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Cyprus wants non-binding proposals for airline by Aug 29
Cyprus is seeking non-binding proposals to take over national carrier Cyprus Airways by Aug. 29, the island's transport minister said on Monday. The government wants a strategic investor to take over Cyprus Airways, a state-controlled airline which has been making losses for years. Ryanair, Europe's largest budget airline, and Greece's Aegean are among firms which submitted non-binding ...(8/25/2014 9:01:01 AM)
Ryanair Confirms Bid for Cyprus Airways as O'Leary Eyes Israeli Market
Ryanair is to bid for Cyprus Airways, the troubled island nation's national airline, as it seeks to reinforce its presence across the Mediterranean. The news was confirmed by Kenny Jacobs, the chief marketing officer for the budget Irish carrier, in an interview with BBC radio this morning. On Thursday 21 August, chief executive Michael O'Leary flew to Cyprus to hold discussions with its ...(8/27/2014 5:08:24 AM)
Ryanair to make non-binding offer for Cyprus Airways
Ryanair has moved a step closer to making an offer to buy Cyprus Airways and may make a firm offer early next year if this is approved by the Cypriot government. The airline's decision follows a meeting between Ryanair Chief Executive Michael O'Leary last Friday with the Cypriot government, which owns more than 90 percent of Cyprus Airways. "Ryanair is planning to make a non-binding offer on ...(8/27/2014 8:37:35 AM)
Ryanair to Submit Bid for Cyprus Airways in Rare Foray Into M&A
Ryanair Holdings Plc (RYA) will submit a non-binding offer for Cyprus Airways on Friday as Europe ’s No. 1 discount carrier seeks to extend its footprint eastward to an island increasingly popular with Russian and Israeli visitors.(8/27/2014 5:59:33 AM)
Volokh Conspiracy: Cyprus & the ICC — international reactions
Cyprus is not excited, and Turkey not worried, about an ICC investigation into the latter's alleged war crimes on the island. However, the indifference of human rights groups and other actors is more puzzling.(8/8/2014 2:25:17 AM)
Cyprus expects to grant first casino resort license within a year
Cyprus will grant its first license for a casino resort within about a year, the government said on Friday, to be built in the south of the island where gambling has been strictly prohibited. Scores of Greek Cypriots regularly cross into northern Cyprus, a breakaway Turkish Cypriot state recognized only by Ankara and where there are several casinos. The ruling Conservatives see allowing gambling ...(8/1/2014 5:48:37 AM)
Cyprus in gas exploration deal with ENI, Kogas
Cyprus signed a memorandum of understanding Wednesday with Italian-Korean energy consortium ENI-Kogas to drill for possible offshore gas resources. Italy's ENI holds an 80 percent stake in exploiting Blocks 2, 3 and 9 of Cyprus's Exclusive Economic Zone, while South Korea'’s Kogas holds the balance. Energy Minister George Lakkotrypis told reporters drilling would begin before the summer’s end ...(7/30/2014 2:39:22 PM)
IMF says Cyprus will need more spending cuts
Cyprus' president on Wednesday rebuffed an International Monetary Fund assessment that Cyprus will need to make additional spending cuts to meet a key target of its financial rescue program. IMF official ...(7/30/2014 1:59:21 PM)
Cyprus offshore gas drilling to start before fall
Cyprus' energy minister said Wednesday that exploratory drilling in the first of six potential gas fields off the east Mediterranean island's coast is slated to begin before the end of summer. Yiorgos ...(7/30/2014 12:39:32 PM)
Ryanair to submit non-binding offer for Cyprus Airways
Low-fares airline is seeking to extend its footprint eastward(8/27/2014 7:21:03 AM)
Source: Yahoo