Cyprus retail sales accelerate in October

According to provisional figures, retail sales volumes accelerated in October, rising by 10.7% in October 2006 over October 2005, compared with a year-on-year increase of 9% in September.  For the period January-October

Cyprus police foil Internet theft

Police in Limassol have arrested a man and a woman in connection with internet theft. According to investigators, the foreign woman had gone to a local bank and opened an account without

Confine expects better results

Confine Investments Public Ltd announced that the results for the year ending December 31, 2006 are expected to show improvement compared to the corresponding results of 2005. This improvement is attributable to

Demetra Investments capital reduced

The Nicosia District Court issued a decree for the approval of the reduction of capital of Demetra Investments Public Limited. The application for the reduction of capital will be submitted to the

Dimco declares dividend

The Board of Directors of Dimco Electrical Pcl (DES) decided to pay an interim dividend from the accumulated profits of 2004 at 1.2 cents or EUR 2.08 cents per share of nominal