The CSE Council announced that it has accepted the listing of 6,900,000 ordinary shares of Renos Hadjiioannou Farm Public Company Ltd, which have been granted to investors at the price of CYP0.12 each, after the authorization of the Board of Directors by the Extraordinary General Meeting on 26/9/2007. It is noted that the above shares
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The CSE Council had a meeting with the Executive Committee and the Board of Directors of the Cyprus Chamber of Commerce and Industry. During the meeting, which falls under the CSE policy for regular information of the productive classes on the developments in the stock market, the two parties discussed issues concerning the stock exchange,
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The current wave of mergers between various Cooperative Credit Institutions is seen accelerating in an effort to lower their number to 150 by the end of 2007, according to the Commissioner for the Development and Regulation of Coops, Constantinos Liras. In his testimony before a House Finance Committee meeting, Liras said 15 Co-ops merged into
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Emirates Airline announced another historic civil aviation aircraft order, when it signed contracts this week for 120 Airbus A350s, 11 A380s, and 12 Boeing 777-300ERs, worth an estimated USD 34.9 bln in list prices. Sheikh Ahmed bin Saeed Al-Maktoum, Emirates’ Chairman and Chief Executive, announced the massive order at the 10th Dubai Airshow and signed
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Finance Minister Michalis Sarris was among the official guests, clients and other officials at the inauguration last Thursday of Windsor Broker’s new headquarters in Limassol – the Windsor Business Center. “Today marks a new chapter in the 19-year history of Windsor as we set significant foundations for the next phase of our company’s development,†said
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One of the successes in education the present administration can boast about is the accreditation of local colleges to become international universities, helping to propel Cyprus to the next level of education services providers. The government should continue to encourage existing colleges to raise their standards to university level and then afford some incentives and
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Just as anyone in Cyprus can become a property developer overnight without any requirement for qualifications, regulation or financial standing, there are even more permutations at the selling end of the current Klondike-like rush for property gold. Column space inhibits the complete range of occupations involved in this current national sport. However, some of the
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US Undersecretary for Political Affairs Nicholas Burns has referred to the necessity for a UN initiative for a Cyprus settlement after the presidential elections of February 2008. Addressing the Foreign Affairs Subcommittee of the US House concerning US relations with Greece, Burns noted that ”we strongly support UN efforts that try to solve the Cyprus
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The Veterinary Services continued the culling of animals at two more local farms, which tested positive for foot and mouth disease (FMD), as part of efforts to eliminate the virus and its destructive consequences for the island’s farming sector and the economy. Minister of Agriculture, Natural Resources and the Environment Fotis Fotiou stressed that the
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A.L. Prochoice (PROP) shares traded ex-rights (1 Right per 1 existing share). The trading and exercise periods of the rights are 6 Dec.2007 – 4 Jan. 2008 and 9-16 January 2007, respectively. Every 3 rights exercised will correspond to 1 new PROP share with an exercise price of EUR0.1538/share. In addition, every 3 new shares
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