Cyprus makes pitch to global investors at Financial Times headquarters

Cyprus’ transition into a high-tech European investment hub took center stage at the Financial Times’ London headquarters last month, as the island’s tech sector now rivals tourism in its contribution to the national economy.

This was facilitated by Invest Cyprus, which successfully organised an international investment conference in London on February 26 in the English capital.

The conference was held in collaboration with FT Locations, the global investment arm of the Financial Times, bringing together global investors and business leaders to discuss the island’s economic outlook.

The event, titled “Investing in Cyprus Risk, returns and FDI flows in the innovation corridor”, took place at Bracken House, the headquarters of the Financial Times.

The conference gathered leading asset managers, institutional investors and senior business executives, highlighting Cyprus’ transformation into a resilient and technologically advanced European investment hub.

At a time of heightened geopolitical complexity, Cyprus was presented as a strategic European platform for global capital with strong regional reach.

This momentum, according to the organisers, is supported by a robust macroeconomic framework and strong economic performance.

Cyprus remains one of the fastest growing economies in the European Union, with growth reaching 3.4 per cent in 2024 and accelerating to 4.5 per cent in late 2025.

The country has also returned to the “A” credit rating category across all major rating agencies, reinforcing international confidence in its economic stability.

At the same time, public debt has fallen below 60 per cent of GDP, while unemployment has dropped to under 5 per cent, pointing to conditions approaching full employment.

The forum highlighted that foreign direct investment has become a central pillar of the country’s growth model.

Cyprus currently ranks 11th globally in greenfield foreign direct investment performance, reflecting sustained international investor interest.

Further evidence of this confidence is the expansion of multinational companies already operating on the island.

Among these is MUFG, which now employs more than 250 people locally. Another example is Murex, which has expanded its operations in Cyprus to around 300 professionals.

“Investors today are looking for stability and regulatory credibility. Cyprus is meeting these needs by building a future oriented economy grounded in fiscal discipline and strong institutions,” said Evgenios Evgeniou, chairman of Invest Cyprus.

“The technology sector is now a core pillar, contributing 14 per cent of our GDP, a level comparable to tourism, while investment in the ICT sector increased by more than 200 per cent in 2024 alone,” he added.

“We are consistently attracting highly specialised talent, upgrading our economic profile,” Evgeniou stated.

Meanwhile, Irene Piki, Deputy Minister to the President, said that “the government’s priority is to strengthen the country’s investment proposition through speed, certainty and transparency”.

“We are committed to a policy direction that reinforces the credibility of the Cypriot economy and advances reforms that support sustainable growth,” Piki stated.

“Cyprus operates as a stable hub in a region of growing geopolitical and economic importance, and we remain focused on ensuring that quality investments are implemented effectively,” she added.

Cyprus’ ongoing economic transformation was also reflected in a number of major institutional investments across multiple sectors.

These include Eurobank’s acquisition of Hellenic Bank, which represents one of the most significant developments in the country’s banking sector.

The hospitality industry has also attracted international interest through Blackstone’s strategic entry into the market.

Within the technology ecosystem, Adobe acquired Semrush, further strengthening the island’s reputation as a growing digital and innovation hub.

Additional investments have also been made in the health and education sectors, including projects involving PureHealth and the American University of Beirut.

According to Invest Cyprus, these developments represent a long term vote of confidence in the country’s economic model and investment environment.

The organisation emphasised that it continues to operate as a one stop shop for international investors, supporting companies throughout every stage of their expansion and activity in Cyprus.

Invest Cyprus also explained that it serves as the official investment promotion agency of the Republic of Cyprus, responsible for attracting and facilitating foreign direct investment and supporting the country’s economic development.

The organisation’s mission is to attract high quality investments, support international businesses seeking to establish operations in Cyprus and promote the country as a competitive global business destination.

It added that through a focus on transparency, efficiency and comprehensive investor services, Invest Cyprus aims to remain a strategic partner for companies choosing Cyprus as a base for international growth.