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CIBA And Invest Cyprus Sign MoU To Coordinate Investment Promotion

by THEFUTURE.TEAM

April 9, 2026

Cyprus International Businesses Association (CIBA) and Invest Cyprus (CIPA) signed a memorandum of understanding to coordinate efforts in attracting foreign investment. The agreement outlines cooperation between the two organisations on investment promotion and investor support.

Strategic Objectives

The memorandum includes coordination on sharing investment-related information, organising joint events and business missions, and supporting existing and prospective investors. Access to information on investment opportunities, regulatory developments, and available incentives is expected to improve under the initiative.

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Coordinated Collaboration For Enhanced Competitiveness

Cooperation also covers knowledge-sharing, technical coordination, and joint international initiatives. Vasilis Demetriades, President of CIBA, said the partnership is intended to align the international business community with national investment efforts. He added that the initiative focuses on improving transparency and competitiveness.

Unified Approach To Driving Investment

Invest Cyprus Chief Executive Marios Tannousis said the memorandum will strengthen engagement with the international business community and improve understanding of investor needs. He added that the agreement supports a more coordinated approach to attracting new investment and expanding existing operations.

The collaboration reflects a joint public-private framework aimed at supporting investors throughout the full investment cycle, from initial interest to long-term growth.

In tandem with the agreement, CIBA and Invest Cyprus co-hosted an event titled “FDI & Omnibus: Driving Cyprus’s Competitive Edge in the EU Legal Landscape” at the end of March. The event brought together stakeholders to discuss regulatory developments and investment conditions within the European Union.

Discussions focused on how Cyprus can adapt to changes in EU legislation while maintaining its position as an investment destination, as well as the role of coordinated initiatives in supporting investment flows.

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Starbucks Wins ‘Best Workplace / Employer Of Choice At The 18th IN Business Awards

by News Editor

May 26, 2026

Starbucks was recently awarded the ‘Best Workplace / Employer of Choice’ award at the 18th IN Business Awards in Greece — a recognition that reflects the company’s philosophy and its ongoing investment in its people.

This distinction confirms Starbucks’ commitment to creating a work environment defined by respect, collaboration, inclusivity, and equal opportunities for all. Starbucks consistently fosters a culture that encourages growth, authenticity, and participation since people are always at the center.

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“At Starbucks, our success is rooted in our people. This recognition is a testament to our team’s dedication to nurturing a space where everyone can express themselves, grow equally, and deliver exceptional experiences to our customers,” said Pambis Anastasis — District Manager of Starbucks, who received the award.

Through modern development and employee support practices, Starbucks meaningfully invests in the continuous training and empowerment of its workforce, offering learning opportunities, mentorship, and career advancement at every stage of their journey.

The company also promotes an inclusive workplace where every employee feels a sense of belonging, can express themselves freely, and grow equally. This approach is a core element of Starbucks’ identity and is reflected both in the company’s internal culture, and in the experience it delivers to customers.

Winning at the prestigious IN Business Awards is a great honor for Starbucks and serves as a strong affirmation that its people are always at the heart of every step it takes.