GCC to witness ‘sharp’ slowdown in 2017 – research
All six GCC economies will experience a “sharp” slowdown this year and over 2017, although…
Section
Investing
Investing in Maldives
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…
Islamic economy said to be worth more than $3000 billion in 2015
Global Muslim spend across sectors of the Islamic economy surpassed $1.9 trillion in 2015, while…
Ooredoo Maldives has gone public
Ooredoo Maldives has decided to become a public limited company and sell their shares on…
BML Islamic set to launch its first financing products
BML Islamic is set to launch its first financing products in October. The announcement was…
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…
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…
Interest Rates of SME loans decreased
Loans given for small and medium businesses, called SME loans, have had its interest rate…
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…
Saudi Arabia planning to cancel $20bn worth of projects – report
Saudi Arabia could cancel more than $20 billion worth of projects and cut ministry budgets…
Damas Real Estate launches ambitious “One Avenue” project in Hulhumale’
One Avenue is the latest ambitious project by Damas Real Estate, a subsidiary of Damas…
Habib Bank opens a branch in Hulhumale’
Habib Bank Limited (HBL), the second bank to open their business in Maldives, opened one…
Maldives received a first time credit rating of B2 from Moody’s Investors Service, so what does this mean?
The Maldivian Government has recently received a first time credit rating of B2 from Moody’s…
Moody’s assigns first-time B2 issuer rating to the Government of Maldives
Moody’s Investors Service has today assigned first-time local and foreign-currency issuer ratings of B2 to…
Maldives becoming a hub for Islamic Banking & Halal industry in South Asian region
Mostly people know about Maldives as an idyllic tropical island holiday destination, but little is…
Maldives drops three position on Doing Business ranking
Maldives plunges three position down from the recent report on “Doing Business 2016”, published annually…
Maldives invites developers to purchase islands and lagoons
The announcement, made on Wednesday by the Maldives’ Ministry of Tourism, included a series of…
TMA signs agreement with Addu International Airport to start seaplane operations in Gan Airport
Trans Maldivian Airways (TMA) has on Tuesday signed an agreement with Addu International Airport to…
ADB to Fund Expansion of Maldives’ Kulhudhuffushi Harbor
The Asian Development Bank (ADB) has approved a grant of $9.6 million to the Republic…
MEGA Maldives Airlines awarded Air Operators Permit from the Directorate General of Civil Aviation of India
MEGA Maldives Airlines has been awarded an Air Operators Permit from the Directorate General of…
MMA issues licence to a new insurance company
Maldives Monetary Authority gives license to a 100% Maldivian company to provide insurance service in…
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…
CMDA formulates requirements to register investment funds
Capital Market Development Authority (CMDA) tables requirements to formulate investment funds in the Maldives. CMDA…
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…