Luxembourg highest education spending in EU

31-08-2017

In 2015, Luxembourg spent an average of €4,635 per inhabitant on education, according to the latest figures from the European Union statistics agency Eurostat.
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Luxembourg supports China's Belt and Road Initiative

31-08-2017

Luxembourg's Prime Minister Xavier Bettel is in favour of China's Belt and Road Initiative (BRI), a comprehensive trade proposal that aims to create the world's largest economic platform.
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Three new international schools to open in 2018

28-08-2017

Three new international schools are set to open next year, offering pupils the European Baccalaureate in three language sections. The schools will be introduced in Junglinster, Mondorf and Clervaux an...
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Luxembourg, Hong Kong and Sydney professors join forces on FinTech

28-08-2017

Three law professors from the University of Luxembourg, the University of Hong Kong (China) and UNSW Sydney (Australia) have joined forces to cooperate in researching the law and regulation of financial technology (FinTech).
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Young Luxembourg Scientist Wins Third Place in International Competition in China

24-08-2017

A young Luxembourgish scientist has won third prize at the international competition CASTIC (China Adolescents' Science and Technology Innovation Contest).
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A Luxembourgish CEO for McCain Foods

24-08-2017

Max Koune will enter the close circle of Luxembourgish CEOs who manage a large company abroad. The board of directors of Canadian food giant, McCain Foods, has unanimously appointed Luxembourger, Max Koeune, as president and CEO of the group from November onwards.
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Dual hub for logistics in Luxembourg and Zhenzhou

21-08-2017

Cargolux has signed new agreements with Chinese partners Henan Province Airport Group Co., Ltd. (HAG) and Henan Civil Aviation Development and Investment Company Ltd. (HNCA).
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OLAmobile Acquires IconPeak for USD 10M

14-08-2017

Antoine Moreau, CEO of OLAmobile: “With IconPeak and BidderPlace we acquire two of the fastest growing performance-based advertising networks in Europe. The growth trajectory of both companies has bee...
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2030 Agenda for sustainable development

14-08-2017

In July, Luxembourg presented the contents of its 2030 Agenda in New York, at the United Nations conference on the 17 sustainable development goals.
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EVERBRIGHT BANK: 7TH CHINESE BANK TO CHOOSE LUXEMBOURG

07-08-2017

China Everbright Bank (CEB) has received approval to set up its subsidiary in Luxembourg. This strategic move will strenghten CEB’s operations in Europe and confirms Luxembourg’s position as the main gateway for Chinese banks into the European market.
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Payconiq joins forces with Luxembourg-based Digicash

07-08-2017

Payconiq announces today that it will expand its footprint to the Grand-Duchy of Luxembourg by joining forces with Digicash Payments SA, the company behind Luxembourg’s mobile payments product Digicash.
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LUXEMBOURG BIDS TO HOST THE EUROPEAN BANKING AUTHORITY

31-07-2017

The Luxembourg government has officially submitted its bid to host the European Banking Authority (EBA). Thus Luxembourg follows a call for offers by the European Council published in June. A European...
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Luxembourg's economic performance very strong

31-07-2017

Luxembourg is an advanced economy with the highest per capita income in the OECD, reflecting the dynamic services sector, notably in banking and other financial services. Foreign investment is attract...
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Fit 4 Start autumn 2017 edition: apply now!

28-07-2017

Are you determined to succeed with your ICT start-up? Fit 4 Start offers intensive coaching, attractive pre-seed capital and access to the best networks.
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Luxembourg and Kleos Space sign a MoU to co-operate within the SpaceResources.lu initiative

24-07-2017

The Luxembourg Government and Luxembourg-based Kleos Space SARL signed a Memorandum of Understanding (MoU) providing the framework for their cooperation within the SpaceResources.lu initiative with focus on space technology development.
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The Luxembourg insurance sector is booming

21-07-2017

In 2016 the national insurance sector had a record year, increasing its net profit after tax to €1,808 billion, a considerable rise of 45.7% compared to the previous financial year.
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Mangrove Capital Partners raised a $170 million fund to invest in European startups

21-07-2017

The Luxembourg-based Venture Capital firm Mangrove Capital Partners launches fund to support European startups
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Northern Trust announces creation of EU bank in Luxembourg

20-07-2017

Northern Trust will create an EU-banking presence in Luxembourg, further establishing its commitment to the region. It has appointed David Wicks as head of continental Europe. Northern Trust offers a ...
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The state of Luxembourg's population.

19-07-2017

On 1st January 2017, Luxembourg had 590,667 inhabitants, 48% of whom were non-Luxembourgers. Compared to the previous year, the population increased by 11,159 people.
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Propelling start-ups to realise their full potential

18-07-2017

The fifth edition of Fit 4 Start, Luxinnovation’s acceleration programme for early-stage ICT start-ups, will commence in October. Interested entrepreneurs can submit their applications up until August 28. Programme Manager Antoine Hron and Laurence Hulin, Advisor Start-Up Support at Luxinnovation, outline how the initiative contributes to the success of young innovative companies.
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Luxembourg ranked excellent in terms of its overall market openness

17-07-2017

After Singapore and Hong Kong, Luxembourg positioned 3rd worldwide in ICC Open Market Index with a OMI Score of 5.02. Only three economies, Singapore, Hong Kong SAR, and Luxembourg, ranked excellent in terms of their overall market openness.
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FIRST DIGITAL TECH FUND RECIPIENTS ANNOUNCED

14-07-2017

Two startups were presented €500,000 euros each for the first investment by the Digital Tech Fund on 10 July during a press conference at the Ministry of the Economy.
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Luxembourg, a great place for startups

14-07-2017

Startups are a vital driver for the development of a country’s economy, the creation of new jobs and the promotion of innovation. According to a report by the Idea Foundation, the number of new ...
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LUXEMBOURG IS THE FIRST EUROPEAN NATION TO OFFER A LEGAL FRAMEWORK FOR SPACE RESOURCES UTILIZATION

14-07-2017

The Luxembourg Parliament adopted the draft law on the exploration and use of space resources. The Grand Duchy is thus the first European country to offer a legal framework ensuring that private operators can be confident about their rights on resources they extract in space.
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Luxembourg Business Angel Network Establishes Its Own Space Angel Group

10-07-2017

LBAN´s Space Angel group will be organized as a subgroup of LBAN. Its main objectives will to be to bring together interested individual investors into the space industry and stimulate & support Luxembourg´s position as a space nation. To join the group, being a LBAN member will not be a pre-requisite.
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Asteroid Day 2017 proves a global hit!

10-07-2017

Now headquartered in Luxembourg, Asteroid Day is truly a global event that brings together notable scientists, astronauts, business leaders, artists, Nobel Laureates and private citizens.
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Wizata 2017 Microsoft Country Partner of the Year for Luxembourg

07-07-2017

In June Wizata won the 2017 Microsoft Country Partner of the Year Award for Luxembourg for demonstrating excellence in innovation and implementation of customer solutions based on Microsoft technology.
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OCSiAl to set up the world's largest nanotube production facility in Luxembourg

05-07-2017

The Ministry of the Economy and the Ministry of Finance of the Grand Duchy of Luxembourg and OCSiAl, a manufacturer of advanced materials, have signed a Memorandum of Understanding to collaborate on the construction of a production facility for single wall carbon nanotubes with an annual capacity up to 250 tonnes and a centre for applied nanotechnology.
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European Innovation Scoreboard 2017

26-06-2017

Luxembourg is a Strong Innovator. Over time, performance has increased by 1.4% relative to that of the EU in 2010.
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Estonia to open the world’s first data embassy in Luxembourg

21-06-2017

Estonia’s pilot project – the world’s first data embassy – could set an example for the rest of the world.
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