A. Panayides Contracting Pcl (APC) and TerraKapital, a Cyprus-registered private property investment company, have signed a EUR 9 mln land deal, where they will jointly develop the “Paradise Gardens†a residential project of 120 villas and 150 apartments, in Corbeanca, one of the fastest growing suburbs in north Bucharest. Just 6.5 kms from Bucharest International
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“Creating leaders with vision† The Master of Business Administration (MBA) programme of the University of Cyprus, the first self-financed programme within the state institution, has already enrolled 154 students from nine countries. Operating since September 2006, the programme offers two options: a one-year full-time MBA, and a two-year part-time Professional MBA programme. Both are
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The European Commission will launch the second EU Sustainable Energy Week on Monday to debate strategies for a more sustainable future in terms of renewable energy sources, energy efficiency, clean transport and alternative fuels. Though the focus of the campaign is energy efficiency and greater use of renewable sources as the main response to climate
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BEIJING (Reuters) – China grew 11.4 percent in 2007, the fastest pace in 13 years, but is headed for a modest slowdown this year as global demand weakens and credit curbs to cap inflation ripple through the economy. The softening was evident in figures issued on Thursday showing that annual gross domestic product growth eased
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DETROIT (Reuters) – General Motors Corp reported worldwide sales of 9.37 million vehicles in 2007, coming in just ahead of Japanese rival Toyota Motor Corp in a closely watched race for the top spot in global sales. GM, which was expected to lose its title of the world’s largest automaker for the first time in
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LONDON, Jan 24 (Reuters) – European index futures surged in early trade on Thursday, indicating hefty gains when the stock markets open at 0800 GMT as hopes of a U.S. rescue plan on bond insurers lifted Wall Street and Asian shares. By 0713 GMT, Euro Stoxx50 futures, DAX futures and CAC-40 futures were 3.3 to
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A two-member Fitch delegation – one of the world’s premier rating agencies – will visit Cyprus between 24 and 25 January 2008 in the framework of its annual evaluation of the Cypriot economy.The delegation will meet the Governor of the Central Bank of Cyprus (CBC) Athanasios Orpanides, the Permanent Secretary of the Ministry of Finance
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Cypriot voters will go to more than 1,000 polling stations on February 17 to cast their vote, in favour of one of the nine presidential hopefuls, contesting this year’s elections.The Chief Returning Officer has announced that 1.157 polling stations will operate in the five electoral districts (Nicosia, Limassol, Famagusta, Larnaca and Paphos) for the 515.994
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by Apostolis Zoupaniotis New York, Jan 24 (CNA) — The US State Department expressed satisfaction for the official visit of Greek Prime Minister Costas Karamanlis to Turkey, which began yesterday. US State Department Spokesman Tom Casey said “we have always believed it’s very important for our two good friends and NATO allies, Greece and Turkey,
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By Jeremy Gaunt, European Investment Correspondent LONDON, Jan 24 (Reuters) – Investors poured back into equities on Thursday, hoping a rescue plan for ailing bond issuers would stem credit losses, while allegations of a massive trade fraud at Societe Generale added to financial sector woes. Demand for bonds fell as equities rebounded but currency traders
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