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...
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 the Islamic Finance sector has around $2 trillion in...
Housing Development Finance Corporation to distribute MVR 22 as dividend
Housing Development Finance Corporation (HDFC) has announced that they are to distribute MVR 22 per share as dividend for the financial year of 2017.
This...
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...
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...
BML Point-of-Sale network expansion continues with 4,000th Merchant
Bank of Maldives has expanded its Point-of-Sale (POS) network to 4,000 merchants as it continues to step up its support for retailers across the...
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...
MIRA records over MVR 1.2 Billion in revenue for May 2017
Maldives Inland Revenue Authority (MIRA) has revealed that they have received MVR 1.2 billion in revenue for the month of May 2017 showing an...
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...
Dhiraagu AGM on April 20, 2017
Dhiraagu has announced their Annual General Meeting to be held on April 20, 2017 at the National Art Gallery.
The AGM will include passing of...
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...
Talks Underway to Increase Saudi Investments in Maldives
Maldivian Ambassador for Saudi Arabia and Non-Resident Ambassador for Kuwait and United Arab Emirates Mr. Abdullah Hameed has begun talks with members of the...
MMA’s reserve increased by 10.8% compared to 2016
There has been a 10.8% increase in the Central Bank's reserve by the end of December 2017.
In their financial statement for the month of...
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...
MIRA reports increase in revenue by 6.8%
Revenue collected by Maldives Inland Revenue Authority (MIRA) has increased by 6.8% from expected figures.
The government tax authority confirms that the state collected MVR...
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...
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Maldives Records USD 13.2 Billion in Remittances, While Expatriates Sent USD 143 Million Abroad...
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Ooredoo Maldives Honoured with National Award on National Day
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