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Marfin Investment Group (MIG) announces the acquisition of a 50% participation in the company “Attica Akinita” (Attica Properties). The acquisition will take place via a share capital increase, in which the existing

Forget small and medium sized enterprises: the Cypriot economy is dominated by micro-sized businesses, with only 4.7 persons employed per enterprise on average, according to the Census of Enterprises carried out by

The trade deficit in Cyprus rose to CYP 637.4 mln in January-March 2007 compared with CYP 587.2 mln in January-March 2006, according to revised figures. Total imports/arrivals (covering total imports from third

Ocean Tankers Holdings Public Company Ltd said that the Company’s management achieved the following time charters: 1. Tanker M/T “Eleoussa Trikoukiotissa” renewed the existing time charter with Herning Shipping SA for the

By Fiona Mullen   In an article published in January, I asked whether the Cyprus economy was decoupling from tourism. I cited the unusual combination of falling tourism numbers but rising real

Uisge Beatha – a new concept for new operators   ‘Uisge Beatha’, the water of life, is the first of its kind malt whisky concept that has opened inside the partly refurbished

BullGuard, specialists in user-friendly PC and mobile security solutions, submitted its BullGuard Internet Security product for the prestigious Virus Bulletin 100 test for the first time this year and passed with flying

Motorola, Inc. is expanding its MOTOwi4 solutions to provide and extend wireless and networking coverage to indoor spaces. With the new wi4 Indoor solution, Enterprise wireless LAN (WLAN), service providers, governments and