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President Tassos Papadopoulos said that the government will take all necessary steps to help set up a company for the import of natural gas. This, he pointed out, has to be done

The European Commission has forecast a stable growth environment for Cyprus in the next year and a further improvement in the economy including a decline in the fiscal deficit and steady inflation

Increased revenue from capital gains tax on property has been instrumental in boosting the Cyprus government’s revenue in the first nine months of 2007. The Inland Revenue Department reported that total revenue

Lycos Europe N.V., one of the leading European portal providers and online advertisers, agreed with Alter Finance Capital about the sale of its investment in Best of Media S.A. Lycos Europe’s investment

The Finnish communications service company Elisa has launched the world’s first commercial WCDMA 900 MHz network. Elisa’s new network is based on the WCDMA Frequency Refarming Solution from Nokia Siemens Networks, while

Western Digital Corp. announced it is now shipping its new WD Scorpio 320 GB 2.5-inch Serial ATA (SATA) hard drives for notebook computers and portable storage devices. WD uses advanced head and

Cyprus kept the key refinancing rate unchanged at 4.5 percent, which means the Central Bank is unwilling to align Cyprus pound interest rates with those of the euro-zone, which are 50 basis

The Cyprus Stock Exchange (CSE) will be organising a road show in Athens on November 20, while a CSE Board of Directors delegation will be holding meetings with the management of the