Nokia Siemens Networks and Deutsche Telekom have signed a wide-ranging strategic partnership agreement whereby Nokia Siemens Networks will assume control of Vivento Technical Services (VTS) – a division of Deutsche Telekom’s personnel service provider – and has signed a managed services contract valued at nearly €300 mln over the next five years. Deutsche Telekom has
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Raqmiyat, a leading UAE-based Systems Integration firm, has announced that HSBC has recently implemented an innovative electronic cheque clearing system, which was implemented based on technology and software provided by US-based Unisys and UK-based Aperta. More than 30 banks in the UAE have also signed with Raqmiyat to implement the ICCS-Connect solution to facilitate the
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Capital Intelligence (CI), the international credit rating agency, has raised Morocco’s long-term foreign currency and local currency ratings by one notch to BBB- and BBB, respectively. The sovereign’s short-term ratings are A3, and the ratings outlook is stable. The upgrade reflects the implementation of structural fiscal reforms, which have helped put the public finances on
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by Costas Stavrinos Prague – President of the House of Representatives Demetris Christofias expressed on Friday evening the view that, for any movement in the Cyprus problem on behalf of Turkey, ”we should first expect its problems to be solved concerning Iraq and its internal affairs.” Speaking with members of the Cypriot community in Prague,
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British policy on the non-recognition of the so-called ”Turkish Republic of Northern Cyprus” is unchanged, British Minister for Eupope Jim Murphy has stressed, underlining that ”we do not and will not recognise a separate entity in the Northern part of Cyprus.” Murphy who was answering, during a webchat on the British Prime Minister’s website, to
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Secretary General of the Commonwealth Donald McKinnon said that the bilateral issue between Cyprus and Britain, which emerged from the recent signing of a memorandum of Strategic Cooperation between Britain and Turkey, could be resolved. Speaking after a meeting in Nicosia with Minister of Foreign Affairs Erato Kozakou Markoullis, McKinnon referred to the position of
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Aristo Developers Plc announced that at the meeting held on Friday, October 26, 2007, it appointed four new Board members as follows: Miltos KambouridesPierre Charalambides, Spyros Joannos and Notis Papageorgiou.
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Cyprus Trading Corporation Plc announced that as a result of the Public Offer for the acquisition of shares of Woolworth (Cyprus) Properties Plc, it acquired 39,064,000 shares of Woolworth (34.08%) according to the valid Acceptance Forms submitted. This percentage, together with 13.04% (14,949,260 shares) acquired via an off-floor transaction on 19.9.07 from associated persons and
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Christakis Petsas, Michael Petsas and Mrs. Irene Kalli have decided irrevocably to submit a Public Offer to all remaining shareholders of Andreas Petsas & Sons Public Company Ltd for the acquisition of up to 100% of the issued share capital of the Company. The Offerors are major shareholders and hold directly 71.44% and indirectly 74.94%
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The Troodos region situated in Mount Olympus in Cyprus has been nominated as one of the top ten best European rural tourist destinations. A relaxing break away from cosmopolitan coastal resorts Troodos has five distinct regions, grouped around Mount Olympus. The area offers an abundance of things to do and see: walking or cycling through
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