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| Investment agency overview | |
|---|---|
| Jurisdiction | Government of Cyprus |
| Headquarters | Nicosia, Cyprus |
| Investment agency executive |
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| Website | www |
The Cyprus Investment Promotion Agency (CIPA) is the national investment promotion agency of Cyprus with the mandate to enhance the nation's investment appeal abroad.
In 2017, the real estate, shipping and tourism industries are the priority sectors in CIPA's action plan for investment promotion, but there is increasing focus on developing a nascent energy sector. [1] [ non-primary source needed ]
The economy of Cyprus is a high-income economy as classified by the World Bank, and was included by the International Monetary Fund in its list of advanced economies in 2001. Cyprus adopted the euro as its official currency on 1 January 2008, replacing the Cypriot pound at an irrevocable fixed exchange rate of CYP 0.585274 per €1.
Renewable energy is energy from renewable natural resources that are replenished on a human timescale. The most widely used renewable energy types are solar energy, wind power, and hydropower. Bioenergy and geothermal power are also significant in some countries. Some also consider nuclear power a renewable power source, although this is controversial. Renewable energy installations can be large or small and are suited for both urban and rural areas. Renewable energy is often deployed together with further electrification. This has several benefits: electricity can move heat and vehicles efficiently and is clean at the point of consumption. Variable renewable energy sources are those that have a fluctuating nature, such as wind power and solar power. In contrast, controllable renewable energy sources include dammed hydroelectricity, bioenergy, or geothermal power.
The United Nations Industrial Development Organization (UNIDO) is a specialized agency of the United Nations that assists countries in economic and industrial development. It is headquartered at the UN Office in Vienna, Austria, with a permanent presence in over 60 countries. As of October 4,2024, UNIDO comprises 173 member states, which together set the organization's policies, programs, and principles through the biannual General Conference.
The International Energy Agency (IEA) is a Paris-based autonomous intergovernmental organization, established in 1974, that provides policy recommendations, analysis and data on the global energy sector. The 31 member countries and 13 association countries of the IEA represent 75% of global energy demand.
Natural ResourcesCanada is the department of the Government of Canada responsible for natural resources, energy, minerals and metals, forests, earth sciences, mapping, and remote sensing. It was formed in 1994 by amalgamating the Department of Energy, Mines and Resources with the Department of Forestry.
The Minister for Climate, Environment and Energy is a senior minister in the Government of Ireland and leads the Department of Climate, Environment and Energy.
CIPA or variation, may stand for:
The KfW, which together with its subsidiaries DEG, KfW IPEX-Bank and FuB forms the KfW Bankengruppe, is a German state-owned investment and development bank, based in Frankfurt. As of 2014, it is the world's largest national development bank and as of 2018 Germany's third largest bank by balance sheet. Its name originally comes from Kreditanstalt für Wiederaufbau. It was formed in 1948 after World War II as part of the Marshall Plan.
Scottish Enterprise is a non-departmental public body of the Scottish Government which encourages economic development, enterprise, innovation, international and investment in business. The body covers the eastern and central parts of Scotland whilst similar bodies, Highlands and Islands Enterprise and South of Scotland Enterprise, operate in north-western and southern Scotland, respectively.
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Mercuria Energy Group Ltd. is a Cypriot-domiciled Swiss multinational commodity trading company active in a wide spectrum of global energy markets including crude oil and refined petroleum products, natural gas, power, biodiesel, base metals and agricultural products. The company is one of the world's five largest independent energy traders and asset operators and is based in Geneva, Switzerland, with 37 additional offices worldwide. The group operates in 50 countries.
Renewable energy law is a particular kind of energy law, and relates primarily to the transactional legal and policy issues that surround the development, implementation, and commercialization of renewable sources of energy, such as solar, wind, geothermal and tidal. Renewable energy, (RE) law also relates to the land use, siting, and finance issues encountered by developers of renewable energy projects.
China Investment Promotion Agency is the investment promotion agency of the People's Republic of China. It is in charge of inviting in and going global. Two-way investment promotion works in line with China's economic strategies and is engaged in cooperation with international economic organizations, foreign investment promotion agencies, chambers of commerce and business associations on behalf of the Ministry of Commerce. CIPA is part of the Ministry of Commerce of the PRC.
The Ghana Investment Promotion Centre commonly known as (GIPC) is the Government of Ghana agency established to encourage, promote and facilitate investments in all sectors of the economy of Ghana except mining and petroleum which are handled by the Ghana Chamber of Mines and the Ghana National Petroleum Corporation.
Harris Georgiades is a Greek Cypriot economist and politician. He was pivotal in the successful implementation of the economic reform plan for Cyprus and its successful conclusion in 2016.
Agence des participations de l'État, created in 2004 under the government of Jean-Pierre Raffarin, is the French agency responsible for managing the State's shareholdings in companies of strategic importance. As of 2022, APE has €732.514 billion worth of assets under management, which includes investments in companies involved in energy, industry, defence, transport, communication and finance, among others.
A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct control. Broadly, foreign direct investment includes "mergers and acquisitions, building new facilities, reinvesting profits earned from overseas operations, and intra company loans". FDI is the sum of equity capital, long-term capital, and short-term capital as shown in the balance of payments. FDI usually involves participation in management, joint-venture, transfer of technology and expertise. Stock of FDI is the net cumulative FDI for any given period. Direct investment excludes investment through purchase of shares.
Panos Costa Panay is a Greek American business executive. He leads Amazon’s consumer electronics business, which includes Alexa, Echo, Kindle, Fire TV, Fire tablets, Ring, eero, Blink, and the Amazon Appstore—as well as future looking initiatives such as Zoox autonomous vehicles, and Project Kuiper, which seeks to increase global broadband access with a constellation of satellites. He is the creator of the Microsoft Surface line of premium devices and the Windows 11 operating system. He was the chief product officer of Microsoft, where he oversaw the company's Windows and Devices division. He led the vision and strategy for Windows + Devices, which included the development and design of Windows and Windows 365, the development, design, supply chain, and manufacturing of Microsoft hardware, including Microsoft Surface and Mixed Reality devices, as well as the creation of EDU products and features. He announced that he was leaving Microsoft on September 18, 2023.
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Dubai Investment Fund (DIF) is an independent international asset and investment management company headquartered in Dubai, United Arab Emirates.
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