— Troubled carrier to raise CYP 3.6 mln from 6-day offer  The troubled national carrier, Cyprus Airways, launched a six-day marketing campaign Thursday to sell 60,000 tickets to six destinations to mark the airline’s 60th anniversary. Some 20,000 tickets were already sold during the first few hours of the offer, with requests coming in
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Panasonic has launched the DMC-TZ3 and DMC-TZ2 digital cameras from the Lumix TZ family in the Middle East market with a remarkable 10x optical zoom lens in a compact, stylish body. Both the DMC-TZ3 and DMC-TZ2 feature a 28mm wide-angle Leica DC lens. The TZ3 boasts 7.2 megapixels and a large, 3.0-inch LCD, while the
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Antonis Skoullos, until recently the Strategic Sales Manager of Oracle Cyprus, has taken over as Managing Director of the company after Pavlos Hadjidemetriou was promoted to Regional Director Network Partners for Oracle in charge of South East Europe and Austria. Skoullos has been with Oracle Cyprus for the past two years, while Hadjidemetriou joined Oracle
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Areeba has introduced ‘Holiday Chat – 30 days Pack’, a special pay-as-you-talk package for visitors to the island who want to stay in touch with home at low prices without paying roaming charges and avoiding incoming call charges. The Holiday Chat Pack is valid for a maximum 30 days and costs CYP 5 (EUR 8.60)
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Four trade unions at the Electricity Authority of Cyprus (EAC) will stage a 24 hour strike Wednesday over their difference with the government’s decision to introduce a floating storage facility for the imminent supply of LNG at the Vassiliko power plant. But the unions said that electricity supply is not expected to be interrupted. A
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It would seem that with the presidential race well underway and most potential candidates having declared their intent, stakeholders in various parts of society are taking advantage of the situation these days and aiming as high as possible in order to secure the best deal for themselves. The whole mess over the handling of the
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The Markets in Financial Instruments Directive (MiFID) is probably the most significant piece of EU securities legislation to date. It is already changing market dynamics which will impact all investment sectors and could offer new opportunities. Market participants need to consider fundamental strategic options in order to establish an effective operating model in the post-MiFID
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By Michael S. Olympios Chief Consultant Allied Business Consultants  “There is no definitive method for appraising a board’s effectiveness and performance†according to an IOD report on good boardroom practice. Although text-book prescriptions are hard to find, ownership structures are found to be key in assessing corporate governance risk. In emerging markets Fitch Ratings
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New knowledge, innovation and change in management ideas and practices, is the driving force behind the latest specialised workshops from CIIM entitled “Breakthrough ideas for your businessâ€. These top-level workshops, all of high practical relevance, aim to help managers and entrepreneurs adopt new thinking and new methods, which can make their businesses more effective and
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By David I Rumsey, 3D Global  Tax allowances on savings schemes are encouraging many individuals to set up their own pension plans. In years to come this will reduce pressure on the state social security system and will give individuals much more control on how their money is invested. There has been much debate
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