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Tag: Cyprus

Posted on October 25, 2025

Israeli man sentenced to 5 years for illegally selling Greek Cypriot land in breakaway north

A Cyprus court has sentenced an Israeli businessman to five years for developing and selling luxury apartment complexes in the breakaway northern part of the divided island without permission of the …

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Posted on October 25, 2025

Israeli Businessman Sentenced for Illegally Developing Cyprus Property

An Israeli businessman, Shimon Aykut, has been sentenced to five years in jail by a Cyprus court for illegal development of Greek Cypriot property in the Turkish-held north. This high-profile case …

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Posted on October 25, 2025

Cyprus faces growing housing crunch as demand outpaces supply

Housing scarcity in Cyprus is intensifying, creating a growing crisis that strains residents’ access to affordable homes. With demand outpacing supply, competition among tenants has increased, …

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Posted on October 25, 2025

Israeli developer gets five years in jail for north Cyprus land development

A Cyprus court sentences an Israeli businessman to five years in jail for illegally developing Greek Cypriot property in the Turkish-held north of the island, in one of the most politically charged …

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Posted on October 25, 2025

Israeli land developer gets 5 years in Cyprus jail for projects in Turkish-held north

Sentence comes after 74-year-old Shimon Aykut reaches plea bargain for cashing out on some 40 properties island’s north …

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Posted on October 20, 2025

Foreign direct investment: Cyprus can turn challenges into opportunities

Foreign direct investment (FDI) is a key driver of economic growth, technological advancement, productivity increase and international competitiveness.For small countries like Cyprus, it offers …
Posted on October 19, 2025

Urgent need for property tax reform

There are compelling reasons why the property sector in Cyprus should be subject to greater taxation and, moreover, should be a key part of the forthcoming tax reform.Firstly, in view of mounting …

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Posted on October 19, 2025

Invest Cyprus welcomes US-based TKI following merger with Hybrid ConsulTech

Invest Cyprus on Thursday welcomed US-based technology company TKI to Cyprus following the merger between Hybrid ConsulTech, now renamed TKI EMEA, and TKI, a leading provider of enterprise-grade …
Posted on October 19, 2025

Call for law to regulate Cyprus property developers

The Cyprus Developers Association pushes for official recognition of land developers to improve accountability and buyer protection.

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Posted on October 19, 2025

Turkish Cypriots vote in an election seen as a choice on deeper Turkey ties or closer EU relations

Turkish Cypriots on the divided island of Cyprus are casting ballots in an election seen as a choice between deeper ties with Turkey or closer relations with Europe …

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