Nicosia, Cyprus News

The transaction was executed at a price of NOK 0.44 per share. Subsequent to the transaction, the aggregate number of own shares held by SeaBird is 2,000. The sole purpose of the acquisition is to facilitate the share consolidation process, and reference in this respect is made to the announcement from SeaBird earlier today.

NICOSIA, Cyprus, May 30, 2012 -- NICOSIA, Cyprus, May 30, 2012 /PRNewswire/ -- The Nicosia Economic Congress is targeted to business leaders and senior executives concerned with the various technical and fundamental economic aspects.

Cyprus Popular Bank Pcl, the islandA's second-biggest bank, posted a 23 percent decline in first-quarter net income after provisions for bad loans climbed and GreeceA's debt crisis worsened.

Nicosia, Cyprus located Eyelevel ltd is a well known digital media company. It specializes in retail communication and branding.

The President of the European Council Herman Van Rompuy will pay a one-day official visit to Cyprus on Monday, 28 May, on the occasion of the assumption of the EU Presidency by the Republic of Cyprus.

Turkey says waters off the coast of war-divided Cyprus where Greek Cypriots plan to explore for natural gas lie within its continental shelf, sharpening multi-sided disputes over major fields under the eastern Mediterranean.

Ieronymos, who on Thursday met with Russian President Vladimir Putin in the capital, held a joint liturgy at the Church of the Resurrection in the Kremlin.

Cyprus is gearing up to take over the rotating European Union presidency on July 1 for the first time in the islandA's history since it acceded to the bloc in 2004.

Eurozone banknotes might soon have the Greek word for A'euroA' exclusively thanks to CyprusA's membership in the Economic and Monetary Union if fears of a Greek exit from the common currency bloc materialize.

Newspaper publishers and national newspaper associations from around Europe will hold a special debate in Nicosia on Thursday with the High Level Group on Freedom and Pluralism of the Media appointed by the European Commission.

Cyprus is very serious about organizing a successful Presidency of the Council of the EU, when the country assumes the Council chair in the second half of 2012, Head of the European Commission Representation in Cyprus, Georgios Markopouliotis says.

Students at the Athens University of Economics and Business who were protesting a police raid on their campus on Tuesday jumped to the defense of African street peddlers who became embroiled in a clash with Albanian nationals outside the institution.

Evolve or die, they say, and the 37th Cyprus International Fair, which opened on May 18 and runs through Sunday in Nicosia, is striving to defy the subdued climate of the countryA's economy in the context of the eurozone crisis with a message of optimism for the future.

The June 17 elections are due to cost 30 percent less than the polls on May 6, it was decided on Tuesday.

The two World Wars will be the subject of a symposium organized by the House of Representatives on Wednesday, with the participation of veterans, survivors and academics from Cyprus and Greece.

Israeli Prime Minister Benjamin Netanyahu and Cypriot President Demetris Christofias give a news conference in Nicosia in February.

In the 1921 hit song, The Sheikh of Araby, there is one line that goes as follows, "...While you're asleep, into your tent I'll creep." Of course the song was referring to the sheikh who romantically pursued the headstrong British heroine who then fell in love with him only to find that he was, in reality, not an Arab at all but the son of a ... (more)

The Foreign Ministry issued denounces new Turkish threats as regards Cyprus' right to explore and exploit its hydrocarbon reserves in its Exclusive Economic Zone .

On almost any flight to Nicosia from Athens or Thessaloniki these days, there is bound to be one person with too much baggage and a nervous smile, hoping to make a fresh start in Cyprus.

Turkey said on Friday that companies bidding to develop Cyprus' offshore gas fields would be shut out of Turkish energy projects, amid a spat between the rivals about who has rights to potentially vast reserves in the east Mediterranean.