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...

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...

Think Advertising and Taste magazine to bring the largest coffee festival in Maldives together...

Local advertising & marketing leader Think Advertising and the first and only bi-monthly food magazine Taste, collaborate to bring the largest ever...

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,...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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.

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...

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...

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...

Luxury Maldivian resort “Soneva Fushi” is recruiting a bookseller

Philip Blackwell, the scion of bookseller family, needs a Man Friday for possibly the world’s most remote bookshop, based in the luxury eco-resort of...

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...
Photo: Avas

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...

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...

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...

LATEST ARTICLES

Maldives-Türkiye Dialogue Highlights Prospects for Zero-Percent Tariff Trade

The Maldives government has engaged in discussions with Türkiye concerning the possibility of exporting 214 different commodities to Turkey at a zero...

Maldivian Commences Direct Flights to Colombo

Maldivian Aero commenced direct flights between Malé and Colombo Thursday night, with flights scheduled between the two destinations every Thursday and Saturday.
Photo: Visit Maldives

Maldives Tourism Showcased at Kazakhstan International Travel Fair

The Maldives Marketing and Public Relations Corporation (MMPRC/ Visit Maldives), accompanied by 17 co-exhibitors from the nation’s vibrant tourism industry, has made...

Hotelier Maldives Awards 2024 Winners Announced

Hotelier Maldives recently hosted the inaugural Hotelier Maldives Awards 2024. Held at Kurumba Maldives on Thursday night, the ceremony honoured individuals and...

MPL Launches Initial Surveys for Gaadhoo’s Integrated Maritime Hub

The initial surveys for the integrated maritime hub slated for development in L. Gaadhoo were carried out last Wednesday by Maldives Ports...
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