Page 663 - MOET ENGLISH PR REPORT - JUNE 2025

6/12/25, 5:02 PM Investopia Global launches New Economy Talks in Cyprus to boost UAE–Mediterranean investment partnerships
platform for exchanging insights and perspectives on global trends in financing tools, with a focus on
sustainable and innovative finance solutions, including fintech.

Held in collaboration with IMH, the event welcomed the participation of over 300 attendees, including
ministers, government officials, private sector representatives, investors, entrepreneurs, and decision-

makers from the UAE, Lebanon, Cyprus, Greece, and across Europe. Prominent participants included
H.E. Giorgos Papanastasiou, Cyprus Minister of Energy, Commerce and Industry; H.E. Kostas Koumis,
Cyprus Deputy Minister of Tourism; H.E. Olga Kefalogianni, Greek Minister of Tourism; H.E. Laura
Lahoud, Lebanon’s Minister of Tourism; H.E. Mohammed Al Hawi, Undersecretary of the UAE Ministry of

Investment; Stavros Stavrou, President of the Cyprus Chamber of Commerce and Industry; Philokypros
Roussounides, Secretary General of the Cyprus Chamber of Commerce and Industry; and Thanos
Michaelides, CEO of Thanos Hotels & Resorts.

H.E. Bin Touq affirmed that the UAE and Cyprus share strategic relations and a strong economic
partnership across all areas of mutual interest. These bilateral ties are supported by the wise leadership

of both nations and guided by a shared vision to expand cooperation and partnership across various
sectors, advancing prosperity and wellbeing for their peoples.

1,850 Cypriot companies operating in the UAE

H.E. said: “Economic cooperation between the UAE and Cyprus continues to grow steadily. Today, UAE

markets are home to approximately 1,850 Cypriot companies operating across a wide range of sectors.
Cyprus also serves as a vital economic gateway for the expansion of Emirati companies into key
European markets, thanks to its strategic location. We look forward to deepening collaboration with our
partners in the Cypriot government and private sector through new projects in sectors such as the new
economy, energy, education, transport and logistics, and technology.” H.E. further noted that holding

Investopia Global – Mediterranean in Cyprus reflects the strength and depth of the economic
partnership between the two friendly nations.

New platform enhancing economic cooperation between the UAE and Mediterranean countries

During his participation in a session titled “Bridging Prosperity: Unlocking GCC–Eastern Mediterranean

Synergies,” H.E. Bin Touq stated: “Today marks the launch of the first milestone of Investopia Global in
Cyprus, through which we aim to build a new bridge of fruitful economic and investment cooperation
between the UAE and the Mediterranean region. The UAE views this region as a strategic economic
partner, and we believe that fostering GCC–Mediterranean economic synergy presents a vital
opportunity to establish a resilient, diversified, and innovation-driven economic model - one that

supports comprehensive development at both regional and global levels.”

He added: “Through the diverse sessions of this edition of Investopia Global Talks, we aim to chart new
avenues of collaboration between the public and private sectors across sustainable fields, including
renewable energy, digital transformation, artificial intelligence (AI), infrastructure, innovation,

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