Finance
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Gozo General Hospital Cuts Budget by €9 Million
Image Source : Gozo News Gozo General Hospital has witnessed a significant reduction in expenditure, with its budget slashed by €9 million. This downward trend is attributed to decreases in both recurrent and capital expenditure,…
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Union Budget 2024-2025 Key Impacts on Individuals & Sectors
Image Source: LovinMalta The Union Budget 2024-2025 introduces several measures that will impact individuals and various sectors. India’s inflation continues to be low, stable, and moving towards the 4% target. The budget prioritizes employment, skilling,…
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IZI Finance plc Reports €85.6M Gross Gaming Revenue for 2024
Image Source : Malta Business Weekly IZI Finance plc has announced its financial results for the fiscal year 2024, revealing a remarkable record gross gaming revenue of €85.6 million. This impressive figure underscores a year…
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The Phoenicia Malta Award-Winning Luxury Hotel
Image Source : The Phoenicia Malta The Phoenicia Malta, a luxurious five-star hotel, has achieved unprecedented success, securing six prestigious international awards at two esteemed ceremonies held in London and Ireland. This remarkable feat is…
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MFSA Warns Investment Firms on Protecting Vulnerable Clients
Image Source : X.com The Malta Financial Services Authority (MFSA) has issued a stern warning to investment firms to prioritize fairness and protection for vulnerable and elderly clients. Following a thorough review, the regulatory body…
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Maltese Government’s Financial Surplus Amid Rising Debt
Image Source : NewsBook Maltese Government Records Mixed Financial Results: Surplus of €55.2 Million Amid Rising National Debt.Between April and June, the Maltese government reported a notable surplus of €55.2 million, indicating a positive trend…
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European Markets Respond to ECB Interest Rate Cut
Image Source : Reuters European Markets React to ECB’s Latest Interest Rate Cut, Stimulating Economic Growth.The European financial landscape experienced a significant shift as the European Central Bank (ECB) announced its decision to cut interest…
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Wolt Celebrates 10 Years of Impact in Food Delivery
Image Source : Wolt Wolt, a leading food delivery and retail platform, proudly celebrates its 10-year anniversary, marking a decade of remarkable global impact and significant local growth in Malta. Since its inception in 2014,…
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Money Market Report: ECB Insights – October 4, 2024
Image Source : Reuters The money market report for the week ended October 4, 2024, provides valuable insights into the European Central Bank’s (ECB) monetary operations and the domestic Treasury bill market. During this period,…
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Malta db Group Celebrates Hard Rock Hotel Milestone
Image Source : Hard Rock Hotels Malta’s db Group has marked a significant milestone in the development of the highly anticipated Hard Rock Hotel at St George’s Bay, with the laying of the foundation stone.…