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09 May, 2026
 

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Displaying results 1-30 of 775 matches for query profit.

1. 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....

2. Airlines slash millions of seats as fuel fears shake global travel

https://knews.kathimerini.com.cy/en/business/airlines-slash-millions-of-seats-as-fuel-fears-shake-global-travel

Airlines around the world are cutting flights, shrinking schedules, and scrambling to save fuel as growing concerns over global fuel supplies begin to hit the aviation industry. ...

3. Crypto users could now be taxed without cashing out

https://knews.kathimerini.com.cy/en/business/crypto-users-could-now-be-taxed-without-cashing-out

Crypto investors in Cyprus are entering a very different landscape this year, as new tax rules tighten the government’s grip on digital assets and close loopholes many traders had relied on for years....

4. Stelios Bi-Communal Awards for Business Co-operation in Cyprus

https://knews.kathimerini.com.cy/en/business/stelios-bi-communal-awards-for-business-co-operation-in-cyprus

For the 16th consecutive year, the Stelios Bi-Communal Awards for Business Co-operation in Cyprus reaffirm their pivotal role in strengthening bi-communal collaboration on the island by creating business opportunities and encouraging shared growth and peaceful coexistence....

5. Police warn of new crypto scam targeting investors in Cyprus

https://knews.kathimerini.com.cy/en/news/police-warn-of-new-crypto-scam-targeting-investors-in-cyprus

Authorities are warning the public about a new type of scam making the rounds in Cyprus, targeting people who have invested in cryptocurrencies and promising them easy profits....

6. Cyprus economy grows 3.8% in 2025 as spending and exports rise

https://knews.kathimerini.com.cy/en/news/1-cyprus-economy-grows-3-8-in-2025-as-spending-and-exports-rise

Cyprus’ economy kept a steady pace in 2025, with growth holding at 3.8% in real terms. In current prices, GDP rose by 4.9%....

7. 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....

8. Cyprus signals new economic support measures while reinforcing defence capabilities

https://knews.kathimerini.com.cy/en/news/cyprus-signals-new-economic-support-measures-while-reinforcing-defence-capabilities

President Nikos Christodoulides has indicated that the government is prepared to introduce additional measures to protect households from the economic effects of the ongoing crisis in the Middle East, while also reaffirming its commitment to strengthening the country’s defence....

9. 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....

10. Ayia Napa ''Run for Autism'' draws record crowds as government advances €4.5M support center

https://knews.kathimerini.com.cy/en/news/ayia-napa-run-for-autism-draws-record-crowds-as-government-advances-€4-5m-support-center

The coastal town of Ayia Napa was transformed into a vibrant hub of solidarity and sport on Sunday, as more than 4,500 runners from over 20 countries gathered for the 5th annual ''Run for Autism Half Marathon,'' a charity event that continues to grow in scale and significance....

11. Elderly man loses €254,679, duped in online investment scam

https://knews.kathimerini.com.cy/en/news/elderly-man-loses-€254-679-duped-in-online-investment-scam

Police are investigating a major online fraud case after a 79-year-old man from Larnaca was tricked into sending more than €254,000 to scammers posing as investment advisers....

12. €200M support package launched to help Cypriots weather crisis

https://knews.kathimerini.com.cy/en/news/€200m-support-package-launched-to-help-cypriots-weather-crisis

The Cypriot government rolled out an eight-part support package Monday aimed at helping households, businesses, and farmers weather the economic impact of the ongoing war in the Middle East....

13. 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....

14. 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....

15. Fuel and heating oil prices soar in Cyprus, petrol could top €2 per liter

https://knews.kathimerini.com.cy/en/news/fuel-and-heating-oil-prices-soar-in-cyprus-petrol-could-top-€2-per-liter

Daily attacks targeting the world’s fuel supply lifeline in the Arabian Gulf have triggered an energy shock whose effects are expected to outlast the fighting itself in Iran....

16. 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....

17. Former Police official says “Cypriot FBI” plan has been ready for a decade

https://knews.kathimerini.com.cy/en/news/former-police-official-says-cypriot-fbi-plan-has-been-ready-for-a-decade

The creation of a specialized unit to combat organized crime, commonly referred to as the “Cypriot FBI,” had already been fully designed about ten years ago, according to former Assistant Chief of Police Christoforos Mavrommatis....

18. Cypriot banks see profits tumble in 2025

https://knews.kathimerini.com.cy/en/business/cypriot-banks-see-profits-tumble-in-2025

Cypriot banks saw their profits shrink in 2025 compared with the previous year, largely due to a smaller contribution from net interest income....

19. Salty winds wipe out early potato crops, leaving farmers facing another heavy loss

https://knews.kathimerini.com.cy/en/news/salty-winds-wipe-out-early-potato-crops-leaving-farmers-facing-another-heavy-loss

What should have been the beginning of a profitable harvest has instead turned into a season of loss for potato farmers in eastern Cyprus, after powerful winds carrying sea salt destroyed early crops across several agricultural communities....

20. ''Yes, I Can'': Inspiring Paralympic Photo Exhibition Takes Over Limassol’s Molos

https://knews.kathimerini.com.cy/en/news/yes-i-can-inspiring-paralympic-photo-exhibition-takes-over-limassol-s-molos

The heart of Limassol has been transformed into a gallery of courage and resilience with the official opening of the “Yes, I Can” photo exhibition at the Molos seafront. ...

21. Return to single-buyer electricity market proposed for Cyprus

https://knews.kathimerini.com.cy/en/business/return-to-single-buyer-electricity-market-proposed-for-cyprus

A debate has emerged over the structure of Cyprus’s electricity market after Odysseas Michaelides suggested that electricity prices could fall if the country returned to a centralized purchasing system dominated by the Electricity Authority of Cyprus (AHK)....

22. Cyprus weighs energy measures if oil prices climb above $100

https://knews.kathimerini.com.cy/en/news/cyprus-weighs-energy-measures-if-oil-prices-climb-above-$100

The situation in the Middle East is raising concerns, while Europe says it is preparing for a longer period of instability that could include disruptions in shipping, higher energy prices, and inflationary pressures. These remarks were made Monday in Brussels by Eurogroup President Kyriakos Pierrakakis in the presence of Kathimerini, noting that energy remains at the center of attention....

23. Formula One pulls plug on Bahrain and Saudi races

https://knews.kathimerini.com.cy/en/news/formula-one-pulls-plug-on-bahrain-and-saudi-races

Formula One is set to cancel two major races in the Middle East as escalating conflict in the region forces the sport to put safety ahead of speed....

24. 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....

25. The strategy of chaos

https://knews.kathimerini.com.cy/en/comment/opinion/the-strategy-of-chaos

The most dangerous development in the war in the Persian Gulf, at least in the medium term, is Iran’s new defensive doctrine, which they call the “Mosaic of Decentralized Defense.”...

26. Shipping costs surge as Iran war sparks new global price shock

https://knews.kathimerini.com.cy/en/business/shipping-costs-surge-as-iran-war-sparks-new-global-price-shock

The war in Iran and the broader geopolitical turmoil it has triggered are fueling a new and sharp surge in global shipping costs. ...

27. 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....

28. Lidl Cyprus gets honorary award from Andreas Sofocleous Centre for Provision of Social Services (KEPAKY) for its timeless social contribution

https://knews.kathimerini.com.cy/en/news/lidl-cyprus-gets-honorary-award-from-andreas-sofocleous-centre-for-provision-of-social-services-kepaky-for-its-timeless-social-contribution

On Friday, February 20, the non-profit organisation Andreas Sofocleous Centre for Provision of Social Services (KEPAKY) awarded an honorary distinction to the Lidl Cyprus team,...

29. Instagram to alert parents if teens repeatedly search for suicide or self-harm topics

https://knews.kathimerini.com.cy/en/news/instagram-to-alert-parents-if-teens-repeatedly-search-for-suicide-or-self-harm-topics

Instagram will soon notify parents if their teenage child repeatedly searches for content linked to suicide or self-harm, the company announced, in its latest move to address growing concerns over teen mental health online....

30. Cyprus’ shadow network for recruiting foreign workers

https://knews.kathimerini.com.cy/en/business/cyprus-shadow-network-for-recruiting-foreign-workers

An extensive, largely unseen system for recruiting foreign workers appears to have been operating for years behind the official structures of Cyprus’ labor market....

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