Kyndryl, the world’s largest IT infrastructure services provider, and CNP Cyprus, the leading insurance group, announced a five-year agreement renewal. The company will transform CNP Cyprus’ IT infrastructure into a hybrid cloud
Leading lender, Bank of Cyprus posted after-tax profits of €220 mln for the first half of 2023, highlighting its robust profitability, a significant leap from the €43 mln recorded last year. Some
Cyprus Airways Wednesday operated the first commercial flight from Larnaca with its new flagship aircraft in its fleet, the Airbus A220. The flight (CY310) flew to the Greek capital, Athens, the most
After becoming the fastest-growing social media platform and reaching 100 mln users twelve times faster than ChatGPT and 55 times faster than TikTok, Meta’s Threads has seen its user growth significantly slow
Meta has shattered all expectations for its second quarter earnings, surpassing Wall Street projections by an impressive $1 billion, according to StockApps.com. The Facebook parent has once again proven its dominance in the
Primetel’s new owners, Signal Capital Partners, have reassured the telecoms regulator that after going into administration, the company will continue to serve its 200,000-customer base. The telecom’s management and representatives of Signal
Telecommunication company Primetel has announced that Signal Capital Partners, a London-based private equity fund, is set to acquire the Cypriot firm after it was placed under administration. According to a Primetel statement,
Cyprus Airways announced the upgrade of its fleet from the A320 to the advanced greener A220 aircraft. The leasing of two A220-300 aircraft was unveiled during a joint conference with Airbus at
The House is backing legislation to abolish a €350 company annual levy paid to the Registrar of Companies, despite a Finance Ministry pushback claiming it would affect the government’s fiscal plans. At
A year after leading independent telco Cablenet and cloud-controlled smart home service provider Plume announced their partnership, adding security and AI-enabled services to the Purple Max internet and mobile bundles, the two
