Page 667 - MOET ENGLISH PR REPORT - JUNE 2025
P. 667
6/12/25, 5:02 PM Investopia Global launches New Economy Talks in Cyprus to boost UAE–Mediterranean investment partnerships
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, technology,
tourism, culture, education, and scientific research. These efforts are designed to drive sustainable economic
growth across both regions.”
Six panel sessions at Investopia Global – Mediterranean 2025
https://www.godubai.com/citylife/press_release_page.asp?pr=185881 2/3

