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The International Business Center of Madeira (IBCM) or Madeira International Business Centre (MIBC), formally known as the Madeira Free Trade Zone, is a set of tax benefits authorised by Decree-Law 500/80 in 1980, legislated [1] [2] in 1986, and amended throughout the years by the Portuguese government to favor the Autonomous Region of Madeira.
The National Investment Bank (Portuguese: Banco Nacional de Investimento, abbreviated: BNI) is a Mozambican state owned development bank in association with the Mozambican Ministry of Finance. Its goal is to provide long-term financing for sustainable endeavours that contribute to the country's social and economic development.
In the 2023 regional election, the We Are Madeira coalition (PSD/CDS–PP) was again the most voted coalition, 43 percent, but failed to win an absolute majority. [6] After the elections, PSD and CDS–PP sought the parliamentary support from PAN, which guaranteed an absolute majority in the regional parliament.
Madeira was also the host of the 2003 World Handball Championship. The Rally Vinho da Madeira is a rally race held annually since 1959, considered one of the biggest sporting events on the island [147] It was part of the European Rally Championship from 1979 to 2012 and the Intercontinental Rally Challenge from 2006 to 2010.
Biodetrital sand, leftover from shell debris, is found along the coast of Madeira, in places where the sea level subsequently retreated. In fact, uplift of the island combined with changes in sea level related to the end of the Pleistocene ice ages means that some Quaternary marine terraces are as much as 100 meters above sea level.
The University of Madeira (UMa; Portuguese: Universidade da Madeira, pronounced [univɨɾsiˈðaðɨ ðɐ mɐˈðɐjɾɐ]) is a Portuguese public university, created in 1988 in Funchal, Madeira. The university offers first, second cycle and Doctorate academic degrees in a wide range of fields, in accordance with the Bologna process.
The Laurisilva of Madeira (Portuguese: Floresta Laurissilva da Madeira) is a natural place declared a World Heritage Site by UNESCO in 1999. [1] It is considered a very valuable relic, due to its size and quality, of the laurisilva, a type of laurel forest that was very abundant in the past and is practically extinct today. It is believed to be ...