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 …
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 …
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 …
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 …
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 …
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.
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 …
Cyprus Business Now: tourism, Cyprus Presidency, housing, VAT, CBC
President Nikos Christodoulides on Thursday addressed the 91st HOTREC general assembly in Paphos, highlighting the vital role of tourism in Cyprus’ economy, the country’s sustainable development …
Cyprus innovation hub: Explore at Gitex Global 2025
Visitors to the Cyprus pavilion will have the opportunity to discover the island’s unique advantages as an international business and innovation hub – a strategic gateway to GCC markets and a bridge …
Cyprus non-performing loans ratio drops in July
The Central Bank of Cyprus (CBC) released an updated report on the country’s non-performing loans (NPLs), showing that a further decline in the NPL ratio was recorded in July. Based on the figures for …