Cyprus Profile - Cyprus' Trade & Investment Business Portal


Research & Development

With world-class scientists and a rapidly growing number of innovative start-ups, Cyprus is producing new pioneers of the R&D frontier.

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Alex Mouradian

Alex Mouradian

Sales Director Hellas, Cyprus & Malta, SAP Cyprus Ltd

Investing in innovative solutions will allow Cyprus based companies to significantly increase the levels of automation and free up its talent to focus on high value add tasks, says SAP Cyprus Sales Director Hellas, Cyprus & Malta, Alex Mouradian.

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Editors Choice
Cyprus: A Growing International Education Hub

Cyprus: A Growing International Education Hub

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Latest Insights
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  • For Cyprus to enhance its competitiveness and produce growth, it is vital to develop digital policies that will be conducive to investment plans and greater innovation. To maintain its longstanding edge over competition, also Cyta is re-inventing its commercial strategy and investing in large infrastructure projects, says new Cyta CEO Andreas Neocleous.

  • For the last decade, the Cyprus investment promotion agency Invest Cyprus has forged ahead with its mission to promote Cyprus as an investment destination with the country attracting billions in fresh FDI in the last five years.

  • In 2019, sectors such as Digital Innovation, Data & Analytics, Cyber Security and Fintech will help the profession grow further. In addition, new service offerings such as wealth management, funds and fund management and licensing will continue to grow, says Christos Vasiliou, Managing Director of KPMG in Cyprus.

  • So far, the professional services sector continues to experience steady growth. The development of new business sectors linked mainly to technology, as well as the attraction of foreign investment for major infrastructure projects and the upcoming oil and gas industry, reinforce our sector, says Deloitte’s CEO Mr. Christis Christoforou.

Country Overview

An Island Transformed

Cyprus is going through exciting times of growth and development thanks to a renewed boost in confidence with foreign investors flocking back to its shores, attracted by the improved economic climate, large-scale projects and bourgeoning prospects in the real estate, investment fund and energy sectors.

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  • Cyprus at a Glance

    Key facts and figures about the country, geography, people, government and economy plus 2018 public holidays.

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  • Country & People

    Vibrant business centres and tranquil villages; traditional values and cosmopolitan lifestyle; sun-kissed beaches, fertile valleys and snowy mountains: Cyprus is a land of contrasts with many faces.

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  • Economy Overview

    Overcoming the challenges of recent years, Cyprus has continued on a solid growth path and maintained its status as one of the fastest growing eurozone economies.

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  • Foreign Direct Investment

    Cyprus has regained its status as a serious contender amongst European FDI destinations thanks to its rapid economic turn- around and advantageous business operating environment.

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Cyprus Investment Funds Guide 2018

Cover of Country Report 2017

Sign up to download the Cyprus Investment Funds Guide and to receive news and industry insights on key business developments in Cyprus.

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Cyprus Connect

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