Economy

€700 million fraud uncovered in Piraeus port operation

A massive €700 million fraud operation centred around the port of Piraeus has been uncovered following a major cross-border investigation led by the European...

Pafos FC owner Roman Dubov rejects multimillion euro buyout offer

Pafos FC owner Roman Dubov has revealed he rejected a multimillion euro proposal to sell the club, stating that his work in Cyprus is...

REMU property sales hit €200m, 2025 goal met early

The Bank of Cyprus’ Real Estate Management Unit (REMU) has exceeded its property reduction target for the year two years ahead of schedule, following...

Record €130m Cyprus real estate sale finalised

A landmark Cyprus real estate sale exceeding €130 million has been finalised, marking the largest property transaction ever recorded on the island. The iconic...

Shell-BP takeover rumours rattle global energy markets

Reports of a potential Shell takeover of BP caused brief turmoil on global markets this week, before both companies moved to deny the speculation. On...