The International Air Carrier Association (IACA) renewed their calls to Hermes Airports Ltd., owners of Larnaca and Paphos airports, to urgently review their drastic increase in airport charges. Hermes, which took over the operation of Larnaca and Paphos airports in May 2006, introduced a series of new charges for handling, security, fuel throughput and fire
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The Board of Directors of Bank of Cyprus Public Company Ltd will convene on Thursday 27 July 2006 to examine the Bank of Cyprus Group financial results for the six months ended 30 June 2006. On the same day, the financial results will be announced to the Stock Exchange and the Press. During the first
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Nokia has won a managed services and 3G/HSPA network deal with mobily, a brand of Etihad Etisalat Company (EEC), in Saudi Arabia. Under the agreement, Nokia will provide as a managed service (build-operate-transfer) network optimization, operation and maintenance, care and hardware services and training. In addition, Nokia will provide installation, commissioning, integration, project management, network
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According to the Ministry of Finance, a recent report by Standard and Poor’s rating and research agency ranks Cyprus first in terms of “fiscal flexibility” among 28 European countries. The report ranks the 25 EU member states plus Norway, Iceland and Switzerland, in a 2006 fiscal flexibility index. Cyprus is ranked first, followed by Switzerland
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President of the Republic of Cyprus and leader of the Greek Cypriot community Tassos Papadopoulos and leader of the Turkish Cypriot community Mehmet Ali Talat meet on Monday morning for the first time since the failed referendum to reunite the island. The two men will meet at the residence of the UN Secretary General’s Special
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The Asia – Europe Meeting (ASEM) Interfaith Dialogue, hosted by Cyprus and Malaysia, starts today in the southeastern coastal town of Larnaca and runs until July 5. The President of the Republic Tassos Papadopoulos will officially open the deliberations of the 2nd ASEM, which will deal with the issue of “Interfaith understanding and cooperation for
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A memorandum of cooperation has been signed between the Republic of Cyprus and Romania. The protocol aims to promote cooperation in the areas of trade, industry, tourism, investment, agriculture, transport, science and research. It was signed during the 12th Meeting of the Permanent Intergovernmental Cyprus – Romania Committee, established on the basis of the Agreement
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Marcos Baghdatis, the tennis player who became the first Cypriot to reach the finals at the Australian Open earlier this year, will play Briton Andy Murray in the fourth round of the Wimbledon tennis tournament. On Saturday Baghdatis beat by 3 set to 1 French player Sebastien Grosjean (4-6, 6-4, 6-4, 6-1). Murray won the
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