Efforts are underway to establish Cyprus on the international tourist map as a destination offering a wealth of unique experiences beyond the traditional ‘sun, sand and sea’. Within the framework of its “Rural Tourism Promotion Plan†(50% funded by the European Regional Development Fund), the Cyprus Tourism Organisation (CTO) is planning a series of events
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The combined first half profit of companies listed on the Cyprus Stock Exchange more than doubled to EUR 880.91 mln in January-June 2007 compared to EUR 420.76 mln reported in the same period a year ago. This is further confirmation that the corporate earnings growth is solid and the 27% increase in the CSE General
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Five central banks will decide on interest rates this week with only Sweden likely to hike rates on Friday by 25bps to 3.75%, while the Bank of Canada (BOC) and the Reserve Bank of Australia (RBA) meeting on Wednesday and the Bank of England (BOE) and the European Central Bank (ECB) meeting on Thursday are
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Bank of Cyprus and Marfin Popular Bank titles will be incorporated in the Dow Jones STOXX EU Enlarged 15 index, replacing the Slovenian Petrol and Hungary’s Richter Gedeon.
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The new Colombian Ambassador to Cyprus, Sabas Pretelt de la Vega, has expressed satisfaction with efforts made by the Cyprus government to find a definitive solution to the Cypriot issue, within the framework of the principles and rules of international law. Receiving the ambassador’s credentials, President Tassos Papadopoulos said “we have been closely following your
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Egypt has been instrumental in the efforts to achieve a viable and lasting solution to the Cyprus problem, in accordance with the relevant United Nations resolutions and principles of international law, President Tassos Papadopoulos said Tuesday, receiving the credentials of the new Ambassador of Egypt Ahmed Ragheb. Papadopoulos reiterated his commitment to a solution of
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Investors have become more risk aware in the last few weeks due to the financial market turmoil and we think increased cautiousness is here to stay. This has clear consequences for foreign exchange markets leading UBS strategists to change their forecast accordingly. UBS analysts have replaced their old 3-month forecast, which reflected a comfort with
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The World Health Organization (WHO) is appealing to countries to increase their support for mental health services. The appeal is part of a series of six reviews on global mental health which are being published in the journal The Lancet. WHO has worked closely with The Lancet to generate the evidence and formulate the call for
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Trapeze Networks, the award-winning global provider of Smart Mobile wireless solutions, in collaboration with East Meets West (EMW) of the Middle East, will present its newly developed range of Smart Mobile products, including the Mobility Point 432 (MP-432), which is the industry’s highest performance enterprise-class access point for high-bandwidth 802.11n networks, during its participation at
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Life just got more entertaining with the new N-Gage mobile gaming service. The service allows you to try all N-Gage games for free from any one of the tens of millions of compatible Nokia devices in the market. Once captivated, you can conveniently download and buy a game on your device or PC and continue
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