Ministry of Finance and Treasury to Issue International Sovereign Bonds worth USD200 million
Ministry of Finance and Treasury has announced the decision to issue sovereign bonds worth USD200 million to the international market. The bonds are to...
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...
Government to launch a special initiative to aid resorts near completion
The government has launched a special initiative to aid resorts near completion in a bid to boost bed capacity in the Maldives
Tourism Minister Moosa Zameer...
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...
AccorHotels invests US $16.8m in Banyan Tree
Banyan Tree Holdings and AccorHotels have entered into a long term partnership to develop and manage Banyan Tree-branded hotels around the world.
Banyan Tree will...
Dhiraagu to Expand 4G LTE Service Nation Wide
Dhiraagu has announced that it has officially started its 4G expansion project to rollout the service across the entire country. Dhiraagu has engaged vendors to...
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....
Now Open: Four Seasons first private island escape at Voavah, Baa Atoll
Now open, the world’s first exclusive-use hideaway in a UNESCO World Biosphere Reserve, Four Seasons Private Island Maldives at Voavah, Baa Atoll is a...
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...
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...
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...
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...
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...
Japanese mail-order firm opening Westin resort in Maldives
Catalog shopping giant Belluna is building a resort hotel in the Maldives under the Westin brand to tap the rise in Japanese, Chinese and...
The Government launches website to keep public informed of the Budget 2017
A booklet and a website to convey the information regarding the budget for the next year was launched today by the government.
In a function...
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...
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...
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,...
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...
Global Halal Industry worth $3.66 trillion
The strength and the prosperity of the global halal industry has been trumpeted all over the news. The rise of Generation M - formally...
BML supports first privately owned company to go public in Maldives
Bank of Maldives has extended its support to the first Initial Public Offering (IPO) of a privately owned company in Maldives. The Bank signed...
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...
GCC to witness ‘sharp’ slowdown in 2017 – research
All six GCC economies will experience a “sharp” slowdown this year and over 2017, although the UAE and Qatar will outperform the others, according...
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...
LATEST ARTICLES
Trump’s Climate Exit: A Blow to Vulnerable Nations Like the Maldives
On 20 January 2025, President Donald Trump signed a series of executive orders, including the withdrawal of the United States from the...
Gov’t Focuses on Healthcare Expansion and Primary Care Reforms
Minister of Health Abdulla Nazim Ibrahim has announced the government’s comprehensive strategy to enhance healthcare services nationwide, including new developments in Malé...
Digitalisation vs Corruption: Can Technology Alone Deliver Change?
President Dr Mohamed Muizzu has presented an ambitious plan to eliminate corruption in the Maldives through the digitalisation of public services. Speaking...
Fiscal Snapshot: Maldives Ends 2024 with MVR 15.3 Billion Deficit
The Ministry of Finance has revealed in its latest Weekly Fiscal Developments report that the Maldives concluded 2024 with a significant budget...
Former HDC Managing Director Accused of Disposing Official Documents
The former Managing Director of Housing Development Corporation (HDC), Ibrahim Fazul Rasheed, is facing accusations of disposing of official company documents, according...
