Following the demands of the modern era, PwC Cyprus has strategically integrated ChatPwC – an innovative generative artificial intelligence assistant (GenAI) – into its operations, thereby granting its people the ability to utilize it daily. Consequently, this strategic initiative aims to harness the power of GenAI to boost productivity, expedite service delivery, and foster innovation.

Commerce minister Giorgos Papanastasiou and the Republic’s Chief Scientist for Research, Innovation, and Technology, Demetris Skourides, were recently in Japan to promote Cyprus as a base for international business and as an emerging tech centre.

Members of the recently elected Board of the Cyprus Investment Funds Association (CIFA) met with the President, George Theocharides, the Vice President, George Karatzias, and key executives from the Cyprus Securities and Exchange Commission (CySEC), marking a significant stride towards enhancing collaboration and fostering mutual objectives concerning the funds industry in Cyprus.

Cyprus is in place to become a regional centre for technology and innovation, according to Deputy Minister of Research, Innovation and Digital Policy, Nikodemos Damianou said at the 14th Nicosia Economic Congress.

The Great Sea Interconnector project will offer triple benefits to Cyprus, with better energy security, a ‘green mix’ of power generation and cheaper energy for all consumers, the Greek Independent Power Transmission Operator (Admie) said on Tuesday.

Patsalides was sworn in by President Nikos Christodoulides and described his appointment as an “extraordinary honour”.

The city of Limassol is once more getting ready to host the 7th Reflect Festival 2024, one of Europe’s leading technology and entrepreneurship events that will see startups, tech innovators, investors, and decision-makers from across North Africa, Europe, and the Middle East come together for 2 days of networking, brainstorming, and learning.

As CEO of Invest Cyprus, the National Investment Promotion Authority of Cyprus, Marios Tannousis plays a key role in transforming the country into a top choice for international investors.

Cyprus witnessed an increase in house prices during the fourth quarter of 2023, with the House Price Index (HPI) rising by 1.6 per cent during this time, according to a report released on Thursday.

Inflation in Cyprus witnessed a significant deceleration in March 2024, recording the lowest rate of increase in nearly three years, standing at 1.2 per cent year-on-year. This downturn primarily stems from a reduction in electricity and petroleum prices.