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BUSINESS TODAY 26 January 2023

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€1.50 THURSDAY 26 JANUARY 2023 • ISSUE 190 WWW.BUSINESSTODAY.COM.MT PAGE 2 PAGE 3 PAGE 5 Joinwell and FXB in merger agreement Malta added to Visa's Innovation Program Europe Firm granted two-year gas and oil exploration license PAUL COCKS JOINWELL and FXB, two of the long- est established furniture companies in Malta, have entered into a memoran- dum of understanding to merge their companies. e two companies combine 200 years of experience as pioneers in the furni- ture importation and manufacturing sector. Today, Joinwell is a recognised leader in kitchens, bedrooms, living rooms and other imported furniture whilst FXB is a dominant presence in contract furni- ture manufacturing, bespoke and office. e FXB Group has in recent years also established a presence in air-con- ditioning, renewable energy, bathrooms and tiles through their subsidiaries Econetique and Bath Concept. STAR PERFORMER MSE FTSE 100 EUR EXCHANGE RATES Trading Date: 25 Jan 2023 Number of Trades: 43 Turnover: € 344,140.12 MSE TRX Index: 7,461.31 Change: 7,398.68 (-0.100%) Name: 3.5% SFC PLC UNS MT0000071234 - Currency € Last Traded: 25 Jan 2023 Price 92.500 Change +2.490 US Dollar 1.0388 British Pound: 0.86477 Japanese Yen: 144.59 Australian Dollar: 1.5451 Swiss Franc: 0.98700 7,587.67 75.67 7,592.39 / 7,512.00 Value Net variation High / Low +1.01% → direct Bespoke investment service tailored to your specific needs. discretionary portfolio management and receive a top-up of up to €200* Apply now 2557 4400 MeDirect Bank (Malta) plc, company registration number C34125, is licensed to undertake the business of banking in terms of the Banking Act (Cap. 371) and investment services under the Investment Services Act (Cap. 370).

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