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12° Nicosia,
13 April, 2026
 

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Displaying results 1-30 of 666 matches for query Revenue.

1. 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....

2. 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....

3. 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....

4. 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....

5. 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....

6. 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....

7. 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....

8. 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....

9. 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. ...

10. 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....

11. 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....

12. War’s ripple effect reaches Cyprus tourism

https://knews.kathimerini.com.cy/en/business/war-s-ripple-effect-reaches-cyprus-tourism

A negative climate is developing in Cyprus’s tourism sector during the spring season as the ongoing conflict in the Middle East begins to affect the country. Early signs show a slowdown in bookings and an increase in cancellations....

13. UEFA under fire: Could Israel be kicked out of European football?

https://knews.kathimerini.com.cy/en/news/uefa-under-fire-could-israel-be-kicked-out-of-european-football

UEFA is suddenly facing more than just match-day drama, it’s caught in a political storm. Swiss lawmakers are now questioning why Europe’s football boss hasn’t taken action against Israel,...

14. Cyprus moves to protect tourism as Government counters travel advisories

https://knews.kathimerini.com.cy/en/news/cyprus-moves-to-protect-tourism-as-government-counters-travel-advisories

Tourism stakeholders in Cyprus will need to work hard in the coming months to prevent serious damage to the sector, which contributes more than 7 percent to the country’s GDP. ...

15. Strong year for Aegean as profits climb to €147.8 million

https://knews.kathimerini.com.cy/en/news/strong-year-for-aegean-as-profits-climb-to-€147-8-million

AEGEAN announces its operating and financial results for fiscal year 2025, confirming its consistent growth path....

16. BOC eyes strategic acquisitions in insurance, asset management and fintech

https://knews.kathimerini.com.cy/en/business/boc-eyes-strategic-acquisitions-in-insurance-asset-management-and-fintech

Bank of Cyprus says it is keeping a close watch for potential acquisitions that could add value to the group, focusing on three main areas: insurance, asset management and fintech....

17. Trump delivers longest State of the Union in US history

https://knews.kathimerini.com.cy/en/news/trump-delivers-longest-state-of-the-union-in-us-history

President Donald Trump set a record Tuesday night, delivering the longest State of the Union address in U.S. history....

18. Cyprus executes most of 2025 budget as revenues trail borrowing drop

https://knews.kathimerini.com.cy/en/business/cyprus-executes-most-of-2025-budget-as-revenues-trail-borrowing-drop

Cyprus carried out most of its 2025 state budget as planned, according to a Treasury report released Tuesday. The government collected about 87% of the revenue it had budgeted and spent roughly 92% of what it had planned....

19. Supermarket sales surge as shoppers keep spending

https://knews.kathimerini.com.cy/en/business/supermarket-sales-surge-as-shoppers-keep-spending

Cyprus’ supermarket sector closed out 2025 on a strong note, underscoring its resilience even in a fiercely competitive market....

20. 16 years for one case: Audit exposes shocking delays at Land Department

https://knews.kathimerini.com.cy/en/news/16-years-for-one-case-audit-exposes-shocking-delays-in-land-department

Serious systemic problems are undermining how state land is managed and how property rights are protected, according to a new special report by the Audit Office of Cyprus examining the Department of Lands and Surveys....

21. Cigarette prices could soar to €7.50, smuggling set to spike

https://knews.kathimerini.com.cy/en/news/cigarette-prices-could-soar-to-€7-50-smuggling-set-to-spike

Cigarette smokers in Cyprus may soon feel a heavier pinch in their wallets if proposed European tax changes go ahead, industry officials warned this week....

22. Freedom Holding Corp. reports $1.7 billion in revenue for 9 months of FY2026

https://knews.kathimerini.com.cy/en/news/freedom-holding-corp-reports-$1-7-billion-in-revenue-for-9-months-of-fy2026

Freedom Holding Corp., the parent company of Freedom24, has announced its financial results for the third quarter of fiscal year 2026, which ended on December 31, 2025. For the third quarter and nine-month period ended December 31, 2025, Freedom Holding Corp. delivered resilient operating results across its diversified financial services businesses....

23. Cyprus plans to deliver 244 affordable new homes by year’s end

https://knews.kathimerini.com.cy/en/news/cyprus-plans-to-deliver-244-affordable-new-homes-by-year-s-end

The Cyprus Land Development Organization (KOAG) expects to deliver 244 new homes across the island by the end of 2026, the agency’s general director, Eleni Symeonidou, told lawmakers Monday during a parliamentary review of the organization’s budget....

24. New generators for Dhekelia now expected in 2030

https://knews.kathimerini.com.cy/en/news/new-generators-for-dhekelia-now-expected-in-2030

Plans to upgrade the Dhekelia power station have been pushed back again, with the Electricity Authority of Cyprus (EAC) now saying the three new generation units intended for the site are unlikely to arrive before 2030....

25. EU warns TikTok is designed to be addictive, and that could be illegal

https://knews.kathimerini.com.cy/en/news/eu-warns-tiktok-is-designed-to-be-addictive-and-that-could-be-illegal

The European Union is taking aim at the way TikTok is built, warning that the app’s design appears to push users into compulsive scrolling and may violate EU law....

26. Cyprus welcomed 4.5 million tourists in 2025, most ever in a single year

https://knews.kathimerini.com.cy/en/business/cyprus-welcomed-4-5-million-tourists-in-2025-most-ever-in-a-single-year

Cyprus welcomed a record-breaking 4.53 million visitors in 2025, marking the most successful year in the island’s tourism history. ...

27. Elon Musk takes AI to space, merges xAI with SpaceX

https://knews.kathimerini.com.cy/en/news/elon-musk-takes-ai-to-space-merges-xai-with-spacex

Elon Musk is combining two of his biggest private ventures in a move that could reshape the future of artificial intelligence and put it literally out of this world....

28. Cyta posts €85 million profit as digital infrastructure investments accelerate

https://knews.kathimerini.com.cy/en/business/cyta-posts-€85-million-profit-as-digital-infrastructure-investments-accelerate

Cyprus’ state-owned telecommunications provider Cyta reported a sharp rise in profits in 2025 and outlined an ambitious new round of infrastructure investments as it presented its 2026 budget to Parliament on Monday....

29. Cyprus casinos brace for new competition from Greece and UAE

https://knews.kathimerini.com.cy/en/business/cyprus-casinos-brace-for-new-competition-from-greece-and-uae

Cyprus’ casino industry is bracing for new competition, with upcoming casinos in Greece and the United Arab Emirates expected to shake up the local market, officials said Thursday....

30. Protected forests, questionable leases and lost millions

https://knews.kathimerini.com.cy/en/news/protected-forests-questionable-leases-and-lost-millions

A string of inconsistencies in how state-owned forest land is leased and managed has been uncovered by the Auditor General of the Republic of Cyprus, raising fresh questions about oversight, environmental protection, and lost public revenue....

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