MIDI plc has confirmed that it has entered into an in-principle agreement with the Maltese government to relinquish a substantial part of its long-standing development concession. The agreement relates specifically to Manoel Island and Fort Tigné, two high-profile sites that have been central to the company’s development plans for more than three decades....
Continue Reading
NEWS Malta
January 16, 2026
Sliema Townsquare tower dispute and confidential settlement
The long running controversy surrounding the proposed Townsquare tower development in Sliema has once again drawn public attention following disclosures about a confidential settlement agreement between developer Michael Stivala and...
NEWS Malta
October 7, 2025
Malta government silent on housing project details
The Maltese government’s much-publicized “affordable housing” initiative, spearheaded by the Foundation for Affordable Housing and overseen by Minister for Social and Affordable Accommodation Roderick Galdes, has become the subject of...
NEWS Malta
June 10, 2025
Mercury Towers reports €12.7M loss in 2024
One of the most high-profile and ambitious real estate ventures in Malta, the Mercury Towers development spearheaded by developer Joseph Portelli, has reported a significant financial loss in its latest...
NEWS Malta
February 19, 2025
Gozo Minister denies links to property developer
Gozo Minister Clint Camilleri finds himself at the center of a growing controversy as he faces allegations concerning potential business ties with well-known Gozitan developer Francesco Grima, commonly referred to...
NEWS Malta
February 3, 2025
Gozo Land Expropriation Raises Serious Concerns
A recent investigation into a controversial land expropriation in Gozo has sparked significant concerns over potential conflicts of interest involving Gozo and Planning Minister Clint Camilleri. The €1 million land...
NEWS Malta
January 27, 2025
Court Rules in Favor of Abela Family’s Hotel Plans
A recent decision by the Court in Gozo has cleared the way for Prime Minister Robert Abela and his wife, Lydia, to continue their development project in Xewkija. The project...
Accounting, Taxation
February 9, 2024
Tax Incentives for Maltese Property Investment
Avail yourself of the beneficial tax incentives when considering investing in Maltese property. Understanding the advantages and potential pitfalls of these tax breaks is crucial for anyone looking to enter...