Areeba, the alternative mobile phone operator in Cyprus, has announced its latest great summer deal for new Pay as You Talk subscribers. By activating their account now and until August 31, they get an additional 20% free time on the amount they have spent, each month and for four consecutive months, starting from the day

Economic performance is lagging The Ernst & Young ITEM Club Summer forecast released on Monday reveals that the apparent strong export performance of the UK is largely the result of VAT fraud. In reality, the poor performance of British manufacturers is preventing the national economy from rebalancing and is piling pressure on the already overextended

Woolworth (Cyprus) Properties Pcl, a member of the Shacolas Group of Companies announced that it has a signed a deal under which it will allow use of space at it’s “The Mall of Cyprus” in the Shacolas Emporium Park and in Engomi Market for the operation of Carrefour supermarkets. The agreements were signed in Athens

Delta Symmetochon (VIVARTIA) and Cyprus Trading Corporation Public Ltd along with the Shacolas Group, reached a non binding agreement (Letter of Intent) for the sale to Delta Symmetochon of 25 mln shares (or 45.8%) approximately, of Christis Dairies Public Ltd, a Company listed on the Cyprus Stock Exchange, for 30 cents per share. The deal

Dodoni Portfolio Investments Pcl (DOD) reported that net profit attributable to shareholders during the first half of 2006 improved to CYP 2.941.739 from CYP 1.8 mln a year ago in the same period and CYP 3.94 mln for whole of 2005. Profits from realized gains on investments were flat at CYP 465k from CYP 432k

Elma Holdings Pcl reported a massive increase in first half profit increase on the back of higher income, increased revaluation gains and a CYP 3.35 mln reduction in provisions against a case with Laiki Bank. Income from dividend, rent, financial services and manufacturing activities surged to CYP 720k from CYP 435k a year in the