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...
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...
Investors Reached New CROSSROADS With The Investment Retail Opportunity
More than 15 local and international investors attended an open house event held on 17th January 2018, at Malé National Art Gallery organised by...
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...
MATATO Promotes Maldives in Russia and Malaysia
Maldives Association of Travel Agents and Tour Operators (MATATO) advertised the Maldives in Russia and Malaysia.
MATATO has participated...
Maldives invites developers to purchase islands and lagoons
The announcement, made on Wednesday by the Maldives’ Ministry of Tourism, included a series of different island plots, all of which are available on...
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...
BML first half Net Profit up 152% to 570 million rufiyya
Bank of Maldives’ financial performance has continued its positive trajectory with first half Profit After Tax up 152% on the same period last year...
Dream Hotel Group Signs Two Resorts in the Maldives
Dream Hotel Group signed two hotels in the Maldives with local entrepreneur Mohamed Manik and Alpha Kinam Holdings to develop The Chatwal Maaga Maldives and Dream Gasveli...
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...
Self Service Banking introduced in Fuvahmulah as a part of BML’s “Aharenge Bank” program
Bank of Maldives has continued to scale up its investment in communities with the introduction of a new Self Service Banking Centre in Fuvahmulah....
The Global Halal Tourism Summit 2017: Arabian Travel Market
The inaugural ATM Global Halal Tourism Summit brings together some of the world’s leading Muslim Travel experts to discuss the nuances of this fast-growing...
Fitch Assigns Maldives First-Time ‘B+’ Rating; Outlook Stable
(The following statement was released by the rating agency) HONG KONG, May 15 (Fitch)
Fitch Ratings-Hong Kong-15 May 2017: Fitch Ratings has assigned The Republic...
Blackstone Looking to Sell Seaplane Operator in the Maldives
Blackstone Group LP may cash out from the Maldives, the tropical island chain known for its white-sand beaches and turquoise seascapes.
The buyout firm is exploring...
MITDC Invites Developers for New Picnic Island
Maldives Integrated Tourism Development Corporation (MITDC) has invited interested parties to tender for the reclamation of a lagoon near Male’, to be developed into...
STO reports increase of net profit in the last quarter of 2017
State Trading Organization PLC has reported that their net profit has increased in the last quarter of 2017, generating MVR 46 million. STO reported...
The New Roads that are being Developed in Hulhumale’ is Prepared for Concrete Works
Housing Development Corporation (HDC) have mentioned that the new roads that is being developed under the second phase of Hulhumale’ Development project is equipped...
Amãna Takaful Maldives has purchased 5% of the issued share capital of Maldives Islamic...
Amãna Takaful (Maldives) PLC has purchased 5% of the issued share capital of Maldives Islamic Bank held by Islamic Corporation for Development (ICD). The...
BML ISLAMIC scales up presence with opening of new headquarters and full-fledged branch
Bank of Maldives’ Islamic Banking arm, BML Islamic, has significantly scaled up its presence with the opening of its new headquarters, including a full-fledged...
MEGA Maldives Airlines awarded Air Operators Permit from the Directorate General of Civil Aviation...
MEGA Maldives Airlines has been awarded an Air Operators Permit from the Directorate General of Civil Aviation (DGCA) of India, to launch direct flights...
BML TO LAUNCH NEW INTERNET BANKING PLATFORM
Bank of Maldives is set to launch a technologically advanced and user friendly new internet banking platform for its personal customers. Details were unveiled...
Corporate Wellness through “Rehabilitation Sailing”
Like in every other society, In Maldives there is rapid increase in mental health issues such as anxiety, depression, higher stress, OCD, bulimia, body...
BML expands investment in Baa Atoll with new ATM in Dharavandhoo
Bank of Maldives has continued to scale up its investment in B. Atoll with the introduction of a new Self Service Banking ATM in...
Vista Rooms Expands to Maldives: Eyeing to be in 5 Countries by Year-End
Vista Rooms, one of South Asia’s brands of budget stays has launched in Maldives. Targeting the affordable accommodation segment, Vista Rooms aims to make...
LATEST ARTICLES
UN Report Highlights Gaps in Protection and Sustainable Development for Maldives
A newly published report by the United Nations in the Maldives has drawn attention to key shortcomings in the country’s social...
President Outlines Healthcare Strategy Focused on Local Access and Healthy Living
President Dr Mohamed Muizzu has shared the Government’s current approach to developing the Maldives’ health sector, with a mix of infrastructure...
Shahid Calls for Global South Leadership in New World Order
Abdulla Shahid, the former Maldives Foreign Minister, has argued that the time has come for developing nations to take a leading...
Tourist Arrivals in March Reach New High, But Growth Shows Signs of Normalising
Tourist arrivals to the Maldives in March 2025 reached a record 203,464, continuing the upward trend in absolute numbers. Yet, a...
President Floats Generational Tobacco Ban, Urges Traders to Exit the Industry
A generational ban on tobacco use is among new measures under consideration by the government, as President Dr Mohamed Muizzu outlines...
