Cyprus air traffic up in April-May 2007

An increase in aircrafts traffic by 5.6%, by 1.0% in passengers traffic and by 2.3% in cargo traffic was recorded during April 2007 at Larnaca International Airport, whereas in May 2007 aircrafts

CyTA and Areeba cut roaming charges

New rules aimed at slashing the price of mobile phone calls made abroad in the European Union come into effect this week, with EU regulators promising to name and shame non-compliant companies.

Manufacturing inches up in May

Manufacturing output in Cyprus inched up May, as the index rose by 0.1% compared with May 2006 to 112.5 (2000 = 100).  The fastest rising category was production of transport equipment, up

Tourism income shows a rare increase

Tourism income in Cyprus recorded a rare increase in May, as revenue from tourism recorded CYP 119.8 mln (EUR 204.6 mln), compared with  CYP 111.9 mln (EUR 191.1 mln) in the corresponding

Logicom to raise capital

The Board of Directors of Logicom Pcl (LOG) will convene on 7 August 2007 to examine the possibility to proceed with a rights issue and share warrants. Additionally, the BoD will examine

CTC offer for FWW is fair, report says

The Board of Directors of Woolworth (Cyprus) Properties Plc (FWW) has concluded that the public offer made by the Cyprus Trading Corp. Pcl (CTC) seeking to acquire a minimum plus one share