Business - Page 1962

Russia and Gulf offset weak EU market Tourism arrivals recorded their second consecutive monthly fall in June, dropping by 0.9% year on year to 280,164, having fallen by 0.2% year on year

…revises full-yr profit target to CYP 160 mln Bank of Cyprus Pcl first half profit surged 172% year-on-year to CYP 85 mln, beating by a wide margin the estimates made by analysts

Specialized Technical Services (STS), a leading e-payment solutions provider in the Middle East, has signed a US$ 350,000 deal with Jordan Kuwait Bank (JKB) to implement a cutting edge core banking system

Motorola has introduced seven new mobile devices that reset the standards for thin and narrow in mobile design. It also announced one acquisition and three agreements that will support the company’s commitment

Credit Agricole has become the only suitor left seeking control of Emporiki Bank of Greece after no other bids were submitted by the deadline of yesterday, a process which casts serious doubt

FM projections at CYP 80 mln Emphasis back on organic growth Bank of Cyprus Pcl (BOC) is seen lifting first half profits by a staggering 155% year-on-year to well above CYP 80