Cyprus on the EU front line for asylum seekers (AFP via Yahoo! News)

19 August 2008, 12:05 am

The island of Cyprus is now on the immigration frontline, since joining the European Union in 2004, it has the highest intake per capita of population of asylum seekers.... read more

FIPB told to reject telecom FDI from tax havens (rediff.com)

18 August 2008, 9:32 pm

In another instance of Indian tax authorities adopting a hard-nosed stance to prevent abuse of tax avoidance treaties, the revenue department recently opposed a proposal of a Cyprus-based company to increase its stake in an Indian telecom services company from 40 per cent to nearly 74 per cent.... read more

Peace Activists To Land Boats in Gaza (The New York Sun)

18 August 2008, 7:31 pm

JERUSALEM — Peace activists planning to land two boats on a beach in Gaza are no better than "pirates" and will be turned back by the navy, Israeli officials said yesterday. The SS Free Gaza and the SS Liberty, which are sailing from Crete to Cyprus and then on to Gaza, will carry about 40 protest... read more

TransGlobe Raises Interest in West Gharib, Production Increases 400 BOPD (Rigzone)

18 August 2008, 3:26 pm

TransGlobe Energy Corporation has completed the acquisition of an additional 25 percent in certain leases on its West Gharib (Arab Republic of Egypt) properties from its partner, a private company registered in Cyprus, for consideration of US$18.0 million adjusted to June 1, 2008. This acquisition b... read more

TransGlobe Energy buys higher stake in West Gharib properties in Egypt (Canadian Business)

18 August 2008, 2:31 pm

CALGARY - TransGlobe Energy Corp. (TSX:TGL) has acquired another 25 per cent stake of its West Gharib properties in Egypt from its partner, a private company registered in Cyprus, for US$18.0 million.... read more

TransGlobe Acquires Additional Interest in West Gharib Properties (Marketwire via Yahoo! Finance)

18 August 2008, 12:53 pm

TransGlobe Energy Corporation is pleased to announce it has completed the acquisition of an additional 25 percent in certain leases on its West Gharib properties from its partner, a private company registered in Cyprus, for consideration of US$18.0 million adjusted to June 1, 2008.... read more

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