports issued to Russian and Belarusian oligarchs on the bloc’s sanctions list puts Cyprus in an awkward position....

338. Overcoming talent crunch and supply chain upheaval among biggest success indicators for tech in 2022

Increased volatility rising out of the evolving COVID-19 pandemic has led to a reshuffling of priorities for the global technology industry....

339. Credit Suisse in the hot seat for telling its clients to shred evidence

Just weeks after Credit Suisse was caught telling clients to shred evidence of its loans to Russian oligarchs, the embattled investment bank has decided to pull out of the country....

340. Russians pile into property in Istanbul and Dubai to shelter from sanctions

Wealthy Russians are pouring money into real estate in Turkey and the United Arab Emirates, seeking a financial haven in the wake of Moscow's invasion of Ukraine and Western sanctions, according to many property companies....

341. EC calls on EU governments to end golden passport schemes

The European Commission called on EU governments on Monday to end national programs to sell citizenship to investors, also known as golden passports schemes and urged them to suspend the sale of visas to Russians and Belarusians....

342. K. Treppides & Co Ltd: Cryptocurrency: Trading in cryptocurrency for own benefit. Cyprus tax treatment.

Seems that we cannot stop hearing stories about cryptos in our workplace and media or via web searching how many people have become millionaires trading in cryptocurrencies...

343. Consulco hosted the digital event ''UK Economy and Real Estate Outlook''

Consulco has successfully hosted the UK Economy and Real Estate Outlook event, along with four leading organization that have provided insights on the pressures the UK is facing today and their impact on key property markets. ...

344. K. Treppides & Co Ltd- Cryptocurrencies: Investment firms trading in cryptocurrencies. Authorization required.

Cryptocurrencies have taken the world by surprise in recent years, and transformed as the absolute trend in the virtual investing world. ...

345. Default looms as Russia hits deadline for dollar bond payments

Russia will default on its debt for the first time since 1998 if it tries to make interest payments on its dollar bonds in roubles on Wednesday, rating agency Fitch has said....

346. Cyprus is losing its Russians, confronting existential questions about its economy

For decades, Cyprus built an economy that courted Russians — Russian tourists, Russian investors, Russian oligarchs. ...

347. K. Treppides & Co Ltd - Cryptocurrencies: Forex Companies trading in cryptocurrencies as underlying asset. How to apply.

Derivatives on virtual currencies / cryptocurrencies, such as contracts for differences (CFDs), options and futures, can qualify as financial instruments under MiFID II. Subsequently, the provision of investment services in relation to financial instruments with cryptocurrencies as underlying asset in and/or from Cyprus, requires specific authorisation by the Cyprus Securities and Exchange Commission (CySEC)....

348. Europe's banks reveal billions worth of Russia risk as sanctions bite

Credit Suisse said it had gross exposure to Russia of 1.6 billion Swiss francs ($1.73 billion) at the end of 2021, the latest European bank to reveal the size of potential losses as Western sanctions shut Russia out of the global financial system....

349. Russia will default on its debts 'imminently', Fitch ratings agency has warned

Russia will default on its debts 'imminently', a leading credit rating agency has warned, as sanctions over Ukraine continue to pummel the country's economy....

350. Alexis Pantazis and Emilios Markou of Hellas Direct have been named EY Entrepreneurs Of The Year for 2022 in Cyprus

This prestigious award for entrepreneurs was presented for the first time in Cyprus. Winners will represent Cyprus at the EY World Entrepreneur Of The Year™ Awards in Monte Carlo, in June 2022 ...

351. Russian forces continue to pound Kiev

Missiles pounded Kyiv on Friday and families cowered in bomb shelters as Russian forces pressed their advance and authorities said they were girding for an assault aimed at overthrowing the government....

352. Developments in the first few hours of the Russian invasion of Ukraine

Kharkiv - Fierce battles Fight in the cities, in the squares, where you live said in his sermon the President of Ukraine...

353. Global markets tumble after Putin orders invasion

The FTSE 100 index fell by more than 1.5 percent today and European shares hit a seven-month low with a long-feared Russian invasion of Ukraine now appearing to be underway....

354. After two years of closed borders, Australia welcomes the world back

Australia said on Monday it will reopen its borders to vaccinated travelers this month, ending two years of misery for the tourism sector, reviving migration and injecting billions of dollars into the world No. 13 economy....

355. Novavax could offer the unvaccinated a new option, if regulators agree

Following a long-awaited submission of data to the Food and Drug Administration last month, Novavax announced Monday that it had formally filed a request for emergency use authorization of its protein-based COVID-19 vaccine in the United States....

356. Strengthening Cyprus' anti-aircraft umbrella high on the Ministry of Defence agenda

An in-depth study of proposals submitted by various countries for the procurement of a system that will strengthen the Republic’s anti-aircraft umbrella was completed by the Ministry of Defence, according to information obtained by the Cyprus News Agency (CNA)....

357. Teddy Sagi's Playtech embroiled in takeover battle

Israeli billionaire Teddy Sagi, the founder of Playtech, declined to comment on the withdrawal of Eddie Jordan's potential bid for the online gambling company he founded back in 1999....

358. Consulco opens its Limassol office

Consulco the investment manager with offices in London, Dubai, Moscow and Nicosia established its newest office in Limassol. ...

359. Turkish lira whiplashes after Erdogan moves to protect savings

Turkey's lira rocketed back from record lows in volatile trading on Tuesday after Turkish President Tayyip Erdogan proposed measures to protect local currency savings against such swings....

360. The new investment game

Accelerating the transition to a green economy is a no-brainer. It is no coincidence that it accounts for 36.3% of the total budget of the Recovery and Sustainability Plan...