Coullapides suspended until dissolution

The CSE announced the suspension of trading of titles of Andreas Coullapides Public Company Ltd from December 1, 2005 and until its delisting, following a decision by shareholders to back a voluntary

BOC rights rally on arbitrage trades

Bank of Cyprus rights (BCRI) rallied 16.78% on Friday to a fresh high of 17.4 cent amid intense arbitrage activity as major funds and investment managers sold rights in Greece and bought

Cyprus rates remain on hold

The Monetary Policy Committee (MPC) voted 5-1 on Friday to maintain unchanged the official interest rates of the Central Bank of Cyprus, that is the interest rates on the marginal lending facility

Go mobile with areeba

Areeba, the island’s alternative mobile service provider has launched its Areeba Mobile Data Card allowing users mobility and access to the Internet at the fastest speed available. Geared mostly at notebook users,

Ermes adds Peacocks to high-street stable

First store on Nicosia’s Ledra Street The Shacolas Group has added the Peacocks affordable family brand to its stable of high-street retail stores that now include Ermes, Debenhams, Next and Adam’s. Peacocks,

Cyprus labour force at 338k in 2004

The number of employed persons in Cyprus reached 338.000, according to the 2004 report on “Labour Force Survey” published by the Statistical Service. The main findings of the survey note that the

Cyprus 10-year yield at 4.08%

A massive over-subscription during the 10-year bond and 52 week T-Bill auction helped in a big plunge in bond yields, which hit a new record low amid signs of further interest rate

Cyprus euro profiteers could be named and shamed

National coin design shortlisted Cypriot businesses who take advantage of the introduction of the euro by increasing prices could see themselves being named and shamed by the authorities, according to Financial Mirror