Cyprus’ oldest dairy producer, Charalambides Christis, has quietly taken over the local dairy products market while diversifying its brand. With a €129 mln turnover in 2021 and 3,200 local clients, Charalambides Christis
Cyprus Telecommunications Authority (Cyta) has launched operations of the ARSINOE optical fibre subsea cable system to boost digital interconnection with the rest of the world. The system, connecting Cyprus with France and
Subscriber base up 30%, 110% growth in mobile subscribers, 14% increase in revenues Cablenet’s revenue in 2021 reached €53.5 mln, a healthy double-digit growth of 14% over 2020, driven, largely, by a
Eurobank Cyprus recorded yet another year of growth with its 2021 profits rising to €52.3 mln, up €12.2 mln from the year before, reducing its non-performing loans further and mostly unaffected by
RCB Bank has embarked on an “orderly winding down” of its Cyprus banking operations, following the announcement a month ago of the transfer of shares held by Russian entities to local stakeholders,
Independent advisory and fintech deVere Group has launched dV Gems, a non-fungible token (NFT) platform that aims to give investors access to an emerging asset class and streamline digital ownership. An NFT
Amazon Web Services has built up an edge in the billion-dollar cloud computing market, a sector that is attracting key providers who are aiming to dominate the space amid increasing adoption as
The recent Bitcoin price correction has resulted in several casualties, with investors losing significantly. Although the cryptocurrency is already making minor gains, millionaire holders have drastically declined in recent months. According to
Nike is the world’s most valuable apparel firm, according to data presented by FinancePR.com, showing that the American outfit achieved a $30.44 bln valuation in 2021, placing it at the helm of
Tesla’s goal of pushing electric vehicles (EV) into the mainstream is gaining momentum with the company’s steady growth in deliveries. As the EV manufacturer expands production, the number of delivered vehicles is
