Moody’s Investors Service said that the corporate bond market in the Arabian Gulf countries has the potential to reach issuance of USD 50 billion over the near term, although volatile global markets
But slip in December  Residential house prices in Cyprus accelerated during 2007 according to the latest results from the BuySell Home Price Index, rising by 19.2% for the whole year compared
The Cyprus production index in construction reached 124.2 in the third quarter of 2007, rising by 9% over the same quarter of 2006. Construction output thus accelerated compared with the second quarter
Nokia announced plans to discontinue the production of mobile devices in Germany and close its Bochum site by mid-2008. The company plans to move manufacturing to its other, more cost-competitive sites in
China Telecom, the leading wireline provider of telecom services in China has selected Nokia Siemens Networks as the primary solutions provider for its video monitoring service, MegaEyes. This video monitoring solution is
Building permits in Cyprus gave their first hint of a slowdown in October as the area of building permits authorised fell by 4.1% compared with October 2006 to 318,083 square metres. The
While continued progress has been made in integrating and rationalising their domestic operations, Belgian banks’ earnings and efficiency remain moderate, says Moody’s Investors Service in its new Banking System Outlook for Belgium.
The European Commission has launched an emergency decision to provide relief assistance to vulnerable groups affected by the crisis in Kenya. The funds will be focused on meeting the basic needs of
The Statistical Service of Cyprus has announced the publication of the monthly report “Intra-Extra E.U Trade Statistics (Summarised Data)†for October 2007. The main developments in Cyprus foreign trade were as follows.
Large increase in number of surgical operations   Expenditure of health services during 2006 was 6.3% of GDP, compared with 6.0% of GDP in 1998, according to the annual report “Health and
