Oil rose by almost a dollar a barrel on Monday as investors considered the prospect of a further OPEC supply cut and as stock markets rallied following the U.S. government rescue of
France and Germany distanced themselves on Monday from a British plan to cut sales taxes in an effort to boost its economy, saying they preferred targeted aid that would encourage investment and
Cyprus has complained to the United Nations, saying a Turkish warship harassed two oil and gas exploration vessels earlier this month. The move is likely to cast a shadow over talks aimed
The fundamental credit outlook for the Irish banking system is negative, reflecting the increased potential for a further weakening in asset quality, loan volumes and profitability in a domestic economy that is
The financial sector of the United Arab Emirates cannot remain immune to the global financial crisis, and Moody's Investors Service will continue to monitor the liquidity profile of UAE banks, according to
Cyprus spent a total of EUR 1.02 bln on expenditure in public and private education for the year 2006 according to figures released by the Statistical Service. The report notes that the
Football fans will be getting a taste of Famagusta, home of Anorthosis football club, before the kick off of the game between Anorthosis and Werder Bremmen, to take place on Wednesday at
Charilaos Apostolides Public Ltd (CHAPO) announced that Giorgos Photiou, Board member and shareholder of more than 5%, proceeded with the purchase of 3,415,000 shares of CHAPO against EUR0.14 each by Demetra Investment
Cyprus Permanent Representative to the UN Minas Hadjimichael has said that 2008 was a year of renewed hope for Cyprus, as direct negotiations between President Demetris Christofias and Turkish Cypriot leader Mehmet
House President Marios Garoyian has stressed that the Republic of Cyprus will continue to claim, without any discount, the right of the refugees to return to their homes. Speaking yesterday to Karmi
