Construction Watch: Cyprus construction materials costs jumped 10% in two months, with a 35% rise over five years, driven by energy prices, Iran-related geopolitical pressures and higher emissions allowance costs—hitting iron, aluminium and steel hardest. Energy & Tech: NVIDIA executives say AI can help Cyprus tackle traffic, water and climate challenges, while Green Agenda also spotlighted underwater compressed air storage that could cut electricity bills by up to 50% and support renewable energy use. Water Security: Reservoirs are now 42.4% full (more than double last year), but officials warn it’s not time to relax as dams like Kouris remain below half capacity. Shipping & Register: Greek shipowners are increasingly turning to the Cyprus flag, citing faster registration, cost predictability and a strengthened maritime safety framework. Finance Regulation: A Limassol brokerage (Freedom Finance Europe) updated capital and liquidity disclosures to CySEC after an internal audit to better meet stricter EU MiFID II expectations. Energy Policy Debate: Former energy regulator Andreas Poullikkas renewed discussion of small modular reactors as a potential add-on for electricity, desalination and hydrogen. EU Cohesion: Cyprus presidency talks backed the EU “right to stay” approach, aiming to keep jobs and opportunities in citizens’ home regions. Water Saving Campaign: Larnaca launched a drive to cut household use by 26 litres per day by September.