CYTA has slashed its Vodafone Mobile Connect rates and increased the bandwidth for the service allowing subscribers to stay connected with the Internet through their notebooks in Cyprus and abroad. The state-owned telco is upping the bandwidth for its contract subscribers from 10MB to 50MB and from 400MB to 2GB for use in Cyprus. For
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Michaels Automotive, the best-selling Ford dealership in Cyprus, signed a contract with Logicom subsidiary, Noesis, for the implementation of the Microsoft Dynamics Nav ERP system coupled with Noesis’ Automotive Management Solution, VMS Camaleon. The objective was the modernization of the dealership’s internal systems and the replacement of the existing SAP/R3 system with new information technologies
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The Electricity Authority’s arguments in favour of a land-based regassification plant for the liquid natural gas terminal seem to have prevailed as all the political parties have finally realized that this is no longer an issue for petty politics but that the nation’s interest is at stake. On Monday, the House of Representatives passed a
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Emirates Airline has flown beyond a new technological frontier by turning on 76 different websites across six continents simultaneously, in a coordinated re-launch of its website www.emirates.com. The new look site, providing a gateway to 76 country sites in 10 different languages came to life in an ambitious overnight launch. Well before passengers board an
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Moody’s expects that Belgium‘s fiscal stance will not be put at risk despite the long political standoff following last June’s parliamentary election. In a Special Comment issued Wednesday, entitled “Belgian Political Uncertainty No Threat To Fiscal Consolidation”, Moody’s said that the “art du compromis” still guides policy even when the political parties have failed to
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Moody’s Investors Service released its annual study comparing median financial ratios by rating category across non-financial industries in Europe, the Middle East and Africa (EMEA). As expected, industries that are riskier and show higher revenue volatility continue to post stronger-than-average metrics at a given rating category. At the Baa level, the Moody’s report shows that
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The ”Geroskipou loukoumi” delight, a mouth-watering dessert made of sugar, corn-flour and almonds, has been included in the European Union’s catalogue for products of protected designation of origin and protected geographical indication, defined in EU law to protect the names of regional products.The Ministry of Agriculture, Natural Resources and the Environment of Cyprus has announced
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The European Commission has decided to launch a formal investigation into a number of financial flows and transfers which may amount to State aid to Olympic Airways Services SA and Olympic Airlines SA. The investigated aid payments are believed to have been made to both companies after the period covered by the Commission’s negative decision
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Abu Dhabi National Exhibitions Company (ADNEC) and Starwood Hotels & Resorts Worldwide have revealed the designs of the first aloft hotel in the Middle East, a 4-star 400-room property which is scheduled to open in the fourth quarter of 2009. “The new aloft brand is the perfect marriage between operator and owner. Exhibition attendance numbers
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Domotex Middle East, the dedicated carpets and floor coverings exhibition of the MENA region, expects to achieve record turnout of exhibitors and visitors for the third edition of the show that will be held next May at the Dubai International Convention and Exhibition Center. Deutsche Messe, organisers of the annual exhibition, said that the growth
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