MMA Increases License Fee for Financial and Remittance Businesses
Maldives Monetary Authority has announced an increase to the license fee for money remittance and consumer finance businesses.
According to the announcement in the Government...
Bank of Maldives opens new dedicated US Dollar ATM Centre
Bank of Maldives has today opened its dedicated US Dollar ATM Centre at a convenient location near Artificial Beach in Male’. The new facility...
Abu Dhabi Airports Co set to redevelop Seychelles International Airport
State-owned Abu Dhabi Airports Co will invest in redeveloping the international airport at Mahe in the Seychelles as the Indian Ocean country expands its...
Now Open: Four Seasons first private island escape at Voavah, Baa Atoll
Now open, the world’s first exclusive-use hideaway in a UNESCO World Biosphere Reserve, Four Seasons Private Island Maldives at Voavah, Baa Atoll is a...
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....
BML DECLARES PROUD INVESTMENT IN STATE-OF-THE-ART TREETOP HOSPITAL
Bank of Maldives’ senior management have taken the opportunity to inspect the development of the new Treetop Hospital in Hulhumale’ which was part-financed by...
Saudi King to Visit Maldives in March to Explore Investment Opportunities, Strengthen International Ties
Saudi Arabia’s King Salman Bin Abdul Aziz Al Saud has embarked on a 31-day trip to six different Asian countries, including Maldives, in order...
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...
Demand for Omni-Channel Marketing in Maldives
Technology plays a vital role in Maldives consumer decision-making process. Marketers are coming up with innovative ideas and concepts to satisfy the customer demand....
Dhiraagu AGM on April 20, 2017
Dhiraagu has announced their Annual General Meeting to be held on April 20, 2017 at the National Art Gallery.
The AGM will include passing of...
MEGA Maldives Airlines awarded Air Operators Permit from the Directorate General of Civil Aviation...
MEGA Maldives Airlines has been awarded an Air Operators Permit from the Directorate General of Civil Aviation (DGCA) of India, to launch direct flights...
Blackstone Looking to Sell Seaplane Operator in the Maldives
Blackstone Group LP may cash out from the Maldives, the tropical island chain known for its white-sand beaches and turquoise seascapes.
The buyout firm is exploring...
MVR 1.7 Billion has Been Spent on Land Reclamation of 12 Islands – Dr....
Minister of Housing and Infrastructure, Dr. Mohamed Muizzu reported that MVR 1.7 billion has been spent on the land reclamation of 12 islands by...
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...
Hurawalhi Resort is Open
The luxury resort hotel has an undersea restaurant, a champagne pavilion, and 90 upscale villas, including 60 Ocean Villas and 30 Beach Villas. The...
Self Service Banking introduced in Fuvahmulah as a part of BML’s “Aharenge Bank” program
Bank of Maldives has continued to scale up its investment in communities with the introduction of a new Self Service Banking Centre in Fuvahmulah....
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...
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...
GCC to witness ‘sharp’ slowdown in 2017 – research
All six GCC economies will experience a “sharp” slowdown this year and over 2017, although the UAE and Qatar will outperform the others, according...
Talks Underway to Increase Saudi Investments in Maldives
Maldivian Ambassador for Saudi Arabia and Non-Resident Ambassador for Kuwait and United Arab Emirates Mr. Abdullah Hameed has begun talks with members of the...
Investment Forum for Addu Guesthouses on 22nd April
Maldives Integrated Tourism Development Corporation (MITDC) is preparing to host an Investment Forum for parties interested in investing in the guesthouse industry in Addu.
MITDC’s...
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...
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"...
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Maldives Police Urge Vigilance as Fake Certificates Increase
The Maldives Police Service has raised alarm over a growing number of cases involving fake certificates being submitted for jobs and higher...
Hanimaadhoo International Airport Nears Completion, Set to Open by November
President Dr Mohamed Muizzu has announced that the new international airport in Hanimaadhoo will be operational by November at the latest, marking...
Ooredoo Maldives Honoured with National Award on National Day
Ooredoo Maldives has been honoured with the National Award of Recognition in the category of Business and Economic Development, becoming the only...
Study Shows AI Boosts Accounting Productivity but Human Oversight Still Key
A new study from Stanford University and MIT Sloan has provided some of the first real-world evidence on how generative artificial intelligence...
Maldives Pledges Stronger Action on Disability Rights at UN Review
The Maldives has reiterated its commitment to strengthening the rights of persons with disabilities during the review of its Initial Report before...
