Syrian cargo ship sinks off Cyprus

A Syrian cargo ship traveling from Egypt to Syria, carrying 1,300 tones of sugar, sank early this morning 94 nautical miles east of Cyprus, due to rough seas.Seven persons were aboard the

EU Ministers ask for measures to face drought

Agriculture Ministers of eight EU Mediterranean countries have decided to present to the European Commission a common proposal seeking action for drought striken countries.The Ministers, who met Sunday in Nicosia for the

Sterling at 14-year high vs. dollar

Sterling hit a 14-year high against the dollar on Tuesday, following highs hit against the Japanese yen and euro as investors chased the pound’s yield appeal. Sterling hit $1.9859 — its highest

European year for Equal Opportunities

The 2007 European Year for Equal Opportunities for All (EYEO), which will kick off in Berlin on January 30th at the first ever Equality Summit, launched its new website and published the

Bank of Cyprus share options to list

Bank of Cyprus Public Company Ltd announced that on January 25, 2007, the CSE and the ATHEX will allow the listing of 770.840 new ordinary shares of the Bank resulting from the

Logitech targets Mideast digital music market

Logitech, the world’s leading manufacturer of personal peripherals, has launched the new Wireless DJ Music System to capture a larger chunk of the Middle East region’s US$ 58 mln digital music industry.