Singapore firm to develop second resort in Thaa atoll
Island Aviation Services (IAS) awarded the project to develop a tourist resort in the island of Ruhthibirah in Thaa atoll to a Singapore firm,...
BML announces nominations for their board of directors
Bank of Maldives (BML) announces vacancies for the post of Directors in their board. The vacancy is open to their public shareholders.
In their announcement...
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...
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...
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...
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...
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...
St. Regis Maldives Vommuli Resort now open
Starwood Hotels & Resorts has opened its new property in Maldives, all-villa St Regis Maldives Vommuli Resort.
The 77-villa property is in the Dhaalu Atoll,...
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...
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...
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...
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...
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...
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...
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...
Bank of Maldives shareholders to receive record dividend
Bank of Maldives has confirmed that its shareholders will receive a record dividend for the fourth consecutive year. Shareholders voted to approve the proposed...
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...
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...
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...
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...
Amana Takaful Life announces IPO of LKR 75Mn
Amana Takaful Life Limited (ATLL), a fully-owned subsidiary of Amana Takaful PLC, has announced an Initial Public Offering (IPO), via an Offer for Sale...
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...
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...
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Zamani Islands: Sowing Seeds of Sustainability in Paradise
Zamani Islands emerges as the leading force in Maldivian hospitality, set to reformulate luxury with a conscience. As Zamani Islands prepares to...
Maldives Partners with Dubai’s IFZA for Economic Zone Development
The Maldivian government has partnered with Dubai’s International Freezone Authority (IFZA) to establish a special economic and financial services zone in Fonadhoo...
Maldives Seeks Extension on USD 200 Million Loan Repayment to India
Foreign Minister Moosa Zameer has announced that he formally requested the Indian government to consider extending the repayment period for a USD...
Maldives, Qatar Seek Deeper Cooperation as Foreign Minister Zameer Visits Doha
Maldives Foreign Minister Moosa Zameer embarked on a landmark visit to Qatar on Saturday, marking his first official trip since the inauguration of...
MVR 797 Million Collected in Outstanding Payments: MIRA
The Maldives Inland Revenue Authority (MIRA) has successfully recovered MVR 797 million in outstanding payments during the first quarter of this year.
