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CIFA: A Year Of Strategic Growth And Opportunity For Investment Funds In 2025

The Cyprus Investment Funds Association (CIFA) is stepping into 2025 with renewed confidence, building on the significant achievements of the past years. Despite the global uncertainties that continue to unfold, Cyprus’ Investment Funds sector has firmly established itself as a vital contributor to the nation’s economic and social prosperity.

In 2024, Cyprus reached a major milestone, surpassing €9.3 billion in assets under management. This remarkable achievement highlights the sector’s impressive growth and resilience. The year also marked an expansion of Cyprus’ global presence, attracting new fund managers and investment opportunities, further cementing its status as a leading European hub for Investment Funds. This success was driven by strategic collaborations and the dedicated efforts of professionals within the sector, fostering the creation of specialized job roles and reinforcing Cyprus’ position as a robust financial centre.

Looking ahead to 2025, CIFA remains fully committed to promoting Cyprus as the premier destination for global investment funds. By working alongside key stakeholders, including the Ministry of Finance, the Cyprus Securities and Exchange Commission, and Invest Cyprus, CIFA aims to enhance the regulatory framework and drive innovative solutions for the industry. The timely approval of pending legislation that modernizes regulatory processes and introduces new investment structures is crucial for unlocking the full potential of the sector. These updates will provide the industry with the necessary tools to stay competitive and aligned with international best practices. CIFA urges all stakeholders to prioritize this agenda to ensure Cyprus continues to attract high-quality investments and talent.

In addition, CIFA recognises the importance of equipping individuals and businesses with essential financial knowledge. In 2025, the association plans to roll out initiatives designed to boost financial literacy across Cyprus. These will include workshops, partnerships, and digital campaigns aimed at enhancing understanding of investment funds and financial planning. By empowering citizens and professionals with the knowledge to make informed financial decisions, CIFA is contributing to the long-term economic resilience of Cyprus.

Maria Panayiotou, President of CIFA, shares her outlook for the year: “The success of the Investment Funds sector is a reflection of our adaptability, innovation, and ability to thrive in a competitive global market. In 2025, our focus will be on sustainability, technology-driven solutions, and strengthening our partnerships across markets. Our goal is to drive economic growth while delivering lasting value for society. With the combined expertise and dedication of our sector, I am confident that we will continue to play a transformative role in Cyprus’ economy, fostering resilience and creating opportunities for all.”

As Cyprus embarks on a year of revitalisation and resilience, CIFA remains steadfast in advocating for the interests of its members, elevating Cyprus on the international stage, and supporting initiatives that promote sustainable development within the financial sector. The association calls on all stakeholders to collaborate in advancing the innovation, sustainability, and resilience that will define Cyprus’ financial future.

Ryanair Will Require Checked Bags To Be Dropped Off 60 Minutes Before Departure

Ryanair passengers checking luggage will need to drop off their bags at least 60 minutes before departure from 10 November, giving travellers less time to use the airline’s airport bag-drop service.

Until the change, passengers can hand over checked luggage up to 40 minutes before their scheduled departure. The new deadline will apply at all airports served by Ryanair.

More Time For Security And Passport Control

Announced in April, the policy is intended to give passengers more time to clear security and passport control, where queues can lengthen during busy travel periods. Ryanair says about 20% of its passengers check in a bag.

“This small change will give the 20% of Ryanair passengers who check in a bag more time to clear airport security and passport control queues and get to their departure gate before boarding begins,” said Dara Brady, the airline’s chief marketing officer.

Brady urged passengers using airport bag drop to arrive in good time and complete both check-in and baggage drop before the revised 60-minute cutoff.

Higher Fares And Route Cuts In Focus

The baggage deadline comes as Ryanair’s leadership warns of potential pressure on fares and capacity across Europe. Chief executive Michael O’Leary recently told Euronews that airfares could see their biggest increase in European history over the next 12 months.

O’Leary said airlines could be largely unhedged against higher jet-fuel prices from April 2027, with fare increases passed on to customers potentially reaching 20%. He also forecast that airline failures and takeovers could reduce the number of available seats.

Ryanair has also announced plans to reduce routes to Belgium, citing the country’s proposed increase in aviation tax from €2 to €7 in January 2027.

Europe’s largest airline operates bases across the continent, including its headquarters in Dublin, as well as locations in Marseille, Berlin, Athens, Milan and Barcelona.

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