Shake-up at MMA’s Financial Intelligence Unit Raises Questions About Central Bank Autonomy

The head of the Maldives Monetary Authority’s Financial Intelligence Unit (FIU), Abdulla Ashraf, was removed from his position and reassigned to lead...

Gov’t Conducts Training for State Agencies Amid Spending Reform Push

The Ministry of Finance has wrapped up a three-day training programme aimed at strengthening public financial management across state institutions in the...

HDC’s Mauroof Jameel Steps Down Six Months into Role

Mohamed Mauroof Jameel has resigned from his post as Managing Director of the Housing Development Corporation (HDC), just six months after taking...

Male’ City Council to Publish Full Details of Land Leases in Transparency Push

Male’ City Mayor Adam Azim has announced that the council will publicly disclose the full details of all land plots leased in...

Tourism Architect and Statesman Hassan Sobir Passes Away

Hassan Sobir, a veteran public servant and diplomat who played a defining role in shaping the Maldives’ tourism sector and foreign relations,...

Velana International Airport Inaugurates New Terminal

The long-awaited new international terminal at Velana International Airport (VIA) was officially inaugurated on Saturday evening, marking a major milestone in the...

Maldives to Link Favara with India’s UPI to Ease Cross-Border Payments

The Maldives Monetary Authority (MMA) has signed an agreement with NPCI International Payments Limited (NIPL) to connect Favara, the Maldives’ national instant...

Economic Infrastructure Projects Announced During President’s Visit to Noonu Atoll

President Dr Mohamed Muizzu’s recent tour of South Miladhunmadulu Atoll included several announcements tied to economic infrastructure and local development, with updates...

New Coral Garden Project Aims to Revive Hulhumalé’s Urban Reef

Housing Development Corporation (HDC) has launched a coral restoration effort in the Channel Park of Hulhumalé Phase I, in partnership with the...

New VIA Terminal Fully Ready for Launch, Says MACL Deputy MD

Deputy Managing Director of Maldives Airports Company Limited (MACL), Mohammed Lamaan, has confirmed the fulfilment of President Dr Mohamed Muizzu’s commitment to...

Maldives Government Opens Subscription for MVR 1.39 Billion in Treasury Bills

The Ministry of Finance has issued an invitation to subscribe to MVR-denominated Treasury Bills (T-Bills), offering a total of MVR 1.39 billion...

MMA Increases Dollar Allocation to Banks to Improve SME Access

The Maldives Monetary Authority (MMA) has announced a 10 percent increase in the amount of US dollars allocated to local banks for...

Airport Upgrades, Housing, and Transport Projects Announced During Presidential Tour

President Dr Mohamed Muizzu’s ongoing tour of South Miladhunmadulu Atoll has centred on major economic and infrastructure-related developments, with announcements spanning housing,...

MACL Highlights Workplace Inclusion Ahead of Terminal Launch

Maldives Airports Company Limited (MACL) has conducted a dedicated information session for hearing-impaired employees, ensuring they are fully briefed on the operations...

Cabinet Approves Sale of Government Stake in SDFC to Bank of Maldives

The Government has approved the sale of its stake in the SME Development Finance Corporation (SDFC) to the Bank of Maldives (BML),...

Talks Held with JIRCAS to Introduce High-Nutrition Crops in Maldives

Maldives has entered discussions with the Japan International Research Center for Agricultural Sciences (JIRCAS) to explore avenues for strengthening the island nation’s...

President’s Office Discloses 922 Political Appointees

The President’s Office has publicly disclosed that 922 individuals are currently appointed to political positions under Article 115(f) of the Constitution. This...

Maldives Launches AEO Programme with Innahura as First Certified Member

Innahura Maldives Resort has been recognised as the Maldives’ first certified Authorised Economic Operator (AEO), marking a new chapter in the country’s...

Proposed Maldives IP Office Faces Pushback Over Ministerial Control

The government’s proposal to establish a Maldives Intellectual Property Office has drawn criticism from opposition lawmakers, who argue that the office should...

New Arts Support and Cinema Development Announced at Ahaa Forum

The government is preparing to issue financial assistance to artists under a new support scheme set to launch next month. The initiative...

Zakat House Opens Bidding for Islamic Insurance to Cover Uninsured Treatments

The Maldives Zakat House has announced plans to partner with an Islamic insurance provider to offer coverage for individuals on the Zakat...

Parliament Reviews Trademark Bill Proposing Fines Up to MVR 2 Million for Infringement

A government-backed bill proposing fines ranging from MVR 1 million to MVR 2 million for trademark infringement has been submitted to the...

Transport Ministry Revives Vehicle Import Permits with Stricter Criteria

The Ministry of Transport and Civil Aviation has announced that four-wheeled vehicles can now only be imported into the Maldives with a...

Travel Agencies Given Final Deadline to Submit Annual Reports or Face Licence Revocation

The Ministry of Tourism and Environment has issued a final extension for registered travel agencies in the Maldives to submit their annual...

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Dhiraagu Renews Support for Maldivian Red Crescent’s Humanitarian Efforts

Dhiraagu has renewed its partnership with the Maldivian Red Crescent (MRC) under the Partners for Humanity Initiative for 2025-26, reaffirming its commitment...

Police Warn of Sophisticated Cryptocurrency Scam Targeting Foreign Workers in Maldives

A new and sophisticated scam targeting foreign workers in the Maldives has already resulted in losses exceeding MVR 2.9 million, according to...

Chief AI Officers: Trend or Transformation for Businesses?

The rise of artificial intelligence has introduced a new figure to the corporate leadership table: the Chief AI Officer (CAIO). This emerging...

MACL to Develop Fitness and Recreation Centres in 63 Islands

Maldives Airports Company Limited (MACL) has signed a Memorandum of Understanding (MoU) with the Ministry of Sports, Fitness, and Recreation to establish...

Water and Sewerage Deadline Extended to 2027 with New Standards for Service Providers

President Dr Mohamed Muizzu has ratified an amendment to the Water and Sewerage Act, extending the deadline to establish water and sewerage...
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