BML Raises Debit Card Limit to USD 500, Adds Up to 30% Fee on...

Bank of Maldives has raised the monthly foreign transaction limit for MVR-denominated debit cards to USD 500, while also announcing a new...

JLL Advises on Debt Refinancing for Hilton Maldives Amingiri Resort & Spa

JLL has announced its involvement in a significant debt refinancing transaction for Amingiri Holdings Pvt. Ltd., the owner of Hilton Maldives Amingiri...

Blackstone Eyes TMA in Deal Valued Under USD 500M, Deutsche Bank Seeks Financing Partners

Deutsche Bank is in discussions with lenders and private credit funds to arrange a USD 200 million loan to support Blackstone's...

M.H.A. Private Limited Launches MVR 30 Million Parallel Istisna’ Sukuk to Finance Hulhumale’ Promenade...

M.H.A Private Limited, one of the leading FMCG distributors in the Maldives, has officially launched its MVR 30 million Parallel Istisna’ sukuk...

Ooredoo Fun Run 2025 Returns to Addu City – Register by 15 June

Ooredoo Maldives invites runners of all ages to register by 15 June 2025, 23:59 for the Ooredoo Fun Run 2025 – Addu...

Ooredoo: The Pacemaker of Maldivian Telecom Industry

Ooredoo Maldives is marking its 20th anniversary with a series of new offerings and celebratory events that reflect the company’s continued...

Board of First National Finance Corporation appoints Mariyam Visam as Chief Commercial Officer

The Board of Directors of First National Finance Corporation has appointed Mariyam Visam as its new Chief Commercial Officer, effective 16 March...

Win an Apple Products Bundle with Ooredoo’s ‘Karaa Felhun’ This Ramadan

As Ramadan approaches, Ooredoo Maldives is rolling out exclusive offers designed to enhance connectivity and engagement during the holy month. This year’s...

First Foreign CEO of MIFCO Removed From Position

Dr Vitaliy Lyubimov has been removed from his role as the Managing Director and Chief Executive Officer (CEO) of the state-owned Maldives...

First National Real Estate Fund Declares the First Round of Distributions to Investors

First National Real Estate and Hospitality Fund Plc (“Real Estate Fund”) has announced its dividend and distributions to bondholders for the first...

Bank of Maldives Introduces INR Accounts to Boost Cross-Border Transactions

Bank of Maldives (BML) has introduced Indian Rupee (INR) accounts for the first time in the country, in what it describes as...

Rip Curl Launches First Hulhumalé Store with Exclusive 40% Opening Discount

Rip Curl Maldives has launched its first retail store in the Greater Malé Region, officially opening its doors in Hulhumalé on 9th...

Auditors Forum Sees High Participation, Sets Stage for Sector Reform

The first-ever Auditors Forum hosted by the Chartered Accountants of the Maldives (CA Maldives) has drawn a stronger response than anticipated, underscoring...

Last Chance to Tap and Win: Ooredoo’s Karaa Felhun Game Ends Soon with Grand...

Gaming fans across the Maldives are being reminded that time is nearly up to join Ooredoo Maldives’ popular Ramadan mobile game, Karaa...

Ooredoo Maldives Expands 5G Coverage to 80% of the Population

Ooredoo Maldives has announced that its 5G network now covers 80% of the country’s population, establishing itself as the Maldives' most extensive...

Ooredoo Maldives Shareholders Approve MVR 3.43 Dividend for 2024

Ooredoo Maldives Plc held its Annual General Meeting (AGM) on Sunday, 9th March 2025, where shareholders approved key resolutions, including the declaration...

Dhiraagu Malé Open Swimming Competition Returns on 24 May 2025

More than 350 swimmers are set to dive into the waters off Rasfannu, Malé, as the Dhiraagu Malé Open Swimming Competition...

Farhath Shaheer Appointed CEO of MIFCO Following Sudden Dismissal of Predecessor

Farhath Shaheer has been appointed as the Chief Executive Officer and Managing Director of Maldives Industrial Fisheries Company Limited (MIFCO), following the...

Printlab Celebrates 16 Years of Innovation and Partnership in the Printing Industry

Printlab Pvt Ltd proudly marks its 16th anniversary this year, celebrating over a decade and a half of innovation, excellence, and partnership...

Dialysis Innovation in Focus as Hemodialysis Conference Opens at Dharumavantha Hospital

The Medtech-Nipro Hemodialysis Conference & Training officially commenced on 22nd February 2025 at Indira Gandhi Memorial Hospital (IGMH), bringing together healthcare professionals, nephrology experts, and industry leaders...

Ooredoo Maldives Sets Guinness World Record for Largest Underwater Panel Discussion

Ooredoo Maldives has earned a place in the Guinness World Records after hosting the world’s largest underwater panel discussion, held beneath...

Ooredoo Maldives Introduces Easy Fitr Zakat Payment via m-Faisaa

Ooredoo Maldives has announced a convenient way for customers to pay their Fitr Zakat this Ramadan through its digital wallet platform, m-Faisaa....

Ooredoo Maldives Launches ‘Karaa Felhun Meme Challenge’ with Exciting Prize

Ooredoo Maldives has announced the launch of the Ooredoo Karaa Felhun Meme Challenge, inviting participants to showcase their creativity for a chance to...

Over MVR 7 Million Paid: Euro Marketing’s Second Periodic Payment to Bondholders

Euro Marketing has successfully disbursed over MVR 7 million in its second periodic payment to bondholders, reaffirming its commitment to financial obligations...

LATEST ARTICLES

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...

Study Shows AI Boosts Accounting Productivity but Human Oversight Still Key

A new study from Stanford University and MIT Sloan has provided some of the first real-world evidence on how generative artificial intelligence...

Maldives Pledges Stronger Action on Disability Rights at UN Review

The Maldives has reiterated its commitment to strengthening the rights of persons with disabilities during the review of its Initial Report before...

New Regulation Outlines Dissolution Procedures for Dormant Companies

The Ministry of Economic Development and Trade has issued a new regulation establishing formal procedures for dissolving companies that fail to meet...

STO and Makita Celebrate 25 Years of Partnership in the Maldives

The State Trading Organisation (STO) and Japanese power tool manufacturer Makita celebrated 25 years of collaboration with a ceremony at Kurumba Maldives...
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