Maldives: From a beach getaway to the ultimate leisure boating paradise

Marine tourism is set to take a considerable hike in the Maldives. This is largely due to the much-anticipated expansion plan for Male’s Velana...

Moody’s assigns first-time B2 issuer rating to the Government of Maldives

Moody's Investors Service has today assigned first-time local and foreign-currency issuer ratings of B2 to the Government of the Maldives. The rating outlook is...

Thailand’s Minor Hotels Group Signs First Avani Resort in Maldives

AVANI Hotels & Resorts has announce the development of its first resort in the Maldives. AVANI Fares Maldives Resort will be located on Fares...

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...

STO to organize projects to ensure food security in Maldives

State Trading Organization has planned to initiate numerous programs to ensure hassle-free food availability, announces Mr Hussain Amru, Managing Director of STO. Since all aspects...

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...

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...

Dhiraagu TV announces launch of A+E Networks™ channels in Maldives

Dhiraagu TV is proud to announce the launch of A+E Networks channels in Maldives for the first time. A+E is the home for some...

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...

Singha, Hard Rock unveil Maldives venture

Singha Estate chief executive officer Naris Cheyklin says his firm has recently signed a deal with Hard Rock International Hotel Group to open the...

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...

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...

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...

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...

Mark Zuckerberg sells another $95 million worth of Facebook Stock.

As another step towards his goal of donating 99% of his Facebook stake to improve the world within his lifetime, the CEO of Facebook...

Muslim Business Travel Segment at $22 Billion

New study on the growing Muslim travel indicated a staggering $22 billion worth Muslim business travel segment. It is further projected to reach $22...

ADB to Fund Expansion of Maldives’ Kulhudhuffushi Harbor

The Asian Development Bank (ADB) has approved a grant of $9.6 million to the Republic of the Maldives to expand Kulhudhuffushi Harbor, a project...

The Tourism Industry in the first 100 days of Hon. Ibrahim Mohamed Solih

As part of his promises to the country in his first 100 days of reign, Hon. Ibrahim Mohamed Solih has announced that...

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...

Emaar’s Address brand to manage new Maldives hotel

Dubai developer Emaar has announced the expansion of its hospitality division into South Asia with a management contract for a new resort in the...

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 hosts corporate clients at special event “MALDIVES: A GREAT PLACE TO INVEST”

Bank of Maldives has hosted its corporate clients at a special event on tourism and the global real estate market. The event, titled “Maldives:...

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...

Hilton 2016 Annual Report – Record Growth and Progress Globally

Hilton has publicized its annual report for the year 2016, revealing a year of record growth and remarkable progress. A leader in the global hospitality...

LATEST ARTICLES

Employment Act Localisation Provisions Set for Full Enforcement This September

Maldivian employers, particularly those in the resort and hospitality sector, face a looming deadline to comply with new workforce localisation rules. Under...

Tourist Arrivals in August Up 7.6 Percent as Maldives Maintains Growth

Tourist arrivals to the Maldives in August have shown steady growth, with 158,434 visitors recorded between 1 and 24 August 2025. This...

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...
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