News & Articles

Wednesday, Mar 23, 2022

Malta | Bank of Valletta announces strong 2021 financial results despite challenges

* * The Bank of Valletta Group reported a profit before tax of €80.7 million for the financial year ending 31 December 2021. *The Group’s results were announced by Bank of Valletta (BOV) Chairman Dr...

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Tuesday, Mar 22, 2022

60,000 tourists visited Malta in January - less than half pre-pandemic levels

Latest data comes as tourism sector demands relaxation of travel rules. *Malta welcomed almost 60,000 visitors in January, a major increase on the same month last year but a far cry from pre-pandemic ...

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Tuesday, Mar 22, 2022

MHRA backs calls to remove remaining Travel Restrictions

*The Malta Hotels and Restaurants Association (MHRA) fully supports calls by travel and tourism stakeholders to end all remaining travel restrictions.* Whilst recognizing efforts spearheaded by the r...

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Thursday, Mar 17, 2022

Med’s 1st offshore wind farm to fuel Italy’s energy revolution

*The Mediterranean's first offshore wind farm is rising from the shallows off Italy with its turbines offering a glimmer of hope for Europe, which is suffering an energy crisis exacerbated by the Russ...

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Thursday, Mar 17, 2022

Egypt faces rising bread costs as Ukraine war halts wheat exports

* * *Food prices in Egypt were already climbing before Russia invaded Ukraine and now bread, a politically symbolic staple on which many Egyptians heavily depend, is also becoming more expensive as ex...

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Tuesday, Mar 15, 2022

Malta International Airport CEO Alan Borg says time to remove COVID restrictions as travel picks up

Malta Airport sees 24% rise in traffic over January, with healthy seat-load factor of 70% showing improved demand for travel from UK *Passenger traffic into Malta International Airport registered a se...

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Tuesday, Mar 15, 2022

Malta Business Bureau acknowledges the progress on negotiations regarding Gender Balance on Boards of Listed Companies at EU Level

* * * The Malta Business Bureau (MBB) believes in the added value that diversity brings within companies, including at Board room levels.* The EU Council today adopted the proposal for a Directive on ...

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Sunday, Mar 13, 2022

Snow brings further disruption to Turkey, Greece

*As forecasted, a weekend of heavy snowfall sweeps over part of Turkey and Greece causing disruptions and travel chaos.* Four lorries and a clearing vehicle crashed into each other on a motorway in Is...

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Sunday, Mar 13, 2022

Business travel sector struggles to recruit and retain staff

*The corporate travel sector is struggling to recruit and retain staff as business recovers after losing up to 60% of staff at the high point of the pandemic.* Pat McDonagh, chief executive of Clarity...

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Friday, Mar 11, 2022

Airports and Airlines call for all intra-EU COVID Travel Restrictions to be Dropped

*ACI EUROPE (Airports Council International) and the International Air Transport Association (IATA) called for all remaining COVID restrictions applying to intra-EU and Schengen area travel to be drop...

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Wednesday, Mar 09, 2022

Total Cruise Passenger traffic during the fourth quarter of 2021 amounted to 44,994

*During the fourth quarter of 2021, there were 34 cruise liner calls in Malta. Transit passengers accounted for the absolute majority of total traffic, reaching 42,166 passengers. On average, every ve...

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Wednesday, Mar 09, 2022

Turkish Airports welcomes 9.4M Passengers in February

*Turkey's airports hosted 9.4 million passengers in February, the country’s air travel authority announced Tuesday.* The figure was 74% higher than that of February 2021 when the number of air passeng...

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