Cyprus: India’s Strategic Gateway to Europe Strengthened With Modi’s Visit

by News Editor

June 16, 2025

In a significant development for international relations, Cyprus is emerging as a pivotal link between India and Europe, with President Nikos Christodoulides emphasizing its role as a ‘gateway’. During a recent visit by India’s Prime Minister, Narendra Modi, this strategic partnership was highlighted as both nations seek to bolster ties in various sectors such as technology, defense, and trade.

Both leaders underscored their commitment to a robust partnership that extends into economic and regional security domains. A joint declaration is on the table to enhance collaboration, aligning Cyprus as a stable ally in the Eastern Mediterranean.

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President Christodoulides expressed gratitude for India’s support regarding the Cyprus issue, while Prime Minister Modi reciprocated by recognizing Cyprus as a ‘reliable partner’ in international arenas.

Interestingly, during the Limassol Business Forum, where business moguls from both countries gathered, discussions about investment opportunities made it evident that Cyprus ranks eighth as a foreign investor in India.

Meanwhile, in celebration of the deepening ties, Modi was awarded the Grand Cross of the Order of Makarios III—an honor symbolizing the enduring friendship and common values shared by both countries. This accolade further sets the stage for future cooperation.

This historical visit by an Indian Prime Minister to Cyprus in over two decades marks a new chapter in bilateral relations, promising enhanced collaboration and mutual growth.

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CSE Reports March Market Shares As Argus Tops With 30.83%

by THEFUTURE.TEAM

April 7, 2026

Overview

Cyprus Stock Exchange (CSE) reported €31.50 million in share transactions for March 2026, including €11.24 million in pre-agreed trades. Data also cover the first quarter, with total transactions reaching €86.06 million across January to March.

Detailed Market Analysis

CSE provides market share calculations both including and excluding pre-agreed transactions. March figures incorporate these trades, while separate data sets highlight activity without them. Such differentiation reflects varying trading dynamics and offers a clearer view of market structure. Bond values are excluded from percentage calculations.

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Quarterly Performance Metrics

Figures for the January–March period show how market shares shift depending on the calculation methodology. Year-to-date data provide a broader perspective on member activity across the exchange. Inclusion or exclusion of pre-agreed transactions affects comparative positioning. These metrics are used to assess overall performance trends.

Key Participant Performance

Argus Stockbrokers Ltd recorded a 30.83% market share in March, with transactions totaling €9.71 million, placing it first for the month. CISCO Ltd held a 24.54% share in March and ranked first for the quarter with 26.19%. Mega Equity Financial Services Ltd followed with 18.31% in March and 24.08% across the quarter. Additional participants included Eurobank EFG Equities with 8.04% and Atlantic Securities Ltd with 7.46%, contributing to overall market activity.

Aggregate Trading Volumes

Pre-agreed transactions accounted for €11.24 million of March’s total turnover. Overall trading value reached €86.06 million for the first quarter. These figures reflect both negotiated and regular market activity, providing a fuller picture of trading volumes.

Conclusion

CSE data outline the distribution of market shares and transaction volumes across members. Distinctions between pre-agreed and regular trades highlight differences in activity patterns. Reported figures provide a basis for evaluating market structure and participant performance.

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