Bank of Cyprus bid for Cytrustees approved

Bank of Cyprus Public Company Limited announced that on 16 February 2007, the Cyprus Stock Exchange (CSE) has approved its Offer Document for the Competitive Revised Public Offer of Bank of Cyprus

Cyprus motor regs up 24% in Jan-Feb

November’s cut in car excise duties has led to a boom in car sales in Cyprus. The total registrations of motor vehicles increased by 24.4% to 9,842 in January – February 2007,

Chaos at Cyprus Company House

Accounting and consultancy firms, as well as lawyers and professional organizations are up in arms over the vacuum created at Company House, after the Supreme Court overturned a previous Civil Service Commission

EU web site explains MiFID

The European Commission has launched an interactive website where stakeholders, including firms, trade associations and investors, can ask questions relating to the recently finalised Markets in Financial Instruments Directive (2004/39/EC) (MiFID) and

CSE extends Aspis bid for Universal Bank

The CSE Council announced that in agreement with the Securities and Exchange Commission and pursuant to Regulation 15(7), it decided to extend the period of acceptance of the revised Public Offer by

Cyprus embarks on licensing process for oil

The first Licensing Round Offshore Cyprus to grant licences to explore and develop hydrocarbon deposits began formally.An official press release, issued today, says that ”the Licensing Round is based on the PGS