Global Halal Industry worth $3.66 trillion

The strength and the prosperity of the global halal industry has been trumpeted all over the news. The rise of Generation M - formally...

Dhigufaru Island Resort to open in August

Dhigufaru Island Resort in Baa Atoll has been set to open on August 15th. This will be the second opening this year after "Finolhu"...

Sri Lanka’s Hayleys buys Maldivian resort “Kudarah” for US$23mn

Sri Lanka’s Hayleys PLC has acquired a Maldivian resort named Kudarah Island Resort through their subsidiary Luxury Resort private limited for 23 million US...

Hazana Maldives – A government finance company specializing in Islamic investment funds

Ministry of Finance has decided to establish Hazana Maldives Limited, a government finance company specializing in Islamic investment funds. The purpose of such establishment is...

Second Round of Get Set MV Loan Scheme Announced

The second round of the Maldives Youth Entrepreneurship program, Get Set MV, has been announced. The Get Set MV scheme was launched to assist young Maldivians...

Habib Bank opens a branch in Hulhumale’

Habib Bank Limited (HBL), the second bank to open their business in Maldives, opened one of its branches in Hulhumale’ on Sunday morning. This is...

Commercial Bank of Maldives to commence banking operations in last quarter

Tree Top Investments have announced the opening of Commercial Bank of Maldives (CBM). Commercial bank of Maldives is set out to enhance and improve the...

Apollo Holdings Pvt Ltd unveils its first luxury real estate project ‘The Apollo Towers’

Apollo Holdings Pvt Ltd has today unveiled its first luxury real estate project ‘The Apollo Towers’ set to rise with a beach front view...

Maldives received a first time credit rating of B2 from Moody’s Investors Service, so...

The Maldivian Government has recently received a first time credit rating of B2 from Moody’s Investors Service. This rating is stable. So what does...

Damas Real Estate launches ambitious “One Avenue” project in Hulhumale’

One Avenue is the latest ambitious project by Damas Real Estate, a subsidiary of Damas Company Pvt Ltd. The residential neighborhood apartment complex is...
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MTCC begins selling their shares throughout Maldives

In order to obtain over MVR 310 million, MTCC has begun to sell their shares throughout Maldives under their rights issue. MTCC will be...

Soneva Fushi signs agreement with UNDP to support SDGs in Maldives

Soneva Fushi has pledged to support the implementation of the Sustainable Development Goals in Maldives, by signing an agreement with UNDP The agreement was signed...

Fly to Bangkok for USD 425 with Sunland Travels

Sunland Travels have announced that they are to sell Male-Bangkok-Male return tickets for USD 425 during this holiday period. Sunland Travels is the official general...