**Company ordered to pay €73,000 to ex employee injured on construction site** In a landmark ruling that underscores the importance of workplace safety, a local construction firm has been ordered by the Maltese courts to pay €73,000 in damages to a former employee who sustained serious injuries while working on one of their sites. The…
— **Frida Kahlo’s Masterpiece Shatters Records: A Cultural Triumph for All** In a landmark moment for the art world, Frida Kahlo’s painting, *Dios me lo perdone si he de pecar contigo*, has sold for a staggering $54.7 million at Christie’s auction house in New York, setting a new record for the highest price paid for…
**RS2 Receives Principal Issuing Member Status in Europe: A Milestone for Malta** In a landmark achievement for the Maltese financial sector, RS2, a leading financial services provider based in Malta, has been granted Principal Issuing Member status in Europe. This prestigious recognition not only highlights RS2’s prowess in the global financial arena but also underscores…
**Government Reaffirms Commitment to Malta’s Maritime Sector at Major Industry Event** Malta’s vibrant maritime sector has long been a cornerstone of the island’s economy and culture, and the recent industry event highlighted just how integral this sector is to the nation’s identity. At a grand gathering of maritime professionals, government officials, and enthusiasts, the Maltese…
— This summer has seen an unprecedented surge in the approval of new homes in Malta, a trend that has significantly impacted the local community and economy. As the Maltese summer sun blazes down on the island, the construction sites are equally buzzing with activity, reflecting a dynamic shift in the housing market. ### The…
### First Collective Agreement for State Advocate Administrative Workers: A Milestone for Malta’s Public Sector In a historic move that marks a significant milestone for Malta’s public sector, the administrative workers of the State Advocate’s office have finally secured their first-ever collective agreement. This landmark development not only highlights the evolving labor dynamics in Malta…
## Turkish Financial Crime Probe into Firms Owned by OpenPayd Founder: A Closer Look from Malta In the world of international finance, news travels fast, and the latest developments in the Turkish financial crime probe into firms owned by OpenPayd founder, Burak Özçelik, have certainly caught the attention of Malta’s business community. As a hub…
— **Crypto Exchange with Malta Base Under Scrutiny Over Scam Links** Malta, often dubbed the “Blockchain Island,” has been at the forefront of the cryptocurrency revolution. The island nation has embraced blockchain technology with open arms, positioning itself as a global hub for cryptocurrency and blockchain startups. However, recent developments have cast a shadow over…
# Malta’s Vision for a Mediterranean AI Hub: Where Sunshine Meets Supercomputers The Mediterranean, a region renowned for its idyllic sunshine, rich cultural heritage, and vibrant communities, is now setting its sights on becoming a hub for artificial intelligence (AI). Malta, with its strategic location, advanced technological infrastructure, and highly educated workforce, is at the…
**Lacklustre Trading Across Local Equities: A Closer Look at Malta’s Current Financial Landscape** Malta’s financial sector has always been a hotbed of activity, with investors from around the globe keen to tap into its robust economy and favourable tax laws. However, recent trends have shown a marked slowdown in trading across local equities. This lacklustre…
**Watch: New AI Strategy Launched with 83 Measures Aimed at Boosting Tech Sector** Malta is on the brink of a technological revolution, and at the heart of it is a newly unveiled strategy that promises to catapult the island’s tech sector to new heights. Earlier this week, the government announced an ambitious plan featuring 83…
**New CEO at TradeMalta: A New Chapter for Malta’s Economic Future** Malta has long been a beacon of economic resilience and innovation in the Mediterranean, and the appointment of a new CEO at TradeMalta marks a significant milestone in the country’s ongoing journey towards economic excellence. As the national agency responsible for driving foreign direct…
