According to the average forecast in a Reuters poll of eight analysts, Alpha Bank is expected to report a 10.8 percent rise in first-half net profit. Specifically, the group is expected to post net...
Cyprus has become the biggest FDI provider in Russia. According to official figures of the Federal Statistics Service, the cumulative investments of Cyprus in Russia stood at $56.7 billion, which is...
20/08/2008
The major issues in today’s financial press are the strong dispute between the Energy Manager, Solon Kasinis and the oil companies on the drop in fuel prices and the increase in Cypriots’ trips...
20/08/2008
The statements of Energy Manager, Solon Kasinis, that there are margins for further price cuts on fuel prices aroused strong feelings to the oil companies. Petrolina Manager, Akis Lefkaritis told...
19/08/2008
The Energy Service and the Finance Ministry seek to boost the funds destined for investments in renewable sources of energy. Their aim is to boost the interest in the service’s programs, demanding...
19/08/2008
According to the Travelers’ Survey, the Cypriots’ trips abroad in June 2008 recorded a significant increase of 19.2% (16.4 thousand) to 101,973 compared to 85,539 in the corresponding month of 2007...
19/08/2008
PrimeTel announced on Tuesday its intention to submit a public offer for the acquisition of up to 100% of the share capital of Spidernet with the issue of new titles. The proposed consideration...
One in two car buyers in Cyprus end up in the show rooms of four car makers. According to official figures released by OEB today, these four car makers hold 50% of the total car market in July....
19/08/2008
Energy Director, Solon Kasinis appeared positive to a possible ceiling in the price of fuel and expressed his confidence that it is necessary to reduce oil prices further and to inform the public in...
19/08/2008
The major issues in today’s financial press are the Inland Revenue Department data on the revenues in January – July, the lower tourist arrivals in July and the price of fuel in Paphos Municipality...
19/08/2008