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Minds In Cyprus Draws Strong Interest In London And Birmingham As Cyprus Expands Talent-Repatriation Push

Strong interest in career opportunities in Cyprus and the incentives available to professionals considering a return was evident at two Minds in Cyprus events held in Birmingham and London, bringing together more than 350 Cypriot professionals working in the United Kingdom.

Held on June 22 in Birmingham and June 23 in London, the events featured 24 companies and organisations from Cyprus, showcasing more than 110 highly skilled job opportunities across key sectors of the economy.

A Direct Link Between Cyprus And Its Global Talent Base

The initiative returned to the United Kingdom one year after its launch in London by President Nikos Christodoulides. Representing the government, Deputy Minister to the President Irene Piki outlined the programme’s progress over the past year, the incentives now available and the career opportunities emerging in Cyprus.

Designed to connect Cypriots living abroad with businesses and organisations operating on the island, the initiative attracted participants from fast-growing sectors including technology, fintech, financial and professional services, research, innovation and energy.

Showcase In London, Roundtable In Birmingham

The London event took the form of a career opportunities exhibition, while Birmingham hosted an open roundtable discussion on Cyprus’ economic prospects, labour market needs and efforts to strengthen ties with the Cypriot diaspora.

Piki said Minds in Cyprus is a coordinated initiative designed to position Cyprus as a credible option for professionals planning their next career move. The objective, she added, is not only to encourage Cypriots to return, but also to create the conditions that make returning to, or working with, Cyprus a realistic professional choice.

Economic Momentum Is Reframing The Case For Return

Referring to Cyprus’ economic performance, Piki pointed to strong growth, historically low unemployment, declining public debt and successive upgrades by international credit rating agencies. She said these developments are increasing demand for specialised talent, particularly in high value-added sectors.

Particular emphasis was also placed on the Opportunities for Talent platform, which already has more than 700 registered professionals and features over 330 specialised vacancies from companies and organisations in Cyprus.

Tax Relief And Practical Support Are Central To The Offer

Targeted tax incentives for professionals considering a return were also presented. These include a new 25% tax exemption on employment income for Cypriots who have lived abroad for seven years, alongside the existing 50% tax exemption available in specific cases. Officials said the measures are intended to reduce costs and uncertainty during the first years after relocation.

Alongside the tax incentives, the government presented practical support measures under the Minds in Cyprus action plan, including faster recognition of professional qualifications and licences, assistance with residence and work permits for spouses or partners, support for families relocating to Cyprus, and access to centralised information through the Information Hub.

Representatives from the Tax Department and the Research and Innovation Foundation also briefed participants on tax matters, funding programmes, research opportunities and innovation support tools.

Beyond Return: Keeping Cyprus Connected To Its Diaspora

Piki said the initiative is intended not only for those considering a return to Cyprus, but also for professionals who wish to remain connected to the country by collaborating with Cypriot businesses, sharing expertise or contributing to projects being developed on the island.

“Minds in Cyprus does not simply ask for a return,” she said. “It creates the conditions for the idea of returning or collaborating to become a real option.”

The events were organised by the government and Invest Cyprus, with the support of the Cyprus Chamber of Commerce and Industry, Cypriots in the City, and companies and organisations operating in Cyprus.

More broadly, the initiative forms part of the government’s strategy to attract and deploy talent, strengthen the competitiveness of the Cypriot economy and leverage the international experience of Cypriots living and working abroad.

Mirendil Signs $100 Million Google Cloud Deal To Advance Self-Improving AI

AI startup Mirendil has signed a multi-year agreement worth more than $100 million with Google Cloud to secure computing infrastructure for its self-improving AI research.

The partnership reflects growing competition among AI companies to lock in access to high-performance computing, while cloud providers race to attract promising startups developing next-generation AI models.

Backing The Next Stage Of AI Research

Mirendil plans to use Google’s Tensor Processing Units (TPUs), Nvidia GPUs and managed training infrastructure to develop AI systems capable of improving their own performance over time.

Known as recursive self-improvement, the concept focuses on building AI that can refine its knowledge and capabilities with minimal human intervention. The technology is attracting growing interest across the industry, with several startups and leading AI labs exploring similar approaches.

According to co-founder and Chief Executive Behnam Neyshabur, the long-term goal is to develop AI that can automate scientific research and accelerate discoveries in fields such as medicine, biology and materials science.

Compute Capacity Becomes A Strategic Asset

Training increasingly advanced AI models requires enormous computing resources, making long-term infrastructure agreements a critical competitive advantage.

Mirendil said Google’s combination of TPUs and GPUs allows workloads to be matched with the most suitable hardware, improving efficiency while reducing costs for customers.

For Google Cloud, the agreement strengthens its position in the race to provide infrastructure for frontier AI developers, while giving the company exposure to one of the industry’s emerging approaches to next-generation artificial intelligence.

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