Why is tourism tumbling?

Fourth month of decline There seems to be no end in sight for the collapse in tourism arrivals that began in November, with the latest figures showing a drop of 8.9% year

LUI takes delivery of Birka Princess

Louis Public Company Ltd announced that the delivery of cruise ship Birka Princess, which has changed its name to Sea Diamond, has been completed on Friday, March 17, 2006. The new ship,

Bank of Cyprus UK appointment

Bank of Cyprus Group announced that Spyros Neophytou, who joined the Bank of Cyprus in the UK in 1972, is retiring as General Manager of the UK operations of the Group at

Egnatia lifts HB target, reinstates buy

Egnatia Financial Services has lifted its price target on the share price of Hellenic Bank Group to CYP 1.27 per share and reinstated its buy recommendation, on the back of improving fundamentals.