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Tag: Cyprus

Posted on August 5, 2025

Unresolved property issues haunt stalled Cyprus peace process

NICOSIA (Reuters) -Decades-old property disputes stemming from Cyprus’s unresolved division are stirring tensions on the island, threatening to derail fragile progress in United Nations-led …

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Posted on August 5, 2025

Foreign buyers drive resilient real estate market in Cyprus

Cyprus’ real estate market remains resilient and in high demand, with a strong start to 2025 confirming last year’s momentum, according to Cyprus Real Estate Agents Registration Council president …

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Posted on August 5, 2025

Trial of German estate agent over north Cyprus property delayed until September

The trial of German real estate agent Eva Isabella Kunzel, accused of unlawfully exploiting Greek Cypriot properties in the north, was on Tuesday postponed until September 5.The Nicosia criminal court …

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Posted on August 4, 2025

Melco Q2 profit dips 19.6% despite 14.5% rise in operating revenue

In Cyprus, where Melco runs three satellite casinos and City of Dreams Mediterranean, revenues rose to $72.3 million from $58.7 million a year earlier. Yet adjusted EBITDA declined 5.3% to $12.4 …

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Posted on August 4, 2025

Former unionist denies land sale scandal in north Cyprus

A former Turkish Cypriot unionist on Monday rejected claims linking him to the controversial sale of Greek Cypriot land in the north, describing the reports as “false, insulting and defamatory”.Sener …

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Posted on August 2, 2025

Cyprus sees €642.8 million in new lending

Net new loans in Cyprus recorded a significant increase in June 2025, reaching €642.8 million compared to €297.8 million in May, according to data published this week by the Central Bank of Cyprus …
Posted on August 2, 2025

Cyprus Warns of Wave of Fake ‘Loss Recovery’ Sites Targeting Scammed Investors

The Cyprus Securities and Exchange Commission (CySEC) issued a public warning this week, naming at least six websites that are falsely claiming affiliation …
Posted on August 1, 2025

Melco’s Macau turnaround successful, but Philippines and Cyprus remain headwinds for the firm: analysts

Casino group Melco Resorts & Entertainment Ltd’s turnaround strategy is “bearing fruit,” namely in its Macau operations, says CBRE Equity Research. The comment from analysts John DeCree and Max Marsh …

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Posted on July 31, 2025

Cyprus-based shipping company sanctioned by US over Iran links

A Cyprus-based shipping company by the name of “GMCG Ltd” was designated as “blocked property” by the United States’ government as part of the country’s latest round of sanctions imposed on Iran and …

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Posted on July 31, 2025

Cyprus Business Now: tourism, real estate, shipping, Keve, Syprodat

Tourism revenue in Cyprus climbed to €373.3 million in May 2025, according to the latest results on Wednesday from the passengers survey conducted by the statistical service (Cystat).This marks a 20.2 …

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