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...

TMA expands Aircraft fleet

Trans Maldivian Airways (TMA) has added another aircraft to its existing fleet. The additional aircraft, a De Havilland DHC-6 Series 300, arrived this afternoon...

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...

BML Reveals Plans to Scale Up Investment in Hulhumale’

Bank of Maldives has announced that it will expand its presence in Hulhumale’, starting in October with a new Self Service Banking ATM in...

Maldives Investment Forum to be held on the 18th of December 2017 in Dubai,...

Ministry of Economic Development of Maldives has announced that they are to host their prime investment event “Maldives Investment Forum” on the 18th of...

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...

MMA extends deadline to commence Commercial Bank of Maldives operations

MMA has decided to extend the deadline imposed in the conditions of CBM's Banking licence to 26th September 2016. The earlier deadline to commence...

“Corporate Maldives: Investor’s Guide” to be launched in the last quarter of 2017

"Corporate Maldives: Investor's Guide" will be launched in the last quarter of 2017. This guide will be written entirely in English and is divided into major sections...

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...

MEGA Maldives Airlines Announces Temporary Suspension of Operations

MEGA Maldives Airlines is to temporarily suspend commercial flight operations from the 2nd of May 2017 onwards as part of its restructuring and recapitalization...

25 New Resorts to Open in Maldives in 2017

President Yameen Abdul Gayoom has stated that 25 new resorts will be opening in the Maldives in 2017, during the Presidential Address at the...

Accelerated growth in Topline & Reserves enables YOY Dividends and Surplus Payments to Participants

Amana Takaful (Maldives) PLC, the only Shariah Compliant listed entity in the Maldives Stock Exchange, has concluded its Sixth Annual General Meeting on 14th...

Centara signed new management agreement for fourth resort in the Maldives “Centara Grand Muthaafushi...

Centara Hotels & Resorts, leading Thai hospitality group signed a new hotel management agreement for its fourth beach resort under the Centara umbrella in...

China-Maldives Free Trade Agreement in June

The Minister of Economic Development Mr. Mohamed Saeed has revealed that China and Maldives will sign a Free Trade Agreement in June 2017. According to...

USD 220 million withdrawn from BML USD ATM service & MVR 23 billion worth...

Bank of Maldives has announced that over USD 220 million has been withdrawn from BML USD ATM service & MVR 23 billion worth transactions...

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...

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...

New Self Service Banking ATM to support local community in LH. HINNAVARU

Bank of Maldives has introduced Self Service Banking in Lh. Hinnavaru, with a new ATM that will support the banking needs of the local...

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...

Investment Forum for Addu Guesthouses on 22nd April

Maldives Integrated Tourism Development Corporation (MITDC) is preparing to host an Investment Forum for parties interested in investing in the guesthouse industry in Addu. MITDC’s...

Bank of Maldives participates in the Credit Guarantee Scheme by MMA

Bank of Maldives has confirmed its participation in the Credit Guarantee Scheme which was launched this morning by the Maldives Monetary Authority (MMA). Under...

The Construction Works of the New Runway Begins

The construction works of the new runway in Velana International Airport (VIA) has officially begun last Thursday. Currently, the construction works of laying asphalt...

Dhiraagu introduces Fibre Broadband to additional two new islands of K. Atoll

Dhiraagu have announced the roll out of its Fibre Broadband Service, to K. Dhiffushi and K. Guraidhoo, with the fastest internet speed of 100 Mbps...

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...

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A Mother’s Day Resolution: Creating a Better Workplace for Mothers

The azure waters and vibrant culture of the Maldives mirror the growing aspirations of its female workforce. However, for many Maldivian mothers,...

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...
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