On the basis of the results of the Passengers’ Survey, 67,999 residents of Cyprus returned from a trip abroad in November 2007, compared with 57,626 in the corresponding month of 2006, recording
Anheuser-Busch, Inc., the U.S. beer subsidiary of Anheuser-Busch Cos., Inc., increased U.S. shipments to wholesalers to 104.4 mln barrels in 2007 — up 2.1 mln barrels or 2% over 2006, according to
BT has selected Motorola as the lead supplier of next-generation set-top boxes for its BT Vision digital TV service. Motorola will supply BT with second-generation V-Boxes boasting a new look, the potential
The euro changeover has proved to be a success in Cyprus and Malta in the first week of January. The changeover of all cash and non-cash transactions to the euro appears to
The adoption of the euro in Cyprus and Malta is proceeding very swiftly and this is testimony to the good preparations beforehand for which all involved in the two countries, starting with
The market for outsourced IT services in the UAE is projected to reach USD 170.5 mln in 2010 from the USD 81.27 mln recorded in 2006, according to the latest IDC reports.
Zain in Saudi Arabia and Nokia Siemens Networks have signed a contract to roll out a state-of–the-art greenfield mobile network in the Kingdom. Nokia Siemens Networks will supply a full turnkey 2G
Moody’s global speculative-grade default rate drifted lower in December, closing 2007 at 0.9%, down from its level of 1.7% a year ago, Moody’s Investors Service reported today. The global default rate is
The roots of the current credit crisis are extremely deep and quite strongly entrenched, Moody’s Investors Service said in a new report. In addition, given that the global financial system has become
AB Vassilopoulos agreed to acquire the discount store chain Plus Hellas for EUR 69.5mln, according to Greek press reports. Plus Hellas, a subsidiary of the German group Tengelmann, operates 33 stores, with
