Scope Ratings GmbH (Scope) has affirmed the Malta’s long-term issuer and senior unsecured debt ratings at A+ in both local and foreign currency and maintained the Stable Outlook. In addition, the short-term issuer rating has been affirmed at S-1+ in both local and foreign currency with a Stable Outlook. Summary and Outlook The affirmation of …

Scope affirms Malta’s credit ratings at A+ and maintains the Stable Outlook Read More »

23.09.2021 Mnajdra is one of the most ancient religious sites on Earth. These were built a thousand years before the Pyramids at Giza making the Mnajdra Temples one of the oldest surviving free-standing man made structures. It is made of Coraline limestone which is a very hard form of limestone.  The site consists of three …

The New Autumn Season at the Mnajdra Temples Read More »

22.07.2021 According to the European Centre for Disease Prevention and Control (ECDC), Malta has given at least one dose of the COVID-19 vaccine to everyone over the age of 60, making Malta the only country to succeed in vaccinating all those over 60. This data is updated regularly on the EU agency’s Vaccine Tracker platform, …

Malta is the first EU country to have all people over 60 vaccinated Read More »

13.07.2021 Maltese ultra-endurance swimmer, Neil Agius has broken the World Record for the Longest Ocean Swim. Agius took around 50 hours to swim a total of 125km from the island of Linosa to Malta beating the previous record held by Britain’s Chloe McCardel of 124.4km. The ex-Olympian arrived at 10pm in Gozo to a cheering …

Young Maltese man breaks World Record for Longest Distance Ocean Swim Read More »

05.07.2021 After the seven year long absence, on 1st July, Air Malta flew to Libya. Last time Air Malta operated its last scheduled service to Tripoli International Airport was in July 2014 as flights to Benghazi were suspended following the closure of the airport in May 2014. This unscheduled flight to Tripoli’s Mitiga Airport was …

Air Malta flies to Libya once again Read More »

31.07.2020 Administrations and covers the waters of the European coastal States and the North Atlantic basin from North America to Europe. The current member States of the Paris MoU are: Belgium, Bulgaria, Canada, Croatia, Cyprus, Denmark, Estonia, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Latvia, Lithuania, Malta, the Netherlands, Norway, Poland, Portugal, Romania, the Russian …

Malta Places 17th in Both the Paris and the Tokyo Lists of MoU on Port State Control Read More »

June 10, 2020 With Covid-19 behind, Malta is now looking at stimulating the economy to bring it back to December 2019 levels. A massive boost has been announced by the Government yesterday evening launching a myriad of incentives, tax cuts, tax refunds and grants.  The most significant is the one time property purchase tax of …

Malta – Massive Financial Package Announced Read More »

May 20, 2020 The government has allocated a budget of €2,500,000 for a scheme that will subsidise rent for new businesses. The subsidy  will be applicable between 1st February 2020 and 31st December 2022.  The Government said that the purpose of the scheme is to financially assist new businesses and self-employed that would like to …

Malta Industrial Rent Subsidy Scheme Launched Read More »

Malta and Cyprus stand tall as covid wreaks havoc in Europe May 9, 2020 While Italy, Spain and the UK struggle to cope with the Covid-19 pandemic, Mediterranean islands as well as Greece are standing out as model countries to learn from. With very low mortality rates (to date 5 in Malta and 15 in …

Malta and Cyprus stand tall as covid wreaks havoc in Europe Read More »