The introduction of the euro in Cyprus due in January 2008 not only means new opportunities for local Cypriot businesses, but adds a new market for large, locally based international players who
Moody’s Investors Service has assigned long term local and foreign currency issuer ratings of A1 to DP World, one of the world’s largest marine terminal operators. The outlook is ‘stable’. “DP World’s
Nokia Siemens Networks has won a contract to modernize the network of Bharat Sanchar Nigam Limited (BSNL), India’s largest carrier. The new access network’s high bandwidth will ensure that BSNL’s customers can
The European Commission and the European Investment Bank (EIB) have signed a cooperation agreement establishing the new risk-sharing finance facility (RSFF) to support research and innovation in Europe. This new instrument will
The new Trust Bluetooth 2.0 USB adapters allow users to create a fast wireless connection, also with Windows Vista, between a PC or a notebook and other Bluetooth devices, such as mobile
Ericsson has signed a five-year managed services contract with KPN in the Netherlands for access network field maintenance. Under the contract, Ericsson will assume responsibility for all field maintenance activities and specific
Dolphin Capital Atlantis Ltd submitted a Public Offer to the shareholders of Aristo Developers Pcl: (ARD) seeking the acquisition of up100% of the shares of Aristo Developers at a consideration of EUR
The Economist Intelligence Unit (EIU) maintained its Cyprus GDP growth forecast at 3.4% and 3.6% for 2007 and 2008 respectively, according to the Sharelink Securities & Financial Services update. The EIU believes
The Baltics have until recently been Europe’s hottest residential investment destination, with Estonian house prices rising 556.41% between 1997 and 2006, and 245.95% in the past five years. But residential property in
A massive show of force by Bank of Cyprus shareholders gave the Bank’s Management and Board the nod of approval to carry on with their current prudent strategy of organic growth through