FastForward

FastForward Your go-to source for business, tech, finance, and culture in Cyprus. Insights, stories & updates shaping the future.

Cyprus may look wealthy, but a new INEK report reveals workers earn far less than expected, with some of the EU’s weakes...
29/11/2025

Cyprus may look wealthy, but a new INEK report reveals workers earn far less than expected, with some of the EU’s weakest purchasing power.

Cyprus wages lag behind EU levels despite strong economic growth, according to INEK’s 2025 report, which highlights low purchasing power, weak labour share and a stagnant minimum wage.

HackTech’25, organised by AdTech Holding, united 25 teams, industry leaders and public-sector partners in a 48-hour hack...
28/11/2025

HackTech’25, organised by AdTech Holding, united 25 teams, industry leaders and public-sector partners in a 48-hour hackathon dedicated to wildfire prevention, response and recovery.

HackTech’25, the island’s largest annual hackathon organised by AdTech Holding, wrapped up with a clear message: Cyprus’ tech community is ready to build real solutions to one of the country’s most urgent challenges — wildfires.

Exness explores how data and emotion can work together to create more human financial marketing. The piece highlights wh...
28/11/2025

Exness explores how data and emotion can work together to create more human financial marketing. The piece highlights why real impact comes not just from insights, but from understanding the people behind them. A reminder that the future belongs to brands that think intelligently and feel deeply.

Can AI really replace data? It’s a fair question. Algorithms can now generate insights, segment audiences, and predict behavior in seconds. But while machine learning transforms the creativity and mechanics of marketing, the meaning behind that information still rests on data and the human ability...

A guide to the best Christmas markets, villages and festivals across the island 👇
28/11/2025

A guide to the best Christmas markets, villages and festivals across the island 👇

Experience the best of Christmas in Cyprus 2025 with this guide to the top villages, markets and festive events across the island, from Nicosia to Ayia Napa.

Unicorn Pitches Limassol introduced a new Startup–Investor Speed Dating event, offering a rapid-rotation setup that enab...
28/11/2025

Unicorn Pitches Limassol introduced a new Startup–Investor Speed Dating event, offering a rapid-rotation setup that enables efficient pitching, real-time feedback, and high-value networking.

Unicorn Pitches Limassol introduces a Startup–Investor Speed Dating format, taking place directly at the Opus Venue on 03 December. It is designed to expand access to investors for all attendees. This initiative ensures that not only the startups selected for the main stage, but also any founders ...

The Cyprus Police Drug Law Enforcement Unit (YKAN) and Sistema Cyprus announced two concerts titled “Echoes of Light”, a...
28/11/2025

The Cyprus Police Drug Law Enforcement Unit (YKAN) and Sistema Cyprus announced two concerts titled “Echoes of Light”, an initiative that highlights the role of music education in social empowerment.

The Drug Law Enforcement Unit (YKAN) of the Cyprus Police, in collaboration with the socio-music orchestra program Sistema Cyprus, is organizing two unique concerts titled “Echoes of Light”, a musical journey filled with strength and inspiration.

Prolonged drought triggers mass tree die-offs and raises wildfire risks across the island.
28/11/2025

Prolonged drought triggers mass tree die-offs and raises wildfire risks across the island.

Cyprus faces severe drought impacts, with up to 40% of Cedar Valley’s ancient trees dried out and rising wildfire risks due to accumulated dry biomass.

Weather shift brings showers, storms and a slight temperature drop.
28/11/2025

Weather shift brings showers, storms and a slight temperature drop.

Storm ADEL will affect Cyprus from Saturday night with local showers and isolated thunderstorms, starting in the west and north and continuing into Sunday and Monday.

Loans to companies fell by €34.5 million, according to deposit and loan statistics published by the Central Bank of Cypr...
28/11/2025

Loans to companies fell by €34.5 million, according to deposit and loan statistics published by the Central Bank of Cyprus.

Cyprus loans grew 10.2% in October 2025, with a €336.6m net increase, while deposits rose by €412m, driven mainly by households, according to CBC data.

Cyprus slashes VAT to 5% for school construction and renovations.
28/11/2025

Cyprus slashes VAT to 5% for school construction and renovations.

Cyprus lowers VAT to 5% for constructing and renovating educational buildings, aiming to support modern facilities and improve access to quality education.

Cyprus launches a new Business Council in Dubai, aiming to boost cooperation with the UAE across energy, innovation, gre...
28/11/2025

Cyprus launches a new Business Council in Dubai, aiming to boost cooperation with the UAE across energy, innovation, green tech and emerging digital sectors.

Cyprus establishes the Cyprus Business Council in Dubai to strengthen Cyprus–UAE economic cooperation, promoting collaboration in energy, innovation and digital transformation.

The government, ETYK and Bank of Cyprus reached a preliminary agreement to restore Provident Fund losses from the 2013 b...
28/11/2025

The government, ETYK and Bank of Cyprus reached a preliminary agreement to restore Provident Fund losses from the 2013 bail-in and resolve existing inequalities.

A preliminary agreement on restoring Provident Funds for bank employees affected by the 2013 bail-in sets a new joint compensation framework and addresses long-standing disparities.

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