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Cyprus Enacts Robust Tax Reform to Boost Foreign Investment And Business Growth

by THEFUTURE.TEAM

December 24, 2025

Parliament Endorses Landmark Tax Reform

Cyprus’ legislature has approved a comprehensive tax reform that marks a pivotal chapter in the nation’s economic evolution. According to Invest Cyprus, this decisive action both preserves and enhances the country’s reputation as a premier destination for business and foreign capital.

Enhancing Competitiveness Through Strategic Tax Adjustments

The new framework introduces several targeted reforms for legal entities. Key measures include the elimination of the deemed distribution of dividends, along with a reduction in the withholding tax on actual dividend distributions from 17% to 5%. Additional adjustments such as the abolition of stamp duty, broadened exemptions for capital gains tax, and more favourable stock option treatments, collectively underpin a reassured investment environment. A modest corporate tax increase from 12.5% to 15% further aligns the system with evolving economic needs.

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Investor Confidence And Long-Term Policy Vision

In a recent interview with InBusinessNews, Invest Cyprus chief executive Marios Tannousis emphasized that the reform fortifies the stability, predictability, and clarity indispensable to foreign investors. He noted that such a refined tax framework is foundational for Cyprus’ sustained economic appeal, extending the country’s competitive edge well into 2026 and beyond.

Collaborative Efforts Driving Economic Resurgence

Expressing appreciation for the role of both public bodies and private sector stakeholders, Tannousis commended the government, the Finance Ministry, and parliament for their collaborative efforts. This reform not only resolves a long-standing issue but also ushers in a renewed era poised to significantly bolster foreign investment and entrepreneurial growth in Cyprus.

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Meta’s Muse Is Outpacing ChatGPT In Early Mobile Adoption, New Data Suggests

by THEFUTURE.TEAM

September 22, 2026

Meta’s new AI app, Muse, may be emerging as one of the company’s strongest consumer launches to date. Fresh estimates from market intelligence firm Apptopia suggest the app has outperformed ChatGPT in early mobile traction, at least in the U.S. and Canada.

According to Apptopia, Muse recorded more downloads in its first 12 days on the market than ChatGPT did during the comparable period after its mobile debut. The comparison, limited to the U.S. and Canada, puts Muse’s iOS downloads at 1.8 million versus 1.3 million for ChatGPT over the same initial window.

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A Strong Early Start Across Platforms

In total, Muse has reached 2.8 million global installs in its first 12 days, according to the firm. The app’s momentum also appears to be holding. After debuting at No. 2 on the U.S. App Store, Muse has since climbed to No. 1, surpassing ChatGPT, according to reporting from Business Insider. Appfigures had previously estimated that Muse crossed 1 million downloads shortly after launch.

That early rise matters because app-store performance in the first days after launch often signals whether a product can sustain consumer attention beyond initial curiosity. In Meta’s case, the data suggests Muse is not simply benefiting from novelty; it is gaining ground quickly enough to challenge the category leader.

Daily Users Show Similar Momentum

Apptopia’s estimates point to another favorable comparison for Meta: daily usage. In the U.S. alone, Muse is said to have 642,000 daily active users, well above the 231,000 ChatGPT had at the same stage of its mobile rollout.

To make the comparison fairer, Apptopia also narrowed the analysis to iOS only, since ChatGPT launched on iPhone before expanding more broadly. Even under that tighter lens, Muse still comes out ahead, with 359,000 daily active users on iOS compared with ChatGPT’s earlier figure.

Why Meta Has An Advantage

Third-party estimates are not the same as internal company data, and Apptopia cannot see Meta’s proprietary numbers. Still, even directional data suggests Muse may be on track to become a meaningful consumer product for Meta.

That possibility is strengthened by Meta’s distribution advantage. The company has already demonstrated how powerful its ecosystem can be with Threads, which surpassed 500 million users after heavy promotion across Instagram and Facebook. Muse is likely to receive a similar boost, especially because it can connect across Facebook, Instagram, and WhatsApp.

Apptopia does not track Meta’s internal promotion strategy, but its data indicates that more than 95% of Muse users are also Facebook users, while 63% are Instagram users. That overlap underscores how effectively Meta can move users across its products when it chooses to prioritize a launch.

The Strategic Test For Meta

For Meta, the early signal from Muse is less about one app’s download count than about whether the company can turn its scale into durable AI adoption. The first test is attention. The harder one is retention.

If Muse can convert early downloads into habitual use, Meta may have found a new front door into its AI ambitions. If not, the app risks becoming another example of how easily mobile hype can spike before settling back down.

Meta, which was asked for comment, has not yet released public figures on Muse’s early adoption.