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Cyprus And Greece Sign MoU To Drive Digital Transformation

Cyprus and Greece have solidified their commitment to digital transformation through the signing of a Memorandum of Understanding (MoU). This agreement, formalised by Nicodemos Damianou, Deputy Minister of Research, Innovation and Digital Policy of Cyprus, and Dimitris Papastergiou, Minister of Digital Governance of Greece, aims to enhance the digital capabilities of both nations.

Strategic Digital Cooperation

The MoU focuses on exchanging best practices, expertise, and technological know-how to develop advanced digital applications and services. A key component of this initiative is the “Digital Citizen” application in Cyprus, modeled after Greece’s Gov.gr Wallet. This application will facilitate electronic identity verification and digital signatures, streamlining interactions between citizens and the state.

Enhancing Public Services

The collaboration is designed to improve the operational efficiency of public services in both countries. By leveraging each other’s strengths and experiences, Cyprus and Greece aim to provide their citizens with more effective and user-friendly digital services. The shared goal is to utilise technology to benefit the populace, enhancing transparency, accessibility, and convenience in public sector operations.

Leadership Perspectives

During the signing ceremony in Athens, Damianou expressed his appreciation for Greece’s cooperation, highlighting the mutual benefits of the partnership in driving digital modernisation. Papastergiou echoed these sentiments, emphasising the shared objective of using technology to enhance citizens’ lives.

Long-term Vision

This agreement represents a significant step towards the digital transformation of both nations, aligning with broader European digital strategies. By fostering a collaborative environment, Cyprus and Greece are setting a precedent for regional cooperation in digital governance.

UAE Job Trends For 2025: High-Demand And Lucrative Roles Revealed

The UAE’s flourishing asset management sector, bolstered by rising investor interest, regulatory advancements, and a surge in Family Offices and Ultra High Net Worth Individuals (UHNWIs), is driving demand for banking and finance talent.

Roles in fundraising and institutional sales are particularly sought after, with professionals in these fields highly valued for their regional networks and industry expertise, according to Michael Page’s UAE 2025 Salary Guides. The comprehensive report, which includes insights from 17 industries, offers an overview of current hiring trends, salary benchmarks, and the recruitment challenges businesses face.

Banking And Finance In High Demand

The report highlights a significant need for compliance professionals, especially those with experience in Dubai Financial Services Authority (DFSA) and Financial Services Regulatory Authority (FSRA) regulations. Chief Compliance Officers and Money Laundering Reporting Officers (MLROs) are among the most lucrative roles in the sector. Jon Ede, Regional Director UAE at Michael Page, pointed out that in 2024, the UAE’s workforce grew by 9%, and the number of new companies increased by 14.5%, showing the success of the nation’s strategic initiatives.

Sales, Marketing, And IT Growth

The sales and marketing sector has seen steady growth, especially in B2B industries like technology, real estate, energy, and logistics. Roles such as Business Development Manager, Chief Commercial Officer, and Strategic Sales Director are in demand, with a premium placed on business development, key account management, and communication skills.

The IT sector, meanwhile, continues to evolve rapidly, with high demand for positions like Head of Software Development, Full-Stack Software Engineer, Agile Product Manager, Senior DevOps Engineer, and Digital Adoption Specialist. The report underscores the significant shift in the UAE talent market for digital professionals in recent years.

Navigating The Skills Shortage

The study also highlights the growing skills shortage, with businesses grappling to find candidates with the right expertise. A staggering 37% of business leaders reported challenges in finding skilled talent, while nearly a third (30%) struggled with employee retention. Nearly half (48%) of employers also cited aligning salary expectations with candidates as a key obstacle.

Ede suggests that businesses can overcome these challenges by offering competitive packages that include benefits, career development opportunities, and workplace incentives, positioning themselves as attractive employers in the competitive UAE job market.

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