Tag: MIDI
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MIDI doesn’t have the cash to build its luxury properties in Manoel Island
The Maltese Herald is still conducting a deep analysis of the finances of MIDI. However, at a first glance of their annual report of 2023, MIDI clearly doesn’t have the cash to go ahead with the project at Manoel Island. MIDI can only finance its project at Manoel Island if it takes new bank loans…
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Prime Minister to revise contract and explore options: rules out compensation for shareholders
Interviewed earlier today, Prime Minister Robert Abela stated a position that is more open to change on Manoel Island after he said that he will be revising the contract and check whether there have been any breaches of contract. The Prime Minister once again blamed the previous Nationalist administration for giving out such a generous…
