Cyprus casino plan to attract investments

The government announced last Thursday it would issue a single licence for a mega casino resort in an attempt to diversify its tourism product and attract foreign investment, while helping to reduce

Cyta records 64 mln euro profit for 2012

State-owned Cyprus Telecommunications Authority (Cyta) recorded profits for 2012 despite the challenging economic environment with earnings from operations amounting to 63.7 mln euros compared to 67.2 mln in 2011. At the same

Troika back in Cyprus for first review

* Bank of Cyprus reform “urgent”; Gold sale not only option The Troika inspectors from the international lenders that have pledged to provide a 10 bln euro rescue package are back in

Russia seeks greater role in East Med

The past weeks have seen a surge in diplomatic activity between Cyprus and Russia, according to the think-tank Middle East Strategic Perspectives. A parliamentary delegation headed by Speaker Yiannakis Omirou arrived in

CIIM: How to determine the true worth of a company

In today’s turbulent business environment business appraisals are needed for a variety of reasons such as mergers, acquisitions, business planning, reorganisation, spin-offs, liquidations, bankruptcy, buy-sell agreements, shareholder disputes, insurance claims, damages litigation,