Despite last Saturday’s terrorist attacks on the Egyptian resort of Sharm el-Sheikh, Cypriot holidaymakers are not rushing to divert their vacation plans from the Middle East to other destinations, mainly in Europe. What’s more, the small number of cancellations on board the Cypriot cruise ships that offer two- and three-day packages to Egypt, the Holy
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Bank of Cyprus Group Public Co. Ltd. is seen lifting its first half profits by 80% on the back of a healthy increase in net interest income, higher trading gains and a moderate increase in provisions. According to a poll conducted by the Financial Mirror among Cyprus’ leading analysts, CLR, SFS and Egnatia, the Bank
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Ministers sign MOU for import of Egyptian LNG Egypt and Cyprus have signed a memorandum of understanding (MOU) covering the export of liquefied natural gas (LNG) to Cyprus and cooperation in the field of oil and gas exploration and distribution. Egypt’s Oil Minister, Sameh Fahmy, who signed the MOU with Commerce and Industry Minister George
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British Prime Minister Tony Blair pledged to do whatever possible to assist in efforts to find the right way for Cyprus’ reunification. Speaking after meeting Cyprus President Tassos Papadopoulos at 10 Downing Street, Blair underlined his support to Turkey’s candidacy to join the EU, but stressed that the rules for any country to get into
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Turkey will sign the customs protocol on Wednesday, according to senior EU diplomats, and will thereby fulfil its last remaining condition for starting EU accession negotiations on October 3. The signature is due to take place on the same day that Turkey’s Prime Minister Tayyip Erdogan meets Tony Blair, prime minister of Britain, which currently
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