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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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Paphos Extends Domestic Tourism Campaign After Reaching 335,000 Visitors

by THEFUTURE.TEAM

August 25, 2026

Etap Paphos is extending its domestic tourism campaign until mid-November after reaching more than 335,000 potential visitors across Cyprus during the May-August period.

Campaign Reaches 2.6 Million Impressions

The campaign generated more than 2.6 million impressions and 882,000 interactions between May and August, according to Etap Paphos. The initiative aims to encourage Cyprus residents to visit the district for short breaks and weekend trips outside the peak summer season.

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Promotional content has focused on Paphos’ beaches, natural areas, gastronomy, events and outdoor activities, mainly through Facebook and Instagram. Online competitions also attracted more than 85,000 participants.

Polis Chrysochous And Akamas In Focus

Two campaigns have focused specifically on Polis Chrysochous and the Akamas peninsula. Promotional material has highlighted their beaches, natural landscapes and rural setting, with an emphasis on visits outside the busiest summer months.

Campaign Shifts To Autumn Getaways

The extended campaign will promote short autumn trips for couples, solo travellers and families. Etap Paphos is also highlighting local food, nature trails, outdoor activities, events and festivals across the district.

“The coming months provide the perfect opportunity for rejuvenating seaside escapes,” the tourism board said, while also pointing to events and festivals taking place across Paphos.

Focus On Year-Round Tourism

Etap Paphos said the campaign is intended to support businesses and tourism professionals across the district by extending domestic demand beyond the traditional summer season.

The November extension will continue promoting Paphos’ coastline, countryside, gastronomy and outdoor activities as attractions for Cyprus residents during the autumn period.