Video game development firm Nexters, headquartered in Limassol, reached record-breaking quarterly revenues of $126 mln, growing 45% year-over-year and record high quarterly net profit of $23 mln. According to the company’s unaudited
A StockApps.coms data presentation indicates that Bitcoin’s total hash rate is down by -1.7% in Q2 2022. There have only been a few other occasions in its history when the hash rate
The Central Bank of Cyprus has warned businesses and the public of a ‘ghost’ bank called Sabax operating in Limassol, noting the entity has not been licensed by the supervising authority. In
Health Minister Michalis Hadjipantela is in contact with his counterparts in neighbouring countries, asking them to supply Cyprus with vaccines for monkeypox. Health Ministry advisοr Konstantinos Athanasiou said: “Since we have the
Brussels is promoting the idea of creating a bi-communal solar power plant that would “contribute to meet the energy needs of both communities”, European Commission President Ursula von der Leyen told the
Cyprus’ General Healthcare System is in turmoil after the head of the Health Insurance Organisation (HIO), Thomas Antoniou, tendered his resignation after personal attacks against him and the GHS. Antoniou’s resignation comes
The European Commission has announced it will fund new projects costing €171 mln to support migrant reception, asylum and return systems in Cyprus, Italy, Spain, Greece, and Poland. Funding for all countries
Paphos will soon have its own state-or-the-art football ground, as the football club’s Russian investors are set to take over the town’s Stelios Kyriakides stadium. Media reports on Thursday said authorities approved
Cyprus allocates €103 per person for research and development, less than half the EU average of €244, according to data on government budget allocations for R&D. In 2021, the total government budget
The Bank of England’s expected interest rate rise has been slammed as “harmful” and a “misery rate rise” by the CEO of one of the world’s largest independent financial advisory, asset management
