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12° Nicosia,
18 December, 2025
 

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Displaying results 1-30 of 729 matches for query profit.

1. Cypriot banks see lower profits but growing assets in 2025

https://knews.kathimerini.com.cy/en/business/cypriot-banks-see-lower-profits-but-growing-assets-in-2025

Cyprus’s banking sector recorded a notable decline in profitability during the first nine months of 2025, even as its balance sheet continued to expand, according to the latest data released by the Central Bank of Cyprus....

2. December Newsletter of K. Treppides & Co Ltd – 5/12/2025

https://knews.kathimerini.com.cy/en/news/december-newsletter-of-k-treppides-co-ltd-–-5-12-2025

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

3. Rage as a business model

https://knews.kathimerini.com.cy/en/comment/opinion/rage-as-a-business-model

As 2025 draws to a close, roughly ten technological behemoths, most based in the United States and some in the Far East, are not only widening the gap between the tiny share of the ultrarich and everyone else on the planet. ...

4. Netflix stuns Hollywood with $72 billion bid for Warner Bros.

https://knews.kathimerini.com.cy/en/business/netflix-stuns-hollywood-with-$72-billion-bid-for-warner-bros

Netflix shocked Hollywood on Friday, announcing a $72 billion deal to buy Warner Bros. and HBO, a move that could fuse one of the biggest streamers with one of the most iconic studios in the world....

5. Golden passport era ends, but debate rages on

https://knews.kathimerini.com.cy/en/news/golden-passport-era-ends-but-debate-rages-on

The Cyprus House of Representatives has officially pulled the plug on the controversial Cyprus Investment Program (CIP), shutting down the government’s ability to hand out citizenship to investors and their families. ...

6. Another day, another scam as Paphos woman loses €6,500 online

https://knews.kathimerini.com.cy/en/news/another-day-another-scam-as-paphos-woman-loses-€6-500-online

A 71-year-old woman in Paphos reported to police that she lost about €6,500 to an online investment scam posing as a government-backed platform....

7. New bank tax could ease the pinch on families, but who’s behind it?

https://knews.kathimerini.com.cy/en/news/new-bank-tax-could-ease-the-pinch-on-families-but-who-s-behind-it

A year after narrowly losing a vote in parliament, AKEL is back with a new proposal to impose an emergency tax on banks for 2025 and 2026, calling it a “solidarity levy” aimed at helping everyday Cypriots cope with rising costs....

8. Cyprus–Lebanon deal sets new legal line in the Eastern Med, and Ankara isn’t loving it

https://knews.kathimerini.com.cy/en/news/cyprus–lebanon-deal-sets-new-legal-line-in-the-eastern-med-and-ankara-isn-t-loving-it

When Amos Hochstein, President Biden’s go-to envoy for tough Middle East negotiations, struck the Israel–Lebanon maritime deal in late 2022, in Nicosia of all places, a window suddenly opened. ...

9. Limassol mayhem, Lebanon cheers, and kids get a say

https://knews.kathimerini.com.cy/en/comment/opinion/limassol-mayhem-lebanon-cheers-and-kids-get-a-say

Fans of AEL and Apollon came to blows, leaving chaos just a few hundred meters from Limassol’s Central Police Station. Our hooligans are evolving, much like Cyprus itself, and, apparently, only getting worse. ...

10. Fitch lifts Bank of Cyprus rating, citing stronger economy and cleaner balance sheet

https://knews.kathimerini.com.cy/en/business/fitch-lifts-bank-of-cyprus-rating-citing-stronger-economy-and-cleaner-balance-sheet

Bank of Cyprus got a financial thumbs-up from Fitch Ratings on Wednesday, with the agency upgrading the bank’s long-term rating to ‘BBB’ from ‘BBB-’ and giving its Viability Rating the same bump....

11. Ukraine edges toward U.S. peace deal as only a few disagreements remain

https://knews.kathimerini.com.cy/en/news/ukraine-edges-toward-u-s-peace-deal-as-only-a-few-disagreements-remain

Ukraine says it has reached ''common understanding'' with the United States on nearly all major parts of Washington’s 28-point peace plan, signaling that Kyiv now disagrees with only a handful of issues as negotiations accelerate across multiple capitals....

12. He thought he’d found the perfect crypto investment, but was scammed out of €50,000

https://knews.kathimerini.com.cy/en/news/he-thought-he-d-found-the-perfect-crypto-investment-but-was-scammed-out-of-€50-000

A resident of Larnaca has reported losing €50,000 to an online investment scam, according to a statement filed with the Larnaca CID’s Financial Crime Investigation Office....

13. Cyprus banks rake in over €750 million, even as rate cuts cool

https://knews.kathimerini.com.cy/en/business/cyprus-banks-rake-in-over-€750-million-even-as-rate-cuts-cool

Cyprus’ biggest banks are still posting hefty profits this year, even as the era of sky-high earnings seen in 2023 and 2024 begins to lose steam....

14. When ''ATA for All'' becomes ATA for no one

https://knews.kathimerini.com.cy/en/comment/opinion/when-ata-for-all-becomes-ata-for-no-one

And here we are. The government’s big promises and bold declarations over the Cost-of-Living Allowance (ATA) have officially run out of road. Remember when officials were preaching “ATA for all,” even pushing protesters to turn the slogan into rally signs? ...

15. Greece targets Cyprus-linked ''mailbox'' companies for tax evasion

https://knews.kathimerini.com.cy/en/business/greece-targets-cyprus-linked-mailbox-companies-for-tax-evasion

Greek tax authorities have launched a sweeping crackdown on thousands of businesses that have shifted their headquarters to Bulgaria, Romania and Cyprus while continuing to operate primarily in Greece....

16. The significance of the P-TEC Summit

https://knews.kathimerini.com.cy/en/comment/opinion/the-significance-of-the-p-tec-summit

The Partnership for Transatlantic Energy Cooperation (P-TEC) is a U.S. initiative coordinated by the Department of Energy. Its goal is to foster collaboration between Eastern European countries and the United States, focusing on energy security and the sustainability of infrastructure....

17. Bank of Cyprus posts €353 million profit in 2025 despite lower interest income

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-posts-€353-million-profit-in-2025-despite-lower-interest-income

Bank of Cyprus reported profits of €353 million for the first nine months of 2025, slightly below the €401 million earned in the same period last year but still showing solid results in a cooling economy....

18. Cyprus This Week: Banks, MOTs and tax talks stir debate

https://knews.kathimerini.com.cy/en/news/cyprus-this-week-banks-mots-and-tax-talks-stir-debate

Cyprus’ headlines this week reflect a mix of economic, labor, and public safety issues, from banks rewarding employees handsomely to questions about who is really keeping the country’s roads safe. ...

19. Cyprus considers raising family income limit in major tax reform

https://knews.kathimerini.com.cy/en/business/cyprus-considers-raising-family-income-limit-in-major-tax-reform

Finance Minister Makis Keravnos said Friday he is open to raising the family income ceiling for tax deductions to €90,000 from the proposed €80,000, noting that ''the cost is not prohibitive.''...

20. Cyprus at the center of international cryptocurrency fraud bust

https://knews.kathimerini.com.cy/en/news/cyprus-at-the-center-of-international-cryptocurrency-fraud-bust

An extensive international investigation has uncovered a large-scale criminal network involved in cryptocurrency and online gambling scams, with Cyprus playing a significant role in the operation. ...

21. President unveils major tax overhaul aimed at fairness, growth and green transition

https://knews.kathimerini.com.cy/en/news/president-unveils-major-tax-overhaul-aimed-at-fairness-growth-and-green-transition

Cyprus is rolling out the biggest tax shake-up in more than two decades, promising a fairer system that supports families, strengthens local businesses, and keeps the economy competitive....

22. Cyprus reports €29.3 billion negative net financial position, household income climbs in 2024

https://knews.kathimerini.com.cy/en/business/cyprus-reports-€29-3-billion-negative-net-financial-position-household-income-climbs-in-2024

Cyprus closed 2024 with a negative net financial position of €29.27 billion, according to new data detailing macroeconomic indicators by institutional sector....

23. Lidl extends commitment to women’s football with UEFA partnership through to 2030

https://knews.kathimerini.com.cy/en/news/lidl-extends-commitment-to-women-s-football-with-uefa-partnership-through-to-2030

Lidl, one of the leading food retailers in Germany and Europe, announces the extension of its successful UEFA partnership, continuing its ongoing journey with the UEFA Women’s National Team to 2030....

24. Lidl Cyprus strengthens the educational community through the 5th mind REset programme and focuses on sustainability

https://knews.kathimerini.com.cy/en/business/lidl-cyprus-strengthens-the-educational-community-through-the-5th-mind-reset-programme-and-focuses-on-sustainability

As part of its strategy for sustainable development and social responsibility, Lidl Cyprus successfully completed the training of teachers participating in the environmental education programme “mind REset”,...

25. €50 million could flow to consumers as Cyprus moves to tax renewable energy giants

https://knews.kathimerini.com.cy/en/news/€50-million-could-flow-to-consumers-as-cyprus-moves-to-tax-renewable-energy-giants

Cyprus is considering a controversial move to tax unexpected profits from private renewable energy companies, a measure aimed at funneling millions into programs that could ease the burden on consumers....

26. History repeats itself as a travesty

https://knews.kathimerini.com.cy/en/comment/opinion/history-repeats-itself-as-a-travesty

In the late 1980s and early 1990s, the internet revolution was just beginning, and every country was racing to connect through data cables. Cyprus decided it did not want those cables to have a landing point here to protect Cyta’s monopoly....

27. Cypriot clubs to gain as FIFA expands its $355 million World Cup payout plan

https://knews.kathimerini.com.cy/en/business/cypriot-clubs-to-gain-as-fifa-expands-its-$355-million-world-cup-payout-plan

The countdown to the 2026 World Cup has begun, and with it comes more than just a new format. For clubs around the world, including several in Cyprus, the tournament represents an unprecedented financial opportunity....

28. Together Forever Foundation

https://knews.kathimerini.com.cy/en/news/together-forever-foundation

Every child deserves to grow up healthy, to smile, and to dream. Yet, there are times when an unexpected diagnosis can change everything....

29. Bean Bar stands by Europa Donna Cyprus during breast cancer awareness month

https://knews.kathimerini.com.cy/en/business/bean-bar-stands-by-europa-donna-cyprus-during-breast-cancer-awareness-month

October is dedicated to informing and raising awareness about breast cancer, and with this in mind, Bean Bar continues to actively support women dealing with the disease. ...

30. The energy market has opened, but power prices haven’t budged

https://knews.kathimerini.com.cy/en/business/the-energy-market-has-opened-but-power-prices-haven-t-budged

A study by The Cyprus Institute, commissioned by the Ministry of Energy, suggests that electricity bills could be up to 20% lower if natural gas were used today for power generation....

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