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Prominent Cyprus-US Businessman Dinos Iordanou Passes Away

Constantine (Dinos) P. Iordanou, a prominent Cyprus-US businessman, passed away suddenly on June 16 at the age of 71. Iordanou was a respected figure in both the Cypriot and American business communities. He served as an independent non-executive member of the Board of Directors of the Bank of Cyprus and chaired its Audit Committee. His illustrious career in the United States included senior positions at major insurance firms such as AIG, Berkshire Hathaway, and Zurich Financial Services. He was the chairman and CEO of Arch Capital Group until his retirement in 2019.

Iordanou’s career was marked by significant achievements and contributions to the insurance and finance industries. At Arch Capital Group, he played a crucial role in the company’s growth and success, establishing it as a leading global insurance and reinsurance provider. His leadership and strategic vision were instrumental in driving innovation and profitability.

In addition to his corporate roles, Iordanou was actively involved in philanthropic efforts and community development. Recently, he was engaged in the development of a new stadium for APOEL, a prominent football club in Cyprus, reflecting his commitment to supporting local initiatives and sports infrastructure.

Iordanou’s passing is a significant loss to the business world and the communities he served. His legacy is characterized by his dedication, leadership, and the positive impact he had on the organizations and people he worked with. He leaves behind a lasting influence on the insurance industry and a strong example of cross-continental business success.

Kuwaiti Ambassador Advocates For Strengthened Ties Between Cyprus And GCC Nations

The Kuwaiti Ambassador to Cyprus, Abdullah Musaed Al-Khorafi, has underscored the vital need to deepen dialogue between Kuwait, Cyprus, and the Gulf Cooperation Council (GCC) nations, as well as the broader Arab world. He made these remarks during a luncheon held at his Nicosia residence on February 4, which brought together key diplomatic figures.

The event was hosted in honor of Annita Demetriou, President of the House of Representatives of Cyprus, and was part of a series of high-level diplomatic gatherings organized by the Kuwaiti Embassy in Cyprus. Among the attendees were the ambassadors and heads of Arab diplomatic missions in Cyprus, as well as representatives from the U.S. and Swiss embassies.

Ambassador Al-Khorafi took the opportunity to lead an expanded discussion on pressing regional and international developments, focusing particularly on the Middle East. Topics included the ongoing crises in Syria, Lebanon, and Palestine, with a strong emphasis on how these events affect regional stability.

The luncheon also served as a platform for talks on enhancing cooperation between Cyprus and GCC countries, as well as broader Arab nations. The discussions highlighted opportunities to strengthen ties in key sectors such as education, culture, trade, investment, and tourism. The aim is to build closer connections between people and foster mutual benefits.

In his opening speech, Ambassador Al-Khorafi stressed the importance of promoting dialogue at both governmental and societal levels, not only between Kuwait and Cyprus, but across the entire GCC and Arab world. He expressed his gratitude for the presence of President Demetriou, noting that her participation symbolized Cyprus’ commitment to advancing relations with Kuwait and its regional partners.

President Demetriou, in turn, thanked the ambassador for his hospitality, reflecting on the fruitful discussions and shared goals for enhancing Cyprus’ relations with Kuwait and the wider Arab world. She reaffirmed the importance of cooperation and strategic partnerships between Cyprus and the GCC countries, especially in areas of mutual interest and concern.

This meeting, according to Demetriou, was a testament to the strong diplomatic relations between Cyprus and Kuwait, as well as the ongoing efforts to broaden and deepen ties with the Arab world.

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