Cyprus tourism revenue drops in April

Hoteliers call for accelerated reform Revenue from tourism in Cyprus dropped by a huge 14.0% compared with the same month of the previous year in April, having risen by 13.2% year on

Louis buys another cruise ship

Louis Plc annouced it has agreed to buy the 682-berth Aegean I through a Group subsidiary for USD 5,4 mln (CYP 2.45 mln). The 11,563-tonne ship had been operating four-day cruises from

S. Kallis resigns from USB

The Board of Directors of Universal Bank (USB) announced Thursday that it has accepted the resignation, with immediate effect, of Sotiris Kallis from its board, following his appointment to the board of