The number of building permits authorized by the municipal authorities and the district administration offices during August 2007 reached 558, compared with 585 in August 2006. The total value of these permits
The total sales of petroleum products in September 2007 recorded an increase of 3.6% compared to the previous month, according to the Statistical Service Cystat. Cystat attributed the increase mainly to a
The Estonian Financial Supervision Authority and the Central Bank of Cyprus have signed a Memorandum of Understanding expressing their mutual interest and willingness in establishing and promoting bilateral ties in the domain
The Council of Ministers approved a package of measures, with immediate effect, in support of stockbreeders, whose farms have been affected by the outbreak of Foot and Mouth Disease (FMD). Announcing the
The Cyprus Stock Exchange announced the suspension of trading of Rights of Sea Star Capital Plc Ltd from Monday, November 12, 2007 till Thursday, November 15, 2007 (inclusive), that is, until the
The Advisory Committee of the FTSE/CySE20 index has decided to revamp the index after taking into consideration the past performance of the index from April until end of September 2007. The companies
Hermes Airports Ltd recorded another strong month in October for passenger traffic at Larnaka and Pafos International Airports. Nearly 776,000 passengers travelled through the two Airports in October 2007, a 3.94% increase
The dollar fell to a record low against the euro on speculation financial-company losses from U.S. subprime-mortgage defaults will grow, prompting the Federal Reserve to cut interest rates for a third time
Moody’s Investors Service has assigned a D- bank financial strength rating (BFSR) and B3/Not-Prime foreign currency deposit ratings (FCDRs) to Bank of Beirut. The bank has also been assigned a Ba3/Not-Prime global
Moody’s Investors Service has changed the outlook to ‘negative’, from ‘stable’, on the B1 government foreign- and local-currency bond ratings fro Pakistan following President Musharraf’s imposition of emergency rule during the weekend.