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Home » TOURISM NEWS » Lebanon, Greece, UAE, And Cyprus Strengthen Diplomatic And Economic Partnerships In Limassol Through Investopia-Led Dialogue On Trade, Energy, And Tourism Tuesday, June 10, 2025In a major diplomatic and economic gathering, ministers from Lebanon, Greece, the United Arab Emirates, and Cyprus have assembled in Limassol for the Investopia Global Mediterranean Conference, aiming to deepen cross-regional cooperation in tourism, trade, infrastructure, and energy. The high-level discussions are focused on strengthening partnerships between the Gulf Cooperation Council and Eastern Mediterranean nations, leveraging shared strategic interests to foster sustainable growth, unlock investment opportunities, and promote regional prosperity through innovation, tourism, and economic integration.UAE and Cyprus Strengthen Regional Economic Ties at Investopia Global Mediterranean Conference in LimassolThe city of Limassol, Cyprus, will take center stage this Tuesday as it hosts the Investopia Global Mediterranean Conference, a premier international event aimed at forging stronger economic ties between Discussions will center on strengthening ties between nations of the Gulf Cooperation Council (GCC) and the Eastern Mediterranean, highlighted by a key roundtable featuring George Papanastasiou, Cyprus’s Minister of Energy, Commerce and Industry, and Abdulla Bin Touq Al Marri, Minister of Economy for the United Arab Emirates Minister of Economy.This prominent gathering will center around the theme “Bridges of Prosperity: Unlocking Synergies between the Gulf Cooperation Council and the Eastern Mediterranean,” serving as a vital forum to cultivate fresh alliances and foster deeper collaboration across key economic sectors . The discussion will take place at the luxurious Park Lane Hotel in Limassol, where regional leaders and global investors will converge to exchange insights on the shifting economic landscape.The involvement of the UAE and Cyprus reflects a growing recognition of their strategic geographical positions and shared interests in key sectors such as tourism, finance, renewable energy, and digital transformation. With Cyprus located at the crossroads of Europe, Asia, and Africa, and the UAE emerging as a global business powerhouse, both nations see value in deepening bilateral cooperation to capitalize on shared opportunities.Adding to the gravity of the event, several other influential policymakers from the Mediterranean region will also be in attendance. Costas Koumis, Cyprus’s Deputy Minister of Tourism, will be joined by Olga Kefalogianni, Greece’s Minister of Tourism; Laura Khazen Lahoud, Lebanon’s Minister of Tourism; and Shaikha Al Nowais, recently appointed as Secretary-General of UN Tourism. Together, they will participate in a panel that focuses on the transformative role of tourism in economic development and international connectivity.The session is expected to delve into how sustainable tourism can serve as a driver for inclusive growth, particularly in countries with rich cultural heritage and natural beauty. As the global travel sector continues its post-pandemic rebound, tourism remains a cornerstone of economic strategy across much of the Mediterranean and the Gulf.A broader aim of the Investopia conference is to promote Cyprus’s role as a dynamic business and financial hub. Attendees will hear how the island nation is leveraging its position to act as a bridge between continents, fostering trade routes and investment flows across three major regions. The discussions will also spotlight the UAE’s growing presence in Mediterranean markets, particularly in sectors related to infrastructure, banking, and digital innovation.There will be a strong emphasis on future-focused investments, including opportunities in renewable energy, especially electricity and water infrastructure. These areas are critical to both environmental sustainability and long-term economic stability in the region. Delegates will examine how joint ventures and cross-border collaborations can support the development of reliable energy systems while opening up new commercial pathways.The conference arrives at a time when both Cyprus and the UAE are looking to diversify their economic bases and reduce dependence on traditional revenue sources. For Cyprus, this means building on its strengths in shipping, tourism, and financial services, while also pushing forward in fields like digital transformation and energy. For the UAE, which has already diversified beyond oil, the focus is increasingly on fintech, global logistics, sustainable infrastructure, and strategic global partnerships.In addition to participating in the roundtable, UAE Minister Abdulla Bin Touq Al Marri is expected to hold a series of bilateral meetings with top Cypriot officials. According to sources from the Cyprus News Agency (CNA), the Emirati official will meet with Foreign Minister Constantinos Kombos, Finance Minister Makis Keravnos, and Deputy Tourism Minister Costas Koumis. These meetings aim to explore specific cooperation opportunities, potentially laying the groundwork for new memorandums of understanding or direct investment deals.The Investopia Global Mediterranean Conference is being closely watched by stakeholders from both government and private sectors as it is likely to result in practical strategies for enhancing regional integration and economic cooperation. By aligning interests and encouraging dialogue, the event serves as a blueprint for collaborative growth across two increasingly interconnected regions.Top ministers from Lebanon, Greece, the UAE, and Cyprus gathered in Limassol to strengthen regional cooperation in tourism, trade, and investment. The summit focuses on unlocking strategic synergies between the Mediterranean and Gulf economies.As Cyprus continues to strengthen its international profile and the UAE expands its global outreach, this summit could mark a new chapter in Gulf-Mediterranean relations, fostering deeper ties in diplomacy, commerce, and innovation.
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