The 14th Invest Cyprus International Investment Awards are due to take place on Thursday, July 9, at the Hilton Nicosia to recognise foreign companies that have made significant contributions to the national economy and society.

Cyprus’ industrial sector generated higher value added and recorded a modest increase in employment during 2024, according to figures released by the Cyprus Statistical Service (Cystat), with manufacturing remaining the main driver of growth.

Cyprus recorded a sharp increase in building activity during the first quarter of 2026, with the state statistical service (Cystat) reporting that the number of building permits issued rose by a whopping 44.1 per cent compared with the same period last year.

Telecommunications provider Cyta has signed an agreement to acquire the RedMax Data Centre in the Latsia Industrial Area, marking a strategic investment aimed at expanding Cyprus’ digital infrastructure and strengthening the country’s position as a regional data hub.

At ServPRO, we believe that professional advisers should do more than provide compliance services. We see our role as helping businesses grow, navigate challenges, access opportunities and build sustainable foundations for long-term success.

We are proud to introduce the new ServPRO website — a space built to reflect who we are, what we stand for, and the standard of service you have always known us by.

Elias Neocleous & Co LLC is proud to announce that Partner Nicolas Tsardellis has been elected Chair of the Finance Committee of the Council of Bars and Law Societies of Europe (CCBE).

Cyprus shipping further strengthened its position as one of the island’s most important economic sectors in 2025, contributing around 7 per cent of GDP, approximately €1.9 billion, according to the Cyprus Shipping Chamber’s (CSC) annual report. 

Antonis Glykis, Partner at Elias Neocleous & Co LLC, and Nicolas Tsardellis, Partner at Elias Neocleous & Co LLC and Vice President of the Cyprus Bar Association, will serve as moderators at the 1st Interdisciplinary Conference on Law and Medicine: Developments in Health Law in Cyprus, jointly organised by the Cyprus Bar Association and the Cyprus Medical Association, on 11 June 2026 at the Landmark Hotel Nicosia.

Over the last couple of weeks, members of the Patrikios Legal team swapped meeting rooms for padel courts, enjoying times of friendly competition, plenty of laughs and great team spirit.