Hotels face tough CTO test

The Chairman of the Cyprus Tourism Organisation (CTO) told a House Finance Committee meeting discussing the CTO budget that the organisation intends to submit tough criteria on the classification of hotels as

CSE slumps in nervous trade

Share prices nose-dived on Tuesday by 3% amid intense nervousness with investors rushing to book their recent gains as sentiment in the market changed following steep losses recorded by the shares of

Louis resumes Holy Lands pilgrimage

Louis Cruise Lines is to resume it’s one-time popular itinerary to the Holy Lands after an absence of four years with four to five cruises planned for this year, Group Chairman Costakis

Chris Joannou profits decline

Chris Joannou (CJ) saw its net profits decline by 31% year-on-year to CYP 70.431 in 2004 from CYP 101.654 in 2003, despite an increase in total sales to CYP 4.86 mln from