Pan Arab Web Awards on March 24

The first Pan Arab Web Awards will be announced on March 24, instead of the previously scheduled date of February 24. The revision in the date was made to assist the panel

25 GC companies set for Green Line trade

Some 25 Greek Cypriot companies are close to being matched with Turkish Cypriot producers for trade across the Green Line, only five weeks after the matchmaking programme co-ordinated by award-winning M.G.C. Group

New board for Universal Life

Seven new members stepped up to the board of Universal Life at the Extraordinary meeting on Friday. The passing of two motions–one for the termination of the old board, and one for

Vassiliko to pay 2c final dividend

The Board of Directors of Vassiliko Cement Works (VCW) announced the intention to pay a 2 cent per share final dividend, bringing its total dividend payout to 3.5 cent, considering that the

CAIR stewards declare strike

Cyprus Airways stewards union, SYPKA ordered its members to go on an indefinite strike from Monday 4.00pm after the airline proceeded with the forced redundancies of 22 chief stewards as part of

Orphanides profits soar

Orphanides Public Co. Ltd. (ORF) recorded a sharp improvement in results, boosting net profits from CYP 1.69 mln in 2003 to CYP 3 mln in 2004 with earnings per share improving from

Frou-Frou hikes dividend as profits improve

Alkis Hadjikyriakos (Frou Frou Biscuits) Ltd., the island’s leading biscuits and cereals manufacturer & distributor and importer announced an increase in its final dividend payable to shareholders on the back of an

Tsokkos stays profitable

A. Tsokkos Hotels Pcl (TSH) released its 2004 results posting a 2.6% increase in revenues to CYP 18.05 mln with income advancing by 2.6% amid higher local revenues associated with the opening