According to the Ministry of Finance (MoF) Cyprus’ economic growth is expected to remain unchanged in 2006 compared to the previous year despite the hike in oil prices. GDP growth rate in
A. Zorbas & Sons Ltd. (ZRP) proceeded with the immediate suspension of its food prcessing operations, in effect terminating its take-away food division activities after at least eight customers were poisoned for
ActiveMania, a provider of digital entertainment solutions and IPTV in the Middle East, in collaboration with Microsoft has launched its ‘ActiSuite’ Connected Home Entertainment solution to enable the digital transformation through digital
Panasonic has won the PC Magazine ‘Manufacturer of the Year’ award at the recently concluded GITEX Dubai, for its Lumix range of digital cameras. Yasuo Kimoto, Product Manager, Panasonic Marketing Middle East,
Motor vehicle registrations soared in November, rising by 68% compared with the previous month, as the cuts in excise duties amounting to 40% led to a spending spree. Car show-rooms took the
Sarris “looks beyond tomorrow” Â The budget results for the first nine months of 2006, combined with a sharp fall in the inflation rate means that the adoption of the euro on
The Tosca Fund has sold 2.5 mln shares that it owned in Marfin Financial Group to Fidelity Fund at 42 euros per share, ahead of the private placement of Laiki Bank shares
Fall in hotel and restaurant unemployment  The number of unemployed persons registered at the District Labour Offices in Cyprus on the last day of November 2006 reached 12,857, a decrease of
The Cyprus Stock Exchange announced that Exelixis Investments Public Ltd (EXIN) complied with the procedure for the expansion of its activities and its release from the investment restrictions and the Company will,
Vassiliko Cement Public Company Ltd announced the 100% acquisition of the issued share capital of the subsidiary A.E.S Atlas Ready Concrete Ltd via the 100% subsidiary of the Company, Vassiliko (Building Materials)
