A Cyprus-based development company, Kerlengou Island Investments Plan Ltd, has bought the 12-square-kilometre island of Dhokos, in the Saronic sea off Hydra, and plans to develop a mega-project worth EUR 2 bln.
Bank of Cyprus staff have managed to boost productivity by 60% during the past two years, helping drive the Bank’s profits higher and higher, which at the same time has been instrumental
Stademos Hotels Plc (SHL) reported its 9M06 results posting a net profit of CYP 1.26 mln (+ 8.5%YoY) and approved an interim dividend of CYP 0.01 (EUR 0.017). Ex-dividend date is set
A. Tsokkos Hotels Pcl released a strong set of 9M06 results posting a 59.2% YoY increase in net profit to CYP 4.45 mln or EUR 7.72 mln. EPS was at 1.85 cent
The U.S. currency stayed under pressure against other majors, with the euro rising to $1.3270. Sterling surged to $1.9749 above $1.9700 for the first time since September 1992 when Britain was forced
Financial sector booms  Economic growth decelerated slightly in the third quarter according to the latest figures from the Statistical Service, CYSTAT. Real GDP growth rose in real terms by 3.6% in
For the second consecutive year, Motorola, Inc. iRadio was named Best Radio Service at the 2006 Billboard Digital Entertainment, Media + Marketing Excellence Awards (DEMMX), held in Los Angeles. The award ceremony
Thousands of Cypriots who having borrowed in Swiss francs (CHF) for housing or other purposes and who were enjoying the double advantage of low interest rates and a depreciating currency, risk an
Main market stocks also increase profits by 47% Â Cyprus’ three major CSE-listed banks boosted their combined 9-month profits in 2006 by 154% YoY, giving ample justification and support to the spectacular
Once again, Trust has introduced four new 2.1 speaker sets. The two top models in this range — the 2.1 Speaker Set SP-3800D and SP-3900 — are advanced design speaker sets of
