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12° Nicosia,
19 July, 2025
 

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Displaying results 31-60 of 679 matches for query profit.

31. Jumbo eyes Larnaca and Protaras for future expansion, but no timeline yet

https://knews.kathimerini.com.cy/en/news/jumbo-eyes-larnaca-and-protaras-for-future-expansion-but-no-timeline-yet

Retail giant Jumbo has confirmed its interest in opening two new stores in Cyprus, one in Larnaca and another in Protaras, but clarified that there’s no set plan or timeframe at this stage. ...

32. April Newsletter of K. Treppides & Co Ltd – 25/04/2025

https://knews.kathimerini.com.cy/en/business/april-newsletter-of-k-treppides-co-ltd-–-25-04-2025

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....

33. Raw sewage on tourist beach blamed on ''criminal'' mismanagement

https://knews.kathimerini.com.cy/en/news/raw-sewage-on-tourist-beach-blamed-on-criminal-mismanagement

A sewage leak at one of Paphos’ busiest coastal areas has sparked outrage, and the president of the Paphos District Local Government Organization (EOA) isn’t holding back....

34. Ancoria Bank shifts to Cypriot hands in major shake-up

https://knews.kathimerini.com.cy/en/business/ancoria-bank-shifts-to-cypriot-hands-in-major-shake-up

Banking changes in Cyprus are rolling full steam ahead in 2025, with Ancoria Bank now seeing a major shift in its ownership. Entrepreneur and co-founder of XM, Kostas Kleanthous, has reached an agreement to buy more than 50% of Ancoria Bank, making him the new majority shareholder. ...

35. Shark attack off Israel's Mediterranean coast

https://knews.kathimerini.com.cy/en/news/shark-attack-off-israel-s-mediterranean-coast

In a rare and chilling incident off Israel’s Mediterranean coast, authorities are searching for a swimmer believed to have been bitten by a shark near Olga Beach, just north of Hadera....

36. From summer hotspot to all-year hub

https://knews.kathimerini.com.cy/en/news/from-summer-hotspot-to-all-year-hub

Cyprus has big dreams, and according to Christos Angelides, General Manager of the Pancyprian Hotel Association (PASYXE), it’s going to take grit, vision, and a lot of teamwork to turn the island into a top-tier, all-year-round destination. But the potential? It’s definitely there....

37. Turkish Cypriot developer barred from entering Dubai over property dispute allegations

https://knews.kathimerini.com.cy/en/news/turkish-cypriot-developer-barred-from-entering-dubai-amid-property-dispute-allegations

A prominent Turkish Cypriot property developer was denied entry into Dubai over allegations tied to disputed real estate in Cyprus’ occupied north, according to local media reports....

38. Bank of Cyprus buys out Ethniki Insurance in €29.5M deal

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-buys-out-ethniki-insurance-in-€29-5m-deal

The Bank of Cyprus is making a bold move to strengthen its footprint in the island’s insurance market, announcing today that it has signed a binding agreement to acquire 100% of Ethniki Cyprus Insurance Ltd....

39. Prison or mini-market?

https://knews.kathimerini.com.cy/en/news/prison-or-mini-market

A prison cell in Nicosia turned into a makeshift shop, complete with croissants, cigarettes, coffee, and prepaid phone cards, has landed a chief warden, an inmate, and the inmate’s wife in serious legal trouble....

40. Revolut slapped with record fine over money laundering lapses

https://knews.kathimerini.com.cy/en/business/revolut-slapped-with-record-fine-over-money-laundering-lapses

British fintech giant Revolut, one of the world’s most valuable start-ups, has been fined €3.5 million by Lithuania’s central bank for failing to properly monitor suspicious transactions and protect against money laundering....

41. Silicon Valley backed Trump but gets no favor in return

https://knews.kathimerini.com.cy/en/business/silicon-valley-backed-trump-but-gets-no-favor-in-return

Silicon Valley's top tech titans may have bet big on Donald Trump’s second term, but they’re finding little return on their investment....

42. Anastasiades breaks silence: ''My associates were not Drousiotis' sources''

https://knews.kathimerini.com.cy/en/news/anastasiades-breaks-silence-my-associates-were-not-drousiotis-sources

In an exclusive interview, former President Nikos Anastasiades opens up about his new book, 'The Sycophant', and the ongoing feud with journalist Makarios Drousiotis....

43. 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....

44. 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....

45. 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: ...

46. 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....

47. 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....

48. 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. ...

49. 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. ...

50. 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....

51. 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! ...

52. 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,...

53. 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....

54. 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. ...

55. 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....

56. 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. ...

57. 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. ...

58. 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....

59. 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....

60. 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....

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