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Greek Maritime Sector Sets Benchmark For Female Employment Beyond European Averages

At the 89th Thessaloniki International Fair, Greece took center stage by unveiling a groundbreaking study on international best practices for enhancing women’s participation in maritime careers. Spearheaded by the maritime employees’ pension fund (NAT), the research signals a pivotal move towards increasing female representation in an industry historically dominated by men.

Emerging Leadership And Strategic Initiatives

The study, referenced by Newmoney and led by Professor Gabriel Amitsis of the University of West Attica, builds on NAT’s well-established Annual Report on Maritime Employment. Notably, women currently represent 7.8 percent of Greece’s registered maritime employment—a figure that starkly contrasts with Europe’s 1.2 percent in 2021 and 2.4 percent in 2022. The report details 25 strategic measures ranging from awareness campaigns and empowerment initiatives to policies that combat gender discrimination, providing a robust framework for integrating more women into the maritime sector.

A Comparative Analysis Of Global And Regional Trends

While global benchmarks such as the IMO-WISTA Women in Maritime Survey 2024 highlight that women comprise nearly 19 percent of the overall maritime workforce, their presence as active seafarers remains below 1 percent. This persistent gap underscores the challenges that even well-represented sectors, such as maritime administration and education, face when transitioning to active sea roles. Similar trends can be observed in Cyprus, where government initiatives and public policies, including the National Strategy for Gender Equality and the Cyprus Shipping Gender Equality Award, are paving the way for enhanced female participation in shipping.

Government Endorsement And Industry Leadership

Prominent government figures have reinforced the importance of these initiatives. Labour Minister Niki Kerameus lauded Greece as a pioneer in the field, emphasizing that the nation’s female maritime presence is more than three times the international average. Deputy Minister Anna Efthymiou echoed these sentiments, calling for an adaptive social security system that not only provides benefits but also actively supports the unique needs of female seafarers.

Innovation, Sustainability, And The Future Of Shipping

Georgia Maniati, Director and President of NAT’s Board of Directors, stated that international best practices are key to unlocking new pathways for equality, innovation, and sustainability. “The shipping of the future cannot be imagined without the female seafarer,” she said, underscoring NAT’s commitment to global initiatives that promote equal participation. As regional momentum continues to build, Greece and Cyprus are setting an industry precedent, illustrating that elevating female participation is not just a measure of social equity, but also a competitive necessity in today’s dynamic global market.

Government Employment Trends In Cyprus: Measured Growth Amid Contract Realignments

Overview Of Steady Growth And Sector Shifts

In August 2025, total government employment in Cyprus reached 52,661 personnel, recording a modest increase of 209 employees, or 0.4 percent, compared with the previous year. This nuanced change reflects a broader trend within the public sector, highlighting varied performance across key departments including the civil service, educational service, and security forces.

Sector Specific Dynamics

The educational service emerged as a bright spot, experiencing a robust 5 percent growth during the period. This growth stands in stark contrast with the civil service, which saw a 0.9 percent decline, and the security forces, where employment fell sharply by 2.4 percent. These changes underscore how individual sectors face differing pressures and opportunities, driven by policy adjustments and operational needs.

Contractual Trends And Their Implications

A closer examination of contract types reveals significant shifts. Notably, positions under contracts of definite duration increased by 8.3 percent overall, with the educational sector witnessing a striking 20.4 percent jump. In contrast, roles secured under contracts of indefinite duration declined by 6.3 percent, offering insights into evolving government hiring practices. In the security forces, definite-duration contracts plunged by 70.6 percent—a change driven primarily by the non-renewal and completion of specific contracts in July 2025.

Longer Term Trends And Public Sector Composition

From January to August 2025, the average total government employment also experienced modest growth, rising by 0.8 percent compared to the same period in 2024. The government workforce is broadly categorized into staff from the civil service, educational service, and security forces, with each segment employing a mix of permanent staff, employees with either definite or indefinite duration contracts, and hourly workers including regular, casual, and seasonal staff.

Conclusion

The measured increases and sector-specific variations in employment figures signal a period of adjustment within the Cypriot government workforce. The divergent trends between contract types and across departments reveal a strategic recalibration that policy makers and analysts will be watching closely as they shape the future of public sector employment.

Trade And Technology Propel Cyprus Business Growth

Cyprus has emerged as a dynamic hub of business activity in 2023, underscored by steady entrepreneurial expansion and the influential roles of trade and technology. Recent data from the Statistical Service (Cystat) reveals impressive growth figures that highlight a resilient and steadily evolving market environment.

Steady Enterprise Expansion

The number of registered enterprises surged by 4.5% in 2023, reaching 125,152 from 119,816 in 2022. This marks the fifth straight year of growth, following expansions of 5.7% in 2019, 1.3% in 2020, 3.8% in 2021, and 6.5% in 2022. Notably, the business register has grown from 101,323 enterprises in 2018, reflecting a robust upward trend in commercial activity.

Dominance Of Micro-Enterprises

Despite the significant expansion in overall business numbers, the structural composition of the Cypriot business landscape remains largely unchanged. Micro-enterprises, defined as firms with fewer than 10 employees, continue to dominate by accounting for 94.8% of all businesses, or 118,697 establishments. In contrast, large companies employing over 250 people are exceedingly rare, representing just 0.1% of the total.

Rising Employment Trends

Employment figures have mirrored enterprise growth, with total jobs increasing by 5.5% in 2023 to nearly 500,000 positions. From the downturn in 2020 due to the pandemic, employment rebounded with a 3.9% rise in 2021, followed by 6.4% in 2022. A detailed breakdown shows that micro-enterprises provide 38.1% of all jobs, while small, medium, and large enterprises contribute 20.1%, 16.5%, and 25.3% respectively.

Sector Performance Overview

The retail and wholesale trade sector continues to lead in business numbers, comprising 16,672 enterprises. This is followed by professional, scientific, and technical activities with 13,235 firms, and construction with 10,311. Employment figures also favor the trade sector, which accounted for 77,046 jobs, while accommodation and food services, alongside public administration, also contributed significantly. In contrast, sectors such as mining and quarrying remain minimal, underscoring the varied industrial landscape within Cyprus.

Regulatory Framework And Definitions

The methodology behind these statistics adheres to strict EU regulatory standards, with annual updates derived from social insurance, tax, and company registers. For clarity, an “enterprise” refers to the smallest autonomous legal unit producing goods or services, whereas an “establishment” is the specific location where business activity occurs.

By consistently attracting growth in both enterprise numbers and employment, Cyprus is positioning itself as a resilient and forward-looking business ecosystem—one where traditional sectors harmonize with innovative technology-driven industries.

US Expands Energy Collaboration With Greece to Reinforce Strategic European Security

Strategic Energy Realignment

During a pivotal visit to Athens, US Interior Secretary Doug Burgum underscored America’s determination to widen its energy partnerships, notably with Greece. This initiative is designed to enhance energy abundance among allies while curbing the influence of adversaries by limiting Europe’s reliance on Russian oil and gas supplies.

Tactical Energy Partnerships

In recent days, Burgum has worked across Europe to secure energy deals that align with broader strategic objectives. In Athens, he met with Prime Minister Kyriakos Mitsotakis to articulate a clear US agenda: to provide reliable energy options for Western allies, thereby reducing the necessity to purchase from competitive geopolitical rivals. The discussions come amid Greece’s announcement of a consortium bid—including industry leader Chevron—to explore natural gas opportunities in its waters.

Mitigating Russian Leverage

The initiative gains additional weight in the context of rising measures that have dramatically cut EU oil imports from Russia by 90%, despite some exceptions. With Europe currently reducing its dependency on Russian energy—from 45% of its gas supply pre-2022 to roughly 13% this year—the US strategy is to further accelerate the transition away from fossil fuels that finance Moscow’s geopolitical ambitions.

Regional Implications and Future Prospects

Greece’s energy landscape is in rapid transformation, marked by a 95% increase in US liquefied natural gas imports in the first half of the year. Moreover, a 2019 maritime agreement, though controversial, has bolstered Greece’s stance on its offshore boundaries, especially as Chevron expresses interest in blocks near Crete. These developments not only solidify American support for Greece’s territorial claims but also signal a recalibration of regional energy dynamics.

This strategic realignment underscores a broader US commitment to exporting its shale gas and oil reserves, thereby offering an effective counterbalance to Russian energy power in Europe and reinforcing economic stability for its allies.

UAE’s K2 Think Emerges as a Formidable Contender in Global AI

Introduction

The global artificial intelligence landscape has welcomed a new challenger. The Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) in the United Arab Emirates has unveiled K2 Think, a low-cost reasoning model designed to compete with industry heavyweights such as OpenAI and DeepSeek.

Innovative Design With Fewer Parameters

Unlike its competitors, K2 Think is built on only 32 billion parameters. Derived from Alibaba’s open-source Qwen 2.5 model and powered by hardware from AI chipmaker Cerebas, this model delivers performance on par with far larger systems. In comparison, DeepSeek’s R1 model contains an astonishing 671 billion parameters, underscoring the efficiency of K2 Think.

Advanced Techniques Driving Performance

The team at MBZUAI, in collaboration with UAE-based AI firm G42 and backed by Microsoft, credits the breakthrough to a combination of advanced methodologies. Techniques such as long chain-of-thought supervised fine-tuning and test-time scaling have ensured robust performance. As Hector Liu, director of MBZUAI’s Institute of Foundation Models, explains, the model was developed as an evolving system rather than a static release, a strategy that continuously refines its capabilities.

Geopolitical and Industry Implications

While the AI race has traditionally been dominated by U.S. and Chinese players, K2 Think marks a significant step for the UAE in diversifying its technological influence beyond simple energy economics. This move not only reinforces the UAE’s ambitions in digital innovation but also introduces a new element to the broader geopolitical contest for AI supremacy.

Focused Applications Across Science and Technology

Rather than serving as a generic chatbot, K2 Think targets specific applications in fields such as mathematics and science. Richard Morton, managing director for MBZUAI’s Institute of Foundation Models, argues that the model’s ability to mimic foundational human reasoning can dramatically condense processes that previously took years to complete. This efficiency could potentially democratize access to advanced AI technologies in regions lacking the deep pockets and infrastructure of U.S. tech giants.

Conclusion

K2 Think represents both a technological and strategic leap. By achieving high performance with a fraction of the parameters used by its rivals, MBZUAI has demonstrated that cutting-edge artificial intelligence does not always require the largest scale. As the AI landscape evolves, innovations like these will continue to reshape industry dynamics and geopolitical power structures around the globe.

Minute Media Bolsters Content Innovation With Strategic AI Acquisition

Strategic Expansion In Digital Sports Content

In a landmark deal underscoring its commitment to technological advancement, Minute Media—backed by BlackRock and Goldman Sachs—has acquired VideoVerse, a Mumbai-based AI startup renowned for its capabilities in extracting key highlights and generating dynamic sports content. VideoVerse, which has strong ties with industry giants such as the Indian Premier League, Women’s Premier League Cricket, FIFA+, Nippon TV, and Cubber TV, brings cutting-edge technology to Minute Media’s already expansive portfolio that includes iconic brands like Sports Illustrated and The Players’ Tribune.

Leveraging Advanced AI for Enhanced User Engagement

Founded in 2016 by Vinayak Srivastav, Saket Dandotia, and Alok Patil, VideoVerse initially developed AI tools for diverse applications, ranging from content moderation for film certifications to e-commerce object identification. Over time, the company strategically pivoted towards perfecting its video editing and detection tools specifically for sports broadcasting. This evolution has seen VideoVerse herald technological breakthroughs, including automated highlight generation and AI-powered translations, enabling broadcasters to curate tailored content packages that resonate with a global audience.

Robust Financials and a Promising Future

Although specific valuation details were not disclosed, sources indicate that VideoVerse was valued between $200 million and $250 million at its last funding round in 2023. With a track record of generating $65 million in revenue and maintaining a healthy EBITDA margin of 35% to 40%, the acquisition represents a significant milestone for Minute Media. CEO Asaf Peled highlighted that this is the largest acquisition by the company in terms of both value and scale, further strengthening its position in a competitive digital landscape.

Unlocking New Revenue Streams Through Innovation

Minute Media’s acquisition of VideoVerse is set to amplify its dual strengths in technology and content distribution. By integrating VideoVerse’s AI suite into its network of over 200 million monthly users and nearly 500 B2B publishers, Minute Media aims to pitch a compelling value proposition to U.S.-based sports leagues and beyond. This move is poised to generate substantial advertising revenue and enhance content monetization strategies by leveraging advanced AI capabilities to create and distribute richly engaging sports content.

An Industry Poised For Transformation

As digital consumption trends pivot towards mobile-first, dynamic content experiences, Minute Media’s strategic investment in VideoVerse underscores a broader industry shift. Fans increasingly demand content that transcends traditional coverage, and this acquisition is a calculated effort to meet that demand. With its eyes set on expanding its footprint in international markets, Minute Media is well-positioned to lead the charge in the next generation of digital sports media.

Oura CEO Tom Hale Clarifies Data Practices and Partnership Misconceptions Amidst Misinformation

Setting the Record Straight on Data Privacy

In a decisive address at the Fortune Brainstorm Tech conference, Oura CEO Tom Hale countered widespread misinformation concerning the company’s data handling practices. Hale unequivocally stated that Oura has never shared, sold, or granted government access to user data without explicit consent. He emphasized that all Oura rings, which track vital metrics such as heart rate, sleep quality, body temperature, and more, remain under stringent data confidentiality protocols.

Clarifying the Partnership With Palantir

Hale also dispelled rumors regarding a supposed partnership with Palantir, a company known for its work with various government agencies. According to Hale, the so-called ‘partnership’ stemmed from an acquisition involving a business contract—not an arrangement for data sharing. The contract, tied to the Department of Defense’s Impact Level 5 (IL5) certification for handling sensitive data, does not permit any entity, including Palantir, to access personal user information.

Maintaining Trust Through Secure Practices

Beyond addressing false claims, Hale underscored Oura’s commitment to privacy by highlighting that all enterprise solutions are executed within isolated, secure environments. The company’s clear stance—that user data will never be exploited for surveillance, prosecution, or any external use—reinforces trust in its products. This assurance comes as part of an ongoing effort to counter the influencer-driven backlash that recently swept through social media channels.

Looking to the Future

Addressing broader market trends, Hale noted that while the landscape is shifting towards more affordable, wrist-borne wearable technologies in regions like Asia and India, Oura is doubling down on innovation within its ring segment. With an impressive annual growth rate exceeding 100%, the company envisions its devices as proactive health monitors designed to preempt medical issues by offering real-time insights. Additionally, Oura is exploring further collaborations, such as its partnership with Medicare Advantage, and contemplating a future ecosystem of specialized wearables that may collectively offer a holistic clinical monitoring solution.

Through clear communication and robust data protection measures, Oura seeks to fortify its market position as a leader in innovative health technology while continuing to safeguard user privacy and security.

Apple Unveils Third-Generation AirPods Pro With Enhanced Capabilities

Innovative Integration Of Health And Audio Technology

Apple has once again set a high standard in consumer electronics with the introduction of its third-generation AirPods Pro. Debuting at Tuesday’s high-profile event, the new earbuds combine cutting-edge audio performance with health and fitness tracking features, reinforcing Apple’s reputation for strategic innovation. Priced at $249 and available for pre-order today, the AirPods Pro are slated to hit stores on September 19.

Advanced Health Monitoring And Noise Cancellation

A standout feature of this latest iteration is the integration of heart-rate sensing technology, marking a first for the AirPods line. Leveraging LED sensors similar to those found in the Powerbeats Pro 2, the technology delivers accurate heart-rate measurements that sync seamlessly with Apple’s Fitness app. In parallel, Apple has significantly refined its active noise cancellation system, claiming the new version removes twice the ambient noise compared to its predecessor, thereby enhancing the overall listening experience.

Real-Time Translation And Ergonomic Enhancements

Looking ahead, Apple is also preparing to launch a live translation capability with the upcoming iOS 26 software update. This feature is set to facilitate real-time conversations across different languages by enabling the iPhone and AirPods to work in concert, a testament to Apple’s commitment to global connectivity. In addition, the design improvements extend to the earbuds themselves, which now feature a more compact form and a range of five foam ear tip sizes to ensure a superior, customized fit for every user.

Future Prospects And Premium Variants

Despite the considerable enhancements in the current model, industry speculation remains rife about a high-end variant of the AirPods Pro 3. Expected to debut in 2026 at a premium price point, this version is rumored to incorporate an infrared camera designed to detect hand gestures and further bolster the spatial audio experience, particularly when used with the Apple Vision Pro headset.

Apple Unveils iPhone 17 Series With Enhanced Display And Advanced Camera Capabilities

Introduction

Apple has officially launched the iPhone 17 series in an event marked by innovative upgrades and refined design. The new base model features a larger display and cutting-edge enhancements that set a new benchmark in performance and user experience.

Display and Performance Upgrades

The iPhone 17 now boasts a slightly enlarged 6.3-inch screen, a noticeable upgrade from the iPhone 16’s 6.1-inch display. Significantly, the base model now incorporates the ProMotion display technology, supporting a 120Hz refresh rate and dynamically adjusting through LTPO (Low-Temperature Polycrystalline Oxide) technology for optimal performance. With a peak brightness of 3,000 nits, the new display ensures superior outdoor legibility.

Under the hood, the device is powered by a 3nm A19 processor coupled with an advanced display engine, promising efficiency and a seamless user experience. This performance leap is designed to meet the increasing demands of modern applications and multimedia consumption.

Enhanced Camera Capabilities

Apple has also refined its imaging technology with the inclusion of a 48-megapixel ultrawide camera. The updated system delivers enhanced macro photography and features a 2x optical telephoto function to capture details with greater precision. Moreover, the revamped front camera now utilizes a square sensor, enabling users to capture selfies in varied formats without needing to constantly adjust the orientation. The inclusion of the Center Stage feature further elevates video calls, ensuring participants remain perfectly framed.

Design and Pricing Strategy

The iPhone 17 is available in an appealing palette including lavender, mist blue, black, white, and sage. Starting at $799 with 256GB of base storage, the new series represents a value proposition that balances performance with pricing. Although the price point remains competitive compared to its predecessor—the iPhone 16 started at $699 for 128GB—the shift in base storage reflects Apple’s strategy to provide enhanced performance capabilities without compromising user experience.

Availability

Consumers can look forward to pre-ordering the iPhone 17 beginning this Friday, with general availability slated for September 19. As Apple continues to redefine market expectations, the iPhone 17 series is poised to make a significant impact in the highly competitive smartphone arena.

Apple Unveils Pioneering Advances in Its New Apple Watch Lineup

New Health-Forward Features and Enhanced Connectivity

Apple has once again set the standard in wearable technology at its annual hardware event with the introduction of the Apple Watch Series 11, Apple Watch Ultra 3, and Apple Watch SE 3. Demonstrating its commitment to personal health and technological innovation, Apple’s latest lineup brings breakthrough health monitoring capabilities alongside improved connectivity features.

Apple Watch Series 11: Advancing Predictive Health Monitoring

The Apple Watch Series 11 now offers a sophisticated alert system that analyzes data from its optical heart sensor to detect potential chronic hypertension. By continuously reviewing cardiovascular patterns over 30-day periods, this model aims to notify users of undiagnosed hypertension—a feature projected to impact over 1 million individuals in its first year. Combined with a refined Sleep Score that evaluates sleep duration, consistency, and quality, the Series 11 provides actionable insights to improve overall well-being.

Enhancing its connectivity options, the Series 11 debuts with 5G capabilities, offering superior battery efficiency and expanded coverage compared to LTE models. The device, available in Jet Black, Silver, Rose Gold, and a new Space Gray, delivers up to 24 hours of battery life starting at $399.

Apple Watch Ultra 3: Expanding Connectivity and Display Innovations

The Apple Watch Ultra 3 represents the pinnacle of rugged, high-performance wearables. Featuring a larger, ultra-bright LTPO3 wide-angle OLED screen—the largest in an Apple Watch yet—the Ultra 3 is engineered to excel in extreme conditions. In addition to 5G connectivity and advanced hypertension notification, it introduces groundbreaking satellite connectivity. This first-of-its-kind feature empowers users to tap into emergency communication services, even in remote areas devoid of cellular or Wi-Fi signals.

With up to 42 hours of battery life, extendable to 72 hours in Low Power Mode, and available in Black and Natural Titanium, the Ultra 3 is built for adventurous lifestyles. Pricing begins at $799.

Apple Watch SE 3: Enhanced Performance Meets Everyday Utility

Apple’s mid-tier offering, the Apple Watch SE 3, has been upgraded with the new S10 chip—delivering significant performance improvements over its predecessor. This enhancement enables an always-on display for the first time in the SE series, along with intuitive gesture controls such as double-tap and wrist flick. The device maintains an 18-hour battery life and now supports fast charging.

Additional features include wrist temperature sensing, which provides advanced insights into user vitals and retrospective ovulation estimates through the vitals app. Offered in Midnight and Starlight aluminum cases in 40mm and 44mm sizes, the SE 3 is competitively priced starting at $249.

Conclusion

Apple’s latest lineup not only reaffirms its dominance in wearable technology but also underscores its commitment to enhancing personal health monitoring and connectivity. With innovative features across all models, these devices are set to redefine industry standards and deliver exceptional value to users worldwide.

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