The International Accounting Standards Board (IASB) has recently issued guidance clarifying the extent to which pension scheme surpluses may be recognised as a balance sheet asset where there is a statutory or
Total advances and loans by all Cyprus banks galloped up at a 26% pace reaching CYP 13.62 bln (EUR 23.2 bln) at the end of June, according to figures released by the
Top Kinisis Travel subsidiary, Kinisis Aviation, is general sales agent for Continental Airlines that started direct flights from New York to Athens last month. The direct connection from Athens will open up
Moody’s Investor Service has revised higher the credit rating of Cyprus on foreign currency from “A2 Positive†to “A1 Positiveâ€. According to a statement issued by the Ministry of Finance, Moody’s also
Personal in Paraguay has awarded Ericsson a contract to expand, modernize and upgrade its GSM network with mobile softswitch, to efficiently increase coverage and capacity nationwide. Ericsson’s Mobile Softswitch Solution will upgrade
Panasonic has announced the Middle East launch of its latest addition to the Lumix family of high-performance digital cameras – the DMC-FX100. The camera combines a superb, 28mm wide-angle Leica DC lens
Mellon Romania S.A., provider of value added services and advanced technological solutions to financial institutions and other big organizations in Romania, announced today its nomination in 4 categories during the 2nd Annual
Lycos Europe N.V., one of the leading European portal providers and online advertisers, today published its unaudited condensed consolidated interim financial statements for the first half year 2007. The EBITDA of the
Demand for electricity stood at 995 Megawatts on Tuesday morning, with the total available production being 1,006 Megawatts, as Cyprus is still sweltering in a heat wave and occasional blackouts have been
An increase in aircrafts traffic by 5.6%, by 1.0% in passengers traffic and by 2.3% in cargo traffic was recorded during April 2007 at Larnaca International Airport, whereas in May 2007 aircrafts
