Breaking news

Cyprus Emerges As Premier Investment Hub With Robust FDI Growth

Strong FDI Performance And Strategic Investment In Technology

Cyprus recorded €8.5 billion in gross foreign direct investment inflows in 2024, according to data presented at the annual general meeting of Invest Cyprus. The figures represent an increase of about 60% compared with the previous year and place the country among the top ten globally on a per capita basis.

Advancing International Partnerships And Expanding Economic Influence

The annual review highlighted several investment developments. Invest Cyprus reported more than 70 quality letters of intent and the progression of 12 major investment projects. More than 420 companies established operations in Cyprus through the Business Support Centre, according to the organization. Technology attracted a significant share of investment. Around €2.6 billion was allocated to the sector, primarily in information and communication technology.

Strategic Global Outreach And Enhanced Economic Cooperation

Invest Cyprus expanded its international outreach activities in 2025. The program included presidential missions to Canada, New York and San Francisco. Cyprus also strengthened cooperation with India and Gulf countries. The country supported the establishment of the India–Greece–Cyprus and UAE–Cyprus Business and Investment Councils and continued trilateral cooperation initiatives with Egypt. Officials said the initiatives aim to strengthen economic cooperation and attract additional foreign investment.

Future Outlook: Expanding Influence And Strategic Communication

Invest Cyprus plans additional international promotional activities in 2026. The program includes events in London and New York organized in collaboration with the Financial Times. A business and investment mission to India is also planned. The visit will coincide with the official trip of the President of Cyprus and will be coordinated with the Cyprus Chamber of Commerce and Industry.

The organization is also expanding partnerships in the defence sector with European and Indian companies.

Leadership Endorsements And Strategic Continuity

Invest Cyprus Chairman Evgenios Evgeniou said consistent international communication remains important for strengthening Cyprus’ position as an investment destination. Finance Minister Makis Keravnos said that Invest Cyprus’s work contributes to the government’s efforts to strengthen the country’s economic competitiveness. The meeting also confirmed the appointment of a new board of directors to oversee the organisation’s future investment promotion activities.

A Resilient Future For Cyprus

The meeting confirmed the appointment of a new board of directors at Invest Cyprus. The board will oversee the organization’s investment promotion activities and international partnerships.

Copyright Law Struggles To Keep Up With AI Training

Courts Are Still Applying Old Copyright Rules To AI

AI companies train models on enormous amounts of published material, including books, articles and academic research. Whether using that content without authors’ permission violates copyright law remains unresolved.

Much of the debate centres on fair use, which allows copyrighted material to be used without permission in certain circumstances. Courts consider factors such as the purpose of the use, how much material was involved and its impact on the original market.

Anthropic Case Sets An Important Precedent

A major case involving Anthropic and a group of authors provided one of the clearest rulings so far. Judge William Alsup found that using copyrighted books to train AI models was lawful, comparing the process to people reading and studying literature before creating something new.

Anthropic was nevertheless ordered to pay $1.5 billion in a settlement. The penalty concerned books the company had obtained from illegal online libraries rather than the AI training itself.

For AI companies, that distinction could prove significant because it separates studying copyrighted material from directly copying it.

Competition Could Be The Key Issue

A case involving Thomson Reuters and Ross Intelligence offers a different perspective. A court ruled that Ross could not claim fair use after using Reuters’ copyrighted material to develop a competing AI-powered legal research platform.

The decision suggests courts may be less willing to consider AI training fair use when copyrighted content is used to build a product that directly competes with the original.

For authors, an unresolved question is whether AI-generated content should be considered competition for the works used to train these models.

The Law Has Yet To Catch Up

US copyright law predates generative AI by decades, leaving courts to apply old principles to new technology. Questions also remain over copyright protection for AI-generated works. In Thaler v. Perlmutter, a court ruled that material created entirely by AI cannot receive copyright protection.

Major AI companies remain involved in copyright litigation, and different courts could reach different conclusions. For now, there is no universal rule: the legality of AI training will depend on the circumstances of each case and how courts ultimately interpret copyright and fair use.

Uol
The Future Forbes Realty Global Properties
Aretilaw firm
eCredo

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter