Thursday 18 December 2014
 
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Switzerland

Swiss IT consultancy opens Mideast office

Switzerland-based Tinext, a global IT consultancy, is opening an office in the region to build technology solutions around Middle East processes and business needs, said the company CEO. “All businesses want to leverage tech

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Schumiacher out of coma, shifted to Swiss hospital

Seven times Formula One racing champion Michael Schumacher, who suffered severe head injuries in a ski accident last year, has come out of a coma and was transferred to a Swiss medical centre on Monday, officials said, but gave no details of his

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Solar Impulse makes historic first flight

Solar Impulse 2, the revolutionary single-seater solar aircraft today carried out its historic maiden flight out of the Payerne aerodrome in Switzerland. The aircraft with which creators Bertrand Piccard and André Borschber

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VFS opens Swiss visa centre in Bahrain

The Government of Switzerland and VFS Global introduced visa application services for Switzerland visas in Manama on 8 April 2014. The new initiative is aimed at offering enhanced services, facilities and benefits to Swiss visa ap

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New solar-powered aircraft launched

Solar Impulse 2, a new single-seater solar aircraft designed to take up the challenge of the first round-the-world solar flight without any fuel in 2015, was launched today by its creators Bertrand Piccard and André Borschberg.

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ME investors turn to Swiss wealth managers

More and more Middle East investors are turning to Switzerland for wealth management services, said a financial expert. Crucial factors such as banking secrecy, diverse investment products and services have contributed to Switzerl

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UBS raises dividends after return to profit

UBS raised its dividend and increased bonuses for bankers by nearly a third yesterday after the Swiss bank returned to a fourth-quarter profit, reaping benefits of a revamp of its investment banking business. The turnaround follow

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Interlaken to host IH&RA congress in March

Preparations for the 51st annual congress of the International Hotel and Restaurant Association IH&RA from 10 to 12 March 2014, which will be held in Interlaken Switzerland, are in full swing. About 300 hospitality industry le

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Vitol may shift Swiss HQ over steep tax

Oil trader Vitol could move its headquarters from Geneva if Switzerland increased taxes on big commodity traders, and others would do the same, said the company's managing director. "We could - and we wouldn't be the

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Swiss extend freeze on Arab Spring assets

Switzerland will block assets held by the toppled former presidents of Tunisia and Egypt for a further three years to give the two countries more time to investigate the origins of the money, the Swiss government said. Around 700

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