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Cyprus News Agency: News in English (PM), 01-02-16

Cyprus News Agency: News in English Directory - Previous Article - Next Article

From: The Cyprus News Agency at <>


  • [01] Cyprus Airways - New aircraft
  • [02] Cyprus Airways - Olympic Airways - Privatization
  • [03] Cyprus Stock Exchange
  • [04] Weather and Temperatures for Cyprus

  • 1630:CYPPRESS:01

    [01] Cyprus Airways - New aircraft

    Nicosia, Feb 16 (CNA) -- Cyprus Airways has decided to buy two Airbus, lease two other Airbus, sell four Airbus from their existing fleet and lease four Boeing for its sister company Eurocypria, Haris Loizides, Chairman of the Board of Directors of the company announced here today.

    He said the real cost for this is expected to be about 55 million dollars, excluding the estimated revenue from the sale of the four A310-200 of around 45- 50 m., while the loans the company may have to take out will be around 30 m.

    CNA MM/ITS/2001

    [02] Cyprus Airways - Olympic Airways - Privatization

    Nicosia, Feb 16 (CNA) -- Cyprus Airways has been short-listed with another three companies in the process of privatization of Olympic Airways, it was officially announced here today.

    Cyprus Airways had submitted a non binding proposal to participate in the process together with another five companies. The proposal was submitted to Credit Swisse which acts as a consultant to the Greek state.

    CNA MM/ITS/2001

    [03] Cyprus Stock Exchange

    Nicosia, Feb 16 (CNA) - The Cyprus Stock Exchange (CSE) All Share Index closed at today's stock exchange meeting as follows:
    CSE General Index                              204,85  ( 0,19)
    Traded Value                  CYP  7.907.398
    FTCE/CYSE 20                  CYP  4.030.619   863,62  ( 0,47)
    Sectural Indices
    Banks                         CYP  2.540.978   213,00  ( 0,29)
    Approved Investment
        Companies                 CYP    507.416   199,38  (-0,62)
    Insurance Companies           CYP     21.059    87,26  (-1,53)
    Manufacturing Companies       CYP    306.099    75,49  ( 0,08)
    Tourism Companies             CYP    369.203   139,27  (-0,12)
    Trading Companies             CYP    252.565    53,47  ( 0,64)
    Offshore Companies            CYP          0   105,00  ( 0,00)
    Building and Cement Companies CYP    406.198    67,39  (-0,41)
    Énformation Technology
        Companies                 CYP    641.785    58,15  (-0,38)
    Financial Services Companies  CYP    487.747    39,67  ( 2,27)
    Fish Culture Companies        CYP     10.876    76,10  (-1,48)
    Hotels                        CYP    913.369    93,72  ( 0,72)
    Other Companies               CYP    923.987   248,18  (-0,21)
    The third column presents the percentage variation of the indices as compared to the last meeting.



    [04] Weather and Temperatures for Cyprus

    Nicosia, Feb 16 (CNA) - Today's weather and temperatures for Cyprus, according to the Meteorological Service at Larnaca International Airport are:
    Temperatures (degrees Celcius)
    Station               Maximum     Minimum       Weather
                                            (At 1200 UTC)
    Nicosia                  17          4         THUNDERSTORM
    Larnaca                  18          7         CLOUDY
    Limassol                 19         10         FAIR
    Paphos                   19          8         THUNDERSTORM


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