Bank of Cyprus bid for Cytrustees approved

Bank of Cyprus Public Company Limited announced that on 16 February 2007, the Cyprus Stock Exchange (CSE) has approved its Offer Document for the Competitive Revised Public Offer of Bank of Cyprus

Cyprus motor regs up 24% in Jan-Feb

November’s cut in car excise duties has led to a boom in car sales in Cyprus. The total registrations of motor vehicles increased by 24.4% to 9,842 in January – February 2007,

EU web site explains MiFID

The European Commission has launched an interactive website where stakeholders, including firms, trade associations and investors, can ask questions relating to the recently finalised Markets in Financial Instruments Directive (2004/39/EC) (MiFID) and

CSE extends Aspis bid for Universal Bank

The CSE Council announced that in agreement with the Securities and Exchange Commission and pursuant to Regulation 15(7), it decided to extend the period of acceptance of the revised Public Offer by

Ocean Tankers more than doubles its fleet

Ocean Tankers Holdings Public Company Limited announced that on March 1, 2007 it will proceed with the signing of contracts for two additional new-fangled double-inner side tankers of 12,800 tons (its is

PrimeTel in new 2.5Gbps SDH network in Cyprus

Private telecom and multi-media provider PrimeTel has implemented a new layer of network, using SDH technology, that runs on STM-16 level and it is capable of 2.5Gbps speed. Using their existing nationwide