The state owned telecoms giant Cyta reported a 7% increase in revenue last year to EUR 484.32 mln compared to EUR 454 mln in 2007, while net profits climbed 27% YoY to
Sir Stelios Haji-Ioannou, the serial entrepreneur and founder of easyGroup, will personally fund awards to promote island-wide, bi-communal business cooperation between Greek Cypriots and Turkish Cypriot entrepreneurs, guests were told at an
The Norwegian Star, bought from Star Cruises a year ago for EUR 103 mln, will end its charter to the Norwegian Cruise Lines in October and will be refitted in time to
Salamis Tours (Holdings) Public Ltd has bought the cruise ship “Van Gogh” for the sum of $7.5 mln, financed from existing cash reserves without resorting to new borrowing. The purchase is the
The most popular traditional destinations for Saudi nationals include London and the USA, while there has also been a surge in interest in nearby destinations such as Egypt, Lebanon, Turkey, Oman, Syria
General Electric Co (GE.N) said profit fell by almost half, on a deeper drop in revenue than Wall Street expected, as the slump that has gripped its finance and media businesses took
The CSE Council announced that it has accepted the listing of 34,615,385 ordinary shares of “Sea Star Capital Plc”, which were issued to Easy Group Holdings Ltd, whose major shareholder is Stelios
The Bank of Cyprus Group announced a new organisational structure aimed at improving the organisation and achieving further synergies between the various units of the Group, especially taking into account the geographic
President of the Republic of Cyprus Demetris Christofias and Turkish Cypriot leader Mehmet Ali Talat began their 37th meeting on Thursday, in the context of UN-led direct negotiations to reach a settlement
Britain's economy will shrink sharply in 2009 before edging into growth in 2010, and the government should make clear plans to reduce borrowing when recovery comes, the International Monetary Fund said on
