Cyprus recorded a 40 percent decrease in asylum applications during 2006, but still has the largest number of asylum applications in relation to its population. According to a report released by Eurostat,
Orphanides (ORF) signed an agreement for the acquisition of the assets and commercial operations of “Goglio Investments Ltd†(GI) that operates a supermarket in Paliometoho, Nicosia. The Company also signed an agreement
The Extraordinary General Meeting of shareholders of Options Cassoulides (OPT) approved the increase of the Company’s share capital from CYP 6 mln (EUR 10,3m) divided into 60,000,000 shares of a nominal value
Offices make a comeback The number of building permits authorised by the municipal authorities and the district administration offices during June 2007 stood at 880, a rise of 5.1% compared with the
The European Commission has provided details regarding its EUR 259 mln aid package for Turkish Cypriots on the first anniversary of the approval of the funds. Out of the EUR 259 million,
The total trade value of goods which crossed the Green Line separating the internationally recognised and EU member Republic of Cyprus with the Turkish Cypriots in the occupied areas almost doubled and
Aspis Holdings (MFS) and Commercial Value SA, a member of Aspis Group in Greece have substantially reduced their stake in Universal Bank (USB), realizing and booking a substantial profit of EUR 3.5
Lebanese banks carry a negative outlook that is reflected in the country’s fragile political environment combined with their high sovereign exposure limiting the evolution of the banks’ ratings, Moody’s Investors Service said
The Business of Wine and Food with Patrick Skinner  Despite the efforts of the Cyprus Tourism Organisation and the presence here, every year, of more than a million British tourists, it
Fourteen years after installing the first hand-held data-collection computers in Cyprus for its sales and stock-taking teams, KEO is replacing its terminals with state-of-the-art handhelds from Intermec, supplied by DataTech Business Solutions.