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12° Nicosia,
18 December, 2025
 

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Displaying results 31-60 of 729 matches for query profit.

31. 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....

32. 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....

33. 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....

34. 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....

35. 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....

36. 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....

37. 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....

38. 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....

39. 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. ...

40. 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....

41. 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....

42. 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....

43. 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....

44. 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....

45. 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....

46. 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. ...

47. 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

48. 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....

49. 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....

50. 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....

51. 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....

52. 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....

53. Six freed on bail, one remains jailed in convicted felon-socialite case

https://knews.kathimerini.com.cy/en/news/six-freed-on-bail-one-remains-jailed-in-convicted-felon-socialite-case

The curtain is lifting on what prosecutors allege is a carefully orchestrated criminal ring, with trial proceedings for seven accused individuals set to begin at 9:00 a.m. on October 3, 2025....

54. High-society scandal deepens with 63 more in the frame

https://knews.kathimerini.com.cy/en/news/high-society-scandal-deepens-with-63-more-in-the-frame

What started as a story of a glamorous socialite entangled with a well-known convict has now snowballed into one of the country’s most talked-about crime sagas, with another 63 people now on the police radar, bringing the total number of individuals linked to the case to over 100....

55. Bank of Cyprus sheds €2.5B in real estate, marks biggest property sale in island’s history

https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-sheds-€2-5b-in-real-estate-marks-biggest-property-sale-in-island-s-history

The Bank of Cyprus has officially sold off more than €2.5 billion worth of real estate, over 5,100 properties, through its Real Estate Management Unit (REMU), marking a major milestone in clearing long-standing burdens from its balance sheet, according to Kathimerini's Panayiotis Rougalas....

56. 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. ...

57. 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....

58. BrainRocket becomes a Donor of TechIsland

https://knews.kathimerini.com.cy/en/business/brainrocket-becomes-a-donor-of-techisland

TechIsland is proud to announce that BrainRocket, a global company creating innovative end-to-end tech products, has joined as one of the association’s esteemed Donors....

59. 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. ...

60. Swiss Central Bank slashes interest rates to 0% to fight soaring Franc and deflation

https://knews.kathimerini.com.cy/en/business/swiss-central-bank-slashes-interest-rates-to-0-to-fight-soaring-franc-and-deflation

In a surprise move, Switzerland’s central bank has slashed interest rates to zero, aiming to counter falling prices and slow the rapid rise of the Swiss franc, which has been drawing heavy investment as a safe-haven currency during global economic uncertainty....

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