The Association for Cultural and Special Interest Tourism has embarked on a mission to promote rural Cyprus and alternative tourism services to the Germany market. The association’s president, George Michaelides, and executive director Christos Petsides were on hand at the Cyprus Tourism Organisation’s stand at the ITB tourism exhibition in Berlin to inform travel agents,
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The Board of Directors of Dementra Investments Public Ltd examined and approved the revised Corporate Governance Manual in view of the 2nd revised issue of the Corporate Governance Code. At the same meeting, the Board of Directors revised the composition of the Audit and Remunerations Committees. The new composition is as follows: Audit Committee: Chairman:
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Ocean Tankers Holdings Public Company Limited reminded the investing public on the signing of contracts of two new-fangled, double-inner side tankers of 12,800 tons each on March 2, 2007 at the Cyprus Shipping Club. The Company has already submitted (March 15, 2007) 10% of the total price, that is, $4,589,000 ($2,294,500 each). It is noted
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G.A.P. Vassilopoulos Group of companies, which represents Western Union in Cyprus, has reached an agreement for the representation of Western Union in the United Kingdom (England, Scotland, Whales, Northern Ireland, Channel Islands, The Isle of Man and Gibraltar). Western Union is the biggest company of electronic transfer of cash in the world, with a network
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An outsourcing catering and airport handling contract to supply Eurocypria has been won by a Louis company, leading to strike action by Cyprus Airways employees at Paphos airport, worried about their jobs. During a a joint meeting between the House Finance and House Communications Committees, Cyprus Airways employees requested an independent investigation into the proceedings
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Interior Minister Neoκlis Silikiotis said that companies which engage in illegal sale or purchase of Greek Cypriot properties in the Turkish occupied north of Cyprus will not be allowed to operate in the Republic of Cyprus.The Minister made the comment after a meeting with US Ambassador to Cyprus Ronald Schlicher during which they discussed the
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The German Presidency of the EU calls on Turkey to avoid actions, such as threats, which might possibly turn against the principle of good neighbourhood and have negative repercussions in the peaceful resolution of differences.The position is outlined by the Presidency in a reply to a question by Cypriot MΕP Yiannakis Matsis, member of the
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The Ministry of Commerce, Industry and Tourism has announced that Summer Time begins on March 25, at 0300 local time (0100 GMT).At 0300 local time, clocks should be set one hour forward, an arrangement which is applied in all EU countries. Summer Time ends on 28 October.A relevant decree was published in the Republic’s official
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Cypriot Foreign Minister George Lillikas and World Food Programme Deputy Executive Director John Powell signed a subsidiary agreement between Cyprus and the WFP for cooperation on the feeding component of the project “Early Childhood Education Enhancement†implemented in Egypt.In a speech, Lillikas said “this multilateral project is being funded by the World Bank, Canada and
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The common European effort to overcome nationalistic selfishness and deeply rooted hostility on the European continent is the most important achievement of Europe, Minister Counselor and Deputy Head of Mission Joachim Heidorn has told the Cyprus News Agency. In an interview with CNA on the occasion of the 50th anniversary since the historic signature of
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