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Industrial output recorded an increase in May, rising by 3.4% compared with the same month of 2005. All categories of industry rose: manufacturing rose by 2.3%–the first rise in 6 months—mining and

Bank of Cyprus Public Company Ltd announced that George David resigned from his position as member of the Board of Directors, effective July 28. The resignations follows a similar move by Demetris

Bank of Cyprus saw bullish upgrades from foreign investment houses following the release of the first half results, which saw profits climb to CYP 85 mln, more than analyst expectations. UBS, the

Specialized Technical Services (STS), a leading e-payment solutions provider in the Middle East, has signed a US$ 350,000 deal with Jordan Kuwait Bank (JKB) to implement a cutting edge core banking system