The total sales of petroleum products in November decreased by 18.6% compared to the previous month. Figures released by the Statistical Service on Friday showed a decline in the provisions of aviation kerosene and gasoil for marine use, as well as in the sales of heavy and light fuel oil, motor gasoline and gasoil low
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In yet another setback for Turkey’s Prime Minister Recep Tayip Erdogan, a senior court has ruled against police prosecutors giving up the information used to charge government officials and their relatives of corruption. The Council of State, a court in the capital Ankara that deals with administrative issues, blocked a government effort to force police
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Dubai's non-oil foreign trade managed to cross the Dhs 1 trln (US$ 270 bln) threshold within nine months in 2013, to reach a volume of Dhs 1.009 trln by the end of Q3, compared to Dhs 918 bln for the same period in 2012. Dubai Customs statistics show that Dubai's non-oil foreign trade growth was
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Costas Tsielepis & Co Ltd, Chartered Accountants, has donated €5.000 to the Limassol Municipality to be used by the city’s community market to help the less fortunate. The donation was presented by the company’s Managing Director, George Tsielepis, to Limassol Mayor Andreas Christou, earlier this week. The mayor thanked the Tsielepis Group for the gesture
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Etihad Airways, the national airline of the United Arab Emirates (UAE), has signed a codeshare agreement with Aegean Airlines, Greece’s largest commercial airline. The agreement will see Aegean Airlines commence a four times a week service between Athens and Abu Dhabi on 30 March 2014 and, subject to regulatory approvals, Etihad Airways will place its
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"food from the heart", the Cyprus-based charitable venture started by Sir Stelios Haji-Ioannou's Philanthropic foundation, is to open two new outlets in Limassol serving lunchtime snacks to the needy. Following the huge uptake at its first kitchen located at Stelios House, it became apparent that the scale of help needed would require additional distribution points.
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The star of Bethlehem was most probably a supernova, a very bright stellar explosion that lasted for several weeks, according to an astrophysicist and member of the Cyprus Astronomical Society. Dr Stelios Tsangarides, told the state-run Cyprus News Agency that the prevailing scientific explanation for the Christmas star is that it was a supernova, a
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* U.S. shoppers seek bargains, Britons affected by weather, as Cypriots spend less * ’Tis the season to be merry, but not so for retailers around the world who have seen a drop in sales on the weekend before Christmas, affected by a hunt for last-minute bargains in the U.S., austerity in Cyprus and the
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Cypriots are not put off by the pessimistic mood of the economy and are keeping to their Christmas spending traditions, albeit at a slightly lesser pace than last year, a consumer poll has shown. The second annual Pulse Seasons survey showed that fewer toys and clothing will be given as Christmas presents, and less in
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. Marcuard's Market update by GaveKal Research The United Nations recently released a heartening update on its “millennium goals” for the developing world, with many of its 2015 targets on the way to being met, or indeed already met. The target to halve the number of people living on less than US$1.25 per day was
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