Cyprus will be represented in the 51st Eurovision song contest in May in Athens by Annette Artani, with the song “Why Angels Cry”. The song was voted as the best song among ten songs performed before an audience in CYBC studios in Nicosia. The contest was by televoting from all the main districts of the
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A student and her boyfriend in Singapore featured in a homemade sex video that has been circulating on the Internet are unlikely to face charges, but the person who posted the video is in trouble with the law. The Nanyang Polytechnic student filed a police report after her cellphone, which had been used to film
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Muskita Aluminium Industries Pcl managed to lift overall sales during 2005, but net profits declined due to higher depreciation, finance and energy costs. Total turnover increased by 5.89% to CYP 29.22 mln from CYP 27.62 mln in 2004, mainly on the back of higher export sales to European countries as well as higher local sales.
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Bank of Cyprus shares made a solo rally on the Cyprus Stock Exchange as Cypriot investors rushed to mark the Bank’s shares 13c or 3.62% higher in a vain attempt to keep pace with the spectacular rally on the ASE, where the BOC shares closed at yet another record high. Foreign fund managers continued to
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The European Commission has noted that competition in the telecom market in Cyprus still appears to be very limited, possibly partly due to both retail and wholesale pricing issues in the fixed and mobile markets. The EC noted that competition among telecom operators in the EU in general has drastically cut the cost of making
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The Supreme Court rejected the appeals of former chairman of AremiSoft, Lycourgos Kyprianou, and his wife, Ermioni, on Monday, as well as of their subsidiary holdings, ruling that these were unwarranted and ordered that all their accounts worldwide remain frozen in accordance with the initial court decision of 2005. The court also rejected requests by
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— CyTA to enter with Quadro Play miVision, CyTA’s digital platform, is seeking to strike new deals with content providers from Cyprus and abroad, as CyTA rushes to boost the total channels on its pay-TV digital platform from 36 at present to 60. CyTA Chairman Stavros Kremmos told the Financial Mirror that the letter of
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