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12° Nicosia,
14 June, 2026
 

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Displaying results 1-30 of 685 matches for query Revenue.

1. Deutsche Bank sees Greek banks as takeover targets, with Bank of Cyprus in view

https://knews.kathimerini.com.cy/en/business/deutsche-bank-sees-greek-banks-as-takeover-targets-with-bank-of-cyprus-in-view

Greek banks are attractive targets for mergers and acquisitions, according to Deutsche Bank, with Eurobank and Piraeus Bank standing out in particular. The bank also suggests that Bank of Cyprus could be a potential target for National Bank of Greece....

2. Cyprus sees one of Europe’s highest rates of illicit cigarette use

https://knews.kathimerini.com.cy/en/news/cyprus-sees-one-of-europe-s-highest-rates-of-illicit-cigarette-use

Cyprus ranked among the European countries with the highest share of illicit cigarette consumption in 2025, according to findings presented this week at a conference in Brussels focused on illegal trade and security challenges across Europe....

3. Israeli tourism collapse weighs heavily on Cyprus revenue in March

https://knews.kathimerini.com.cy/en/news/israeli-tourism-collapse-weighs-heavily-on-cyprus-revenue-in-march

A dramatic decline in visitors from Israel was a major factor behind a steep drop in Cyprus tourism revenue during March, according to new figures released by the Statistical Service....

4. Freedom Holding Corp. reports record revenue and doubles net profit in FY2026

https://knews.kathimerini.com.cy/en/business/freedom-holding-corp-reports-record-revenue-and-doubles-net-profit-in-fy2026

Freedom Holding Corp., the parent company of Freedom24, has reported record revenue and doubled its net profit for the 2026 fiscal year, which ended on 31 March 2026. The results were published on 1 June....

5. US missile strike disables cargo ship attempting to breach Iran blockade

https://knews.kathimerini.com.cy/en/news/us-missile-strike-disables-cargo-ship-attempting-to-breach-iran-blockade

The United States military says it has taken action against a merchant vessel that attempted to enter an Iranian port despite restrictions imposed under Washington's maritime blockade....

6. University of Cyprus launches first English-language degree program

https://knews.kathimerini.com.cy/en/news/university-of-cyprus-launches-first-english-language-degree-program

The first English-language undergraduate program of the University of Cyprus is finally taking shape, albeit with some delay, following approval by the Council of Ministers. ...

7. Prudently & sparingly

https://knews.kathimerini.com.cy/en/comment/opinion/prudently-sparingly

The fact that the Cypriot economy is showing growth does not mean the government should be handing out money freely to everyone....

8. Cyprus shipping booms as industry hits 25-year high

https://knews.kathimerini.com.cy/en/business/cyprus-shipping-booms-as-industry-hts-25-year-high

Cyprus’ shipping industry is reaching new highs, with the country strengthening its position as one of the world’s major maritime hubs at a time when global trade and regional instability continue reshaping international shipping routes....

9. Cyprus hotels brace for tough summer as Middle East tensions hit tourism

https://knews.kathimerini.com.cy/en/business/cyprus-hotels-brace-for-tough-summer-as-middle-east-tensions-hit-tourism

A difficult summer season is shaping up for Cyprus’ hotel industry, as uncertainty caused by the geopolitical turmoil in the Middle East is dampening people’s appetite for travel and holidays....

10. Deloitte launched the 5th edition of the Middle East & Cyprus Technology Fast 50, celebrating a new generation of regional tech champions across the region

https://knews.kathimerini.com.cy/en/business/deloitte-launched-the-5th-edition-of-the-middle-east-cyprus-technology-fast-50-celebrating-a-new-generation-of-regional-tech-champions-across-the-region

Deloitte Middle East has announced the results of the 5th edition of its Technology Fast 50 programme, celebrating the fastest-growing technology companies across Cyprus and the Middle East, and spotlighting the founders shaping the region’s future....

11. CIA doubts Iran is close to collapse despite Trump claims war may soon end

https://knews.kathimerini.com.cy/en/business/cia-doubts-iran-is-close-to-collapse-despite-trump-claims-war-may-soon-end

A classified CIA assessment delivered to the US government this week has concluded that Iran could withstand a US naval blockade for at least three to four months before facing more serious economic strain, according to multiple US officials cited by The Washington Post....

12. Eurobank Cyprus earnings take a hit despite €103 million quarterly profit

https://knews.kathimerini.com.cy/en/business/eurobank-cyprus-earnings-take-a-hit-despite-€103-million-quarterly-profit

Eurobank reported a profit of €103 million in Cyprus during the first three months of 2026, even as earnings on the island fell compared to last year amid lower European interest rates and growing international uncertainty....

13. A new wave of European instability

https://knews.kathimerini.com.cy/en/comment/opinion/a-new-wave-of-european-instability

Eleven countries are running deficits above 3%, with Romania, Poland, Belgium and France posting the weakest figures. Cyprus, Denmark, Ireland, Greece and Portugal remain among the surplus countries....

14. Cyprus preparing to make speed camera vans easier to spot

https://knews.kathimerini.com.cy/en/news/cyprus-preparing-to-make-speed-camera-vans-easier-to-spot

Drivers in Cyprus may soon start seeing flashing beacons on mobile speed camera vans after parliament approved a controversial change aimed at shifting the focus from punishment to prevention....

15. Wizz Air and HTS launch disruption assistance, supporting passengers from delays starting at two hours

https://knews.kathimerini.com.cy/en/business/wizz-air-and-hts-launch-disruption-assistance-supporting-passengers-from-delays-starting-at-two-hours

Wizz Air, a leading airline in Central and Eastern Europe, and HTS, a leading global travel technology platform, today announced a partnership to integrate a new solution to help customers navigate disruptions on wizzair.com and the Wizz Air app. ...

16. Cyprus economy still growing, but cracks may be starting to show

https://knews.kathimerini.com.cy/en/business/cyprus-economy-still-growing-but-cracks-may-be-starting-to-show

Cyprus’ economy continues to show steady growth, underlining its flexibility and resilience in the face of external shocks such as the ongoing Russia-Ukraine war and recent conflicts in the Middle East....

17. Cyprus government offers 72-month tax debt plan as billions in old debts loom

https://knews.kathimerini.com.cy/en/news/cyprus-government-offers-72-month-tax-debt-plan-as-billions-in-old-debts-loom

The government is rolling out a new 72-installment plan to help individuals and businesses settle long-standing debts to the tax office and social security funds, in one of its biggest debt restructuring moves in years....

18. This time, let’s measure corruption

https://knews.kathimerini.com.cy/en/comment/opinion/this-time-let-s-measure-corruption

Corruption in a state carries real costs. It slows growth, erodes trust, and ultimately weakens the quality of democracy citizens experience....

19. Limassol building collapse exposes longstanding building safety risks

https://knews.kathimerini.com.cy/en/news/limassol-building-collapse-exposes-longstanding-building-safety-risks

A recent building collapse in Limassol that killed two people and injured three others has brought renewed attention to the dangers posed by aging and poorly maintained buildings....

20. Europe’s energy shock is Cyprus’ opportunity

https://knews.kathimerini.com.cy/en/comment/opinion/europe-s-energy-shock-is-cyprus-opportunity

The crisis triggered in Europe by Russia’s invasion of Ukraine stands as the most severe since the 1970s. It was driven largely by Europe’s heavy dependence on Russian natural gas, which disrupted about 45% of demand....

21. EU faces €459 billion budget gap while member states clash over spending priorities

https://knews.kathimerini.com.cy/en/business/eu-faces-€459-billion-budget-gap-while-member-states-clash-over-spending-priorities

The European Commission has placed the 27 member states before what it calls a “fiscal trilemma,” centered on the new European budget under discussion for the seven-year period 2028–2034, which is dividing partners during the energy crisis....

22. Fuel prices set to drop Saturday after last-minute delay

https://knews.kathimerini.com.cy/en/news/fuel-prices-set-to-drop-saturday-after-last-minute-delay

A long-awaited reduction in fuel taxes meant to ease pressure on households will not begin Thursday as originally planned but instead take effect at midnight on April 4, giving fuel companies time to adjust prices before motorists see the savings....

23. Government licenses Rock of Aphrodite as premium ad space

https://knews.kathimerini.com.cy/en/life/government-licenses-rock-of-aphrodite-as-premium-ad-space

In a move officials are calling “innovative and mildly inevitable,” a Cyprus ministry has announced that the famed Rock of Aphrodite, long associated with myth and postcards your aunt keeps sending you, has officially been licensed as advertising space....

24. Cablenet Powers Up: Giga Internet, 5G Unlimited and HBO Signal a New Era for Cyprus Connectivity

https://knews.kathimerini.com.cy/en/news/cablenet-powers-up-giga-internet-5g-unlimited-and-hbo-signal-a-new-era-for-cyprus-connectivity

Cablenet Communication Systems PLC has recently announced its financial results for the year ended 31 December 2025, reporting revenue of €69.7 million....

25. Several major airlines have cut flights as fuel costs soar

https://knews.kathimerini.com.cy/en/business/several-major-airlines-have-cut-flights-as-fuel-costs-soar

Major airlines around the world are canceling flights as the ongoing conflict in Iran drives oil prices to historic highs, forcing carriers to rethink operations and route schedules....

26. Government prepares energy relief measures as crisis reaches households

https://knews.kathimerini.com.cy/en/business/government-prepares-energy-relief-measures-as-crisis-reaches-households

The energy crisis triggered by the war in the Middle East has now reached the doorstep of every Cypriot household. Like other European governments, Cyprus is one step away from rolling out measures aimed at tackling soaring energy costs and the wider cost-of-living squeeze....

27. OnlyFans owner Leonid Radvinsky dies at 43 after cancer battle

https://knews.kathimerini.com.cy/en/business/onlyfans-owner-leonid-radvinsky-dies-at-43-after-cancer-battle

Leonid Radvinsky, the billionaire owner of the adult content platform OnlyFans, has died after a long battle with cancer, the company announced Monday. He was 43....

28. University of Cyprus racing to launch first English-language undergraduate program in 2026

https://knews.kathimerini.com.cy/en/news/university-of-cyprus-racing-to-launch-first-english-language-undergraduate-program-in-2026

The University of Cyprus is working against the clock to offer its first English-language undergraduate program starting with the 2026 academic year. ...

29. Fuel prices set to rise again as war-driven costs mount

https://knews.kathimerini.com.cy/en/news/fuel-prices-set-to-rise-again-as-war-driven-costs-mount

Another jump in fuel prices appears inevitable for Cyprus, the head of the island’s gas station association warned Thursday, as global tensions continue to push energy costs higher....

30. Cyprus urged to prepare for economic fallout from Iran tensions

https://knews.kathimerini.com.cy/en/news/cyprus-urged-to-prepare-for-economic-fallout-from-iran-tensions

Cyprus may soon start feeling the economic fallout from rising tensions involving Iran, with the country’s Fiscal Council warning that global developments could translate into higher prices and fresh pressure on households and businesses at home....

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