Aristo to fetch in excess of CYP 100 mln

…bid backed by foreign bank? Aristo Developers Pcl (ARD) secured from the CSE a second day of suspension of its shares pending the outcome of intense negotiations aimed at finalizing the takeover

Cyprus retail sales accelerate in October

According to provisional figures, retail sales volumes accelerated in October, rising by 10.7% in October 2006 over October 2005, compared with a year-on-year increase of 9% in September.  For the period January-October

Cyprus police foil Internet theft

Police in Limassol have arrested a man and a woman in connection with internet theft. According to investigators, the foreign woman had gone to a local bank and opened an account without