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FROM BUSINESS NEWS|TOURISM|EDUCATION

FIRST PHASE OF AMERICAN UNIVERSITY OF MALTA APPROVED

25th August 2016

The Planning Authority today approved the first phase of the American University of Malta (AUM) project at Dock 1 in Cospicua.

FROM INTERNATIONAL FINANCIAL NEWS

WHATSAPP PAVES WAY FOR CORPORATE MESSAGING

25th August 2016

WhatsApp will start letting some companies send messages to users, as the company announced that it would soon begin sharing more data with Facebook, the company which bought it in 2014.

FROM BUSINESS NEWS|CORPORATIONS & ENTITIES|CORPORATIONS

MALTA DEVELOPMENT BANK APPROVED BY EUROPEAN COMMISSION

24th August 2016


Following months of negotiations, the College of Commissioners of the European Union has approved the setting up of Malta’s Development Bank and found it to be in line with EU state aid rules.

FROM BUSINESS NEWS

FDI NET INCREASE OF €4.1BN IN 2015

24th August 2016

The stock position of Foreign Direct Investment in Malta as at the end of December 2015 stood at €152.3 billion, while Direct Investment abroad amounted to €61.6 billion, according to figures published by the National Statistics Office (NSO).

FROM INTERNATIONAL FINANCIAL NEWS

RESTRUCTURING CARRIES QANTAS TO RECORD PROFITS

24th August 2016

Qantas, Australia’s national airline, has posted record annual profits of A$1.42bn, nearly doubling last year's result, and allowing it to pay a final dividend to shareholders for the first time since 2009.


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      6.500
      0.100
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      2.350
      (NC)
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      1.020
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