CYPRUS – Ministry of Energy, Commerce & Industry

Cyprus has established itself as the regional business centre and rapidly growing tech hub in the Eastern corner of the Mediterranean, connecting Europe to high-growth markets in the MENA and the wider region, ideal for headquartering and attracting foreign investments. This is mainly due to its thriving tech ecosystem of modern infrastructure and growing network of high-quality professionals across various competencies. Already home to a large number of flagship international tech companies, the island Cyprus is seeing a fresh boost with more state support offered to the sector, the launch of new national strategies to integrate innovative tech, and fresh incentives to attract more digital nomads, IT start-ups and regional headquarters. Unprecedented investment into the sector and ground-breaking projects are establishing the island, not only as an innovation and research hub, but as a regional centre of excellence providing strong links with the global scientific and technical innovation community.