fm

The Central Bank of Cyprus announced Wednesday the increase of the interest rate on the marginal lending facility (Lombard) and the interest rate on the overnight deposit facility by 25 basis points,

Building upon a tradition of crafting its most unique and prestigious phones from trend-setting materials like chrome, stainless steel and titanium, Nokia has unveiled the 8600 Luna, which has been precision engineered

Redback Networks, an Ericsson company that makes video-centric routers for 75% of the world’s triple-play networks, announced its new SmartEdge 1200 multiservice edge router. The SmartEdge 1200 is the first million subscriber

The UAE’s tough stand on violators of Intellectual Property Rights (IPR) laws were evident once again with law enforcement authorities in the UAE conducting fresh raids on several IT resellers in the

The Cyprus Government is ready to give its full support and encouragement to any serious cooperation between Cypriot and Latvian companies, Cyprus Minister of Commerce, Industry and Tourism Antonis Michaelides said, addressing

Eurogroup Finance Ministers decided unanimously in Luxembourg on Monday to suggest to ECOFIN the accession of Cyprus and Malta to the Eurozone as of January 1, 2008. Chairman of Eurogroup and Luxembourg’s

The Cyprus Tourism Organisation (CTO) is seeking House approval for a budget of CYP 870.000 or EUR 1.5 mln to finance an advertising campaign on CNN and Eurosport to promote Cyprus as

FRANKFURT (Standard & Poor’s) –The recovering economies of Germany and France are supporting improvements in the sovereigns’ credit quality, but challenges remain, says a report published today by Standard & Poor’s Ratings