In a groundbreaking move in early December, the # European Council and the European Parliament reached a provisional agreement on the text of the EU's new Artificial Intelligence Act, marking a significant development.

Cypriot Deputy Minister of Tourism Kostas Koumis this week emphasised the urgent need for support measures from the European Union (EU) for island tourist destinations, during his participation in the informal meeting of EU Tourism Ministers.

The 7th Annual Capital Link Cyprus Shipping Forum is scheduled to take place on Tuesday, February 27, in Limassol, aiming to highlight the important role of Cyprus as a shipping, energy, and transit hub, as well as an investment and business destination.

KPMG in Cyprus announces that the “RICS Cyprus Property Price Index with KPMG in Cyprus” has been issued for 2023 Q4.

Tim Fadeev and Andrey Ivashentsev, the co-founders of Game Developers Cyprus (GDCy), which brings the local community together through various events, analyse the reasons behind their exceptional growth, which is expected to lead later this year to the largest open-air GameDev event in the EU and possibly the world.

payabl., one of Europe’s leading PayTechs, was recently granted an Electronic Money Institution licence (EMI licence) by the Central Bank of Cyprus (CBC), which will be passported throughout the EEA.

Invest Cyprus Chairman Evgenios Evgeniou told key foreign investors on the island that he wants them to become the country’s ambassadors, adding: “You are the most credible advocate for our country.”

President Nikos Christodoulides told foreign investors in the country that the government approaches them as its partners, who will help it navigate a landscape marked by challenges and opportunities alike.

An event organised by Invest Cyprus and the Presidency of the Republic entitled “Foreign Investors Dialogue with the Cyprus Government: from feedback to action Cyprus’ Vision on Making Cyprus one of the best places to work, live and do business in” was both successful and particularly productive.

The government’s programme to attract foreign businesses has been embraced by the island’s investors community, while the additional measures announced recently will allow Cyprus to remain a trusted and reliable business hub, according to Elena Damianou, Head of the government’s Business Facilitation Unit (BFU).