Muskita lifts sales, but profits dip

Muskita Aluminium Industries Pcl managed to lift overall sales during 2005, but net profits declined due to higher depreciation, finance and energy costs. Total turnover increased by 5.89% to CYP 29.22 mln

BOC in solo rally to new highs

Bank of Cyprus shares made a solo rally on the Cyprus Stock Exchange as Cypriot investors rushed to mark the Bank’s shares 13c or 3.62% higher in a vain attempt to keep

Lycourgos loses Cyprus Supreme Court appeal

The Supreme Court rejected the appeals of former chairman of AremiSoft, Lycourgos Kyprianou, and his wife, Ermioni, on Monday, as well as of their subsidiary holdings, ruling that these were unwarranted and

miVision seeks content providers in Cyprus

— CyTA to enter with Quadro Play miVision, CyTA’s digital platform, is seeking to strike new deals with content providers from Cyprus and abroad, as CyTA rushes to boost the total channels

ECB to assess Cyprus strictly

— Trichet hints at rate hike The first concrete indication of the European Central Bank’s assessment of Cyprus’ progress towards adopting the euro will come this autumn when the ECB will publish