Articles in English
The last few years the island has been making significant strides in its quest to becoming a source of internationally relevant, disruptive, scalable innovation. The evidence shows an upwards trend in fundable» innovation and the momentum within the ecosystem is pointing toward specific areas of potential interest. It will attract more private, institutional and corporate venture capital. This also changes the role and the range of activities of investment funds in Cyprus. Philip Ammerman moderated this session with three seasoned…
What improvements and changes have to be made to transform Cyprus «into Singapore of the Mediterranean»? Petr Valov CEO of Exness mentioned this term (introduced by Cyprus president George Vassiliou in the 80s) during the discussion of BEST INVEST Congress. Four panelists shared their opinions. Challenges, risks, and strategy Marios Demetriades, former minister of transport, communications, and public works told participants that the government had been addressing some of the issues and admitted that much more needs to be done.…
This article will cover the development related to blockchain and cryptocurrency in Cyprus. It is written based on the keynote speech delivered at the Best Invest Congress by financial expert, former chairwoman of Cyprus Securities and Exchange Commission Demetra Kalogerou. Key factors of the economic growth Innovation and digital technology are key factors in economic growth, that is why we must actively support new products and services, which are based on fintech – especially those that can contribute to financing…
The 2022 edition of Reflect Festival took over Limassol, with more than 5000 people wearing the "Doers United" badges walking the Old Town's streets. The country's biggest and most impactful tech event shows no signs of slowing down, gathering more than 120 speakers and offering world-class stages and a diverse 4-day networking program. Beyond that, Reflect proved to be a meeting spot for entrepreneurs, startups, and investors from the entire region, solidifying its position as an internationally renowned tech event.…
IT companies are relocating to the island. But is the country prepared for this influx of new businesses and people? And what does the government have to do in order not to miss this big chance to become a New Tech Industry hot destination? These were the main questions asked during the second session of the Best Invest Congress held in Limassol in October. The session, entitled «Cyprus: a Fast Growing Global Tech Hub», brought together expat business leaders already…
Prospects of investments in traditional and renewable sources of energy were discussed during the first session of the Best Invest Congress that was held in Limassol on October 17. The discussion on energy issues was moderated by Iacovos Ghalanos, Cyprus’ KPMG COO. Other experts participating included: former Cyprus’ Minister of Energy Yiorgos Lakkotripis, Imperio Group co-founder Yiannis Misirlis, former DEFA and ETYFA Chairman Symeon Kassianides, Cyprus Hydrocarbon Company (CHC) Board member and Natural Gas Engineering Programme Director Panos Papanastasiou and…
The future of the global and Cyprus’ economy was the first topic at the opening session of the Best Invest Congress at Limassol’s Four Seasons Hotel. The keynote address opening the Congress dealt with recent developments in the Cyprus’ and global economy and was delivered by Evgenios Evgeniou, Chairman of Invest Cyprus. Highlighting the current difficulties of the global economy, Evgeniou declared that Cyprus «is again proving to be resilient». Despite the impact of the pandemic and the war in…