The Republic of Cyprus

CyprusWestern Asia
-2:00Hours behind the UAE
About the Country

General Information

National Identity
Official Language(s)Greek, Turkish
National CurrencyEuro (EUR)
National Day(s)1 October (Independence Day)
Capitals
Political / Administrative CapitalNicosia
Economic CapitalNicosia
Cultural CapitalNicosia
Transport & Connectivity
Flight Duration from the UAE≈ 4 – 4.5 h Direct flights
Primary AirportLarnaca International Airport (LCA)
Primary PortPort of Limassol
Geography
Land Area-
Length of the Coastline648 km
Highest PointMount Olympus (1,952 m)
Primary Inland Water Body / RiverPedieos River
ClimateMediterranean

Border Countries

None (island state)
0

Last Updated: July 2026Source: Internal Research

Key Facts

Cyprus joined the European Union in 2004, becoming one of the easternmost member states of the EU.

Since 1974, Cyprus has remained divided, with the Republic of Cyprus controlling the south and the Turkish Cypriot-administered north separated by a UN buffer zone.

The archaeological site of Paphos is a UNESCO World Heritage Site, famous for its Roman mosaics and links to the legend of Aphrodite.

The Painted Churches in the Troodos Region are UNESCO-listed and are known for their well-preserved Byzantine wall paintings.

Choirokoitia in Cyprus is one of the most important prehistoric settlements in the eastern Mediterranean and is also a UNESCO World Heritage Site.

Halloumi, also known as hellim, is one of Cyprus’s most famous traditional foods and has EU Protected Designation of Origin status.

More than 90% of households in Cyprus use solar water heaters, one of the highest rates in the world.

Cyprus is an important nesting area for green turtles and loggerhead turtles, especially on protected beaches such as Lara Bay.

The Cyprus mouflon, a wild sheep found on the island, is one of the country’s best-known native animals and a symbol of local wildlife.

Cyprus is closely linked to the mythology of Aphrodite, as legend says the goddess of love and beauty was born from the sea near the island.

The United Kingdom still retains two sovereign base areas in Cyprus, Akrotiri and Dhekelia, which are used for military purposes.

One of the oldest known examples of a close human-cat relationship was found in Cyprus, where a cat was buried with a human around 9,500 years ago.

Last Updated: July 2026Source: Internal Research

Economic Overview

Macroeconomic Snapshot

GDP, current prices-USD Billions
Real GDP growth-Annual percent change (%)
GDP per capita, current prices-USD per capita
Population-Millions of people
General government gross debt-% of GDP
Income levelWorld Bank classification-

Economic Comparison

IndicatorCyprusUAECyprusUAE
GDP, current pricesUSD Billions--
GDP, PPPCurrent int$--
Real GDP growthAnnual percent change (%)--
GDP per capita, current pricesUSD per capita--
PopulationMillions of people--
Unemployment rate% of total labor force--
Inflation rate (avg. consumer prices)Annual percent change (%)--
General government gross debt% of GDP--
Income levelWorld Bank classification--

Foreign Trade

No data available for this section yet.

Political Overview

Leadership

Head of State & Government

H.E. Dr. Nikos Christodoulides

Since February 2023

Minister of Foreign Affairs

H.E. Dr. Constantinos Kombos

Since March 2023

Minister of Finance

H.E. Makis Keravnos

Since March 2023

Minister of Trade

H.E. Michael Damianos

Since December 2025

Minister of Defense

H.E. Vasilis Palmas

Since January 2024

Political Summary

Political System

Presidential Republic

The President is both Head of State and Head of Government; executive power is exercised by the President and the Council of Ministers.

Ruling Party

Independent President (since February 2023), supported by:Democratic Party (DIKO): Centre

Main Opposition Force(s)

Democratic Rally (DISY): Centre-rightProgressive Party of Working People (AKEL): Left-wingNational Popular Front (ELAM): Far-rightALMA – Citizens for Cyprus: Centre, new partyDirect Democracy Cyprus: Anti-establishment, new party

Next Presidential Election

Expected in 2028

Next Legislative Election

May 2031

Last Updated: May 2026Source: Internal Research

Membership in Key Organizations and Blocs

51Organizations
33Member
1Founding Member
6Partner, Observer or Participant
11Not a Member

Last Updated: July 2026Source: Official websites of the respective organizations

Competitiveness Indexes

IndexYearRank Out ofCyprusUAE

No index matches.

Bilateral Relations

Diplomatic Relations and Representation

Date of Establishment of Diplomatic Relations6 Jun 200719 years of relations
H.E. Mohammed Saif Hilal Mohammed Al Shehhi
UAE Ambassador
H.E. Mohammed Saif Hilal Mohammed Al ShehhiUAE Ambassador to Cyprus · Resident
H.E. Meropi Christofi
Foreign Ambassador
H.E. Meropi ChristofiAmbassador of Cyprus to the UAE · Resident

Last Updated: June 2026Source: MoFA; Internal Research

Consular Information

Tourists
Residents
Students
Golden Visa Holders
Cyprus Nationalsin the UAE
----
UAE Citizensin Cyprus
----

Main Agreements and MoUs

Agreement / MOUStatusNotes
CEPAComprehensive Economic Partnership Agreement
Not Signed
Cyprus is an EU member state.UAE–EU negotiations were launched on 28 May 2025.The first round of negotiations began on 24 Jun 2025.
IPPAInvestment Protection and Promotion Agreement
--
DTADouble Taxation Avoidance Agreement
Ratified
Signed on 27 Feb 2011.Entered into force on 17 Mar 2013.
ASAAir Services Agreement
Signed
Signed on 15 Apr 2014.
Ratified— Signed and entered into force
Signed— Signed, but entry into force or ratification is pending
Not Signed— No signed agreement exists

Last Updated: September 2026Source: Internal Research

UAE Foreign Assistance

UAE Aid to CyprusTotal Amount
Amount (USD Mn)-

Bilateral Visits

Official Visits from the UAE

  • H.H. Sheikh Abdullah bin Zayed Al NahyanDeputy Prime Minister and Minister of Foreign Affairs
    Mar2026
  • H.E. Lana NusseibehMinister of State
    Jan2026
  • H.H. Sheikh Mohamed bin Zayed Al NahyanPresident of the United Arab Emirates
    Dec2025
  • H.E. Dr. Thani bin Ahmed Al ZeyoudiMinister of Foreign Trade
    Dec2025
  • H.E. Lana NusseibehMinister of State
    Nov2025
  • H.H. Sheikh Abdullah bin Zayed Al NahyanDeputy Prime Minister and Minister of Foreign Affairs
    Jan2025
  • H.E. Reem bint Ebrahim Al HashimyMinister of State for International Cooperation
    Apr2024
  • H.E. Saeed bin Mubarak Al HajeriAssistant Minister of Foreign Affairs for Economic and Trade Affairs
    Jun2023
  • H.H. Sheikh Abdullah bin Zayed Al NahyanMinister of Foreign Affairs
    Apr2023

Official Visits to the UAE

  • H.E. Dr. Nikos ChristodoulidesPresident of Cyprus
    May2026
  • H.E. Dr. Constantinos KombosMinister of Foreign Affairs of Cyprus
    Mar2026
  • H.E. Dr. Constantinos KombosMinister of Foreign Affairs of Cyprus
    Jan2026
  • H.E. Dr. Constantinos KombosMinister of Foreign Affairs of Cyprus
    Oct2025
  • H.E. Dr. Constantinos KombosMinister of Foreign Affairs of Cyprus
    Apr2025
  • H.E. Dr. Nikos ChristodoulidesPresident of Cyprus
    Sep2024
  • H.E. Dr. Constantinos KombosMinister of Foreign Affairs of Cyprus
    Mar2024
  • H.E. Dr. Constantinos KombosMinister of Foreign Affairs of Cyprus
    Jun2023
  • H.E. Ioannis KasoulidesMinister of Foreign Affairs of Cyprus
    Jul2022
  • H.E. Nicos AnastasiadesPresident of Cyprus
    Feb2022
  • H.E. Charalambos PetridesMinister of Defense of Cyprus
    Feb2022

The officials’ titles shown reflect the positions held at the time of the visit.

Last Updated: April 2026Source: Internal Research

Trade

Non-Oil Bilateral Trade

-

Rank Among UAE's Trade Partners

-Non-oil trade partner of the UAE
-Source of UAE imports
-Destination for UAE exports
-Destination for UAE re‑exports

Key Trade Commodities

-

Foreign Direct Investment Flows

Jan 2021 – Sep 2026
FDI Inflows (Into the UAE)133.2USD Millions
Jan 2021 – Sep 2026
FDI Outflows (UAE Abroad)16.6USD Millions

Capex and jobs data include estimated values.

Last Updated: November 2026Source: fDi Markets

Major Companies and Investments

Major Cypriot Companies in the UAE

  • ASBIS Middle East FZEASBIS Middle East FZEICT distribution
  • Logicom Gulf / Logicom Dubai LLCLogicom Gulf / Logicom Dubai LLCICT distribution
  • Columbia Shipmanagement (Emirates)Columbia Shipmanagement (Emirates)Shipping
  • RemedicaRemedicaPharmaceuticals

Major UAE Companies in Cyprus

  • Mubadala Investment CompanyMubadala Investment Company-
  • DP WorldDP WorldPorts and logistics
  • MasdarMasdar-

Last Updated: April 2026Source: Internal Research

Business Support

Dubai Chambers

Business Council(s)Cyprus Business Council
International Office(s)-

UAE-Cyprus Joint Business Council

Joint Business Council(s)Established in 2025; no meetings held since.

Last Updated: September 2026Source: Various UAE Chambers

Cooperation Opportunities

Priority level: HIGH / MEDIUM / EMERGING, based on overall attractiveness to the UAE.

Last Updated: October 2026Source: Internal Research