Turkey’s property market is expected to grow by 10% this year, according to Reuters, encouraging up to four real estate investment companies (REITs) to list on the Istanbul stock exchange. Turkey’s economy has enjoyed a strong recovery since the big devaluation of the Turkish lira in early 2001. The lira has stabilised, allowing interest rates

The Universal Bank, after evaluating competitive tenders, selected Logicom subsidiary Noesis, to provide and implement a payroll and provident fund system for the bank. Noesis has undertaken to automatically convert the data of the old system. The project is already under implementation and the January payroll was expected to be processed with Noesis Payroll. The

Epson has launched its P-4000 Multimedia Storage Viewer in the Middle East, ideal for professional and semi-professional photographers, featuring an 80GB storage capacity for image backup as well as the Photo Fine screen. Presented in a sleek and resilient aluminium casing, and with the 3.8″ display size and resolution of 640×480 pixels or 212 pixels

Vassiliko Cement Works Public Co. Ltd. announced that two large investment projects aimed at increasing its electricity output are underway. Within the framework of the constant efforts to reduce the energy cost, Vassiliko Cements signed an agreement with a well-known foreign company in order to increase the capacity of the electricity output station by 5MW.

The Piraeus Court issued a court order against Dolphin Hellas, a company with which Louis Cruise Lines (LUI) had signed an agreement in February 2005 to acquire the ship Aegean I at a consideration price of EUR 4.5 mln. LUI said that the agreement was initiated by its subsidiary Progress and at the time LUI