The Cyprus finance ministry said it had launched a criminal investigation into the transfer of Mordashov’s stake in Tui. “We are aware of Tui share transfers and a criminal investigation is being …
‘There are 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 …
Cyprus firm helped a Putin ally move $5 million the day he was sanctioned
Taken together, the NCA and other records show the key role played by Cyprus in helping Putin allies like Aven shield their assets from Western sanctions. The confidential documents also show the role …
Secrecy and no tax: the reason why Indians look at Cyprus
The Cyprus Confidential investigation reveals that entities with offshore residency were controlled from India, and instructions for financial transactions in these entities are given by individuals i …
Cyprus ignored sanctions to power Kremlin’s financial machine
Cyprus Confidential exposes how the island’s economic system, known as the Cyprus model, relies on an oversized financial sector with some of the European Union’s weakest financial disclosure laws, an …
How can Cyprus exploit its gas in a geopolitical minefield?
The Republic of Cyprus boasts vast natural resources. But the island is divided, politically and ideologically, posing problems for its gas exploitation plans.
Cyprus and Greece: Attractive investment opportunities in tax-friendly jurisdictions
Both Cyprus and Greece offer attractive investment opportunities for HNIs seeking second homes and investment opportunities in tax-friendly jurisdictions.
A Cyprus Ghost Town Is Emblematic of the Island’s 50-Year Conflict
Eleni Ellinas can still hear the sound of the air raid sirens that woke her after 5 a.m. on Aug. 14, 1974. The Turkish military had invaded Famagusta, on the eastern coast of Cyprus. Within the city …
The Curious Case of a Cyprus Ghost Town
Relations between Turkey and Greece may be warming, but a deserted beach town in Cyprus illustrates how far apart they’ve been in terms of a solution for the strife-ridden island.
Cyprus official says Israel-Hamas war may give an impetus to regional energy projects
The political and economic ramifications from the Israel-Hamas war may provide an impetus to plans for a pipeline conveying offshore natural gas to Cyprus for processing and shipping to foreign …