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Strategic Alliance Between Keve and CYFA Sets the Stage for Cyprus’ Global Business Emergence

Forging a Milestone Partnership

The Cyprus Chamber of Commerce and Industry (Keve) and the Cyprus Fiduciary Association (CYFA) have formalized a landmark cooperation through the signing of a Memorandum of Understanding in Nicosia. This strategic alliance underscores the mutual commitment to propel the administrative services sector and enhance Cyprus’s standing in the global business arena.

Enhancing Competitiveness and Credibility

Present at the signing were Keve President Stavros Stavrou, Secretary General Philokypros Rousounides, CYFA President Costas Christoforou, and General Director Christoforos Ioannou. The partnership emphasizes the importance of tight cooperation to boost the nation’s competitiveness and elevate its credibility among international investors. By focusing on the exchange of regulatory insights and market trends, the collaboration is poised to drive forward Cyprus’ economic agenda.

Focused Initiatives for Business Advancement

The MoU outlines plans to conduct comprehensive studies, host industry conferences, seminars, and networking events aimed at fostering professional development. Furthermore, the agreement delineates a framework to support foreign entrepreneurs and guide Keve members engaged with international partners, ensuring that Cyprus remains a preferred destination for global investment.

Vision for an International Business Hub

This initiative represents more than just a formal agreement; it is a strategic move towards positioning Cyprus as an international business hub. As both organizations work in tandem to implement these initiatives, the anticipated outcome is a strengthened economy and a renewed global image, reflective of a modern, dynamic business environment.

Women Accounted For More Than Half Of Scientists In 10 EU Regions

In Portugal’s Continente region, 265,100 women worked as scientists and engineers in 2025, representing 46% of the total workforce in these occupations.

Across the EU, women made up more than half of all scientists and engineers in 10 regions. Four were located in Spain, two in Portugal and one in Greece. The remaining regions were Poland’s Makroregion centralny, Sweden’s northernmost region and France’s outermost regions.

Most of these areas had relatively small numbers of scientists and engineers overall. Spain’s Noreste region was the largest, with 102,700 women in these occupations, accounting for 51% of its total workforce.

Women’s Representation Varies Across Europe

The figures highlight considerable regional differences in both the number of women working in science and engineering and their share of the overall workforce.

Cyprus remains below the EU average, with women accounting for 37.8% of scientists and engineers. However, this share is broadly comparable to that of Île-de-France, one of Europe’s largest centres of scientific and engineering employment.

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