Emirates has announced promotional Economy Class fares from Cyprus to selected destinations across the Middle East, Far East, Africa, and Australasia available for purchase both online at www.emirates.com/cy and from travel agents until November 17. The special return airfares from Cyprus, inclusive of taxes, start from €488 to Dubai; Singapore from €711; Bangkok from
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By Lukman Otunuga, Research Analyst, FXTM The dovish rhetoric of Thursday’s ECB’s press conference continues to linger on through the global currency markets with the EUR experiencing a hefty decline against most counterparts. A near 250 pip drop was seen on the EURUSD as prices cut through the 20 and 200 daily SMA resulting in
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* Anastasiades: 15 visa offices by the end of 2016 * Cyprus is expected to hire a private company to help with the process of visa applications in China, with President Nicos Anastasiades revealing during the Cyprus Real Estate Forum in Shanghai on Sunday that a network of 15 visa offices will be set up
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. By Oren Laurent President, Banc De Binary The South African Rand (ZAR) has been performing poorly in recent years, particularly during 2015 where it depreciated sharply against the USD. However, the tide is turning and the ZAR has appreciated sharply over the past week. There are several reasons for the sudden turnaround in the
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By Jameel Ahmad, Chief Market Analyst, FXTM After encountering some profit-taking over the past three days, Gold rebounded strongly on Tuesday and gained close to $15 to trade back towards $1180. Despite already recording gains close to $90 since the beginning of October, I remain bullish on Gold and believe that the metal can continue
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The future prospects for Egypt’s insurance market are encouraging, as a result of the improving economic backdrop and very low insurance penetration, according to Moody’s Investors Service. However the market’s growth will continue to be somewhat curtailed by high poverty and unemployment, a lack of skilled workers and relatively simple, albeit improving, insurance regulations. Egypt
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By Lukman Otunuga, Research Analyst, FXTM A sense of unease rattles the financial markets following the mixed response from the China GDP Q3 release of 6.9%. Market participants remain divided as even though the figure beat the 6.8% estimates, this was still the slowest pace of growth seen since the first quarter of 2009. A
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. By Mariana Antonescu When ‘social media’ first emerged, it was largely viewed as a way to build brand exposure. There is no doubt that social media sites offer tremendous opportunity in terms of marketing, but focusing a social media strategy solely on marketing can be somewhat limiting. Social media is actually far more powerful
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. Kudos to Labour Minister Zeta Emilianidou for seeing through and sticking to strict criteria for the low-income family benefit, known as the Guaranteed Minimum Income (GMI). This was a scheme introduced to help alleviate the financial pain of truly low-earning households or those with no income or already receiving benefits due to serious disabilities.
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Cyprus Capital Partners, the Nicosia-based private equity fund manager, is in the process of raising EUR 100 mln to invest in small and medium-sized enterprises with activities and profitability abroad. The company’s CyCap Opportunity Fund www.cycap.eu is a private equity investment fund “targeting venture, growth and expansion opportunities arising from the exceptional circumstances now emerging
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