EIB to loan EUR 100 mln for Cyprus sewage

The European Investment Bank (EIB) announced on Friday the first tranche of a 70 mln euro financing to support the continuation (Phase B) of the Limassol District Sewerage and Drainage Project.This is

Cyprus Central Bank keeps rates unchanged

The official interest rates of the Central Bank of Cyprus, that is the minimum bid rate on the main refinancing operations, the interest rate on the marginal lending facility and the interest

Ericsson to supply HSPA to Wataniya Kuwait

Ericsson has been selected to upgrade Wataniya’s network with full 3G/HSPA functionality that will boost the operator’s mobile broadband offering to end-user in Kuwait. Commercial launch has already started. Under the agreement,

Six worthless excuses to invest

Everyone knows the key to building wealth is through saving and investing. Yet last year, the U.S. Commerce Department’s Bureau of Economic Analysis revealed that Americans had a negative savings rate for

Turkey cannot choose issues to be solved

Cypriot President Tassos Papadopoulos has said ”Turkey cannot choose by preference what issues will be solved at the end of the procedure for a Cyprus settlement and what can be discussed now.”

Registrations of Motor Vehicles decline

A decrease was recorded in the registration of motor vehicles and private saloon cars for the period from January to September 2006 compared to the same period of 2005. During the same