MMA Clarifies Reserve Data Following Currency Swap with India
The Maldives Monetary Authority (MMA) has provided an update on its foreign exchange reserves following…
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News
President Muizzu Calls for Trillions in Climate Finance at COP29 to Support Vulnerable Nations
During COP29 in Baku, President Dr Mohamed Muizzu addressed the global community, urging for a…
President Muizzu Attends Opening Session of COP29
President Dr Mohamed Muizzu attended the opening session of the World Leaders Climate Action Summit…
Maldives Signs MoU with Abu Dhabi Global Market to Enhance Registry Operations
The Ministry of Economic Development & Trade of the Maldives has entered into a Memorandum…
Registration for Ooredoo Maldives Fun Run to Close on 16th November
Ooredoo Maldives has announced that registration for its highly anticipated Fun Run in Hulhumalé will…
President Muizzu Departs for COP29 in Baku
President Dr Mohamed Muizzu has departed for Baku, Azerbaijan, to attend the 29th Conference of…
Maldives and Qatar Financial Centre Sign MOU to Foster Economic Cooperation
The Ministry of Economic Development and Trade (MEDT) of the Maldives has formalised a Memorandum…
President Muizzu Meets CEO of Saudi Fund for Development
During the Joint Arab-Islamic Extraordinary Summit in Riyadh, President Dr Mohamed Muizzu met with Sultan…
Maldives to Open Embassy in Italy: Strengthening Ties with a Key Tourism Market
The Maldives is preparing to expand its diplomatic footprint with the establishment of an embassy…
ADB Approves USD 21.95 Million Package to Boost Climate Resilience and Food Security in Maldives
The Asian Development Bank (ADB) has approved a financing package worth USD 21.95 million to…
Maldivian Set to Connect China and Maldives with New Long-Haul Routes
Maldivian, the national airline of the Maldives, has announced its foray into long-haul operations at…
SDFC Launches ‘Fashaa Madhadhu’ Loan Scheme to Empower Women Entrepreneurs
The SME Development Finance Corporation (SDFC) has announced plans to issue “Fashaa Madhadhu” loans to…
Maldives Records MVR 9.9 Billion Budget Deficit Amid Rising Expenditures
The Maldives recorded a budget deficit of MVR 9.9 billion as of 31 October 2024,…
Maldives Aims for Economic Justice and Sustainability in New Budget, Says President
During the Republic Day celebrations at Dharubaaruge on Sunday evening, President Dr Mohamed Muizzu detailed…
British Airways Joins Maldives’ Sea-to-Air Cargo Network with First Shipment
Velana International Airport has welcomed British Airways as the latest addition to its growing sea-to-air…
Gov’t Designates Seven Islands as Urban Centres Under New Development Policy
The government has designated seven islands as urban centres as part of its Sustainable Regional…
Maldives Signs Agreement to Strengthen Climate Data Collection for Greenhouse Gas Inventory
The government has signed an agreement to improve data collection for its National Greenhouse Gas…
New Resort and Hotel Training School to Be Developed in Laamu Atoll
The government has formalised plans to develop a 5-star resort and a hotel training school…
COMO Hotels Appoints Peter Nilsson as Managing Director for Maldives Properties
COMO Hotels and Resorts has announced the appointment of Peter Nilsson as the new Managing…
Tourists Limited to 200 Cigarettes Under New Maldives Customs Rules
In a recent update issued by the Maldives Customs Service, new regulations on the importation…
Azerbaijan Airlines Launches Direct Flights Between Baku and Maldives
Azerbaijan Airlines (AZAL) has introduced a new direct flight service between Baku and the Maldives,…
STELCO Launches Wave Monitoring Project to Enhance Renewable Energy Efforts
STELCO has recently initiated a wave monitoring project, marking a significant step forward in the…
MIDFZ Signs Framework Agreement with CAI to Advance Maldives Economic Gateway Project
The Maldives Industrial Development Free Zone PLC (MIDFZ) has signed a significant framework agreement with…
Gov’t Targets 2.2 Million Tourist Arrivals for 2025 with New Airport Terminal in Focus
The Maldivian government is optimistic about welcoming at least 2.2 million tourists in 2025, as…