The European Office of Cyprus and the British Council in collaboration with the Research Promotion Foundation are launching the fourth national competition FameLab that seeks out new talent in science communication, able to develop a scientific phenomenon in public within three minutes. Originally created by the UK’s Cheltenham Science Festival, the idea of the competition
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* Message for cultural tourism not getting across, says PwC/UNic survey The sun and the sea are still the most important criteria for choosing Cyprus as a tourist destination, according to a PwC and University of Nicosia survey, with 95.6% of respondents saying that the "Sun and sea" is the main factor. When investigating other
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The completion of the recapitalisation and restructuring process for the Cypriot banks should improve confidence and contribute to funding stability in the system, according to Fitch Ratings, adding, however, that the banks will remain vulnerable to funding and liquidity risks and exposed to intense asset quality and profitability pressures in the recession. So, ratings are
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Kuwait to the rescue? Wants to contribute to recovery of economy President Nicos Anastasiades said that his visit to Kuwait had so far proved “absolutely successful”, noting that Kuwait intends to contribute to Cyprus efforts for the recovery of the economy. In statements to the press, after an official lunch hosted by Crown Prince Nawaf
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* CEO maintains aim for 50% mobile market share * ICT acquisitions in 2014; €5 mln investment for 4G MTN Cyprus has set an ambitious course to diversify its revenue base and portfolio of telecom services by focusing heavily on the newly established MTN Business operations with two dedicated centres in Nicosia and Limassol. CEO
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. By Rakis Christoforou BBA, CPA/ABV/CFF, MCSI, CGMA, ACFE The forensic accountant, acting as an expert witness, must remain objective and consistent, very similar to an auditor performing audit work. He will most probably be asked to testify at court. Therefore, he must apply facts fairly and impartially and resist pressure to support client position,
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. By Dr Andrestinos N. Papadopoulos, Ambassador a.h. We certainly refer to Resolution 2118(2013) of the U.N. Security Council concerning the use of chemical weapons in Syria, adopted on September 27. After 17 months of inaction, due to three vetoes of China and Russia to draft resolutions submitted by France and its partners (4 October
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New prospects in the financial services sector Crisis creates opportunities: New prospects in the financial services sector By George Theocharides Cyprus International Institute of Management Six months have passed since the tragic events of last March that rocked the Cyprus economy, and the country is still trying to regroup and understand the magnitude of the
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. The 180-page report of the panel of inquiry into the demise of the banking system and the subsequent collapse of the economy, failed to deliver on the public’s main demand – a quest for justice, to find the guilty parties and punish them. Then again, that was not the mission of the panel that
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. By Rakis Christoforou, BBA, CPA/ABV/CFF, MCSI, CGMA, ACFE Defining Business Valuation Business valuation is a processed set of procedures used to estimate the economic value of an owner’s interest in a business. In addition to estimating the selling price of a business, the same valuation tools are often used by business appraisers to resolve
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