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It was the first Cypriot oil company. [3] Petrolina went public in December 2000 listing on the Cyprus Stock Exchange. [4] In 2003, the company bought out Total Aviation with its two storage tanks in Vasilikos and started the process of moving its fuel terminals from Larnaca to Vasilikos (the process should be completed in 2021). [5] [6]
Foreign portfolio investment in the Cyprus Stock Exchange was also liberalized. [42] In 2002 a modern, business-friendly tax system was put in place with a 12.5% corporate tax rate, one of the lowest in the EU. Cyprus has concluded treaties on double taxation with more than 40 countries, and, as a member of the Eurozone, has no exchange ...
In the early 1970s, the Republic of Cyprus (RoC) gave oil companies permission to search the island's waters for hydrocarbons, and the first exploration started in 1977. Earlier, in 1974, Turkey invaded Cyprus , leaving in its wake an unresolved ethnic dispute and the Turkish Republic of Northern Cyprus (TRNC) occupying the northern part of the ...
Decades on from the ethnic division of Cyprus, tensions persist along the 180-kilometer buffer zone separating breakaway Turkish Cypriots from Greek Cypriots in the internationally recognized ...
The ethnically split island is a persistent source of tension between Greece and Turkey, which are both partners in NATO but are at odds over numerous issues. ... Cyprus gained independence from ...
Stock splits often serve as a catalyst for stocks. Its revenue of $8.5 billion for the first three quarters of 2024 rose 15% from year-ago levels, including a 13% yearly increase for the third ...
The current situation in Cyprus. The two-state solution [1] for the Cyprus dispute refers to the proposed permanent division of the island of Cyprus into a Turkish Cypriot State in the north and a Greek Cypriot State in the south, as opposed to the various proposals for reunification that have been suggested since the island was split into two by the 1974 Turkish invasion.
Pages in category "Oil and gas companies of Cyprus" The following 6 pages are in this category, out of 6 total. This list may not reflect recent changes. B.