Options Cassoulides Pcl (OPT)Â reported a satisfactory 9.6% YoY increase in net profit during 2006 to CYP 1.37 mln or EUR 2.37 mln compared to a net profit of CYP 1.25 mln or EUR 2.16 mln in 2005, despite a near flat revenue figures. EPS was recorded at CYP 0.03 (EUR0.051), compared to CYP 0.027
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New Nicosia Area Control Centre will enhance the safety of air traffic in the Mediterranean region, Cyprus Minister of Communications and Works said today during the ceremony for the placement of the foundation stone of Nicosia Area Control Centre in Kokinotrimithia Industrial Area, held at the presence of Eurocontrol Director General Victor Aguado.In a speech,
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The Turkish occupying army’s denial to withdraw its forces from the area and the Turkish Cypriot leadership’s inability to impose such a withdrawal is the main but not the only impediment to the opening of a crossing point at Ledras Street, Cyprus President Tassos Papadopoulos has said.Papadopoulos’ remarks came one day after Turkish Cypriot leader
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EFG Eurobank, Greece’s third largest financial group has announced its intention to expand into Cyprus through the establishment of its first branch here by June 2007, according to local sources. Eurobank CEO Nikola Karamouzi had a meeting with the Governor of the Central Bank of Cyprus, Christodoulos Christodoulou, with Eurobank officials stating that they welcome
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Romanian fixed and greenfield mobile operator, RCS & RDS, has selected Nokia as its WCDMA 3G core and radio network supplier. With Nokia’s support the operator will be able to quickly enter the Romanian 3G mobile market and offer a wide range of services under the brand name Digi.Tel. “Acquiring new customers and generating customer
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Cyprus Interior Minister Neoclis Sylikiotis issued a new preservation order on Friday for the disputed estate of the Melkonian school in Nicosia which could cause indefinite delays to the administrators’ efforts to dispose of the land. The order was published in the Official Gazette and has immediate effect, which means that no one can harm
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Areeba, the alternative mobile phone operator in Cyprus, is offering new subscribers of the Pay Monthly service a choice of acquiring a new mobile phone at extremely low price or even for free. Further information regarding the offer which is valid until March 31, is available from the company’s website www.areeba.com.cy or any Areeba shop in
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The first international seminar of the EuroMed Info Centre (www.euromedinfo.eu), which is managed in Brussels by Cyprus-based Action Global Communications, is to be held in Nicosia next Monday, March 5. The one-day seminar will focus on the work of the EuroMed Info Centre, a European Commission-funded project established in October 2005, and will look at
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California is one of the world leaders in emissions controls and often slaps heavy fines on motorists and industrialists who contribute to world pollution with their gas guzzlers and inefficient factories. This message was driven home even more eloquently over the weekend, not by the Oscar awards that went to “An Inconvenient Truthâ€, Al Gore’s
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By Angelos Loizou  January 1st was a benchmark date for Cyprus and Cypriot economy since it was the starting point of the 7th EU Funding Framework Programme (2007-2013 period) which will be one of the factors that will determine our island’s position in the enlarged European family. Investment in innovation across the European Union
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