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Business - Page 277

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TECH: Cypriot software developer InfoScreen celebrates 20 years

Cypriot software developer InfoScreen celebrates 20 years of successful operations in Cyprus and abroad. Within this framework, the company hosted a press lunch to present significant milestones of its history and its

5th March 2015
Business

INSURANCE: Qatar is fastest growing GCC market, to continue rapid growth

Qatar's insurance market will continue to experience significant growth over the coming years given its low insurance penetration level in the region, according to Moody's. The rating agency notes that the largest

4th March 2015
Business

MIDEAST: Low oil prices to pressure GCC banks’ liquidity, profits

The likely impact of a prolonged period of low oil prices on banks from the Gulf Co-Operation Council (GCC), and the unique interlinkages that exist between oil, public spending and banks in

4th March 2015
Business

OIL: Companies move to limit damage of sinking crude prices

 * Exxon Mobil and Shell best poised for turnaround * The 50% drop in crude oil prices since mid-2014 will result in negative free cash flow for the international oil companies (IOCs)

3rd March 2015
Business

TELECOM: Huawei unveils Android watch at Mobile World Congress

Huawei broke new ground in the wearables space by unveiling its Android Wear-powered smartwatch at Mobile World Congress (MWC) in Barcelona. The fully circular watch features a 1.4-inch touch-sensitive AMOLED display, scratch-proof

2nd March 2015
Business

TELECOM: Orange launches €35 smartphone for Africa and Middle East

Orange launched its Klif digital offer at the Mobile World Congress in Barcelona starting from under US$40 (€35), inclusive of a smartphone, data, voice and text bundle, for its Africa and Middle

2nd March 2015
Business

GREECE: Capital flight accelerates dramatically, controls needed says Ifo

Capital flight from Greece accelerated dramatically in January, with the Greek central bank asking the other central banks in the Eurozone, as well as the ECB, to fill foreign bank accounts with

27th February 2015
Business

TAX: Eurofast appoints Regional Manager for Western Balkans

Cyprus-based Eurofast, the indepedent tax and advisory group within the Taxand network, has appointed Nemanja Paskulov as its new Regional Manager for the Western Balkans. In his role Nemanja will be working across

27th February 2015
Business

GERMANY: Firms recruit fewer staff in February

German firms proved slightly less willing to recruit new staff in February, with the Ifo Employment Barometer dropping to 106.8 index points from 108.1 in January. There were setbacks in the service

27th February 2015
Business

BELARUS: Moody’s reviews 6 banks’ long-term ratings for downgrade

Moody's Investors Service has placed on review for downgrade the local-currency and foreign-currency deposit ratings of six Belarus banks — Belarusbank, Belagroprombank JSC, BPS-Sberbank, Belinvestbank, Minsk Transit Bank and Delta Bank following

27th February 2015
Business
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