Astarti declares interim dividend

The Board of Astarti Development Pcl (AST) approved the payment of an interim dividend of 1 cent per share to all shareholders registered as at 16 October 2006. The ex-dividend date is

Fiscal deficit worsens

State finances showed a mild deterioration in the first seven months of 2006 according to data released by the Cyprus Finance Ministry. The fiscal deficit increased from CYP 71.1 mln in the

BOC in share options scheme

The Board of Directors of Bank of Cyprus Public Company Ltd decided at its meeting held on 14 September 2006 to issue Share Options 2006/2007 to the Group permanent employees in Cyprus

Turnover rises for Cyprus hotels and IT

Data on the turnover of services by value show that hotels and computer services enjoyed a stronger second quarter, while lawyers and accountants seem to be having a bumper year. In the

Europe dominates tourist numbers

The Statistical Service published the report “Tourism Statistics” for the period January-June 2006, which provides detailed data on the movement of travellers, tourist flow, revenue from tourism and movement of permanent residents

BOC to open 5 branches in Russia, Romania

Bank of Cyprus Pcl (BOC) has ruled out takeovers in Russia and Romania where it has secured regulatory permission to expand, with a senior bank official telling Bloomberg that “in the initial