Cyprus property deals during the first nine months of 2007 surged by a spectacular 42% YoY to CYP 1.7 bln or EUR 2.9 bln from CYP 1.19 bln a year ago in the same period, which was up 73% over the 2005 figures. Real estate analysts explain that the spectacular activity in property is mostly

Ericsson has signed a frame agreement with Mobile TeleSystems OJSV (MTS), Russia‘s leading mobile operator, to supply and deploy a 3G/HSPA network. Under the agreement, Ericsson will deliver a turnkey solution including 3G/HSPA core and radio access network equipment, network management system hardware and software plus a range of professional services such as network deployment,

Sonofon, a leading mobile operator in Denmark is upgrading its existing WCDMA 3G network with High Speed Downlink Packet Access (HSDPA) technology from Nokia Siemens Networks. With HSDPA, data can be transmitted through the mobile network at real broadband speeds. The initial upgrade at Sonofon will support up to 3.6 mega bits per second peak

Do you want your Bluetooth mouse to always be ready for use without having to look for the receiver? This is now possible with the new Trust Ultra Small Bluetooth 2.0 USB Adapter: the world’s smallest Bluetooth adapter that integrates with your notebook, so that you can start using Bluetooth devices immediately without having to

DNV Maritime Solutions, the maritime consulting arm of the Det Norske Veritas (DNV), has announced that it has completed a comprehensive study on global maritime clusters, which reveals that Dubai is set to emerge as one of the world’s most competitive maritime clusters in the near future. “The report reflects Dubai’s potential to play a

Ras Al Khaimah Investment Authority (RAKIA), the government body responsible for the socio-economic growth of the emirate, recently received a high-level business delegation from Greece that visited to explore investment opportunities in the emirate. The delegation expressed their desire to invest in key sectors such as food, hospitality and trade. The delegation also expressed their

MTN has introduced the new CallBack service, offering convenience and peace of mind for all its pre-paid Pay As You Go subscribers. The service makes life easier for subscribers by enabling them to reach their mobile contacts at all times, even when they are out of credit. The MTN CallBack service allows pre-paid subscribers who

The outlook for bank financial strength ratings (BFSRs) in Bulgaria is stable to positive, reflecting the system’s good earning capacity supported by growing business volumes but also increasing concerns over future credit quality metrics, Moody’s  Investors Service said in its new Banking System Outlook for Bulgaria. “The rated Bulgarian banks have a weighted average BFSR

For the seventh month in a row Air Berlin carried more than 2 mln passengers in November. Together with its subsidiaries LTU and Belair, Air Berlin welcomed 2,048,196 passengers on board for a 19.2% increase over the corresponding month of the previous year. Fleet capacity utilization improved to 72.1%, an increase of 3.5 percentage points

EuroNews, China Central Television (CCTV) and the European Commission have signed a Memorandum of Understanding for the broadcast in Mandarin of a EuroNews magazine package about science, space activities and technology, on CCTV network to a potential audience of 500 mln viewers. This agreement is the first step for a longer partnership between EuroNews and