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...
Maldives received a first time credit rating of B2 from Moody’s Investors Service, so...
The Maldivian Government has recently received a first time credit rating of B2 from Moody’s Investors Service. This rating is stable. So what does...
Saudi Arabia planning to cancel $20bn worth of projects – report
Saudi Arabia could cancel more than $20 billion worth of projects and cut ministry budgets by a quarter as the kingdom struggles to manage...
TMA signs agreement with Addu International Airport to start seaplane operations in Gan Airport
Trans Maldivian Airways (TMA) has on Tuesday signed an agreement with Addu International Airport to setup and operate a seaplane base in Gan Airport.
According...
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...
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,...
THAI AIRASIA to begin Bangkok – Male’ flights
Thailand-based low-cost airline Thai AirAsia is to begin direct flight operations between Thai capital Bangkok and Maldives starting July.
An official from the authority told local...
Gaja Capital in talks to invest $20 million in Kangaroo Kids
Mid-market focused private equity firm Gaja Capital is in talks to invest about $20 million (₹135 crore) in Kangaroo Kids Education Ltd (KKEL), in...
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...
Dubai surpasses 100,000 hotel rooms in portfolio & boasts highest spending tourists worldwide
The emirate of Dubai has officially reached 100,000 rooms across its expanding hotel and hotel apartment inventory.
Dubai surpassed 100,000 rooms following the opening of...
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...
Maldivian issues a Request For Proposals (RFP) for the damp lease of a single...
Maldivian has issued a Request For Proposals (RFP) for the damp lease of a single A330-200 one a one-year contract beginning July 23, 2017.
According...
Official Groundbreaking Ceremony Marks Start of Construction on Maldives’ New Multi-island Resort Concept
Mr. Moosa Zameer, Minister of Tourism, joined Chairman of Singha Estate Public Company Limited, Mr. Chutinant Bhirombhakdi; Director, Chairman of Executive Committee, Mr. Chayanin...
Koo.mv to Launch “Donate” – A Simple, Automatic way for Customers to Donate
As online shopping grasps its roots in the
Maldives, Koo.mv has decided to launch a service within Koo.mv, which allows
individuals to donate.
Corporate Resident Maldives – Privileged Services for Foreign Investors
The Corporate Resident Maldives, a special investor scheme, introduced by the Government of Maldives, to recognize the contribution of foreign investors and their investments...
Challenges in the Maldivian Capital Market
Guest writer: Mr. Hassan Manik, CEO, Maldives Stock Exchange
The financial sector is a very volatile field in any part of the world and in...
350 Luxury Flats to Be Built in Rasfannu Area by 2020
The government of Maldives has handed over the huge project of constructing 4 towers of 25-story buildings containing 350 luxury flats to a Singapore...
Land reclamation for airport’s new runway begins
President Abdulla Yameen Abdul Gayoom on Monday inaugurated the land reclamation work of Ibrahim Nasir International Airport (INIA) expansion project.
The project, which is set...
Talks Underway for Haa Dhaalu Naagoshi Resort Project – MITDC
Maldives Integrated Tourism Development Corporation has announced that talks are underway for the Haa Dhaalu Naagoshi resort project to be switched to MITDC’s tenure.
MITDC’s...
Lily International Announces Plans to Go Public
Lily International, one of the largest Food and Beverages Importers/Distributors in the country and subsidiary of Lily Group has announced plans to go public.
In...
CMDA Issues Custodian License to Bank of Mauritius
Capital Market Development Authority (CMDA) has issued a license to provide custodial services to Mauritius Commercial Bank Maldives Private Limited (MCB) today.
The license was...
Over 30 Merchants have Signed up to be Partners for Koo.mv
More than 30 merchants have signed up to be partners for Koo.mv, the most advanced online marketplace and the first of its kind in...
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...
MTCC Board approves Share Split and Rights Issue
On 08th January 2017, the Board of Directors of MTCC Plc has proposed a share split and a rights issue. Chairman Mr. Ahmed Niyaz...
LATEST ARTICLES
Maldives Records USD 13.2 Billion in Remittances, While Expatriates Sent USD 143 Million Abroad...
Remittances continued to be a major feature of the Maldivian financial landscape in 2024, with the Maldives Monetary Authority reporting that banks...
Gov’t Finances Post Surplus in June as Revenue Outpaces Spending
The Ministry of Finance and Planning has reported that government finances turned to surplus in June 2025, as stronger revenues offset lower...
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...
