Maldives Reimposes Restrictions on Bangladeshi Worker Recruitment
The government has reintroduced stricter regulations on recruiting Bangladeshi workers after initially easing restrictions in December 2023. The decision comes amid concerns...
New Aviation Regulations in the Maldives: What You Need to Know
The Maldives Civil Aviation Authority (MCAA) has introduced updated aviation regulations under the MCAR-2 Rules of the Air, which came into effect on 20...
New Terminal Nears Completion at Hanimaadhoo International Airport
The new passenger terminal at Hanimaadhoo International Airport is slated for completion by July, according to Regional Airports Company Limited (RACL) Managing...
President Declares Extended Government Holiday for Eid al-Fitr
President Dr Mohamed Muizzu has announced that the week in which Eid al-Fitr falls will be observed as a government holiday this...
Maldives Revises Tourism Act with New Development and Lease Rules
President Dr Mohamed Muizzu has ratified the 15th amendment to the Maldives Tourism Act, introducing significant changes to the legal framework governing...
Gov’t Clears USD 100 Million Loan Amid Rising Debt Concerns
The Ministry of Finance and Planning has confirmed the repayment of a USD 100 million loan taken from Cargill Financial Services International,...
Gov’t Seeks Consultants for Master Plan of Malé Center Point
The Ministry of Finance and Planning, on behalf of the Ministry of Construction, Housing and Infrastructure, has issued a request for...
Maldives’ First Solar Ferry Set to Arrive in April
The Maldives’ first environmentally friendly solar-powered ferry, currently in its final stages of construction, is expected to arrive in the country by...
President Tours New VIA Terminal as Opening Nears
President Dr Mohamed Muizzu visited the new passenger terminal at Velana International Airport (VIA) as construction nears completion. Accompanied by Cabinet Ministers,...
Gov’t Plans MVR 15 Billion Land Sale to Central Bank Amid Rising Debt Concerns
The Maldivian government is reportedly preparing to raise MVR 15 billion by selling a large plot of land in Hulhumale’ to the Maldives Monetary Authority...
New Foreign Currency Regulation Sets Reporting & Compliance Standards
The Maldives Monetary Authority (MMA) has introduced the General Regulation on Foreign Currency, which came into effect on 28 February 2025. Enacted under...
New Finance Rules Permit Government Projects Without Competitive Bidding
The government has changed public finance regulations, allowing the procurement of goods and services without a competitive bidding process for the next...
Registrar of Companies Mariyam Visam Resigns After a Decade in Office
The Registrar of Companies, Mariyam Visam, has stepped down from her position at the Ministry of Economic Development. Her resignation is effective...
Maldives’ Development Bank CEO Steps Down Amid Ongoing Setup
Noel Gregor Paterson-Jones, Managing Director and CEO of the Development Bank of Maldives (DBM), has resigned from his position. The Privatisation...
Gulhifalhu Land Allocation Revised to Expedite Registrations
The government has announced a significant revision to the Gulhifalhu Land Use Plan, confirming that all residential plots allocated under the...
MMA Raises Dollar Sale Requirement from Banks to 90%
The Maldives Monetary Authority (MMA) has instructed banks to increase the proportion of US dollars they must sell to the central...
New Regulation in Maldives Mandates Propeller Guards for Excursion Vessels
The Maldivian government has announced a new regulation requiring excursion vessels to install propeller guards, aiming to enhance the conservation of whale...
Ahmed Zayan Resigns from MMA Board as Government Faces Economic Criticism
Ahmed Zayan Mohamed, the Ministry of Finance's representative on the Maldives Monetary Authority (MMA) board, has tendered his resignation, with his notice...
Ex-Immigration Chief Arrested Over Alleged Abuse of Power
Former Maldives Immigration Controller Mohamed Shamaan Waheed was arrested on Friday evening following allegations of abuse of power and financial misconduct. The...
UAE-Backed MIFC Project Breaks Ground in Maldives
The Maldives officially broke ground on the Maldives International Financial Centre (MIFC), a USD 8.8 billion project aimed at reshaping the...
Mariyam Shamma Ismail Appointed as New Registrar of Companies
The government has appointed Uza. Mariyam Shamma Ismail as the new Registrar of Companies, following the resignation of her predecessor, Mariyam Visam,...
Consultancy Sought for Addu City’s 14km Bridge Link Project
The Maldives government has initiated plans for a major infrastructure project to connect Hithadhoo and Hulhumeedhoo in Addu City, aiming to enhance...
Ahmed Imad Resigns as Deputy Governor of MMA Following Policy Disagreements
Ahmed Imad has resigned from his position as Deputy Governor of the Maldives Monetary Authority (MMA), citing recent decisions that he believes...
President Ratifies Israeli Passport Ban, But Drops Clause on Dual Nationals
President Dr Mohamed Muizzu has ratified an amendment to the Maldives Immigration Act, enforcing a ban on the entry of Israeli...
LATEST ARTICLES
President Muizzu Pledges Written Housing Guarantee for All Eligible Citizens by Year-End
President Dr Mohamed Muizzu has reaffirmed his administration’s commitment to addressing the Maldives’ housing crisis, announcing a bold initiative that will see...
Ministry Invites EOIs for Kinbidhoo–Veymandoo Causeway and Elaa Tourism Island Project
The Ministry of Construction, Housing and Infrastructure (MCHI) on Thursday invited Expressions of Interest (EOIs) for a major infrastructure project linking Thaa...
Electricity Bills Set to Drop as New Tariffs Roll Out
President Dr Mohamed Muizzu announced yesterday that he has instructed the relevant authorities to reduce electricity tariff rates for the domestic category,...
Dhiraagu Introduces Affordable Roaming Packages for 46 Countries
Dhiraagu has unveiled a new range of affordable roaming packages, offering seamless connectivity for customers travelling to 46 countries. This latest initiative...
President Establishes New State-Owned Infrastructure Development Company
President Dr Mohamed Muizzu officially established a new state-owned enterprise, Infrastructure Development Solution Company Limited, under Article 15 of the Companies Act...
