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BUSINESSTODAY 9 September 2021

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€1.50 THURSDAY 9 SEPTEMBER 2021 • ISSUE 120 WWW.BUSINESSTODAY.COM.MT PAGE 4 PAGE 6 PAGE 3 PAGE 7 Editorial PAGE 9 DRAWING UP AN ECONOMIC VISION NOT INFLUENCED BY PARTISAN POLITICS PAUL COCKS CORINTHIA Hotels has withdrawn from the development of the luxury 300-room Corinthia Hotel and Res- idences Meydan Beach in Dubai af- ter the other partner in the project sold its interest to another investor, Business Today has learned. Corithia had joined Dubai-based developer Meydan to develop the Corinthia Hotel & Residences Mey- dan Beach Dubai in the Jumeirah Beach Residence area of Dubai. e project, which was originally supposed to be completed and oper- ational in 2019, was to include 300 bedrooms and 60 high-end serviced apartments, offering extensive in- door and outdoor leisure and dining facilities, a luxury spa, a nightclub, and banqueting amenities. Corin- thia Hotels was supposed to operate the hotel and residences. IN August, flights were back to 71% of 2019 levels across Europe. This average, however, conceals a wide variation between countries and also between different traffic flows for each country. Corinthia quits Dubai HSBC Malta and GEMMA launch fraud awareness booklet BTC price tanks 12% on El Salvador Bitcoin debut August Europe flights data shows Malta lagging behind other European countries STAR PERFORMER MSE FTSE 100 € EXCHANGE RATES Trading Date: 7 Sep 2021 Number of Trades: 48 Turnover: €624,155.92 MSE TRX Index: 8,067.134 (Change: -0.525%) 3.5% BOV SUB NTS BV30A - Currency EUR Last Traded 7 Sep, 2021 Price 103.990 Change 2.670 US Dollar 1.1815 British Pund: 0.85896 Japanese Yen: 130.36 Australian Dollar: 1.6040 Swiss Franc: 1.0895 7,104.57 -48.33 7,149.37 / 7,061.13 7,149.37 Value Net variation Previous close High / Low -0.63% Artist's impression of the projected Corinthia Hotel and Residences Meydan Beach in Dubai

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