Orphanides declares 1c dividend

The Board of Orphanides Supermarkets (ORF) approved the payment of a dividend of 1 cent per share representing a dividend yield of 4.5% and a dividend payout ratio of 26% of profits,

Vision acquires UK company

Vision International People Group Public Ltd (VIP) announced the acquisition of the 100% of the share capital of Total Eclipse International Ltd for GBP 50.000 in cash. The decision to proceed with

Credit card spending up 10% in Q1 ‘05

Spending by credit card increased by 10% year-on-year in the first quarter of 2005, according to JCC Payment Systems Ltd., the credit card processing company owned by the banks. During the first

Cyprus sees fastest unemployment rise

Unemployment in Cyprus saw the fastest rise in the EU in February, according to the latest figures from the European statistical service, Eurostat. Unemployment, as measured on an EU-compatible basis. shot up

Cyprus Catholics mark Pope’s death

Catholics in Cyprus gathered for Holy Mass at the Holy Cross church in Nicosia Sunday to pray for the soul of Pope John Paul II who died on Saturday night. The crowd

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