Alternative ownership limit raised to 90% The CSE is undergoing a radical change following the agreement in principle by the Securities & Exchange Commission of the rules and regulations of the Main, Parallel & Alternative market, with the most important component being the change in the takeover law. The proposal submitted by the CSE gives

The construction industry, the largest employer on the island and described by many as the bastion of the economy, is under threat and constant attack according to Costas Michaelides, Chairman of the CSE-listed Costas Michaelides Constructions. Long delays associated with the issue of permits, rampant violation of safety rules by sub-contractors, massive cost increases in

Bank of Cyprus shares in Greece and Cyprus roared to a new record close on Wednesday, which was instrumental in pushing the CSE GENX to a fresh closing high for the year. BOC shares in Greece ended at EUR 4.32 or CYP 2.47 on heavy volume of 1.32 mln shares for a value of EUR

The banking industry is about to go through a shake-up that will open the whole of the EU market to consumer credit. Among other things, this should allow EU residents of Cyprus who continue to be denied credit just because they have not yet got round to applying for permanent residency to find another taker

Cyprus and Egypt signed a Memorandum of Cooperation in the areas of science and technology on Monday. The agreement, signed by Cypriot Minister of Commerce, Industry and Tourism George Lillikas and Egyptian Minister of Higher Education and Scientific Research Dr Amr Ezzat Salama, includes cooperation between scientists from both countries, the development of common programmes,