Cyprus continues to attract technology investment, as U.S. artificial intelligence firm TKI expands into Europe, the Middle East and Africa through its merger with Hybrid ConsulTech, now operating as TKI EMEA.

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The move was officially welcomed by Invest Cyprus, the national investment promotion agency, which hailed the development as “a significant milestone in Cyprus’s growing AI market.”

According to Marios Tannousis, CEO of Invest Cyprus, the arrival of TKI underscores the country’s strategic location, business-friendly environment, and highly skilled talent pool. “The combination of global expertise and regional insight will foster further innovation and growth while deepening business ties between Cyprus and the United States,” he said.

Tannousis added that Cyprus continues to position itself as a gateway to the EU, the Middle East, and Africa, making it an attractive base for technology companies looking to serve diverse markets.

Thomas Gamble, Partner and Group CEO of TKI, described Cyprus as “an emerging innovation hub and a bridge between three continents.” He emphasized the company’s commitment to investing in local talent and collaborating with strategic partners like Invest Cyprus to advance innovation across the region.

Monica Ioannidou Polemitis, Partner and Managing Director of TKI EMEA, highlighted that Cyprus provides a flexible and dynamic platform for business technology operations. “This expansion confirms the country’s steady growth trajectory as a regional leader. We look forward to leveraging the supportive ecosystem to accelerate the delivery of AI and data intelligence solutions across the EMEA region,” she noted.