Libra to transfer Helios ops to Ajet

Libra Holidays Group (LHG) confirmed press reports that it has applied to the Cyprus Civil Aviation seeking to change the name and operations of Helios Airways to Ajet Airways. In an official

BOC shares on ASE dip below CSE

The Bank of Cyprus shares trading on the ASE fell below their respective close on the CSE, indicating that there is certain to be down pressure on the BOC and the CSE

Ermes to list on CSE

…CTC to give Ermes shares at 24c Ermes Department Stores, one of the largest retailing chains in Cyprus announced plans to list on the Cyprus Stock Exchange once the procedures for the

CyTA fined CYP 25.000

The Competition Commission has imposed a CYP 25.000 fine on CyTA for breach of its Article 25 of the 207/89 Law for refusing to cooperate with its investigators during a raid of

EU-US wine accord to boost wine trade

A boost to Cyprus’ small wine industry came last week when the European Union and the United States signed a bilateral wine accord which will bring major benefits for EU wine producers.