Cyprus has broken into Europe’s ten largest video game industries by revenue, with more than 400 companies on the island generating an estimated €3.2 billion from games in 2025.

We are delighted to announce that Elias Neocleous & Co LLC (ENC) has once again been recognised by India Business Law Journal (IBLJ) as one of the world's leading foreign law firms for India-related legal work in its 2026 report.

The District Court of Paphos has issued a significant judgment declaring a forged power of attorney void ab initio and annulling the transfers of 23 high-value properties that had been effected on the basis of that document.

THIRD BUILDING COMPLETES LANDMARK INVESTMENT WITH INTERNATIONAL REACH

The Deputy Ministry of Tourism recently launched a public consultation on Cyprus’ National Strategy for the Development of Diving Tourism, inviting stakeholders and the public to submit feedback before the strategy is finalised.

The European Union has spent the last decade reshaping the digital regulatory landscape through landmark legislation such as the General Data Protection Regulation (GDPR) and the AI Act. The European Health Data Space (EHDS) Regulation is the next significant step in that evolution. While often described as a healthcare initiative, the EHDS is at its core a data governance framework designed to unlock the value of electronic health data while safeguarding fundamental rights and promoting innovation.

The Bank of Cyprus is expected to deliver another strong quarter, with analysts forecasting robust profitability and the potential for generous shareholder distributions, as Greek and Cypriot banks continue to benefit from credit expansion, resilient interest income and rising fee revenue.

Aircraft maintenance firm Bird Aviation announced on Wednesday that it has signed a long-term agreement with low-cost airline easyJet to provide scheduled aircraft maintenance services at its facilities in Larnaca, strengthening Cyprus’ position as a regional aviation maintenance hub.

The Cyprus Shipping Association (CSA) has welcomed the revision of the European framework for the green transition in shipping, saying it represents a significant opportunity for Cyprus to accelerate investment in modern port infrastructure and further strengthen the competitiveness of its maritime sector.

We successfully acted in proceedings leading to two landmark judgments concerning the recognition and enforcement in Cyprus of an LCIA Final Award exceeding USD 1.5 billion and a separate LCIA Costs Award exceeding GBP 3 million.