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BUSINESS TODAY 31 August 2023

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€1.50 THURSDAY 31 AUGUST 2023 • ISSUE 221 WWW.BUSINESSTODAY.COM.MT PAGE 2 PAGE 4 Chamber of SMEs to discuss road works' impact on businesses Carmelo Stivala Group submits €38.5 million bid to rehabilitate Pixkerija MATTHEW FARRUGIA THE Chamber of Small and Medium Enterprises is to hold a meeting with its members regarding the impact of pro- longed road closures on their business- es. Speaking to this newspaper, Chamber of SMEs CEO, Abigail Mamo confirmed that a number of businesses were ex- pressing their concern regarding road works that are not finished in a timely manner, resulting in months of disrup- tion for businesses. Mamo stated that while most road works are completed within the stipulat- ed time period with the least impact pos- sible to nearby businesses, road works that take months create massive difficul- ties. STAR PERFORMER MSE FTSE 100 EUR EXCHANGE RATES Trading Date: 30 Aug 2023 Number of Trades: 84 Turnover: € 1,376,138.18 MSE TRX Index: 7,970.52 Change: -0.489% Name: 4% EDF PLC UNS MT0000141227 - Currency € Last Traded: 30 August 2023 Price 99.000 Change +1.000 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% PAUL COCKS CARMELO Stivala Group, whose CEO and one of the ultimate beneficial owners is Michael Stivala, president of the Malta Developers Association, has submitted a €38.5 million bid for the rehalibitation of the old fish market site, known as il-Pixkerija, in Valletta. Other bids were submitted by Bonni- ci Brothers Ltd. A call for proposals for the project was issued in March 2023 and speci- fied a minimum investment of €18 mil- lion for a 65-year concession.

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