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19th April 2024
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Monthly Archives: August, 2012

Banker quits citing ‘serious health reasons’

Theodoros Aristodemou, the founder and MD of Aristo Developers Limited, has resigned his position as the chairman of the Bank of Cyprus citing 'serious health issues' as his reason.

Investigators to report criminal liability

The firm appointed by the Cyprus Central Bank to investigate why the Bank of Cyprus and the Cyprus Popular Bank had to seek state support will also look into possible criminal offences.

Cyprus ranked in top 10 countries

Cyprus has moved up into the top ten countries for those seeking out investments in overseas property according to the latest ‘Top of the Props’ chart published by the TheMoveChannel.com.

Russian overseas property buyers

The results of a survey conducted by the Tranio.Ru Internet Centre of Overseas Property portal provides an insight into Russian overseas property buyers, where and what they are looking to purchase.

Corruption investigation delays Chinese deal

The Chinese company intending to invest at the old Larnaca airport is on a watch list of companies under investigation for corruption charges according to a report by state broadcaster CyBC.

Worries over new concrete buildings safety

The Cyprus Scientific and Technical Chamber (ETEK) says that the government allowed dangerous changes to be made to concrete standards last year lowering the quality and durability of buildings.

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