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Business - Page 1767

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Peter Theo to inject millions into Cyprus AEL F.C.

— 12 new players to be signed on, budget seen at CYP 15-20 mln   Peter Theo Vasiliou, the Cypriot-born entrepreneur who made his money in property in the UK, wants to

5th June 2007
Business

IoD Cyprus wants compulsory adoption of corp. governance code

The Institute of Directors of Cyprus has sent a letter to the Cyprus Stock Exchange (CSE) demanding the compulsory adoption of the CSE’s Corporate Governance Code. IoD Cyprus Chairman Evdokimos Xenofontos in

5th June 2007
Business

Frou Frou rejects request for Corporate Governance

Alkis Hadjikyriakos Frou-Frou Biscuits (FBI) has rejected a call by a prominent shareholder and family member to discuss the matter of why the company is not implementing the CSE’s Corporate Governance Code

5th June 2007
Business

CIIM paves the way for personal and professional development

Crucial questions defining personal and professional development are the focus of the two-day seminar organized by the Cyprus International Institute of Management on Tuesday, June 12 and Wednesday, June 13 at CIIM’s

5th June 2007
Business

Central Bank of Cyprus hikes Lombard 25bp, aligns with Euro rates

The Central Bank of Cyprus announced Wednesday the increase of the interest rate on the marginal lending facility (Lombard) and the interest rate on the overnight deposit facility by 25 basis points,

5th June 2007
Business

CTO wants Cyprus ad campaign funds for CNN-Eurosport

The Cyprus Tourism Organisation (CTO) is seeking House approval for a budget of CYP 870.000 or EUR 1.5 mln to finance an advertising campaign on CNN and Eurosport to promote Cyprus as

4th June 2007
Business

German & French recovery improves sovereign credit quality

FRANKFURT (Standard & Poor’s) –The recovering economies of Germany and France are supporting improvements in the sovereigns’ credit quality, but challenges remain, says a report published today by Standard & Poor’s Ratings

4th June 2007
Business

Saudi banks weather stock market crash but stellar performance difficult

LONDON, June 5 2007—The banking system in the Kingdom of Saudi Arabia is the largest in the Gulf and among the most profitable worldwide, although foreign competition is rising, Standard & Poor’s

4th June 2007
Business

Laser seeks EGM approval on Big Score Enterprises

The Board of Directors of Laser Investments Public Ltd decided to hold an Extraordinary General Meeting on June 26, 2007 at 6.00 pm at the office of the Investment Manager, Sharelink Securities

4th June 2007
Business

Central Bank Governor and Moody’s delegation review Cypriot economy

Cyprus Central Bank Governor Athanasios Orphanides met with a delegation of international rating agency Moody’s with whom he reviewed the latest developments affecting the Cypriot economy, most notably the recent Convergence Reports

4th June 2007
Business
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