Business - Page 1932

The Board of Directors of Universal Bank Pcl (USB) rejected the public offer for the acquisition of a minimum of 50% plus one share and a maximum 60% of the issued share

The move above the 1.2800 resistance area proved to be short lived after better than expected US resale data forced the late dollar shorts to cover positions. With the near term top

A decision by a Cypriot judge to block the roaming income of Telsim, the Turkish telecom that was recently acquired by Vodafone has forced the British multinational from transferring such roaming income

Dubai eGovernment announced that it has partnered with Abu Dhabi-based Zakat Fund to launch the first electronic Zakat payment channel through its ePay service and by logging on to www.zakatfund.ae. Zakat is

HNS Limited announced that it decided to submit a Public Offer to the shareholders of Spidernet Services Public Ltd (SNET) for the acquisition of a minimum 51% and maximum 100% of the

UBS has revised higher its price target on the share price of Hellenic Bank Pcl (HB) to CYP 2.40 from CYP 2.00 previously, implying a 70% capital appreciation opportunity compared to current