Discussions at the Highway Communications seminar last Thursday on “Trends in Global Corporate Governance: An Economic Perspective” highlighted some of the peculiarities of corporate governance in Cyprus, such as large family ownership and the very low pay of non-executive directors. In a later interview, Costas Hadjimarkos, Louis Group Secretary to the Board of Directors and

The CSE Council approved the public offer made by Gerik Investments Ltd, a subsidiary of A. Panayides Contracting Pcl, for the acquisition of part of the share capital of PHA not controlled by its associated parties. The associated parties and other parties related to them control 56.53% of PHA’s share capital. The consideration is comprised

STOXX Ltd., the leading European index provider, announced that it will launch the first pan-European select dividend indexes. The indexes, the Dow Jones STOXX Select Dividend Index – covering Europe – and the Dow Jones EURO STOXX Select Dividend Index – covering the Eurozone – track high-dividend- paying stocks. The launch of the new indexes

Cyprus stocks regained their upward momentum, with the Main & Parallel market index recording gains of 4,14%, according to Hellenic Bank Investments Ltd. The market was digesting preliminary full-year earnings, which as a whole could be viewed in a positive light. Average daily trading volume was a little lower than the prior week at CY

Cooperation between the Cyprus Stock Exchange (CSE) and the Athens Stock Exchange (ASE) to create a common platform “marks a new era for the Cypriot stock exchange,” said CSE President Akis Kleanthous. In statements after the signing of the cooperation framework between the CSE and ASE to form a common platform that will support the