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),
The Board of Sea Star Capital (SEAS.CY) has made a proposal for the listing of the company's stock in foreign markets, following the completion of the first Share Capital increase scheduled for
According to data by the Statistical Office of the European Communities (EUROSTAT) the annual inflation in Cyprus was 4.4% in February. In addition, Eurostat gave data regarding the Euro area and EU27
Marfin Popular Bank (CPB.CY) has cut its 2008 profit outlook to 500-600 million euros, down from 600 million previously, its Vice Chairman Andreas Vgenopoulos told shareholders on Thursday. "With the assessment we
The 33rd Cyprus International Fair opens its gates 23 May – 1 June. The state fair will be inaugurated by President of the Republic of Cyprus Demetris Christofias. The inauguration ceremony on
