A fresh attempt to expand and upgrade the marina at Potima in Paphos as “the gateway to the west” will be made this year on a build-operate transfer basis, with a capacity
The budget deficit in Cyprus in the second quarter of 2005 widened to CYP 76.7 mln, compared with a deficit of CYP 49.1 mln in the second quarter of 2004, amounting to
Will the SEC cope with the common trading platform? Described by many as the person who brought order to the chaotic situation prevailing immediately after the ‘99 boom and bust stock market
Further job cuts are expected at the troubled Cyprus Airways (CAIR) as part of the new strategic plan to be submitted to the government next week, the airline’s vice president Frixos Savvides
Oil production for the Organisation of Petroleum Exporting Countries fell below 30 mln barrels per day in August, after output declines in Iraq and Iran dented group output which remains close to
Retail sales volume slipped in May, rising by just 1.3% compared with the same month of 2004, after a strong increase of 12.3% in April. In terms of value, retail sales rose
A Ukraine-Cyprus Business Forum will take place September 26-27, 2005, at the southern coastal town of Limassol. A press release issued by the Embassy of Ukraine to Cyprus said the Forum will
Cypriot directors and self-employed are accused to be dodging taxes by declaring their income below the tax-free level of CYP 10.000 a year, according to figures presented by the Inland Revenue at
