Fourlis to open IKEA in Cyprus

The Greek based Fourlis group announced that it has signed the contracts for the construction of the first IKEA store in Cyprus, through its House Market subsidiary. The new IKEA store will

DB ups price target on BOC

Deutsche Bank has revised its price target on the shares of Bank of Cyprus following the positive profit warning issued by the Bank regarding its third quarter results. DB now expects BOC

UK deputy prime minister to visit Cyprus

British Deputy Prime Minister and First Secretary of State, John Prescott, will visit Cyprus from October 24 to 26. The visit will be held ahead of the informal European Council on the

BOC gets SEC approval for rights

The Securities & Exchange Commission approved the application filed by Bank of Cyprus Public Co. Ltd. to proceed with the publication of its prospectus for the rights issue, aiming to raise CYP

BOC rights trading timetable

Bank of Cyprus announced that following the green-light from the SEC regarding its rights issue, the following timetable will aplly. BOC made particular mention that the prospectus is not for release in