Dynamic Works, a leading provider in Web, Intranet, Extranet, CRM (Customer Relationship Management) and business management solutions across an ever growing range of industry segments, announced that it has been formally awarded the ISO 27001:2005 by one of the top certification bodies in the world, NQA. This means the company has been independently certified and
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The turnout in Sunday's elections for mayors and municipal councillors is expected to be lower than in previous polls, as many are disappointed from the island’s political leadership. In all, 546,000 people are registered to vote, of whom 12,343 are EU citizens, permanent residents of Cyprus. All parties have put forward candidates and some alliances
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Bank of Cyprus said on Monday it had completed the issue of 1 bln euros in three-year covered bonds paying an interest of 3 month Euribor plus 1.25%. The bonds were launched off a covered bond programme worth up to 5 bln euros, the bank said in a statement. The three-year duration can be extended
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The government hopes to raise over 400 mln euros from back taxes, Finance Minister Kikis Kazamias said on Saturday, of which 167.5 mln are due from last year, 165 mln from the past 2-5 years and the remaining 90 mln date back six or more years. He also said that the state has sued people
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New advisory group needed Cyprus losing its grip as a financial centre New advisory group needed BY ANDREAS NEOCLEOUS I have written on a number of occasions to express my concerns at a decline in Cyprus's relative competitiveness as an international financial centre. A host of competing jurisdictions, including Ireland, Luxembourg, Malta, the Channel Islands
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. The business climate in most of the economy is quite depressing, with few sectors doing well, generating income or even profits, as some are trying hard to maintain staff, let alone hire new people. The biggest problem of all is the lack of growth and the subsequent absence of any spending desire of most
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. By Shavasb Bohdjalian The EU Summit accord according to which 26 member states except for Britain will pursue stricter budget rules have failed to impress financial markets. The lack of specifics is probably the reason why markets are not impressed, because as usual there is almost no mention of policies aimed at boosting growth,
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– Paul Allen set to invest hundreds of millions of dollars – Ultimate target manned space travel – First flight targeted 2015 Microsoft Corp co-founder Paul Allen is planning to build a spaceship that could replace the Space Shuttle and put paying passengers into orbit this decade. Lifelong space enthusiast Allen is hoping to launch
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The air traffic controllers have announced that they will be staging a 12-hour strike at the control towers of Larnaca and Paphos Airports, from 0900 to 2100 local time, on December 15, when the House of Representatives will be voting on the government's fiscal consolidation measures. Their trade union noted that on the day of
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An auction of actress Elizabeth Taylor's world-renowned jewels took in $116 million, more than double the record for a single collection and setting new marks for pearls, colorless diamonds and Indian jewels. Christie's sale of 80 items from Taylor's collection on Tuesday had been estimated to raise about $20 million, but everything from her famous
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