Cyprus and Greece Showcase Technological Prowess at GITEX Global 2025

by THEFUTURE.TEAM

October 22, 2025

Leading the Charge in Innovation

Cyprus and Greece have successfully concluded their participation at GITEX Global 2025, one of the world’s most influential technology and innovation exhibitions. The Cyprus Information Technology Enterprises Association (CITEA) expertly coordinated both national delegations, demonstrating the dynamic growth and global competitiveness of the Eastern Mediterranean’s technology ecosystems.

Strategic Presence on the Global Stage

Hosted from October 13 to 17 at the Dubai World Trade Centre, the event attracted thousands of global investors, tech leaders, and entrepreneurs. The Cyprus Pavilion, organized by the Ministry of Energy, Commerce and Industry in partnership with the Trade Centre of the Republic of Cyprus in Dubai and supported by CITEA, brought together 14 leading Cypriot technology companies. In a parallel effort, the Greece Pavilion, officially backed by Enterprise Greece and the Federation of Hellenic ICT Enterprises (SEPE), marked its debut with five prominent Greek companies.

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Building International Partnerships

Both delegations capitalized on high-value networking opportunities with international organizations and innovative firms, underscoring the potential for new partnerships and cross-border collaboration. CITEA’s pivotal role in coordinating activities ensured that the delegations not only maintained cohesion but also maximized visibility on the global stage.

Endorsements From Industry Leaders

The gathering was further highlighted by the presence of leading officials. The Cyprus Pavilion welcomed Minister of Energy, George Papanastasiou, Chief Scientist of the Republic of Cyprus, Demetris Skourides, and Ambassador of Cyprus to the UAE, Meropi Christophi. The Minister emphasized the integral role of innovation and technology in Cyprus’ strategic development, while Skourides lauded the exceptional expertise of Cypriot companies. Ambassador Christophi also expressed strong support for the national mission, which effectively showcased Cyprus and Greece’s professional and positive representation in the United Arab Emirates.

Looking Ahead

On behalf of CITEA, gratitude was extended to all supporters and participants. This impressive display of innovation and collaboration at GITEX Global 2025 reinforces the position of Cyprus and Greece as emerging hubs of digital advancement, prepared to play influential roles on the international stage.

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Cyprus Hits Historic Tourism Peak As Overtourism Risks Mount

by THEFUTURE.TEAM

February 13, 2026

Record-Breaking Performance In Tourism

Cyprus’ tourism sector achieved unprecedented success in 2025 with record-breaking arrivals and revenues. According to Eurobank analyst Konstantinos Vrachimis, the island’s performance was underpinned by solid real income growth and enhanced market diversification.

Robust Growth In Arrivals And Revenues

Total tourist arrivals reached 4.5 million in 2025, rising 12.2% from 4 million in 2024, with momentum sustained through the final quarter. Tourism receipts for the January–November period climbed to €3.6 billion, marking a 15.3% year-on-year increase that exceeded inflation. The improvement was not driven by volume alone. Average expenditure per visitor increased by 4.6%, while daily spending rose by 9.2%, indicating stronger purchasing power and higher-value tourism activity.

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Economic Impact And Diversification Of Source Markets

The stronger performance translated into tangible gains for the broader services economy, lifting real tourism-related income and overall sector turnover. Demand patterns are also shifting. While the United Kingdom remains Cyprus’ largest source market, its relative share has moderated as arrivals from Israel, Germany, Italy, the Czech Republic, the Netherlands, Austria, and Poland have expanded. This gradual diversification reduces dependency on a single market and strengthens resilience against external shocks.

Enhanced Air Connectivity And Seasonal Dynamics

Air connectivity has improved markedly in 2025, with flight volumes expanding substantially compared to 2019. This expansion is driven by increased airline capacity, enhanced route coverage, and more frequent flights, supporting demand during shoulder seasons and reducing overreliance on peak-month flows. Seasonal patterns remain prominent, with arrivals building through the spring and peaking in summer, thereby bolstering employment, fiscal receipts, and corporate earnings across hospitality, transport, and retail sectors.

Structural Risks And Future Considerations

Despite strong headline figures, structural challenges remain. The European Commission’s EU Tourism Dashboard highlights tourism intensity, seasonality, and market concentration as key risk indicators. Cyprus records a high ratio of overnight stays relative to its resident population, signalling potential overtourism pressures. Continued reliance on a limited group of origin markets also exposes the sector to geopolitical uncertainty and sudden demand swings. Seasonal peaks place additional strain on infrastructure, housing availability, labour supply, and natural resources, particularly water.

Strategic Investment And Market Resilience

Vrachimis concludes that sustained growth will depend on targeted investment, product upgrading, and continued market diversification. Strengthening year-round offerings, improving infrastructure capacity, and promoting higher-value experiences can help balance demand while preserving long-term competitiveness. These measures are essential not only to manage overtourism risks but also to ensure tourism remains a stable pillar of Cyprus’ economic development.

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