Costas Cleanthous, through the Cleanthous Foundation, has pledged over €10 million to establish a paediatric oncology clinic adjacent to Makarios Hospital.

This substantial investment, which was announced by president Nikos Christodoulides, promises to revolutionise paediatric healthcare across the region.

Negotiations are currently in their final stages with key stakeholders, including the Ministry of Health and the state health services (Okypy), with the formal contract signing anticipated in February.

This key step gives emphasis to Cleanthous’ commitment to boosting healthcare services on the island.

The new clinic is set to be seamlessly integrated with Makarios Hospital, forming a unified medical hub poised to match the standards of leading European healthcare institutions.

Prioritising patient safety and environmental sustainability, the facility aims to redefine medical care and operational excellence in Cyprus.

Cleanthous, a paradigm of ethical entrepreneurship, is renowned not only for his sharp business acumen but also for his steadfast dedication to social values.

Founded in 2023 after years of personal philanthropy and involvement in XM’s Corporate Social Responsibility initiatives, the Cleanthous Foundation seeks to further extend his influence into Cypriot society.

Under Cleanthous’ leadership, and co-founded of XM, a global brokerage firm established in 2009, has seen exponential growth, now serving over 10 million clients globally and consistently lauded for its outstanding customer service and innovative financial solutions.

This success highpoints his strategic foresight and ability to steer the constantly evolving financial landscape.

Moreover, XM continues to be a leader of the Cypriot economy.

Based in Cyprus, it employs thousands and has been repeatedly recognised as the Best Workplace Cyprus by the Great Place to Work Institute.