Bank of Cyprus to double in size by 2010

Bank of Cyprus Pcl (BOC), the island’s largest financial institution now expanding into Romania, Russia and the Ukraine in addition to its extensive operations in Greece, UK and Australia is on course

ECOFIN accepts Cyprus’ VAT exemption

European Union Finance Ministers have accepted a request from Cyprus to postpone VAT on the purchase of foodstuff, medication and restaurant services until the end of 2009. The decision was taken unanimously

Cyprus and Kyrgyz Central Banks sign MoU

The National Bank of Kyrgyz Republic and the Central Bank of Cyprus, expressing their mutual interest and willingness in establishing and promoting bilateral ties in the domain of supervision of credit institutions,

BOC EGM approves euro shiftover

The Extraordinary General Meeting (EGM) of the shareholders of Bank of Cyprus, held on 5 December 2007 in Nicosia, which was attended by 1.387 shareholders, either in person or by proxy, who

Nokia completes Avvenu acquisition

Nokia announced that it has now completed its acquisition of Avvenu www.avvenu.com, initially announced on December 4. Avvenu is a company providing secure remote access and private sharing technology that allows users

Motorola to deploy WiMAX network in Pakistan

Motorola, Inc. announced an agreement with long-standing customer Mobilink (an Orascom Telecom company) to deploy a WiMAX 802.16e-2005 access network for the operator in Pakistan. Under the terms of the agreement, Motorola