The latest RICS Monitor shows a pick-up in commercial real estate sentiment across the globe during the first quarter of 2014. In Europe, investment sentiment rebounded in a number of hard hit euro area markets, while Russia experienced a sharp reversal. The results for Russia highlight an important decline across both the occupier and investment
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The EU Fund for Maritime and Fisheries Policies has granted Cyprus a total of 39.7 million euro for the years 2014-2020, almost double the amount the EU provided Cyprus with during 2007-2013. This, according to an official press release, was the result of intense and hard negotiations with the European Commission. The Ministry of Agriculture
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Cyprus recorded the fourth highest decrease (6.48%) in house prices during the 4th quarter of 2013, according to IMF`s Global House Price Index. The index is based on data from the Organisation for Economic Cooperation and Development (OECD), the International Monetary Fund (IMF), Global Property Guide and Haver Analytics According to the report, the highest
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Passengers on board Etihad Airways, the national airline of the UAE, can enjoy every FIFA World Cup football match ‘live’ on all of the air carrier’s long haul aircraft during the month long tournament, the globe’s biggest sporting event. All 64 games will be transmitted live at 30,000 feet on the airline’s modern, wide-bodied fleet
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Ryanair, launched a new city travel section on the Ryanair.com website, offering customers a comprehensive guide to each of Ryanair’s 186 destinations, across 30 countries. The new Ryanair guides include: – Hotel, accommodation and dining listings – Recommended things to see and do – Nightlife and shopping guides – Maps and general city information –
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. The election of pro-business Narendra Modi in India, who is determined to re-start the sub-continent’s growth machine and rekindle its dynamism, must be seen as a good omen for Cyprus. With the first messages already coming out of New Delhi suggesting that Modi wants to revive the old “Made In India” success story in
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cdbbank announce that it has successfully concluded an agreement for a significant capital increase which will strengthen its equity base. The existing shareholders have agreed to fully subscribe for their share issue allocation and a financial services group of investors (investment and commercial banking), natively Russian but acting globally has also entered as shareholder of the
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The 2014 tourist season will see an increase in markets such as Russia, while traditional markets such as Great Britain will reverse their downward trend, a confident President Nicos Anastasiades told the annual general meeting of the Cyprus Hoteliers Association. Tourism constitutes the driving force for the Cypriot economy and will greatly contribute to its
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Cyprus Energy Minister Giorgos Lakkotrypis has admitted that more natural gas reserves than the ones currently discovered are needed to render an onshore LNG liquefaction plant viable, confirming earlier comments and concerns published by analysts in the Financial Mirror. Addressing a seminar on energy sufficiency and renewable sources, Lakkotrypis said that the government’s decision to
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The President of Cyprus said on Wednesday that he looks forward to making the most of the prospects of the political cooperation with Russia. Addressing a reception hosted by the Russian Ambassador in Nicosia on the occasion of the Russian Day, President Nicos Anastasiades expressed his government’s deep appreciation for Russia’s principled stance on the
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