Mladena Markovic Galliver of Deloitte in Cyprus has achieved an outstanding performance in her final examinations for the ACCA qualification. Mladena ranked first overall in Cyprus and second overall worldwide, while achieving the highest score worldwide for paper 3.6 (Advanced Corporate Reporting). At a ceremony held in Limassol last week, both Deloitte and the ACCA
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Now that the island’s economy is on a path towards recovery, coming out of years of gloom, the stock exchange is living a much-need revival and there seems to be a speck of progress on the political front, it is time that the Church of Cyprus and the Holy Synod that comprises its leadership, act
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By Jeffrey D. Sachs It always comes back to oil. The continuing misguided interventions in the Middle East by the United States and the United Kingdom have their roots deep in the Arabian sand. Ever since Winston Churchill led the conversion of Britain’s navy from coal to oil at the start of the last century,
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The Board of Astarti Development Pcl (AST) approved the payment of an interim dividend of 1 cent per share to all shareholders registered as at 16 October 2006. The ex-dividend date is set on 13 October 2006. Based on the latest closing price the dividend yield stands at 3.2%.
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State finances showed a mild deterioration in the first seven months of 2006 according to data released by the Cyprus Finance Ministry. The fiscal deficit increased from CYP 71.1 mln in the corresponding 2005 period to CYP 84.6 mln. Fiscal deficit as a percentage of GDP reached 1% in the period Jan. – July 2007
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The Board of Directors of Bank of Cyprus Public Company Ltd decided at its meeting held on 14 September 2006 to issue Share Options 2006/2007 to the Group permanent employees in Cyprus and Greece as a recognition of the staff’s efforts to improve the financial results of the Group and the progress which has been
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Data on the turnover of services by value show that hotels and computer services enjoyed a stronger second quarter, while lawyers and accountants seem to be having a bumper year. In the second quarter of 2006, turnover value for hotels and restaurants rose by 8.8% compared with the same period of 2005, up from 2.0%
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The Statistical Service published the report “Tourism Statistics” for the period January-June 2006, which provides detailed data on the movement of travellers, tourist flow, revenue from tourism and movement of permanent residents for the first six months of 2006. The Statistical Service reported that in January-June 2006 the number of arrivals covering all categories of
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