Exciting news from the boardroom of Malita Investments p.l.c.! The esteemed directors have given their stamp of approval for the disbursement of a substantial gross interim dividend, a move that has shareholders buzzing with anticipation. The impressive sum of EUR 1,955,026, equivalent to a per-share value of EUR 0.01320, has been greenlit for distribution....
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Business News, NEWS Malta
August 22, 2023
IIA Welcomes Malta and Somalia as Affiliates
The Institute of Internal Auditors (IIA), a trailblazer in setting standards, providing certifications, offering education, conducting research, and offering technical guidance for the internal audit profession worldwide, has proudly announced...
iGaming News, NEWS Malta
August 22, 2023
Online Lotteries: Market Trends and Opportunities
In the rapidly evolving landscape of online entertainment and gambling, the Online Lottery market has emerged as a dynamic sector, capturing the interest of both consumers and investors alike. A...
NEWS Malta, Tourism
August 22, 2023
Malta’s Film Industry – Taxpayer-Funded Productions
In the world of cinema, the allure of exotic locations often adds a magical touch to the visual narrative. Malta, with its stunning landscapes and historic sites, has emerged as...
NEWS Malta, Taxation
August 22, 2023
Nationalist Party Calls for Action on High Cost of Living
In a bid to alleviate the financial strain on Maltese and Gozitan families and businesses grappling with the relentless pressures of a steep cost of living, the Nationalist Party has...
Finance News, NEWS Malta
August 21, 2023
Understanding Inflation Trends in Malta
Last month, the annual rate of inflation in Malta, as measured by the Harmonised Index of Consumer Prices (HICP), stood at 5.6 per cent. This marked a decrease from the...
iGaming News, Laws, Marketing, NEWS Malta
August 21, 2023
Malta-Based Online Casino Finds Loophole in Finnish Advertising Laws
In a bid to navigate the strict Finnish advertising regulations surrounding gambling, a Malta-based online casino has come up with an innovative workaround, raising eyebrows and catching the attention of...
Banking, Finance News, NEWS Malta, Taxation
August 21, 2023
MeDirect Bank: Steady Growth and Impressive Profits
Are you curious about financial institutions that not only survive but thrive in challenging times? Look no further than MeDirect Bank, which recently announced a significant profit after tax of...
iGaming News, NEWS Malta
August 20, 2023
Malta Gaming Authority’s Reversal on Macolin Convention
The Malta Gaming Authority (MGA) has ignited discussions by considering a significant shift in its stance on the Macolin Convention – an agreement that it had previously avoided since 2014....
iGaming News, NEWS Malta, Taxation
August 17, 2023
Gaming Consultant Iosif Galea Extradited from Germany
In a recent development, gaming consultant Iosif Galea has been extradited from Germany and charged in Malta with financial crimes. The 42-year-old Galea from Siggiewi appeared before Magistrate Noel Bartolo...
NEWS Malta
August 16, 2023
Smugglers Demanded €20,000 for VIP Migration Route
In a recent development, the intricate web of human smugglers has been further exposed by the Spanish National Police and the German Federal Police. As part of an ongoing investigation...
NEWS Malta
August 16, 2023
Why Do Non-EU Workers Leave Their Jobs More Often?
Foreign workers from outside the EU are leaving their jobs twice as frequently as their Maltese counterparts within the first year, as revealed in a report by the Central Bank....
NEWS Malta, Tourism
August 16, 2023
Majority Opt for Overseas Summer Getaways
New data from a survey conducted by MaltaSurvey sheds light on the holiday preferences of the people. Nearly 63% of individuals favored an international vacation over local getaways this summer,...
NEWS Malta
August 16, 2023
Investigation of Suspect Investments in Malta: Riad Salameh Scandal Unveiling
In a startling development, international investigators have turned their gaze towards Malta in a massive probe involving allegations of money laundering and embezzlement, centering around the former Central Bank of...
Finance News, NEWS Malta
August 15, 2023
Positive Performance for Tigné Mall in the First Half of 2023
In a recent announcement following a board meeting held on Friday, August 11, the Tigné Mall plc, the proud owner and operator of The Point Shopping Mall, unveiled a promising...
NEWS Malta
August 14, 2023
Gozitan Entrepreneur Seeks Approvals
In a move that highlights his prowess in the construction industry, Gozitan entrepreneur Joseph Portelli has submitted an application for approval that aims to enhance his ongoing project in Paceville....
Business News, NEWS Malta, Taxation
August 14, 2023
EY Concludes First Edition of Introductory VAT Course
The inaugural edition of EY's Introductory VAT Course has reached its successful completion, awarding certificates to 16 students. Commencing this year in October, the course provides a comprehensive understanding of...
Business News, NEWS Malta
August 14, 2023
Concerns and satisfaction in Malta – survey results
Most people in Malta express their concerns about salaries, cost of living, traffic, power supply, and the country's current population size. However, simultaneously, they show satisfaction with the healthcare services,...
Business News, NEWS Malta
August 10, 2023
Examining the EU Compliance of EPIC Contract Clause
In a recent statement by the Labour Party, it was revealed that MEP Alex Agius Saliba has requested the Director of MCCAA for Consumer Affairs to investigate whether a contractual...
NEWS Malta
August 10, 2023
PM Robert Abela Allegedly Chose “Close Friend” for Transport Malta Position
In a statement released on Thursday, the Nationalist Party (PN) claimed that a "close friend" of Prime Minister Robert Abela has allegedly been selected for the still vacant position of...
Business News, NEWS Malta
August 10, 2023
Airalo Successfully Raises $60 Million in Series B Funding Round
The groundbreaking eSIM marketplace platform, Airalo, which is revolutionizing global connectivity and is part of the GO Ventures portfolio, announced the successful completion of its Series B funding round last...
NEWS Malta
August 10, 2023
July 2023: Record-Breaking Heat with 29.6°C
The scorching heat of July 2023 marked a historic moment as it clinched the title of the hottest month ever recorded by the Meteorological Office. With an average air temperature...
iGaming News, Laws, NEWS Malta, Taxation
August 9, 2023
Flexing Regulatory Muscles: Malta Gaming Authority’s Recent Moves
The Malta Gaming Authority (MGA) has recently demonstrated its regulatory prowess – or so industry insiders suggest. These actions, as they say, might be more than just a show of...
NEWS Malta
August 9, 2023
World’s First Deepwater Archaeological Park Unveiled
In a groundbreaking development, the world's inaugural deepwater archaeological park has been inaugurated off the coast of Xlendi in Gozo, Malta's sister island. With its depth exceeding 110 meters, this...
NEWS Malta
August 8, 2023
ERA Raises Concerns Over Private Property Work
The Environment and Resources Authority (ERA) has recently taken a firm stance, voicing its reservations about a matter that intertwines environmental integrity and financial transparency. The controversy revolves around the...
Banking, Business News, NEWS Malta
August 8, 2023
Church in Malta Reports €8.8 Million Deficit
In the year 2022, the Archdiocese of Malta faced a financial challenge, registering a deficit of €8.79 million. This deficit was a result of a tumultuous year for investments, driven...
NEWS Malta
August 8, 2023
Flying to Malta? Get Ready for Delays
If you're planning a trip to the beautiful island of Malta, be prepared for potential delays in your flight schedule. Recent data from Eurocontrol, an international air traffic management organization,...