Industry pundits believe that the Cyprus real estate sector will stabilise after hitting a record number of sales since 2008.
Annus Horribilis for Cyprus banks
Banks already feel the pressure to closely monitor big exposures and take pre-emptive action to minimise potential damage from bad loans.
Jaishankar In Cyprus: Veiled Attack On Pakistan And China, G20 Presidency, Defence Agreement; All You Need To Know
External Affairs Minister S Jaishankar on Friday told investors in Cyprus that India is on the path of becoming a manufacturing hub for the global community and intended to become a USD 5 trillion …
FRO – Redomiciliation of Frontline to Cyprus is Effective
Frontline plc (“Frontline” or the “Company”) (NYSE: FRO – OSE: FRO), formerly Frontline Ltd., refers to its announcement on December 20, 2022 regarding the approval by Frontline’s shareholders at the …
India to take up affordability & accessibility to energy, foodgrains, fertilisers issue at G20 ‘very strongly’: Jaishankar
Addressing a business event here, Jaishankar, who is on his first official visit to Cyprus as India and Cyprus celebrate 60 years of diplomatic relations, noted that the efficiency and the delivery of …
Cyprus property market holding up despite economic sentiment
Association of Real Estate Agents and Entrepreneurs of Cyprus (Skek) president Andreas Kaouris on Thursday said that despite the challenges, combined with the decline in global real estate prices, …
Cyprus realised goal of becoming a business hub in 2022
Almost 10,000 specialised professionals have relocated to Cyprus Information technology sector alone contributes €3 billion to economy More than 1,200 international companies have relocated to Cyprus …
Europe issues VAT ultimatum on new homes
Europe has sent Cyprus an ultimatum regarding its abuse of the European Directive on reduced VAT when buying or building primary residences.
CySEC fines Target Wealth €30,000
The Cyprus Securities and Exchange Commission (CySEC) has announced a €30,000 settlement with Target Wealth Opportunities Ltd after “possible violations” of the Alternative Investment Fund Managers …
Foreign investors driving the property market
A senior Land Registry officer has confirmed that foreign investors are still the driving force of the Cyprus property market.