Strong rise in Cyprus building permits

Limassol, Larnaca boom The construction industry is alive and kicking in as witnessed by the building permits figures for January to April. Building permits authorised in this period surged by 9.3% year

Sanyo Hellas buys Exelixis

Sanyo Hellas SA has become the latest Greek company to secure majority control of a Cypriot company, after Exelixis Investments (EXEL) announced that Sanyo has become its largest shareholder with a 70%

LFS unemployment rises to 5.9% in Q1

The unemployment rate reached 5.9% of the labour force in the first quarter of 2006, compared with 5.4% in the same quarter of 2005, according to the results of Labour Force Survey,

CSE seen trading higher

…after big block trades on BOC The CSE is seen trading higher on Friday on the back of a sharp rally in Bank of Cyprus Pcl shares in Greece on Thursday after