2 w. ago Cyprus Business Now: finance ministry, companies, Eurobank, RIF, ECOMMBX, gaming

Cyprus’ Ministry of Finance has set out its strategic objectives, challenges and planned interventions for the coming year in its 2026 budget while also reviewing actions implemented in 2025. The document groups the main challenges under nine objectives, ranging from macroeconomic stability and fiscal discipline to financial stability, public-sector productivity and preparations for Cyprus’ EU […]

Economics

2 w. ago Individuals and legal entities related to Cyprus removed from OFAC's SDN list

Individuals and legal entities related to Cyprus removed from OFAC's SDN list  cbn.com.cy

Politics

3 w. ago Cyprus companies and individuals removed from US sanctions list

The US government on Monday removed five Cyprus-related individuals and three legal entities from its list of nationals designated as having engaged in “harmful foreign activities of the Russian Federation”. The list is compiled by the US Treasury’s Office of Foreign Assets Control (Ofac). The Specially Designated Nationals list was created pursuant to Executive Order […]

Politics

3 w. ago Court rules those on EU sanctions list to lose Cyprus citizenship

The administrative court has issued another interim ruling upholding a 2022 cabinet decision to revoke the Cypriot citizenship of people included on an EU sanctions list concerning Ukraine, the attorney-general’s office said on Monday. Following Russia’s invasion of Ukraine, in 2022 the cabinet – acting on EU Regulation 2022/581 – decided to strip a number […]

Events

3 w. ago Cyprus is running out of water, now private companies say they can make it rain

Cyprus is running out of water, now private companies say they can make it rain  Kathimerini

Politics

3 w. ago Business acquisitions by foreign funds worrying, says tax commissioner

Tax Commissioner Soteris Markides expressed concern on Friday about the phenomenon of acquisitions of businesses in Cyprus by foreign companies and funds. He told MPs at the House finance committee – discussing the tax reform bill – that Cyprus should be worried about the fact that hotels, universities and hospitals were being bought by foreign […]

Economics