News
November 06, 2025
Cyprus Business Now: digital economies, innovators, taxes, VAT, housing
The Digital Cooperation Organisation (DCO) this week launched the Digital Economy Navigator 2025 (DEN 2025) during the Second World Summit for Social Development in Doha, highlighting Cyprus’ strong performance in digital governance, broadband expansion, and workplace digitalisation. The report reinforces Cyprus’ position as one of the region’s leading digital economies, noting its commitment to secure infrastructure, [...]
Cyprus is solidifying its position as a frontrunner in the digital age, according to a new report released this week. The Digital Cooperation Organisation (DCO) unveiled the Digital Economy Navigator 2025 (DEN 2025) at the Second World Summit for Social Development in Doha, Qatar, showcasing Cyprus's impressive strides in embracing and fostering a digital economy.
The DEN 2025 report paints a positive picture of Cyprus's digital landscape, highlighting several key areas where the nation excels. Specifically, the report commends Cyprus for its robust digital governance, proactive efforts in expanding broadband access across the island, and significant advancements in workplace digitalization. These factors collectively contribute to Cyprus's growing reputation as a hub for digital innovation and business.
The report emphasizes the importance of a secure and reliable infrastructure as a cornerstone of a thriving digital economy. Cyprus's commitment to establishing and maintaining this infrastructure is noted as a crucial element in attracting investment, fostering innovation, and enabling businesses to thrive in the digital realm.
While the report doesn't delve into specific details regarding taxes, VAT, or the housing market, its overall message underscores the positive impact of a strong digital economy on various sectors. A vibrant digital economy can stimulate growth in areas like e-commerce, fintech, and digital services, potentially creating new opportunities for businesses and individuals alike. It can also contribute to improved efficiency in government services and enhanced citizen engagement.
The recognition from the DCO through the DEN 2025 report serves as further validation of Cyprus's ongoing efforts to embrace digital transformation. It reinforces the island's attractiveness as a destination for businesses seeking a digitally advanced environment and skilled workforce. As Cyprus continues to invest in its digital infrastructure and foster a culture of innovation, it is poised to further strengthen its position as a leading digital economy in the region.
The DEN 2025 report paints a positive picture of Cyprus's digital landscape, highlighting several key areas where the nation excels. Specifically, the report commends Cyprus for its robust digital governance, proactive efforts in expanding broadband access across the island, and significant advancements in workplace digitalization. These factors collectively contribute to Cyprus's growing reputation as a hub for digital innovation and business.
The report emphasizes the importance of a secure and reliable infrastructure as a cornerstone of a thriving digital economy. Cyprus's commitment to establishing and maintaining this infrastructure is noted as a crucial element in attracting investment, fostering innovation, and enabling businesses to thrive in the digital realm.
While the report doesn't delve into specific details regarding taxes, VAT, or the housing market, its overall message underscores the positive impact of a strong digital economy on various sectors. A vibrant digital economy can stimulate growth in areas like e-commerce, fintech, and digital services, potentially creating new opportunities for businesses and individuals alike. It can also contribute to improved efficiency in government services and enhanced citizen engagement.
The recognition from the DCO through the DEN 2025 report serves as further validation of Cyprus's ongoing efforts to embrace digital transformation. It reinforces the island's attractiveness as a destination for businesses seeking a digitally advanced environment and skilled workforce. As Cyprus continues to invest in its digital infrastructure and foster a culture of innovation, it is poised to further strengthen its position as a leading digital economy in the region.
Category:
Technology