Launch of project to replace water pipes in Nicosia   The EU will fund the replacement of water pipes and domestic water meters in the northern part of Nicosia. This is the first work project to be financed from the EU aid programme for the Turkish Cypriot community and has a planned budget of about EUR4
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Cyprus equity prices joined the global rally in shares closing at record highs amid a sharp increase in volume as hundreds of investors, until recently on the sidelines rushed back into the blue chips. The CSE General Index (made up of Main and Parallel & one shipping title) closed at a fresh record high of
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The Statistical Service of Cyprus has published the monthly report “Intra-Extra EU Trade Statistics (Summarised Data)†for July 2007. The main developments in Cyprus foreign trade were as follows. Total imports/arrivals (covering total imports from third countries and arrivals from other member states) in January-July 2007 amounted to CYP 2,042.1 mln compared with CYP 1,877.7
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The Statistical Service has announced that it has published the Report “Statistical Codes of Municipalities, Communities and Quarters of Cyprus, 2007â€. The Report presents the revised geographical coding system of Cyprus. The geographical classification pertains to the administrative districts, the municipalities, the communities and the quarters, and it covers the whole of Cyprus, i.e. both
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Ericsson has launched infrastructure and device platforms for WCDMA/HSPA in the 2.6GHz frequency band, triggered by strong market interest and supports the growth of mobile broadband worldwide. New licenses for the 2.6GHz frequency band are now becoming available globally and Ericsson’s HSPA solution for the 2.6GHz frequency band supports opportunities for operators to create new
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The government of Cyprus has decided to send to EDEK Social Democrat party founder Vassos Lyssarides to Syria  as an envoy to solve the problem that emerged after a cruise ship sailing from the Turkish occupied port of Famagusta docked in the Syrian port of Latakia in violation of international decisions.Dr. Lyssarides said he would
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The Speaker of the Hungarian National Assembly, Katalin Szili, arrived Tuesday on a five-day visit, accompanied by a parliamentary delegation, at the invitation of Cyprus House President Demetris Christofias. Speaking to the press upon her arrival at Larnaca airport, Szili said the establishment of financial and cultural relations between Cyprus and Hungary is very important
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Seven earlier sites for a 2,000-capacity conference centre in Limassol have been turned down by the public and private sector stakeholders in favour of seven new potential sites where the CYP 15-30 mln (EUR 25.6-51.3 mln) multi-purpose venue will be built. The proposed sites are in the Enaerios area, the new marina (old port) and
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— Target to reach 2,000 corporates by year-end  MTN, the recently rebranded mobile phone operator in Cyprus, has introduced BlackBerry, the versatile smartphone that goes beyond mobile e-mail, in an effort to penetrate the lucrative market of business users in the banking, accounting, legal and shipping sectors. The former Areeba thus hopes to target
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Bank of Cyprus shares surged sharply higher amid heavy volume Tuesday as word got out that Marfin Popular Bank had completely cleared its holding in Bank of Cyprus. Until Friday, MPB had reduced its stake in BOC to below 5%. On Monday and Tuesday MPB continued with its rapid sales, thereby exiting its investment in
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