Amãna Takaful Maldives has purchased 5% of the issued share capital of Maldives Islamic...
Amãna Takaful (Maldives) PLC has purchased 5% of the issued share capital of Maldives Islamic Bank held by Islamic Corporation for Development (ICD). The...
Leased Plots at ‘Guesthouse Island’ Baresdhoo will be Handed Over in February – MITDC
Maldives Integrated Tourism Development Corporation (MITDC) has announced that land plots leased from ‘Guesthouse Island’ Baresdhoo in Laamu Atoll, will be handed over as...
Construction of India’s first transshipment port begins, less than 500 km from proposed port...
Indian conglomerate Adani Group has started construction on India’s first trans-shipment port, Reuters reported. The Indian government will give the Adani Group a grant...
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...
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...
MMA issues licence to a new insurance company
Maldives Monetary Authority gives license to a 100% Maldivian company to provide insurance service in Maldives. The new company is called Dhivehi Insurance Company...
BML expands cash services in the atolls with 200th cash agent
Bank of Maldives has expanded its cash withdrawal service in the atolls by adding the 200th retailer to its network of cash agents. A...
MTDC profits up by 69%
Maldives Tourism Development Corporation has released the official report for the fourth quarter of 2016, from October to December, indicating a clear 69% increase...
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"...
BML TO LAUNCH NEW INTERNET BANKING PLATFORM
Bank of Maldives is set to launch a technologically advanced and user friendly new internet banking platform for its personal customers. Details were unveiled...
Bank of Maldives participates in the Credit Guarantee Scheme by MMA
Bank of Maldives has confirmed its participation in the Credit Guarantee Scheme which was launched this morning by the Maldives Monetary Authority (MMA). Under...
Maldives Investment Forum to be held on the 18th of December 2017 in Dubai,...
Ministry of Economic Development of Maldives has announced that they are to host their prime investment event “Maldives Investment Forum” on the 18th of...
MMA’s reserve increased by 10.8% compared to 2016
There has been a 10.8% increase in the Central Bank's reserve by the end of December 2017.
In their financial statement for the month of...
Centurion is going public and putting up its shares for sale
Centurion Pvt Ltd a company that imports goods and provides logistics solutions has announced that they are going public (PLC) and their shares are...
Madivaru Airport Project Handed to Kuredu Holdings
Madivaru Airport project has been handed to Kuredu Holdings.
An initial signing ceremony took place yesterday at the underwater restaurant in Hurawalhi Maldives. From Kuredu Holdings,...
State revenue increases by 16 percent more than predicted figure
State revenue has increased by 16 percent more than the predicted figures.
According to statistics report by government taxation...
Centara signed new management agreement for fourth resort in the Maldives “Centara Grand Muthaafushi...
Centara Hotels & Resorts, leading Thai hospitality group signed a new hotel management agreement for its fourth beach resort under the Centara umbrella in...
Maldives Showcased Maldivian Fishing in the 15th INFOFISH World Tuna Trade Conference and Exhibition
Maldives showcased Maldivian Fishing in 15th INFOFISH World Tuna Trade Conference and Exhibition. The conference commenced on 28th May in Bangkok at the Shangri-La...
MMA increases Credit Guarantee Scheme Allotment to 100million
Maldives Monetary Authority has announced that the allocated budget for the Credit Guarantee Scheme has been raised by 50million due to exceptionally favorable response...
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...
Bank of Maldives expands nationwide presence with new branch in N. Holhudhoo
Bank of Maldives has further expanded its presence in the country with the opening of a new branch in Holhudhoo in Noonu Atoll.
The branch...
MTCC Thilafushi Land Reclamation Project on Schedule
Maldives Transport and Contracting Company (MTCC) states that a big part of the land reclamation project of K.Thilafushi has been finished.
MTCC official stated the...
Ooredoo Shares at MVR30
Ooredoo Maldives has announced plans to sell 41% of shares from the company at a price of MVR 30 per share.
According to the prospectus...
BML expands investment in Baa Atoll with new ATM in Dharavandhoo
Bank of Maldives has continued to scale up its investment in B. Atoll with the introduction of a new Self Service Banking ATM in...
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...
