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LATEST ARTICLES

Zakat Al-Fitr Collections in Maldives Nearly Double Since 2023

Zakat Al-Fitr collections in the Maldives have seen a sharp rise over the past four years, with the Ministry of Islamic Affairs...

Fenaka Moves to Restart Addu Power Station Project After Earlier Contract Terminated

Efforts to strengthen electricity infrastructure in Addu City are moving forward after Fenaka Corporation contracted Definitive Solutions to complete the long-delayed Central...

President Says No Plans to Ban Shisha or Cut Sugar Subsidy, Raising Policy Questions

President Dr Mohamed Muizzu has stated that the government has no plans to ban shisha or reduce subsidies on sugar, signalling a...

Essential Commodity Prices in Male’ Rise 1.54% in February

Prices of essential commodities in Male’ rose in February, driven largely by increases in food prices, particularly fruits and vegetables, according to...

February Data Shows Strong Growth in Central Bank Foreign Currency Positions

A sharp increase in foreign currency assets pushed the balance sheet of the Maldives Monetary Authority (MMA) significantly higher in February, reflecting...
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