Luxembourg/Nicosia - European Union member states must enforce rulings by courts in the Greek half of Cyprus even if they cover property in the Turkish-controlled north of the island, the EU's highest court ruled on Tuesday. "A judgment of a court in the Republic of Cyprus must be recognized and enforced by the other (EU) member states even if it concerns land situated in the north of the island," the European Court of Justice said in a statement.
Nicosia, Apr 23 : The International Air Transport Association (IATA) has announced a revised outlook for the global air transport industry with losses of 4.7 billion dollars in 2009.
This forecast is significantly worse than IATA''s December forecast of a 2.5 billion dollars loss in 2009, reflecting the rapid deterioration of global economic conditions.
IATA expects industry revenue to fall by 12 per cent to 467 billion dollars.
Nicosia/Ankara - The conservative National Unity Party (UBP) was winning by a wide margin in premliminary results after Turkish Cypriots voted Sunday in parliamentary elections.
The UBP had 44 per cent with about two thirds of the vote counted, according to Turkish television reports.
The governing left-wing Republican Turkish Party (CTP), which currently has 25 seats in the 50-seat Parliament, was at about 30 per cent.
Nicosia, Apr 15 : The UAE Minister of Economy Sultan Bin Saeed Al Mansouri has said that the worst period for the United Arab Emirates economy was over and described the steps taken by the government to create a sense of stability as positive.
He added that those responsible understood the size of the challenges and were currently well organized.
Nicosia, April 11 - In the face of interminable problems that have beset Iranian efforts to develop the South Pars gas field, the National Iranian Oil Company (NIOC) has warned Royal Dutch Shell and Spanish oil firm Repsol to submit their plans of action for the South Pars gas field and the Persian LNG projects within 45 days, otherwise they will be replaced by other qualified companies.
Athens/Nicosia - The United Nations on Friday said the rival leaders on the divided Mediterranean island of Cyprus have made "real progress" in reunification talks. "They have made real progress," said UN Secretary General's Special Advisor for Cyprus, Alexander Downer speaking to reporters. "They have put more on paper now, of an agreed nature, than any time since 1974."
The UN envoy said there was no fixed deadline to conclude the talks, which were progressing on a chapter-by-chapter basis.
Luxembourg/Nicosia - European Union member states must enforce rulings by courts in the Greek half of Cyprus even if they cover property in the Turkish-controlled north of the island, the EU's highest court ruled on Tuesday. "A judgment of a court in the Republic of Cyprus must be recognized and enforced by the other (EU) member states even if it concerns land situated in the north of the island," the European Court of Justice said in a statement. 
Nicosia, Apr 23 : The International Air Transport Association (IATA) has announced a revised outlook for the global air transport industry with losses of 4.7 billion dollars in 2009.
Nicosia/Ankara - The conservative National Unity Party (UBP) was winning by a wide margin in premliminary results after Turkish Cypriots voted Sunday in parliamentary elections.
Nicosia, Apr 15 : The UAE Minister of Economy Sultan Bin Saeed Al Mansouri has said that the worst period for the United Arab Emirates economy was over and described the steps taken by the government to create a sense of stability as positive.
Nicosia, April 11 - In the face of interminable problems that have beset Iranian efforts to develop the South Pars gas field, the National Iranian Oil Company (NIOC) has warned Royal Dutch Shell and Spanish oil firm Repsol to submit their plans of action for the South Pars gas field and the Persian LNG projects within 45 days, otherwise they will be replaced by other qualified companies.
Athens/Nicosia - The United Nations on Friday said the rival leaders on the divided Mediterranean island of Cyprus have made "real progress" in reunification talks. "They have made real progress," said UN Secretary General's Special Advisor for Cyprus, Alexander Downer speaking to reporters. "They have put more on paper now, of an agreed nature, than any time since 1974."
