An incentive to keep improving quality  Tourism arrivals data for November underlined that this has been a difficult year for tourism in Cyprus. Despite a particularly warm November that might have attracted late bookings, tourism arrivals fell by 8.7% year on year in November, according to the Statistical Service. This brought the cumulative fall
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eDocuMAN, the Dubai-based electronic archiving solutions provider, has launched PDF Archiver, an e-paper enterprise solution with powerful imaging tools that will assist the organisation with electronic archiving of documents as ISO compliant PDF/A files. PDF Archiver is a desktop scanning application that enables users to scan, index and release litigation-ready images to corporate servers in
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Cyprus-based EMED Mining Public Ltd. announced the commencement of trading on AIM Monday of KEFI Minerals Plc (AIM: KEFI) following the successful placing of 46,666,667 shares at 3p to raise GBP 1.40 mln after which KEFI will have a market cap of GBP 2.66 mln. KEFI was formed by EMED Mining to manage its gold
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Edited by Michael Kyrou CFA Vice President CFA Society of Cyprus  To help navigate through the maze of financial data, CFA Institute created this checklist to use when analyzing a company and its financial statements and to better understand the due diligence that professionals undertake in developing successful investment strategies. In this issue of the
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Free movement of persons is one of the fundamental freedoms guaranteed by Community law and includes the right to live and work in another Member State. It is an essential element of the Internal Market and of European citizenship. In accordance with the Accession Treaty some Member States will limit the free movement of workers
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Cypriot President Tassos Papadopoulos said that yesterday’s decision by the permanent representatives of EU members to open the chapter Enterprise and Industrial Policy in Turkey’s accession negotiations is in accordance with the conclusions of the European Council. At the same time, he stressed that every member state, at an Intergovernmental level, maintains the right to
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The Cyprus House of Representatives after a three-day debate approved late Thursday the state budget for 2007, Cyprus‘ last budget before its entry to the EU Economic Monetary Union (EMU) on January 1 2008.The budget was approved by 36 votes in favour and 16 votes against. Coalition parties, left-wing party AKEL, Democratic Party and Social
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Cyprus Minister of Commerce, Industry and Tourism Antonis Michaelides paid an official visit to Egypt during which he discussed with the Minister of Petroleum of Egypt Sameh Fahmy issues concerning the research for oil reserves in the exclusive economic zones of the two countries, in the framework of agreements signed between the two countries, and
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The Cyprus Stock Exchange announced that on December 22 and 29, 2006, the trading will be extended until 17.00, reversing an earlier decision to shut down the Exchange from 13.00. The timing of the CSE Markets will remain as it is on a daily basis; The trading in the Main Market and the Shipping Market
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Marfin Popular Bank Public Co Ltd announced that following the first processing of the acceptance forms of the Public Offers, the temporary results are as follows:The acceptance forms concern– a rate of 95.30% of the ordinary shares and the share capital of “MARFIN FINANCIAL GROUP SA”– a rate of 86.42% of the ordinary shares and
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