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,

Ermes adds Peacocks to high-street stable

First store on Nicosia’s Ledra Street The Shacolas Group has added the Peacocks affordable family brand to its stable of high-street retail stores that now include Ermes, Debenhams, Next and Adam’s. Peacocks,