Foreign borrowing now accounts for just under a fifth of all lending by commercial banks, according to the most recent figures from the Monetary Survey, and continues to rise. Foreign loans and
Marcos to play in football fund-raiser Societe Generale Cyprus will sign a three-year sponsorship deal today with Cypriot-born tennis ace Marcos Baghdatis, who presently lies sixth in the world ATP rankings. The
Buys CYP 5 mln prime properties for offices Quality Group, the Larnaca-based developer and operator of luxury homes and residential projects, has bought two major plots to build and develop commercial and
Computer and printer maker Hewlett-Packard said it will pay $4.5 bln to acquire Mercury Interactive, a software company enmeshed in a scandal over the backdating of stock options. The acquisition – at
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
Shipments have begun for the Nokia N73, a multimedia computer with photography features and integrated stereo speakers for optimized audio. It includes a 3.2 megapixel auto-focus camera with Carl Zeiss optics, and
Deutsche Bank is investing in Bulgarian real estate via RREEF, the real estate and infrastructure investment management arm of Deutsche Asset Management, which the global investment management business of Deutsche Bank. RREEF
Hellenic Bank Pcl announced the appointment of Dr. Marios Clerides as General Manager Risk Management effective July 24, 2006 following his departure from the post of Chairman of the Cyprus Securities &
