Cyprus - Page 2119

Phinikas Ammochostou Plc (CONF.CY) announced that it’s Prospectus for the issue Rights and warrants has been approved by the Securities and Exchange Commission and has secured permission for its publication on May

SFS Group Public Company Ltd (SFS) is forecasting that 2008 profit will increase to EUR 31 mln from EUR 30.3 mln reported for 2007 with significant improvements recorded in most areas of

The Cabinet approved a set of measures regarding the Social Insurance Fund (SIF) aiming to support the viability of the Fund up to 2050. Acting Government Spokesman Titos Christofides speaking after the

Derivative products based on component stocks of the Cyprus Stock Exchange (CSE) will be ready to be introduced before the end of 2008, said CSE Chairman Georgos Koufaris. Presenting CSE’s financial results

The Board of Directors of Aspis Holdings Public Company Ltd decided to proceed with the acquisition of shares of A.L. Prochoice Group Public Ltd. Specifically, Aspis Holdings proceeded with an off-floor purchase

Hermes Airports Ltd announced the appointment of Yanis Papastefanou as General Manager, Larnaka International Airport, effective Friday 16 May 2008, succeeding Curtis Grad, who is taking up a new role in Jordan

Foreign direct investment in Cyprus reached 1.5 billion euro in 2007, compared to 1.2 billion in 2006, according to data provided by Eurostat. Eurostat data show that 1.2 billion Euro came from

Cyprus Finance Minister Charilaos Stavrakis said that Ukrainian officials assured him that there is no intention of including Cyprus in the country’s tax black list. He added that Ukraine and Cyprus would

The number of Cyprus property deals concluded by foreigners fell 11.7% Year-on-Year in the first quarter of 2008 to 446 from 505 in the same period in 2007 according to the Cyprus

The MTN Group has announced that in a series of stages it will dispose of 50% of its shareholding in Areeba Limited, trading as MTN Cyprus, to Amaracos Holding (CTC&PG) Limited (Amaracos),