International Banking Units based in Cyprus (previously known as “offshore banks”) are rushing to buy Cyprus pounds in order to comply with a Central Bank of Cyprus directive ordering them to hold
The situation that has ensued at Ledra Street in the capital with the Turkish occupation forces advancing into the UN-controlled buffer zone, will be debated this week at the United Nations, British
Narrower gap of revenue versus growth Revenue from tourism reached CYP 120.5 mln in October 2005, 3.9% higher than in the same month of the previous year, according to the results of
The European Commission has published an online questionnaire on how individual legal professionals and law firms apply anti-money laundering obligations. The information gathered will be used for the preparation of a report
The Cyprus Securities and Exchange Commission decided to suspend the operation license of the Cypriot Investment Firm numbered IF 042/04, Inter P.I.D. Financial Services Ltd due to non compliance with the Legislation
The five unions representing staff employed at Cyprus Airways agreed to new talks with management in an attempt to bridge the gap between the two sides regarding the level of cutbacks and
Aristo Developers Public Co. Ltd. has decided to declare a 1.56 cent dividend out of 2003 profits, which at current prices prevailing on the CSE gives a dividend yield of 6%. The
