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Cyprus Positioned As A Top-Tier Investment Spot, Says CEO Of Invest Cyprus

According to Marios Tannousis, CEO of Invest Cyprus, Cyprus continues to solidify its position as a premier destination for global investment. Invest Cyprus plays a pivotal role in guiding businesses through every stage of their investment journey.

In a recent press release, Invest Cyprus detailed Tannousis’ participation in a high-level dialogue with ministers from Greece, Egypt, and Cyprus last week at the Trilateral Summit in Cairo. The discussions centered on fostering bilateral and trilateral cooperation, unlocking funding opportunities, and strengthening economic ties between the three nations.

Speaking on the topic, “Business Opportunities and Activities in Egypt, Cyprus, and Greece,” Tannousis spotlighted Cyprus as a standout investment destination within the EU. He highlighted its economic stability, bolstered by EU membership, and reiterated Invest Cyprus’ commitment to facilitating seamless support for investors aiming to tap into the island’s potential.

Joining Tannousis in presenting the investment landscapes of their respective countries were Hossam Heiba, CEO of Egypt’s General Authority for Investment and Free Zones (GAFI), and Marinos Giannopoulos, CEO of Enterprise Greece. Together, they outlined opportunities and actionable insights for businesses eyeing expansion in the region.

Tannousis underlined the significance of regional partnerships, stating, “By forging strategic alliances between Cyprus, Greece, and Egypt, we are building a collaborative platform that fosters sustainable growth and mutual prosperity, providing businesses with a foundation to succeed and expand in this dynamic region.”

The Trilateral Summit underscored the critical role of regional collaboration in addressing shared challenges and driving economic development. As reaffirmed in the press release, Invest Cyprus remains a cornerstone in the effort to attract international investment, ensuring Cyprus stays at the forefront of economic opportunity in the Eastern Mediterranean.

Bitcoin Surges 23% In A Week As Investor Optimism Returns

Bitcoin was on track for a weekly gain of around 23% on Friday as a series of positive macroeconomic and policy developments boosted investor sentiment.

The cryptocurrency was trading about 6% higher at roughly $77,000, up from around $62,800 at the start of the week. Crypto-related stocks also rallied, with Coinbase and Circle gaining more than 9%, while Strategy rose 7%.

Macro Factors Fuel Rally

Bitcoin’s latest surge began Wednesday after Treasury yields fell sharply following a major intervention by the U.S. Treasury in the bond market. Lower yields eased pressure on risk assets and helped trigger a broader move into cryptocurrencies.

The rally was further amplified by a major short squeeze. Around $2.7 billion in crypto short positions were liquidated, according to CoinGlass.

Max Stuedlein, head of Partnerships at Sygnum APAC, said the move reflected an alignment of macroeconomic and policy catalysts, including the Treasury’s decision to increase buybacks of longer-dated government debt.

Clarity Act Boosts Sentiment

Investor confidence improved further on Thursday as the White House and crypto industry leaders made a final push to advance the Clarity Act in the coming weeks.

The legislation is widely viewed as a potential catalyst for the crypto market, although its chances of passing remain relatively limited.

Despite the rally, bitcoin remains well below its 2026 high of $94,820 reached in January and its all-time high of $126,198, set last October.

Analysts See More Volatility Ahead

Lucy Gazmararian, founder and managing partner at Token Bay Capital, said the crypto market may be approaching the end of its bear cycle.

She expects bitcoin could experience one more decline of around 20% before the market turns, pointing to historical cycles and the recent liquidation of heavily leveraged short positions.

Gazmararian also described bitcoin as a long-term hedge against monetary debasement, while warning that its short-term price remains highly volatile and driven by market cycles.

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