The Nicosia Municipality has put in public display the revised plans for the capital’s Eleftheria Square, as conceived by international award-winner Zaha Hadid. Tender offers are expected next summer and construction to
The Cooperative Credit Societies maintained their gains in climbing the overall deposit market share, lifting their total share by 2.9% to 21.3% by end of October through a policy of paying top
4 new post offices in 2010 After a year of grueling negotiations and bargaining rates, Cyprus Post has started offering MoneyGram money transfers in all its 50 locations, entering the remittance business
The three major banks were mostly responsible for the 47.4% fall in profitability recorded by the 11 companies listed in the Main Market of the Cyprus Stock Exchange (CSE) during the first
Fitch Ratings cut Greece's debt to BBB+ on Tuesday with a negative outlook, the latest blow to the troubled euro zone country, driving its bonds, banking shares and the euro itself lower.
Investor confidence in Dubai took a fresh knock on Tuesday as its leaders dithered over a rescue for debt-laden company Dubai World and ratings agency Moody's slapped a downgrade on government-related debt.
Cyprus building permits bounced in September, as the number of building permits authorised by the municipal authorities and the district administration offices during September 2009 rose by 53.8% over the year earlier
British industrial output failed to grow in October, disappointing expectations for a further expansion and raising doubts over the strength of any recovery in the fourth quarter. The Office for National Statistics
Security of energy supply and energy-saving measures were the main issues discussed during the EU Energy Council, at which Cyprus was represented by Minister of Commerce, Industry and Tourism Antonis Paschalidis. The
President of the Republic of Cyprus, Demetris Christofias, has expressed optimism that the economic crisis will be dealt with successfully, noting that the government will always consult with all social partners before
