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Cyprus Industrial Production Index Sees Steady Growth in June 2025 Amid Sectoral Shifts

by THEFUTURE.TEAM

August 29, 2025

Overview Of June 2025 Performance

According to the latest data from the Cyprus Statistical Service, the Industrial Production Index reached 115.9 units in June 2025, using 2021 as the base year. This figure represents a 0.8% annual increase over June 2024, while the first half of 2025 has recorded a cumulative rise of 3% when compared to the same period last year. The index, which is benchmarked against the average monthly production of 2021, indicates that production levels in June 2025 were 15.9% above the reference level.

Sectoral Shifts And Growth Dynamics

The manufacturing industry was a key contributor to this growth, registering a 4% increase over the previous year. Notably, the production of other non-metallic mineral products surged by 12.9%, while rubber and plastic products, as well as electronic and optical products alongside electrical equipment, climbed by 10.5% and 8.7% respectively. Wood and cork products, excluding furniture, also experienced solid gains of 8.3%.

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Conversely, sectors like textiles, wearing apparel, and leather products, as well as paper and paper products including printing, faced notable declines, each falling by 9.4%. The electricity supply sector was not immune, suffering a significant drop of 18.2%.

Extended Trends Through The First Half Of 2025

Analyzed from January to June 2025, manufacturing segments such as electronic and optical products, and electrical equipment, led the recovery with a 12.7% increase, while water collection, treatment, and supply grew by 9.6%. Additionally, sectors like other non-metallic mineral products, mining and quarrying, and wood and cork products continued to expand with gains of 9.0%, 8.2%, and 7.8% respectively.

However, certain sectors exhibited deceleration. Manufacturing segments related to paper products and textiles, as well as activities in refined petroleum products, chemicals, chemical products, and pharmaceuticals, experienced subtle declines ranging from 1.3% to 13.5%. Furthermore, machinery and equipment, motor vehicles, and other transport equipment dropped by 1%, rounding out a mixed picture of sectoral performance.

Conclusion

The June 2025 figures underscore a landscape of steady overall growth in Cyprus’s industrial production, coupled with divergent trends across sectors. While manufacturing continues to drive expansion, notable contrasts in performance highlight the complex interplay of market forces within diverse industries. Decision-makers and industry observers will be closely monitoring these shifts as they inform strategic planning in an evolving economic environment.

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FinTech’s Dominance In MENA: Three Strategic Drivers Behind Unyielding VC Success

by THEFUTURE.TEAM

September 11, 2025

Despite facing tightening global liquidity and macroeconomic headwinds, the FinTech sector continues to assert its leadership in the MENA region. In the first half of 2025, FinTech emerged as the most resilient and appealing arena for venture capital investments, proving its worth as a catalyst for financial innovation and inclusion.

Addressing Structural Financial Gaps

In many parts of MENA, a significant proportion of the population remains underbanked and underserved by traditional financial institutions. FinTech companies are uniquely positioned to address these persistent challenges by bridging critical access gaps and driving financial inclusion. With the proliferation of payment apps, digital wallets, and micro-lending platforms, investors have witnessed firsthand how these solutions pave the way for scalable growth and eventual exits. Early-stage momentum in the region is underscored by a doubling of pre-seed deals year-over-year, reinforcing the sector’s capacity for rapid innovation and sustainable expansion.

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Highly Scalable and Replicable Business Models

One of the key factors behind FinTech’s dominance is the inherent scalability of its business models. Once the necessary infrastructure and regulatory approvals are in place, these models have demonstrated robust performance across borders. The first half of 2025 saw a marked acceleration in deal activity, with payment solutions leading the charge with 28 deals in MENA—a significant increase over the previous year. Lending platforms, in particular, experienced a meteoric 500% year-over-year increase in funding, emerging as the fastest-growing subindustry. Such replicability makes FinTech an attractive proposition for investors seeking high-growth opportunities in diverse markets.

Supportive Regulatory And Government Backing

The strategic support offered by key government initiatives in the UAE and Saudi Arabia has been instrumental in propelling the FinTech sector forward. Progressive frameworks, such as the UAE’s open finance and digital asset directives, coupled with Saudi Arabia’s live-testing sandboxes, have materially lowered entry barriers for startups. These measures not only foster innovation but also streamline the path to commercialization. Consequently, the combined efforts of these regulatory bodies have enabled the UAE and Saudi Arabia to account for 86% of MENA’s total FinTech funding in H1 2025.

The resilience of FinTech in MENA is not merely a reflection of contemporary market trends—it signals a fundamental shift in the region’s economic fabric. With an unwavering commitment to addressing real financial challenges, scalable and replicable business practices, and robust regulatory support, FinTech is setting the benchmark for sustainable innovation. As capital markets become increasingly discerning, this sector stands out as a beacon of long-term growth and transformative impact.