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Luxembourg the world’s 11th most competitive economy

29-05-2018

The ranking, which is established by IMD World Competitiveness Center, is based on 260 different indicators grouped together in four main categories: economic performance government efficiency busines...
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Luxembourg and France: Natural partners

25-05-2018

France and Luxembourg share 73 km of borders but are much more than just geographical neighbours. Mrs Martine Schommer, the Luxembourg ambassador in France, underlined this in her welcome address. “Al...
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Luxembourg in the top 5 of digital economies

22-05-2018

DESI is a composite index that summarises relevant indicators on Europe’s digital performance and tracks the evolution of EU Member States in digital competitiveness. The DESI report tracks the progre...
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Connecting international start-ups with Luxembourg business

17-05-2018

“We are ready to expand our business in Europe, and Luxembourg is right at the centre. That is why I’m here,” says Sera Kwak, engineer at Korean company MINDs Lab. “We offer an artificial intelligence...
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LUXEMBOURG BECOMES FIRST FOREIGN NATION TO BREAK GROUND FOR ITS PAVILION AT EXPO 2020 DUBAI

03-05-2018

Luxembourg and Expo 2020 Dubai held a ground breaking ceremony on 28 April 2018 in Dubai. HE Deputy Prime minister and Minister of the Economy Etienne Schneider was accompanied by HE Commissioner General of Luxembourg Maggy Nagel and HE the Ambassador of Luxembourg to the UAE Elisabeth Cardoso for the breaking ground ceremony on the Luxembourg plot at the Expo 2020 Dubai. HE Najeeb Mohammed Al-Ali, Executive Director, Dubai Expo 2020 Bureau, was also in attendance.
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Luxembourg’s IP Box is open!

30-04-2018

The Law of April 17, 2018 therefore lays down a new framework of tax incentives for research and development activities aimed at consolidating a competitive framework for innovation in Luxembourg. Acc...
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The economic diversification of Luxembourg

06-04-2018

DBRS views the ongoing diversification of Luxembourg’s small economy as favourable. Luxembourg remains both highly resilient
and attractive as an investment destination, supported by its highly skilled workforce, competitive tax and legal frameworks
and political stability.
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Luxembourg ranks as the 2nd green finance centre in the world

29-03-2018

Financial services are an essential component of a sustainable economy, which meets the needs of stakeholders, enhances quality of life, protects the environment and addresses global issues such as cl...
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SNCI injects over 95 million euro annually into the Luxembourg economy

02-03-2018

SNCI (Société Nationale de Crédit et d’Investissement) celebrated its 40th anniversary in 2017. The national bank is one of the pillars of the economic development of Luxembourg and a key partner for any local company that looks to expand and grow. We spoke with Emmanuel Baumann, who chairs the SNCI management committee.
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Luxembourg ranked 5th in the EU 2018 Index of economic freedom

09-02-2018

Economic freedom index 2018 Luxembourg’s economic freedom score is 76.4, making its economy the 14th freest in the 2018 Index. Its overall score has increased by 0.5 point, with improvements in scores...
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Bitcoin exchange platform, bitFlyer choose Luxembourg

23-01-2018

On Tuesday 23, January 2018, the Minister of Finance, Pierre Gramegna, officially announced that on January 8, 2018, the Japanese bitFlyer platform was granted its payment institution license by the L...
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ICT start-up acceleration programme Fit 4 Start: Apply now!

04-01-2018

Fit 4 Start attracts innovative entrepreneurs from well beyond Luxembourg’s borders and has become renowned in the start-up community as a very valuable launch pad for early-stage ICT companies. Due t...
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Jemmic & Trust1Connector – Simplicity is Key

04-01-2018

Jemmic is a Luxembourg company established in 2009 that helps companies digitalise their business. As a FinTech expert, Jemmic serves over thirty banks with over one million online users – be it...
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Tetrao wins BNP Paribas Hackathon

04-01-2018

From 9 to 11 June 2017, BNP Paribas in Luxembourg took part for the first time in the International Hackathon organised worldwide by the BNP Paribas Group and running simultaneously with 160 start-ups...
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New brochure: Ten good reasons to choose Luxembourg

05-12-2017

Luxembourg is an excellent location for any company looking to launch or scale up its business. Luxinnovation’s new brochure “Ten good reasons to choose Luxembourg” highlights some of the main advanta...
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State visit to Japan: several agreements have been signed

01-12-2017

Late November, HRH the Grand Duke and the Princess Alexandra accompanied by Deputy Prime Minister and Minister of the Economy Etienne Schneider, Minister of Foreign and European Affairs Jean Asselborn...
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Sompo becomes third japanese insurer to set up EU base in Luxembourg

30-11-2017

Japanese insurer, Sompo International, has today become the latest leading Japanese financial institution to announce plans to establish its new European insurance headquarters in Luxembourg following...
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Luxembourg ranks 10th in attracting and keeping talent

27-11-2017

Each year, the World Talent Report, produced by the Institute for Management Development (IMD) with the help of the Chamber of Commerce in Luxemburg case, estimates countries’ capacity to attract and ...
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HAPPEN MAGAZINE HAS ARRIVED

09-11-2017

Luxembourg November 8, 2017: Luxinnovation is proud to announce the release of Happen. Happen is a brand new annual business magazine that unveils the technological excellence and innovative spirit of...
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Fitch confirmes Luxembourg's AAA rating

25-10-2017

On 13 October 2016, rating agency Fitch Ratings confirmed the ‘AAA’ rating for the Grand Duchy of Luxembourg with a ‘stable’ outlook. The favourable situation of LuxembourgR...
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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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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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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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Payconiq chose Luxembourg for new headquarters

05-09-2017

Payconiq, the mobile payment service for online, on-the-go and direct payments, has relocated its headquarters to Luxembourg. The company started in Amsterdam where Payconiq was founded and has thrive...
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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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Third Industrial Revolution: Opening of applications for "PEOPLE'S VOTE PROJECTS"

28-08-2017

On 21 November 2017, the next edition of the Luxembourg Sustainability Forum will dedicate a substantial portion of its programme to the Third Industrial Revolution by highlighting inspiring practices that have been put into place by companies in Luxembourg.
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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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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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