A Cyprus Tourist Organisation delegation, headed by the Organisation’s President Panos Eglezos will visit London in September to hold contacts with competent organizations with a view to boost the tourist trade from Britain to Cyprus during the next year.The delegation will meet with tourist organizations Τhomson, Thomas Cook, First Choice and Μy Travel and with

Leda Investment Public Company Ltd announced that it has signed an agreement for the purchase of a plot on October 28th Avenue in Makedonitissa, Nicosia, which hosts a two-storey building with Diogenes Erotodou and Sons Ltd and Kykkos Holy Monastery. The owners of the plot have no direct or indirect relation to the Company. The

The Cyprus Securities & Exchange Commission (CySEC) has approved the publication of the tender document submitted by Andreas Constantinou (Offeror) seeking to acquire a minimum 50% plus 1 share and a maximum 100% of the issued share capital of Constantinou Bros Hotels Public Company Limited. The PO Document dated August 22, 2007 contains full information

CPI Holdings Pcl (CPIH), majority owned by AL ProChoice Financial Services has said that its land holding situation at Moni area in Limassol spanning an area of 63 donums, 400 meters away from the sea is in an agricultural zone and its estimated value as at 31/3/2007 stood at CYP3 mln (almost 50,000/donum), but its

Arrivals of tourists to Cyprus rebounded in the key summer month of July, rising by 3.2% compared with the same month of 2006 to 354,423 tourists. This was welcome news for the struggling tourism sector, which saw arrivals fall for ten months in a row to May and climb by only 0.8% in June. Arrivals

Tightening financial conditions have set the stage for early Fed easing according to Citigroup economists who believe that the euro will continue higher and reach levels above 1.40 while the dollar is seen declining to levels close to 110 against the yen. The next step will be shifts in the policy outlook. Recently, Citi analysts penciled

Expanding its lineup of consumer-friendly, easy-to-use external hard drives, Western Digital Corp. recently announced that all models of its My Book dual-drive storage appliances are now available in capacities up to 2 TB (terrabyte). From remote access and sharing anywhere in the world to simple add-on storage, backup and mirroring, the My Book dual-drive storage

Motorola, Inc. announced contracts worth US $394 mln with China Mobile Communications Corporation (CMCC) for GSM network expansion. The multiple contracts were signed in the first half of 2007 and reflect Motorola’s ongoing leadership in providing comprehensive telecommunications solutions. Motorola supplied CMCC with GSM infrastructure equipment such as its Horizon II base stations, in addition

Nokia announced at the GC Developers Conference (GCDC) 2007 that SNAP Mobile Games will be available to German consumers in the fall of 2007. The initial games offered include SNAP Mobile’s flagship games of Pocket Party titles including JellyPop and Sudoku, which are already available in Asia Pacific and North America. The SNAP Mobile games