Cyprus is courting Qatari investors with a push to expand cooperation in real estate, tech and financial services, as part of efforts to bolster bilateral ties and attract strategic capital into the island’s economy.

During an official visit to Doha, Energy Minister George Papanastasiou met with Rashid bin Hamad Al-Athba, Second Vice President of the Qatar Chamber of Commerce and Industry, to explore investment opportunities and strengthen commercial links between the two countries.

According to the chamber’s announcement, the discussions focused on deepening economic collaboration and identifying promising sectors for joint ventures.

Al-Athba welcomed the minister’s proposals, underlining Qatar’s favourable investment climate and the chamber’s readiness to support greater business engagement with Cyprus.

He also noted the increasing interest of Qatari investors in the island, citing longstanding bilateral ties and recent regulatory reforms that have enhanced Cyprus’ appeal as a gateway to the EU.

Papanastasiou, for his part, proposed the formation of a joint technical committee to take forward business cooperation, building on the Memorandum of Understanding (MoU) already signed between the two chambers.

He emphasised Cyprus’ strategic location, its EU membership and its openness to international partnerships, inviting Qatari stakeholders to explore opportunities in infrastructure, property, AI, IT and financial services.

He also extended an invitation to Qatari investors to participate in the upcoming Investopia Forum, set to take place in Cyprus from June 7 to 9, 2025, a platform aimed at showcasing regional investment prospects and fostering cross-border collaboration.