Luxembourg has won one place in the global competitiveness report

27-09-2017

The grand duchy ranked 19th out of 137 territories in the Global Competitiveness Report 2017-2018, produced by the World Economic Forum, a major Swiss research institute. Locally the WEF worked with t...
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Luxembourg wins four places in the global financial center

20-09-2017

Luxembourg has jumped four places to claim fourteenth spot in a global ranking of financial centres, coming in behind London, Frankfurt and Zurich in Europe.
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Luxembourg to be autonomous driving test lab

15-09-2017

Luxembourg will blaze a trail next year in the development of autonomous and connected driving technologies when the centre and south region become a test laboratory.
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Tomorrow Street: The Startup Ecosystem’s Missing Puzzle Piece

14-09-2017

New public-private innovation center opens its doors in Luxembourg
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Luxembourg in top 15 countries for expats

12-09-2017

Luxembourg is among the top 15 countries for expats, according to an annual poll released by a global expat networking group. The ranking of 65 destinations is based on how these countries were rated ...
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Luxembourg in top 3 EU financial centres

12-09-2017

Luxembourg is one of the leading financial centres in the EU, together with London and Frankfurt. This was confirmed once again by the latest Global Financial Centres Index (GFCI 22). Climbing by four...
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Luxembourg and Sweden to Work Closer on Environmental Policies

11-09-2017

Between 5 and 7 September 2017, Luxembourg’s Minister for the Environment, Carole Dieschbourg, paid a working visit to Sweden; while there, along with Ambassador Janine Finck and a delegation of...
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CSC opens Luxembourg office amid European expansion

11-09-2017

US business services provider CSC has opened a Luxembourg office as it launches a new capital markets business in Europe.
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Eversheds Sutherland opens Luxembourg office

11-09-2017

International corporate law firm Eversheds Sutherland has opened an office in Luxembourg as part of the firm's long-term vision that foresees the building of a strategic global platform.
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TOKIO MARINE MOVES ITS EU BASE TO LUXEMBOURG

06-09-2017

Tokio Marine announced that it will establish its new European subsidiary in Luxembourg following the UK’s decision to leave the European Union. Tokio Marine is aiming to have the new insurance compan...
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PingPong: first Chinese FinTech group to receive a payment institution licence in Luxembourg

04-09-2017

FinTech PingPong, specialised in cross-border e-commerce payments have established their European offices in Luxembourg.
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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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