Fitch lifts Cyprus bank ratings

Fitch Ratings, the rating agency states that all the three major Cyprus banks have significantly enhanced their profitability and asset quality in 2006 although challenges remain in sustaining their improvement. According to

Areeba Cyprus doubles airtime for pay-as-you-talk users

Areeba, the island’s pioneer private mobile telephony provider, has announced its latest offer regarding pay-as-you-talk packages. This applies to all pay-as-you-talk activations made up to June 11.  Customers are automatically given double

J&P Cyprus wins Jordan airport BOT contract

A joint venture comprising Joannou and Paraskevaides (J&P), the Cyprus-based construction giant with ongoing projects across North Africa, the Middle East, Greece and Cyprus, and other partners has won the 25-year build-operate-transfer

WHO launches campaign to save lives and avoid harm

The World Health Organization (WHO) is today launching “Nine patient safety solutions” to help reduce the toll of health care-related harm affecting millions of patients worldwide. “Recognizing that health care errors affect

Bank of Cyprus secures control of Cytrustees

Bank of Cyprus Public Company Limited announced that its Public Offer to the shareholders of Cytrustees Investment Public Company Limited (Cytrustees or theTarget company) for acquiring up to 50% plus 1 share

UASC looks to Cyprus for new ports

— Aims to join shipping ‘big league’   The United Arab Shipping Company, ranked the 23rd biggest in the world with a fleet of 33 cargo vessels and nearly 180,000 containers on

Ten years of Action in the Balkans

Action Global Communications, the region’s leading Public Relations network, celebrates this year its tenth anniversary in the Balkans with an expanding and diverse client portfolio of multinational companies and organisations in its

BA voted Airline of the Year at OAG awards

British Airways was voted “Airline of the Year” by frequent travellers from across the world for the fifth time in the 25-year history of the Official Airline Guide (OAG) annual awards, one