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Cyprus Airways (CAIR) announced the sale of its A320 Airbus aircraft to the US-based Aeroturbine Capital Corp. for USD 11.150.000 in cash. The A320 will be delivered in the next few days,

ANALYSIS Investment strong, but build-up of stocks a concern Financial sector also booms Preliminary figures from the Statistical Service (CYSTAT) giving a full breakdown of gross domestic product (GDP) figures in 2004

The government is planning to purchase the 8 year-old desalination plant at Dhekelia, ahead of the expiry of the contract with owners Karamontani in 2008, with a view to offering a BOT

After what appeared to be a slowdown in motor vehicle registrations in December and January, motor vehicle registrations resumed their year-on-year climb in February, rising by 27% compared with February 2004. Passenger