STELCO eyes floating solar station
Considering that the Maldives receives an abundance of sunshine year-round, the country's vision to boost the installation of solar power should come as no...
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...
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...
Corporate launching of Maldives’ most advanced ecommerce platform Koo.mv held, open to public by...
Koo.mv, the most advanced online marketplace and the first of its kind in the Maldives, has been launched to corporates by Laniakea Trade at...
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"...
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...
The Master Plan of “iHavan” Project will be Completed by the end of this...
Ihavandhippolhu Integrated Development Project (iHavan) is an integrated project which will be developed in Ihavandhippolhu atoll in Northern Maldives. This project aims in capitalizing...
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...
MIFCO under STO Management
Maldives Industrial Fisheries Company (MIFCO) was reallocated as a subsidiary of the largest trading company in the country, State Trading Organization (STO) in September...
World’s Largest Underwater Restaurant nears Completion
The underwater restaurant “Under” located near to the southernmost tip of Norway under five meters is the first of its kind in...
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...
Equatorial Convention Centre of Addu City to be Converted into a 100-Bed Hospital
On 22nd February 2016, the Government of Maldives announced that the Equatorial Convention Centre in Hithadoo, Addu City will be converted into a 100-bed...
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...
Cocoon Maldives now open
Cocoon Maldives has opened its doors for the visitors on 26 December 2016, over a month ahead of schedule.
Alessandro Azzola, Managing Director of Cocoon Investment...
Tree Top Hospital to Begin Operations Within 2 Months
Tree Top Hospital developed in Hulhumale’ by Tree Top Investments, the joint venture by Kasa Holdings Pvt Ltd, Champa Brothers, Crown Company and Kuredu Holdings...
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...
Ministry of Tourism Reveals Land Acquisition Fee Structure
Ministry of Tourism has revealed the acquisition fees for tourism-related projects.
Under the law of developing tourist resorts, hotels, guesthouses and marinas- acquisition fee can...
Hurawalhi Maldives Resort to be powered by Solar Energy
The Maldives is well know for its great weather and warm climate, and Hurawalhi Maldives Resort has announced that it is at the forefront...
Happy Market to Invest in Increasing the Production of Life Water
It has been stated by the general manager of Happy Market, Ali Ihsaan, that they are all set to increase the production of life water....
Dhiraagu opens pre-order for Samsung Galaxy Note 9
Dhiraagu announced that Samsung’s popular Galaxy Note 9 mobile phone is available for preorder.
Dhiraagu is offering instalment payment options available for postpaid customers. With...
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...
Maldives becoming a hub for Islamic Banking & Halal industry in South Asian region
Mostly people know about Maldives as an idyllic tropical island holiday destination, but little is known about the fact that the country is making...
The First Ever Water Theme Park in Maldives is Set to Open in Hulhumale’...
Housing Development Corporation (HDC) has handed over the massive project of constructing the first ever water theme park in Maldives to a Malaysian based...
Summer Island Maldives Scoops Two Accolades at South Asian Travel Awards
Summer Island Maldives has won two prestigious awards, for South Asia’s Leading Beach Resort / Hotel and Maldives’ Leading Beach Resort / Hotel, at...
LATEST ARTICLES
Hoandedhdhoo Council Opens Bids for Major Sustainable Agricultural Project on Kannigillaa Island
Hoandedhdhoo Council has announced the launch of a large-scale sustainable agricultural project on Kannigillaa, an uninhabited island in Gaafu Dhaalu Atoll. Bidding...
MMPRC Launches Nationwide Landmark Design Competition to Showcase Maldivian Heritage
The Maldives Marketing and Public Relations Corporation (MMPRC) has announced a nationwide competition inviting Maldivians over the age of 18 to design...
Tourism Revenues Propel Maldives’ Fiscal Year as Infrastructure Investments Surge
The Maldives government’s financial report for the period ending 24 October 2024 reveals a persistent budget deficit, with expenditure outpacing revenue. Cumulative...
Future Summit 2024 Outlines Path for Sustainable Tourism in Maldives
Held at Kurumba Maldives, the Future Summit 2024 brought together over 150 industry leaders, government officials, and tourism experts to discuss the...
Maldivian Resumes Scheduled Flights to Kooddoo Airport Post-Runway Renovations
Maldivian, the national airline of the Maldives, has resumed scheduled flights to Kooddoo Airport following recent runway renovations. The route, connecting Gaafu...
