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  • Complimentary day at Dubai Parks and Resorts with Emirates Holidays

    Complimentary day at Dubai Parks  and Resorts with Emirates Holidays

    Emirates Holidays is offering a complimentary day entrance ticket to one of the resorts run by Dubai Parks and Resorts on packages to Dubai and beyond to any Emirates destination. Customers booking an Emirates Holidays package and a minimum of two...

  • Excel course by Castille Institute

    Castille Institute is organising a two-day course – ‘Excel for professionals: From foundation to advanced’ on April 26 and 27. The foundation module sets out essential concepts and skills relating to understanding  spreadsheets and demonstrating...

  • Alberta Group staff retire

    Alberta Group staff retire

    Alberta Group chairman George Barbaro Sant announced the retirement of Anton Schiavone and Derek Broadley. Mr Schiavone developed the Compartmentation department within Alberta, while Mr Broadley was responsible in leading the development of...

  • Malta SIR Ladies Tennis Tournament winners

    Malta SIR Ladies Tennis Tournament winners

    The winners of the Ladies Tennis Tournament, sponsored by Malta Sotheby’s International Realty, were announced following the final round at the Marsa Sport Club. Prizes were presented to the winners by Jean-Claude Cardona, chief financial officer...

  • Medserv makes loss in 2016

    Medserv makes loss in 2016

    Medserv made a €2.5 million loss in 2016, after making a profit of €6 million in 2015, with its total revenue down from €42.7 million to €32.8 million. The group said that the significant decrease in results was attributable to the delay in the...

  • Profits down for GlobalCapital

    GlobalCapital registered pre-tax earnings for 2016 amounting to €2.8 million compared to €5.6 million in 2015. The results include a significant reduction in fair value gains on the group’s financial and property investment portfolios amounting to...

  • All banking equities in the news

    The MSE Index was back in the red for the fourth time in the last five weeks, as a 0.311 per cent dip was registered. The Index settled at the 4,703.726 points level. A total of 15 equities were active during the week, of which five headed north,...

  • Oil rises on Syria attack, dollar shrugs off jobs report

    Oil traded near a one-month high yesterday after the US missile strike on a Syrian air base while the dollar rose as investors dismissed a weak US jobs report as not enough to derail a strong economy or outlook for rising interest rates. The...

  • More signs of UK slowdown appear as Brexit under way

    Signs that Britain’s economy is slowing as it prepares to leave the European Union hardened yesterday, as official data showed a surprise drop in industrial output and construction in February and a mixed performance for trade. Sterling slid to a...

  • Company briefs

    Company briefs

    A favourable US FDA inspection at Medichem’s subsidiary Combino Pharm’s plant in Malta has opened the door to the commercialisation of solid oral dosage forms in the US for the Medichem group. The latest FDA clearance of the Malta FDF facility of...

  • Daily currency report

    After accusing the Assad regime of using poison gas against dozens of civilians, missiles were launched from US Navy ships in the Mediterranean in a targeted attacked aimed at disabling Syrian chemical weapon capability. The market response has...

  • Malta Fiscal Advisory Council publishes second annual report

    Malta Fiscal Advisory Council publishes second annual report

    The Malta Fiscal Advisory Council (MFAC) has released its second annual report. In his statement, the MFAC chairman noted that, in its second year of operations, the institution strengthened its organisational structure, established a regular...

  • MIA and RS2 drag share index lower

    The share index erased most of the gains registered in the previous two trading sessions as it today slipped by 0.27% back to 4,703.726 points.MIA, RS2 and Malta Properties closed this morning’s session in negative territory whilst a further five...

  • Why should I care about bond indentures?

    The majority of local investors opt to disregard to give the necessary importance to the indenture, or locally better known as the prospectus or offering document. Unfortunately, other investors literally ignore the document and invest blindly in...

  • A dissonant voice

    This week we had the news that the government consolidated fund moved into a surplus position in 2016 for the first time in many years. As with anything else in life, success has many fathers while failures are orphans. In this case, I do believe...

  • Ryanair to pivot growth away fromUK for next two years due to Brexit

    Ryanair to pivot growth away fromUK for next two years due to Brexit

    Ryanair, Europe’s largest airline by passenger numbers, plans to pivot its growth away from Britain over the next two years as it fears the lack of clarity over Brexit will cause major travel disruption and hit demand. Airlines such as Ryanair and...

  • Frank Farrugia elected Malta Chamber president

    Frank Farrugia elected Malta Chamber president

    Frank Farrugia has been elected president of the Malta Chamber of Commerce, Enterprise and Industry, taking over from Anton Borg. Mr Farrugia was deputy president of the Malta Chamber since 2015 and held the post of vice president for the...

  • Lombard Bank makes bid for Cypriot shares

    Lombard Bank makes bid for Cypriot shares

    The board of directors of Lombard Bank has submitted a bid for the 21 million shares held in the bank by Cyprus Popular Bank, saying that this would be “in the interest of the bank and all its stakeholders”. The sale process was announced almost a...

  • Juncker Plan now set to trigger more than €183bn in investments

    Following this week’s meeting of the European Investment Bank’s Board of Directors, the Juncker Plan is now expected to trigger more than €183 billion in investments. This comes under two years after the Juncker Commission launched the European...

  • World food prices back down in March after two-year high – FAO

    World food prices back down in March after  two-year high – FAO

    World food prices were back down in March after hitting a two-year high last month, with cereal harvests expected to be robust and markets stable this year, the United Nations food agency said yesterday. Prices for food products fell for five...