Another tech firm is relocating offices to Cyprus, as TangoMe, a leading US consumer services and applications software provider, announced plans to establish a presence in Limassol. TangoMe Inc., which raised funding
The list of victims of the Bitcoin and cryptocurrency crash continues to grow daily. According to StockApps.com, the latest victim is Elon Musk’s Tesla, which is expected to report a $440 million
AdTech Holding, an international company headquartered in Cyprus, creating prosperous startup ecosystems and innovation labs for AdTech and MarTech, will feature some of its leading-edge projects at the iFX EXPO International 2022.
Leading independent telecoms provider Cablenet is extending its partnership with cloud-controlled smart home service provider Plume, adding security and AI-enabled services to its Purple Max internet bundle. Aiming to make the subscriber’s
Cyprus is the first EU state to report full 5G population coverage, even in remote mountainous areas, boasted the telecoms authority Cyta. Cyta’s announcement came after its 5G network reached the village
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,
