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...
The Construction Works of the New Runway Begins
The construction works of the new runway in Velana International Airport (VIA) has officially begun last Thursday. Currently, the construction works of laying asphalt...
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...
MIRA records over MVR 1.2 Billion in revenue for May 2017
Maldives Inland Revenue Authority (MIRA) has revealed that they have received MVR 1.2 billion in revenue for the month of May 2017 showing an...
India’s Demonetization and Digital Transactions
Amidst the India's controversial demonetization process, some companies (mostly digital) excelled to triumph with surprising profits. Fulled by the cash crunch, people are summoned to digital...
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...
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...
MVR 450 million budget proposed for SME Bank
Ministry of Finance has proposed a budget estimated at MVR 450 million for SME Development Finance Corporation (SDFC) for 2020.
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....
Test Flight lands at Noonu Maafaru International Airport.
The first test flights have successfully landed in the newly developed N.Maafaru Airport.
Tourism Minister Moosa Zameer along with parliament members of Noonu Atoll arrived...
MAC to Increase the Size of Length and Width of Airport Arrival Belt
Maldives Airports Company (MAC) has been endlessly working on to improve the facilities and services for the passengers traveling through Velana International Airport.
Evidently, the...
Morteza Capital Becomes the First Regulated Hotel Investment Manager in the Maldives
Morteza Capital Ltd, an investment management and advisory firm specializing in hotel and leisure investments, has been awarded an Investment Adviser’s License by the...
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...
The Global Halal Tourism Summit 2017: Arabian Travel Market
The inaugural ATM Global Halal Tourism Summit brings together some of the world’s leading Muslim Travel experts to discuss the nuances of this fast-growing...
Ooredoo Maldives has gone public
Ooredoo Maldives has decided to become a public limited company and sell their shares on the Maldives Stock Exchange.
Ooredoo Maldives which is a subsidiary...
Growth momentum sustained at Amana Takaful Maldives: Pays 10% Dividends. Record Claims payments
Amana Takaful (Maldives) PLC, the only Shariah-compliant entity, listed in the Maldives Stock Exchange concluded its seventh Annual General Meeting on 6th May 2018.
The...
Fitch Assigns Maldives First-Time ‘B+’ Rating; Outlook Stable
(The following statement was released by the rating agency) HONG KONG, May 15 (Fitch)
Fitch Ratings-Hong Kong-15 May 2017: Fitch Ratings has assigned The Republic...
Fitch Assigns Maldives Sovereign Credit Rating of B+ : Highlights Progress
World’s leading credit firm, Fitch Ratings has maintained the sovereign credit rating of Maldives at B+ similarly to last year.
A B+ rating indicates that...
BML Reveals Plans to Scale Up Investment in Hulhumale’
Bank of Maldives has announced that it will expand its presence in Hulhumale’, starting in October with a new Self Service Banking ATM in...
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...
Inaugural Islamic Finance Forum of South Asia on 26-27 July
The Inaugural Islamic Finance Forum of South Asia (IFFSA) will be held on 26 and 27 July at the Ramada, Colombo. Luminaries in the...
Thilafushi Corporation to Open Spots for Leasing from the New Industrial Zone of Thilafushi
Thilafushi Corporation has mentioned that the development of Thilafushi Industrial Zone is ongoing at a fast pace and that they are planning to open...
Thomas Cook to open an own-branded resort in the Maldives
Thomas Cook is to open an own-branded hotel in the Maldives – one of 14 new properties to be developed in the next two...
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...
LATEST ARTICLES
Maldives Receives Financial Relief as India Defers T-Bill Repayment
India has granted a one-year extension on a USD 50 million Treasury Bill issued by the Maldives government, offering crucial liquidity...
Gov’t Eyes 1.52M Tonne Emission Cap, Says Minister
The Maldives is intensifying efforts to reduce carbon emissions through a nationwide expansion of renewable energy, according to statements made by...
Parliament Approves Aishath Asna Hamdi as Deputy Governor of MMA
Parliament has approved the appointment of Aishath Asna Hamdi as the new Deputy Governor of the Maldives Monetary Authority (MMA), following...
Reeling in Opportunity: The Rise of Sportfishing Tourism in the Maldives
The Maldives, with its blue lagoons and high marine diversity, is re-entering the tourism scene through the adoption of sportfishing. The...
Ooredoo Nation Inter-Resort Esports Tournament Wraps Up
Ooredoo Maldives has concluded its first-ever Inter-Resort Esports Tournament, connecting resorts across the country in a virtual competition that spotlighted the...
