…Free-trade zone should be revitalized   Cyprus could act as a central and regional hub for Chinese companies exporting to the EU and east Mediterranean, not only because of its excellent geographical location but also because of its numerous other advantages including a more favourable tax regime and the lowest VAT rate in the EU.

  Recognising how to avoid missteps is often the most important part of creating a successful investment programme   Edited by Michael Kyrou, CFA Vice President CFA Society of Cyprus   By repeatedly committing one or several common investment mistakes, individual investors often prove to be their own worst enemy. Unfortunately, even seemingly simple missteps can,

CNBC Arabian Property Awards names    MCS/Action, the leading independent public relations agency in the UAE, has scooped a top accolade in the CNBC Arabian Property Awards being named ‘Best PR Agency in Dubai, UAE.’ The award reflected the agency’s intensive activity in promoting real estate developments in the country, including Abu Dhabi’s flagship Saadiyat

USRobotics (USR) has won its first Wi-Fi project in the oil and gas sector, having secured a contract to implement its Professional Access Points at the gas processing plant being built by Bechtel for Abu Dhabi Gas Industries (Gasco) in the onshore field Asab. The implementation will initially provide Wi-Fi connectivity to more than 100

Ericsson and Napster announced an agreement with Portuguese operator TMN for the music service Napster Mobile. Napster Mobile gives TMN Portugal’s subscribers access to more than 2 million full-length tracks from the Napster catalogue in the palms of their hands. They will also have access to Ericsson-aggregated personalization content. Zeinal Bava, President of TMN Portugal, says:

Nokia and Mobitel Slovenia have signed a contract for Nokia’s hosted Push-to-talk over Cellular (PoC) and Presence services. Nokia will integrate and host commercial, OMA (Open Mobile Alliance) compliant services for Mobitel Slovenia, thus enabling the operator to roll out the solution more quickly and with a reduced investment. Push to talk will enable Mobitel

PrimeTel together with Accedo Broadband, a leading IPTV application provider, introduce Funspot an interactive gaming service.  For the first time in Cyprus, television viewers have the capability to play games on their television. This innovative service enables PrimeTel subscribers to play interactive games on their television with the use of their remote control at the

Logicom Pcl (LOG) announced that on November 14, 2006, the Company signed a credit insurance agreement with Atradius Credit Insurance N.V, one of the largest insurance company worldwide in the sector of credit insurance. The agreement covers the losses that may derive from the inability to collect the credits that Company offers to its customers

Piraeus Bank has placed a EUR 10 per share cap on Bank of Cyprus Pcl (BOCY) after it emerged that the Greek bank, which holds a 8.2% stake in the Cypriot bank sold 120.000 shares at EUR 10.003 per share on Tuesday, November 14, 2006. On the same day, Piraeus had purchased 2483 shares at