2 w. ago Diaspora entrepreneur calls for real incentives to reverse Cyprus’ brain drain

At the TechIsland Summit during the Reflect Festival, entrepreneur and cultural activist Tasoula Hadjitofi urged Cyprus’ leaders to adopt globally-competitive strategies to reverse the brain drain, stating: “patriotism doesn’t pay rent”. Speaking as part of the “Reclaiming Talent: Cyprus’ Strategic Brain Gain” panel with Deputy Minister Irene Piki and EXNESS CEO Petr Valov, Hadjitofi stressed […]

Politics

2 w. ago Cyprus economic sentiment dips in May as services outlook worsens

A renewed deterioration in the business climate within the services sector contributed to a further decline in economic sentiment in Cyprus in May, with the Economic Sentiment Indicator (ESI-CypERC) dropping by 1.5 points compared to April. According to the Economics Research Center of the University of Cyprus (CypERC), the decline was largely driven by falling […]

Economics

4 w. ago Tech boom puts pressure on Cyprus’ private school infrastructure

As Cyprus steps up its efforts to attract international talent and long-term investment, the country’s private education system is facing growing scrutiny, with capacity constraints emerging as a major barrier to sustainable growth.  This was the core issue tackled by a panel at the TechIsland Summit in Limassol on Thursday, where government officials, investors, and […]

Events

4 w. ago Cyprus Business Now: India business ties, BoC general meeting, TechIsland Summit

A new chapter in trilateral economic relations between India, Greece, and Cyprus was officially opened on Friday with the launch of the India-Greece-Cyprus Business and Investment Council (IGC) in Limassol. The event, held under the auspices of Eurobank and attended by senior government officials, diplomats, and business leaders from all three countries, was hailed as […]

Politics

4 w. ago TechIsland Summit: Cyprus ICT sector’s economic impact soars to €8.5 billion

Cyprus’ largest tech association, TechIsland, successfully hosted the TechIsland Summit 2025 in Limassol, its flagship annual gathering and a key stage of this year’s Reflect Festival. Bringing together leading figures from across the public and private sectors, the Summit provided a platform for dialogue around the country’s fast-growing digital economy, its challenges, and its international […]

Economics

4 w. ago Could tech finally meet the market through the Cyprus Stock Exchange?

The question is no longer hypothetical. As Cyprus sharpens its image as a destination for innovation, the Cyprus Stock Exchange (CSE) is quietly positioning itself as an untapped gateway for tech firms seeking both funding and credibility. Speaking at the TechIsland Summit on May 15, Acting General Manager of the Cyprus Stock Exchange, Nicos Trypatsas, […]

Sport

4 w. ago Cyprus’ rising tech sector drives GDP and job creation, says KPMG

Christophoros Anayiotos, Head of Deal Advisory at KPMG in Cyprus, presented the latest economic impact assessment of the island’s tech sector during the TechIsland Summit on  Thursday. According to the 2024 figures, the tech sector contributes 16 per cent of Cyprus’ total Gross Value Added (GVA), a notable increase from 12.6 per cent the previous […]

Politics