Cyprus soccer is in crisis following the decision by the Cyprus Football Association last week for an indefinite suspenion of the Cyprus league fixtures because of the clubs’ ongoing financial difficulties. The cumulative debt of all clubs is estimated at CYP 18-20 mln. Last week the Cyprus Sports Organisation (KOA) decided to reduce its CYP

The total value of products sold from northern Cyprus to the south via the Green Line regulation has amounted to CYP 495,000 since trade started in August 2004, according to sources, compared with exports of USD 50 mln (about CYP 25 mln) per year from the ports in the north. The main products sold are

Inspectors from the European Investment Bank (EIB) have expressed serious reservations regarding the serious delays in the operation of the new Nicosia General Hospital. Two inspectors from the EIB who were in Cyprus last week expressed their concern regarding the serious construction delays, leading to call on the government to submit a full report by

Drake Investments Ltd (DRA) has decided to proceed with swap of its shares with the preference share of Libra Holidays Group following shareholder approval at the Extraordinary General Meeting held on 24 March 24, 2005. Shareholders approved the Company’s ‘Share Capital Settlement and Reorganization Plan’, subject to its endorsement by the Court, which calls for

Reality television has a new meaning for Wilmington, North Carolina, police officers. With 88 police vehicles now outfitted with Motorola Mobile Video Enforcer digital cameras, the department has a powerful new tool to fight crime and help protect its 255 officers. “The benefits to officer welfare alone justify the mobile camera investment,” said Sgt. Ed

Using electric power supply lines to offer low-cost high speed internet access will be made easier thanks to a European Commission recommendation that aims to clarify rules on using electric power cables to carry electronic communication data. The Commission intends to boost competition by opening up the market to new suppliers of high-speed “broadband” connections

Nedeco Electronics, Alcatel’s premium business partner in Cyprus, has won the tender to supply the new Nicosia General Hospital with the Alcatel Omni PCX Enterprise (OXE) system comprising of a switchboard and 1,634 fixed line telephone units, 300 wireless units, as well as IP support. OXE can unify voice and data, primarily through the Voice

The Trust SP-6100P 5.1 surround sound speaker set has a modern design and gives a realistic sound experience thanks to the wooden subwoofer and the five satellite speakers with a rear reflex system. You can create your own DVD Home Theatre system by connecting this new speaker system to a PC or HiFi. The wooden