President of the Republic, Nikos Christodoulides, held a meeting with the founder, Chairman, and CEO of Fairfax, Prem Watsa, in Toronto, Canada.
As well as the 19 September meeting, Christodoulides also participated in a Round Table Discussion with leading Canadian businessmen and investors, during which he presented the comparative advantages of Cyprus and the Cypriot economy as a quality investments' destination.
"The meeting highlights the potential for further attracting investments from international companies such as Fairfax, in the financial sector but also in strategic sectors of the Cypriot economy such as technology, renewable energy sources, and infrastructure" Government Spokesman Konstantinos Letymbiotis said in a post on 'X'.
Investments, he added, that boost growth, create new jobs, and strengthen international confidence in Cyprus as an attractive, high-quality investment destination.
Letymbiotis noted that Fairfax, is one of the most important international investors with an active presence in Cyprus, as the main shareholder of Eurobank, which recently acquired Hellenic Bank in one of the largest foreign investments in our country in recent years.
On an other post on 'X', the Spokesman said that the President participated in a Round Table Discussion with leading Canadian businessmen and investors, guests of Fairfax, during he presented the comparative advantages of Cyprus and the Cypriot economy as a quality investments destination.
The Spokesman pointed out that the President underlined the country's strategic geographical location, the stable and attractive tax and investment framework, the resilience of the financial sector, as well as the dynamic prospects in areas such as innovation, new technologies, renewable energy sources and real estate development.
"Cyprus is emerging as a reliable and attractive partner for quality and strategic investments," Letymbiotis concluded.
Meeting between @presidentCYP @Christodulides and the founder, Chairman, and CEO of Fairfax, Mr. Prem Watsa, in Toronto, Canada.
— Λετυμπιώτης Κων/νος (@letymbiotis) September 19, 2025
Fairfax is one of the most important international investors with an active presence in Cyprus, as the main shareholder of Eurobank, which recently… pic.twitter.com/D79Y86050F
(Sources: CNA, X)
