Our higher education institutions have gained global recognition for their academic excellence, and we are spearheading initiatives to further modernise higher education, aiming for greater flexibility, enhanced research capacities and stronger international collaborations.

Our main scope is to increase efficiency and cost-effectiveness in transporting goods and the population in general, to enhance the attractiveness and quality of the urban environment and to reduce greenhouse gas emissions and energy consumption.

The UK and Cyprus have a longstanding history of cooperation. The UK is also a key source market for Cyprus in terms of investment. What type of projects or sectors have seen significant British participation so far, and what type of foreign direct investment would you like to see from the UK in the future?

The strong and multifaceted relationship between Cyprus and the UK will continue to support and develop trade and commercial partnerships, which in turn will offer tangible economic and financial benefits to the people of both countries.

The UK is an important and strategic ally for Cyprus. What are the key pillars that form this strong relationship and how do you see this bilateral partnership developing in the future?

Cyprus has historically attracted significant investment and participation from the UK in various economic sectors, but there is scope for more cooperation to further strengthen the bilateral relationship and strategic ties of the two countries.

Inward investment can serve as the best proof for investors’ confidence in Cyprus, which is excelling in traditional, but also new emerging sectors of the economy. The stability, access to other markets and the European base the island offers, makes Cyprus the perfect partner for UK economic and trade interests.

Cyprus and the UK have a strong partnership in multiple areas, but which sectors are providing the most investment potential at the moment? How can Cyprus facilitate more business from the UK and make itself even more attractive to British investors?

Cyprus offers a comprehensive business ecosystem making it a compelling prospect for Indian enterprises setting their sights on Europe, and there is considerable room to enhance the current trade volumes and investment flows between Cyprus and India.

India and Cyprus have a strong relationship and have been fostering closer economic and political ties in the last few years. In terms of investment, what kind of activity has Cyprus attracted from India and what type of Indian foreign direct investment would you like to see in the future?

India and Cyprus have a longstanding friendship which is being reinforced by new efforts to increase mutual investment activities and promote deeper business cooperation in multiple economic sectors.

The success of Indian start-ups and the growing start-up ecosystem in Cyprus present a significant opportunity for cross-border collaboration and expansion. Prospects for partnerships in areas such as IT, software development, and fintech are significant.

Cyprus and India are currently deepening their bilateral ties in terms of trade and investment. Which sectors of the Cyprus economy could provide the most investment potential for India at the moment, and how can Cyprus facilitate more business from Indian investors?

Cyprus and India have placed strong focus on further strengthening their bilateral relations. What are the key pillars that form this diplomatic relationship and how do you see this partnership developing in the future?

Amidst stiff competition from other destinations, Cyprus must leverage its inherent advantages to cement its position as a prime tourism investment hub. This includes enhancing infrastructure, providing excellent service, and promoting sustainability, as well as leveraging digital and technological advancements.

Cyprus is a modern, efficient and integrated maritime centre and is among the largest shipmanagement centres in the world and the largest in Europe. This, coupled with the number of fiscal and economic advantages offered by the Cyprus maritime administration has prompted companies to set up fully fledged offices on the island.

The agriculture sector continues to be a vital economic sector with plenty of development opportunities. The encouragement of cross-sector cooperation in the agri-food sector could lead to smart solutions which may be applied to the entire agri-food supply chain.

The influx of global companies investing in Cyprus has been instrumental in enhancing its reputation as an emerging tech hub and showcasing its potential, bringing in financial resources and introducing global expertise and networks that further enrich the local tech ecosystem.

Customers are more educated on the real estate market than ever before. They have choice and will scrutinise the options available with far more detail. Comprehensive developments continue to attract interest, while trends in sustainable and eco-friendly buildings are on the rise.

The digital transformation of our society creates large pools of data that become an important asset for companies. Specialised cyber insurance products are now in the portfolios of most Cyprus insurance companies, and we are also expecting to see a shift to more complex coverages for new generation vehicles.