Moody’s Investors Service has upgraded the long-term foreign currency deposit ratings of eight Saudi Arabian banks to A1 from A2 and affirmed their Prime-1 short-term ratings. This rating action follows an earlier
Standard & Poor’s Ratings Services said today it assigned its ‘AA’ senior unsecured debt rating to the Emirate of Abu Dhabi’s (AA/Stable/A-1+) inaugural US$1 billion bond maturing in August 2012. “The ratings
The CSE Main Market Index closed the week at 5080.68, 2.9% lower than the previous week’s close of 5234.02. The average daily trading volumes amounted to €22.4m compared with €24.0m the previous
The Cyprus Chamber of Commerce and Industry (KEVE) handed a list of 180 businesses, which have signed the fair pricing code ahead of the adoption of the euro on 1 January 2008,
Cypriots are now better informed about the euro, their new currency as of January 1 next year, and are more friendly disposed towards the European currency, saying it will be beneficial to
…target 190 branches by 2009  Bank of Cyprus Group Pcl (BOCY) announced the imminent opening of 11 branches in Greece, raising the total number of branches there to 132 and on
The Cyprus Tourism Organisation (CTO) unveiled a draft outline of its plan to attract investment in the tourist industry, to be funded jointly by the European Union and the CTO. Speaking at
Hellenic Bank Pcl (HB) announced that the rate of acceptance of the Public Offer to the shareholders of Athena Cyprus Pcl (ATH) reached 28.68%. This does not include the issue of 5,788,027
Blog owners can now offer NanoScan, Panda Software’s new online virus scanner, to their readers. To do this, all they need to do is send an email to [email protected] and ask for
Epson has launched the Stylus C91, an A4 entry level home printer for everyday printing such as, documents, presentations, internet pages, homework and photos featuring four individual ink cartridges, making it cost-effective
