MTCC plans to list themselves in the Mauritius Stock Exchange
MTCC, which is the one of the largest construction and logistics companies in the Maldives is in discussions with the Mauritius Stock Exchange to get listed...
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...
STELCO to Construct Back-up Generator in Male’ Industrial Village
Ministry of Housing has awarded a 10,000 square feet land in Male’ Industrial Village to State Electric Company Limited (STELCO) to construct and operate...
S.T.O records clean profit of MVR 288 Million: MVR 51 to be distributed per...
State Trading Organization (S.T.O) has decided to distribute MVR 51 as dividend per share at their Annual General Meeting based on their previous years...
Leased Plots at ‘Guesthouse Island’ Baresdhoo will be Handed Over in February – MITDC
Maldives Integrated Tourism Development Corporation (MITDC) has announced that land plots leased from ‘Guesthouse Island’ Baresdhoo in Laamu Atoll, will be handed over as...
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,...
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:...
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...
Dhiraagu AGM on April 20, 2017
Dhiraagu has announced their Annual General Meeting to be held on April 20, 2017 at the National Art Gallery.
The AGM will include passing of...
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...
AT&T acquires Time Warner for $85.4 Billion
The multi national conglomerate At&t has acquired Time Warner company for $85.4 billion after days of much speculation.
The massively popular show, Game of Thrones...
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...
CMDA formulates requirements to register investment funds
Capital Market Development Authority (CMDA) tables requirements to formulate investment funds in the Maldives. CMDA is an independent body responsible for developing and regulating the...
Centara Announces Two More Properties in Maldives
Centara Hotels and Resorts has announced plans to construct/operate two more properties in the Maldives.
In an interview with Bangkok Post, the Senior Vice President...
Kuwait Fund gives a loan of 50 million dollars to build the new terminal
Kuwait Fund has given a loan of 50 million dollars to build the new terminal at Ibrahim Nasir International Airport.
An agreement was signed between...
Tree Top Hospital to Begin Operations Within 2 Months
Tree Top Hospital developed in Hulhumale’ by Tree Top Investments, the joint venture by Kasa Holdings Pvt Ltd, Champa Brothers, Crown Company and Kuredu Holdings...
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...
National airline, Maldivian to ferry tourists to Laamu Baresdhoo
The National airline, Maldivian has been handed the responsibility to ferry tourists to the developing integrated tourist city, Laamu Baresdhoo. Baresdhoo is an integrated...
Boutique island resort in Baa Atoll, Milaidhoo now Open
Set in the heart of a UNESCO Biosphere Reserve in the Baa Atoll region, the luxury boutique resort Milaidhoo Island Maldives is now open....
BML to disburse MVR 107 million as 2016 dividends
Bank of Maldives' Board of Directors has disclosed that MVR 107.6 million will be disbursed as dividends for the year 2016, at a rate...
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...
Dhiraagu introduces Fibre Broadband to Laamu Atoll
Dhiraagu announces the roll out of its Fibre Broadband Service, to Laamu atoll, with the fastest internet speed of 100 Mbps and the largest...
World’s Largest Underwater Restaurant nears Completion
The underwater restaurant “Under” located near to the southernmost tip of Norway under five meters is the first of its kind in...
Sri Lanka’s Hayleys buys Maldivian resort “Kudarah” for US$23mn
Sri Lanka’s Hayleys PLC has acquired a Maldivian resort named Kudarah Island Resort through their subsidiary Luxury Resort private limited for 23 million US...
LATEST ARTICLES
Hoandedhdhoo Council Opens Bids for Major Sustainable Agricultural Project on Kannigillaa Island
Hoandedhdhoo Council has announced the launch of a large-scale sustainable agricultural project on Kannigillaa, an uninhabited island in Gaafu Dhaalu Atoll. Bidding...
MMPRC Launches Nationwide Landmark Design Competition to Showcase Maldivian Heritage
The Maldives Marketing and Public Relations Corporation (MMPRC) has announced a nationwide competition inviting Maldivians over the age of 18 to design...
Tourism Revenues Propel Maldives’ Fiscal Year as Infrastructure Investments Surge
The Maldives government’s financial report for the period ending 24 October 2024 reveals a persistent budget deficit, with expenditure outpacing revenue. Cumulative...
Future Summit 2024 Outlines Path for Sustainable Tourism in Maldives
Held at Kurumba Maldives, the Future Summit 2024 brought together over 150 industry leaders, government officials, and tourism experts to discuss the...
Maldivian Resumes Scheduled Flights to Kooddoo Airport Post-Runway Renovations
Maldivian, the national airline of the Maldives, has resumed scheduled flights to Kooddoo Airport following recent runway renovations. The route, connecting Gaafu...
