Urban Development

Urban Development

LATEST ARTICLES

Maldives and India Forge Comprehensive Economic and Maritime Security Partnership

In a landmark joint press conference held at Hyderabad House in New Delhi, President Dr. Mohamed Muizzu and Indian Prime Minister Narendra...

RuPay Card Service Launched in the Maldives, Boosting Cross-Border Digital Payments

As part of ongoing efforts to modernise the financial sector in the Maldives, the RuPay card service has officially been launched, marking...

Maldives Secures USD 400 Million Swap Deal with India: What It Means for the...

The Maldives Monetary Authority (MMA) has signed a significant currency swap agreement with the Reserve Bank of India (RBI), allowing for up...

Government of Maldives Meets Sukuk Coupon Payment, Easing Default Concerns

The Government of Maldives has successfully settled the latest coupon payment on its USD 500 million senior unsecured Sukuk, issued in 2021....

President Muizzu Rules Out IMF Programme Amidst Economic Crisis

President Dr Mohamed Muizzu has ruled out seeking assistance from the International Monetary Fund (IMF) to address the country’s ongoing economic challenges,...
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