Doing Business in Cyprus (UAE Edition)

DOING BUSINESS C YPRUS
47
UNITED ARAB EMIRATES EDITION
position in connecting Asia, the Middle East, the Gulf region, Africa and Europe. Cyprus
could thus be a gateway for renewables, energy pipeline networks and terminals.
Cyprus is also a world-class educational and research centre of excellence with high
quality academic institutions. It offers wide access to markets, high quality professional
services and a skilled workforce backed by operational efficiency and governmental
support.
How do you see the relationship between the
UAE and Cyprus developing in the future?
The UAE is second home to many Cypriots and there are currently more than seventy
Cypriot companies operating in the country. The participation of Cyprus in major
commercial exhibitions and business fora in the UAE undoubtedly contributes to the
strengthening of our bilateral trade relations.
The island, which is the closest European country to the UAE, has become a popular
destination not only for UAE citizens but also for the expatriates living in the Emirates.
During the last two years, and despite the pandemic, the number of visitors from the
UAE has been steadily growing.
We are confident that the relationship
between Cyprus and the UAE will continue
to grow and expand in the future
in countless fields of collaboration. We
see tremendous opportunities for further
bilateral cooperation, and we look
forward to working together with the
UAE on matters ranging from regional
stability and prosperity to combating
climate change. n
IBuilding strong bilateral, regional
and international cooperation
with reliable partners on energy
markets and renewables, places
Cyprus at a unique position in
connecting Asia, the Middle East,
the Gulf region, Africa and Europe