MIDI plc, the developer historically associated with the major Tigné Point and Manoel Island concession in Malta, appears to be approaching the final phase of its corporate journey after accepting a government settlement that may ultimately lead to the company winding down operations as early as next year. This development represents a significant turning point in one of Malta’s most closely watched real estate and public land stories, involving questions of governance, contractual obligations, investor confidence and taxpayer accountability....
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NEWS Malta
September 24, 2025
Controversy grows over Fortina land undervaluation in Malta
Momentum, a Maltese political movement, has called on members of parliament from both the Labour Party (PL) and Nationalist Party (PN) to take legal action demanding the rescission of the...
NEWS Malta
September 22, 2025
Momentum urges Labour to clarify Zammit Tabona donations
The Maltese political scene has once again been shaken by controversy surrounding the transfer of prime public land to private developers, an issue that continues to draw scrutiny from opposition...
NEWS Malta
June 23, 2025
MMH bondholders protected after company rescue deal
Investors holding the €15 million bond from the Mediterranean Maritime Hub (MMH) have received reassurance, as a strategic agreement has been finalized to prevent the company from facing an impending...
NEWS Malta
June 16, 2025
Shoreline project faces legal dispute over €56M bill
The team responsible for the high-profile Shoreline real estate development in Kalkara, Malta, is presently entangled in a multifaceted and serious legal conflict. This controversy centers around an unpaid construction...