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12° Nicosia,
02 April, 2025
 

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Displaying results 1-30 of 637 matches for query profit.

1. Big pharma challenges EU over wastewater treatment costs

https://knews.kathimerini.com.cy/en/news/big-pharma-challenges-eu-over-wastewater-treatment-costs

A legal battle is unfolding between the pharmaceutical and cosmetics industries and the European Union over who should bear the financial burden of urban wastewater treatment....

2. Eurobank’s €1.3B move creates Cyprus’ largest bank

https://knews.kathimerini.com.cy/en/business/eurobank-s-€1-3b-move-creates-cyprus-largest-bank

Eurobank Group’s €1.3 billion investment in Hellenic Bank is set to reshape Cyprus' banking landscape, creating the country’s largest financial institution with total assets of €27.5 billion....

3. The great souvla debate and other political absurdities

https://knews.kathimerini.com.cy/en/comment/opinion/the-great-souvla-debate-and-other-political-absurdities

A representative of the hunters boldly declared that they had, under no circumstances, agreed with the police on a brief road closure. Naturally, he wondered: ...

4. Ex-Health Minister Pamboridis warns of efforts to weaken GESY

https://knews.kathimerini.com.cy/en/news/ex-health-minister-pamboridis-warns-of-efforts-to-weaken-gesy

Former Health Minister Giorgos Pamboridis has made explosive claims about attempts to undermine Cyprus’ General Health System (GESY), warning that financial and political interests are working behind the scenes to weaken the public healthcare scheme....

5. Cyprus Environmental Movement sounds alarm over deteriorating condition of Akrotiri Salt Lake

https://knews.kathimerini.com.cy/en/news/cyprus-environmental-movement-sounds-alarm-over-deteriorating-condition-of-akrotiri-salt-lake

The Cyprus Environmental Movement has issued an urgent call for help regarding the Akrotiri Salt Lake, warning that one of the country’s last major wetlands is on the brink of extinction due to human activities driven by the profit motives of a few entrepreneurs....

6. Grid limitations threaten Cyprus’ green energy boom

https://knews.kathimerini.com.cy/en/news/grid-limitations-threaten-cyprus-green-energy-boom

Cyprus’ green energy transition, once a major draw for investors, is now facing serious roadblocks as the national electricity grid struggles to handle more renewable energy projects. ...

7. Bank of Cyprus upgraded to investment grade by Fitch

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-upgraded-to-investment-grade-by-fitch

The Bank of Cyprus has just hit another major milestone—Fitch Ratings has upgraded the bank to investment grade, marking the third global rating agency to do so. ...

8. Aegean reports strong 2024 results with record revenue and passenger growth

https://knews.kathimerini.com.cy/en/business/aegean-reports-strong-2024-results-with-record-revenue-and-passenger-growth

AEGEAN announces its operating and financial results for fiscal year 2024....

9. What do windmills, tulips, and potatoes have in common? The Dutch, of course!

https://knews.kathimerini.com.cy/en/life/what-do-windmills-tulips-and-potatoes-have-in-common-the-dutch-of-course

When you think of windmills, tulips, The Girl with the Pearl Earring, Delft Blue pottery, or even the legendary tale of The Hole in the Dike, one country immediately comes to mind—the Netherlands! ...

10. Eurobank Cyprus: Stronger in 2024, with a net profit of €214mn

https://knews.kathimerini.com.cy/en/news/eurobank-cyprus-stronger-in-2024-with-a-net-profit-of-€214mn

Eurobank Cyprus ended 2024 with increased profitability strong capital adequacy and maintained its good loan portfolio quality. The results reaffirm the Bank’s sound performance and resilience, the effective management of challenges in 2024,...

11. MPs mull casino cash exemption despite laundering fears

https://knews.kathimerini.com.cy/en/business/mps-mull-casino-cash-exemption-despite-laundering-fears

A proposal to exempt casinos from Cyprus' €10,000 cash transaction limit has sparked a heated debate in parliament, with regulators warning that such a move could open the door to money laundering and create unequal rules for businesses....

12. Cyprus banks hit record high profits despite ECB rate cuts

https://knews.kathimerini.com.cy/en/business/cyprus-banks-hit-record-high-profits-despite-ecb-rate-cuts

Despite the European Central Bank (ECB) preparing for its sixth interest rate cut since June 2023, bank profits in Cyprus have soared, marking two consecutive years of record earnings. ...

13. Larnaca Airport vendors dodge 60 cent water price cap

https://knews.kathimerini.com.cy/en/news/larnaca-airport-vendors-dodge-60-cent-water-price-cap

Travelers passing through Larnaca Airport might be surprised to find that while a government-mandated price cap sets the cost of a 500ml bottled water at just 60 cents, actually finding one at that price is a different story....

14. Barbershop battle brews in Nicosia’s old town as Cypriot barbers face extinction

https://knews.kathimerini.com.cy/en/life/barbershop-battle-brews-in-nicosia-s-old-town-as-cypriot-barbers-face-extinction

In Nicosia’s Old Town, a quiet battle is playing out—one haircut at a time. On one side are the last five Cypriot barbers still operating in the walled city, clinging to tradition and fearing extinction. ...

15. Greek banks continue to invest in Cyprus with new acquisitions

https://knews.kathimerini.com.cy/en/business/greek-banks-continue-to-invest-in-cyprus-with-new-acquisitions

Greek banks are showing no signs of slowing down when it comes to investing in Cyprus. ...

16. Greeks call for accountability 2 years after Tempe train tragedy

https://knews.kathimerini.com.cy/en/news/greeks-calling-for-accountability-2-years-after-tempe-train-tragedy

Two years after one of Greece’s worst railway disasters, the country is still reeling from the February 28, 2023, crash in Tempe, where 57 lives were tragically lost....

17. Discover the Timeless Charm of Paphos with Leptos Estates

https://knews.kathimerini.com.cy/en/business/discover-the-timeless-charm-of-paphos-with-leptos-estates

Paphos, the enchanting town on the southwestern coast of Cyprus, is more than just a destination – it's a way of life....

18. Calls for action against energy poverty amid tragic deaths

https://knews.kathimerini.com.cy/en/news/calls-for-action-against-energy-poverty-amid-tragic-deaths

Political parties are urging immediate action against energy poverty following a series of fatal fires caused by unsafe heating conditions....

19. Fintech giants eye Cyprus' small banks in race for European banking licenses

https://knews.kathimerini.com.cy/en/business/fintech-giants-eye-cyprus-small-banks-in-race-for-european-banking-licenses

Cyprus’ small banks have become prime targets for global fintech companies and financial institutions, with potential acquisitions aimed at securing a European banking license. ...

20. The top ideas from the educational environmental program Mind REset 2024-2025 were honored.

https://knews.kathimerini.com.cy/en/news/the-top-ideas-from-the-educational-environmental-program-mind-reset-2024-2025-were-honored

The 4rth mind REset environmental educational programme concluded in an inspiring, dynamic and innovative awards ceremony on Wednesday, February 19 at the Royal Hall in Nicosia....

21. The Road to Prosperity

https://knews.kathimerini.com.cy/en/news/the-road-to-prosperity

Browsing social media I have recently come across a map showing all the countries with GDP per capita higher than Poland’s back in 1990 and in 2018....

22. Bank of Cyprus cancels plan to sell JCC Payment Systems

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-cancels-plan-to-sell-jcc-payment-systems

The process for the sale of JCC Payment Systems has been halted, bringing an end to the deal between JCC and Euronet that had been under consideration since the summer of 2024....

23. Bank of Cyprus posts €508M profit for 2024

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-posts-€508m-profit-for-2024

Bank of Cyprus has posted impressive results for 2024, reporting net profits of €508 million, marking a 4% increase from the previous year’s €487 million. The results reflect the bank's strong performance and growth, despite slight fluctuations in some areas....

24. The Cyprus cabinet's ''romantic'' February 14 meeting

https://knews.kathimerini.com.cy/en/comment/opinion/the-cyprus-cabinet-s-romantic-february-14-meeting

On Friday, February 14th, President of Cyprus called for an emergency Cabinet meeting. Naturally, many assumed it was to discuss Valentine’s Day – flowers, chocolates, etc. – ...

25. 73-year-old woman and daughter lead family-run sex trafficking ring in Athens

https://knews.kathimerini.com.cy/en/news/73-year-old-woman-and-daughter-lead-family-run-sex-trafficking-ring-in-athens

In a dramatic operation earlier this week, Greek police, in collaboration with NGOs OUR RESCUE and A21, dismantled a large sex trafficking ring allegedly run by a 73-year-old woman, known only as ''Marina,''...

26. Serious allegations regarding fuel prices and black market of photovoltaic systems

https://knews.kathimerini.com.cy/en/news/serious-allegations-regarding-fuel-prices-and-black-market-of-photovoltaic-systems

Marios Drousiotis highlighted an official admission from the Ministry of Energy, Commerce, and Industry confirming consumers' long-standing complaints about human error affecting fuel price monitoring, resulting in inflated prices....

27. Cryptocurrency scam - €430,000 stolen from Limassol resident

https://knews.kathimerini.com.cy/en/news/cryptocurrency-scam-€430-000-stolen-from-limassol-resident

The Cyprus Police are informing the public about incidents of fraud related to cryptocurrency investments and are urging citizens to be particularly careful....

28. A new home for Jewish education coming to Cyprus

https://knews.kathimerini.com.cy/en/news/a-new-home-for-jewish-education-coming-to-cyprus

A new Jewish school is planned for Limassol, Cyprus, slated to open in 2027....

29. Car distributors exploiting drivers with fees on airbag recalls

https://knews.kathimerini.com.cy/en/news/car-distributors-exploiting-drivers-with-fees-on-airbag-recalls

Lawmakers are taking aim at two car distributors accused of charging administrative fees for replacing recalled airbags, calling the practice ''obscene'' and ''exploitative.''...

30. Superhome Center sold to Greek company for €94 million

https://knews.kathimerini.com.cy/en/business/superhome-center-sold-to-greek-company-for-€94-million

The sale of Superhome Center to Vasilitsi DIY for €94 million has been approved by the Board of Directors of Ermes Department Stores Plc....

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