Sarah MacDonald, Times of Oman
 
Muscat: Lithuania, one of the countries with the fastest Internet, highest mobile phone use and most innovative uses of IT, hopes to share its expertise and experience with Oman.

Fitch Ratings has affirmed the Republic of Lithuania's Long-term foreign currency Issuer Default Rating (IDR) at 'BBB' and Long-term local currency IDR at 'BBB+'. The Outlooks on the Long-Term IDR remain Stable. The agency has also affirmed Lithuania's Short-term foreign currency IDR at 'F3' and Country Ceiling at 'A'.

Members of  the public are being invited to vote for their favourite business idea from the companies taking part in Startupbootcamp Dublin.

The 10 start-ups taking part in the three-month programme have recorded short video pitches to get the publics votes, which are being collected on the Startupbootcamp Facebook page.

Four Texas Tech students took top honors Saturday in the Denim Runway 2012 design contest sponsored by Plains Cotton Cooperative Association (PCCA) and Cotton Council International (CCI) in collaboration with the university's College of Human Sciences, Department of Design's Apparel Design and Manufacturing (ADM) program.

Lithuanian company Etronika together with 4 innovative companies from Lithuania is exhibiting at IT, Telecom & Technology show COMEX 2012. The event is held from April 30 to May 4 in Muscat - Sultanate of Oman at Oman International Exhibition Centre.

Nokia Siemens Networks has been selected by Tele2 operators in Estonia, Latvia and Lithuania as the sole supplier of the operators' LTE radio and core networks.

Due to initiative of The State Patent Bureau of the Republic of Lithuania and in cooperation with European Patent Office (EPO) was published educational material in Lithuanian language “Patent Teaching Kit”.

Global Shared Services industry experts named Eastern and Central Europe as a most attractive destination for Shared Services (SS) and Business Process Outsourcing (BPO) for businesses that are looking to relocate their operations to more competitive locations.

Arctic Startup Startup Sauna teaches companies to pitch for investment and customers

The spring programme of Startup Sauna, the Finnish scheme to help promote promising young companies, kicks off on April 23.

Lithuania Post has introduced the first electric car to its postal delivery fleet and says the car, a Tazzari Zero, will bring savings of several thousand litas per year.