FBI expects better results

Alkis H. Hadjikyriakos (Frou Frou Biscuits) Pcl (FBI) issued a positive profit warning regarding its first half results mostly as a result of containment in operating expenses and improvement in gross profit.

CLR approves bonus shares

CLR Capital Pcl (CLR) received shareholder approval during the Extraordinary General Meeting of shareholders for the issue of 28,469,830 bonus shares of nominal value of 10 cent each to be distributed to

3-year bonds for individuals

The Central Bank of Cyprus announced the issue of up to CYP 8 mln Government Registered Development Stock (GRDS) with three years duration and interest of 3.75%, which is open to individuals

Laiki rights to trade next Monday

The CSE Council and the Association of Financial Service Providers (KEPEY) with the consent of the Securities & Exchange Commission agreed to allow the trading of the Laiki Bank rights in one

Poland and Cyprus in energy, commerce talks

Cyprus and Poland are in talks about co-operation on a range of issues, including energy, it emerged on Thursday. The recently appointed Minister of Commerce, Industry and Tourism, Antonis Michaelides, met Poland’s

ECB hints at 25bp in August

At the meeting of the Governing Council of the European Central Bank on Thursday July 6 the Council decided that the minimum bid rate on the main refinancing operations and the interest

BOC seeks approval for Emporiki bid

Bank of Cyprus Pcl has applied to the Cyprus Competition Commission seeking approval of its bid for control of Emporiki after it secured the relevant permission from the Greek Capital Markets Commission