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Accountable Leadership
From record visitor numbers to record scrutiny, Malta's tourism model is at a turning point. In this MONEY cover story, Tumas Group's Ray Fenech talks quality over volume, governance and reputation, sustainability, and the next generation of leaders shaping how Malta competes – and wins – in the decade ahead.
Designing Legacy: Ray de Micoli on 40 Years with Tumas Group
Ray De Micoli has spent over four decades at the heart of Malta's architectural transformation, from a small office building to LEED-certified business districts. At the centre of that journey lies a powerful creative relationship with the Tumas Group—one that began with a simple hotel sketch and evolved into an era-defining collaboration.
