Strong Growth in Cyprus Property Sales PUBLISHED ON 28/09/2016
Real estate property transactions registered a 50% rise in August 2016 compared to August last year according to the latest official figures published by the Department of Lands and Surveys. The 50% increase in August follows a 26% increase in July, 42% increase in June and 17% increase in May. During August 2016 overall contracts […]
Standard & Poor’s Upgrades Cyprus PUBLISHED ON 23/09/2016
International credit rating agency Standard & Poor’s has upgraded its assessment of Cyprus by one notch to BB with the agency saying the outlook is positive. The agency expects that the Cypriot economy will expand by about 2.7 per cent this year, surpassing their earlier forecast in March 2016, with annual growth at about 2.5 […]
First Cloud Data Centre opens in Iran PUBLISHED ON 23/09/2016
An Iranian private sector company has launched the country’s first cloud data centre at an opening ceremony in Tehran, attended by the Minister of Communications and Information Technology Mahmoud Vaezi. The completion of the project took about 3 years and had a cost of USD 13 million. The government has funded nearly USD 5 million […]
Investments in Iran’s Fishing Industry PUBLISHED ON 22/09/2016
China is planning to invest $3 billion in Iran’s fisheries in the southern island of Queshm and in the southern port city Bandar Abbas. Apart from China, South Korea has recently announced its readiness to make similar investment in Iran’s fishing industry and further investors from France, Russia, Norway, Iceland and Thailand voiced their interest […]
