Cyprus Business Development: Cyprus has brought into force the law creating a new Cyprus Business Development Organisation and named its first seven-member board, aiming to plug financing gaps for SMEs, startups and self-employed professionals. AI Leadership: Google has reshuffled its AI structure, appointing Greek Cypriot Demis Hassabis as Alphabet chief scientist and chair of Google DeepMind, as Gemini leadership changes signal a push for faster breakthroughs. Local Tech Startup: Paphos-based Sainni is pitching an AI sales assistant that supports reps during live calls and automates follow-ups, betting Cyprus’ business ecosystem can help it land recurring subscribers. Trading Tech: Just2Trade’s new CMO, Vsevolod Smirnov, says brokerage competition will shift toward tech that matches tools to each client’s goals and risk tolerance. Green Shipping: Cyprus plans its first solar electric passenger vessels by April 2027 via a cooperation deal with India’s Navalt, with possible local assembly and future work on autonomous maritime systems. Energy & Maritime Surveys: Reports of a NAVTEX for seabed surveys tied to the Great Sea Interconnector were not confirmed by Cyprus or Greece. Infrastructure & Finance: Eurobank Research says Cyprus’ construction sector stayed strong in early 2026, with building permits and approved dwellings up year-on-year. AI Hardware Demand: Cyprus-based IT distributor ASBISc Enterprises posted record results, driven by AI infrastructure demand, with Q2 net profit more than tripling.