Cyprus News Agency: News in English, 02-03-01

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From: The Cyprus News Agency at <http://www.cyna.org.cy>

CONTENTS

[01] Lebanese Energy and Water Minister to visit Cyprus

[02] Cooperation of Cyprus, Athens, Tel Aviv Stock Exchanges

[03] Cyprus to sign tourist agreement with Algeria

[04] Cyprus hosts Capital Market Regulatory Group Meeting

[05] Weather and Temperatures for Cyprus

[06] Cyprus Stock Exchange

[07] Cyprus Republic takes over SAR operations

[08] Cyprus and Czech Republic sign memorandum on financial servi

[09] Cyprus and Czech Republic sign financial services memorandum

[10] FIFA President arrives for two-day official visit to Cyprus

[01] Lebanese Energy and Water Minister to visit Cyprus

1110:CYPPRESS:01

Lebanese Energy and Water Minister to visit Cyprus

[02] Cooperation of Cyprus, Athens, Tel Aviv Stock Exchanges

1130:CYPPRESS:02

Cooperation of Cyprus, Athens, Tel Aviv Stock Exchanges

Nicosia, Mar 1 (CNA) -- Representatives of the Stock Exchanges of Athens, Tel Aviv and Cyprus met yesterday in Athens with representatives of the company FTSE Global Index Provider and discussed ways to promote cooperation between them.

[03] Cyprus to sign tourist agreement with Algeria

1135:CYPPRESS:03

Cyprus to sign tourist agreement with Algeria.

Nicosia, Mar 1 (CNA) -- Cyprus will sign a tourist agreement with Algeria aimed to develop further relations between the two countries in the field of tourism.

[04] Cyprus hosts Capital Market Regulatory Group Meeting

1200:CYPPRESS:04

Cyprus hosts Capital Market Regulatory Group Meeting

Nicosia, Mar 1 (CNA) -- Representatives of the Capital Market Regulatory and Supervisory Consultative Group comprising 12 candidate countries for accession to the European Union were meeting here today to examine problems they face as a result of the accession course of their countries.

[05] Weather and Temperatures for Cyprus

1435:CYPPRESS:06

Weather and Temperatures for Cyprus

Nicosia, Mar 1 (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                  19           7         CLOUDY
Larnaca                  18           7         FINE
Limassol                 20           8         FINE
Paphos                   19           6         FINE

[06] Cyprus Stock Exchange

1455:CYPPRESS:07

Cyprus Stock Exchange

Nicosia, Mar 1 (CNA) - The Cyprus Stock Exchange (CSE) All Share
Index closed at today's stock exchange meeting as follows:

CSE General Index                              111,06 ( 0,68)

Traded Value                  CYP  1.414.869

FTSE/CYSE 20                  CYP    650.386   461,97  ( 0,67)

Sectoral Indices

Banks                         CYP    374.398   125,69  ( 0,11)
Approved Investment
Companies                 CYP     57.398   103,03  ( 2,11)
Insurance Companies           CYP      7.164    38,34  ( 1,13)
Manufacturing Companies       CYP     31.976    53,24  ( 0,53)
Tourism Companies             CYP     59.807    77,37  ( 1,23)
Trading Companies             CYP     88.171    27,95  ( 0,68)
Building and Cement Companies CYP     19.254    53,38  ( 0,21)
Énformation Technology
Companies                 CYP     21.528     6,46  ( 2,87)
Financial Services Companies  CYP    117.892    23,41  ( 1,04)
Fish Culture Companies        CYP          0    22,04  ( 4,90)
Hotels                        CYP    100.640    68,38  ( 1,21)
Other Companies               CYP    306.923   113,94  ( 0,97)

* The third column presents the percentage variation of

[07] Cyprus Republic takes over SAR operations

1500:CYPPRESS:06

Cyprus Republic takes over SAR operations

Nicosia, Mar 1 (CNA) -- The Cyprus Republic took over today search and rescue operations (SAR) within the Nicosia Flight Information region (FIR).

[08] Cyprus and Czech Republic sign memorandum on financial servi

Cyprus and Czech Republic sign memorandum on financial services

Nicosia, Mar 1 (CAN)--- Cyprus and the Czech Republic have signed a memorandum of understanding on international financial services.

The signing took place here between the Central Bank of Cyprus and the Czech Securities Commission and provides for mutual co-operation and exchange of information in the field of regulating the provision of financial services.

In accordance with the Memorandum of Understanding a general framework of mutual co-operation and exchange of information will be established between the two Authorities. Its aim will be to facilitate the performance of their cross- border regulatory functions and responsibilities aand enhance the supervision of international financial services, in accordance with their respective laws and regulations.

According to an official press release issued in Nicosia the signing of the Memorandum between the Czech Securities Commission and the Central Bank of Cyprus has become necessary as a result of the presence in Cyprus of international financial services firms owned by Czech interests as well as by the expansion of the activities of a number of Cyprus based international financial services firms into the Czech Republic.

CAN/KTS/---/2002 ENDS, CYPRUS NEWS AGENCY

[09] Cyprus and Czech Republic sign financial services memorandum

1820:CYPPRESS:09

Cyprus and Czech Republic sign financial services memorandum

Nicosia, Mar 1 (CNA) - The Central Bank of Cyprus and the Czech Securities Commission have signed a Memorandum of Understanding on international financial services, which provides for mutual cooperation and the exchange of information in the field of regulating the provision of these services.

[10] FIFA President arrives for two-day official visit to Cyprus

1930:CYPPRESS:10

FIFA President arrives for two-day official visit to Cyprus

Larnaca, Mar 1 (CNA) - FIFA President Joseph Blatter arrived here today for a two-day official visit, at the invitation of the Cyprus Football Association, accompanied by his advisors, famous French footballer Michel Platini, and Jerome Champagne.

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