Petrol prices rose on Wednesday by 1.5-2 cents per litre, in response to rising international oil prices. EKO and Petrolina announced price rises of 1.5-2 cents on Wednesday, with other outlets expected
The total value of property deals in the north annually is estimated at CYP 0.5 bln or USD 1.05 bln according to a report circulated among the House Commerce Meeting discussing the
— eTicket by end of year Cyprus Airways online ticket sales have passed the 100,000 mark, making the company’s website, www.cyprusairways.com, the most successful eBusiness site on the island. To mark the
Charilaos Stavrakis, the Bank of Cyprus group deputy chief executive, was appointed as the new Chairman of the Board of the Electricity Authority of Cyprus (EAC), replacing Georgios Georgiades (also BOC board
The Cyprus Tourism Organisation (CTO) has scrapped its dreaded 3% CTO tax, incorporating it in the VAT on all restaurant and hotel bills, which is now proposed to be hiked from 5%
Freehold land from GBP 18,500 UK Land Investments has launched its latest premier site in one of the most beautiful areas of the South East England countryside, offering Cyprus based investors the
German police launched a series of raids on eBay dealers suspected of selling fake luxury products worth about 2.3 million euros, the weekly Der Spiegel reported Monday. Police investigators and prosecutors searched
A. Tsokkos Hotels (TSH) surprised markets with the declaration of bumper dividends for three years combined in one super payment, giving a satisfactory yield of 7%. At a meeting held on June
Libra Holidays Group Public Ltd. (LHG) reported its first half results for the period ending April 30, 2005 which for the first time does not exclude the results of Excel Airways but
Cyprus Minister of Finance Makis Keravnos forecast a real GDP growth rate of at least 4% for the Cyprus economy in 2005 and maintained the ministry’s forecast of a budget deficit of
