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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.

Chisinau-Larnaca Passenger Traffic Jumps 192% In 2025

Passenger traffic between Chisinau and Larnaca nearly tripled in 2025, reflecting a sharp increase in demand for direct travel between Moldova and Cyprus.

According to figures from Moldova’s Civil Aviation Authority, 78,912 passengers travelled on the Chisinau-Larnaca route last year, compared with 26,988 in 2024. The increase of 51,924 passengers represented growth of 192.4%.

SkyUp Extends Larnaca Service Into 2027

The strong performance comes as SkyUp Airlines prepares to continue its direct service between the two cities. Tickets are already on sale for the 2027 summer season, with flights scheduled from March 26 to October 30.

SkyUp said the route will provide direct connectivity for tourists and business travellers, as well as people visiting friends and relatives in Cyprus and Moldova.

“We are particularly pleased to resume direct flights between Larnaca and Chisinau in the summer season of 2027, offering passengers a convenient way to travel between Cyprus and Moldova,” SkyUp CEO Dmytro Sieroukhov said.

The Larnaca route is part of SkyUp’s wider summer 2027 programme from Chisinau, covering 26 destinations in 11 countries. The programme includes more than 10 new routes, among them Vienna, Milan Bergamo, Prague, Dusseldorf, Nuremberg, Paris Charles de Gaulle, Rhodes, Batumi, Pula and Split.

Route Growth Outpaces Chisinau Airport

Traffic on the Cyprus route grew significantly faster than passenger numbers at Chisinau International Airport as a whole. Airport traffic increased 46.8% in 2025 to a record 6.08 million passengers, up from 4.14 million in 2024.

SkyUp began operating scheduled services from Moldova in April 2025. During its first year, the airline said it carried more than three million passengers and operated almost 20,000 flights across its network.

The sharp rise in Chisinau-Larnaca traffic, combined with the continuation of the route into 2027, points to stronger air connectivity between Cyprus and Moldova and growing demand for direct travel between the two markets.

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