Housing loan company set to lower lending rates

Housing loan company set to lower lending rates

The Housing Finance Corporation (HFC) said on Monday it was poised to lower lending rates while also announcing the imminent roll-out of three new financing schemes. The HFC’s director-general Andre [...]

Saipem 12000 was halted by five Turkish warships

Saipem 12000 drillship, commissioned by Italian energy company ENI, to start drilling operations in block 3 of Cyprus’ Exclusive Economic Zone (EEZ) was halted by five Turkish warships Friday mornin [...]

Mueller files new charges against former Trump aides Paul Manafort, Rick Gates

Special counsel Robert Mueller filed a barrage of new criminal charges on Thursday against two of President Trump's former campaign aides, accusing them of lying to banks to obtain millions of dollars [...]

Local authorities delaying title deed process

The land registry is still waiting for local authorities to decide about properties belonging to buyers who have not received title deeds because of problems caused by the sellers. Head of the departm [...]

RICS: Property prices increase significantly in Q3 2017

An increase of 7.4% in apartment prices and 4.2% in house prices on an annual basis was recorded by RICS’ Cyprus Property Price Index.Across Cyprus, on an annual basis (compared to Q3 2016), the pri [...]

Energy Minister meets with ENI representatives to assess EEZ developments

Energy Minister Georgios Lakkotrypis said he is meeting on Tuesday with representatives of the Italian energy giant ENI, in order to asses on the highest level the available options concerning develop [...]

New cabinet announced

President Nicos Anastasiades announced on Tuesday the composition of his new cabinet, which includes four fresh faces, The president appointed government spokesman Nicos Christodoulides as head of the [...]

Investigation of a company’s affairs

Where it is shown that a more in-depth investigation is required in relation to a company’s affairs to protect its interests, the court may at the request of a shareholder issue a declaration statin [...]

A real estate cause for worry?

AS TIME passes so the pressure on Cyprus from the EU increases. At this point the visa/passports scheme is working well for us and has contributed to the expansion of the economy by 4% this year, wh [...]

Shacolas Tower, Superhome and Debenhams Limassol sold to BoC

Woolworth Properties Plc has agreed to sell three properties worth €44 million to Bank of Cyprus, the company said on Thursday in a filing with the Cyprus Stock Exchange. The deal concerns the Shaco [...]

Click here to get the latest news