Digital Cyprus Conference 2026 Puts AI At The Heart Of Business Transformation

Artificial intelligence and digital transformation took centre stage this week as the 5th Digital Cyprus Conference 2026 brought together business leaders, policymakers, technology experts and internationally recognised speakers in Nicosia to discuss how emerging technologies are reshaping the future of business.

AI Takes Centre Stage In Cyprus’ Digital Agenda

Organised by the Cyprus Information Technology Enterprises Association (CITEA) and IMH, the conference explored how artificial intelligence is transforming industries, changing the way businesses operate and creating new opportunities for growth across the economy.

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Addressing the event, Deputy Minister of Research, Innovation and Digital Policy Nicodemos Damianou highlighted the strategic role of digital transformation and AI adoption in strengthening Cyprus’ long-term competitiveness.

Business Leaders Examine The Next Wave Of Transformation

Building on that theme, speakers from Cyprus and abroad shared insights into the latest developments in digital technologies, focusing on the strategies businesses can adopt to remain competitive in an increasingly technology-driven marketplace.

Alongside the conference programme, participants also explored an outdoor technology exhibition showcasing innovative products, services and digital solutions from companies across the sector.

CITEA Says AI Is No Longer Optional

Reflecting on the discussions, CITEA President Giorgos Malekkos said the conference demonstrated not only how rapidly artificial intelligence is evolving, but also how businesses are already putting the technology into practice while preparing for the opportunities it is expected to create in the years ahead.

“AI is here to stay and was the central theme of the conference, a topic that will continue to be highly relevant in the years ahead,”
he said.

Malekkos added that CITEA and its members stand ready to help businesses take the next step by supporting the adoption and effective use of artificial intelligence.

A Growing Platform For Cyprus’ Digital Ecosystem

This year’s event once again reinforced the conference’s role as one of Cyprus’ leading forums for the business and technology community. By bringing together policymakers, industry leaders and technology providers, it provided a platform for exchanging ideas, sharing expertise and building new partnerships across Cyprus’ growing digital ecosystem.

The Future Forbes Realty Global Properties

Athens And Nicosia Still Offer Some Of Europe’s Most Affordable Apartments, Despite Rising Prices

by THEFUTURE.TEAM

July 13, 2026

Housing costs in Nicosia remain well below those in most western European capitals, according to new data from Global Property Guide, highlighting the wide gap in residential property prices across Europe.

Nicosia And Athens Remain Among Europe’s More Affordable Capitals

The latest figures from Global Property Guide, which tracks residential property markets across 88 countries, show that both Nicosia and Athens remain among Europe’s more affordable capital cities, despite years of steady price growth.

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In Cyprus, the median asking price for a one-bedroom apartment in Nicosia stands at €145,000. Two-bedroom apartments are priced at €205,000, while three-bedroom homes reach €280,000.

That places Nicosia slightly above Athens in the one-bedroom category, where the Greek capital records a median asking price of €135,000. For two-bedroom and three-bedroom apartments, however, prices are identical in both cities at €205,000 and €280,000, respectively.

Western Europe Commands A Premium

Athens also remains relatively affordable by European standards. Median asking prices for one-bedroom apartments reach €174,000 in Warsaw, €240,000 in Madrid, €310,000 in Milan and €325,000 in Berlin.

The gap is even more pronounced in Western Europe, where one-bedroom apartments cost around €440,000 in both Paris and Lisbon, more than three times the price seen in Athens.

The difference becomes even greater for larger homes. A three-bedroom apartment carries a median asking price of €280,000 in both Athens and Nicosia, compared with €685,000 in Lisbon, €690,000 in Milan, €845,000 in Berlin and €1.08 million in Paris.

For two-bedroom apartments, the contrast is equally striking. While homes are priced at €205,000 in Athens and Nicosia, equivalent properties cost €380,000 in Madrid, €455,000 in Milan, €527,000 in Berlin, €620,000 in Lisbon and €695,000 in Paris.

Europe’s Most Expensive Property Markets

Global Property Guide’s data also highlights the wide variation in residential property prices across Europe.

Zurich is the continent’s most expensive market for a one-bedroom apartment, with a median asking price of €1.151 million. It is followed by Luxembourg (€669,000), Copenhagen (€601,000), Munich (€548,000) and London (€522,000), while Paris and Lisbon are both priced at around €440,000.

The Most Affordable Cities

At the other end of the market, the lowest asking prices are concentrated in south-eastern and eastern Europe. Median asking prices for a one-bedroom apartment stand at €125,000 in Riga, €118,000 in Podgorica, €110,000 in Bucharest, €103,000 in Sarajevo and €79,000 in Chisinau.

According to the report, Skopje is Europe’s most affordable capital for one-bedroom apartments, with a median asking price of just €55,000.

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