The analysts’ forecasts on the prospects of the Main Market companies after the interest rate cut and the announcement of the first quarter results are exceptionally positive. The three firms (SFS,...
The Cyprus Chamber of Commerce and Industry said that the government’s decision on the golf courts is fair, transparent and balanced. In its announcement released on Thursday, CCCI stressed that the...
23/06/2005
Deputy Higher Executive Manager of the Bank of Cyprus Group, Charilaos Stavrakis will be the new Chairman of the Electricity Authority of Cyprus after the resignation of Giorgos Georgiades, the...
22/06/2005
The Bank of Cyprus gave the green light to Aspis Pronoia on Wednesday to acquire Universal Life, after the expiry of the deadline of 21 days given to Andreas Georgiou for the exercise of his option...
The expiry of the deadline of 21 days given to the major shareholder and CEO of Universal Life, Andreas Georgiou, for the acquisition of 28% of the Bank of Cyprus in UL is expected to clarify the...
In the past five years, the commercial banks were enforced to write off loans of £171 million after their failure to regain them within the specific period of time, StockWatch sources revealed on...
21/06/2005
The new Lithuanian interest for the acquisition of Universal Bank has given a new dimension to the acquisition of Universal Life. Encouraged by the complexities in the deal with Aspis, the...
The CSE decided on Wednesday to request further clarifications by Guedo Holdings Ltd for the valuation of Chris Cash & Carry. Guedo in agreement with Carrefour Marinopoulos intends to submit a...
15/06/2005
The latest developments in Universal Life, after the intention of its major shareholder and CEO, Andreas Georgiou, to exercise his right for the acquisition of the Bank of Cyprus stake has changed...
The Cyprus Airways flying crew submitted on Tuesday the trade union’s proposals based on the strategic plan for the reorganization of the national carrier. It is probably the first time that the...
14/06/2005