Srilankan Airlines to offer discounted rates to 40 destinations

Srilankan Airlines has begun selling tickets to over 40 destinations under a special fair. Commenting on the fair, a Srilankan Airlines official from the Maldives...

Madivaru Airport Project Handed to Kuredu Holdings

Madivaru Airport project has been handed to Kuredu Holdings. An initial signing ceremony took place yesterday at the underwater restaurant in Hurawalhi Maldives. From Kuredu Holdings,...

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...

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...

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...

Equatorial Convention Centre of Addu City to be Converted into a 100-Bed Hospital

On 22nd February 2016, the Government of Maldives announced that the Equatorial Convention Centre in Hithadoo, Addu City will be converted into a 100-bed...

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...

Growth momentum sustained at Amana Takaful Maldives: Pays 10% Dividends. Record Claims payments

Amana Takaful (Maldives) PLC, the only Shariah-compliant entity, listed in the Maldives Stock Exchange concluded its seventh Annual General Meeting on 6th May 2018. The...

MTCC to revolutionize Maldivian stock market once again

Maldives Transport and Contracting Company Plc first sold their shares to the public in 1980. In 1984, they went for a second round of...

Ooredoo Shares at MVR30

Ooredoo Maldives has announced plans to sell 41% of shares from the company at a price of MVR 30 per share. According to the prospectus...

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...

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...

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...

Maldives Showcased Maldivian Fishing in the 15th INFOFISH World Tuna Trade Conference and Exhibition

Maldives showcased Maldivian Fishing in 15th INFOFISH World Tuna Trade Conference and Exhibition. The conference commenced on 28th May in Bangkok at the Shangri-La...

MIRA reveals first quarter report for 2018: Records MVR 4.99 billion as revenue

Maldives Inland Revenue Authority (MIRA) has announced that they have collected MVR 4.99 Billion as revenue in the first quarter of 2018. In their quarterly...

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...

LATEST ARTICLES

Maldives Records USD 13.2 Billion in Remittances, While Expatriates Sent USD 143 Million Abroad...

Remittances continued to be a major feature of the Maldivian financial landscape in 2024, with the Maldives Monetary Authority reporting that banks...

Gov’t Finances Post Surplus in June as Revenue Outpaces Spending

The Ministry of Finance and Planning has reported that government finances turned to surplus in June 2025, as stronger revenues offset lower...

Maldives Police Urge Vigilance as Fake Certificates Increase

The Maldives Police Service has raised alarm over a growing number of cases involving fake certificates being submitted for jobs and higher...

Hanimaadhoo International Airport Nears Completion, Set to Open by November

President Dr Mohamed Muizzu has announced that the new international airport in Hanimaadhoo will be operational by November at the latest, marking...

Ooredoo Maldives Honoured with National Award on National Day

Ooredoo Maldives has been honoured with the National Award of Recognition in the category of Business and Economic Development, becoming the only...
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