Activists who campaigned long and hard for Manoel Island to be turned into a public park have welcomed the €43 million deal reached between the government and the MIDI Consortium for the island to be returned to the state. Several NGOs had banded together a year ago, forming the campaign, Manoel Island: Post Għalina. Moviment Graffiti and Flimkien
MIDI plc has formally accepted a government offer to relinquish its 99-year concession over Manoel Island and Fort Tigné in exchange for a multi-million-euro payout, confirming revelations published last week by The Shift that the deal amounts to a de facto bailout. In a company announcement on Tuesday, MIDI plc confirmed that it had reached an in-principle
MIDI plc has formally accepted a government offer to relinquish its 99-year concession over Manoel Island and Fort Tigné in exchange for a multi-million-euro payout, confirming revelations published last week by The Shift that the deal amounts to a de facto bailout. In a company announcement on Tuesday, MIDI plc confirmed that it had reached an in-principle
Manoel Island and Fort Tigné will be returned to the Maltese public after government reached an agreement with MIDI plc to terminate a long-standing development concession. Prime Minister Robert Abela announced the move in a video message, saying it delivers on a promise to give Manoel Island back to the people, with Fort Tigné included in the same
MIDI plc said Tuesday it is set to receive €47.321 million in reimbursement as part of an in-principle agreement with the government for the partial rescission of its long-standing emphyteutical concession over Manoel Island and Fort Tigné. In a company announcement issued on the Stock Exchange on Tuesday, MIDI said that after adjusting for the reimbursement
The following are the top stories in Malta's newspapers on Tuesday. Times of Malta reports that Malta is seeking foreign support for a permanent solution to the stricken Russian tanker drifting close to the island. It also says that according to a new report, indoor crime now accounts for a third of offences. The Malta Independent says the prime minister
An agreement has been reached between the government and Midi Consortium for the termination of the 99-year emphyteutical grant of Manoel Island and Fort Tigne'. The agreement was announced in a Facebook broadcast by Prime Minister Robert Abela, who said the two prime sites will be 'returned to the people'. The Midi consortium was granted the concessions
An agreement has been reached for Manoel Island and Fort Tigne to return to government hands, Prime Minister Robert Abela announced on Monday night. In a video message uploaded to social media on Monday, Abela said that he had just been informed that the board of directors of the MIDI consortium had accepted an offer which will see both Manoel Island
