Forbes Cyprus The Future of Fintech Summit, Limassol (2025)

08/12/2025

🍽️ Greece #2, Italy #1 — Cyprus Ranks #100 in TasteAtlas 2025

The new TasteAtlas 2025/2026 rankings named Italian cuisine the best in the world, with Greek cuisine taking second place after last year’s win — reaffirming the global dominance of the Mediterranean diet.

The ranking is based on 590,228 verified ratings across 16,357 dishes, blending expert research with large-scale user data. The global top 10 includes Italy, Greece, Peru, Portugal, Spain, Japan, Turkey, China, France, and Indonesia.

Greek cuisine also dominates food-region rankings, with Campania #1, Emilia-Romagna #2, and Crete #3, followed by several Greek regions in the global top 10. Among individual dishes, Paraguay’s vori-vori took first place, while Greek kontosouvli ranked #6.

At the other end of the ranking, Cypriot cuisine placed 100th out of 100, while Ukrainian cuisine ranked 43rd and Polish cuisine 14th — highlighting striking contrasts in global culinary perception.

Read the full article to discover how TasteAtlas evaluates the world’s cuisines: https://thefuturemedia.eu/revolutionizing-stress-management-with-awears-wearable-eeg-technology/

06/12/2025

📊 Cyprus Posts €1.119B Fiscal Surplus (3.1% of GDP) Despite Revenue–Expenditure Shifts

Cyprus recorded a €1.119 billion surplus (3.1% of GDP) for January–October 2025, according to Cystat, marking a strong—though slightly lower—performance compared with 2024’s €1.3209B surplus.

Revenue rose to €12.33B (+5.6%), driven by:
• +€154.6M in income & wealth taxes
• +8.2% in social contributions
• +40.1% in property income
• +18.7% in sales of goods & services
• +64.9% in capital transfers

Expenditures reached €11.21B (+8.3%), reflecting strategic spending increases in employee compensation, social benefits, and a 36% surge in capital investment, including major growth in capital formation.

Discover more: https://thefuturemedia.eu/netflixs-82-7-billion-acquisition-of-warner-bros-reshapes-the-entertainment-landscape/

06/12/2025

📉 Cyprus Records –0.5% Deflation as Price Pressures Ease Across Core Sectors

Cyprus saw a –0.5% deflation rate in November, according to Cystat, signaling welcome consumer relief as key cost drivers continue to soften. The CPI dropped to 117.57 from 118.25, with major declines in electricity (–7.9%), agricultural products (–6.2%), and food & nonalcoholic beverages (–3.1% annually).

Apparel and footwear also recorded a sharp –7.6% annual drop, exerting strong downward pressure on the CPI. Meanwhile, service sectors — including hospitality (+5%), education (+3.3%), and recreation & culture (+3.2%) — remain the main contributors to upward price adjustments.

With essentials like electricity, fresh vegetables (–0.79 monthly units), and staple foods continuing to fall, Cyprus may be entering a period of increased price stability and consumer purchasing power.

Read the full article: https://thefuturemedia.eu/netflixs-82-7-billion-acquisition-of-warner-bros-reshapes-the-entertainment-landscape/

Which sector do you think will influence price stability the most next year?

05/12/2025

🚀 MIT’s MISTI Joins Forces With KidIT & JetBrains To Build Cyprus’s Next Tech Generation

Cyprus is taking a major step toward strengthening its digital talent pipeline. MIT’s MISTI Global Teaching Labs, in collaboration with KidIT, JetBrains, and partners including TechIsland, Exness, Space307, and Mellow, is launching a hands-on robotics and STEM program across three cities in January 2026.

In this exclusive interview, Yulia Tarasova, founder of KidIT, shares how the program grew from Ukraine to Cyprus and why building a “Ninja” mentorship pathway is transforming local tech education. KidIT’s model immerses children (ages 5–13) and teens in real IT workplaces, fosters creativity over consumption, and connects them directly with industry partners like Wargaming, MyGames, Toonbox, and TheSoul Publishing.

Backed by the Ministry of Education and the Cyprus Computer Society, the initiative expands Cyprus’s access to world-class STEM training — aiming to close EU-wide digital skills gaps and empower the next generation of creators, not just consumers.

Read the full article: https://thefuturemedia.eu/mits-misti-teams-with-kidit-and-jetbrains-to-grow-cypruss-next-tech-generation/

04/12/2025

🚀 Inside the Launch of CryptoProcessing by CoinsPaid’s New Limassol Meeting Point

CryptoProcessing by CoinsPaid has officially opened its “Limassol Crypto People Meeting Point” at WAGMI Coffee — a month-long hub designed to unite crypto enthusiasts, founders, and professionals in a relaxed, collaborative setting.

The launch blended networking with immersive experiences: a curated DJ set, tea ceremony, and hands-on demos showcasing real-world crypto payment solutions. Attendees connected with the CryptoProcessing team and explored how digital assets can streamline operations and create value for modern businesses.

As Igor Skirnevskiy, CPO at CoinsPaid, shared, the goal is clear: to build global communities around practical crypto adoption — and Cyprus’ growing fintech ecosystem is the perfect starting point. The initiative continues through December, with a closing event on December 10, 2025.

Discover more: https://thefuturemedia.eu/inside-the-launch-of-cryptoprocessing-by-coinspaids-limassol-meeting-point/

04/12/2025

🎙️ ElevenLabs: How a Polish Startup Became the Billion-Dollar Voice of AI

What began as two friends — Mateusz (Mati) Staniszewski and Piotr Dabkowski — trying to fix Poland’s dubbing problem has become one of Europe’s most valuable AI startups. ElevenLabs, now valued at $6.6B, delivers hyperrealistic synthetic voices used by creators, corporates, and even Epic Games for Fortnite characters.

With clients as Cisco, Twilio, Adecco, HarperCollins, and Bertelsmann, and backing from Andreessen Horowitz (Jennifer Li co-led a $19M round), ElevenLabs has grown into a profitable 300-person powerhouse — outperforming Google, Microsoft, Amazon, and OpenAI in voice accuracy tests.

Yet the rise hasn’t been without challenges: deepfake misuse, lawsuits from audiobook narrators, and mounting pressure as voice models become increasingly commoditized. The founders are already expanding into AI music, avatars, and a unified platform for deploying voice agents — supported by major infrastructure investments like a $50M data center in Oregon.

Read the full article: https://thefuturemedia.eu/how-a-tiny-polish-startup-became-the-multi-billion-dollar-voice-of-ai/

02/12/2025

⭐ CBG 2025: A Red-Carpet Night Shaping the Future of Business in Cyprus

The CBG Annual Networking Event (CBG 2025) returns on December 4 at the St Raphael Resort, bringing together 5,500+ members from Cyprus and the UAE for a high-energy celebration of entrepreneurship, leadership, and collaboration.

The event highlights leaders shaping Cyprus’s business landscape, including:
• Demetris Skourides — Chief Scientist of Cyprus, Chairman of RIF & National AI Taskforce
• Yiannos Georgiades — Managing Partner at Georgiades & Associates, Co-Founder of Kinisis Ventures
• Michalis Pantelidis — Fashion designer and founder, blending luxury with sustainability
• Gala Grigoreva — CMO at Adsterra, Women in Tech Cyprus leader
• Eddy Nassar — President of WIBA Mediterranean and MICA

With red-carpet entry, paparazzi, networking lounges, B2B prize giveaways, and premium access options, CBG 2025 is set to ignite new partnerships and elevate the island’s business community.

Join: https://thefuturemedia.eu/partner-event/cbg-2025-building-the-future-of-business/

02/12/2025

🤖 Cyprus Hosts Its First Deep Tech Community Gathering

Cyprus is officially launching DeepTech CY, a new platform connecting founders, researchers, and engineers working across AI, robotics, biotech, energy, defense, and next-gen education technologies.

The first meetup brings together key innovators, including:
• Nick Sviridov (NeuroDive) — real-time psychophysiological monitoring
• Odysseas Economides (HardwareX) — lessons from building Deep Tech companies
• Sergei Lonshakov — architecting open-source sensor networks from fabrication to cloudless communication

With a mix of talks, networking, and community-building, the meetup sets the foundation for a unified Deep Tech ecosystem in Cyprus.

Join us:https://thefuturemedia.eu/partner-event/1-deeptech-cy-meetup/

02/12/2025

🌍 Cyprus Unveils New €1.7M Plan to Boost Global Market Reach

Cyprus has approved a new De Minimis Sponsorship Plan to help local businesses expand internationally. Proposed by Minister George Papanastasiou, the initiative supports Cypriot companies participating in major global trade exhibitions where the MEIC operates a government booth.

With €1.7M allocated for 2026, the plan targets manufacturers, product traders, and recognized Producer Groups — helping them strengthen export capacity and gain access to competitive global markets.

Eligible companies can apply between November 28 and December 19, 2025, with participation strictly dependent on timely submissions. Supported events include top trade fairs in Athens, Dubai, Düsseldorf, Paris, and Berlin throughout 2026.

Discover more: https://thefuturemedia.eu/cyprus-launches-de-minimis-sponsorship-plan-to-accelerate-global-market-penetration/

02/12/2025

⚡ Cyprus Accelerates Electromobility with New €5.62M Grant Round

The Cyprus Ministry of Transport, Communications and Works is launching the fourth subsidy round under the Recovery and Resilience Plan — a move set to boost national electromobility and support a cleaner transport ecosystem. Applications open from December 5 to 9, 2025.

This round introduces a streamlined verification system backed by European authorities: eligibility will now be confirmed upon vehicle registration, giving beneficiaries until June 30, 2026, to finalize the process. If demand exceeds available grants, an electronic lottery will be held on December 9 to ensure transparency.

With €5.62M allocated across multiple categories — from private zero-emission vehicles to grants for large families, disabled vehicle use, and commercial EVs — the initiative signals a decisive shift toward sustainable mobility.

Read the full article: https://thefuturemedia.eu/cyprus-government-launches-fourth-subsidy-round-to-accelerate-electromobility/

26/11/2025

📊 MIT Uncovers $1.2T at Risk: How AI Could Reshape U.S. Jobs

A new study from MIT and Oak Ridge National Laboratory reveals that AI could replace up to 11.7% of the U.S. labor market, putting $1.2 trillion in wages at potential exposure across finance, healthcare, logistics, HR, and professional services.

At the centre of the research is the Iceberg Index, a groundbreaking simulation tool modelling 151M workers, 923 occupations, and 32,000 skills across 3,000 U.S. counties.

It offers policymakers a “digital twin” of the labor market — helping states like Tennessee, North Carolina, and Utah design smarter workforce and AI-readiness strategies.

Read the full article to discover more: https://thefuturemedia.eu/mit-study-reveals-ais-power-to-reshape-u-s-labor-market-with-1-2-trillion-in-wage-exposure/

26/11/2025

🔎 Fixing the $1T Women’s Health Gap: Inside Daya Ventures’ Bold Model

Women live longer than men — but spend more years in poor health. And although the economic impact is huge, only 1–5% of global health R&D targets women.

In a new interview for The Future Media, Malin Frithiofsson, founder of Daya Ventures, reveals how her team is reshaping women’s health innovation by starting with the unmet need and building the company around it.

Together with Jenny Lundkvist, Jennifer Grönqvist, Gerhard Bothma, Victorine Lançon, Elina Åkerlind, Sophia Pagil, Ute Michaela Arndt, Josefine Hovmark, Stephanie Darvill, Håkan Axelsson, Malin Kjällström, and Mina Lindberg, Daya is already behind ventures like Omaia and Trial Me (developed with AstraZeneca) and is expanding its hubs across Europe and Nairobi.

Through Seedrs (Republic Europe), Daya is now opening part of its ownership — reinforcing that women shouldn’t just benefit from innovation; they should own it. ✨

Read the full article to discover how Daya’s model could redefine the future of global women’s health: https://thefuturemedia.eu/fixing-a-1-trillion-blind-spot-how-daya-ventures-is-putting-womens-health-first/

What’s the most urgent gap in women’s health that still needs innovation?

Forbes Cyprus The Future of Fintech Summit

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