Record number of investment funds

A significant increase of 12.6% was recorded in the first quarter of 2023 in the assets under management of the Cypriot Investment Funds, compared to 2022, says the Cyprus Investment Funds Association

CNP Cyprus-Kyndryl sign 5-year cloud deal

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


Cyprus should copy France’s SMEs subsidy

Commissioner for State Aid Control Stella Michaelidou suggested Cyprus could adopt the French subsidy scheme for small and medium-sized enterprises (SMEs) impacted by the Ukraine war the European Commission approved. In her


Threads’ rapid growth slows 

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