https://knews.kathimerini.com.cy/en/business/consulco-outperforms-the-london-property-market-says-msci
The annual MSCI results are now available, and Consulco’s London commercial real estate portfolio outperformed the Greater London Retail property market by 5.9 % during 2020. ...
https://knews.kathimerini.com.cy/en/business/threedium-sets-sights-on-us-market-a-cyprus-success-story-in-the-making
In April of 2017, five ambitious tech enthusiasts fresh out of university, of whom two were Cypriot, had a vision: to bridge the gap between online and in-store experiences by building a solution that would help customers better understand and evaluate the products they were browsing to buy...
https://knews.kathimerini.com.cy/en/news/syllouris-declines-questions-in-passport-probe
A former Cypriot parliamentary speaker secretly filmed in an expose on a now discredited cash-for-passports scheme declined to answer questions on Wednesday into his role in a scandal which rocked the island nation...
https://knews.kathimerini.com.cy/en/news/stars-in-al-jazeera-video-face-committee
https://knews.kathimerini.com.cy/en/news/interim-report-on-golden-passports-delivered
An interim report on the golden passport scandal in the Republic of Cyprus says just over half of citizenships granted by the executive branch were not approved lawfully...
https://knews.kathimerini.com.cy/en/news/gloves-are-off-again-over-golden-passports
Cyprus’ auditor general told a House committee this week that the Cabinet used old rules to approve over two hundred golden passports after the cutoff date for an investigation ordered by the attorney general, who pushed back on the criticism saying there was 'no bottom to the abyss'...
https://knews.kathimerini.com.cy/en/news/cyprus-hurries-to-clean-up-company-registry
Energy Minister Natasa Pilides has called on business stakeholders in Cyprus to embrace a new effort of recording and updating true information about beneficiaries of companies, saying a new digital registry can bolster transparency on the island...
https://knews.kathimerini.com.cy/en/news/imf-withdrawal-of-support-measures-should-be-gradual
An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities from March 8–29, 2021 to discuss recent economic developments and policy priorities on the island. In an interview with Kathimerini Cyprus, IMF mission chief for Cyprus, Anita Tuladhar, said the longer the recovery period in sectors related to tourism, the greater the chance that permanent scars will remain in the economy of Cyprus. Tuladhar also noted the importance of state-sponsored programs to support the economy....
https://knews.kathimerini.com.cy/en/news/mountain-region-to-get-€400m-revamp-by-2030
The government’s plan to revitalise mountain communities by 2030 was presented on Thursday, with the grand project including more than 300 actions budgeted at €400 million....
https://knews.kathimerini.com.cy/en/news/government-announces-new-housing-schemes-and-incentives
New housing schemes and incentives with an emphasis on rural areas and young people were announced on Wednesday by the government....
https://knews.kathimerini.com.cy/en/news/anastasiades-takes-the-stand-in-passports-probe
Cyprus’ citizenship by investment scheme will not be revived but other incentives will be given to attract investments, excluding citizenship, President Nicos Anastasiades said on Tuesday, following a 3-hour-long testimony before the investigative committee probing Cyprus’ nixed citizenship-by-investment scheme....
https://knews.kathimerini.com.cy/en/news/cyprus-president-testifies-on-golden-passports
Cypriot President Nicos Anastasiades is expected to testify on Tuesday before the independent committee probing corruption allegations in the country’s golden passport scheme, just days after he lashed out at critics during a national address on the fight against corruption...
https://knews.kathimerini.com.cy/en/news/policy-priorities-unaffected-by-pandemic-finmin-says
Despite the crisis of the Covid-19 pandemic Cyprus’ economic policies remain the same, targeting macroeconomic and financial stability, prudent fiscal policies, and establishing a competitive, business-friendly regulatory environment of high standards, Minister of Finance Constantinos Petrides said on Thursday....
https://knews.kathimerini.com.cy/en/news/15-law-firms-being-audited-for-involvement-in-golden-passports
Interesting new details on the involvement of law firms in the island’s disgraced citizenship-by-investment programme were presented before the Investigative Committee by the head of the Cyprus Bar Association, Christos Clerides....
https://knews.kathimerini.com.cy/en/news/lawyer-says-al-jazeera-took-him-out-of-context
Cypriot attorney Andreas Pittadjis, who was targeted in an Al Jazeera undercover investigation into allegations of corruption over golden passports, took to social media to reiterate his position he did nothing illegal, accusing the foreign network of being dishonest...
https://knews.kathimerini.com.cy/en/business/the-key-to-a-successful-investment-lies-in…-behaviour
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/business/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...
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/redacted-report-to-be-published-noon
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...
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/business/cyprus-remains-an-attractive-investment-destination
Cyprus remains an attractive investment destination, especially among established investors
...
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/business/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...
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/citizens-to-protest-over-passport-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...