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...
Talks Underway for Haa Dhaalu Naagoshi Resort Project – MITDC
Maldives Integrated Tourism Development Corporation has announced that talks are underway for the Haa Dhaalu Naagoshi resort project to be switched to MITDC’s tenure.
MITDC’s...
STELCO eyes floating solar station
Considering that the Maldives receives an abundance of sunshine year-round, the country's vision to boost the installation of solar power should come as no...
MVR 450 million budget proposed for SME Bank
Ministry of Finance has proposed a budget estimated at MVR 450 million for SME Development Finance Corporation (SDFC) for 2020.
State revenue increases by 16 percent more than predicted figure
State revenue has increased by 16 percent more than the predicted figures.
According to statistics report by government taxation...
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...
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 Company Pvt Ltd. The residential neighborhood apartment complex is...
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...
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...
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...
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...
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...
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...
Federation of Indian Export Organisations (FIEO) to conduct an exhibition in Maldives to boost...
The Federation of Indian Export Organisations (FIEO) will conduct an exhibition between April 27 and 29 this year in the Maldives to boost exports...
Dhigufaru Island Resort to open in August
Dhigufaru Island Resort in Baa Atoll has been set to open on August 15th. This will be the second opening this year after "Finolhu"...
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...
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...
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...
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...
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...
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...
Dhiraagu TV announces launch of A+E Networks™ channels in Maldives
Dhiraagu TV is proud to announce the launch of A+E Networks channels in Maldives for the first time. A+E is the home for some...
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...
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...
LATEST ARTICLES
Jetex in Talks to Operate VIP Terminal at Velana, No Green Light Yet
Speculation is swirling around a possible agreement between Maldives Airports Company Limited (MACL) and Dubai-based aviation firm Jetex regarding the operation of...
Gov’t Eyes Stronger Investment Ties with Singapore in Tourism and Renewable Energy
The Maldivian government is confident that Singaporean investors will expand their footprint in the country, particularly in areas vital to economic development,...
Maldives, India Hold Talks to Deepen Trade and Investment Links
The governments of the Maldives and India have held discussions to further strengthen bilateral trade and investment relations, reaffirming a shared commitment...
Maldives Secures USD 25 Million for Early Warning Climate Project
The Green Climate Fund (GCF) has approved a USD 25 million grant to the Maldives under the SAP050 project, titled "Toward Risk-Aware...
Maldivian Introduces New Onboard Rules for Power Banks Starting July 6
Maldivian, the national airline of the Maldives, has announced the introduction of strict new safety regulations concerning the carriage and use of...
