Residential dominates  The value of building permits authorised in Cyprus rose by 8.3% year on year in January to October, to reach CYP 1.18 bln, or 14% of likely GDP in 2006, according to our calculations. In the same period the number of building permits rose by 8.3% and the area of permits rose
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Pantech Group, the leading Korean handset manufacturer, has announced the launch of IM-S150, a new compact clamshell phone accepting the Korean traditional patterns on the surface as part of its design innovation initiatives. The new phone is likely to appeal to the trend-conscious customers for its stylish and compact design. The IM-S150 is 7.8cm in
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Left-wing AKEL party and Turkish Cypriot Republican Turkish Party (CTP) are set to meet early January, AKEL’s Parliamentary Spokesman Nicos Katsourides has said.Katsourides along with AKEL’s General Secretary Demetris Christofias attended tonight a reception, hosted by CTP’s leader Ferdi Sabit Soyer in the occupied part of Nicosia, to mark the 36th anniversary since CTP’s establishment.During
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Cyprus and Greece will sign a cooperation memorandum on education, during a two-day official visit to Cyprus by Greek Minister for National Education and Religion Marietta Yiannakou, who arrives on the island today.During her visit, Yiannakou will be received by Cypriot President Tassos Papadopoulos and House President Demetris Christofias. She will meet with Cypriot Minister
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by Athena Arsalidou (CNA) The European Union German presidency has assured that it would do its utmost to accommodate the parties concerned in order to work towards a comprehensive settlement of the Cyprus problem, in line with the relevant UN Security Council resolutions and based on the principles on which the EU was founded. This
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Ocean Tankers Holdings Public Company Ltd (OCT) announced that within the framework of the Company’s policy for the improvement of its fleet, it has reached an agreement for the purchase of a tanker of new generation. The new tanker is the M/T Montauk, year of Manufacture 1999 under US flag, registered with the American Bureau
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Alliance International Reinsurance Pcl (ALL) the acquisition of 100% of the share capital of Uni-Alliance Insurance Holdings Ltd (Uni Holdings). Uni Holdings owns 100% of the share capital of Crawley Warren International Insurance brokers Ltd (CWI), operating as an insurance broker, and Uni-Alliance Insurance Brokers Ltd (UB). Khader Hemsi (Chairman and CEO of ALL) and
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— Named ZDNet Asia Top Tech 50 Vendor  Brother International has been awarded a top vendor position in the ‘Systems’ category of the second ZDNet Asia Top Tech Index 2006/2007, in recognition of its financial performance that saw the information and communication technology company achieve an all-time high of US$2.23 bln in revenue in
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— Spamta.PV worm, Trj/peSky.A Trojan and Adware/MalwareAlarm  Panda Software’s weekly report looks at the Spamta.PV worm, the Trj/peSky.A Trojan and Adware/MalwareAlarm. Spamta.PV is a worm that connects to a web page to download updates of itself. Also, it drops several files onto the target computer. These files are components of the worm. Spamta.PV spreads by emal in a message with variable
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According to the latest data from the Statistical Service, construction materials prices in the period January-November 2006 rose by 5.104% over the corresponding period of the previous year. The price index of construction materials for November alone reached 133.68 units (base year 2000=100.00), recording an increase of 0.33% over the previous month. The breakdown of
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