Options to proceed with rights issue

The Board of Directors of Options Cassoulides Plc decided to call for an Extraordinary General Meeting on September 20, 2007 at 16.00 at the Company’s Head Office to examine and approve the

Woodland to list on the CSE

The CSE Council announced that it has accepted the listing of 13,000,200 shares of Woodland Designs Plc in the CSE Alternative Market. Trading will commence on Friday, August 10, 2007 and the

Amathus Cyprus gets new website

Amathus Public Ltd., the travel and transport arm of the Lanitis Group, has launched a new bilingual website, www.amathus.com, that leans more towards the retail travel sector rather than the activities of

Cyprus tax revenue up 50% in 1H07

The Cyprus Inland Revenue Department (IRD) announced that revenue for the period January –June 2007 increased by 50% YoY to CYP 457.6 mln mostly on the back of a recovering economy, a

Hellenic Bank issues positive profit warning

Hellenic Bank issued a positive profit warning for its second quarter financial results scheduled to be announced on 29 August 2007, adding that based on preliminary indications, first half profits are expected

Water levels in reservoirs drop dramatically

Water levels in the island’s reservoirs have dropped to 18% or 49.2 million cubic metres of the total capacity, compared with 36.1% or 98.8 m. cubic metres in the corresponding period last