Limassol Greens € 33 mln residential project receives approval from the Environmental Authority
The Starlings residential project is a part of a larger € 500 million development initiative: the Limassol Greens Golf Resort.
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Mar 14
XM buys the Forest Park Hotel for € 10 million
XM, a Cypriot foreign exchange company, acquired Forest Park Hotel for € 10 million from the Skyrianidis family. XM plans to invest...
Feb 15
Eurobank aims for majority share in Hellenic Bank Cyprus
Eurobank Greece is one of the four systemic banks in Greece, and also has a subsidiary in Cyprus. Over the last 2 years, Eurobank has...
Feb 1
Cyprus Electricity Authority opens 12 MW photovoltaic park
Photo: EAC PV Park at Tseri, Cyprus (c) EAC The Electricity Authority of Cyprus (EAC) has opened a second photovoltaic park in Akrotiri...
Sep 26, 2023
Greece’s Eurobank increases holdings in Hellenic Bank of Cyprus to 48%
Athens-headquartered Eurobank, which currently holds 29.2% of Hellenic Bank of Cyprus, recently announced that its shareholding in the...
Sep 12, 2023
The Fattal Hotel Group purchases the Grand Resort Hotel in Limassol
The Fattal Hotel Group of Israel owns over 270 hotels in 117 destinations, including the Leonardo, Herods, Uhotels, Hotel Rothschild22...
Nov 23, 2021
Paralimni Forest Golf Resort receives preliminary planning permission
The Paralimni Forest Golf Company has announced that it has received preliminary planning permission to use public land in the Paralimni...
Nov 16, 2021
Update on the EUR 1.2 billion Larnaca Port & Marina Development Project
In 2020, the Government of Cyprus awarded the re-development of the Larnaca Port and Marina area to Kition Holdings. This project is...
Nov 15, 2021
NCH Capital plans € 200 million in investments in the Pyla, Larnaca region
According to a press release in Stockwatch, the Managing Director of NCH Capital, Mr. Andreas Santis, has announced three investments...
Apr 29, 2021
Ritz Carlton announces Limassol Residences Project
Today, Ritz Carlton announced its intention to operate the Ritz-Carlton Residences in Limassol, Cyprus. According to Ritz Carlton, the...
Feb 11, 2021
Navigator advises on the sale of The Yellow House, a historic mansion in Limassol, Cyprus
Navigator Consulting is pleased to announce it has consulted on the sale of The Yellow House, a historic mansion in Limassol, Cyprus,...
Dec 15, 2020
Government of Cyprus launches UBO Register
The Ultimate Beneficial Owner (UBO) of a company is defined as any entity or individual that acts as shareholder in a company, and...
Dec 7, 2020
Cyprus-based Simple raises € 4.1 million in Series A Funding
According to EU-Startups, Limassol-based Simple secured € 4.1 mln in Series A funding with a € 34.6 mln post-money valuation, bringing...
Nov 12, 2020
The Government of Cyprus approves major Larnaca Port and Marina investment
On 11 December 2020, the Government of Cyprus signed contracts with a Cypriot – Israeli investment consortium for the redevelopment of...
Oct 12, 2020
Cyprus terminates its Citizenship by Investment Programme from 1 November 2020
The Cyprus Government has announced it is terminating its Citizenship by Investment Programme “in its current form” from 1 November 2020....
Aug 22, 2020
Al Jazeera Report on the Cyprus Citizenship by Investment Programme
On August 23rd, Al Jazeera Investigations began publication of a series of reports accusing the Cyprus Government of granting passports...
Jul 30, 2020
Stockwatch Update on the Cyprus Citizenship by Investment Programme
The Citizenship by Investment Programme has seen a slowdown in applications in 2020 due to the COVID crisis. This is preventing potential in
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