A court in Cyprus on Friday 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 …
Nationalities of foreign buyers driving Cyprus property market
Foreign buyers acquired 1,669 properties in Cyprus over the past year, with strong demand from British, Russian and Israeli nationals.
Cyprus deposits surge in September as loan growth accelerates
Deposits in Cypriot banks rose sharply in September, while lending also strengthened, reflecting resilient liquidity and stable credit demand, according to the Central Bank of Cyprus (CBC). In its …
Revolut gets Cyprus crypto licence as it targets more users
By Elizabeth Howcroft PARIS (Reuters) -British finance app Revolut has been granted a licence by Cyprus that will enable it to continue to target crypto-related services to grow its business, the …
Revolut Secures MiCA License in Cyprus, Expanding Regulated Crypto Services Across EU
Fintech major Revolut has received a Markets in Crypto Assets (MiCA) license from the Cyprus Securities and Exchange Commission (CySEC), allowing it to provide regulated crypto services across all 30 …
Cyprus Business Now: economic forum, real estate, digital euro, tax department
The 16th Limassol Economic Forum convened prominent figures to dissect how global disruption is reshaping economies and trade, stressing that resilience, reform, and leadership are crucial for Cyprus …
Revolut Secures MiCA License in Cyprus—Is a Stablecoin Next?
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, …