Standard & Poor’s Ratings Services lowered its long- and short-term counterparty credit ratings on Marfin Investment Group Holdings S.A. (MIG) to ‘BB/B’ from ‘BBB-/A-3’. At the same time, the long- and short-term
The CSE Council announced that it has accepted the listing of 17,356,083 ordinary shares of Hellenic Bank Public Company Ltd, which have resulted from the exercise of American Type Warrants 2003/2007. It
With reference to the Public Offer of SFS Group Public Company Ltd for the acquisition of up to 100% of the issued share capital of White Knight Holdings Public Company Ltd, it
Eutelsat Communications and Digiturk, have signed a new contract for capacity on the W3A satellite to support continued expansion of Turkey‘s leading pay-TV platform. The new contract, concluded for four years, is
Ericsson has been awarded two hosting agreements for downloads and ringback tones with Indian operator Bharat Sanchar Nigam Ltd (BSNL), one of the largest public sector companies in India. Under one contract,
Raqmiyat, a leading UAE-based Systems Integration firm, has appointed BASA as its exclusive business partner in Iran for its widely-popular GEMS ERP solutions, which provide unparalleled web-based integration for critical business processes
Three companies and a government department were the winners of the first innovation awards initiated by the Employers and Industrialists Federation (OEV), the Research Foundation, the University of Cyprus and the Ministry
In the second year of operation for Thomas Cook to Larnaca, the Palm Beach Hotel & Bungalows has won the U.K. operator’s “excellence award†for 2006 voted by holidaymakers who stayed at
MTN Areeba, the alternative mobile phone operator, is sponsoring the current champion Apoel football club of Nicosia in a three-year deal estimated to be worth CYP 500,000 (EUR 855,000). The sponsorship comes
The accession of Cyprus to the European Union in May 2004 has created new opportunities for international financial services companies based in Cyprus and in the wider Mediterranean area, making the island