Cyprus is expected to launch its first offshore bidding round on February 15 for an area south of the island to allow future oil and gas exploration development. “A seismic survey carried
…Well diversified group seeks higher returns  SFS Group PCL (SFS), the diverse financial services, investments and asset holdings group, has increased its exposure to the shipping sector, raising its fleet from
Duringt a meeting held between the Chairman of Hellenic Bank Andreas Panayiotou and the Chairman of Piraeus Bank Michalis Sallas, the latter stated that TPEIR does not intend to acquire Hellenic Bank
Deutsche Bank has reaffirmed its price target on the shares of Bank of Cyprus Pcl and Marfin Popular Bank, at EUR 14 and EUR 11 per share respectively, and at the same
Retail sales in Cyprus continued their strong trend in November, rising by 8.3% in volume terms compared with November 2005, and by 10.0% in value terms during the same period. For the
December saw the full impact of the large cut in excise duties in November, as registrations of motor vehicles rose by 17.1% compared with December 2005, following a 6.2% rise in November.
as the Cyprus SEC loses credibility  The Cyprus Supreme Court has overturned a previous decision of the Cyprus Securities & Exchange Commission in the takeover saga between Marfin Popular Bank and
Morgan Stanley & Co. International notified the Cyprus stock exchange that it has continued increasing its stake in Marfin Popular Bank (MPB). Following its previous notification that on January 17, 2007 it
By Michael S. Olympios Perhaps the least investigated area of corporate governance in Cyprus is executive compensation. Disclosure of executive compensation as required by the corporate governance code is insufficient for investors
Ocean Tankers Holdings Public Company Limited has increased its fleet to four ships with the delivery of tanker M/T Montauk on 24/1/2007 in Japan, local time 3.30. M/T Montauk has been renamed
