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A joint venture has been formed between Malta Enterprise and the Singapore company International Energy Group (IEG) with the aim of developing Malta into a trading hub for energy products between Europe and Asia.Malta Enterprise will have a minority shareholding in the company in Malta.Earlier this year, Malta Enterprise signed a Memorandum of Understanding with the consortium of private Singapore entrepreneurs that now own IEG.IEG has been set up recently for the purpose of acquiring business from other companies on the Singapore Stock Exchange.

Malta was ranked in second place worldwide for the quality of Foreign Direct Investment (FDI) that it attracts by the authoritative IBM Global Location Trends Report (2014), which takes into account the FDI projects approved during 2013. The IBM Global Location Trends Report measures FDI success on different tracks, including the type of investment projects and their value to the economy. IBM claims that this type of evaluation of FDI investments is “an increasingly important metric for gauging inward investment performance”.

The talent of local photographers was expressed in a number of high quality submissions for the photographic competition organised by Malta Enterprise with a focus on Malta's industrial heritage.A panel of 5 judges reviewed the submissions, with their choice ultimately awarding photographer Stephen Vella.The competition was organised with the aim of diffusing better appreciation and understanding of Malta’s rich industrial heritage and milieu, which spans back for entire decades and reflects the changes that the country itself has gone through.A gallery with the photographs submitted for th

Four units at the Kordin Business Incubation Centre (KBIC) have been dedicated to the newly set up MCAST Entrepreneurship Centre, thereby giving the opportunity to entrepreneurship students attending the College to benefit from the incubation services and start their own business.The selection board took into consideration the business plans submitted by the companies, as well as their innovation and sustainability in choosing the first four tenants.

A well-attended meeting with over 60 stakeholders from the aviation industry and related services kick-started the Business Aviation Cluster Excellence initiative.Driven by Malta Enterprise with the support of the Ministry for Tourism, Transport Malta and the Malta Business Aviation Association (MBAA), the initiative seeks to identify the opportunities and address the challenges within the business aviation industry.Through the direct feedback received from industry, the initiative will also establish the actions that may be taken to stimulate innovation within the industry and raise its na

A new series of courses with the aim of equipping small and medium enterprises with the necessary knowledge and skills to make the best use of electronic commerce have been launched by Malta Enterprise in collaboration with the Ministry for the Economy, Investment and Small Business and one of the leading ICT schools in Malta, TCTC.The EBIZ courses will help businesses – including shopowners and self-employed – to overcome the challenges posed by the limitations of the traditional markets and to take advantage of the opportunities provided by the latest developments in ICT, particularly in

Eminent scientists and thinkers from around the world were brought together in Malta for the ‘Cosmos in the Med’ workshop, the latest in a series of ‘Teaching the Universe’ workshops given by Nobel laureate Professor George Smoot.An American astrophysicist and cosmologist, Professor Smoot won the Nobel Prize in Physics in 2006 for his work with John C. Mather that led to the discovery of fluctuations in the Cosmic Microwave Background.Other world-renowned speakers at the workshop included Prof.

Eminent scientists and thinkers from around the world were brought together in Malta for the ‘Cosmos in the Med’ workshop, the latest in a series of ‘Teaching the Universe’ workshops given by Nobel laureate Professor George Smoot.An American astrophysicist and cosmologist, Professor Smoot won the Nobel Prize in Physics in 2006 for his work with John C. Mather that led to the discovery of fluctuations in the Cosmic Microwave Background.Other world-renowned speakers at the workshop included Prof.

The latest edition of the Doing Business in Malta report is available online.The report does not only give an overview of the Maltese economy and work carried out by Malta Enterprise in the past year, but it also provides the current investors' outlook as well as basic data about setting up and operating in Malta.Amongst others, it includes information about employment, education, telecommunications, utility services, taxation, license fees, lifestyle and several other issues that prosp

Malta Enterprise is organising a photographic competition with the scope of diffusing better appreciation and understanding of Malta’s rich industrial heritage and milieu, which spans back for entire decades and reflects the changes that the country itself has gone through.Having the theme of “Industrial Landscapes: Development and Decline”, the competition is an opportunity to explore the local industrial landscape from an artistic perspective.