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12° Nicosia,
26 October, 2025
 

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Displaying results 1-30 of 707 matches for query profit.

1. 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....

2. 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”,...

3. €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....

4. 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....

5. 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....

6. 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....

7. 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. ...

8. 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....

9. mind REset 2025: Lidl Cyprus activates the new generation against food waste

https://knews.kathimerini.com.cy/en/business/mind-reset-2025-lidl-cyprus-activates-the-new-generation-against-food-waste

Lidl Cyprus, on the occasion of World Food Waste Day (September 29), launches the new theme of mind REset 2025 programme, an innovative environmental entrepreneurship educational programme....

10. Horse that killed worker at hippodrome cleared to race again next week

https://knews.kathimerini.com.cy/en/news/horse-that-killed-worker-at-hippodrome-cleared-to-race-again-next-week

Less than a day after a 67-year-old worker was killed at the Nicosia Hippodrome by a panicked horse, industry insiders are stunned to learn that the very same animal has been cleared to race again next Sunday....

11. Larnaca Marina dredging on track for 2025 finish, minister says

https://knews.kathimerini.com.cy/en/news/larnaca-marina-dredging-on-track-for-2025-finish-minister-says

The dredging of Larnaca Marina is moving ahead as planned and is expected to finish by December 2025, Transport Minister Alexis Vafeadis said Friday, reassuring boat owners that smoother sailing is on the way....

12. Limassol men lose €30,000 in online investment scam

https://knews.kathimerini.com.cy/en/business/limassol-men-lose-€30-000-in-online-investment-scam

Police in Limassol are investigating a new online fraud case in which two men, aged 63 and 66, were tricked out of a total of €30,050....

13. Cyprus central bank projects 3.3% economic growth in 2025

https://knews.kathimerini.com.cy/en/business/cyprus-central-bank-projects-3-3-economic-growth-in-2025

Cyprus’s economy is expected to expand by 3.3% in 2025, with unemployment dropping to 4.6% and inflation easing to 1%, the Central Bank of Cyprus said Tuesday in its latest projections....

14. Cypriots fill supermarket carts as dining out declines

https://knews.kathimerini.com.cy/en/news/cypriots-fill-supermarket-carts-as-dining-out-declines

Supermarkets in Cyprus are thriving, recording strong turnover in 2024 and again this year, while restaurants and catering businesses are struggling with steep losses....

15. Undercover sting nabs abbot in Greek antiquities smuggling scandal

https://knews.kathimerini.com.cy/en/news/undercover-sting-nabs-abbot-in-greek-antiquities-smuggling-scandal

An undercover police operation in northern Peloponnese has exposed an antiquities smuggling ring with a plot straight out of a crime thriller, and at the center of it all, the abbot of the famed Mega Spilaio Monastery....

16. Woman loses over €65,000 in online investment scam

https://knews.kathimerini.com.cy/en/news/woman-loses-over-€65-000-in-online-investment-scam

A 48-year-old woman has reported losing more than €65,200 after falling victim to an online investment scam, authorities said Thursday....

17. A Year of Meaningful Impact and Community Empowerment for the PwC Foundation

https://knews.kathimerini.com.cy/en/business/a-year-of-meaningful-impact-and-community-empowerment-for-the-pwc-foundation

During the financial year 2025, PwC, through the PwC Foundation initiatives, continued to serve as a catalyst for positive change, deepening its contribution to Cypriot society through a wide range of initiatives across education and culture, youth entrepreneurship, and community support. ...

18. Crete crime ring probe points to Cyprus, Saint Lazarus relics

https://knews.kathimerini.com.cy/en/news/crete-crime-ring-probe-points-to-cyprus-saint-lazarus-relics

A sprawling crime investigation in Crete has exposed what Greek media are calling a ''state within a state,'' with tentacles reaching into extortion, drug and arms trafficking, money laundering, and even the Church. Authorities say the alleged network may also extend beyond Greece’s borders into Cyprus....

19. BlackRock Becomes The Second-Largest Shareholder of Freedom Holding Corp.

https://knews.kathimerini.com.cy/en/business/blackrock-becomes-the-second-largest-shareholder-of-freedom-holding-corp

Freedom Holding Corp. (NASDAQ: FRHC), a global financial services and technology company and the parent company of the Freedom24 investment platform, announced that BlackRock has increased its stake in the company to 0.85%, investing about $89 million....

20. UNIC Athens: Licensed for Establishment and Operation in Greece by the Ministry of Education, Religious Affairs and Sports

https://knews.kathimerini.com.cy/en/news/unic-athens-licensed-for-establishment-and-operation-in-greece-by-the-ministry-of-education-religious-affairs-and-sports

The Greek Ministry of Education, Religious Affairs and Sports has authorised the University of Nicosia (UNIC) to establish UNIC Athens, its non-profit branch/campus in Greece, in a decision which strengthens UNIC’s long-standing academic partnership with the country....

21. From free to for sale

https://knews.kathimerini.com.cy/en/news/from-free-to-for-sale

What was meant as a green gift to struggling households in Cyprus has, ironically, turned into an online marketplace....

22. Cyprus and Greek banks on a winning streak

https://knews.kathimerini.com.cy/en/business/cyprus-and-greek-banks-on-a-winning-streak

Big banks in Cyprus and Greece are riding a wave of strong performance so far in 2025, catching the eye of investors and hinting at even brighter prospects ahead....

23. Cyprus news roundup: Fires, finance and fiery wage demands

https://knews.kathimerini.com.cy/en/news/cyprus-news-roundup-fires-finance-and-fiery-wage-demands

From forest fire probes to banking battles, here’s a look at the week’s biggest developments in Cyprus....

24. Cyprus hotels join Europe’s legal fight to break Booking.com’s grip

https://knews.kathimerini.com.cy/en/business/cyprus-hotels-join-europe-s-legal-fight-to-break-booking-com-s-grip

Hotels in Cyprus are among more than 10,000 across Europe taking part in a class-action lawsuit accusing Booking.com of abusing its market power for two decades. ...

25. BOC reports €235M in profits, but what does that actually mean for the rest of us?

https://knews.kathimerini.com.cy/en/business/boc-reports-€235m-in-profits-but-what-does-that-actually-mean-for-the-rest-of-us

26. Eurobank to hike dividends by over 50%

https://knews.kathimerini.com.cy/en/business/eurobank-to-hike-dividends-by-over-50

Eurobank has announced plans to increase its dividend payout by more than 50% next year, alongside a juicy interim dividend of €170 million, equivalent to 4.7 cents per share. The news comes despite a small dip in profits, showing the bank’s confidence in its growth path and expanding footprint....

27. USA 1 – EU 0

https://knews.kathimerini.com.cy/en/comment/opinion/usa-1-–-eu-0

Just days before the August 1st deadline, the U.S. and the EU managed to strike a new trade deal, prompting sighs of relief, as the two traditional allies will not have to clash, at least for now....

28. XM investors await green light to take over Ancoria Bank

https://knews.kathimerini.com.cy/en/business/xm-investors-await-green-light-to-take-over-ancoria-bank

Two Cypriot investors behind a successful global trading platform are making a bold move to take over Ancoria Bank, in what could signal a new era for small-scale banking in Cyprus....

29. Banks show profit decline, asset growth, and capital strengthening in Q1 2025

https://knews.kathimerini.com.cy/en/business/banks-show-profit-decline-asset-growth-and-capital-strengthening-in-q1-2025

The Central Bank of Cyprus released updated data Wednesday showing a decline in bank profits, an increase in assets, and a stronger capital position for the first quarter of 2025....

30. Cyprus banks are merging and here’s what that means for you

https://knews.kathimerini.com.cy/en/business/cyprus-banks-are-merging-and-here-s-what-that-means-for-you

Cyprus is heading toward a major financial facelift, with a wave of mergers and acquisitions already in motion and expected to accelerate by the end of 2025. Sirens may have marked a different kind of Tuesday morning in Nicosia, but in the banking world, the alarm bells signal transformation....

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