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Cyprus And India Forge Strategic Alliances In Gaming, Pharma And AI

by THEFUTURE.TEAM

September 25, 2025

Cyprus is steadily emerging as a dynamic hub of innovation and investment, as demonstrated by Chief Scientist Demetris Skourides’ recent four‐day mission to India. The visit, which concluded on September 19, underscored the commitment of both nations to deepen bilateral cooperation and capitalize on new opportunities in gaming, pharmaceuticals, artificial intelligence, and digital infrastructure.

Strategic Engagements With Industry Leaders

During a series of high-level meetings, Skourides engaged with top executives from India’s premier companies. Discussions with leaders from Nazara Technologies and Fancode focused on bolstering Cyprus’s gaming and digital sports sectors. Equally significant were talks with executives from defence technology startups and key players in the entertainment space, which highlighted the potential for collaborative innovation spanning sectors from AI-driven gaming to advanced defence and emergency response systems.

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Pioneering Innovation In Pharmaceuticals And Healthcare

In addition to technology and gaming, the visit prioritized advancements in the pharmaceutical and healthcare sectors. Meetings with Huzaifa Khorakiwala of the Wockhardt Foundation and representatives from Tata Memorial Hospital emphasized research and development collaborations, particularly in oncology and the integration of AI for diagnostics, prevention, and personalized treatments.

Advancing AI, Digital Transformation And Quantum Research

Significant dialogue also centered on accelerating the digital transformation agenda. Skourides led discussions on establishing robust AI and data sharing frameworks, while engaging with senior officials on innovations in quantum research and smart city initiatives. These conversations reflect a broader strategic pivot to position Cyprus as a bridge between India and Europe in cutting-edge technology development.

Forging A Global Ecosystem For Innovation And Investment

The visit was marked by multiple memoranda of understanding and partnerships with esteemed institutions such as UCLan University Cyprus, PCS IT India, and IIT Bombay’s Entrepreneurship Cell. These agreements are set to enhance cross-border learning, expedite startup incubation, and provide access to global markets for emerging entrepreneurs. The proactive strategy was further highlighted during Skourides’ keynote presentations at the ICC Global Business Summit and WTC Mumbai, where he elaborated on Cyprus’s expansive research and innovation ecosystem.

By engaging with political leaders and industry titans alike, Cyprus is affirming its role as a strategic conduit for global trade, research, and investment. As Skourides emphasized through these engagements, the collaboration between India and Cyprus is not only positioned to drive transformative progress but is also set to unlock unprecedented opportunities across multiple high-growth sectors.

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EU Moderates Emissions While Sustaining Economic Momentum

by THEFUTURE.TEAM

November 15, 2025

The European Union witnessed a modest decline in greenhouse gas emissions in the second quarter of 2025, as reported by Eurostat. Emissions across the EU registered at 772 million tonnes of CO₂-equivalents, marking a 0.4 percent reduction from 775 million tonnes in the same period of 2024. Concurrently, the EU’s gross domestic product rose by 1.3 percent, reinforcing the ongoing decoupling between economic growth and environmental impact.

Sector-By-Sector Performance

Within the broader statistics on emissions by economic activity, the energy sector—specifically electricity, gas, steam, and air conditioning supply—experienced the most significant drop, declining by 2.9 percent. In comparison, the manufacturing sector and transportation and storage both achieved a 0.4 percent reduction. However, household emissions bucked the trend, increasing by 1.0 percent over the same period.

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National Highlights And Notable Exceptions

Among EU member states, 12 reported a reduction in emissions, while 14 saw increases, and Estonia’s figures remained static. Notably, Slovenia, the Netherlands, and Finland recorded the most pronounced declines at 8.6 percent, 5.9 percent, and 4.2 percent respectively. Of the 12 countries reducing emissions, three—Finland, Germany, and Luxembourg—also experienced a contraction in GDP growth.

Dual Achievement: Environmental And Economic Goals

In an encouraging development, nine member states, including Cyprus, managed to lower their emissions while maintaining economic expansion. This dual achievement—reducing environmental impact while fostering economic activity—is a trend that has increasingly influenced EU climate policies. Other nations that successfully balanced these outcomes include Austria, Denmark, France, Italy, the Netherlands, Romania, Slovenia, and Sweden.

Conclusion

As the EU continues to navigate its climate commitments, these quarterly insights underscore a gradual yet significant shift toward balancing emissions reductions with robust economic growth. The evolving landscape highlights the critical need for sustainable strategies that not only mitigate environmental risks but also invigorate economic resilience.