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Cyprus Emerges as Strategic Gateway for Investment And Trade

by THEFUTURE.TEAM

November 13, 2025

Cyprus is positioning itself as a pivotal conduit for investments between Europe and the wider Middle East, underscoring its strategic value on the global stage. At the 3rd Greece–Cyprus Intergovernmental Summit in Athens, President Nikos Christodoulides reaffirmed the nation’s commitment to enhancing trade and investment ties, emphasizing that Cyprus serves as a gateway not only for European markets but also for key international regions.

Strengthening Regional Partnerships

Highlighting the importance of robust regional collaboration, President Christodoulides pointed to the substantial business opportunities between Cyprus and Greece—its largest trading partner. “The business prospects between Greece and Cyprus are enormous,” he noted, stressing the need to fully exploit these synergies in tandem with the country’s incoming Presidency of the Council of the European Union. Further expanding the dialogue, the president referenced increased interest from Indian enterprises following Prime Minister Modi’s recent visit, positioning Cyprus as an attractive entry point for global markets.

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Robust Domestic Economy And Strategic Policy Initiatives

President Christodoulides also highlighted Cyprus’ impressive economic fundamentals, noting that the nation is among the top performers in the Eurozone. With an unemployment rate reminiscent of pre-2008 levels and a public debt kept below 60 percent, Cyprus has regained its investment-grade “A” status for the first time since 2011. This fiscal discipline, bolstered by a comprehensive tax reform designed to foster productive activity and attract further investment, reflects the government’s commitment to sustainable growth and long-term competitiveness.

Navigating Global Economic Challenges

In a broader context, government officials, including Deputy Minister to the President Irene Piki, assessed the shifting paradigm of international trade. Their analysis underscored the growing influence of protectionist policies, evolving supply chain dynamics, and the pressures of the green transition. The decision by the EU Council to postpone the Emissions Trading System for buildings and road transport (ETS2) by one year was applauded as a practical measure aimed at preserving economic competitiveness and shielding households from undue impact.

A Vision For Resilience And Innovation

President Christodoulides concluded by reiterating that the strengthened ties between Greece and Cyprus are essential not only for boosting bilateral trade but also for reinforcing resilience against emerging challenges, from climate change to technological disruption. With a focus on innovation, social cohesion, and sustainable economic strategies, Cyprus is charting a course that promises enduring value for its citizens and a competitive edge in a rapidly evolving global landscape.

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Bird Aviation Signs Long-Term EasyJet Maintenance Deal In Cyprus

Bird Aviation has signed a long-term agreement with easyJet to provide scheduled aircraft maintenance services at its Larnaca facilities, expanding the companies’ existing partnership and securing maintenance work in Cyprus for at least seven years.

Seven-Year Maintenance Agreement

The agreement runs for an initial seven years, with an option to extend for a further three years, Bird Aviation said.

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Under the contract, the company will operate two maintenance lines dedicated to scheduled heavy maintenance checks for easyJet’s Airbus A320 family aircraft. All work will be carried out at Bird Aviation’s facilities in Larnaca.

Expanding An Existing Partnership

Bird Aviation said the agreement builds on its long-standing relationship with easyJet and provides a long-term framework for heavy maintenance services. The company added that the contract strengthens the role of its Larnaca base in supporting easyJet’s fleet maintenance programme.

EasyJet Reports Lower Profit

The agreement comes as easyJet faces a more challenging operating environment. The airline recently reported that pre-tax profit fell 70% to £85 million in the April-to-June quarter, compared with £286 million a year earlier, largely because of a £105 million increase in fuel costs following renewed conflict in the Middle East.

The airline also said customers are booking flights closer to departure, affecting the timing of revenue. However, booking trends have improved during the peak summer season, although easyJet said the outlook remains dependent on late-season demand and fuel prices.

Takeover Bid And Industry Challenges

EasyJet is also the subject of competing takeover bids from two U.S. investment firms. The board initially accepted a £5.5 billion offer from Castlelake before recommending Apollo Global Management’s higher £5.7 billion proposal. Any transaction could face scrutiny under European Union airline ownership rules.

Meanwhile, Ryanair also reported weaker earnings, with quarterly profit falling 34% to €538 million after higher jet fuel costs during the Iran conflict. Despite the higher costs, both airlines said demand strengthened during the summer travel season.

“Pricing has been attractive, driving strong late booking demand for our flights and holidays,” easyJet chief executive Kenton Jarvis said.

“Our recent experience is that bookings become strong in the month of departure,” he said. “So I expect that as we move through August, bookings will be above where they were at this time last year.”