Following previous announcements relating to the acquisition of 30% of the share capital of M.S. (Skyra) Vasas Ltd (MS) by Cyprus Cement Public Company Ltd (CCC) and 20% of the share capital
Citigroup commenced coverage on Bank of Cyprus Pcl with a price target of EUR 14 per share and a “buy/medium risk” recommendation in a research note dated January 4, 2007, placing the
…boosts total market cap by EUR 3.8 bln to EUR 16.3 bln  Marfin Popular Bank Pcl (CPB) lifted the Cyprus Stock Exchange by a whopping 3.5% in mid-day Friday trading and
The Inland Revenue Department reported total receipts of CYP 742 mln in the first eleven months of 2006 until end of November, up 34.5% year-on-year compared to CYP 551.5 mln in the
Turkish Cypriots halted demolition work on the controversial pedestrian bridge within the buffer zone at the end of Ledra Street late Friday because of the Kumran Bayram (Eid El Fitr) Moslem holiday
Edited by Michael Kyrou CFA Vice President CFA Society of Cyprus   Although hedge funds were once solely an investment vehicle for wealthy individuals and institutional investors, the industry has undergone enormous
By Dr. Jim Leontiades Cyprus International Institute of Management  The recent spate of merger and acquisition activity should not have surprised anyone. Moreover, it is far from over. Membership in the
A new international recognition was awarded to the Cyprus International Institute of Management with the accreditation of its MBA and MPSM programmes by the European Foundation for Management Development (EFMD) with the
Chancellor Angela Merkel plans to use Germany‘s European Union presidency in the first half of 2007 for a last-ditch effort to save the bloc’s failed constitution while pushing forward on other key
After a three month absence from raising funds from the local market, the government finally made its appearance when on January 2, 2007 it decided to raise CYP 150 mln through bond
