GOLD New Issue: The Limassol Issue
07:00 - 14 June 2025

In the new issue of GOLD (available here), on newsstands from Sunday, 15 June, we feature Limassol, a place that has become synonymous with transformation, ambition and dynamism.
Since the turn of the 21st century, Limassol has undergone a profound evolution. Once a quiet coastal town, it now stands as a thriving regional hub for commerce, shipping, tourism and technology. Today, it is indisputably the beating heart of Cyprus’ economic activity – pulsing with entrepreneurial spirit and shaped by international influence. President Nikos Christodoulides recently described Limassol as “proof that Cyprus can look to the future with optimism” and called it “the soul of economic progress and development.” Speaking at a presentation of the Government’s comprehensive development strategy for the district, he referred to projects and interventions worth more than €660 million. These investments aim not only to reinforce the city’s infrastructure but to unlock its long-term potential. Still, this rapid ascent has brought significant challenges. While Limassol’s economy is robust, the city still lacks some of the defining features of truly global capitals, which ensure that prosperity is shared across communities. In many ways, Limassol has already become a great city but can it become a truly exceptional one – a place that people not only work in but dream of calling home? A place to raise families, build lives and return to again and again? To reach that stage, it seems that Limassol needs to transition from a city of opportunity to one of vision. In this cover story, industry professionals share their perspective on the current landscape of their particular sectors and the future they envision, while millennial entrepreneurs and expatriates who have chosen Limassol as the base for their ventures share their own unique views. Through them, we gain a glimpse of the city’s many layers and are offered a chance to consider what lies ahead.
- Yiannis Armeftis
- Andreas Tsouloftas
- Petr Valov
- Tanya Romanyukha
- Andrey Ivashentsev and Tim Fadeev
- Polys V. Hajioannou
- Yiannis Misirlis
- George Themistocleous
- Richard Melton
- Vasos Demetriades
- Louiza Protopapa
- Christos Tsanos
Special Features:
- The Limassol Issue
- Shipping-related Services in Limassol
Exclusive interviews & features:
- Mutual Respect, Shared Values and Interests - Yousef Sultan Laram, Ambassador of Qatar to Cyprus
- Licence to Scale - Giorgos Zacharia, co-CEO of Insurify
- GenAI Comes of Age – Menicos Mavrommatis, IBM Technology Lead for Cyprus & Malta
- 17th IN Business Awards - Eight pages of photos from last month’s awards ceremony
- Invest Cyprus - Photos and details of two events held in London: “Minds in Cyprus” and “Cyprus: A Gateway for Global Investments and Strategic Cooperation.”
My Way: Melina Rafti
Five Minutes With: Theo Xenakoudis
In Good Company: Tickmill
Start Me Up: HardwareX
You can download the magazine app on AppStore / GooglePlay /WebApp using the keywords GoldMagazine for Gold Magazine. You can also read the magazine online at the link https://www.magloft.com/app/goldmagazine#/shelf/view/default
All this and more in Issue 171 of GOLD magazine, out on Sunday, 15 June. Click here to read the digital edition.edition.