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The government on Friday presented its new strategy for attracting businesses to Cyprus with emphasis, among others, on high technology, shipping, innovation, and research and development, in a bid to turn the island into a business and trade centre in the wider region and Europe.
Cyprus is already on the technology map but aspires to become a regional hub for science and tech companies, said Deputy Minister of Research, Innovation and Digital Policy Kyriacos Kokkinos.
The Cyprus-Egypt memorandum of understanding on cross-border electrical interconnections marks an “important milestone” to promote regional collaboration in the field of energy between the two countries, Energy Minister Natasa Pilidou said on Saturday.
We see great opportunities in cyber insurance – providing coverage for loss of data and privacy protection. This new market is expected to grow exponentially in the next few years within the local economy.