The Nicosia district saw residential sales totalling €118.8 million during the third quarter of 2023, according to a report released on Wednesday by Cypriot firm Ask Wire. Ask Wire, a firm that …
Israeli interest in Cyprus real estate market dips
Developers and agents in Cyprus are reporting a major drop in demand and investment from Israel since the October 7 Hamas terror attack at home.
Cyprus banks enjoying higher profits but give little back
Despite making easy money, Cyprus banks not helping economy and society By Les Manison Cyprus banks have benefitted considerably from the higher interest rate policies of the ECB since mid-2022, which …
From UK to Cyprus, Indians are flocking to buy homes across Europe; here’s why
Once the power centre of the world that continues to be a major global financial hub, London is witnessing increasing number of Indians purchasing affordable housing units – thanks to leading …
Cyprus, an innovation hub
Cyprus’ increasing momentum in the fintech and innovation industry is a reflection of the advantages of using Cyprus as a hub for accessing Europe and the MENA region.
Finance Minister to address Invest Cyprus annual general meeting
Invest Cyprus, the Cypriot Investment Promotion Agency, is poised to unveil its strategic objectives and initiatives during its Annual General Meeting, taking place later today. The conference, to be …
‘No questions asked’: how Russian money is fuelling a building boom in northern Cyprus
Casinos and schools fill with Russians in the island’s Turkish-occupied north, which offers a sanctions-free life for those seeking to move their money after a clampdown in the south …
Our View: Is Cyprus under pressure to stop offering services to wealthy Russians?
After someone praised the government’s prompt and decisive response to the sanctions imposed on Cypriot nationals by the UK and US governments last April, in a conversation with a top ranking official …
Cyprus to clamp down as investigation reveals oligarchs moved assets after Ukraine invasion
Biggest ever leak of financial data from Cyprus raises concerns over EU state’s role in managing Russian fortunes …
Cyprus ignores Russian atrocities, Western sanctions to shield vast wealth of Putin allies
ICIJ-led investigation Cyprus Confidential reveals how the EU member state powered the Kremlin’s financial machine, moving vast sums for oligarchs, including after Russia’s 2022 Ukraine invasion.