CallSat Telecom, one of the leading independent telecom firms of Cyprus has launched its Telephone Directory Inquiries service with the number 11–8–33, offering three new features, where company officials believe will help them break into CyTA’s lock on the market. Aghis Panaretou, Chairman & Managing Director of CallSat Telecom said during a news conference that

Bank of Cyprus shares closed Tuesday at a fresh record high of EUR 4.24 or CYP 2.43 on heavy volume of EUR 4.42 mln or CYP 2.5 mln in Greece, which was four times the total volume transacted on the CSE. The widening gap between the traded price in Greece and Cyprus is normally seen

The registered unemployment rate in Cyprus recorded 3.3% in September 2005, slightly higher than September 2004, when a rate of 3.1% was recorded. However, it was lower than the 3.6% recorded in August. The total number of unemployed rose by 702 persons compared with September 2004 but fell by 1,073 compared with August 2005. Registered

The Board of Directors of Global Consolidator (GLC) decided at a meeting held on October 3 to approve the sale of certain departments of the IT sector (except for 2) to the Managers and staff of the department. The payment has been set at CYP 700,000. The departments that have not been sold and are

Cyprus Trading Corporation Public Ltd announced that the International Court of Arbitration of the International Chamber of Commerce based in Geneva, decided in its favour and against the French company, Lesieur. The Court ordered Lesieur to submit to CTC the sum of CYP 293.638,46 and EUR 73.771,50 as compensation for the illegal termination of their