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Cyprus Mulls Ending Gas Import Monopoly To Address Energy Challenges

Cyprus is contemplating the termination of its state-controlled gas import monopoly in a bid to resolve persistent energy challenges and inefficiencies in the market. The proposal aims to introduce private sector competition in the natural gas import sector, potentially leading to lower energy costs and a more efficient market structure. This move could also expedite Cyprus’s shift towards greener energy by fostering a more dynamic and competitive environment. The decision forms part of a broader strategy to modernize the island’s energy landscape and bolster energy security.

The idea of ending the monopoly is seen as a crucial step in addressing the current energy deadlock that has hindered the country’s progress in achieving a stable and affordable energy supply. With the state monopoly in place, the energy market has faced limitations that have slowed down the adoption of more sustainable energy practices and kept energy prices relatively high. By allowing private entities to participate in gas imports, Cyprus hopes to create a more competitive market that can better respond to the demands of consumers and the global energy market.

Additionally, opening up the gas market could attract foreign investment, further stimulating the economy and providing the necessary capital for energy infrastructure projects. This shift could also lead to a diversification of energy sources, reducing the country’s reliance on imported fossil fuels and supporting its environmental commitments.

The potential policy change comes at a time when many countries are reevaluating their energy strategies in light of global economic pressures and the urgent need to address climate change. For Cyprus, the end of the gas import monopoly could mark a significant turning point in its energy policy, aligning the country more closely with European Union energy market regulations and sustainability goals.

Abu Dhabi Unveils Dh13-Billion Plan To Lead as the World’s First Fully AI-native Government by 2027

Abu Dhabi is setting ambitious goals for the future, announcing a Dh13-billion strategy that aims to make its government operations entirely powered by artificial intelligence (AI) by 2027. With this move, the emirate aspires to become the world’s first fully “AI-native” government, with automated processes and complete adoption of cloud computing technologies.

The Abu Dhabi Government Digital Strategy 2025-2027, led by the Department of Government Enablement – Abu Dhabi (DGE), is a transformative initiative to enhance public service delivery, optimize government functions, and drive sustainable economic growth. Along with technological advances, the strategy will create over 5,000 jobs, boosting the local economy and contributing more than Dh24 billion to Abu Dhabi’s GDP.

The core objective of this initiative is to embed AI, cloud technologies, and data-driven insights into the very DNA of the government. “By incorporating these cutting-edge technologies, we will optimize our operations, improve public services, and ultimately support sustainable economic growth,” said Ahmed Hisham Al Kuttab, Chairman of DGE.

Key aspects of the strategy include the establishment of a unified digital enterprise resource planning (ERP) platform, which will improve government efficiency and streamline processes. As part of the “AI for All” program, the initiative will also focus on empowering citizens by training them in AI applications, ensuring a highly skilled workforce ready to meet the demands of a rapidly evolving technological landscape.

Moreover, the government is committed to implementing over 200 AI-driven solutions across various public services, ensuring that these innovations reach all facets of governmental operations. Alongside the technological advancements, comprehensive cybersecurity measures will be introduced, with new digital guidelines aimed at maintaining the highest standards of security.

This move is not only a strategic shift towards a fully digital government but also a bold step towards positioning Abu Dhabi as a global leader in the adoption of artificial intelligence and advanced technologies in the public sector.

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