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Malta
Treasury set to launch new MGS
Last Friday, the Accountant General announced the issuance of two Malta Government Stocks, namely the 1.5 per cent MGS 2022 (IV) Fungibility Issue and the 2.1 per cent MGS 2039 (I) with prices yet to be announced. The two stocks will in aggregate be of €100 million, subject to an ...
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USA Malta
IMF sees subdued global growth
The International Monetary Fund (IMF) said that advanced economies should rely on their monetary, fiscal and structural tools to lift growth prospects while adjusting their growth forecasts. In its latest World Economic Outlook, the IMF forecasts a global growth of 3.1 per cent in 2016, with a slight increase to 3.4 ...
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USA Malta
Traffic situation unacceptable; crisis needs immediate action - GRTU
The traffic situation has become unbearable and unacceptable, the GRTU Malta Chamber of SMEs said, adding that it has been inundated by members’ concerns from across widespread business sectors that the alarming situation is not just one of frustration and tardiness, but profitability and competitiveness.Justifications related to infrastructure and discussing ...
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Singapore Malta
Paceville developers might have to go back to the drawing board after master plan unveiling
Some developers who have set their sights on Paceville might have to go back to the drawing board, as the master plan for the area recently unveiled by the government does not match some of their proposals.On closer inspection of the master plan, The Malta Independent on Sunday can reveal ...
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Qatar USA Portogallo Malta
Banif Bank could be just the beginning – Al Faisal managing director
Can Banif disclose the value of the share acquisition?This investment consists of the acquisition of Portuguese shares in the Malta branch. For us it’s an investment because we transferred our investment upfront, but off course the money went to Portugal. In the past, Al Faisal Holdings had assets in other ...
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Malta
Correspondence shows Malta stonewalling official Libyan government over charge d’affaires
Top picture: Mr MusratiOfficial correspondence from the United Nations-recognised Libyan government – the Government of National Accord – seen by this newspaper, has shown how the Maltese government has been effectively stonewalling the government that it says it recognises.The issue revolves around who, exactly, is the charge d’affaires for the ...
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USA Malta
Malta announces finch trapping season in face of EU legal action
The government announced on Friday the opening of the bird trapping season, despite the fact that Malta is facing legal action by the European Commission over allowing the trapping of seven species of finch.The bird trapping season will open on 20 October and will close on 31 December, according to ...
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USA Malta
$67 billion Libyan Investment Authority sees Malta platform as ‘vital to its credibility’
The Libyan Investment Authority, which holds some $67 billion in assets, sees its platform in Malta as vital to its credibility.The president of the Interim Steering Committee of the Libyan Investment Authority (LIA), Ali Hassan Mahmoud, recently hosted its first unified meeting attended by the Steering Committee and the leadership ...
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Nigeria
SANs condemn DSS crackdown on judges
We are not in 1984 The Federal Government should know that this is not 1984. By 1984, I refer to that year and the dystopian novel written by George Orwell on dictatorship. Nigeria is a country ruled by law and even for the worst of crimes, we must follow the ...
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Nigeria
Regulatory environment slowing down MSMEs’ growth
IFE OGUNFUWA examines factors responsible for slow growth of Micro, Small and Medium Enterprises Several surveys on entrepreneurial activities in Nigeria indicate that most Micro, Small and Medium Enterprises struggle to survive and cannot compete with their counterparts in other countries due to high cost of doing business. The 2016 ...