The total trade value of goods which crossed the Green Line separating the internationally recognised and EU member Republic of Cyprus with the Turkish Cypriots in the occupied areas almost doubled and was about EURÂ 3,380,805 in the period from 1 May 2006 until 30 April 2007 compared to EURÂ 1,734,770 to a year ago according to
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Aspis Holdings (MFS) and Commercial Value SA, a member of Aspis Group in Greece have substantially reduced their stake in Universal Bank (USB), realizing and booking a substantial profit of EUR 3.5 mln in the process. A year ago in August 2006, Aspis first offered to acquire majority control of USB at EUR 1.56 per
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Lebanese banks carry a negative outlook that is reflected in the country’s fragile political environment combined with their high sovereign exposure limiting the evolution of the banks’ ratings, Moody’s Investors Service said in its latest report on Lebanon. Although the political setting seems to have improved following the withdrawal of Syrian troops, it still remains
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The Business of Wine and Food with Patrick Skinner  Despite the efforts of the Cyprus Tourism Organisation and the presence here, every year, of more than a million British tourists, it seems the international wine media has no idea of the geographical location of our lovely island. Recently, I had to upbraid the world’s
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Fourteen years after installing the first hand-held data-collection computers in Cyprus for its sales and stock-taking teams, KEO is replacing its terminals with state-of-the-art handhelds from Intermec, supplied by DataTech Business Solutions. The contract includes upgrading the 6212 model of handhelds to the 761 range and adapting the existing printers to accept the new system.
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The Cyprus Telecommunications Authority’s mobile division, Cytamobile-Vodafone, has issued a pair of free booklets aimed at tourists. The Cyprus Visitors Guide 2007 and the International Roaming Services Guide are issued by CYTA’s Directory Services that include interesting information about events taking place in all tourist areas. The revamped Cyprus Visitors Guide will help tourists find
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Nokia and G-mode, a leading casual games developer, announced at the Tokyo Game Show that they are collaborating to bring more mobile multiplayer games to the global market. G-mode is developing Chess a Moment, an online and turn-based chess game, based on the Nokia SNAP Mobile platform. Players can compete in up to eight live
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S&P warned that corporate America is about to be hit by a wave of business failures and that there is a risk of a full-blown debt crisis as in 2001-02. In contrast, the ECB have continued to talk tough and it seems as though the significant EUR liquidity injections at the beginning of this crisis
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Ericsson has upgraded 3’s network with enhanced mobile broadband services with downlink speeds up to 7.2Mbps and uplink speeds of 1.4Mbps. The “turbocharged” network is live in major Swedish cities from today. The upgrade gives 3’s customers even faster access to mobile broadband services including internet surfing, video, TV, music and faster uploading of data.
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We-r-you.com has launched its “r†networking interface from Cyprus where a number of online technologies are promised to converge to create an online resource. We-r-you.com takes the advantage of a portal, the fun of social networking and the practicality of modern productivity solutions and recreates them in one interface. Users, through a single log-in can
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