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Water company to review results

Consolidated Water Co. Ltd. which develops and operates seawater desalination plants and water distribution systems in areas where naturally occurring supplies of potable water are scarce or nonexistent, announced that it has scheduled a conference call for 10:00 a.m. Eastern…

iBusiness News

CISPA promotes professor chair at the International College

The Cayman Islands Society of Professional Accountants has thrown its support behind the International College of the Cayman Islands’ fundraising initiative for an academic chair to hire a full-time professor in a strategic move to raise the bar in higher…

Editors Choice iBusiness News

Maples recognised in Middle East Awards

Maples and Calder once again affirmed its position as leading offshore law firm in the Middle East as it scooped two awards at the 2011 IFLR Middle East Awards. Acting as Cayman Islands counsel on two award winning deals, Maples…

Editors Choice iBusiness News

Cayman Islands continues captive market growth

(Grand Cayman- 28 October 2011) Third quarter figures from the Cayman Islands Monetary Authority (CIMA) show the continued resilience of Cayman’s captive insurance sector. CIMA licensed 29 captive insurance companies in the first nine months of 2011, 14 more than…

iBusiness News

Greenlight upgraded to neutral rating

Greenlight Reinsuran (NASDAQ: GLRE) was upgraded by equities research analysts at Zacks Investment Research from an “underperform” rating to a “neutral” rating in a research note issued to investors on Wednesday. Greenlight Capital Re, Ltd. (Greenlight CapitalRe) is a holding…

iBusiness News

Kirk Marine opens new store

Kirk Marine have opened a new store at the end of Eastern Avenue, George Town, just opposite Kirk’s Supermarket. The old store used to be located at the Industrial park area, but the new location is set to catch the…

Editors Choice iBusiness News

Olympus lose $687m in rouge CI account

Olympus has defended paying $687m to financial advisers but refused to comment on its former CEO’s claims that the cash was channelled to ‘unknown parties in the Cayman Islands’. Asked why Olympus paid such a high fee in relation to…

iBusiness News

Mourant Ozannes wins double client service award

Mourant Ozannes has been named ‘Best Offshore Law Firm – Client Service’ at the HFMWeek US Hedge Fund Services Awards 2011. This follows the firm winning the same client service accolade at the HFMWeek European Hedge Fund Services Awards earlier…

iBusiness News

Digicel Takes Karting to a new level

Digicel pre-launched their 4G mobile network in a unique, unforgettable and buzz worthy fashion. It was only just late last year in December when Digicel announced the launch of Digicel 4G Broadband, the first of its kind in Cayman.  Today,…

iBusiness News

Higgs & Johnson welcomes Commercial Lawyer

Gaela Ruth Bailey was admitted to practise as an attorney-at-law in the Cayman Islands by the The Hon. Mr. Justice Henderson on an application of Higgs & Johnson, Attorneys-at-Law. The law firm is continuing to expand its Commercial/Funds Department in…