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Industrial production in Cyprus rose by 4.5% over the year earlier in June, as the index of industrial production reached 124.3 (Base 2000=100), compared with 119 in June 2006. For manufacturing, the

Turnover in the Cyprus shipping sector rose by 8.5% year on year in the first half of 2007 if one extrapolates from transport data. According to the Statistical Service, the turnover index

Hellenic Bank and Marfin Popular Bank announced record profits for the first half of the year, exceeding stock market expectations by nearly 170%. Hellenic Bank Group recorded profits of EUR 70,3 mln

Capital Intelligence (CI), the international emerging markets rating agency, has raised the foreign currency rating for Qatar Islamic Bank (QIB) to A- from BBB+ (long-term) and A2 (short-term), while the financial strength

Moody’s Investors Service believes that the prospects for the markets in Sukuk, or Islamic bonds, and Islamic financing in general are very encouraging in Asia, and this outlook goes beyond predominantly Muslim

Motorola subsidiaries Symbol Technologies, Inc. and Wireless Valley Communications, Inc., have filed a patent infringement lawsuit against Aruba Networks, Inc. The lawsuit, filed on August 27 in the U.S. District Court for

Germany’s CompuGroup Holding AG announced that the company, acting through its wholly-owned subsidiary CompuGroup UK Limited, will not increase its cash offer, announced on July 20 of 66 pence per share for

Mellon Financial Products Support (MFP), member of the Athens-based Mellon Group of Companies specializing in business process outsourcing services, announced its cooperation with Visa Europe to provide briefing and training services to