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12° Nicosia,
01 July, 2025
 

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Displaying results 1-30 of 3789 matches for query increase.

1. Eurobank eyes dual listing on Cyprus and Athens stock exchanges after Hellenic Bank exit

https://knews.kathimerini.com.cy/en/business/eurobank-eyes-dual-listing-on-cyprus-and-athens-stock-exchanges-after-hellenic-bank-exit

Greece’s Eurobank is considering listing its shares on the Cyprus Stock Exchange (CSE), just as Hellenic Bank prepares to officially delist on June 30, 2025, sealing a €1.3 billion investment deal that signals strong faith in the Cypriot economy....

2. Cyprus government posts €551M budget surplus in first five months of 2025

https://knews.kathimerini.com.cy/en/news/cyprus-government-posts-€551m-budget-surplus-in-first-five-months-of-2025

Cyprus continues to keep its public finances in check, reporting a general government surplus of €551.2 million for the first five months of 2025, slightly higher than the €542.6 million recorded during the same period last year. ...

3. S&P Global Ratings upgrades Freedom24 outlook to positive, citing stronger risk management

https://knews.kathimerini.com.cy/en/business/s-p-global-ratings-upgrades-freedom24-outlook-to-positive-citing-stronger-risk-management

S&P Global Ratings has revised its outlook on Freedom Finance Europe Ltd., operating under the Freedom24 brand, from stable to positive, while affirming its 'B+/B' long- and short-term issuer credit ratings....

4. Watches, engagement ring stolen from Ayia Napa beach

https://knews.kathimerini.com.cy/en/news/watches-engagement-ring-stolen-from-ayia-napa-beach

Police are urging beachgoers to take precautions against theft as visitor numbers increase at coastal areas during the summer season....

5. Forest Department links Akamas wildfires to acts of revenge

https://knews.kathimerini.com.cy/en/news/forest-department-links-akamas-wildfires-to-acts-of-revenge

The Forest Department has raised serious allegations that many wildfires in the Akamas region may be acts of arson committed in retaliation over state decisions....

6. Lawmakers propose transparency for mobile traffic cameras

https://knews.kathimerini.com.cy/en/news/lawmakers-propose-transparency-for-mobile-traffic-cameras

Lawmakers are calling for greater transparency in the use of mobile traffic cameras following criticism that the current system relies on hidden surveillance rather than public safety....

7. Cyprus greenlights work-from-home for public servants as perks keep piling up

https://knews.kathimerini.com.cy/en/news/cyprus-greenlights-work-from-home-for-public-servants-as-perks-keep-piling-up

Just when complaints over an oversized and well-paid public sector haven’t died down, the government is moving to give civil servants the option to work from home, at least part of the time....

8. Freedom Holding Corp. reports 23% revenue growth for FY2025, driven by strong performance across brokerage and insurance segments

https://knews.kathimerini.com.cy/en/business/1-freedom-holding-corp-reports-23-revenue-growth-for-fy2025-driven-by-strong-performance-across-brokerage-and-insurance-segments

Freedom Holding Corp. (FRHC), a diversified financial services firm and the founder of Freedom24, has announced its financial results for the fiscal year ended 31 March 2025. ...

9. 41°C highs prompt yellow weather warning

https://knews.kathimerini.com.cy/en/news/41°c-highs-prompt-yellow-weather-warning

A yellow weather warning is in place today as temperatures climb to a blistering 41°C inland....

10. Cyprus returns to three systemic banks after Alpha Bank Cyprus-AstroBank deal

https://knews.kathimerini.com.cy/en/business/cyprus-returns-to-three-systemic-banks-after-alpha-bank-cyprus-astrobank-deal

Cyprus is set to have three systemic banks again after Alpha Bank Cyprus signed a final agreement to acquire most of AstroBank’s assets and liabilities. The deal was officially signed Tuesday, June 24, 2025....

11. Trump raises eyebrows by sharing NATO chief's praise for Iran strikes

https://knews.kathimerini.com.cy/en/news/trump-raises-eyebrows-by-sharing-nato-chief-s-praise-for-iran-strikes

Former U.S. President Donald Trump ignited fresh controversy Tuesday by publicly posting what appeared to be private messages from NATO Secretary-General Mark Rutte, praising him for his military strikes on Iran and tough stance on defense spending....

12. Cyprus opens electricity market to competition on October 1st

https://knews.kathimerini.com.cy/en/news/cyprus-opens-electricity-market-to-competition-on-october-1st

Cyprus is preparing to open its long-awaited competitive electricity market, with officials hopeful the move will finally bring down energy costs for households and businesses....

13. Alarming gaps leave children vulnerable to abuse in sports

https://knews.kathimerini.com.cy/en/news/alarming-gaps-leave-children-vulnerable-to-abuse-in-sports

Recent reports have once again brought to light cases of sexual abuse and exploitation of children in sports, along with a lack of coordination among the responsible authorities....

14. Cyprus’ e-kalathi falls flat, says consumer group

https://knews.kathimerini.com.cy/en/news/cyprus-e-kalathi-falls-flat-says-consumer-group

It was launched as a tool to help consumers navigate rising prices and shop smarter. But just one week in, Cyprus’ much-hyped e-kalathi platform is facing harsh criticism, and not just from shoppers....

15. UN: Violence against children in war hits ‘unprecedented levels’ in 2024

https://knews.kathimerini.com.cy/en/news/un-violence-against-children-in-war-hits-‘unprecedented-levels-in-2024

Violence against children in armed conflicts surged to record highs in 2024, with the Palestinian territories topping the list, according to a United Nations report released Thursday....

16. Huge viper climbs to top shelf in Cyprus warehouse

https://knews.kathimerini.com.cy/en/news/huge-viper-climbs-to-top-shelf-in-cyprus-warehouse

A venomous viper caused alarm after it was found inside a warehouse in Fasoula, having climbed to the highest shelf in the building, according to a local snake rescue expert....

17. Larnaca on the rise as new homes fuel real estate boom

https://knews.kathimerini.com.cy/en/news/larnaca-on-the-rise-as-new-homes-fuel-real-estate-boom

Larnaca is quickly becoming one of Cyprus’ hottest property markets, with demand and prices for newly built homes climbing sharply in early 2025....

18. Freedom Holding Corp. reports 23% revenue growth for FY2025, driven by strong performance across brokerage and insurance segments

https://knews.kathimerini.com.cy/en/news/freedom-holding-corp-reports-23-revenue-growth-for-fy2025-driven-by-strong-performance-across-brokerage-and-insurance-segments

Freedom Holding Corp. (FRHC), a diversified financial services firm and the founder of Freedom24, has announced its financial results for the fiscal year ended 31 March 2025. ...

19. Trump to decide on Iran strikes within two weeks as conflict escalates

https://knews.kathimerini.com.cy/en/news/trump-to-decide-on-iran-strikes-within-two-weeks-as-conflict-escalates

President Donald Trump is expected to decide on potential military strikes against Iran within two weeks, the White House said Wednesday, amid ongoing regional tensions....

20. Two fuel importers raise prices in Cyprus with others expected to follow suit within days

https://knews.kathimerini.com.cy/en/business/two-fuel-importers-raise-prices-in-cyprus-with-others-expected-to-follow-suit-within-days

Fuel prices in Cyprus began rising Wednesday, marking the first increases since the recent escalation of tensions between Iran and Israel, the head of the Cyprus Fuel Station Owners’ Association said....

21. Alpha Bank Cyprus to acquire Astrobank in €200 million deal

https://knews.kathimerini.com.cy/en/business/alpha-bank-to-acquire-astrobank-in-€200-million-deal

Alpha Bank Cyprus will acquire the entire operations of Astrobank, excluding €15 million in non-performing loans, in a deal set to be signed Friday, June 20....

22. Cyprus salaries rise by 13% over two years, Labour Minister says

https://knews.kathimerini.com.cy/en/business/cyprus-salaries-rise-by-13-over-two-years-labour-minister-says

Average salaries in Cyprus have risen by 13% over the past two years, reaching approximately €2,500, Minister of Labour and Social Insurance Yiannis Panayiotou announced Wednesday, citing recent Eurostat data....

23. Denmark deploys robotic sailboats for Baltic and North Sea surveillance

https://knews.kathimerini.com.cy/en/news/denmark-deploys-robotic-sailboats-for-baltic-and-north-sea-surveillance

Denmark’s military has launched a trial using four uncrewed robotic sailboats, called “Voyagers,” to boost surveillance in the Baltic and North Seas amid rising maritime tensions. ...

24. Cyprus lawmakers end auctions for Turkish Cypriot homes

https://knews.kathimerini.com.cy/en/news/cyprus-lawmakers-end-auctions-for-turkish-cypriot-homes

The Parliamentary Refugee Committee has moved to end the practice of auctioning Turkish Cypriot homes, reaffirming that such properties should be reserved strictly for displaced persons' primary residences....

25. ECB poised for fall rate decision as growth, tariffs, and inflation weigh in

https://knews.kathimerini.com.cy/en/business/ecb-poised-for-fall-rate-decision-as-growth-tariffs-and-inflation-weigh-in

The European Central Bank will reassess its interest rate policy this fall, weighing whether additional cuts are necessary after a recent series of reductions brought its main rate to 2%, with inflation easing to 1.9%....

26. Cyprus on high alert as regional tensions escalate

https://knews.kathimerini.com.cy/en/news/cyprus-on-high-alert-as-regional-tensions-escalate

Following Israeli missile strikes on Iran, Cyprus has raised its security posture and is preparing to serve as a humanitarian bridge between East and West....

27. 78 dead in Israeli strikes on Iran, dozens wounded as tensions continue to escalate

https://knews.kathimerini.com.cy/en/news/78-dead-in-israeli-strikes-on-iran-dozens-wounded-as-tensions-continue-to-escalate

At least 78 people were killed and more than 320 injured after Israel launched a sweeping series of airstrikes across Iran early Friday, targeting nuclear and military facilities in what officials described as a response to Tehran’s continued threats and regional aggression....

28. Cypriots brace for impact as fuel prices set to jump after Mideast strikes

https://knews.kathimerini.com.cy/en/news/cypriots-brace-for-impact-as-fuel-prices-set-to-jump-after-mideast-strikes

Drivers in Cyprus may soon feel a serious pinch at the pump, as fuel prices are expected to rise significantly in the coming days following Israel’s military strike on Iran and the resulting spike in global oil prices....

29. EAC now requests 3% hike, sparing consumers steeper 7.5% increase

https://knews.kathimerini.com.cy/en/business/eac-now-requests-3-hike-sparing-consumers-steeper-7-5-increase

Consumers in Cyprus may soon see a 3% rise in their electricity bills, after the Electricity Authority of Cyprus (EAC) announced Tuesday it will request a modest rate increase from the Cyprus Energy Regulatory Authority (CERA)....

30. No tender, no permits, no problem

https://knews.kathimerini.com.cy/en/business/no-tender-no-permits-no-problem

A construction project meant to modernize part of Cyprus’ local government system is under fire after the Auditor General uncovered a series of irregularities, from bypassing public tenders to starting work without building permits or signed contracts....

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