Fiscal deficit on right track

The Ministry of Finance (MoF) reported that the fiscal deficit during the first eight months of 2006 worsened marginally to CYP 34.6 mln from CYP 27.1 mln in the same period a

Deutsche Bank keeps BOC target at CYP 5.7

Deutsche Bank is maintaining its buy recommendation on the shares of Bank of Cyprus with an unchanged price target of CYP 5.70 (EUR 9.8855) indicating an upside potential of 10% from current

CFI keeps interim dividend same

Cyprus Forest Industries Pcl (CFI) has decided to distribute a dividend payment of 5 cent (EUR 0.0867) per share to its shareholders from its earnings of 2004. The ex-dividend date is set

HB and ALICO cooperate in mutual funds

Hellenic Bank Pcl announced the expansion of an existing cooperation pact with American Life Insurance Co. ALICO-AIG Life in the field of Mutual Funds. According to a cooperation agreement signed between the

Lefkaritis Cyprus selects Oracle ERP solution

The Lefkaritis Group, the biggest Cyprus company in the transport and fuels sectors, has chosen the Oracle JD Edwards EnterpriseOne ERP solution, according to Softecon Enterprise that has already implemented 40 similar