Epson has launched its new home cinema projectors — the EMP-TW600 and EMP-TW520 models — in the Middle East market offering premium quality projectors to home cinema enthusiasts. The EMP-TW600 features a W-XGA resolution of 1280 x 750 pixels and HDMI input ensuring that it can display High Definition content. Its image quality is one

Marfin Financial Group, which currently holds a 10.3% stake in Laiki Bank, is determined to increase its stake to 19.9%, at a time and price at which it feels comfortable, according to Marfin Vice-Chairman and CEO Andreas Vgenopoulos. He said that Marfin was granted permission by the Central Bank to double its stake from 9.9%

Board meets today for crucial vote Bank of Cyprus Pcl may decide to withdraw from the race to win control of Emporiki Bank of Greece following a shock decision by the Greek Constitutional Council, which ruled that a previous arrangement on the pension obligations of Emporiki, safeguarded by the Greek state, was unconstitutional. The BOC

Data from the EU statistical service Eurostat show that combined inward foreign direct investment into Cyprus reached EUR 900 mln in 2005, tantalisingly close to the 1 billion mark. Just over half of the investment, EUR 0.5 bln, came from other EU member states, while the remaining EUR 0.4 bln came from outside the EU.

(Unless the gov’t quickly passes two crucial laws) Optimists are hoping that the conflict in neighbouring Lebanon and Israel will lead to long-term economic benefits for Cyprus, just as the economy benefited in the 1980s, when many financial operations shifted from Lebanon to the safer haven of Cyprus and many Lebanese brought the benefit of