Cyprus industrial production up in September

The Index of Industrial Production for September 2005 reached 120.6 units (Base 2000=100). For September 2005 the Index recorded an increase of 1.7% compared to September 2004. For the period January –

CDB to issue CYP 8 mln bond

The Cyprus Development Bank (CDB) will proceed with the issue of 10-year Non-secured Subordinated Debentures (Tier 2 Capital). The funds will be used to strengthen CDB’s capital adequacy ratio, which stood at

Coullapides suspended until dissolution

The CSE announced the suspension of trading of titles of Andreas Coullapides Public Company Ltd from December 1, 2005 and until its delisting, following a decision by shareholders to back a voluntary

BOC rights rally on arbitrage trades

Bank of Cyprus rights (BCRI) rallied 16.78% on Friday to a fresh high of 17.4 cent amid intense arbitrage activity as major funds and investment managers sold rights in Greece and bought

Cyprus rates remain on hold

The Monetary Policy Committee (MPC) voted 5-1 on Friday to maintain unchanged the official interest rates of the Central Bank of Cyprus, that is the interest rates on the marginal lending facility

Go mobile with areeba

Areeba, the island’s alternative mobile service provider has launched its Areeba Mobile Data Card allowing users mobility and access to the Internet at the fastest speed available. Geared mostly at notebook users,