The global entertainment and media (E&M) industry is experiencing sustained growth and will increase at a 6.4% compound annual growth rate (CAGR) to $2 trln in 2011, according to the PricewaterhouseCoopers Global Entertainment and Media Outlook 2007-2011. Double-digit growth is expected for digital and mobile spending during the next five years rising to $153 bln
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Finance Minister Michalis Sarris has a lot to thank Nicos Shacolas and the NK Shacolas Group who took the initiative and pledged that when the euro is introduced on January 1, 2008, they will commit themselves to fair pricing and after conversion, they will round-down prices by up to 1% on all items. With a
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Noesis Business Solutions has been named a Microsoft Gold Certified Partner for Business Solutions, due to its commitment and success in demonstrating expertise with Microsoft technologies and a proven ability to meet customers’ needs. “Our new status will enable customers to further identify Noesis as having proven expertise in delivering high-quality ERP business software solutions.
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Mellon Group of Companies announced increased revenues for 2006 underlying the Group’s solid growth both in its home market Greece and abroad. Total consolidated revenue for 2006 was EUR 50 mln, 50% higher than 2005. Consolidated earnings before taxes grew to 1.3 mln. Mellon Technologies, the parent company of the Group, also reported strong results, with
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Edutech Middle East, a leading provider of technology-enabled learning solutions, will organise the second ‘UAE National Robotics Olympiad’ to be held at Dubai Men’s College on October 16 under the patronage of the UAE Ministry of Education. A panel of judges will select two teams to participate from two different categories in the World Robotics
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The European Union’s Commissioner of Agriculture and Rural Development, Marianne Fischer Boel, arrives for a three-day visit of the island on Thursday that includes a tour of the wine producing areas. The Commissioner arrives at Larnaca Airport Thursday morning and will have a working lunch with the Minister of Agriculture Natural Resources and Environment Photis
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The Kof economic barometer rose to 1.98 in June after a downwardly revised 1.94 (from 1.96) in May, slightly below Citigroup Research forecast (1.99) and the consensus (2.0). The June’s rise primarily reflects a gain in the “Export to EU†component, thanks mainly to stronger order books’ assessments and exports in June. However, the “industrial
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The Commission today adopted a proposal to allow the establishment of European political foundations. The proposal will create new opportunities for strengthening informed debate on current and future European issues. The proposal should be seen in the context of the conclusions drawn from the debate that took place during the period of reflection. “Plan D”
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Mumbai, India’s financial capital is one of the most expensive places in the world to buy a condominium unit, according to a Global Property Guide survey. Apartments in South Mumbai cost around US$9,000 to US$10,200 per square metre. “Such stellar prices can only be found in the world’s leading cities,†says Yasmin Rahman, yields and
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Bank of Cyprus Public Company Ltd announced the introduction of 753.177 new ordinary shares, which will be introduced for trading on the Cyprus Stock Exchange and the Athens Exchange on July 4, 2007 resulting from the recent increase in the share capital by CYP376.588,50 (EUR645.727,88). The new shares to be introduced have resulted from the
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