The Cyprus International Institute of Management reached an important milestone in its near 20 –year history having signed a joint venture agreement for the creation of CIIM Gulf — a branch of
The Royiatiko Hotel in old Nicosia is the latest addition to efforts to revive the within-the-walls part of town. The owners, Yiota Georgiou and her father Yiannakis, invested 9 mln euros to
The largest Mexican style restaurant chain Taco Bell, has just opened its first operation in Cyprus at My Mall Limassol. The opening was celebrated by a party full of fun, food, music
Oil traded flat at below $79 a barrel, off a five-week high the previous session, as a firming dollar offset colder U.S. weather and concerns over political developments in Iran. U.S. crude
Spain takes over the presidency of the European Union for six months from Jan. 1, with ambitious aims of securing the bloc's economic recovery even as it tackles severe challenges to its
U.S. employers expect to hire more new workers in 2010 than they did in 2009, a sign the U.S. recession may be easing its grip, research showed on Tuesday. One-fifth of employers
The Cypriot owned E-Clear card-payment processor is under investigation in the UK over its alleged role leading to the collapse of the Scottish low fare airline Globespan and Allbury Travel, which specialised
All nine members of the Bank of England's Monetary Policy Committee voted to keep interest rates at a record low of 0.5 percent and maintain the 200 billion pound asset buying programme
Britain's service sector growth slowed to 0.1 percent in October from a slightly upwardly revised 0.5 percent in September after a fall in distribution services output, official data showed on Wednesday. The
Revenue from tourism has recorded a decrease of 15,7% in November 2009, compared to November 2008. According to data released by the Statistical Service of the Republic of Cyprus, revenue from tourism
