LTV prepares for dual listing

Book-building to decide on price Actual listing in Q1 2006 Subscriber channel Lumiere TV Public Co. Ltd. is awaiting word from the SEC paving the way for its simultaneous dual listing on

M&As hit CYP 106 mln in 2005

Greeks continue to snap up Cyprus companies Mergers and acquisitions (M&As) in Cyprus climbed 23% year-on-year during 2005 to CYP 106.39 mln compared to CYP 86.39 mln in 2004, as Greek investors

Low hopes for Cyprus breakthrough in 2006

“Greek Cypriot PR machine is failing” Elections in Cyprus in 2006 and in Turkey in 2007, a feeling on both sides that too many concessions have already been given, a political culture

Russian money transfer arrives in Cyprus

Unistream, a Moscow-based money transfer company, has applied to the Central Bank of Cyprus to obtain a license to operate a money transfer business on the island. The new company, Unistream Cyprus,

CAIR pilots to strike next week

Cyprus Airways pilots will carry out a four-hour warning strike on February 9 from 4 to 8pm, protesting outside the parliament building in Nicosia at the way the government, the airline’s board

BOC lifts targets higher

…ROE to 16% by 2008 The Board of Directors of the Bank of Cyprus Public Company Ltd reviewed the Group’s strategic plan for the three-year period 2006-2008 and based on extemely favourable