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Emirates announces its fifth route to Pakistan

Airline to commence flights to Sialkot from November 2013 Emirates, one of the world’s fastest growing airlines, announced it is to launch services to Sialkot, its fifth route to Pakistan. The service

22nd August 2013
Business

Sterling slips, retreats from 2-month high vs dollar

Sterling slipped from a two-month high against the dollar on Thursday, with the U.S. currency buoyed by Federal Reserve minutes that supported expectations the central bank will soon start unwinding its easy

22nd August 2013
Business

Players warned about clubs in Cyprus, Greece and Turkey

Professional footballers have been warned by the world players' union FIFPro to think twice before signing to play for clubs in Cyprus, Greece or Turkey. Players were advised to be especially wary

22nd August 2013
Business

Cy-Tera: First supercomputer for Cyprus, biggest in East Mediterranean

The Cyprus Institute established the first Cypriot national supercomputing center by installing and running the most powerful computer open to academia in the Eastern Mediterranean (EM) region. Cy-Tera became available to all

22nd August 2013
Cyprus

Deadline extended for Stelios Award for Cyprus Business Cooperation

Stelios announced today the extension of the deadline for application for the Stelios Award for Business Cooperation in Cyprus. Bi-communal teams now have 10 more days – until August 31 – to

22nd August 2013
Cyprus

Nokia to launch large-screen smartphones next month

Nokia plans to unveil new, large-screen mobile handsets next month to revamp its Lumia smartphone lineup and challenge rival Samsung's dominance in increasingly popular phablet devices, sources said. Nokia has developed more

22nd August 2013
Business

Bloomberg to appoint ombudsman after customer complaints

Bloomberg LP will appoint an ombudsman and create a task force to review the way the company gathers news after a report confirmed its journalists routinely looked at client information intended for

22nd August 2013
Business

Facebook-led project seeks Internet access for all

Facebook Inc CEO Mark Zuckerberg has enlisted Samsung Electronics Co Ltd, Qualcomm Inc and other technology companies to help him in a project aimed at making Internet access affordable for the 5

22nd August 2013
Business

Tourism firms to invest $8.6 bln in Mexico over 3 years

Private companies plan to invest $8.6 billion in tourism projects in Mexico over the next three years, President Enrique Pena Nieto said on Wednesday, as the country's tourism industry works to overcome

22nd August 2013
Business

Fear returns to Egypt as state crackdown widens

A climate of fear that kept Egyptians compliant during the 30-year rule of Hosni Mubarak is creeping back into daily life, less than three years after the revolt that toppled him. Ordinary

22nd August 2013
Cyprus
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Dollar losing its shine amid rising US-Iran tensions

The financial markets’ reaction to intensifying US-Iran tensions has revealed

Geopolitics overshadow data releases

Markets turned risk-averse at the beginning of the week as

WTI hits $75.50 amid Mideast tensions

West Texas Intermediate (WTI) climbed above the $75.00 mark on

Euro lower as BoE remains cautious

The Euro edged lower against the British Pound on Thursday,

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