business

Spain’s Golden Visa among top five investor choices in Europe so far this year
Spain’s Golden Visa among top five investor choices in Europe so far this year

Although applications have slowed down slightly, Spain and the Canary Islands are still one of the main places people want to live...

The Canaries lead tourist recovery with 919,098 international passengers in June
The Canaries lead tourist recovery with 919,098 international passengers in June

The islands expect 14 million visitors in 2022, already 1 in 4 international travellers are from the UK…

Deutsche Bank saves Naviera Armas with a 100 million euro loan
Deutsche Bank saves Naviera Armas with a 100 million euro loan

They have granted a loan of between 100 and 150 million euros after SEPI denied a public bailout at the end of June...

Strikes caused the last minute cancellation of 30 flights on Friday
Strikes caused the last minute cancellation of 30 flights on Friday

This strikes of both Ryanair and EasyJet cabin crew coincided to cause chaos at some Spanish airports...

ALDI continues opening new stores with its first two in Tenerife
ALDI continues opening new stores with its first two in Tenerife

The company opened stores in Arafo and Los Rodeos yesterday, three in the south will open in August...

Inflation reaches 10.2% in Spain the highest rate since 1985
Inflation reaches 10.2% in Spain the highest rate since 1985

The biggest price rises have been seen in transport costs, housing, leisure, and food and non-alcoholic beverages...

Scotsman is new president of Age in Spain
Scotsman is new president of Age in Spain

John Rafferty joined the organisation as a volunteer on its Residency Helpline during the Brexit negotiations…

The Canary Islands recovered 100% of pre-pandemic international air traffic in June
The Canary Islands recovered 100% of pre-pandemic international air traffic in June

A total of 26,905 flights passed through the air traffic control centres of the Islands during the month...

Cabildo signs a promotional deal with MotoGP for the Tenerife Race Track
Cabildo signs a promotional deal with MotoGP for the Tenerife Race Track

There will be a simulator to test the track at MotoGP race meetings and they will advise on technical aspects of the circuit...

Exceltur warns of ‘major chaos’ at Canarian airports this summer
Exceltur warns of ‘major chaos’ at Canarian airports this summer

This is a result of the avalanche of travel and the new procedures necessary for Brits entering EU countries...

How an archaeologist and a goat stopped the construction of 350 million euro resort
How an archaeologist and a goat stopped the construction of 350 million euro resort

The discovery of Guanche remains were found ‘by chance’ on the day a protest took place in Puertito de Adeje...

Ryanair boss warns ‘The age of cheap air travel is over’
Ryanair boss warns ‘The age of cheap air travel is over’

O'Leary says that flight prices will rise for the next five years because tickets are 'too cheap'...

12 more days of Ryanair cabin crew strikes to cause ‘maximum disruption’
12 more days of Ryanair cabin crew strikes to cause ‘maximum disruption’

This weekend 123 flights have been delayed and 10 cancelled, but effects are predicted to increase in a bigger way...

Sports brand ASICS in trouble for filming on Teide with no permissions
Sports brand ASICS in trouble for filming on Teide with no permissions

The controversial video has already been removed from social media after the Cabildo started a sanction against them...

ALDI will open its first stores in Tenerife and Gran Canaria on July 13th
ALDI will open its first stores in Tenerife and Gran Canaria on July 13th

They also plan to open another three stores in Tenerife in August, including two in the south of the island…

Rental companies warn there is an extreme lack of cars in the Canary Islands this summer
Rental companies warn there is an extreme lack of cars in the Canary Islands this summer

There is far more demand than supply compared to last year and no new cars available to rebuild their fleets…

British students may soon be able to remain in Spain after graduating
British students may soon be able to remain in Spain after graduating

They will be allowed to stay for two years to do internships or work...

New deal for social security for the self-employed is one step closer
New deal for social security for the self-employed is one step closer

The government has given into pressure and made a new proposal with lower contributions of 230 euros for those that earn the least…

New complex of 88 apartments is authorised for construction in Amarilla Golf
New complex of 88 apartments is authorised for construction in Amarilla Golf

The project for the new holiday complex must now be endorsed by the Cabildo, which is seen as a formality...

The Canary Islands are forecasting a record number of tourists this summer
The Canary Islands are forecasting a record number of tourists this summer

The sector is expecting a bumper summer season with more tourists than in 2019 before the pandemic…