Louis acquires new ship

Louis Hellenic Cruises, a member of Louis Cruise Lines acquired another cruiser, the ‘Ivory’ with a capacity of 690 passengers and 254 cabins. The new cruise liner will operate in the Greek

CTC profits surge higher

Cyprus Trading Corporation Pcl (CTC) issued its first quarter 2006 results, posting a net profit of CYP 637.000 compared to CYP 110.000 a year ago in the same period with EPS climbing

Inland revenue up 30.8%

The Inland Revenue Department reported a 30.8% increase in revenues for the period January- March 2006 to CYP 164.3 mln. Revenue from Special Contribution for Defence recorded a 50% increase to CYP

Dollar awaits GDP data

The dollar steadied on Thursday after recovering against the euro and the yen the previous session on upbeat housing data that tilted expectations toward the Federal Reserve raising interest rates in June,

CAP approves dividend

C.A. Papaellinas Pcl (CAP) shareholders approved a dividend payment of 1.2 cent per share to all shareholders registered at 1 June 2006. The ex-dividend date is set on 30 May 2005. Additionally,