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Cyprus Launches Business Support Centre to Accelerate Investment Processes

by THEFUTURE.TEAM

December 17, 2025

Streamlining Business and Government Relations

Cyprus has inaugurated a new Business Support Centre designed to serve local and international investors seeking to establish or expand their operations on the island. In a move intended to drive economic efficiency, the Centre offers a centralized interface for all business-government interactions.

Enhancing Efficiency and Reducing Bureaucracy

Originally announced by President Nikos Christodoulides in December 2024, the Centre officially opened its doors in May 2025. Its primary objective is to expedite government responses and remedy long-standing bottlenecks in business licensing and development procedures. The initiative has received strong backing from the Employers and Industrialists Federation (OEV), which recently hosted an information session to detail the Centre’s comprehensive services.

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A One-Stop Shop for Investor Needs

The Business Support Centre consolidates key public services under one roof, including the Business Facilitation Unit of the Ministry of Energy and the strategic developments unit of the Department of Town Planning and Housing. Coordinated through designated contact points from various public institutions and enhanced by participation from Invest Cyprus, the Centre provides tailored guidance in investment licensing, registration, and strategic project facilitation.

Digital Integration and Comprehensive Support

Beyond streamlining licensing, the Centre operates as a full-service digital platform covering every phase of a business lifecycle—from initial planning and startup, to scaling operations, accessing finance, and strategizing exits. Investors benefit from detailed regulatory guidance, including procedures related to regulated activities across sectors such as agriculture, education, construction, health, tourism, and cross-border services.

Focus on Strategic Developments and Accelerated Investments

Priority is given to projects that have secured state or European funding, along with initiatives in renewable energy, energy storage, and critical network infrastructure. In adherence with the Ten-Year Transmission System Development Programme (TYNDP) and strategic development laws, the Business Support Centre facilitates fast-track processing for key projects. Additionally, it provides guidance on the Register of Foreign Interest Companies, ensuring companies meet eligibility criteria such as a minimum investment requirement of €200,000 and maintaining independent office premises in Cyprus.

By consolidating services and modernizing procedures, the Business Support Centre is poised to enhance Cyprus’ competitiveness on the global stage, offering a robust model for investor support and regulatory efficiency.

The Future Forbes Realty Global Properties

Rolls-Royce Raises Guidance As Defense And Power Systems Drive Growth

Rolls-Royce raised its full-year profit and cash flow guidance after reporting stronger-than-expected first-half results, supported by growth across its civil aerospace, defense and power systems businesses.

Underlying operating profit rose 46% year on year to £2.5 billion ($3.3 billion) in the first six months of 2026, while revenue increased more than 24% to £11.3 billion.

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The company now expects full-year underlying operating profit of £4.7 billion to £4.9 billion, up from previous guidance of £4 billion to £4.2 billion. It also raised its free cash flow forecast to £3.8 billion to £4 billion, compared with £3.6 billion to £3.8 billion previously.

Shares rose as much as 6% in early trading before paring gains to trade about 4% higher.

Data Center Demand Supports Power Systems

Chief Financial Officer Helen McCabe told CNBC that orders in Rolls-Royce’s data center power business increased by more than 50% in the first half as operators invested in backup and on-site power systems.

The company has benefited from growing demand for power infrastructure as data center operators expand capacity.

Defense Spending Provides Additional Support

McCabe also said Rolls-Royce expects to benefit from higher defense spending in the U.K. and across NATO countries. She cited the U.K.’s long-term defense investment plan, which provides funding visibility through 2030 and beyond.

“We’ve had very positive initial conversations with the new government,” McCabe said, adding that the company supports its focus on growth, defense and industrial manufacturing.

Turnaround Continues

Chief Executive Tufan Erginbilgic said the company’s transformation strategy continued to deliver results. “Our transformation continues to deliver,” he said in a statement. “We have unlocked new growth opportunities across the Group.”