After 10 years at Vodafone in Malta, engineer Sandro Pisani was offered a role at the brand’s operation in Egypt. The offer could not have come at a more crucial time for the country, he tells The Times Business. Sandro Pisani flew to Cairo on January...
Mitsui, one of the world’s most diversified trading, investment and service enterprises, has established a presence in Malta at Valletta Gateway Terminal following its acquisition of the Portek Group last year. Valletta Gateway Terminal is joint a...
Lufthansa has unveiled its latest Business Class seat with a horizontal sleeping surface of 1.98 metres. The new seat will feature in the new Lufthansa Jumbo Boeing 747-8 Business Class cabin as soon as the aircraft enters scheduled service. “We...
All week from next Sunday, Melita will welcome spring in all its stores with a collection of offers and give-aways, which include free Embassy Cinema tickets, vouchers from Homemate and Gasan Mamo, discounts on mobile handsets, and a range of free...
Fimbank Group has registered an after-tax profit of $9.13 million for 2011, a 35 per cent increase. The group’s balance sheet also saw considerable growth, with total consolidated assets as at December 31, 2011, exceeding the $1 billion mark and...
Fiduciary and fund services specialists Abacus have been granted a full trust licence by the Malta Financial Services Authority, isleofman.com reported on Tuesday. Abacus Corporate Services Limited, the group’s Maltese corporate arm, was granted the...
The European Parliament yesterday approved a non-legislative opinion on a communication issued by the Commission last year aimed at setting out a strategy that would give the European Union a quality management framework for statistics related to...
Mapfre Asistencia, which has just launched an operation in Malta, has signed a strategic agreement with French firm Compagnie Europeenne d’Assurances (CEA) for joint operations in the travel insurance field in France. Mapfre Asistencia’s French...
Frank Salt Real Estate saw an overall increase of 12 per cent in sales and an equal increase in letting last year, while experiencing growth across most operations, the company’s annual general meeting heard on March 8. Activity in the commercial...
The Malta Financial Services Authority has signed a Memorandum of Understanding with the Qatar Financial Centre Regulatory Authority, the regulator said this week. The document establishes a framework for assistance, the sharing of supervisory...
Bank of Valletta has introduced a three-year fixed interest rate home loan for first time buyers. This is a well-timed product in the current low interest rate market scenario that guarantees a fixed rate for the first three years of the home loan...
One of the UK’s leading software suppliers in the offshore fiduciary and wealth management sectors has become an affiliate member of Finance Malta, the public-private initiative set up to promote Malta as an international financial...
The original wooden doors of the palatial Villa Corinthia at Corinthia Palace Hotel in San Anton were thrown wide open recently to welcome Corinthia’s local corporate clients and other special guests who were hosted to a lavish gourmet evening by hotel...
Playsafety Malta Ltd has been set up with the sole purpose to conduct inspections and risk assessments on indoor and outdoor play equipment, safer surfacing, sports surfacing and other play areas both indoor and outdoor. The company will be operating...
Melita is changing some of its internal processes to reduce its use of paper and is encouraging its clients to subscribe to its free online self-care portal My Melita at mymelita.com. Through this online portal, customers can choose to “switch off”...
BMIT, a member of the Go group, is set to launch its new cloud platform and infrastructure in the next few days. This pioneering initiative for cloud computing in Malta will enable the company to expand its data centre services and provide facilities...
Subaru’s newest generation model, the symmetrical all-wheel drive XV, has arrived in Malta. The five-star Euro NCAP-rated Subaru XV – officially certified as the safest vehicle in its class and which scores particularly highly for child occupant safety...
For the fourth consecutive year, the Faculty of ICT at the University of Malta will be organising the Workshop in Information and Communication Technology at Sliema’s The Victoria on March 21 and 22. WICT 2012 will showcase the research currently being...
Apple has introduced the new iPad, the third generation of its tablet which now features a new Retina display (similar to the one found on the iPhone), Apple’s new A5X chip with quad-core graphics and a 5 megapixel iSight camera with advanced and 1080p...
According to the Cisco Visual Networking Index Global Mobile Data Traffic Forecast for 2011 to 2016, worldwide mobile data traffic will increase 18-fold over the next five years, reaching 10.8 exabytes per month – or an annual run rate of 130 exabytes...
Britain’s finance minister George Osborne will next week unveil plans for bonds of at least 100 years, as the government seeks to capitalise on historically-low interest rates, sources said yesterday. The Chancellor of the Exchequer will use his annual...
A line-up of local and international experts has been scheduled for the Malta Institute of Management’s sixth International Taxation Conference at the Westin Dragonara Resort tomorrow, which this year focuses on the latest developments in European tax...
Italy made another strong foray into bond markets yesterday, borrowing €6 billion at much lower rates in three- and seven-year operations, a sign that the debt crisis could be easing. The Italian central bank said Rome borrowed funds for three years at...
Just under six years ago, in 2006, the government represented by the Ministry of Investments, Industry and IT signed a share sale agreement with Emirates International Telecommunications (Malta) Ltd, better known as Tecom, in respect of the entire...
EU anti-trust chiefs said yesterday they have asked five European telecoms giants to answer concerns over possible industry collusion. A European Commission spokesman told AFP it had sought answers on “conditions of standardisation for future mobile...
Ernst & Young Malta is to hold an information event at the University of Malta for final year students of all disciplines this morning to showcase its plans to employ a number of top students and graduates for entry level positions. The meeting will...
The state health services are never far away from the headlines. That is presently being demonstrated in the United Kingdom, with fear growing that the service there and the whole welfare state might be under attack. It is also the case in Malta, for...
Spain’s new 2012 deficit target of 5.3 per cent of output agreed with the European Union is “reasonable and achievable”, Prime Minister Mariano Rajoy said yesterday. Rajoy said Madrid would “scrupulously” respect its 2013 deficit target of three per...
Chamber of Commerce, Enterprise and Industry president Tancred Tabone has been invited by European Commission vice president Antonio Tajani to form part of a European business delegation to Sao Paulo, Brazil on April 23 and 24. Mr Tajani, who is also...
The highly anticipated database case dealing with football fixtures was recently delivered by the Court of Justice of the European Union (CJEU). Little however changed from the court’s approach cyrstallised in its earlier ruling delivered in another...
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