Egypt and Lebanon have not reneged on the agreements they have signed with the Republic of Cyprus research and hydrocarbon exploitation in the sea area of Cyprus, Government Spokesman Christodoulos Pashiardes has
Bank of Cyprus and Marfin Popular Bank shifted their takeover war to academic circles this week as the battle to swing public opinion on whether the deal is hostile or friendly took
The European Commission is set to decide on whether to give its approval to a crucial CYP70 mln loan that Cyprus Airways (CAIR) is seeking from the Cyprus government. The decision is
Bank of Cyprus Pcl (BOCY) has clarified that the agreement for the sale of a 28% stake in Universal Life Insurance to Andreas Geroghiou and Photiades Group was signed on July 13,
Consumer price inflation was steady in January, as prices rose year on year by 1.6%, the same rate as in December. However, prices fell compared with the previous month, by 1.8%. A
According to figures from the Statistical Service Cystat, industrial output prices stabilised in December, as the index reached 123.9 (base 2000=100), the same as the previous month. For the period January-December 2006,
The Central Bank of Cyprus announced the issue of two collector coins, in silver and cupronickel, both of a nominal value CYP1 and year of issue 2007, on the occasion of the
DHL, the world’s leading express and logistics company, announced a USD 35 mln investment program in Hong Kong to capitalize on the continued growth of the region’s trade. The program comprises the
Alkis Hajikyriakou (Frou-Frou) Biscuits Public Co. Ltd., reported an increase in 2006 sales and profits based on the preliminary results with the company also declaring a dividend. Group sales improved 9.4% YoY
Two South Korean computer programmers have been arrested on suspicion of sending out 1.6 billion spam e-mail messages in violation of the country’s commerce laws, Reuters reports. The two men, one aged
