The ‘Money Conference 2025: Investment Outlook Opportunities & the AI Impact’, held in Nicosia this week, explored key investment prospects and the market impact of artificial intelligence.

The conference, which was organised for the seventh consecutive year, attracted distinguished speakers from Cyprus and abroad, as well as leading executives from the financial, technology, and business sectors.

Opening the event, Maria Koletta, assistant general manager of Eurobank asset management (MFMC), delivered a brief welcome address, in which she stressed the importance of strong partnerships in an era of rapid change.

As she pointed out, “In our time where everything changes so quickly, it is important to have strong partnerships that promote personal and professional success and growth.”

Labour Minister Yiannis Panayiotou, in his intervention on Thursday at the ministerial conference organised by the Polish presidency of the EU in Gdańsk, addressed the challenges and opportunities presented by the rapid progress of digital technology and its impact on the labour sector.

Panayiotou stressed the importance of developing artificial intelligence applications, emphasising the need to strengthen the production process while ensuring that new inequalities are not created.

According to a statement by the labour ministry, Panayiotou underlined the necessity of enhancing the capacities of both employers and employees to use artificial intelligence effectively, thereby improving the productivity of the European economy.

Toyota in Cyprus remained the leader in the passenger car market in January 2025, registering 537 vehicles, while Mazda followed with 313 and BMW with 266, according to a report from the statistical service.

Kia and Nissan recorded an equal number of registrations at 237 each, with Mercedes close behind at 197.

Further down the list, Volkswagen registered 127 cars, Honda 106, Hyundai 105, and Renault 91, completing the top ten brands.

In terms of new passenger saloon cars, registrations stood at 1,565 in January, making up 49.3 per cent of the total market.

In the digital age, data has become the cornerstone of effective decision-making, offering unparalleled insights and opportunities, according to Anna Xinistery, general manager of consulting and professional development centre Kesea.

Yet, the question remains. Are metrics and analytics given the prominence they deserve in Cyprus?

According to Xinistery, while global trends point to a growing reliance on data-driven strategies, Cyprus’ adoption of these tools reveals a mixed landscape of opportunities and challenges.

Far fewer applications have been received than anticipated for the small-scale building violations amnesty, Interior Minister Constantinos Ioannou said on Friday.

The measure announced in September had been intended to run for a period of six months and resolve a number of problems.

Owners would receive withheld title deeds through a simplified process, the authorities’ bureaucratic workload would be eased, and revenue generated from fines was to go into a fund for promotion of affordable housing by the land development organisation.