Tag Archives: Top News

ISRAEL, 15000 NEW ROOMS OF HOTEL TO REDUCE PRICES OF HOLIDAY

The prices of the hotels in Israel are among the highest in the world for both Israelis and foreign tourists. Despite airline tickets, compared to the past, much lower, according to the industry, the Israeli tourism industry still has substantial room for growth.

If for hoteliers prices are still very competitive, especially when compared to those in Europe and Jordanian average, due to stringent regulations which do not allow to increase the profitability margin, for the Minister of Tourism, Yariv Lavin, it is also increase the supply of the number of available rooms.

This is why the idea and to build in the next five years new category 2-3 star hotel with an offer of 15,000 additional rooms are able to expand the supply and reduce costs.

To do that the government has approved a plan to increase the proportion of funding for developers who build low-cost hotels bringing it from the current 20% to 33% on the one hand and on the other supporting the construction of new hotels in the regions of interest, such as Judea and Samaria

(ITALPRESS/MNA).


Source: medNews

MOROCCO, THE FES AIRPORT EXPANSION WORKS COMPLETED

The airport of Fès, in northern Morocco, has adopted new infrastructure to facilitate the arrival of new airlines and a greater number of connections. In detail, it has been built the new terminal 2, an area of 17,000 square meters, and the renovated Terminal 1. The airport currently has a total area of 22,600 square meters, can handle an annual traffic of 2,5 million passengers. The extension works have included new hangar to accommodate a larger number of devices and expanded parking lots for the cars of travelers. The construction of the new terminal required an investment of 479 million dirhams (42.8 million Euros), funded by the National Office of Airports and the African Development Bank. According to data from branched ONDA, the airport of Fez is compliant with standards set by ICAO (International Civil Aviation Organization) and is ISO 9001 and 14001.

(ITALPRESS/MNA).


Source: medNews

ALBANIA, 86 MILLION EUROS TO RESTORE RAILWAY LINE TIRANA-DURRES

The EBRD (European Bank for Reconstruction and Development – European Bank for Reconstruction and Development) announced a loan of 86 million euros to Albania, and more precisely to its railway company HSH -Hekurudha Shqiptare.

This funding will be used to upgrade the railway line between Terminal in Tirana and Durres city of 34.7 km but also for the construction of a railway between the international airport and the terminal.

(ITALPRESS/MNA).


Source: medNews

SLOVENIA, 6 MLN EUROS FOR INVESTMENTS IN AGRICULTURAL

The Slovenian Ministry of Agriculture, Forestry and Food has published in the Official Journal of the notice referred to sub 4.1 4. Support for investment in agricultural holdings for 2016 – Adapting farms to climate change. Allocated 6 million euro subsidy. Eligible costs: the purchase of agricultural land, the cost of construction or restoration of orchards, hop fields, new vineyards, purchase and installation of anti-hail nets, greenhouses and related equipment, the costs of crop plantations perennials, irrigation systems, investments in energy efficiency and the cost of producing energy from renewable energy sources on farms. The co-financing amount is equal to 30% of eligible costs, but can be increased by 5 percentage points for investments in areas with specific natural constraints; 5 percentage points for investments related to the agri-environment-climate payments and to organic agriculture; 10 percentage points for investments of social enterprises; 15 percentage points for collective investment; 20 percentage points for investments made by young farmers.

The percentages mentioned above can be added, but should not exceed 50% of eligible costs. The minimum amount is € 2,000.

(ITALPRESS/MNA).


Source: medNews

LEBANON, RESTRICTIVE SEASONAL MEASURES FOR IMPORTS WHITE CHEESE

The import of white cheese and dairy products has recently been subject to obtaining prior license from the Lebanese Ministry of Agriculture.

Each institution that intends to import milk or white cheese derivatives, is to submit a request to the Ministry, indicating the country of origin of goods and the amount that is deemed to import.

This restrictive measure will be applied seasonally, from early January to late April every year, in order to protect local industry.

In 2015, Lebanon imported 39.024 tons of cheese, in the amount of $ 157 million. Main exporting countries are Egypt with 5,602 tons (14.4%) for a value of $ 14 million (8.9%) and Syria with 2,383 tons (6.1%) for a value of $ 3 million (1.9%).

(ITALPRESS/MNA).


Source: medNews

MUSCAT "EU REFERENDUM FOR MALTA? IT WOULD BE SUICIDE"

Prime Minister Joseph Muscat insisted any suggestions that Malta should hold an EU in/out referendum would be tantamount to “suicide”.

“We are already witnessing the shock in the UK. Malta has made its choice. We are a success within the EU and will continue to be so. Such talk of leaving would be populist, it would only serve as a threat to jobs”, Muscat said. 

Addressing a news conference, Dr Muscat spoke about the implications on Malta in the wake of the shocking EU exit referendum vote but repeated twice: “Malta is well prepared for the scenario”.

Malta will retain a zero VAT rate on food and medicines, despite the UK’s anticipated exit from the EU, Prime Minister Joseph Muscat said this morning. 

During accession negotiations, Malta had obtained a derogation to retain a zero VAT rate on grounds that the UK had set a precedent. Malta had established that the concession had now become permanent. 

Essentially, he said the UK’s exit from the European bloc did not pose any threat to Maltese banks. However, the government has already identified five companies with heavy UK importation which may need Maltese state support. 

There are an estimated 27,000 Maltese living in UK, of whom 1,025 are students. No impact is expected in the coming two years though after the UK’s exit, the fees for third country nationals would double.

“However, there are solutions. EU will discuss deals on this front. If there is no EU deal then we would seek a bilateral agreement between Malta and UK,” he said. 

It was still too early to analyse the impact on tourism but the number of British people visiting the island this summer was not expected to change. 

The UK is lined up to assume the EU presidency after Malta in 2017. Asked whether Malta was prepared to extend its term, Muscat said he would prefer to see Estonia assume that role. Estonia is lined up to take on the EU presidency in the first half of 2018. 

(ITALPRESS/MNA).


Source: medNews

BREXIT, POSSIBLE CHALLENGE TO MALTA'S TOURISM INDUSTRY

The Malta Hotels and Restaurants Association (MHRA) notes the results of the BREXIT referendum and is currently discussing with the Ministry of Tourism with a view to address possible reactions to the results that may impact the Maltese tourism sector. 

Tourism from the UK represents 30% of the total number of visitors to Malta, contributing just under half a billion euro in 2015 to our economy. MHRA President Tony Zahra states that, “The Brexit results represent an important development in world politics and economics which will have an impact on Malta, including the tourism sector. From a basic economic perspective a weaker sterling will get less euro for its pounds, so it will be more expensive for the British traveller to holiday outside UK. But it’s more complicated than that, especially in terms of British holidaymakers’ behaviour. Past experience has demonstrated that demand for overseas travel by the British traveller is price sensitive. However there are other issues which need to be considered such as the impact on the freedom of the skies and its effect on airlines including Airmalta, travel insurance policies, and the general impact that may result as a result of instability.” 

Towards this end MHRA will be organising a seminar next week addressing these matters and accordingly what needs to be done to ride the wave. This initiative is being supported by the Ministry of Tourism.

(ITALPRESS/MNA).


Source: medNews

SLOVENIA, COOPERATION WITH THE RUSSIAN FEDERATION

The Minister of Economic Development, Zdravko Poivalšek, participated Friday in St. Petersburg at the International Economic Forum where he met senior government officials. In the statement of the Ministry of Economic Development it is highlighted that during the meeting with the Minister of Communications Nikolay Nikiforov has focused on the questions started during the last visit of Po?ivalšek in Moscow last April. Nikiforov has reiterated the interest of some Russian companies to invest in energy and infrastructure, including the construction of the second track Divaa-Koper. Poivalšek was also received by the Vice-Minister for Economic Development, Alexei Likhachev.
(ITALPRESS).


Source: medNews

MALTA, VELLA "PROVIDING YOUNG PEOPLE WITH BETTER PROSPECTS"

The Minister for Foreign Affairs, George Vella, has highlighted Malta’s long-standing position that the only way to address the challenges of migration is to address the underlying causes within countries of origin.
Speaking at a meeting of EU Foreign Affairs Ministers Meeting in Luxembourg (Foreign Affairs Council), Minister Vella highlighted the need to focus particular attention on young people. “Providing young people with better prospects is key to combating violent extremism and the causes of migration,” stated the Minister during an exchange on the situation in the Sahel region, which also took stock of the EU comprehensive approach to security and development in the region.
The Minister added that mainstream youth empowerment “should serve to promote education and youth employment in order to provide alternatives to illegal activities.” He called for more focus in EU support in order to enable youth in the region to be agents of positive change.
The Minister also welcomed the commitment expressed by the Sahel G5 countries (Burkina Faso, Niger, Mauritania, Mali and Chad) to tackle common security and development challenges with the EU during a meeting in Brussels on 17 June. He stated that EU missions in Niger and Mali are contributing to stability and capacity-building in the region, and also encouraged improved engagement between Sahel countries and Libya, notably with regard to border management. During the meeting, Ministers also discussed the Middle East Peace Process (between Palestine and Israel) as a follow up of an international conference which was held in Paris on 3 June. In this regard, Minister Vella commended the French initiative, stating that it was “both timely and necessary to rekindle the prospects of peace talks and keep the two-state solution alive.” Minister Vella also referred to the pending report to be issued by the Quartet (the UN, the United States of America, the EU and Russia) and underlined the importance for the international community to be ready to take steps forward, based on the recommendations of this report.
Other issues which were discussed by the Foreign Affairs Council meeting were the EU integrated Policy for the Arctic and visa liberalisation in the context of EU-Georgia relations. Finally, Ministers also discussed political developments in the Former Yugoslav Republic of Macedonia (FYROM).
(ITALPRESS/MNA)


Source: medNews

TURKEY IS THE THIRD LARGEST GAS IMPORTER IN EUROPE

Last year, Turkey was third among European countries, after Germany and Italy, for the liquid natural gas imports (LNG) and natural gas through the pipelines. According to the BP World Energy Statistics Report, the natural gas trade reached a total of 704 billion cubic meters last year, an increase of 4% over the previous year.

The report shows that Turkey has purchased a large quantity of LNG and natural gas from Russia and Algeria. In 2015, Germany, Italy and Turkey imported respectively 104, 50 and 40 billion cubic meters.

(ITALPRESS/MNA).


Source: medNews

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