The Cyprus International Institute of Management (CIIM) and the Royal Institution of Chartered Surveyors (RICS), are joining forces to offer the Advanced Executive Programme in Real Estate; this is a unique course, designed to equip real estate professionals with the necessary new and comprehensive knowledge and skills, to answer continuing challenges in their profession effectively
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Regus Cyprus, the operator of two business centres with fully equipped offices providing ‘workplace solutions’ in Nicosia and Limassol, is looking to set up a new centre in the capital early next year. The new Regus property, with some 1,100 sq.m. in total office area available for rent, is on the busy Griva Digheni Ave.
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— Deals exceeded CYP 1 bln in 1H07  The Central Bank of Cyprus is engineering a “soft landing†for the hot property market through the introduction of tougher limits for banks to provide property loans, especially for holiday homes or speculative land purchases and loans directed at non-residents. The Central Bank has sent a
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Panasonic has launched its new range of full-HD plasma and LCD TVs from the Viera series, in the Middle East. The new line-up includes 65-inch (TH-65PY700), 58-inch (TH-58PY700E), 50-inch (TH-50PY700), and 42-inch (TH-42PY700) plasma TVs and a 37-inch (TX-37LX75) LCD TV. The latest models feature higher-quality reproduction of fast action scenes and render brilliant images
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Hermes Airports Ltd, the BOT operator of the island’s two main airports, expressed its regret over the injury of three workers during an accident on Tuesday afternoon at the construction site of the new Larnaca International Airport. The company said that work was progressing normally and that the project will be delivered within the pre-agreed
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The government of Cyprus has decided to rebuilt the Greek village of Artemida in Peloponnesus which was razed by the ongoing forest fires in the country and construction will begin as soon as possible. Government spokesman Vasilis Palmas told reporters after the cabinet meeting Wednesday afternoon that the village of Artemida was proposed by the
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Losses at the troubled Cyprus Airways Group reached CYP 6.82 mln (EUR 11,66 mln) in the first six months of this year, compared to a significantly higher loss of CYP 23.32 mln (EUR 39,87 mln) in the corresponding period of 2006. Total Group revenue, excluding Eurocypria’s revenue (CYP 21,1 mln) from the comparative figures of
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The value of building permits authorised in Cyprus continues to rise even while the number has fallen. According to the last figures from the Statistical Service, the number of building permits authorised by the municipal authorities and the district administration offices during May 2007 stood at 861, compared with 862 in May 2006. The total
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Industrial production in Cyprus rose by 4.5% over the year earlier in June, as the index of industrial production reached 124.3 (Base 2000=100), compared with 119 in June 2006. For manufacturing, the index for June 2007 reached 117.6 units, recording an increase of 3.8% compared to June 2006. Industrial production has revived in 2007, after
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Turnover in the Cyprus shipping sector rose by 8.5% year on year in the first half of 2007 if one extrapolates from transport data. According to the Statistical Service, the turnover index for “water transport†increased by 8.5% in January-June 2007 compared with the corresponding period of 2006. Since there is no transport by river
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