An EU lawyer said the European banking giant is now ‘positioned to legally issue its own stablecoin,’ with a 2026 launch ‘plausible.’ …
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 …
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 …
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, …
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 …
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.