SFS Group Pcl (SFS), the most widely traded stock on the CSE relative to its market cap is forecasting CYP 10 mln or EUR 17.2 mln in net profit for 2007 following
…19.3% of Interfund now in SFS hands  SFS Group Pcl has purchased the 19.3% stake held by the Proton Bank SA of Greece in Interfund (INF) at a cost of EUR
Egnatia Financial Services have issued a report expecting Hellenic Bank to post CYP 11.6 mln or EUR 19.8 mln in net profit during the first quarter of 2007 for a 69% YoY
Government Spokesman Vasilis Palmas said on Friday that the government had made representations immediately on being informed of a complaint by a Greek Cypriot refugee that the British High Commission in Nicosia
The National Bank of Greece in Cyprus has decided to take legal action against bank employees union ETYK over the two-week strike that has paralysed the bank. Ethniki Cyprus will sue ETYK
The CSE Main Market Index closed the week at 4859.79, 7.5% higher than the previous week’s close of 4518.83, mainly driven by the performance of the heavy-weight banking sector stocks. Open attachment
Cyprus recorded a budget surplus in the first quarter, with total revenue rising by 24.3% to CYP 938.4 mln and total expenditure rising by 15.5% to CYP 890.0 mln. This led to
Figures for April show that Easter brought no reprieve for the Cyprus tourism industry, as arrivals dropped year on year by 8.3% to 189,310. The biggest market, the UK, continues to be
Eutelsat Communications announced that its HotBird 2 satellite has been redeployed to 9 degrees East. Rebranded Eurobird 9, the satellite’s entry into service marks the opening of a new video neighbourhood, which
Motorola, Inc. has invited the world to experience the evolution of the RAZR brand as it unveiled RAZR(2), the ultimate iconic feature phone. Available July 2007 in several markets, the next-generation device
