Category Archives: Economy

Economy

Diaz-Canel: The economic battle is the main task

The economic battle is the fundamental and most complex task, but it is the one the people expect the most, said Miguel Díaz-Canel Bermúdez, President of the Councils of State and Ministers, at the closing of the second session of the 9th legislature of the National Assembly of People’s Power.

Leading Spanish catering company, new user in Mariel Special Development Zone

A Spanish company specialized in food, laundry and cleaning services was established as a new user in the Mariel Special Development Zone (ZEDM), bringing to 43 the number of entities operating in this Cuban initiative for foreign investment.

Italian company will build Hotel Iberostar Trinidad

The Italian group T.O.MA. signed in Havana, in the presence of the Minister of Construction of Cuba, René Mesa Villafaña, a contract worth 80 million dollars for the construction of the IBEROSTAR Hotel in Trinidad.

Foreign Direct Investment projects in Cuba increase to 525

In 2014, when Cuba approved the Foreign Investment Law and its Portfolio of Opportunities initially had 246 projects, and by 2018 that number has increased to 525, as an expression of the priority given by the State to a policy that is already bearing its first fruits.

President Miguel Diaz-Canel Denounces the Blockade Impact on Cuba’s Economy

Cuban President Miguel Diaz-Canel denounced on Sunday the impact of the US blockade on Cuba”s economy and the resurgence of this hostile policy at the National Assembly of Popular Power.