Ryanair, Europe’s favourite low fares airline, announced a new partnership with Travelport, a leading distribution services and e-commerce provider for the global travel industry, allowing Travelport-connected agents worldwide access to Ryanair’s low fares and comprehensive route network. The combination of Ryanair’s low fares, extensive route network at primary and secondary airports, and No 1 or
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* Code-share deal with CAIR * Qatar Airways will launch four weekly flights from Doha to Larnaca as of April 29, following the conclusion of an aviation transport agreement signed between the governments of Qatar and Cyprus on Sunday. The bilateral agreement was signed by Communications Minister Tassos Mitospoulos who headed a delegation that included
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The market opened negatively this week on the back of shocking news from China where a trade deficit of -$23 billion was announced. This was largely influenced by a huge drop in exports of -18.1% year-on-year – the biggest drop in Chinese exports since 2009 – and resulted in the yen strengthening against the US
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As from 22nd March 2014, citizens of Cyprus together with citizens of another 12 European Union member states will be exempted from the need to acquire pre-entry visas to the U.A.E. and that these visas will be free of charge. The 12 countries are Poland, Slovenia, Slovakia, Czech Republic, Lithuania, Hungary, Latvia, Estonia, Croatia, Romania,
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The governor of the Central Bank of Cyprus resigned on Monday, ending a year-long rift with President Nicos Anastasiades who tried to have him replaced by a trusted associate who will follow the administration’s policy for economy recovery and an exit from recession. Leicester University economics professor Paniccos Demetriades, who was appointed by the previous
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Nicosia Municipality is trying to emulate the City of London’s campaign to cut down on gas guzzling cars roaming around town and rewarding zero-emission vehicles by offering free parking, but only in select spaces. The town hall announced that owners of hybrid engine cars or electric vehicles (EV) who live or work within municipal boundaries
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The Democratic Party (DIKO) suffered another blow on Monday after three more cabinet ministers shunned their party leadership, despite the order for them to leave office by the end of this week, following the centre-right party’s withdrawal as a junior member of the governing coalition. Already, Energy and Tourism Minister Yiorgos Lakkotrypis, considered by opinions
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Dubai's rising growth in foreign trade reached a new peak for non-oil foreign trade of AED 1.329 trln (US$ 362 bln) last year, achieving an AED 94 bln (US$ 26 bln) increase from the 2012 value, which totalled AED 1.235 trln. Dubai Crown Prince and Chairman of the Dubai Executive Council Sheikh Hamdan bin Mohammed
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The Cyprus Institute of Marketing is hosting a pair of open lectures on two issues related to the current economic crisis. The first will be by Marios Loucaides, CEO of the island’s biggest retail group, CTC, who will talk about “Striving through the crisis and the way forward” on Thursday, March 13, at 6pm. Next
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Etihad Airways will expand its network in South East Asia with the launch of a non-stop daily service between Abu Dhabi and Phuket in October. Phuket is the largest island in Thailand and has emerged as one of the world’s most popular destinations for both holidays and retirement. Located in the Andaman Sea, tourists flock
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