Industry & Business

Tag "Michael Noonan"

Gift Card Sales Increased in 2016 Due to Tax Free Threshold – Savills

    Gift Card Sales Increased in 2016 Due to Tax Free Threshold – Savills

The sale of gift cards at three of Ireland’s largest shopping centres reached new highs in 2016. Liffey Valley Shopping Centre in Dublin witnessed card sales increase by 13%. In

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EIB Confirms Record €825 Million Backing for Irish Investment in 2016

    EIB Confirms Record €825 Million Backing for Irish Investment in 2016

The European Investment Bank (EIB) announced on Tuesday that they had provided more than €825 million for long-term public and private sector investment across Ireland during 2016.  Backing for 12

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Taoiseach Attends World Economic Forum in Davos

    Taoiseach Attends World Economic Forum in Davos

Taoiseach Enda Kenny and Minister for Finance Michael Noonan participated in the Annual Meeting of the World Economic Forum (WEF) in Davos, Switzerland on Thursday. The theme of this year’s

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Ireland Granted Access to Invest in Chinese Securities

    Ireland Granted Access to Invest in Chinese Securities

The People’s Bank of China and Central Bank of Ireland announced on Wednesday that Ireland has been granted access to invest in securities in China. The Department of Finance said

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Global Coordinators Appointed to Sell AIB Shares

    Global Coordinators Appointed to Sell AIB Shares

Bank of America Merrill Lynch, Davy and Deutsche Bank were appointed as ‘Global Coordinators’ to assist in a potential future Initial Public Offering (IPO) of AIB, the Department of Finance

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EIB Opens Dublin Office, Establishes New Financing Group

    EIB Opens Dublin Office, Establishes New Financing Group

The first meeting of a European Investment Bank (EIB) – Ireland Financing Group, chaired by Minister of Finance Michael Noonan, took place on Friday morning, shortly before the EIB’s first

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BD to Build R&D Centre in Limerick

    BD to Build R&D Centre in Limerick

Medical Technology company Becton, Dickinson and Company (BD) announced on Friday that it plans to open a research and development centre in Limerick, creating about 100 jobs. The €21 million

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State Prepares to Sell Shareholding of AIB

    State Prepares to Sell Shareholding of AIB

The Department of Finance announce on Thursday, November 17, that they have launched a competition to appoint investment banks to help coordinate in a potential Initial Public Offering (IPO) of

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Noonan hails IT company as it brings 40 new jobs to Limerick

    Noonan hails IT company as it brings 40 new jobs to Limerick

Irish IT services and software company Redfaire has announced the creation of forty new jobs to in Limerick. Local TD and Minister for Finance Michael Noonan welcomed the news, calling

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Irish economic growth tops euro zone again

    Irish economic growth tops euro zone again

New preliminary figures from the Central Statistics Office show that GDP increased by 7.8% for the whole of 2015. This made the Irish economy the fastest growing economy in the Europe

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Opening of Uber’s Centre of Excellence in Limerick

Michael Noonan, the Minister of Finance, today officially opened Uber’s Centre of Excellence (CoE) in Thomas Street, Limerick. The Centre will become a major hub of Uber’s support organisation across

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Unemployment rate at lowest figure since 2008

    Unemployment rate at lowest figure since 2008

According to data from the Central Statistics Office, figures show the seasonally adjusted unemployment rate in October was 8.9 per cent, down from the previously reported 9.3 per cent. Finance Minister

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Billion dollar aircraft leasing industry paid €23m in corporation tax in 2014

Aircraft leasing is a multi-billion euro industry yet it paid €23m in Irish corporation tax last year. Ireland is home to nine of the 10 largest leasing firms. The top

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New Central Bank chief to be named after budget

    New Central Bank chief to be named after budget

Minister for Finance Michael Noonan will wait until after Budget 2016 to nominate a successor to outgoing Central Bank governor Patrick Honohan. Although the Minister had been expected to bring

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