Serco Group plc announced that the Dubai Government Roads and Transport Authority (RTA) has selected it as preferred bidder to operate and maintain the first two lines of the new Dubai Metro. The first two lines will provide 76 kilometres of track and are predicted to carry 200m passengers per year. The first line opens

With the latest application sent to Lufthansa Miles&More from a new Cypriot registrant, Lufthansa Miles and More, the frequent flyer program of the German carrier, has passed the margin of 30,000 members. “This is a real success and proves the attractiveness of the program for the Cypriot travellers”, said Kathrin Pfeiler, General Manager for Cyprus.

International investors remain bullish about the outlook for emerging markets, despite concerns about recent equity market volatility and emerging market bond spreads that remain historically narrow, according to a new survey of fund managers by Standard & Poor’s, the leading provider of financial market intelligence.The S&P Emerging Markets Sentiment Survey, which has been launched to

Cypriot President Tassos Papadopoulos announced on Thursday that the European Council had approved the proposals of the European Commission and the European Central Bank for the accession of Cyprus and Malta to the Eurozone on 1 January 2008.He added that the Council would instruct ECOFIN to set a date for the parity of the Cyprus

The European Union’s Economic and Monetary Affairs Commissioner, Joaquín Almunia, expressed his satisfaction on the progress of the adoption of the euro in Cyprus and Malta and their approval by the relevant authorities. “I am happy that the European Council has welcomed the adoption of the euro in Cyprus and Malta as proposed by the

Motorola and Wannado City have announced the grand opening of the M-Lab, Motorola’s innovation-centric venue within America‘s first indoor role-playing theme park for kids in Sunrise, Florida, outside Ft. Lauderdale. Wannado City, where “kids can do what they Wannado”, lets children experience a variety of occupations, from fire fighter to doctor to airline pilot. Now,

WTO Doha trade negotiations between Brazil, India, the US and the EU ended in Potsdam on June 21, with negotiators unable to close key gaps between them, especially on the important issue of tariff cuts for industrial goods from the large emerging economies. Speaking to journalists after the meeting EU Trade Commissioner Peter Mandelson said

iBAHN, an industry leader in delivering secure, reliable broadband services for travellers and groups at hotels and conference centers worldwide has selected to deploy Motorola PowerBroadband technology in multiple, large-scale hotel applications. iBAHN has recently utilized Motorola’s mT2a system in multiple hotels in conjunction with its NextConnect service, and is now endorsing the mT2a PowerBroadband