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12° Nicosia,
19 August, 2026
 

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Displaying results 61-90 of 812 matches for query profit.

61. 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....

62. 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.”...

63. 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. ...

64. 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....

65. 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,...

66. 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....

67. 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....

68. Ex-Cyprus football chief faces 25 charges including conflict of interest and money laundering

https://knews.kathimerini.com.cy/en/news/ex-cyprus-football-chief-faces-25-charges-including-conflict-of-interest-and-money-laundering

Former president of the Cyprus Football Association (Georgos Koumas) is facing a staggering 25 charges, spanning conflicts of interest, incompatibility with office, and money laundering, tied to activities dating from 2017 through June 2025....

69. Supermarket sales surge as shoppers keep spending

https://knews.kathimerini.com.cy/en/business/supermarket-sales-surge-as-shoppers-keep-spending

Cyprus’ supermarket sector closed out 2025 on a strong note, underscoring its resilience even in a fiercely competitive market....

70. New generators for Dhekelia now expected in 2030

https://knews.kathimerini.com.cy/en/news/new-generators-for-dhekelia-now-expected-in-2030

Plans to upgrade the Dhekelia power station have been pushed back again, with the Electricity Authority of Cyprus (EAC) now saying the three new generation units intended for the site are unlikely to arrive before 2030....

71. They came to clean hotels but ended up working in constructions sites

https://knews.kathimerini.com.cy/en/business/they-came-to-clean-hotels-but-ended-up-working-in-constructions-sites

A long-running problem in Cyprus’ labor market is still going strong: foreign workers brought into the country as hotel cleaners are ending up on construction sites, often through shell companies that exist largely on paper....

72. Trump launches TrumpRx, promises big discounts on prescription drugs

https://knews.kathimerini.com.cy/en/news/trump-launches-trumprx-promises-big-discounts-on-prescription-drugs

President Donald Trump unveiled TrumpRx on Thursday, a government-backed website offering deep discounts on 43 prescription medications, including insulin, fertility treatments, obesity drugs, and asthma medications....

73. Cyta posts €85 million profit as digital infrastructure investments accelerate

https://knews.kathimerini.com.cy/en/business/cyta-posts-€85-million-profit-as-digital-infrastructure-investments-accelerate

Cyprus’ state-owned telecommunications provider Cyta reported a sharp rise in profits in 2025 and outlined an ambitious new round of infrastructure investments as it presented its 2026 budget to Parliament on Monday....

74. US targets Iran’s ruling elite with travel ban

https://knews.kathimerini.com.cy/en/news/us-targets-iran-s-ruling-elite-with-travel-ban

The United States has moved to shut its doors to senior Iranian officials and their families, signaling a tougher stance against Tehran’s leadership as protests and human rights concerns continue to simmer inside Iran....

75. Cyprus becomes India’s gateway to Europe as landmark trade deal takes effect

https://knews.kathimerini.com.cy/en/business/cyprus-becomes-india-s-gateway-to-europe-as-landmark-trade-deal-takes-effect

A fresh momentum is taking hold in Cyprus-India commercial relations, thanks to the free trade agreement recently finalized between the European Union and India. The deal promises lower tariffs on European products and smoother access to the vast Indian market....

76. Bank of Cyprus shares surge to 15-year high

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-shares-surge-to-15-year-high

When the investment fund Lone Star Funds “courted” Bank of Cyprus in the summer of 2022, offering just under €2 per share, well above its market price at the time, it clearly saw potential. ...

77. Turkish Cypriots warned of scams exploiting Republic of Cyprus citizenship applications

https://knews.kathimerini.com.cy/en/news/turkish-cypriots-warned-of-scams-exploiting-republic-of-cyprus-citizenship-applications

Mehmet Birinci, a a prominent Turkish Cypriot politician, has issued a public warning to Turkish Cypriots, cautioning them against individuals attempting to profit from applications for Republic of Cyprus citizenship....

78. CEO confidence in revenue outlook hits five-year low – as AI becomes a defining divide between leaders and laggards: PwC 2026 Global CEO Survey

https://knews.kathimerini.com.cy/en/news/ceo-confidence-in-revenue-outlook-hits-five-year-low-–-as-ai-becomes-a-defining-divide-between-leaders-and-laggards-pwc-2026-global-ceo-survey

CEO confidence in their company’s revenue prospects has fallen to its lowest level in five years, as business leaders grapple with uneven returns from artificial intelligence, rising geopolitical risk, and intensifying cyber threats....

79. European banks poised for €30 billion boost in interest income

https://knews.kathimerini.com.cy/en/news/european-banks-poised-for-€30-billion-boost-in-interest-income

European banks are poised for a financial rebound, with net interest income expected to climb by roughly €30 billion over the next two years, analysts say, as loan growth and strategic hedging offset the drag from lower interest rates....

80. Cyprus Tax Reform 2026: What Changed and What Stayed the Same

https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-2026-what-changed-and-what-stayed-the-same

On 22 December 2025, the House of Representatives approved a wide-ranging tax reform package, with most measures taking effect from 1 January 2026. It is not an incremental adjustment....

81. Nearly €200,000 in assets seized after major drug bust

https://knews.kathimerini.com.cy/en/news/nearly-€200-000-in-assets-seized-after-major-drug-bust

Authorities have frozen assets worth almost €200,000 belonging to a 34-year-old man already facing serious drug charges, following a deepening financial probe into his activities....

82. More tax relief for families, tougher rules for everyone else

https://knews.kathimerini.com.cy/en/news/more-tax-relief-for-families-tougher-rules-for-everyone-else

From January 1, 2026, Cyprus will officially turn the page on how it taxes income and businesses....

83. Cyprus politics stall the cable that could end its energy isolation

https://knews.kathimerini.com.cy/en/news/cyprus-politics-stall-the-cable-that-could-end-its-energy-isolation

The government and newly appointed Energy Minister Michalis Damianou will face a series of critical energy decisions in 2026 that will largely determine Cyprus’ energy future. ...

84. Cypriot banks see lower profits but growing assets in 2025

https://knews.kathimerini.com.cy/en/business/cypriot-banks-see-lower-profits-but-growing-assets-in-2025

Cyprus’s banking sector recorded a notable decline in profitability during the first nine months of 2025, even as its balance sheet continued to expand, according to the latest data released by the Central Bank of Cyprus....

85. December Newsletter of K. Treppides & Co Ltd – 5/12/2025

https://knews.kathimerini.com.cy/en/news/december-newsletter-of-k-treppides-co-ltd-–-5-12-2025

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....

86. Rage as a business model

https://knews.kathimerini.com.cy/en/comment/opinion/rage-as-a-business-model

As 2025 draws to a close, roughly ten technological behemoths, most based in the United States and some in the Far East, are not only widening the gap between the tiny share of the ultrarich and everyone else on the planet. ...

87. Netflix stuns Hollywood with $72 billion bid for Warner Bros.

https://knews.kathimerini.com.cy/en/business/netflix-stuns-hollywood-with-$72-billion-bid-for-warner-bros

Netflix shocked Hollywood on Friday, announcing a $72 billion deal to buy Warner Bros. and HBO, a move that could fuse one of the biggest streamers with one of the most iconic studios in the world....

88. Golden passport era ends, but debate rages on

https://knews.kathimerini.com.cy/en/news/golden-passport-era-ends-but-debate-rages-on

The Cyprus House of Representatives has officially pulled the plug on the controversial Cyprus Investment Program (CIP), shutting down the government’s ability to hand out citizenship to investors and their families. ...

89. Another day, another scam as Paphos woman loses €6,500 online

https://knews.kathimerini.com.cy/en/news/another-day-another-scam-as-paphos-woman-loses-€6-500-online

A 71-year-old woman in Paphos reported to police that she lost about €6,500 to an online investment scam posing as a government-backed platform....

90. New bank tax could ease the pinch on families, but who’s behind it?

https://knews.kathimerini.com.cy/en/news/new-bank-tax-could-ease-the-pinch-on-families-but-who-s-behind-it

A year after narrowly losing a vote in parliament, AKEL is back with a new proposal to impose an emergency tax on banks for 2025 and 2026, calling it a “solidarity levy” aimed at helping everyday Cypriots cope with rising costs....

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