The Monetary Policy Committee (MPC) of the Central Bank of Cyprus decided to keep interest base rates at 4.5%. The official interest rates are set at the following levels: • Minimum bid
According to the Bank of Cyprus Dividend Reinvestment Plan, the price at which the interim dividend for 2006 will be reinvested into shares is CYP 5,07 or EUR8,75. It is reminded that
Nokia and Italian operator Wind Telecomunicazioni S.p.A. have signed a three-year frame agreement for the turnkey supply of a WCDMA 3G radio network solution and a range of other services. The modular,
Ericsson and Intel Corporation will work together to accelerate deployment of services and applications on mobile PCs, powered by Ericsson’s mobile broadband and IMS solutions and Intel Core Microarchitecture for mobile clients
Motorola, Inc. has been selected by BT to supply Mesh Wi-Fi network infrastructure and services for six of BT’s Wireless City initiatives across the UK. The contract will see Motorola design, deploy
PandaLabs, Panda Software’s anti-malware laboratory, has detected a rapid increase in the number of incidents caused by a new variant of the Spamta worm. In one 12-hour period, incidents involving this malicious code multiplied rapidly.
PandaLabs, Panda Software’s virus detection laboratories, will shortly be publishing a new report on the evolution of malicious code. The report will reveal, among other developments, how the number of Trojans detected
Tourism revenue has managed to grow in 2006 despite a fall in tourism arrivals. On the basis of the results of the Passenger Survey, revenue from tourism reached CYP 122.9 mln in
A Cyprus-based development company, Kerlengou Island Investments Plan Ltd, has bought the 12-square-kilometre island of Dhokos, in the Saronic sea off Hydra, and plans to develop a mega-project worth EUR 2 bln.
Bank of Cyprus staff have managed to boost productivity by 60% during the past two years, helping drive the Bank’s profits higher and higher, which at the same time has been instrumental
