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Latest Cyprus Financial News

  • Hellenic Bank beats first half forecast 28 Aug 2008 14:33 GMT
    ... Hellenic Bank (HB.CY) beat market forecasts delivering EUR ... disposal and revaluation of foreign currencies and financial instruments, included in total net income, decreased ... markets and the significant drop in the Cyprus Stock Exchange (CSE) price index, as well ...

  • 'Arson attack' millionaire in good spirits before fire 28 Aug 2008 13:35 GMT
    ... Mansion 'arson attack': Missing millionaire Christopher Foster in ... may have been targeted because of his financial affairs or whether he started the blaze ... blackmailed over a failed land deal in Cyprus. Two men were later cleared of the ...

  • Ingosstrakh struggle intensifies 28 Aug 2008 12:57 GMT
    ... PPFI wages a legal battle over Russian insurance company ... percent of Ingosstrakh through its subsidiary in Cyprus October 2007 Ingosstrakh shareholders vote to reduce ... the Arbitration Court in Moscow and the Financial Arbitrator regarding the October 2007 share reduction ...

  • Mystery of millionaire arson victim 28 Aug 2008 12:38 GMT
    ... Fears were growing last night for a businessman and ... the money after a land deal in Cyprus fell through. The defendants were subsequently cleared ... a friend, Mr Foster had recently voiced financial worries. Gordon Richards, a builder, said: "When ...

  • OTCPicks.com: OTCPicks.com Stocks to Watch for Thursday, August 28th FIGI, GLCC, ABMC, ANVH, ZILA 28 Aug 2008 11:31 GMT
    ... Aug 28, 2008 (M2 PRESSWIRE via COMTEX) -- Our ... addition, the company offers online sub prime financial services, such as money lending, forex trading, ... in the United Kingdom, Ireland, Greece and Cyprus. "The marketing of ViziLite Plus in Spain, ...

  • Cyprus University increases student intake to 1021 28 Aug 2008 09:37 GMT
    ... Cyprus University increases student intake to 1021 Costas ... he stressed. Referring to the research programmes, financed by the European Union, Christofides noted the ...

  • Six companies bid for Kyrgyztelecom stake 28 Aug 2008 09:10 GMT
    ... Kazakhstan's Kazakhtelecom together with Kyrgyz Elcat Invest, Turkey's Turk Telekom , Russia's Rostelekom ... and a consortium of Kazakh, Kyrgyz and Cypriot firms. "At the first stage, the plans ... Mahlich) Keywords: KYRGYZTELECOM/BIDDERS ak COPYRIGHT Copyright Thomson Financial News Limited 2008. All rights reserved. The ...

  • Prosafe SE (OSL:PRS) Strongest Quarter Ever 28 Aug 2008 08:52 GMT
    ... Prosafe SE (OSL:PRS) Prosafe delivered its best second ... shares took place on 27 May 2008. Financials (Figures in brackets refer to the corresponding ... 430 people and is headquartered in Larnaca, Cyprus. Prosafe is listed on the Oslo Stock ...

  • Water thieves 28 Aug 2008 04:30 GMT
    ... after they were beaten up over a financial discord, police said yesterday. On Monday the ... time. Greek students A TOTAL of 4,151 Cypriots have secured places at Higher Education Institutions ... Greek National Education and Religious Affairs Ministry. Cyprus Education and Culture Minister Andreas Demetriou congratulated ...

  • Where are they? Murky past of millionaire feared dead with family in 'arson' blaze 28 Aug 2008 01:19 GMT
    ... It beats most of this summer's blockbuster entertainments into ... the investigation is focusing on Mr Foster’s financial situation and business dealings, while another is ... them £100,000 after a land deal in Cyprus fell through. Timothy Baker, then 33, and ...


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