https://knews.kathimerini.com.cy/en/news/court-hands-down-stiff-sentences-in-major-extortion-and-embezzlement-case
In a significant move against financial crime, the Criminal Court in Larnaca has handed down tough sentences to two men involved in an elaborate scheme of extortion, embezzlement, and money laundering. ...
https://knews.kathimerini.com.cy/en/news/acropolis-facing-mansion-in-athens-sparks-legal-dispute-over-false-sale-listing
The family of the late Elias Barbalias, a prominent Greek real estate developer, has denied authorizing the sale of their luxurious mansion overlooking the Acropolis, following a report about its listing earlier this week. ...
https://knews.kathimerini.com.cy/en/business/cyprus-court-upholds-tougher-rules-for-glamping-projects
The Supreme Constitutional Court recently made a decision that has significant implications for luxury camping (glamping) and visitor farm projects in Cyprus. ...
https://knews.kathimerini.com.cy/en/business/50-million-luxury-shoppers-pull-back-as-market-slows
For the first time since the 2009 financial crisis, the luxury goods market is losing its shine. A whopping 50 million shoppers have stopped splurging on designer bags, watches, and other high-end items, according to Bain & Company’s latest report....
https://knews.kathimerini.com.cy/en/comment/opinion/the-unassuming-constantinos-kombos
In every Cabinet meeting, there is a ''luxury'' position held by the current Minister of Foreign Affairs. ...
https://knews.kathimerini.com.cy/en/business/cyprus-plans-€10-000-cash-limit-to-fight-money-laundering
According to Kathimerini's Pavlos Neophytou, the Cyprus government is considering a new law to cap cash transactions at €10,000 for buying goods and services, aiming to crack down on money laundering. ...
https://knews.kathimerini.com.cy/en/life/saudi-arabia-s-sindalah-island-opens-as-year-round-superyacht-paradise
Tucked in the Red Sea, the new luxury island of Sindalah has officially opened, bringing high-end resorts, a yacht club, and a marina to Saudi Arabia's coastline. ...
https://knews.kathimerini.com.cy/en/news/cyprus-sees-€30-million-in-luxury-property-sales-in-september
In September, the ten priciest property sales in Cyprus totaled €30 million, with Limassol dominating the list, accounting for 62% of these high-value transactions....
https://knews.kathimerini.com.cy/en/news/cypriots-linked-to-$75-million-money-laundering-probe-in-the-french-riviera
French authorities have seized about $75 million worth of real estate and luxury cars in the French Riviera as part of a money-laundering investigation involving two Russian businessmen who hold Cypriot citizenship, according to a published report on the OCCRP.org website. ...
https://knews.kathimerini.com.cy/en/news/politico-giuliani-ordered-to-hand-over-property-to-pay-defamation-suit
Former New York City mayor Rudy Giuliani has been ordered by a federal judge to hand over a significant portion of his property, including his luxury Upper East Side apartment, to two Georgia election workers who won a $148 million defamation case against him....
https://knews.kathimerini.com.cy/en/business/luxury-real-estate-investment-opportunities-by-astrobank
AstroBank has listed for sale a luxury villa in Nicosia as well as other residential real estate in Nicosia, Paphos and Larnaca....
https://knews.kathimerini.com.cy/en/news/med9-summit-in-cyprus-pushes-for-humanitarian-aid-to-gaza
At a time when the war crisis in the Middle East is intensifying, raising global concerns, the 11th summit of southern European leaders in Cyprus provided a platform for the EU to address criticism of its inaction on calls for a ceasefire. ...
https://knews.kathimerini.com.cy/en/news/lupita-nyong-o-joins-chanel-as-brand-ambassador
Lupita Nyong'o has been named Chanel's latest ambassador, adding to her growing list of accomplishments in film, fashion, and podcasting....
https://knews.kathimerini.com.cy/en/news/jordan-s-king-abdullah-joins-med9-summit-for-key-security-talks
Leaders from nine Mediterranean nations convened in Cyprus on Friday for the MED9 Summit, reaffirming their commitment to tackling shared challenges. ...
https://knews.kathimerini.com.cy/en/news/british-tourists-hospitalized-after-bartender-serves-cleaning-fluid-in-crete
Five men were hospitalized after being served a cleaning agent instead of alcohol at a luxury hotel in Gouves, Crete, on Saturday....
https://knews.kathimerini.com.cy/en/business/the-new-porsche-all-electric-macan-is-here
Porsche's new luxury all-electric SUV was presented for the first time to the distinguished guests of the spectacular unveiling party that took place on Thursday night, October 3rd , at the Parklane Resort in Limassol. ...
https://knews.kathimerini.com.cy/en/news/$1-800-boat-trips-in-high-demand-amid-lebanon-conflict
Before war engulfed Lebanon, the Princess 2010 yacht was a symbol of leisure, cruising along the coast with passengers paying $600 each to enjoy its 24-meter luxury. ...
https://knews.kathimerini.com.cy/en/news/cyprus-luxury-resort-tied-to-russia-s-$230m-magnitsky-scandal
Cypriot police are close to completing an investigation into allegations connecting a luxury resort to one of Russia’s biggest financial scandals, the Magnitsky case, according to police officials....
https://knews.kathimerini.com.cy/en/news/malfy-gin-at-the-5th-cyprus-cocktail-festival
The highly anticipated Cyprus Cocktail Festival, now in its fifth year, returns for another unforgettable evening, offering exclusive signature cocktails from 20 top bars in Cyprus and abroad....
https://knews.kathimerini.com.cy/en/news/nyc-mayor-eric-adams-charged-with-bribery-involving-turkish-officials
New York City Mayor Eric Adams has been charged with bribery and fraud in connection with an alleged scheme involving Turkish officials. Prosecutors say Adams accepted more than $100,000 in luxury travel, ...
https://knews.kathimerini.com.cy/en/news/naomi-campbell-banned-from-charity-role-for-misusing-funds
Supermodel Naomi Campbell has been banned from serving as a trustee for any charity for five years after an investigation revealed significant financial misconduct within her organization, Fashion For Relief....
https://knews.kathimerini.com.cy/en/business/10-real-estate-investment-opportunities-by-astrobank
AstroBank has listed for sale two apartment blocks and other residential and agricultural properties in Nicosia Paphos, and Famagusta....
https://knews.kathimerini.com.cy/en/news/fly-business-class-from-just-€150-with-cyprus-airways—limited-time-only
Cyprus Airways Introduces unmatched Business Class Fares Starting at €150: Luxury Travel Made Accessible...
https://knews.kathimerini.com.cy/en/business/luxury-properties-residential-parcels-for-sale-by-astrobank
AstroBank has listed for sale large houses, residential parcels of land in Nicosia and Paphos, as well as a commercial building in Nicosia with all the amenities....
https://knews.kathimerini.com.cy/en/news/tiny-house-big-rent-limassol-s-housing-crisis-hits-new-heights
It's no secret that rental prices in Cyprus, especially in Limassol, have skyrocketed to absurd levels. With people struggling to find affordable housing amidst a sea of luxury apartments and inflated costs, one local decided to poke fun at the situation—and it's hilarious!...
https://knews.kathimerini.com.cy/en/news/greek-police-disrupt-€26-million-vat-fraud-scheme
The Financial Police Directorate has dismantled a criminal organization involved in elaborate VAT fraud schemes, leading to significant financial losses for the state....
https://knews.kathimerini.com.cy/en/news/two-bodies-discovered-in-sunken-yacht-bayesian
Italian rescue divers have found two bodies inside the sunken luxury yacht Bayesian, which sank off the coast of Sicily during a violent storm, according to Reuters....
https://knews.kathimerini.com.cy/en/news/lynch-s-co-defendant-killed-in-car-crash-before-yacht-tragedy-in-sicily
Stephen Chamberlain, the former vice president of finance at Autonomy, was struck and killed by a car while jogging on Saturday, just days before his co-defendant, British tech tycoon Mike Lynch, went missing after a yacht sank off the coast of Sicily....
https://knews.kathimerini.com.cy/en/news/british-tech-mogul-mike-lynch-missing-after-superyacht-sinks-in-freak-sicilian-storm
British tech magnate Mike Lynch and five others remain missing after their luxury superyacht sank during a freak storm off the coast of Sicily early Monday, Italian authorities reported. ...
https://knews.kathimerini.com.cy/en/comment/opinion/christodoulides-un-meeting-move-raises-public-image-concerns
Turkish Cypriot leader Ersin Tatar abruptly halted anticipated developments in August by rejecting an invitation to a trilateral meeting, insisting that there was no common ground between the two sides.
...
