Alliance Re announces results

Alliance International Reinsurance Pcl (ALL) reported its 9M07 results, posting a net profit of EUR 11.3 mln compared to EUR 1.4 mln in the same period in 2006 with EPS climbing to

Cyprus GDP per capita at EUR 19820

The GDP per capita for Cyprus in 2007 stands at CYP 11.600 or EUR 19.820, recording an increase of 27.5% compared to CYP 9.100 in 2002. The ranking of Cyprus also improved

Hellenic Bank to list 1.55m shares

The CSE Council announced that it has accepted the listing of 1,548,494 ordinary shares of Hellenic Bank Public Company Ltd, which have resulted from the exercise of American Type Warrants 2003/2007. It

Hadjiioannou Farm to list 6.9m shares

The CSE Council announced that it has accepted the listing of 6,900,000 ordinary shares of Renos Hadjiioannou Farm Public Company Ltd, which have been granted to investors at the price of CYP0.12

CSE informs CCCI on semi-regulated market

The CSE Council had a meeting with the Executive Committee and the Board of Directors of the Cyprus Chamber of Commerce and Industry.  During the meeting, which falls under the CSE policy

Vienna Insurance acquires Ukrainska Strakhova Grupa

Vienna Insurance Group expanded its involvement in the Ukrainian insurance market, continuing its expansion course in Central and Eastern Europe.TBIH Financial Services Group N.V., in which Wiener Stadtische Versicherung AG Vienna Insurance

Cyprus Co-ops to shrink to 150 by end-2007

The current wave of mergers between various Cooperative Credit Institutions is seen accelerating in an effort to lower their number to 150 by the end of 2007, according to the Commissioner for

Emirates makes aviation history… again

Emirates Airline announced another historic civil aviation aircraft order, when it signed contracts this week for 120 Airbus A350s, 11 A380s, and 12 Boeing 777-300ERs, worth an estimated USD 34.9 bln in