Cyprus - Page 2111

The CSE Council announced that it has accepted the listing of 13,204,527 nil-paid rights of Finikas Ammochostou Plc, pursuant to Article 58(I) of the CSE Law. The nil-paid rights were allocated to

Orphanides Pcl (ORF.CY) is planning to proceed with new supermarket openings to increase its reach in the market and remain the largest chain in Cyprus. Chairman and founder of the company, Christos

Drought-hit Cyprus started importing water from Greece in a drastic bid to counter a critical shortage which a senior official blamed on climate change at a cost of EUR 40 mln, of

As a result of the reinvestment of dividends paid on 10 June 2008, 7.186.618 new ordinary shares of Bank of Cyprus Public Company Ltd were listed increasing the Bank’s issued share capital

The National Council will meet on the day after the meeting between President Demetris Christofias and Turkish Cypriot leader Mehmet Ali Talat next week. In statements to the press after Wednesday’s cabinet

A new website unveiled in London will provide an interactive point of reference for anyone seeking information on major political developments affecting Cyprus, UK-Cyprus relations and the activities of British Cypriots. Launched

The Bank of Cyprus (BOCY.CSE) announced on Thursday it had clinched a deal to buy 80 percent in Russia's Uniastrum Bank for $576 million as part of its strategy to expand abroad.

SFS Group Public (SFS) urged the Cyprus government to switch plans for importing Liquid Natural Gas (LNG) to Compressed Natural Gas (CNG), saying it would be more economical and faster. The public

Bank of Cyprus Public Company Ltd announced that the Cyprus Securities and Exchange Commission has approved on 25th June 2008 the Securities Note and the Summary Note for the issue and listing

The Cyprus economy is expected to grow between 3.5% to 3.7% in 2008, Charilaos Stavrakis, Minister of Finance, has said. “Under the current circumstances, the rate of economic growth is considered satisfactory,