EIB funds in Cyprus reach €1.5 bln

The European Investment Bank had been active in Cyprus since 1981, but its financing facilities rose dramatically in 1996 after Cyprus started EU accession talks. In the past 12 years, EIB funding

Bank of Cyprus renews top brass contracts

The Bank of Cyprus board has decided to renew the employment contracts of its Group CEO, Andreas Eliades, and Group Chief General Manager, Yiannis Kypri, for five more years. The new contracts

New Masters from TEPAK, Harvard in Cyprus

The Cyprus Technological University (TEPAK) and the Harvard University Public Health School have agreed on four master's programmes and new doctorate programmes for the period 2009-2013. The Council of Ministers has approved

Another poor quarter for European IPOs

Europe’s initial public offering (IPO) markets have endured another poor quarter with just 28 new listings in the three months up to June 30, although the EUR 456 mln raised was a

Cyta profits rise to EUR 103 mln

The state owned telecoms giant Cyta reported a 7% increase in revenue last year to EUR 484.32 mln compared to EUR 454 mln in 2007, while net profits climbed 27% YoY to