Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength and its importance to the island’s economic performance.

The presence of American multinational energy corporation Chevron in Cyprus’ maritime exclusive economic zone (EEZ) constitutes a “vote of confidence” in the energy potential of both Cyprus and Europe, President Nikos Christodoulides said on Monday.

Cyprus stepped onto one of the world’s largest maritime stages this month, making its debut with a national pavilion at MARINTEC China 2025, as the government stepped up efforts to promote the country’s shipping and maritime technology sector internationally.

We are happy to share that our colleagues Joseph Evangelou, Sophia Christodoulou, and Marilia Pavlou, recently attended the Cyprus FinTech Summit 2025 which took place in Limassol between 2-3 December, held by the industry’s leading innovators and thought-leaders. The Summit brings together fintech startups, established financial institutions, regulators, tech enthusiasts, and legal experts to explore emerging trends and challenges in financial technology, digital banking, fintech regulation and innovation.

Today, the festive spirit arrived at our office in the most joyful way. We had the pleasure of welcoming a wonderful group of students from the 9th Lyceum of Agios Antonios, who filled our workspace with the sounds of traditional Christmas carols and uplifting holiday cheer.

We are excited to share that Partner Katerina Philippidou and Associates Stavroulla Nicolaou and Sophia Christodoulou have contributed the Cyprus chapter on Restructuring & Insolvency to Lexology Panoramic, a leading global comparative guide.

After a period of global uncertainty and economic adjustment, Cyprus is entering 2026 with renewed optimism. The latest labour market figures for the first quarter offer a strong signal that the country’s economy is not only recovering but gaining meaningful momentum. With more people in work, fewer unemployed, and key sectors showing signs of expansion, the tone is set for what could be a transformative year for the world of work in Cyprus.

On Saturday, 22 November 2025, the annual charity event Wish for the Stars – Bands Edition lit up Monte Caputo, Limassol, bringing together hundreds of supporters for an unforgettable evening dedicated to giving back. As one of the co-organisers of this remarkable initiative, Patrikios Legal is proud to share the resounding success of this year’s event.

We are delighted to share that our Partner-Head of International Disputes Marina Hadjisoteriou is participating as a speaker at the International Women’s Insolvency & Restructuring Confederation (IWIRC) Europe 2025 Annual Conference, taking place on 21 November 2025 in the vibrant city of Rome. This revolutionary event brings together leading restructuring, insolvency, and disputes professionals from across Europe for a day of high-level dialogue and meaningful networking.

Ushering in a new era of regulatory clarity for Cyprus’ burgeoning funds sector, the Cypriot House of Representatives passed the Investment Funds Administrators Law (L.101(I)/2025) on 29 May 2025. Published in the Official Gazette on 18 June 2025, the law establishes a standalone licensing and supervisory framework for fund administration companies – a sector previously governed by broader fund manager rules. By aligning Cyprus with leading EU standards and requiring administrators to meet stringent capital, governance and compliance obligations, the legislation underscores the jurisdiction’s commitment to investor protection and operational excellence.