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Понедельник 29 апреля 2024

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Cyprus economy in 2021

According to the Financial Mirror there are three industries that could revitalise the Cypriot economy in 2021 and beyond. ECOMMERCE AND ONLINE SERVICES In Cyprus, over 79% of the population now use the internet, but only 31% of Cypriots made online purchases in 2019 according to the latest data. As a result, web-based trading remains a relatively small industry in Cyprus, but this means the sector is prime for growth. In 2021, expect businesses to embrace eCommerce, this can help…

Covid update: winter of discontent

There has been only limited progress made in countries that have implemented a partial lockdown this winter. This means that unless the widespread distribution of the vaccine begins, we do not forecast an appreciable decline in new cases without a full lockdown. FORECAST FOR 2021 1. The vaccines being developed and now deployed by Pfizer/BioNTech, Moderna, and Astra Zeneca/Oxford appear to be the best hope of combatting the pandemic in the short term. We cannot say for certain if there…

Russian course in Facebook

MISSION POSSIBLE is a course of Russian language that is addressed to busy people who want to learn Russian but do not have time for regular lessons. There is a closed group in Facebook where the lessons are uploaded on a daily basis. The course is prepared in a way that the students do not need much time to follow it. They move slowly, but every day they learn something new and - with small steady steps - they progress faster…

Artificial intelligence – driver of world’s development

AI is at the centre of the 2021 "new normal", of automated, robotic and contactless processes that will be aimed at protecting the world from future outbreaks. This new reality will as well further increase the speed of its adoption in various fields. To succeed, AI needs to be democratised, i.e. made usable by a wider set of users. This will ensure expansion of the talent base able to service and use AI-driven ecosystems. To facilitate the performance, scalability, interpretability,…

First anniversary of Successful Business Leaders’ Club

In January 2020, one year ago, we met the first six members of our Club in the beautiful Artima restaurant in Limassol. The innovative idea of the Club was to have private lunches and dinners in order to introduce to each other 6 people from 6 different industries each time. We also made sure that people at the table were of at least three different nationalities as we wanted to create a truly international spirit. Since that first lunch, the…