Opens in a new tab

Breaking news

Pharos-CY To Platform Free AI And Advanced Computing Services In Limassol

Overview

Pharos-CY, Cyprus’s AI Factory Antenna, will hold its first outreach event in Limassol on Thursday, 12 November 2026, introducing businesses, researchers and public organisations to free artificial intelligence services and advanced computing resources.

Titled “Meet Pharos-CY: The AI Factory Antenna of Cyprus Comes to Limassol,” the event will take place at the Limassol Municipality Blue Innovation Centre, hosted by the ERATOSTHENES Centre of Excellence.

Coordinated by The Cyprus Institute, Pharos-CY connects organisations in Cyprus with AI expertise, high-performance computing infrastructure, training and the wider European AI ecosystem.

The event will introduce participants to Pharos-CY’s resources and services, including how organisations can request support for their AI-related needs.

What To Expect

Pharos-CY offers a range of services designed to help organisations develop their AI capabilities, access computing resources and explore the application of artificial intelligence in their operations.

These include:

  • High-performance computing (HPC): Access to the DAEDALUS supercomputer and the wider EuroHPC ecosystem.
  • AI Registry: Access to AI-ready datasets, models and tools.
  • Development and consultation: Guidance on AI solutions, infrastructure and relevant regulations.
  • Tailored training: Workshops, bootcamps and webinars supporting AI skills development.
  • Business-oriented innovation support: Business guidance, networking opportunities and support for AI innovation.

The initiative has three principal areas of focus: health, sustainability, and culture and language, while supporting AI innovation across other sectors.

Who Should Attend

The event is aimed at startups, small and medium-sized enterprises (SMEs), industry representatives, researchers and public organisations interested in developing or adopting artificial intelligence.

It is especially relevant to organisations looking for AI expertise, advanced computing resources, access to datasets and tools, or guidance on developing AI-based solutions.

Date And Venue

Date: Thursday, 12 November 2026

Time: 13:30–16:30

Venue: Limassol Municipality Blue Innovation Centre, 76 Franklin Roosevelt, 3012 Limassol

Format: In person

Participation: Free

Attendees can register through the official event registration form.

About Pharos-CY

Pharos-CY is Cyprus’s AI Factory Antenna, coordinated by The Cyprus Institute and connected to the European AI ecosystem.

The initiative brings together research institutions and innovation organisations to support the development and adoption of artificial intelligence in Cyprus.

The project is co-funded by the European Union and the Deputy Ministry of Research, Innovation and Digital Policy.

The first Pharos-CY outreach event in Limassol is hosted by the ERATOSTHENES Centre of Excellence.

More information is available at pharos-cy.eu.

Economist’s 22nd Cyprus Summit To Bring Political And Business Leaders To Nicosia On 9–10 November

Overview

The 22nd Annual Cyprus Summit, organised by Economist Enterprise, will take place on 9–10 November 2026 at The Landmark Nicosia, bringing together political leaders, European policymakers, business executives and international experts to discuss the economic and geopolitical challenges facing Cyprus and the wider eastern Mediterranean.

Under this year’s theme, “A Strategic Gateway for Regional Co-operation,” the two-day conference will examine Cyprus’s position in a changing international environment, with discussions covering investment, energy security, artificial intelligence, financial technology and Europe’s economic competitiveness.

President Nikos Christodoulides is scheduled to deliver the official opening address on Monday, 9 November, focusing on stability and resilience in the eastern Mediterranean and Cyprus’s role in the region.

The programme will also feature senior representatives from European institutions, international organisations and the private sector.

What To Expect

The summit will examine how geopolitical developments, technological change and economic pressures are affecting business and policymaking in Cyprus and across Europe.

The first day, Monday, 9 November, will focus primarily on international relations, investment and energy.

An opening discussion led by John Peet, associate editor of special reports at The Economist, and Joan Hoey, Europe consultant at the Economist Intelligence Unit, will consider the economic and political outlook for Cyprus and the eastern Mediterranean.

A session titled “Investing in Turbulent Times: Make It Simple” will examine how Europe can attract investment, reduce barriers to growth and strengthen its economic resilience.

The programme will also address US-Cyprus relations, diplomatic efforts in the Middle East and Europe’s evolving foreign policy priorities.

Energy will feature prominently, including discussions on regional energy security and the Great Sea Interconnector, the proposed electricity connection between Greece, Cyprus and Israel. Speakers will examine the project’s commercial viability and the geopolitical challenges associated with its development.

On Tuesday, 10 November, attention will turn to issues including the Cyprus problem, healthcare resilience, artificial intelligence, fintech and workforce development.

The session “AI: Driving Growth or Deepening Inequality?” will consider the economic opportunities created by artificial intelligence alongside concerns about employment, unequal access to technology and the distribution of its benefits.

A separate fintech discussion, “Smart Finance: The Fintech Era,” will explore how technological developments are affecting banking and financial services.

The conference will conclude with a discussion on preparing the workforce for an AI-driven economy, including the relationship between education, skills development and future employment needs.

Speaker Line-Up

The programme includes senior political figures, policymakers and business representatives from Cyprus and abroad.

Among the announced participants are:

  • Nikos Christodoulides, President of the Republic of Cyprus
  • HRH Prince El Hassan bin Talal of Jordan, joining remotely
  • Sir Julian King, former European commissioner for the security union
  • Ehud Olmert, former prime minister of Israel
  • Amre Moussa, former secretary-general of the League of Arab States
  • Ioannis Tsakiris, vice-president of the European Investment Bank
  • Constantinos Kombos, Cyprus’s minister of foreign affairs
  • Michael Damianos, Cyprus’s minister of energy, commerce and industry
  • Nicodemos Damianou, Cyprus’s deputy minister of research, innovation and digital policy
  • Evgenios Evgeniou, chairman of Invest Cyprus
  • Stavros Stavrou, president of the Cyprus Chamber of Commerce and Industry
  • Andreas Yiasemides, chief executive and chairman of PwC Cyprus

The business and technology discussions will also feature representatives from financial services and investment, including Lucia Pecchini, secretary-general of the European FinTech Association, Ornit Shinar, managing partner at Sanchi Capital, and executives from ECOMMBX and Capital.com.

Other announced speakers include Athena Michaelidou, Cyprus’s minister of education, sport and youth, and Manuela Geleng, director for jobs and skills at the European Commission’s Directorate-General for Employment, Social Affairs and Inclusion.

Who Should Attend

The summit is particularly relevant to business leaders, investors, entrepreneurs, financial services professionals, policymakers and executives working in sectors affected by regional economic and technological developments.

Its discussions on investment, AI, fintech and energy may be of particular interest to Cyprus-based businesses considering international expansion, technological investment or new financing opportunities.

The conference also offers an opportunity to follow discussions on the policies and international relationships affecting Cyprus’s economic development.

Date And Venue

Dates: Monday, 9 November and Tuesday, 10 November 2026

Venue: The Landmark Nicosia, 98 Archbishop Makarios III Avenue, 1077 Nicosia

Programme:

  • Monday, 9 November: Registration begins at 08:15, followed by the opening sessions at 08:45.
  • Tuesday, 10 November: Registration begins at 08:45, with the conference programme scheduled to conclude at 15:30.

The programme includes keynote addresses, panel discussions and networking lunches.

How To Attend

Those interested in attending can submit an enquiry through the official 22nd Annual Cyprus Summit website.

About The Annual Cyprus Summit

The Annual Cyprus Summit is part of the international conference programme associated with The Economist, bringing together representatives from government, business and international institutions to discuss developments affecting Cyprus and its regional partners.

The 2026 edition is centred on the country’s potential role in strengthening cooperation between Europe and the eastern Mediterranean, with particular attention to geopolitical stability, competitiveness, investment and technological development.

Further information, including the full agenda, is available through Economist Enterprise.

Uol
The Future Forbes Realty Global Properties
Aretilaw firm
eCredo

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter