Keve Champions Minds In Cyprus Initiative To Attract Global Talent

by THEFUTURE.TEAM

January 21, 2026

Overview Of The Minds In Cyprus Program

The Cyprus Chamber of Commerce and Industry (Keve) has reaffirmed its commitment to reversing the longstanding brain drain by expanding the Minds In Cyprus programme. Originally launched in 2025 as part of a government strategy to repatriate top-tier talent, the initiative has already attracted significant international interest from Cypriot professionals eager to return home.

Global Outreach And Strategic Engagement

Building on early successes, Keve is set to amplify its international presence throughout 2026. A series of three major events scheduled in New York, San Francisco, Athens or Thessaloniki, and the United Kingdom will spotlight a robust mix of employment opportunities, government incentives, and active recruitment channels. These gatherings will not only feature presentations from the Cyprus Presidency outlining the nation’s action plan, but will also provide a platform for Cypriot companies to engage directly with global talent.

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Incentives And Economic Impact

The initiative is underpinned by a progressive incentive framework designed to lure skilled professionals back to Cyprus. Among its key features are tax relief measures that currently offer a 20% exemption on the first employment income for eligible returnees. With proposals under consideration to extend these benefits—potentially increasing the exemption to 25% or even 50% under certain conditions—the program underscores a targeted effort to create a competitive, attractive economic environment. Businesses and professionals can learn more and register their interest via the official Minds In Cyprus 2026 platform.

A Strategic Response To Brain Drain

As fresh data highlights that over 600 Cypriot nationals living abroad have signaled their readiness to return under the current incentive scheme, industry leaders and policymakers alike see Minds In Cyprus as a pivotal tool in reconnecting the country’s economy with its expatriate talent pool. While debates continue regarding the balance of incentives between returnees and those who have remained, the programme remains an essential bridge to sustainable economic growth and innovation in Cyprus.

Conclusion

With a strategic mix of policy reform, global outreach, and direct private sector engagement, Keve’s expanded Minds In Cyprus initiative not only positions Cyprus as a competitive destination for high-skilled professionals but also sets a benchmark for similar repatriation schemes worldwide. The government and industry stakeholders are keenly watching the unfolding impact of these measures, confident that the right mix of incentives will usher in a new era of talent-driven economic revitalization.

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Bird Aviation Signs Long-Term EasyJet Maintenance Deal In Cyprus

by THEFUTURE.TEAM

July 30, 2026

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.”

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