Assets under management of collective investment firms registered in Cyprus amounted to pound 9.4 billion, marking a quarterly increase of 2.9% whereas assets declined by 12.8% compared with the respective period of last year. According to a statistical bulletin titled ‘Management Companies and Undertakings of Collective Investments,’ issued by the
The first European Union-Gulf Cooperation Council summit to take place in Brussels The first summit between the leaders of EU and Gulf Cooperation Council (GCC) countries is scheduled to take place in Brussels on 16 October. The summit is an opportunity for the EU to develop a closer partnership with
The implementation of the milestones, reforms and investments, of the pound 1.2-billion Cypriot Recovery and Resilience Plan by the deadline of 2026 is a ‘huge challenge’, European Commission officials said on Tuesday. In a discussion with Cypriot journalists, EC officials said that the image portrayed by Cyprus in terms of
ISTANBUL: US-based artificial intelligence (AI) firm OpenAI’s ChatGPT, generative chatbot, boasts 2.3 billion visits in terms of website traffic, according to a World Bank Group report. The report, Who on Earth Is Using Generative AI, shows the most visited websites of 40 AI tools in March, making up approximately 3
The Cyprus Stock Exchange (CSE) All Share Index closed at today`s stock exchange meeting as follows: MEETING DATE: 15/10/2024 INDICES BASE VALUES: FTSEMed=5000, OTH EURO (pound ) TRADED VALUE: 602.590,24 INDEX VALUE % DIFF. VALUE (pound ) Source: Cyprus News Agency
The Deputy Ministry of Research, Innovation and Digital Policy and Khazna data center provider, member of G42 group (UAE), have signed a Memorandum of Understanding (MoU), which provides a framework for initiatives aimed at supporting and advancing the digital infrastructure of Cyprus, with a focus on joint data center projects.
