
The professional services sector remains one of the most important pillars of the Cypriot economy, significantly contributing to its growth. Limassol serves as the main hub for financial, legal, and technological services, attracting foreign investments and strengthening Cyprus’ position as a business hub in Europe and the Middle East. For this reason, it has been informally given the title of Cyprus’ economic capital, according to the Vice President of Services of the Limassol Chamber of Commerce and Industry, Mr. Elias Neocleous.
Mr. Neocleous stated in “Entrepreneurial Limassol” that the development of new sectors, such as financial technology (FinTech), legal technology (LegalTech), and regulatory technology (RegTech), creates opportunities for innovation and…