Cytaglobal is a strategic business unit of Cyta - the leading telecommunications provider in Cyprus. It manages Cyta's International Wholesale Market activities and is particularly active in the area of international subsea fibre optic cables, providing wholesale products and services on a global basis. The company has developed over the years an extensive subsea fibre optic cable network, which connects Cyprus with Western Europe (France, Italy and Greece) and with its neighboring countries (Israel, Syria, Lebanon and Egypt), and thereafter with the rest of the world.
Read full articleLife sciences mergers and acquisitions (M&A) activity totalled US$159b in 2020, down from US$306b in 2019, reaching one of the lowest levels since 2014, according to the 2021 EY M&A Firepower report. A single megadeal – AstraZeneca’s December purchase of Alexion Pharmaceuticals – accounted for a quarter of the annual life sciences M&A spend in 2020.
Read full articleAccording to the National Recovery and Resilience Plan that the Finance Ministry submitted to Brussels, the target is to reinforce the resilience of the country’s economy. The total estimated budget is 1.25 billion euros, out of which 1.06 billion will be distributed in the form of funds and 0.2 billions in the form of loans.
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