Lanitis Development Pcl (LDL), the owners of the Aphrodite Hills Golf course and resort and managers of Intercontinental Hotel announced that an institutional investor has expressed an interest to submit a bid for the company, helping the stock rally limit-up 17.8% to 38 cent on limited volume of CYP 64k. Lanitis Development, which earlier released
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Lanitis Development Pcl (LDL), the owners of the Aphrodite Hills Golf course and resort and managers of Intercontinental Hotel reported that total turnover during the first half of 2006 jumped 125% YoY to CYP 15.38 mln from CYP 6.84 mln a year ago in the same period. Property sales contributed most of the increase jumping
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Cyprus Foreign Minister George Lillikas said it is time to undertake initiatives to begin a dialogue with all parties involved for the return of the Road Map as the only procedure capable of leading to a solution of the Middle East issue. Speaking before departing to Brussels where he will attend the EU Foreign Ministers
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Tourism arrivals increased by 0.7% YoY to 341.443 in July 2006 compared to 338.972 in July 2005, the Statistics Service reported. In July 2006 there was an increase of 0,8% of tourist arrivals from the United Kingdom (from 192.792 in July 2005 to 194.385 in July 2006). In addition there was an increase of 25,9%
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When Foreign Minister George Lillykas goes to Beirut on Thursday to meet his Lebanese counterpart, he will undoubtedly be showered with words of praise from the Lebanese government for Cyprus’ rapid response and humanitarian support provided during the whole crisis these past six weeks. However, once the diplomatic chit-chat is over, the two sides should
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— Property deals in Romania, Bulgaria Demetra Investments Public Co. Ltd. is continuing on its diversification path as it seeks to play a crucial role in the commercial, investment and private equity projects in Cyprus, according to its Chairman Stavros Evagorou. Demetra Investments was listed on the CSE in April 2000 as an approved investment
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