Standard & Poor’s Ratings Services said today it affirmed its ‘AAA’ long-term and ‘A-1+’ short-term sovereign credit ratings on the Federal Republic of Germany. The outlook is stable. A detailed full analysis
The Board of Directors of Aspis Holdings Pcl (MFS) announced its decision to proceed with a Public Offer to acquire a minimum 51% up to a maximum of 100% of the share
…European Investment Bank also wants to sell  Following the recent Council of Ministers decision for the disposal of the government’s 88,01% stake in the Cyprus Development Bank, the process for inviting
Captain Dirk Fry, chief executive of Columbia Shipmanagement Co. and president of the Cyprus Shipping Council, has been elected to the boards of both the International Chamber of Shipping (ICS) and the
The Chief Executive Officer of Aspis Holdings Plc, Lambros Christofi, filed a legal action (no. 738/200) to the Nicosia District Court against the Insurance Superintendent, Victoria Natar, demanding compensation of more than
Marfin Popular Bank Public Co Ltd announced the pre-agreement for the acquisition of 50.12% of the share capital of “AS SBM Pank†against the sum of EUR6,432,065. The acquisition is subject to
— Troubled carrier to raise CYP 3.6 mln from 6-day offer  The troubled national carrier, Cyprus Airways, launched a six-day marketing campaign Thursday to sell 60,000 tickets to six destinations to
Panasonic has launched the DMC-TZ3 and DMC-TZ2 digital cameras from the Lumix TZ family in the Middle East market with a remarkable 10x optical zoom lens in a compact, stylish body. Both
Antonis Skoullos, until recently the Strategic Sales Manager of Oracle Cyprus, has taken over as Managing Director of the company after Pavlos Hadjidemetriou was promoted to Regional Director Network Partners for Oracle
Areeba has introduced ‘Holiday Chat – 30 days Pack’, a special pay-as-you-talk package for visitors to the island who want to stay in touch with home at low prices without paying roaming
