The Malta Chamber and Foundation for Transport committed to sustainable mobility

The Malta Chamber of Commerce, Enterprise and Industry, and the Foundation for Transport signed a cooperation agreement to promote forms of mobility that are sustainable, energy-efficient, and respectful for the environment.

“With sustainability being a main pillar in The Malta Chamber’s vision towards ethical economic growth, the ‘Sustainable Mobility Committee’ within The Malta Chamber has been championing this drive towards an eco-friendly future through several initiatives” said Ms Marisa Xuereb, President of The Malta Chamber.

“This cooperation agreement is yet another tangible commitment of how The Chamber is working with different stakeholders to improve the quality of life and wellbeing of all while driving sustainable economic growth,” said Ms Xuereb.

Through this signing, both parties agreed to collaborate on initiatives related to the electrification of the fleet which will result in reduced emissions and an advancement in the technology and expertise in this sector. These include the building of competencies and certification of people and organisations that operate in the sector, the establishment of guidelines to promote a wider adoption of charging stations, and fiscal incentives to electrify their vehicle fleet with a strong emphasis on cost effectiveness.

“The Malta Chamber will add an extended outreach to industry players in the transport industry and will create synergies to explain and educate the general public and the business community about new technologies,” said Mr Joseph Bugeja, Chairperson of the Foundation for Transport.

“It has become increasingly important to instil confidence in new technologies and act proactively by engaging with industry players to:

• gauge first-hand experience on how new technologies impact their business
• understand safety through gained confidence
• gain understanding of what works best for their company
• identify skills gaps and seek solutions to meet training requirements,” said Mr Bugeja.

The agreement was signed by Ms Marisa Xuereb and Mr Chris Vassallo Cesareo as President and Deputy President of The Malta Chamber respectively, and Mr Joseph Bugeja and Mr Anthony David Gatt, Chairperson and Board Administrator of the Foundation for Transport respectively. Dr Ian Borg, Minister for Transport, Infrastructure and Capital Projects, and Dr Marthese Portelli, CEO of The Malta Chamber attended the signing ceremony.

Arkafort joins the first ever Maltese mission in space

Arkafort is proud to announce its new and exciting collaboration with Project Maleth, the very first Maltese scientific programme to be sent to the International Space Station. The much anticipated project could potentially lead to a breakthrough in the treatment of diabetes, which is a common and widespread problem in the Maltese islands.

Arkafort has just joined this venture in order to support the project through its own experts and resources. Together with biomedical scientist and Associate Professor Joseph Borg and his team – who are behind this project – Arkafort will be building a mission control system, connected to the International Space Station, in order to capture the data produced. Arkafort engineers will be building a software through which data – both that produced at the International Space Station and at the labs based at the University of Malta – can then be analysed by the research team.

Project Maleth is widely being described as highly innovative and a game-changer, both on an experimental level and in terms of its potential. Space and microgravity will be offering new grounds for testing and research on 6 human skin microbiomes samples from selected Type 2 diabetic patients with foot ulcers. These samples, will be analysed alongside samples in laboratories. Professor Borg explains that, ‘based on this parallel study, we will be able to compare the bacterial genetics in space and on earth, and we will be able to explore both differences and similarities. The results could lead to specific medicine targeting these microorganisms.’

Arkafort co-founder and Executive Director Gordon Grech explains that this collaboration is an important milestone for Arkafort, ‘at Arkafort, we do not just provide technology-related services to our clients but we also seek to invest in the development of new technology. We firmly believe that by exploring ways how tech can actively contribute towards scientific research and experiments, we would be also fulfilling our long-term goals for the company. And actively contributing towards building a better and more sustainable future.’

Project Maleth is managed by SpaceOMIX, funded by the Ministry for Foreign and European Affairs of Malta, biotech company Evolve Ltd and Arkafort and supported by the Ministry for Research, Innovation and post COVID19 strategy and the Malta Council for Science & Technology. This collaboration was initiated and facilitated by the RIDT at the University of Malta.

Strong Results for leading technology provider BMIT Technologies

BMIT Technologies plc [MSE:BMIT] just announced strong performance results for the first six months of 2021. Despite the challenges that the pandemic is having on the target markets in which it operates, BMIT Technologies reported a positive performance all round.

Revenue for the first half of the year amounted to €12.8 million, a growth of 9.4% over the same period of the previous year. Group earnings before interest, tax, depreciation and amortisation (EBITDA) grew to €5.7 million, a significant increase of 11% when compared to the same period of 2020. Profit before tax was at €4.4 million, an increase of 13%.

“We are extremely proud of the results we have announced today. BMIT Technologies has showed resilience in the face of unprecedented challenges and has built further on the solid results we have registered last year. These results are a reflection of decisions that my board and management team have taken during very uncertain times, and we now look forward towards to a sustained performance in the next years”, commented Nikhil Patil, Chairman of BMIT Technologies plc.

“As we are now entering a post-pandemic phase, BMIT Technologies is committed to building on the performance of these last years. Our stated commitment to look at ways how to expand our offering is progressing at a sustained rate, from the technologies we deploy, the solutions we provide to our customers and also our evaluation of options for further market expansion”, added Christian Sammut, Chief Executive Officer.

BMIT Technologies is a leading provider of technology solutions in Malta, offering a range of services in the datacentre, cloud and managed IT services to a wide range of businesses operating in Malta and across Europe. BMIT Technologies plc is listed on the Malta Stock Exchange [MSE:BMIT].

Proportionate and pragmatic decisions should continue to prevail

The reduction of the mandatory quarantine period for all those who are fully vaccinated from 14 to 7 days as from August 16 is proportionate and pragmatic.

Reacting to the announcement made by the Deputy Prime Minister and the Public Health Superintendent that vaccinated people in contact with COVID-19 cases will spend less time in quarantine, the President of the Malta Chamber, Marisa Xuereb said that the decision is reasonable and good news for businesses, particularly those whose employees cannot perform their work duty away from their workplace and who are hence most severely impacted by long quarantine periods.

“With more than 85% of the adult population fully vaccinated in our country, it is appropriate to adopt measures that reflect the tangible benefits of a high vaccination rate and translate into an improvement in the quality of life of people. Such measures boost public confidence in the effectiveness of the vaccines and provide reassurance that, even with Covid among us, we can adopt more sustainable work-life practices. Cutting down quarantine period by half after surpassing this threshold is another step forward towards the pursuit of a new normality. Had the vaccine uptake not been so high, we would not have been able to do this.” – Marisa Xuereb

Travel safely with new insurance offering from GasanMamo Insurance

Time to dip your toes back in the water, explore those cities and escape the everyday. This year finally holds the promise of many trips that were previously delayed, cancelled or simply impossible due to the global pandemic that spread across the world and brought it to a standstill.

GasanMamo Insurance is aware of the sacrifices made by the local community over the past 18 months following the outbreak of Covid -19. Having followed the effective immunisation programme which has been delivered here, the company has designed an extension to all its travel insurance products which enables GasanMamo clients to travel more safely and with peace of mind.

This extension explains Christopher J. Delicata, Senior Underwriting Manager, provides cover in the event that a client has to cancel a booked trip in the event of contracting the virus. It also provides cover for any medical expenses incurred if the insured person is required to quarantine or isolate or contracts Covid -19 whilst abroad together with a daily benefit if the trip has to be delayed.

This is being offered for all travel policies issued with GasanMamo as from 1st June 2021 and can be purchased online from or through its branches across Malta and any of its authorised intermediaries.

GasanMamo Insurance Limited is one of the leading insurers in Malta with an established reputation of providing stellar service and a large range of insurance products both for individuals as well as for the local business community.

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